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

ADITYA BIRLA SUN LIFE OVERNIGHT FUND- Direct - Monthly Payout of IDCW

Aditya Birla Sun Life · Overnight
Low
₹1003.85
Current NAV
25 Jun 2026
13.6%
1Y Return
23.6%
3Y CAGR
14.6%
5Y CAGR
Watchlist
Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Highly cost-efficient with a low expense ratio of 0.36%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.96).
  • Generates significant excess returns relative to benchmark index (Alpha: 5.96).
  • Very large asset base (AUM: ₹11,010 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
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
1.96
Sharpe Ratio
0.96
Beta
5.96
Alpha
2.67
Sortino
Fund Details
Fund House Aditya Birla Sun Life
Category Overnight
AUM ₹11010 Cr
Expense Ratio 0.36%
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%