Navi Overnight Fund Direct Growth

Low Risk
Money Market
Overnight

NAV as on Nov 14, 2024

Price per unit of the scheme.

₹ 10.84190.00%1 Day Change

0.45%

Minimum Investment₹10

Expense Ratio--

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Navi Overnight Fund Direct Growth

Money Market: Overnight Average NAV

Topper in Money Market: Overnight

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Navi Overnight Fund Direct Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

CRISIL Liquid Overnight TR INR

Expense Ratio

Category Avg Expense Ratio

0.09%

Minimum Investment (Lumpsum/SIP)

₹ 10 /₹ 10

Lock In (Years)

No Lock-in

Fund Size

₹ 4.56 Cr(As on Sep, 2024)

Inception Date

Jul 18, 2023

Turnover

- %

Exit Load

Nil

Objective: To generate returns by investing in debt and money market instruments with overnight securities having maturity of 1 day. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Navi Overnight Fund Direct Growth is an Money Market - Overnight fund. The fund was launched inJul 18, 2023. Its risk level is . The NAV of the fund as onNov 14, 2024 is ₹10.84. Its expense ratio is - %. The fund has an AUM of ₹4.56 Cr.The fund is managed byTanmay Sethi.
The minimum initial investment is ₹10 in Lumpsum mode.

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FUND MANAGER

Tanmay Sethi

Lead Fund Manager.

Feb 1, 2024 - Present

Fund Manager Rank--Out of 31
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed4
Total AUM₹ 228.52 Cr
Highest Return In 1 Yr11.26 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Navi Liquid Fund Direct Plan Growth Option

₹ 29.47

0.47%

0.40%

Moderate Risk

₹61.90Cr

Navi Regular Savings Fund Direct Plan Growth Option

₹ 31.45

-0.61%

-1.28%

Moderately High risk

₹35.76Cr

Navi Equity Hybrid Fund Direct Growth

₹ 24.49

1.61%

0.53%

Very High Risk

₹126.30Cr

Navi Liquid Fund Direct Plan Growth Option

Moderate Risk--

NAV₹ 29.47
Fund Size₹61.90Cr

Fund Return0.47%

Category Return0.40%

Navi Regular Savings Fund Direct Plan Growth Option

Moderately High risk

NAV₹ 31.45
Fund Size₹35.76Cr

Fund Return-0.61%

Category Return-1.28%

Navi Equity Hybrid Fund Direct Growth

Very High Risk

NAV₹ 24.49
Fund Size₹126.30Cr

Fund Return1.61%

Category Return0.53%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Oct, 2024

EQUITY (-%)

DEBT (-%)

CASH (100.00%)

Allocation by Market Cap

No Data For Allocation

Industry Holdings

Stock Holdings

No Data For Allocation

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
----
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
----
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
--
This Fund
VS
--
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
--
This Fund
VS
--
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
--
This Fund
VS
--
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
--
This Fund
VS
--
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
--
This Fund
VS
--
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
--
This Fund
VS
--
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Navi AMC Limited

Navi AMC Limited manages assets worth ₹ 9,095.08 crores. It’s current offering of mutual fund schemes includes 17 equity, 2 hybrid schemes.

Phone

033-40185000/022-40635000

mf@navi.com

AUM

₹ 9,095.08 Cr (

As on Nov 30, 2025

)

Address

3rd Floor, Kolkata,700 069

FAQ's

What is the category of Navi Overnight Fund Direct Growth ?

The category of Navi Overnight Fund Direct Growth is Money Market - Overnight

What is the current NAV of Navi Overnight Fund Direct Growth ?

The current NAV of Navi Overnight Fund Direct Growth as on Nov 14, 2024 is ₹10.84

How safe is Navi Overnight Fund Direct Growth ?

The risk level of Navi Overnight Fund Direct Growth is Low.

What are short term returns given by Navi Overnight Fund Direct Growth ?

The return given by Navi Overnight Fund Direct Growth in 1 month is 0.45%, 3 months is 1.39%, 6 months is 2.85%, and 1 year is 6.16%

What are the long term returns given by Navi Overnight Fund Direct Growth ?

The return given by Navi Overnight Fund Direct Growth in 3 years is -- and 5 years is --.

What is the expense ratio of Navi Overnight Fund Direct Growth ?

The expense ratio of Navi Overnight Fund Direct Growth is --

What is the AUM of Navi Overnight Fund Direct Growth ?

The assets under Management (AUM) of Navi Overnight Fund Direct Growth is Rs 4.56 crores.

What is the minimum investment in Navi Overnight Fund Direct Growth ?

The minimum Lumpsum investment in Navi Overnight Fund Direct Growth is ₹10.00 and the minimum SIP investment in Navi Overnight Fund Direct Growth is ₹10.00

What is the asset allocation of Navi Overnight Fund Direct Growth?

Navi Overnight Fund Direct Growth has an exposure of 100.00% in Cash & Money Market Securities