Shriram Overnight Fund

With rising inflation and low savings account interest rates, investors are looking for avenues to park their short-term surplus funds without compromising on liquidity and safety. This is where overnight funds can prove beneficial. Shriram Overnight Fund offers competitive returns, high liquidity, low risk, and a superior digital investing experience. Read on to learn more about how you can leverage Shriram Overnight Fund as part of your investment portfolio.

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About Shriram Overnight Fund

About Shriram Overnight Fund

An overnight mutual fund invests in low-risk debt instruments maturing in one day, such as treasury bills and commercial papers, offering reasonable returns with high liquidity. Shriram Overnight Fund focuses on short-term investments with an investment horizon of 3-6 months, making it ideal for parking surplus funds. With a minimum Systematic Investment Plan (SIP) of ₹500, the fund ensures easy withdrawals within one business day while maintaining a conservative approach to minimise volatility and credit risk.

Its dynamic overnight fund allocation targets stable returns by investing in overnight maturing instruments. Suitable for investors seeking overnight fund returns with minimal risk, it provides a reliable option for achieving short-term financial goals requiring liquidity.

Why Invest in Shriram Overnight
Fund?

Higher Returns

Higher Returns

As an Overnight Liquid Fund, we aim to offer better returns than an ordinary savings account. You can earn some interest on spare cash kept for very short periods, while maintaining the safety of the corpus.
Safety of Capital

Safety of Capital

We invest only in secure debt and money market instruments maturing in one day. This minimises risk and volatility.
High Liquidity

High Liquidity

You can withdraw your money from the Overnight Mutual Fund at any point without exit loads. It remains highly liquid for instant access when needed.

Features & Benefits of Shriram Overnight
Fund Schemes

The following are the key features and benefits of Shriram Overnight Fund:
  • Low-Risk ProfileLow-Risk Profile

    The fund invests in highly secure short-term debt instruments that mature in one day, minimising risk and volatility.

  • Easy AccessibilityEasy Accessibility

    The low minimum investment amount of ₹500 makes it convenient for new investors to participate.

  • Temporary Parking of Surplus CashTemporary Parking of Surplus Cash

    It provides an efficient place to park spare cash and earns better short-term returns than savings accounts.

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Frequently Asked Questions

What is the withdrawal time for Shriram Overnight Fund?

The withdrawal process for mutual funds, including overnight funds like Shriram Overnight Fund, is designed to provide quick access to your money. Once you initiate a withdrawal, the funds are typically processed within three working days of the receipt of the redemption request at the authorised centre of the Shriram Mutual Fund. 

What is the maturity period of overnight funds?

Overnight funds invest in securities maturing in one day. 

Is Shriram Overnight Fund risky?

No, Shriram Overnight Fund is relatively low risk, given the ultra-short-term maturity profile. 

Is Shriram Overnight Fund better than a savings account?

Yes, Shriram Overnight Fund can generate better returns over savings accounts while providing high liquidity. 

What is the difference between overnight and liquid funds?

While both offer high liquidity, overnight funds invest in securities maturing in one day, while liquid funds invest across maturity periods of up to 91 days.