GMP IPO Watch
Groww Overnight Fund
Direct Plan · Monthly - Income Distribution cum capital withdrawal · Groww Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | -0.35% | +0.09% | 28 of 40 |
| 1M | +0.03% | +0.41% | 8 of 40 |
| 3M | +0.02% | +1.11% | 26 of 38 |
| 6M | -0.39% | +2.09% | 23 of 36 |
| YTD | +0.02% | +3.33% | 20 of 40 |
| 1Y | +0.01% | +4.32% | 20 of 36 |
| 2Y | -0.29% | +4.65% | 17 of 33 |
| 3Y | -0.02% | +5.00% | 15 of 33 |
| 5Y | +0.01% | +4.98% | 19 of 27 |
| 7Y | +0.00% | +4.48% | 17 of 24 |
| INCEPTION | +0.01% | — | — |
Ranked among: Debt Scheme - Overnight Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.00% | +0.56% | -0.60% | 58% | 23% |
| 6M | +0.00% | +0.56% | -0.59% | 55% | 22% |
| 1Y | +0.01% | +0.57% | -0.62% | 56% | 22% |
| 2Y | +0.02% | +0.32% | -0.30% | 56% | 22% |
| 3Y | +0.03% | +0.22% | -0.19% | 71% | 29% |
| 5Y | +0.03% | +0.11% | -0.08% | 99% | 39% |
| 7Y | +0.00% | +0.07% | -0.06% | 47% | 19% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt0.00%
- Cash100.00%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Reverse Repo 01-OCT-26 | Reverse Repo / TREPS | 98.97% | — |
| TREPS 01-OCT-2026 | Reverse Repo / TREPS | 0.73% | — |
| Net Receivable/Payable | Net Current Assets | 0.30% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.21 | 0.24 | High Volatility |
| 3Y | 1.47 | 0.20 | High Volatility |
| 5Y | 1.36 | 0.37 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -37.94 | -17.07 | Below Average |
| 3Y | -29.13 | -5.75 | Below Average |
| 5Y | -33.04 | -3.61 | Below Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.85% (published 2026-10-27).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.01 | -0.01 | Above Average |
| 3Y | 0.00 | 0.23 | Below Average |
| 5Y | 0.01 | 1.28 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.09 | — | Poor Risk Adjusted Returns |
| 3Y | 0.59 | — | Poor Risk Adjusted Returns |
| 5Y | 0.24 | — | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
BANK OF INDIA OVERNIGHT FUND
Regular Plan · Growth
|
+5.47% | +6.13% | +5.87% | +5.19% |
|
Axis Overnight Fund
Direct Plan · Growth Option
|
+5.29% | +6.05% | +5.81% | +5.17% |
|
Kotak Overnight Fund
Direct Plan · Growth
|
+5.28% | +6.02% | +5.78% | +5.17% |
|
Nippon India Overnight Fund
Direct Plan · Growth Option
|
+5.28% | +6.03% | +5.80% | +5.21% |
|
JioBlackRock Overnight Fund
Direct Plan · Growth Option
|
+5.28% | — | — | +5.33% |
|
Canara Robeco Overnight Fund
Direct Plan · GROWTH OPTION
|
+5.27% | +5.95% | +5.72% | +5.07% |
|
Mirae Asset Overnight Fund
Direct Plan · Growth
|
+5.27% | +6.02% | +5.79% | +5.14% |
|
HSBC Overnight Fund
Direct Plan · Growth
|
+5.26% | +6.02% | +5.79% | +5.14% |
|
Mahindra Manulife Overnight Fund
Direct Plan · Daily IDCW
|
+5.25% | +6.00% | +7.29% | +5.14% |
|
360 ONE Overnight Fund
Regular Plan · GROWTH Option
|
+5.23% | — | — | +5.29% |
More From Groww Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Groww Silver ETF FOF
Direct Plan · Growth
|
+17.47% | — | — | +44.91% |
| Groww Silver ETF | +17.38% | — | — | +47.79% |
| Groww Gold ETF | +12.95% | — | — | +29.95% |
|
Groww Gold ETF FOF
Direct Plan · Income Distribution cum capital withdrawal
|
+11.97% | — | — | +30.68% |
|
Groww Multicap Fund
Direct Plan · Growth
|
+11.88% | — | — | +11.22% |
| Groww Nifty India Defence ETF | +9.47% | — | — | +14.52% |
|
Groww Nifty India Defence ETF FOF
Direct Plan · Growth
|
+9.20% | — | — | +14.09% |
|
Groww Liquid Fund
Direct Plan · Growth
|
+6.50% | +6.94% | +6.34% | +6.80% |
|
Groww Short Term Fund
Direct Plan · Growth
|
+5.06% | +7.43% | +6.23% | +7.44% |
| Groww Nifty 1D Rate Liquid ETF | +4.73% | — | — | +5.24% |
About This Scheme
Investment Objective
The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.
Stated Asset Allocation
Overnight securities or debt instruments* maturing on or before the next business day - 0% to 100% *instruments with residual maturity not greater than 1 business day, including money market instruments^, TREPS$ / reverse repo, debt instruments^^, including floating rate instruments, with overnight maturity. ^ Commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity upto one day , call or notice money, certificate of deposit, usance bill and any other like instruments as specified by the Reserve Bank of India from time to time. ^^Debt instruments would include all debt securities issued by entities such as banks, companies, public sector undertakings, municipal corporations, body corporates, central government securities, state development loans and UDAY bonds, recapitalization bonds, municipal bonds and G-Sec repos and any other instruments as permitted by regulators from time to time. $or similar instruments as may be permitted by RBI/SEBI.
Exit Load
NA
Fund Managers
FM 1 - Mr. Kaustubh Sule , FM 2 - Mr. Wilfred Gonsalves
FM 1 - Primary, FM 2 - Comanage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.