SBI Overnight Fund

Q: What are the returns of this mutual fund scheme?

The SBI Overnight Fund is a 23 yrs 1 m old fund and has delivered average annual returns of 6.44% since inception. SBI Overnight Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 5.92% 6.33% 5.21% 5.44% 6.44%

Q: How much does this mutual fund charge as expense ratio?

The SBI Overnight Fund has an expense ratio of 0.14% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹4224.8777+0.01% 1 day change	6.44% p.a.	App exclusive #NA View Ranked Funds	₹27,820 Cr

Historical NAV & returns

NAV: ₹4224.8777 as on Oct 20, 2025

This fund Category average

SBI Overnight Fund overview

AUM (Fund size)	₹27,820 Cr
Exit load	0%
Lock-in Period	Nil
Age	23 yrs 1 m since Sep 16, 2002
Benchmark	CRISIL Liquid Overnight Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.14% as on Sep 30, 2025
Plan type	Regular
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

SBI Overnight Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.41%	0.41%
3 Months	1.31%	1.31%
6 Months	2.68%	2.67%
1 Year	5.92%	5.92%
2 Years	6.28%	6.3%
3 Years	6.33%	6.35%
4 Years	5.77%	5.79%
5 Years	5.21%	5.24%
7 Years	5.09%	5.09%
10 Years	5.44%	5.46%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Cash & Call Money 96.39%

SOV 3.61%

Top Debt Holdings

Reserve Bank of India 3.61%

Allocation by Instruments

Repo 75.09%

Reverse Repo 20.98%

Treasury Bills 3.6100000000000003%

Net Receivables 0.32%

Other Holdings

Others 20.98%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Overnight Fund	0.41%	2.68%	5.92%	6.33%	5.21%	5.44%
Mirae Asset Overnight Fund	0.41%	2.69%	5.94%	6.37%	5.26%	2.99%
PGIM India Overnight Fund	0.4%	2.66%	5.94%	6.36%	5.26%	3.06%
Edelweiss Overnight Fund	0.41%	2.66%	5.9%	6.34%	5.22%	3.1%
UTI Overnight Fund	0.41%	2.69%	5.97%	6.39%	5.26%	5.56%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Overnight Fund	0.13	0.1	-1.06	-1.39
Mirae Asset Overnight Fund	0.13	0.1	-0.69	-0.93
PGIM India Overnight Fund	0.14	0.12	-0.76	-0.98
Edelweiss Overnight Fund	0.13	0.1	-0.97	-1.26
UTI Overnight Fund	0.13	0.1	-0.58	-0.74

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Overnight Fund	N.A.	27,820 Cr	23 yrs 1 m	0.14%
Mirae Asset Overnight Fund	N.A.	1,433 Cr	6 yrs	0.15%
PGIM India Overnight Fund	N.A.	114 Cr	6 yrs 2 m	0.17%
Edelweiss Overnight Fund	N.A.	220 Cr	6 yrs 3 m	0.16%
UTI Overnight Fund	N.A.	6,559 Cr	21 yrs 11 m	0.11%

View all Overnight funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.04 vs. 1.18 Underperformed at beating benchmark
Sharpe	-1.06 vs. 1.45 Poor risk-adjusted returns
Beta	0.1 vs. -0.42 More sensitive to market's ups & downs
Standard deviation	0.13 vs. 0.09 More volatile performance

Compare SBI Overnight Fund in detail with

About this fund

About SBI Overnight Fund

SBI Overnight Fund is a Overnight mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 23 yrs 1 m, having been launched on 16/09/2002. SBI Overnight Fund has ₹27,820 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Overnight Fund as of 20/10/2025 is ₹4224.88. The fund has an expense ratio of 0.14%, which is close to what most other Overnight funds charge.

SBI Overnight Fund returns of last 1-year are 5.97%. Since launch, it has delivered 6.45% average annual returns. The fund has doubled the money invested in it every 13 yrs.
SBI Overnight Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is very low indicating it has lent to borrowers whose quality is poor. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Reserve Bank of India.

...

Fund AUM	27,820 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Ranjana Gupta

She is a Commerce graduate from Mumbai University Prior to joining SBI Mutaul Fund, She was heading the broking activities at Twentyfirst Century Shares and Securities Ltd from May 1995 to February 2008. She started her career as a dealer in 1995 with OTCEI.

Investment objective

The scheme seeks to provide the investors an opportunity to invest in overnight securities maturing on the next business day.

SBI Mutual Fund details

No. of schemes	72 view all schemes
Total AUM	12,07,585 Cr as on Sep 30, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

More funds from SBI Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
SBI CRISIL IBX Gilt Index - June 2036 Fund	N.A.	2,709 Cr	7.51%	8.87%
SBI CRISIL IBX Gilt Index - April 2029 Fund	N.A.	2,079 Cr	8.75%	8.43%
SBI Magnum Constant Maturity Fund	N.A.	1,856 Cr	7.47%	8.25%
SBI Credit Risk Fund	N.A.	2,210 Cr	8.37%	8.21%
SBI CRISIL IBX SDL Index - September 2027 Fund	N.A.	1,024 Cr	7.91%	7.93%
SBI Magnum Medium Duration Fund	N.A.	6,738 Cr	7.87%	7.83%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of SBI Overnight Fund?

The current Net Asset Value (NAV) of the SBI Overnight Fund plan is approximately ₹4224.8777 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The SBI Overnight Fund is a 23 yrs 1 m old fund and has delivered average annual returns of 6.44% since inception.

SBI Overnight Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
5.92%	6.33%	5.21%	5.44%	6.44%

How much does this mutual fund charge as expense ratio?

The SBI Overnight Fund has an expense ratio of 0.14%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The SBI Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 27,820 Cr as on Sep 30, 2025.

To whom does SBI Overnight Fund lend to?

The top 3 debt holdings of SBI Overnight Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	3.61%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The SBI Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	96.39%
SOV	3.61%

What is risk level of SBI Overnight Fund?

This is a Overnight fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in SBI Overnight Fund?

Redeeming your investments in the SBI Overnight Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Overnight

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Overnight funds in the last 1 Month.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.