Samco Overnight Fund is a debt mutual fund offering high liquidity and low-risk investment option with reasonable returns through overnight securities for conservative investors seeking capital preservation.

Samco Overnight Fund: Low Risk Debt Mutual Fund Investment Guide

Investment Objective and Approach

The investment objective of the Scheme is to provide reasonable returns commensurate with very low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/ residual maturity of 1 day. Samco Overnight Fund is a debt fund that will invest primarily in Overnight Securities including Tri-party repo (TREPS) where the underlying collateral is government securities and treasury bills.

The fund follows a conservative investment approach by focusing on:

- Ultra-short-term instruments: The scheme aims to provide moderate returns at very low risk with maturity of 1 business day.

- Government-backed securities: Primary investments in TREPS with government securities as collateral

- High liquidity: Designed for investors seeking easy exit options

- Capital preservation: Minimal interest rate and credit risk exposure

This product is suitable for investors who are seeking regular income with high levels of safety and liquidity over short term. The fund is benchmarked against the CRISIL Overnight Index.

Fund Managers

The Samco Overnight Fund is managed by experienced professionals with strong backgrounds in research and investment management:

Dhawal Ghanshyam Dhanani - Current Fund Manager of Samco Overnight Fund Direct Growth fund. Mr. Dhawal Dhanani is a B.Com., C.A. He started as an equity research analyst at Samco Securities Ltd. He has over 5 years of work experience with more than 2 years capital markets and investment research. Mr. Dhawal G Dhanani has over five years of work experience - including more than two years in capital markets and investment research and is known for his in-depth investigation of various Indian firms' business models and computational crux. His multidisciplinary approach and working knowledge of fundamentals have contributed to achieving the primary goal of helping long-term investors through smart suggestions.

Umeshkumar Mehta - Managed by Dhawal Ghanshyam Dhanani and Umeshkumar Mehta, though specific details about his background are limited in available information.

The fund management team brings analytical expertise and experience in capital markets research to ensure prudent investment decisions.

About the Fund House (AMC)

Samco Asset Management Company is backed by Samco Securities Limited, which has established itself as a significant player in the wealth technology space. Here are key highlights about the AMC:

Company Background:

- The Samco Group made its debut in the capital markets in 1993 as Samruddhi Stock Brokers Limited, and in 2015, under the leadership of Jimeet Modi, Group CEO, it was rebranded as Samco Securities.

- It is one of the most profitable discount brokers, with more than 2.5 lakh customers. The company is headquartered in Mumbai, India.

Financial Strength:

- Net worth of the company has increased by 83.47% since the last financial year, and total assets have increased by 83.89%.

- Samco Mutual Fund AMC is also supported by a healthy net worth of Rs. 978 Crores.

- The company also has 5000+ partners in 100+ metro and non-metro cities and serves 1,00,000+ in India.

Business Operations:

- The Samco Group is engaged in various sectors such as mutual fund distribution, stock broking, asset management, capital market lending, and advisory services.

- Samco Asset Management Company stands out as the first AMC in India to voluntarily disclose daily active shares, demonstrating its commitment to active asset management.

Investment Philosophy:

- Samco MF is dedicated to offering products aimed at delivering superior risk-adjusted returns over the long term.

- Samco Mutual Fund focuses on offering sophisticated financial technology for wealth growth at lower costs. Samco works with a mission to offer its retail investors entrance to refined financial technology, which can help them grow wealth at a lower price.

Should I Invest in Samco Overnight Fund?

Samco Overnight Fund may be suitable for you if you are:

Ideal For:

- Conservative investors seeking capital preservation with minimal risk

- Short-term investors who need high liquidity and easy exit options

- Emergency fund parking where you need immediate access to funds

- Portfolio diversification as a low-risk component in your investment mix

- Risk-averse investors who prefer government-backed securities

Key Considerations:

- The AUM (i.e. assets under management) of Samco Overnight Fund is ₹40.50 Cr as of 21st August 2025.

- The expense ratio of Samco Overnight Fund Plan is 0.13 as of 21st August 2025.

- Minimum Investment Amount: Lump sum minimum amount for Samco Overnight Fund is ₹5,000 and for SIP, it is ₹250.

- The fund does not impose any exit load, allowing investors to redeem their units without any penalty.

Performance Metrics:

- The volatility or standard deviation for the Samco Overnight Fund is 0.03 - a lower standard deviation implies lower volatility and a more stable performance.

- The Samco Overnight Fund was launched on 12th October 2022.

Risk Profile:

The fund carries very low risk due to its investment strategy in overnight securities with government backing, making it suitable for investors who prioritize capital safety over high returns.

FAQs

What is today's NAV of Samco Overnight Fund?

The current NAV of Samco Overnight Fund is ₹1193.71, as of 21st August 2025. NAV values change daily based on market conditions.

What is the AUM of Samco Overnight Fund?

The AUM (i.e. assets under management) of Samco Overnight Fund is ₹40.50 Cr as of 21st August 2025.

What is the expense ratio of Samco Overnight Fund?

The expense ratio of Samco Overnight Fund Plan is 0.13 as of 21st August 2025. This is quite competitive for debt funds.

What are the returns of Samco Overnight Fund since inception?

The fund has delivered stable returns consistent with overnight fund category expectations, though specific inception returns vary based on market conditions since its launch in October 2022.

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

For SIP, it is ₹250. The lump sum minimum investment is ₹5,000.

How do I invest in Samco Overnight Fund?

You can invest through Allvest by completing KYC documentation, selecting the investment amount, and choosing between lump sum or SIP options through our online platform.

How to start a SIP in Samco Overnight Fund?

Through Allvest, you can start a SIP by selecting the monthly investment amount (minimum ₹250), choosing your preferred date, and setting up automatic deductions from your bank account.

How do I automate an SIP in Samco Overnight Fund?

Allvest provides automated SIP facilities where you can set up recurring investments at regular intervals without manual intervention, ensuring consistent contributions to your portfolio.

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

You can redeem your investment through Allvest's platform by placing a redemption request. Since this is an overnight fund with high liquidity, redemptions are processed quickly, typically within 1-2 business days.