Invest in Navi Overnight Fund
Invests in low-risk debt instruments that can be redeemed in a day
Navi Overnight Fund
An open-ended debt scheme investing in securities with overnight securities. A relatively lowinterest rate risk and relatively low credit risk.
The fund invests in low-risk debt instruments and the investor can redeem their investments in 1 business day. It has the lowest expense ratio, and the minimum investment amount is Rs.10. The NFO is open from 11th - 14th July 2023.
What's so special?
The fund invests in debt instruments making it a low-credit risk and interest risk investment that’s suitable for all types of investors.
Provides an opportunity for investors to experience low-cost investing, because we believe it's your money and you should get the most benefit out of it!
Park your surplus money other than your savings bank account to generate relatively better returns, subject to market risk. You can also start STP to invest in other Navi funds.
What's so special?
The fund invests in debt instruments making it a low-credit risk and interest risk investment that’s suitable for all types of investors.
Provides an opportunity for investors to experience low-cost investing, because we believe it's your money and you should get the most benefit out of it!
Park your surplus money other than your savings bank account to generate relatively better returns, subject to market risk. You can also start STP to invest in other Navi funds.
Who should Invest?
Good investment option for investors with short-term goals, because the maturity period is 1 business day.
This fund invests in debt instruments making it suitable for low-risk appetite investors.
Investors who have surplus cash and want to generate a relatively better return compared to a savings bank account, subject to market risk.
Benefits of investing in Navi Overnight Fund
Lowest Fee
We intend to have the lowest expense ratio compared to any index fund.
Short-term Investment
Take a step towards your short-term investment goals by leveraging the fund’s high liquidity.
Low Capital Requirement
Start investing with a minimum capital requirement of just Rs.10
Asset Allocation*
| Instruments | Indicative Allocation | Risk Profile | |
|---|---|---|---|
| Minimum | Maximum | Low/ Medium/ High | |
| Debt & Money Market Instruments with Overnight Maturity | 0% | 100% | Low |
*Refer Scheme Information document for complete details.
Mr. Tanmay Sethi
Fund Manager of all Debt Schemes of Navi AMC Limited.
5 years of post-qualification experience in Mutual Fund Industry. Prior to joining Navi, he worked with HDFC Mutual Fund.
5 years of post-qualification experience in Mutual Fund Industry. Prior to joining Navi, he worked with HDFC Mutual Fund.
Risk Assessment
This product is suitable for investors who are seeking*
- Regular Income over short term that may be in line with the overnight call rates
- To generate returns by investing in debt and money market instruments with overnight maturity
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Potential Risk Class
| Credit Risk |  | Relatively Low (Class A) | Moderate (Class B) | Relatively High (Class C) |
|---|---|---|---|---|
| Interest Rate Risk |  | |||
| Relatively Low (Class I) | Class A-I | |||
| Moderate (Class II) | ||||
| Relatively High (Class III) | ||||
A‐I : A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk.
Frequently Asked Questions
What are Overnight Funds?
Overnight funds are open-ended debt funds with a maturity period of one business day. These funds invest in short-term debt and money market instruments and are highly liquid (easily cashable).
Which benchmark index does Navi Overnight Fund follow?
Navi Overnight Fund tracks CRISIL Liquid Overnight Index.
Who should invest in the Navi Overnight Fund?
1. Investors with a short-term investment horizon.
2. Investors with low-risk appetite.
3. Investors who have surplus cash and want to generate a relatively better return compared to a savings bank account, subject to market risk.
2. Investors with low-risk appetite.
3. Investors who have surplus cash and want to generate a relatively better return compared to a savings bank account, subject to market risk.
What is the minimum investment in the fund?
Investors can invest under the scheme with a minimum investment of ₹10.
How to invest in Navi Overnight Fund?
You can start investing in Navi Overnight Fund on the Navi app available on the Playstore or Appstore.
What is the duration of Navi Overnight Fund NFO?
Navi Overnight Fund NFO duration is from 11th July to 14th July 2023.
When can I Invest?
You can invest on all days. In case you invest on a non-business day (Sundays,
Indian Public Holidays
), next business day's NAV will be allotted.
How can I invest?
You can invest with Navi Mutual Fund using the Navi App. It is available on Play Store and App Store. In case you wish to invest through a website, you can do the same by visiting
https://mycams.camsonline.com/
.
Company
Important Links
Knowledge Centre
Navi Mutual Fund is registered with the Securities & Exchange Board of India (SEBI) with Anmol Como Broking Private Limited as its Sponsor. Navi AMC Limited is the Investment Manager to Navi Mutual Fund. Navi Trustee Limited is the trustee to Navi AMC Limited. In addition to Navi AMC, Navi offers a range of financial services and products such as Cash Loans, Housing Loans and General Insurance. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Registered Office Address: Vaishnavi Tech Square, 7th Floor, Iballur Village, Taluk, Bagalur, Begur, Hobli, Bengaluru, Karnataka 560102
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
Disclaimer(ELSS Fund): *This tax saving is for illustrative purpose only. The same has been arrived at for an individual in the 30% Income Tax Bracket with a maximum investment of Rs. 1.5 lakh. Investments made in an ELSS fund are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Please contact your financial and tax advisors to know more.
Registered Office Address: Vaishnavi Tech Square, 7th Floor, Iballur Village, Taluk, Bagalur, Begur, Hobli, Bengaluru, Karnataka 560102
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
Disclaimer(ELSS Fund): *This tax saving is for illustrative purpose only. The same has been arrived at for an individual in the 30% Income Tax Bracket with a maximum investment of Rs. 1.5 lakh. Investments made in an ELSS fund are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Please contact your financial and tax advisors to know more.
All information is subject to specific conditions | © 2024 Navi Technologies Ltd. All rights are reserved.