GMP IPO Watch
NJ Overnight Fund
Direct Plan · Growth Option · NJ 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 | +0.11% | +0.09% | 5 of 40 |
| 1M | +0.47% | +0.40% | 14 of 40 |
| 3M | +1.30% | +1.12% | 25 of 38 |
| 6M | +2.61% | +2.09% | 22 of 36 |
| YTD | +4.35% | +3.34% | 25 of 40 |
| 1Y | +5.21% | +4.33% | 26 of 36 |
| 2Y | +5.58% | +4.64% | 25 of 33 |
| 3Y | +5.94% | +5.00% | 25 of 33 |
| INCEPTION | +6.05% | — | — |
Ranked among: Debt Scheme - Overnight Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.49% | +1.73% | +1.21% | 100% | 41% |
| 6M | +3.02% | +3.41% | +2.52% | 100% | 41% |
| 1Y | +6.20% | +6.79% | +5.18% | 100% | 42% |
| 2Y | +6.30% | +6.67% | +5.58% | 100% | 42% |
| 3Y | +6.24% | +6.41% | +5.95% | 100% | 42% |
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) |
|---|---|---|---|
| Clearing Corporation of India Ltd | Net Current Assets | 99.38% | — |
| Net Receivables / (Payables) | Net Current Assets | 0.62% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.07 | 0.23 | Low Volatility |
| 3Y | 0.09 | 0.20 | Low 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 | -6.18 | -15.71 | Above Average |
| 3Y | 1.03 | -5.07 | Above 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: 5.73% (published 2026-10-28).
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.19 | — | Poor Risk Adjusted Returns |
| 3Y | 1.08 | — | 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
|
+5.30% | +6.04% | +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
|
+5.27% | +6.01% | +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 NJ Asset Management Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
NJ Arbitrage Fund
Direct Plan · Growth Option
|
+6.32% | +6.80% | — | +6.84% |
|
NJ Balanced Advantage Fund
Direct Plan · IDCW Payout Option
|
+1.33% | +8.11% | +7.63% | +7.62% |
|
NJ Flexi Cap Fund
Direct Plan · IDCW Payout Option
|
-1.75% | +9.47% | — | +9.65% |
|
NJ ELSS Tax Saver Fund
Direct Plan · IDCW Payout Option
|
-2.72% | +8.67% | — | +11.10% |
|
NJ Value Fund
Regular Plan · Growth Option
|
— | — | — | -24.39% |
|
NJ Momentum Fund
Direct Plan · IDCW Payout Option
|
— | — | — | -7.60% |
About This Scheme
Investment Objective
The investment objective of the scheme is to seek to generate returns commensurate with risk of investments in overnight instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Stated Asset Allocation
Instruments Indicative allocations (% of total assets) Overnight Securities*: Minimum 0% - Maximum 100% Risk Profile – Low *TREPS, Government Repo / Reverse Repo (in Government Securities), Treasury bills, Government securities (Issued by both Central and State governments) and any other like instruments as specified by the Reserve Bank of India from time to time and approved by SEBI from time to time having maturity of 1 day. Please refer SID for Further details
Exit Load
Nil
Fund Managers
Mr. Viral Shah
Primary
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.