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Overnightregulargrowth📊 NIFTY 1D Rate Index(SEBI default)

Sundaram Overnight Fund Regular Plan - Growth

Sundaram Mutual Fund

#24 of 35 (1Y)

Today's NAV — all variants

Regular · Growth

₹₹1432.5642

0.41 (+0.03%)

31 May 2026

AMFI: 146959

Direct · Growth

₹₹1442.6274

0.42 (+0.03%)

31 May 2026

AMFI: 146963

Regular · IDCW

₹₹1037.5835

0.30 (+0.03%)

31 May 2026

AMFI: 146960

Direct · IDCW

₹₹1042.6519

0.30 (+0.03%)

31 May 2026

AMFI: 146957

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week+0.09%
1 Month+0.41%
3 Months+1.24%
6 Months+2.51%
1 Year+5.23%
3 Years (CAGR)+6.11%
5 Years (CAGR)+5.45%
10 Years (CAGR)
Since Inception (Mar 2019)+5.12%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP+5.17%
3 Year SIP+5.81%
5 Year SIP+5.84%
Since Inception (Mar 2019)+5.43%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹43,000

Invested

₹52,396

Value today

5.4%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,433

Value today

5.1%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

Try Lumpsum Calculator

₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹4,30,000

Withdrawn

₹9,08,606

Corpus left

+₹3,38,606 net gain — withdrew ₹4,30,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,35,066

Value today

1.4×

Multiple

Staying invested through that crash turned ₹1L into ₹1,35,066 — a 1.4× return

Read: Staying invested through crashes

Direct vs Regular — ₹500/month over 7 years

Expense ratio drag on your actual returns

Direct plan

₹51,867

Regular plan

₹51,681

Direct earns ₹186 more on a ₹42K investment0.06% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseSundaram Mutual Fund
CategoryOvernight
Plan Typeregular
Optiongrowth
AUM₹1,024 Cr
Expense Ratio0.17%
Min SIP₹500
Min Lumpsum₹1,000
BenchmarkNIFTY 1D Rate Index
Launch Date20 Mar 2019
AMFI Code146959

Risk Metrics

Trailing 1 year, annualised

-209.36

Sharpe Ratio

Alpha

Beta

-15.83

Sortino

0.01%

Std Dev

0.00%

Max Drawdown

Portfolio Holdings

Holdings data not yet available for this fund.

Performance Comparison

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Investment Objective

Sundaram Overnight Fund Regular Plan - Growth invests in overnight securities with a maturity of 1 business day. These funds carry virtually zero credit and interest rate risk, offering the highest safety among mutual funds with returns slightly above savings accounts.

About This Fund

Sundaram Overnight Fund Regular Plan - Growth is a Overnight mutual fund offered by Sundaram Mutual Fund. The fund has been operational for over 7 years. It manages assets worth ₹1,024 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 1D Rate Index. The current expense ratio is 0.17%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Investors looking to park surplus cash for very short periods
  • SIP investors who can benefit from rupee cost averaging during market fluctuations