Shriram Overnight Fund
This is the Regular plan of Shriram Overnight Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed monthly, which is why this NAV sits below the growth plan of the same 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
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Overnight Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.02% | — | — |
| 3M abs | -0.02% | — | — |
| 6M abs | — | — | — |
| 1Y CAGR | — | — | — |
| 3Y CAGR | — | — | — |
| 5Y CAGR | — | — | — |
Category average across peers in Overnight Fund, 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.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
4 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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Cash & Equivalents100.00%
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.
AMC Profile
Shriram Mutual Fund is run by Shriram Asset Management, part of the Chennai-based Shriram Group. It is one of the industry's smallest houses by assets, running a handful of equity and hybrid schemes.
Fund Managers
DRDeepak RamarajuStart date not disclosed
Senior Fund Manager
Bachelor of Engineering - (BEChemical Engineering)
Mr. Deepak Ramaraju comes with a diverse experience of over 21 years. He is a chemical engineer by academic background. Prior to joining Shriram Asset Management Company Ltd., Mr. Deepak was advising Sanlam Group of South Africa on their India focused fund and was part of their global equity research team. He has been associated with equity markets for the past 17 years and prior to that Mr. Deepak was a researcher and co-inventor at GE India Technology Centre, Bangalore with 10 patents as co-inventor to his credit.
GBGargi Bhattacharyya BanerjeeStart date not disclosed
Fund Manager
22 Years
MBM, B.Sc (Economics)
Ms. Gargi Bhattacharyya Banerjee has an experience of 9 months over 22 years in her professional career. She joined as Research Manager in Shriram Asset Management Company Limited in November 2012. Prior to joining Shriram Asset Management Company Limited, she has held the key positions (Research Head) with Zacks Research Private Limited and Shriram Insight Share Brokers Limited.
- Shriram Nifty 1D Rate Liquid ETF
- Shriram Aggressive Hybrid Fund - Direct Plan - Growth
- Shriram Balanced Advantage Fund - Direct Plan - Growth
- Shriram ELSS Tax Saver Fund - Direct Plan - Growth
- Shriram Flexi Cap Fund - Direct Plan - Growth
- Shriram Liquid Fund - Direct Plan - Growth
- Shriram Multi Asset Allocation Fund - Direct Plan - Growth
- Shriram Multi Sector Rotation Fund - Direct Plan - Growth
SMSudip Suresh MoreStart date not disclosed
Mr. Sudip has around 19 years of experience in managing Fixed Income Investments, Macroeconomic Research and Credit Analysis. Prior to this assignment, Mr. Sudip was Debt Fund Manager at Kshema General Insurance Company. Additionally, he has also worked with Sahara India Life Insurance Company Ltd as a Debt Fund Manager whe reby managing ULIP and Traditional funds on Fixed Income side.
AMAmit ModaniStart date not disclosed
Mr. Amit Modani has over 13 years of experience in fixed income fund management and dealing. Before his current role, he served as Fund Manager - Fixed Income at Mirae Asset Investment Managers (India) Pvt. Ltd. He has also worked with BOI Mutual Fund. Prior to that, he worked as Portfolio Manager – Fixed Income at Quantum Mutual Fund and as Dealer – Fixed Income at PGIM Mutual Fund.
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
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.
Two from Shriram Mutual Fund - 13 equity mutual funds fail to outperform benchmarks in 3 years: ACE MF
The Economic Times · 4d ago
SHRIRAM ASSET MANAGEMENT CO.LT Share Price
Upstox · 4d ago
Shriram Gold ETF Passive FoF - Regular Plan Portfolio
The Economic Times · 4d ago
Shriram Gold ETF Passive FOF - Direct (G)
Multibagg AI · 5d ago
Shriram Mutual Fund has declared change in the fund managers of its few schemes
Value Research · 21d ago
Shriram Gold ETF Passive FoF Regular-Growth (₹ 10.04) - NAV, Reviews & asset allocation
The Economic Times · 05 Sep 2026
India’s Power Industry Set to Gain Most from Global AI Expansion, Says Shriram Mutual Fund Report
The Impressive Times · 11 Jul 2026
‘Power sector presents India’s biggest AI opportunity’
News Arena India · 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 05 Oct 2026, the NAV of Shriram Overnight Fund is ₹1,002.75 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 +0.06% 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?
Shriram Overnight Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.2% and its worst peak-to-trough fall in our sample was -0.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
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.