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Zerodha Overnight Fund
Direct Plan · Growth Option · Zerodha 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 | +0.10% | +0.09% | 16 of 40 |
| 1M | +0.42% | +0.36% | 16 of 39 |
| 3M | +1.25% | +0.96% | 20 of 38 |
| 6M | +2.53% | +2.05% | 20 of 36 |
| YTD | +3.98% | +3.09% | 22 of 40 |
| 1Y | +5.13% | +4.31% | 23 of 36 |
| INCEPTION | +5.24% | — | — |
Ranked among: Debt Scheme - Overnight Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.28% | +1.39% | +1.19% | 100% | 41% |
| 6M | +2.57% | +2.74% | +2.48% | 100% | 41% |
| 1Y | +5.20% | +5.34% | +5.12% | 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%
- Debt2.02%
- Cash97.98%
- 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 Limited | Net Current Assets | 97.89% | — |
| 91 Days Treasury Bill 01-Oct-2026 | SOVERIGN | 1.01% | — |
| 91TB221026 | SOVERIGN | 1.01% | — |
| Net Receivable / Payable | Net Current Assets | 0.09% | — |
Risk Metrics
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -26.23 | — | Poor Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -3.44 | — | Poor Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.78 | — | 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% | +6.15% | +5.84% | +5.19% |
|
Axis Overnight Fund
Direct Plan · Growth Option
|
+5.29% | +6.06% | +5.78% | +5.17% |
|
Kotak Overnight Fund
Direct Plan · Growth
|
+5.27% | +6.04% | +5.76% | +5.16% |
|
Nippon India Overnight Fund
Direct Plan · Growth Option
|
+5.27% | +6.05% | +5.77% | +5.20% |
|
JioBlackRock Overnight Fund
Direct Plan · Growth Option
|
+5.27% | — | — | +5.31% |
|
Mirae Asset Overnight Fund
Direct Plan · Growth
|
+5.26% | +6.04% | +5.77% | +5.13% |
|
HSBC Overnight Fund
Direct Plan · Growth
|
+5.26% | +6.03% | +5.76% | +5.13% |
|
Mahindra Manulife Overnight Fund
Direct Plan · Daily IDCW
|
+5.24% | +6.02% | +7.26% | +5.13% |
|
360 ONE Overnight Fund
Regular Plan · GROWTH Option
|
+5.22% | — | — | +5.27% |
|
Baroda BNP Paribas Overnight Fund
Regular Plan · Growth Option
|
+5.21% | +5.96% | +5.68% | +5.07% |
More From Zerodha Asset Management Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Zerodha Silver ETF FoF
Direct Plan · Growth Option
|
+25.71% | — | — | +63.10% |
|
Zerodha Silver ETF
Direct Plan
|
+18.00% | — | — | +59.06% |
|
Zerodha Gold ETF
Direct Plan
|
+14.50% | — | — | +36.87% |
|
Zerodha Gold ETF FoF
Direct Plan · Growth Option
|
+14.31% | — | — | +39.42% |
|
Zerodha Nifty Smallcap 100 ETF
Direct Plan
|
+6.27% | — | — | +6.47% |
|
Zerodha Nifty 1D Rate Liquid ETF
Direct Plan · Growth Option
|
+4.95% | — | — | +5.65% |
|
Zerodha Multi Asset Passive FoF
Direct Plan · Growth Option
|
+1.71% | — | — | +8.41% |
|
Zerodha Nifty 8-13 Yr G-Sec ETF
Direct Plan
|
+0.85% | — | — | +1.72% |
|
Zerodha Nifty Midcap 150 ETF
Direct Plan
|
+0.37% | — | — | +2.93% |
|
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Direct Plan · Growth Option
|
-3.25% | — | — | +11.41% |
About This Scheme
Investment Objective
The investment objective of the Scheme is to generate returns commensurate with low risk and providing high level of liquidity, through investments made in debt and money market securities having maturity of 1 business day including TREPS (Tri-Party Repo). There is no assurance or guarantee that the investment objective of the scheme would be achieved.
Stated Asset Allocation
Overnight securities or debt / money market instrument maturing on or before the next business day - Upto 100%
Exit Load
Nil
Fund Managers
Kedarnath Mirajkar
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.