Best Overnight Fund aliceblueonline.com

Best Overnight Fund – FAQs
What Are The Best Overnight Mutual Funds?
Best Overnight Mutual Funds #1: SBI Overnight Fund

Best Overnight Mutual Funds #2: Kotak Overnight Fund

Best Overnight Mutual Funds #3: ICICI Pru Overnight fund-Direct Plan-Unclaimed Redemption IDCW Transitory Scheme

Best Overnight Mutual Funds #4: ICICI Pru Overnight Fund

Best Overnight Mutual Funds #5: ICICI Pru Overnight fund-Direct Plan-Unclaimed IDCW Transitory Scheme

These funds are listed based on the Highest AUM.

Is It Good To Invest In Overnight Funds?
Overnight funds are comparatively safer within the realm of debt funds, offering minimal credit risk and no interest rate risk. Securities maturing in a day rarely default on interest payments, ensuring enhanced safety.

Are Overnight Funds Profitable?
Overnight funds prioritize safety and liquidity over high returns. They are ideal for investors seeking low-risk and easy access to their funds due to their focus on stability and liquidity.

What Are The Returns In Overnight Mutual Funds?
Overnight funds have, on average, provided an annual return of 6.52% over the past year.

Who Should Invest In Overnight Fund?
An overnight fund is ideal for investors seeking short-term investments. These funds remain unaffected by interest rate changes and security defaults, making them a secure choice in the realm of debt mutual funds.

Are Overnight Funds Better Than FD?
Overnight funds are deemed safer compared to liquid funds and other debt funds. They generate returns from the interest earned on their overnight investments, making them a secure investment option.

Introduction To Best Overnight Fund
Best Overnight Fund – AUM, NAV
SBI Overnight Fund

SBI Overnight Fund Direct-Growth, managed by SBI Mutual Fund, is an overnight mutual fund scheme with a tenure of 10 years and 9 months. The fund currently manages assets worth ₹14,772 Crores.

Kotak Overnight Fund

Kotak Overnight Fund Direct – Growth, offered by Kotak Mahindra Mutual Fund, is an overnight mutual fund scheme with a history of 4 years and 9 months. The fund currently manages assets worth ₹9,806 Crores.

ICICI Pru Overnight fund-Direct Plan-Unclaimed Redemption IDCW Transitory Scheme

ICICI Prudential Overnight Fund – Direct Plan – Unclaimed IDCW Stable Scheme, a debt fund managed by Rohan Maru, was initiated on December 1, 2021. With ₹9447 Crores in assets under management (AUM) as of December 1969, it surpasses the category average. This fund provides a secure option for your investments.