Tata Overnight Fund-Regular Plan-Growth

Tata Overnight Fund-Regular Plan-Growth is a scheme launched by Tata Mutual Fund on March 26, 2019, and falls under the Overnight fund category. It currently manages an AUM of Rs 3,779.14 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.18% for managing the portfolio.

• Investing Strategy:

  To generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.

• Performance:

  Tata Overnight Fund-Regular Plan-Growth trailing returns over different times are 6.08% (1 year), 6.36% (3 year) and 5.16% (5 year). The average annual return of this fund stands at 4.06%.