Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment)
Fund House: Groww Mutual Fund| Category: Debt: Overnight |
| Launch Date: 04-07-2019 |
| Asset Class: Fixed Income |
| Benchmark: CRISIL Liquid Overnight Index |
| TER: 0.24% As on (31-10-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 100.0 |
| Minimum Topup: 100.0 |
| Total Assets: 20.16 Cr As on 31-10-2024(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
1001.0161
0 (0.0%)
4.65%
Benchmark: 6.36%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
Nifty 1D Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The Scheme seeks to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.42 |
| Sharpe Ratio | -0.85 |
| Alpha | 1.16 |
| Beta | 0.76 |
| Yield to Maturity | 6.42 |
| Average Maturity | 1.41 |
PEER COMPARISON
Scheme Characteristics
Investment in overnight securities having maturity of 1 day.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
99.68%
