Shriram Overnight Fund
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returnsNAV history
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Overnight Fund peers to rank yet
Volatility 0.0% vs 0.7% category avg
0.3% expense vs 0.2% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Less volatile than its Overnight Fund peers (0.0% vs 0.7%)
Concerns
- High expense ratio (0.25%) vs the Overnight Fund average of 0.18%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Overnight Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Overnight Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -0.00% | +0.02% | -0.02% |
| 3M abs | -0.00% | +0.17% | -0.17% |
| 6M abs | — | +0.41% | — |
| 1Y CAGR | — | +0.74% | — |
| 3Y CAGR | — | +0.95% | — |
| 5Y CAGR | — | +0.45% | — |
Category average across peers in Overnight Fund (79 of 80 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Fund size over time
Quarterly average AUM · AMFIDown +24% from its peak of ₹182.93Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
2 monthly installments of ₹10,000 into Shriram Overnight Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Shriram in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Shriram Multi Asset Allocation Fund - Direct Plan
CNBC TV18 · 8d ago
Shriram Money Market Fund
CNBC TV18 · 10d ago
Shriram Nifty 1D Rate Liquid ETF - Direct Plan
CNBC TV18 · 10d ago
Shriram Money Market Fund - Direct Plan
CNBC TV18 · 11d ago
Shriram Multi Sector Rotation Fund - Direct Plan
CNBC TV18 · 11d ago
Shriram Liquid Fund - Direct Plan
CNBC TV18 · 19d ago
Shriram Overnight Fund
CNBC TV18 · 24d ago
India’s Power Industry Set to Gain Most from Global AI Expansion, Says Shriram Mutual Fund Report
The Impressive Times · 11 Jul 2026
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Overnight funds
Overnight funds hold securities maturing the very next day, making them the lowest-risk debt category. They're a place to park cash for a few days with almost no interest-rate risk.
Frequently asked questions
What is the NAV of Shriram Overnight Fund?
As of 20 Aug 2026, the NAV of Shriram Overnight Fund is ₹1,000.00 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Shriram Overnight Fund delivered?
Shriram Overnight Fund has returned -0.00% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Shriram Overnight Fund?
Shriram Overnight Fund charges an expense ratio of 0.25% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
How risky is Shriram Overnight Fund?
It is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.0% and its worst peak-to-trough fall in our sample was -0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Shriram Overnight Fund?
Shriram Overnight Fund is benchmarked against the CRISIL Liquid Overnight Index. Its alpha and beta on this page are measured against that index.
Who manages Shriram Overnight Fund?
Shriram Overnight Fund is managed by Deepak Ramaraju, Gargi Bhattacharyya Banerjee, Sudip Suresh More and Amit Modani at Shriram.
How is Shriram Overnight Fund taxed?
Shriram Overnight Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.