Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Shriram Overnight Fund- Direct Monthly IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 52/100 · Average
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)6.07%
- Expense ratio (20%)0.19%
- AUM (15%)₹62 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Shriram Mutual Fund · Income/Debt Oriented · Overnight Fund
₹10.0
AUM: ₹62 Cr
NAV updated 14 days ago
Plan
Direct
Option
Idcw
Risk
Low
Expense Ratio
0.19%
Exit Load
Nil
Fund Manager
Sudip Suresh More
Inception
Sep 2026
Benchmark
Domestic Price of Gold
Sharpe Ratio
-5.01
Std Dev (1Y)
1.22%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.05%
3m
-0.05%
6m
+2.58%
1y
+5.31%
3y
+6.07%
5y
—
10y
—
since inception
+0.15%
TopFund's Take on Shriram Overnight Fund- Direct Monthly IDCW
Shriram Overnight Fund- Direct Monthly IDCW sits in the middle of the pack for Overnight Fund funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 52/100.
Cost: At 0.19%, the expense ratio runs 12% above the Overnight Fund category average of 0.17%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -5.01 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.22% is on the lower side for a Overnight Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Shriram Overnight Fund- Direct Monthly IDCW
The current NAV (Net Asset Value) of Shriram Overnight Fund- Direct Monthly IDCW is ₹10.0. NAV is updated every business day after market close by AMFI.
1Y: 5.31% · 3Y CAGR: 6.07%
The expense ratio of Shriram Overnight Fund- Direct Monthly IDCW is 0.19% per annum. This is the annual fee charged by the fund to manage your investment.
Shriram Overnight Fund- Direct Monthly IDCW is managed by Sudip Suresh More at Shriram Mutual Fund.
Shriram Overnight Fund- Direct Monthly IDCW is classified as a Low risk fund. It is suitable for investors with a moderate risk appetite.
Shriram Overnight Fund- Direct Monthly IDCW is a Overnight Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Shriram Overnight Fund- Direct Monthly IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Shriram Overnight Fund- Direct Monthly IDCW is ₹62 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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