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This is to inform you that scheme names have been changed for Nippon India ETFs with effect from 1st July 2022, for more details click on the Addendum. Thank you for your patronage!

​​​​​​​​​​​​​​​ ​​​​​Home Funds and Performance Nippon India Overnight Fund.​  ​​​​​​

Nippon India Overnight Fund

An open-ended debt scheme investing in overnight securities. Relatively Low Interest Rate Risk and Relatively Low Credit Risk

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This product is suitable for investors who are seeking*:

  • Income over short term
  • Investment in debt & money market instruments with overnight maturity

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Fund Riskometer

Nippon India Overnight Fund

Benchmark Riskometer

CRISIL Overnight Fund AI Index

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  • Investment Objective:
    To generate optimal returns with low risk and high liquidity by investing in debt and money market instruments with overnight maturity. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (03 Jul 2022)114.9039


NAV as on May 31, 2022: `114.4501

Performance of Nippon India Overnight Fund as on 31/05/2022
Particulars Simple Annualised % CAGR %
7 Days15 Days30 ​Days1 Year3 Years5 YearsSince Inception
Nippon India Overnight Fund4.003.973.923.303.65NA3.99
B:CRISIL Overnight Fund AI Index4.184.154.093.463.78NA4.11
AB:Crisil 1 Yr T-Bill Index2.614.98-7.162.784.77NA5.22
Value of `10000 Invested
Nippon India Overnight Fund10,00610,01510,03110,33011,136NA11,445
B:CRISIL Overnight Fund AI Index10,00710,01610,03210,34611,177NA11,492
AB:Crisil 1 Yr T-Bill Index10,00410,0199,94110,27811,502NA11,920
Inception Date: Dec 18, 2018
​​​B - Benchmark    |   AB - Additional Benchmark |   TRI - Total Return Index
​​​Fund Manager: Anju Chhajer (Since Dec 2018 )​,Siddharth Deb (Since Mar 2022​ )
​​

​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER:Anju Chhajer

Scheme Name/sCAGR %
1 Year Return3 Years Return5 Years Return
SchemeBenchmarkSchemeBenchmarkSchemeBenchmark
Top 3
Nippon India Low Duration Fund3.914.295.565.886.256.45
Nippon India Money Market Fund3.903.965.505.086.295.93
Nippon India Arbitrage Fund3.853.904.433.935.234.41
Bottom 3
Nippon India Liquid Fund3.373.604.294.395.435.43
Nippon India US Equity Opportunities Fund-9.883.4712.7517.3215.4517.66
Nippon India Japan Equity Fund-11.68-11.074.086.166.517.69
​​​​​

Note:

a.Ms. Anju Chhajer manages 8​ open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein are on the basis of 1 Year CAGR returns.​

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan) .

TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

​Ms. Anju Chhajer has been managing Nippon India Low Duration Fund since Oct 2009, Nippon India Liquid Fund since Oct 2013, Nippon India Japan Equity Fund since Aug 2014, Nippon India US Equity Opportunities Fund since Jul 2015, Nippon India Overnight Fund since Dec 2018, Nippon India Money Market Fund since Feb 2020, Nippon India Floating Rate Fund since Feb 2020, Nippon India Arbitrage Fund since Feb 2020​

​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER : Siddharth Deb

​Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India ETF Nifty SDL 2026 Maturity4.324.27NANANANA
Nippon India ETF Nifty CPSE Bond Plus SDL - 2024 Maturity3.984.22NANANANA
Nippon India Liquid Fund3.373.604.294.395.435.43
Bottom 3
Nippon India ETF 5 Year Gilt1.892.14NANANANA
Nippon India ETF Long Term Gilt-0.87-0.286.386.645.916.11
Nippon India ETF Hang Seng BeES-23.72-23.22-5.98-5.192.403.40
​​​ ​

Note:

a.Mr. Siddharth Deb manages 9 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure.

@The performance details provided herein are of Daily Dividend Re-investment Plan.

*The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using IDCW Reinvestment NAV's.

Mr. Siddharth Deb has been managing Nippon India ETF Liquid BeES since Nov 2012, Nippon India ETF Hang Seng BeES since Nov 2016, Nippon India ETF Long Term Gilt since Jul 2016, Nippon India ETF Nifty CPSE Bond Plus SDL - 2024 Maturity since Nov 2020, Nippon India ETF 5 Year Gilt since Apr 2021,Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund Since Mar 2022,Nippon India Liquid Fund Since Mar 2022,Nippon India Overnight Fund Since Mar 2022

​Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investments. Returns for 1 year and above are compounded annualized (CAGR) and returns less than 1 year are simple annualized basis. 6 months simple annualized returns are provided for the schemes that are in existence for more than 6 months but have not completed 1 year. Dividend (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted.Face value of schemes is `10 per unit, except for the schemes as specified here. Face Value of Nippon India Liquid Fund, Nippon India Money Market Fund Nippon India Ultra Short Duration Fund, Nippon India Low Duration Fund and Nippon India ETF Liquid BeES is `1000 per unit. Face value of Nippon India ETF Junior BeES is `1.25 per unit. Face value of Nippon India Overnight Fund is `100 per unit. Face Value of Nippon Ind​ia ETF Nifty BeES, Nippon India ETF Bank BeES, Nippon India ETF PSU Bank BeES, Nippon India ETF NV20, Nippon India ETF Hang Seng BeES, Nippon India ETF Gold BeES is `1 per unit. In case, the start/end date of the concerned period is non-business day, NAV of the previous date is considered for computation of returns. Performance details of closed ended and interval schemes are not provided since these are not comparable with other schemes. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan). ​​​​​​​​









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Fund Details

  • Inception Date18 Dec 2018
  • Fund ManagerMs. Anju Chhajer | Mr. Siddharth Deb
Current Investment Philosophy
    • The fund endeavours to provide investors with moderate income commensurate with relatively low risk along with higher liquidity by investing in debt and money market instruments maturing on or before next business day.
    • It is suitable for investors with an investment horizon of 1 day to 7 days.
Minimum Investment
5000.00

    and in multiples of `1 thereafter

Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load**:

Nil

Exit load levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date.

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • Income over short term
  • Investment in debt & money market instruments with overnight maturity

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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Details as on Apr 30 , 2022

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