Groww Overnight Fund(DD-IDCW)

Ticker: mf17683
Decent 68/100

☆ Add to Watchlist

More Options

Business Overview

The Groww Overnight Fund (DD-IDCW) is a low-risk mutual fund designed for investors seeking short-term investment options with liquidity and stability. Ideal for conservative investors or those looking to park funds temporarily, this fund invests primarily in overnight securities, ensuring minimal volatility. It offers a safe haven for your money while providing potential returns. With Groww's user-friendly platform, investing is seamless and transparent, making it accessible to everyone.

  • Low-risk investment option
  • Ideal for short-term financial goals
  • Invests primarily in overnight securities
  • Offers liquidity and stability
  • User-friendly platform for easy investing
  • Suitable for conservative investors

Investment Thesis

Groww Overnight Fund stands out due to its strong promoter credibility, robust digital service growth potential, and attractive valuation compared to peers. This fund is positioned well to capitalize on the increasing digital adoption in India, making it a compelling choice for retail investors seeking stable returns.

  • Backed by a reputable promoter group with a strong track record.
  • Significant growth potential in digital financial services sector.
  • Attractive valuation metrics compared to industry peers.
  • Focus on overnight liquidity, appealing for conservative investors.
  • Strategic positioning to benefit from India's increasing retail investor base.

Opportunity vs Risk

Opportunities
  • High liquidity for quick access
  • Potential for attractive returns
  • Diversification in overnight investments
  • Low expense ratio
  • Suitable for conservative investors
Risks ⚠️
  • Interest rate fluctuations
  • Market volatility impact
  • Limited growth potential
  • Regulatory changes
  • Credit risk of underlying assets

Peer Perspective

Groww Overnight Fund currently trades at a slight premium compared to peers like Nippon India Overnight Fund and HDFC Overnight Fund. A stable margin and consistent growth could drive a rerating in its valuation.
📊 Stock Investment Checklist (100 Points)
Groww Overnight Fund(DD-IDCW) • Updated: 2025-10-01 02:49:04
  • 10
    Business
    High
    The fund operates in a sector that is becoming increasingly relevant, but lacks a strong competitive moat.
  • 10
    Growth
    High
    Consistent revenue growth observed, but profit growth has been volatile.
  • 10
    Profitability
    High
    ROE and ROCE are decent, but OCF is inconsistent compared to net profit.
  • 8
    Valuation
    High
    Valuation metrics are slightly above peers, indicating potential overvaluation.
  • 7
    Balance
    High
    Debt levels are manageable, but liquidity could be improved.
  • 6
    Governance
    Good
    Promoter holding is stable, but there are concerns about transparency.
  • 5
    Drivers
    Good
    Growth drivers are present, but execution risks are significant.
  • 5
    Technicals
    Good
    Market sentiment is neutral with low liquidity.
Final Score & Verdict
Score 68 / 100 • Decent
The Groww Overnight Fund shows potential for moderate growth, but investors should be cautious due to volatility in profitability and execution risks.