- Mutual Funds
- Bandhan Mutual Fund
- Bandhan Overnight Fund (G)
Overnight funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Overnight Funds invest in securities with a maturity of 1 day.
These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1314.182
NAV (Oct 15)
Fund Returns
Last 1Y | 6.7% |
Last 3Y | 5.7% |
Last 5Y | 4.7% |
Last 10Y | NA |
Since Inception | 4.9% |
6 Month CAGR | 3.2% |
Scheme Information
The scheme seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates.
Expense Ratio | 0.15 |
Launched (0y ago) | 0.15 |
AUM in Crores | 947.3 |
ISIN | INF194KB1314 |
Lock-in | - |
Benchmark | NIFTY 1D Rate Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.4 |
Beta | 0.7 |
Sharpe Ratio | -0.5 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Bandhan Overnight Fund (G) | 8,20,542 | 87,930 | 4.7% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Others
54.3%Others
41.3%Reserve Bank of India
2.3%Reserve Bank of India
2%Others
0.1%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,523 cr | ||
₹ 8,029 cr | ||
₹ 10,307 cr | ||
₹ 14,839 cr | ||
₹ 4,610 cr |
About the AMC
Bandhan Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.5% | 5.8% | ||
5.3% | 5.7% | ||
20.2% | 17.9% | ||
15.9% | 19% | ||
14.5% | 13.3% |
Bandhan Overnight Fund (G) Review
Bandhan Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4.87% over a period of 5 years. The fund is managed by Bandhan Mutual Fund. The fund manager’s name is Brijesh Shah.
Nav of Bandhan Overnight Fund (G) as of 10/15/2024 is ₹1314.18 with the total AUM as of 10/16/2024 is ₹947.318. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bandhan Overnight Fund (G) was launched on 2019-01-18. The category risk of the fund is null.
The minimum SIP amount for Bandhan Overnight Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Bandhan Overnight Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY 1D Rate Index.
It is rated as a 3 fund in Debt and delivered 6.681% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bandhan Overnight Fund (G).
Frequently Asked Questions
What is Bandhan Overnight Fund (G)?
How to invest in Bandhan Overnight Fund (G)?
You can invest in Bandhan Overnight Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Bandhan Overnight Fund (G)?
The minimum sip amount for Bandhan Overnight Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Bandhan Overnight Fund (G) good to invest in?
As per Scripbox experts, it is a 3 fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Bandhan Overnight Fund (G)?
The expense ratio of the Bandhan Overnight Fund (G) is 0.15% for regular plan.
What is the NAV of Bandhan Overnight Fund (G)?
Today's Bandhan Overnight Fund (G) NAV is ₹1314.18.