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SBI Overnight Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)

SBI · Overnight
Low
₹1375.67
Current NAV
25 Jun 2026
31.2%
1Y Return
13.2%
3Y CAGR
21.2%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Highly cost-efficient with a low expense ratio of 0.22%.
  • Generates significant excess returns relative to benchmark index (Alpha: 2.92).
  • Very large asset base (AUM: ₹18,970 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
0.92
Sharpe Ratio
1.12
Beta
2.92
Alpha
1.12
Sortino
Fund Details
Fund House SBI
Category Overnight
AUM ₹18970 Cr
Expense Ratio 0.22%
Min SIP ₹500
Min Lumpsum ₹1000
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