Which funds are similar to Aditya Birla Sun Life Overnight Fund Direct-Growth?
Funds similar to Aditya Birla Sun Life Overnight Fund Direct-Growth in the Debt: Overnight category include SBI Overnight Fund Direct-Growth, ICICI Prudential Overnight Fund Direct-Growth, and HDFC Overnight Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Aditya Birla Sun Life Overnight Fund Direct-Growth in its category?
On a 3-year return basis Aditya Birla Sun Life Overnight Fund Direct-Growth is ranked 16 out of 33 funds in the Debt: Overnight category as of 6 Sep 2026. On a 5-year return basis it ranks 11 out of 27. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Aditya Birla Sun Life Overnight Fund Direct-Growth's expense ratio compare to similar funds?
Aditya Birla Sun Life Overnight Fund Direct-Growth has an expense ratio of 0.09%. The peers SBI Overnight Fund Direct-Growth has an expense ratio of 0.09% and ICICI Prudential Overnight Fund Direct-Growth has 0.09%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Aditya Birla Sun Life Overnight Fund Direct-Growth's AUM compare to similar funds?
Aditya Birla Sun Life Overnight Fund Direct-Growth has an AUM of ₹10,464 crore. The peers SBI Overnight Fund Direct-Growth has an AUM of ₹23,407.1 crore and ICICI Prudential Overnight Fund Direct-Growth has ₹14,368.2 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Overnight?
The top performing fund in the Debt: Overnight category on a 3-year basis is Bank of India Overnight Fund Direct-Growth with a CAGR of 6.23% as of 6 Sep 2026. Aditya Birla Sun Life Overnight Fund Direct-Growth has delivered 6.09% CAGR over the same period, ranking 16 out of 33 funds. You can view and compare the full category ranking on sharpely.
How does Aditya Birla Sun Life Overnight Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Aditya Birla Sun Life Overnight Fund Direct-Growth has a Sharpe ratio of 1.24 compared to the Debt: Overnight average of 1.12 as of 6 Sep 2026. It ranks 17 out of 33 funds in its category on Sharpe ratio.
