Samco Overnight Fund - Regular Growth

About Scheme: Samco Overnight Fund is a debt fund that will invest primarily in Overnight Securities including Tri-party repo (TREPS) where the underlying collateral is government securities and treasury bills. The scheme aims is to provide moderate returns at very low risk with maturity of 1 business day.

Fund Overview

Investment Objective

The investment objective of the Scheme is to provide reasonable returns commensurate with very low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/ residual maturity of 1 day. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Key Highlights
Investing in highest liquidity instruments that mature in a single day
Gives the liberty to redeem the funds efficiently without any load structure
Investments are exposed to low risk
Facility to avail TimerSTP of Samco Mutual Fund
Perfect for parking surplus or emergency funds
Avail same day returns since purchase takes place on previous day's NAV
Asset Allocation Pattern
The asset allocation under the scheme will be follows:
InstrumentsIndicative allocations (% of total assets)Risk Profile
MinimumMaximumHigh / Medium / Low
Overnight Securities*0100Low
*TREPS (or any similar instrument), Government Repo / Reverse Repo (in Government Securities), Treasury bills, Government securities (Issued by both Central and State governments) and any other like instruments as specified by the Reserve Bank of India from time to time and approved by SEBI from time to time with one day residual maturity.
Type of scheme
An open-ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk
Plans
  • Direct Growth
  • Regular Growth
Benchmark Index
CRISIL Liquid Overnight Index
STP Frequency
  • Normal STP - daily, weekly, fortnightly, monthly, quarterly
  • Timer STP - weekly, monthly, quarterly
Minimum Application Amount of scheme
₹ 500 and in multiples of ₹ 1/- thereafter
Minimum Additional Application Amount
₹ 500 and in multiples of ₹ 1/- thereafter
Minimum SIP Amount
₹ 500 and in multiples of ₹ 1/- thereafter
Exit Load
    Nil
Fund Manager
Mr.Dhawal Dhanani

Mr. Dhawal Dhanani

Fund Manager

Mr.Umeshkumar Mehta

Mr. Umeshkumar Mehta

CIO & Fund Manager

Portfolio

All Holdings (as on 2024-01-31)

Issuers Asset Category % Of Net Assets
Clearing Corporation of India Limited Tri-Party Repo (TREPS) 99.46
Cash, Cash Equivalents and Net Cash and Cash Equivalent 0.54
Grand Total100

Portfolio Composition by Asset Class

Fund Performance

SAMCO OVERNIGHT FUND

Period Fund Returns (%) Benchmark Returns (%) Additional Benchmark Returns (%) Value of Investment of 10,000
Fund (₹) Benchmark (₹) Additional Benchmark (₹)
Samco Overnight Fund - Regular Growth
Last 7 days 6.47% 6.86% 7.32% 10012.00 10013.00 10014.00
Last 15 days 6.35% 6.75% 6.39% 10026.00 10028.00 10026.00
Last 30 days 6.22% 6.64% 7.24% 10051.00 10055.00 10059.00
Last 1 year 6.48% 6.85% 7.23% 10648.00 10685.00 10723.00
Since inception 6.38% 6.69% 7.12% 10951.00 10998.00 11063.00

Samco Flexi Cap Fund

Period Amount invested (Rs) Fund Value (Rs) Fund Returns (%) Benchmark value (Rs) Benchmark Returns (%) Additional Benchmark Value (Rs) Additional Benchmark Returns (%)
Samco Overnight Fund - Regular Growth
No Performance Data Found

Scheme Documents

Samco Overnight Fund KIM

Samco Overnight Fund SID

Samco Overnight Fund - Regular Growth

AUM (as on 2024-01-31)

60.71 (₹Crores)

NAV (as on 2024-03-31)

1095.1254

Risk

Low

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Riskometer

(An open-ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk)

This product is suitable for investors who are seeking* :

  • Regular income with high levels of safety and liquidity over short term.
  • Investment in fixed income instruments with overnight maturity.

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

Samco Overnight Fund

Investors understand that their principal will be at low risk

CRISIL Liquid Overnight Index
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