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Quant Overnight Fund - Latest NAV, Returns, Investment Objective & Portfolio Analysis 2024

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Invest in Quant Overnight Fund with latest NAV ₹11.79, low expense ratio of 0.14%, and competitive returns. Complete analysis of fund objective, fund manager details, and investment strategy.

Investment Objective and Approach

Quant Overnight Fund Direct Growth is a debt fund that was started on 5 December, 2022 and is managed by Sanjeev Sharma. This fund is suitable to keep your money safe. The fund operates as an overnight mutual fund, which primarily invests in overnight securities and money market instruments with maturity of up to one day.

Quant Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent. The fund follows a conservative investment approach, focusing on highly liquid, short-term instruments to provide capital preservation with modest returns. This makes it an ideal parking option for surplus funds with minimal interest rate risk and credit risk exposure.

Key Investment Features:

- Minimum Investment Amount: Lump sum minimum amount for Quant Overnight Fund is ₹5,000 and for SIP, it is ₹1,000

- The expense ratio of Quant Overnight Fund Plan is 0.14 as of 23rd May 2025

- The AUM (i.e. assets under management) of Quant Overnight Fund is ₹181.63 Cr as of 23rd May 2025

- Quant Overnight Fund Direct Growth has given a CAGR return of 6.89% since inception and over the last 1 year the fund has given a CAGR return of 6.58%

Fund Managers

Sanjeev Sharma is the primary fund manager of Quant Overnight Fund. He is currently the Fund Manager of Equity at Quant Mutual Fund and has over 2 decades of experience in equity markets, wealth and asset management services, fixed income products, corporate banking. He is also a noted expert in Financial Risk and Risk Management.

Professional Background:

- He has had an 11-year long association with Quant Mutual Fund

- He is an alumnus of Symbiosis Institute of Pune and is a Post Graduate in Management Studies

- He has advanced degrees in Forex management and Risk Mitigation from the London Academy of Professional Education

- Sanjeev Sharma did his M.Com from Kurukshetra University. He worked at Cinevistaas Limited, BLS Group of Institutions, Escorts Mutual Fund, Tipsons Financial Services and PACE Group of Companies before joining quant Mutual Fund as a Fund Manager

Sanjeev Sharma, Fund Manager at Quant Mutual Fund, manages 24 schemes with an AUM of ₹46,214 Cr. Experience of around 18 years in Fund Management.

About the Fund House (AMC)

Quant Mutual Fund is a Mumbai-based Asset Management Company with a technology-driven investment approach. It was established in 2017 by quant Capital Finance & Investments Pvt Ltd., a boutique investment firm, founded in 2007. It's investment framework focuses on combining technology with robust research.

Fund House Statistics:

- AUM ₹97,103.96 Cr. No. of Schemes 77

- Specializes in quantitative and systematic investment strategies

- In Indian mutual funds, Quant Fund is being relevant, using active management & dynamic investing

The AMC has gained recognition for its innovative investment methodologies that blend traditional fundamental analysis with advanced quantitative techniques. The fund house manages various categories including equity, debt, and hybrid schemes, catering to diverse investor needs and risk profiles.

Should I Invest in Quant Overnight Fund?

Quant Overnight Fund is suitable for investors seeking:

Ideal For:

- Emergency fund parking with daily liquidity

- Short-term surplus fund management

- Conservative investors prioritizing capital safety

- Portfolio diversification with low-risk debt allocation

- Investors looking for better returns than savings accounts

Key Advantages:

- The volatility or standard deviation for the Quant Overnight Fund is 0.13. Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance

- Minimal credit and interest rate risk

- High liquidity with no exit load

- Professional fund management

- Transparent and regulated investment approach

Considerations:

- Returns may be modest compared to longer-duration debt funds

- Inflation impact on real returns over long periods

- Suitable for short-term goals rather than long-term wealth creation

The fund's low expense ratio and experienced management team make it a competitive option in the overnight fund category.

FAQs

What is today's NAV of Quant Overnight Fund?

Latest NAV for Quant Overnight Fund is at ₹ 11.79, as of 23rd May 2025. NAV is updated daily and reflects the per-unit value of the fund.

What is the AUM of Quant Overnight Fund?

The AUM (i.e. assets under management) of Quant Overnight Fund is ₹181.63 Cr as of 23rd May 2025.

What is the expense ratio of Quant Overnight Fund?

The expense ratio of Quant Overnight Fund Plan is 0.14 as of 23rd May 2025. This is the annual fee charged for fund management.

What are the returns of Quant Overnight Fund since inception?

Quant Overnight Fund Direct Growth has given a CAGR return of 6.89% since inception. This fund was started on 5 December, 2022.

What is the minimum SIP amount to invest in Quant Overnight Fund?

Minimum Investment Amount: Lump sum minimum amount for Quant Overnight Fund is ₹5,000 and for SIP, it is ₹1,000.

How do I invest in Quant Overnight Fund?

You can invest through Allvest platform by selecting the fund, choosing investment amount, and completing KYC verification. Both lump sum and SIP options are available.

How to start a SIP in Quant Overnight Fund?

Start SIP through Allvest by setting up automated monthly investments with minimum ₹1,000. Choose your investment date and bank account for auto-debit facility.

How do I automate an SIP in Quant Overnight Fund?

Set up auto-debit mandate through Allvest platform for seamless monthly investments. Your chosen amount will be automatically invested on the selected date each month.

How can I withdraw/redeem my investment in Quant Overnight Fund?

Redeem through Allvest platform instantly as overnight funds offer same-day liquidity. There's no exit load, and proceeds are typically credited within 1-2 working days.