Monarch Overnight Fund Direct-Growth
Debt: Overnight - Growth (Open ended)
SEBI Riskometer: LowCategory: Debt: OvernightBenchmark: CRISIL Liquid Overnight IndexCheck Portfolio Overlap →
NAV: ₹1,001.86+0.01%
21 Sept 2026
1 Week returns: 0.09 %
Category rank: 38/40
1 Month returns: -
Category rank: -
1 Year CAGR: -
Category rank: -
3 Years CAGR: -
Category rank: -
5 Years CAGR: -
Category rank: -
Key Talking Points
Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Not enough talking points with positive stance
Negative
Relatively high expense ratio
Expense ratio of the scheme (0.17%) is higher than average expense ratio of the category (0.15%), excluding index funds and ETFs
This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
Neutral
Not enough performance data
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
Scheme Overview
The scheme seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.
Plan Variants
Monarch Overnight Fund Direct-IDCW Daily
Plan
IDCW Daily
Payout
Daily
Monarch Overnight Fund Direct-IDCW Monthly
Plan
IDCW Monthly
Payout
Monthly
Fund Managers
Key Scheme Details
Inception
9 Sep 2026
Expense Ratio
0.17%
AUM
-
Lock in
No lock in
Taxation
Debt
Min. Investment
₹5,000
Min. Addl Investment
-
Min. SIP Investment
₹1,000
Exit load
-
AMC Overview
Monarch Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.
AMC Details
AMC
Monarch Mutual Fund
CEO
Vaibhav J. Shah(Managing Director and Chief Executive Officer)
CIO
Amit Jain(Chief Investment Officer)
IRO
Nayana Satyen Parab
Trustee
Monarch Networth Trustee Private Limited
Website
Address
804, Naman Centre,, G- Block, Bandra Kurla Complex,, Mumbai, Mumbai
Frequently Asked Questions
What is the current NAV of Monarch Overnight Fund Direct-Growth?
The current NAV of Monarch Overnight Fund Direct-Growth is ₹1001.86 as of 20 Sep 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of Monarch Overnight Fund Direct-Growth?
The AUM (Assets Under Management) of Monarch Overnight Fund Direct-Growth is -. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of Monarch Overnight Fund Direct-Growth?
The expense ratio of Monarch Overnight Fund Direct-Growth is 0.17% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of Monarch Overnight Fund Direct-Growth?
Monarch Overnight Fund Direct-Growth is managed by Sanjay Motta. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of Monarch Overnight Fund Direct-Growth?
The benchmark of Monarch Overnight Fund Direct-Growth is CRISIL Liquid Overnight Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was Monarch Overnight Fund Direct-Growth launched?
Monarch Overnight Fund Direct-Growth was launched on 9 Sep 2026. The fund has been in existence for 0 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in Monarch Overnight Fund Direct-Growth?
The minimum investment in Monarch Overnight Fund Direct-Growth is ₹5,000 for a lump sum and ₹1,000 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on Monarch Overnight Fund Direct-Growth?
The exit load on Monarch Overnight Fund Direct-Growth is shown in the Scheme Overview section above. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does Monarch Overnight Fund Direct-Growth belong to?
Monarch Overnight Fund Direct-Growth belongs to the Debt: Overnight category. You can view other funds in this category.