Fortis
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option
Category
Liquid
Plan type
Dividend
Structure
Open-ended
AMFI Scheme Code
110919
ISIN (Growth)
—
ISIN (Dividend)
—
Returns matrix
Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).
| Window | Fund | Category avg | +/− vs avg | Rank | Quartile |
|---|---|---|---|---|---|
| 1D | +0.02% | +0.34% | -0.32 | 34 / 110 | Q2 |
| 1W | +0.13% | +0.31% | -0.18 | 23 / 107 | Q1 |
| 2W | +0.26% | +0.36% | -0.10 | 23 / 106 | Q1 |
| 1M | +0.07% | +0.37% | -0.30 | 40 / 106 | Q2 |
| 3M | +0.09% | +0.70% | -0.61 | 37 / 105 | Q2 |
| 6M | +0.29% | -0.73% | +1.02 | 35 / 105 | Q2 |
| YTD | — | — | — | — | — |
| 1Y | — | — | — | — | — |
| 2Y | +0.00% | -0.86% | +0.86 | 52 / 96 | Q3 |
| 3Y | — | — | — | — | — |
| 4Y | — | — | — | — | — |
| 5Y | — | — | — | — | — |
| 7Y | — | — | — | — | — |
| 10Y | — | — | — | — | — |
| Inception | +0.00% | -1.26% | +1.26 | 68 / 110 | Q3 |
Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%
Calendar-year returns
Full-year performance vs category average. Current year is partial (year-to-date).
| Year | Fund | Category avg | +/− vs avg | Rank |
|---|---|---|---|---|
| 2010 YTD | — | — | — | — |
| 2009 | -100.00% | +0.17% | -100.17 | 75 / 75 |
| 2008 | — | — | — | — |
Recent NAVs
| Date | NAV |
|---|---|
| 20 Oct 2010 | ₹10.0400 |
| 19 Oct 2010 | ₹10.0380 |
| 18 Oct 2010 | ₹10.0360 |
| 17 Oct 2010 | ₹10.0342 |
| 15 Oct 2010 | ₹10.0305 |
| 14 Oct 2010 | ₹10.0287 |
| 13 Oct 2010 | ₹10.0268 |
| 12 Oct 2010 | ₹10.0250 |
| 11 Oct 2010 | ₹10.0231 |
| 10 Oct 2010 | ₹10.0212 |
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Frequently asked questions
These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option is a Liquid from Fortis (Institutional plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option has NAV history starting from 10 Nov 2008, a track record of about 17 years 7 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option is managed by Fortis. It's classified by AMFI under the 'Liquid' SEBI category, which determines its peer set and tax treatment.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option doesn't have a complete 1-year window yet (we need at least 1 year of NAVs). Check the shorter-window returns above.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option doesn't have a complete 3-year window yet (we need at least 3 year of NAVs). Check the shorter-window returns above.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option doesn't yet have a 3-year CAGR on file, so a ₹1 lakh growth projection isn't reliable.
We don't have enough NAV history yet to simulate a SIP on Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option. The fund typically needs 12+ months for a 1-year SIP backtest.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option doesn't have enough SIP-backtest history yet. Check the 1-year SIP simulation above as soon as it has 12+ months of NAVs.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option doesn't yet have a peer rank on file — typically because its category set is too small or it lacks the required NAV history. Compare manually using the returns table above.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option doesn't have a computed drawdown figure yet.
Consistency stats for Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option need at least 3 years of NAVs to compute. They'll populate automatically once the fund has enough history.
In calendar year 2009, Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option returned -100.00% — lagging the Liquid category average of 0.17% by 100.17 pp. It ranked #75 of 75 in its category that year.
Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.
We don't give personal investment advice. Fortis Overnight Fund-Institutional Plan-Monthly Dividend Payout Option is suitable for an investor whose:
- time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
- primary goal is capital preservation or steady accrual, not high growth
- tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.