The scheme seeks to generate income by investing in debt, money market instruments, cash and cash equivalents with overnight maturity /maturing in one business day.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Kumaresh Ramakrishnan
Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).
Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, DWS AMC, Societe Generale and CARE.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Sundaram Overnight Fund is ₹1,450.17 as of 2026-08-28.
Sundaram Overnight Fund is classified as a Overnight fund.
The Assets Under Management (AUM) of Sundaram Overnight Fund is ₹1,896.05 Cr.
The expense ratio of Sundaram Overnight Fund is 0.17%.
Sundaram Overnight Fund is managed by Kumaresh Ramakrishnan.
The minimum SIP investment for Sundaram Overnight Fund is ₹100.
As per the SEBI Riskometer, Sundaram Overnight Fund carries a Low risk level.
Sundaram Overnight Fund has delivered 5.17% (1Y), 5.98% (3Y) and 5.57% (5Y) annualised returns as of 2026-08-28.
Sundaram Overnight Fund was launched on 1996-02-26.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.