Home› Funds› ADITYA BIRLA SUN LIFE OVERNIGHT FUND- Direct - Dai

ADITYA BIRLA SUN LIFE OVERNIGHT FUND- Direct - Daily Reinvestment of IDCW

Aditya Birla Sun Life · Overnight
Low
₹1000.02
Current NAV
25 Jun 2026
11.3%
1Y Return
11.3%
3Y CAGR
12.3%
5Y CAGR
Watchlist
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.33%.
  • Generates significant excess returns relative to benchmark index (Alpha: 2.73).
  • Very large asset base (AUM: ₹11,280 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
0.73
Sharpe Ratio
0.93
Beta
2.73
Alpha
0.97
Sortino
Fund Details
Fund House Aditya Birla Sun Life
Category Overnight
AUM ₹11280 Cr
Expense Ratio 0.33%
Min SIP ₹500
Min Lumpsum ₹1000
SIP Calculator Compare Funds
Similar Funds in Overnight
HDFC Overnight Fund - Daily IDCW Option - Direct Plan
HDFC
₹1042.66 31.8%
NIPPON INDIA OVERNIGHT FUND - WEEKLY IDCW Option
Nippon India
₹100.09 31.8%
CANARA ROBECO OVERNIGHT FUND - REGULAR PLAN - GROWTH OPTION
Canara Robeco
₹1405.44 31.7%
ICICI Prudential Overnight Fund - Direct Plan - Annual IDCW
ICICI Prudential
₹1033.57 31.7%