Fortis
Fortis Overnight Fund-Institutional Plus Plan-Daily Dividend Option
Category
Liquid
Plan type
Dividend
Structure
Open-ended
AMFI Scheme Code
110914
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 | — | — | — | — | — |
| 1W | — | — | — | — | — |
| 2W | — | — | — | — | — |
| 1M | — | — | — | — | — |
| 3M | — | — | — | — | — |
| 6M | -100.00% | -0.73% | -99.27 | 104 / 105 | Q4 |
| YTD | -100.00% | -1.59% | -98.41 | 100 / 102 | Q4 |
| 1Y | -100.00% | -0.61% | -99.39 | 98 / 100 | Q4 |
| 2Y | -100.00% | -0.86% | -99.14 | 94 / 96 | Q4 |
| 3Y | — | — | — | — | — |
| 4Y | — | — | — | — | — |
| 5Y | — | — | — | — | — |
| 7Y | — | — | — | — | — |
| 10Y | — | — | — | — | — |
| Inception | -100.00% | -1.26% | -98.74 | 107 / 110 | Q4 |
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 | -100.00% | -1.24% | -98.76 | 72 / 73 |
| 2009 | +0.00% | +0.17% | -0.17 | 43 / 75 |
| 2008 | — | — | — | — |
Rolling returns
Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.
1-Year rolling
+0.00%
7 windows
min 0.0% · max 0.0%
0% positive
Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.
3-Year rolling
—
Insufficient history
5-Year rolling
—
Insufficient history
7-Year rolling
—
Insufficient history
Recent NAVs
| Date | NAV |
|---|---|
| 20 Oct 2010 | ₹0.0000 |
| 19 Oct 2010 | ₹0.0000 |
| 18 Oct 2010 | ₹0.0000 |
| 17 Oct 2010 | ₹0.0000 |
| 15 Oct 2010 | ₹0.0000 |
| 14 Oct 2010 | ₹0.0000 |
| 13 Oct 2010 | ₹0.0000 |
| 12 Oct 2010 | ₹0.0000 |
| 11 Oct 2010 | ₹0.0000 |
| 10 Oct 2010 | ₹0.0000 |
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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 Plus Plan-Daily Dividend 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 Plus Plan-Daily Dividend 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 Plus Plan-Daily Dividend Option is managed by Fortis. It's classified by AMFI under the 'Liquid' SEBI category, which determines its peer set and tax treatment.
Over the trailing 1-year window, Fortis Overnight Fund-Institutional Plus Plan-Daily Dividend Option has delivered a absolute return of -100.00% — -99.39 pp behind the Liquid category average of -0.61%. The fund ranks #98 of 100 in its category — the bottom (Q4) quartile.
Fortis Overnight Fund-Institutional Plus Plan-Daily Dividend 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 Plus Plan-Daily Dividend 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 Plus Plan-Daily Dividend 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 Plus Plan-Daily Dividend Option. The fund typically needs 12+ months for a 1-year SIP backtest.
Fortis Overnight Fund-Institutional Plus Plan-Daily Dividend 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 Plus Plan-Daily Dividend 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 Plus Plan-Daily Dividend Option doesn't have a computed drawdown figure yet.
Consistency stats for Fortis Overnight Fund-Institutional Plus Plan-Daily Dividend 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 Plus Plan-Daily Dividend Option returned 0.00% — lagging the Liquid category average of 0.17% by 0.17 pp. It ranked #43 of 75 in its category that year.
Fortis Overnight Fund-Institutional Plus Plan-Daily Dividend 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 Plus Plan-Daily Dividend 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.