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Aditya Birla Sun Life Overnight Fund - NAV, Performance, Investment Details 2025

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Invest in Aditya Birla Sun Life Overnight Fund for low-risk overnight securities. Check latest NAV, returns, fund manager details, and investment options.

Investment Objective and Approach

The objective of the scheme is to generate reasonable income through investments in debt securities, Money Market Instruments & Tri-party Repo having maturity of 1 day. Aditya Birla Sun Life Overnight Fund is an open-ended debt scheme investing in overnight securities.

A relatively low interest rate risk and relatively low credit risk. The fund focuses exclusively on ultra-short duration investments with securities maturing within 24 hours, making it ideal for parking surplus funds temporarily.

Key Investment Features:

- The scheme seeks to generate reasonable income through investments in debt securities, Money Market Instruments & CBLO/Tri-party Repo having maturity of 1 day.

- Suitable for very short-term investment horizons (few days to 1 year)

- High liquidity with daily redemption facility

- Low volatility compared to other debt fund categories

- The Aditya Birla Sun Life Overnight Fund Direct Growth is rated Low risk.

Fund Managers

Kaustubh Gupta is the Current Fund Manager of Aditya Birla Sun Life Overnight Fund Direct Growth fund. Kaustubh Gupta is the Co-Head of Fixed Income at Aditya Birla Sun Life AMC Limited (ABSLAMC).

Fund Manager Profile:

- Kaustubh brings with him 20 years of extensive investment experience having worked in various capacity of treasury finance, liquidity management and fund management.

- As Co-Head, Kaustubh leads the overall fixed income portfolio management.

- Prior to joining ABSLAMC in 2009, Kaustubh worked with ICICI Bank for 5 year in the Asset Liability Management team.

- Kaustubh is a Chartered Account and CFA (Level 2) by qualification.

A chartered accountant and CFA by qualification, Mr. Kaustabh Gupta is one of the sharpest financial brains at Aditya Birla Sun Life Mutual Fund. As a senior fund manager, Mr. Gupta has managed some of the most consistent schemes at ABSLMF. He brings with himself 14 years of rich experience, working in different domains such as liquidity management, treasury finance, and fund management.

About the Fund House (AMC)

Aditya Birla Sun Life Mutual Fund (ABSLMF) is a joint venture between two financial powerhouses. We are a joint venture between Aditya Birla Group and Sun Life Financial Inc, one of the leading international financial organizations.

Key Highlights:

- We are one of the leading asset managers in India, servicing around 8.25 million investor folios * Our PAN-India presence across 290+ locations*, serves investors all around the country.

- With cumulative average assets under management (AUM) of Rs. 3.31 Lakh Crores as of March 31, 2024.

- Our exemplary asset management skills and consistent risk-adjusted performance are backed by 30 years of strong research and expert fund management.

Parent Companies:

- The Aditya Birla Group is the 3rd largest business conglomerate in India, with gross revenue in excess of $41 billion.

- Sun Life, on the other hand, is one of the largest life insurance providers in the world, with investment management as their other area of expertise. It ranks 236th on the Fortune 500 list.

The AMC has been operational since 1994 and has established itself as a trusted name in the Indian mutual fund industry with a comprehensive range of investment solutions.

Should I Invest in Aditya Birla Sun Life Overnight Fund?

This fund is suitable for investors who:

Ideal Investors:

- Need to park surplus funds for very short periods (1 day to 1 year)

- Seek better returns than traditional savings accounts with minimal risk

- Require high liquidity and daily redemption facility

- Want to maintain capital safety while earning reasonable returns

- Are looking for a temporary investment avenue before making long-term investments

Key Considerations:

- Minimum Lumpsum Investment is ₹500.

- The fund does not offer SIP facility as it's designed for short-term parking of funds

- Returns may be lower compared to other debt fund categories due to the ultra-short investment horizon

- As Aditya Birla Sun Life Overnight Fund is meant for a very short-term investing duration, it does not offer SIP route of investing which is preferred for longer investing durations.

This fund serves as an excellent cash management tool for individuals and corporations looking to optimize their idle cash while maintaining complete liquidity.

FAQs

What is today's NAV of Aditya Birla Sun Life Overnight Fund?

The NAV changes daily based on market conditions. You can check the current NAV on Allvest or the official AMC website.

What is the AUM of Aditya Birla Sun Life Overnight Fund?

It has an AUM of ₹9,297.91 Crores and the latest NAV decalared is ₹1408.388 as on 08 Aug 2025 at 12:16 pm.

What is the expense ratio of Aditya Birla Sun Life Overnight Fund?

The expense ratio of Aditya Birla Sun Life Overnight Fund - Direct Plan is 0.08. Regular plan has a slightly higher expense ratio.

What are the returns of Aditya Birla Sun Life Overnight Fund since inception?

It has delivered 5.02% returns since inception. The fund focuses on capital preservation with reasonable returns.

What is the minimum SIP amount to invest in Aditya Birla Sun Life Overnight Fund?

This fund does not offer SIP facility as it's designed for short-term lump sum investments with daily liquidity.

How do I invest in Aditya Birla Sun Life Overnight Fund?

You can invest through Allvest platform, AMC's website, or other registered distributors. Complete your KYC and start investing with just ₹500.

How to start a SIP in Aditya Birla Sun Life Overnight Fund?

SIP is not available for this fund as it's designed for short-term parking of funds. Consider lump sum investments instead.

How do I automate an SIP in Aditya Birla Sun Life Overnight Fund?

Since SIP is not available, you can set up Systematic Transfer Plans (STP) from other schemes into this fund for regular transfers.

How can I withdraw/redeem my investment in Aditya Birla Sun Life Overnight Fund?

You can redeem your investment online through Allvest or AMC's portal. After placing the redemption request, you can expect your investment to land in your bank account within two-three business days.