Best Overnight Mutual Funds Review Summary

  1. Bank of India Overnight Fund

    In the Overnight Fund category, Bank of India Overnight Fund is the top ranked fund. The category has total 27 funds. The Bank of India Overnight Fund has shown an excellent past performence in Overnight Fund. The fund has a Sharpe Ratio of 3.57 which is higher than the category average of 2.78. Read Full Review

  2. Axis Overnight Fund

    In the Overnight Fund category, Axis Overnight Fund is the second ranked fund. The category has total 27 funds. The Axis Overnight Fund has shown an excellent past performence in Overnight Fund. The fund has a Sharpe Ratio of 3.26 which is higher than the category average of 2.78. Read Full Review

  3. Uti Overnight Fund

    Uti Overnight Fund is the third ranked fund in the Overnight Fund category. The category has total 27 funds. The 5 star rating shows an excellent past performance of the Uti Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 3.05 which is higher than the category average of 2.78. Read Full Review

  4. Pgim India Overnight Fund

    Pgim India Overnight Fund is the 4th ranked fund in the Overnight Fund category. The category has total 27 funds. The 5 star rating shows an excellent past performance of the Pgim India Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 2.98 which is higher than the category average of 2.78. Read Full Review

  5. Invesco India Overnight Fund

    Invesco India Overnight Fund is the 5th ranked fund in the Overnight Fund category. The category has total 27 funds. The 5 star rating shows an excellent past performance of the Invesco India Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 2.99 which is higher than the category average of 2.78. Read Full Review

  6. Baroda BNP Paribas Overnight Fund

    Baroda BNP Paribas Overnight Fund is the 6th ranked fund in the Overnight Fund category. The category has total 27 funds. The Baroda BNP Paribas Overnight Fund has shown an excellent past performence in Overnight Fund. The fund has a Sharpe Ratio of 3.01 which is higher than the category average of 2.78. Read Full Review

  7. Nippon India Overnight Fund

    Nippon India Overnight Fund is the 7th ranked fund in the Overnight Fund category. The category has total 27 funds. The Nippon India Overnight Fund has shown a very good past performence in Overnight Fund. The fund has a Sharpe Ratio of 2.96 which is higher than the category average of 2.78. Read Full Review

  8. Dsp Overnight Fund

    In the Overnight Fund category, Dsp Overnight Fund is the 8th ranked fund. The category has total 27 funds. The 4 star rating shows a very good past performance of the Dsp Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 2.91 which is higher than the category average of 2.78. Read Full Review

  9. Mirae Asset Overnight Fund

    Mirae Asset Overnight Fund is the 9th ranked fund in the Overnight Fund category. The category has total 27 funds. The 4 star rating shows a very good past performance of the Mirae Asset Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 2.86 which is higher than the category average of 2.78. Read Full Review

  10. TRUSTMF Overnight Fund

    In the Overnight Fund category, TRUSTMF Overnight Fund is the 10th ranked fund. The category has total 27 funds. The 4 star rating shows a very good past performance of the TRUSTMF Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 2.82 which is higher than the category average of 2.78. Read Full Review

Fund Name BMSMONEY Rank Rating 1Y (R) 3Y (R) 5Y (R) 7Y (R) 10Y (R) 1Y (D) 3Y (D) 5Y (D) 7Y (D) 10Y (D) Std. Dev. Max Drawdown VaR 1Y 95% Jensen's Alpha Beta Sortino Ratio Sharpe Ratio
1
6.48% 6.50% 5.21% % % 6.51% 6.52% 5.26% % % 0.18% 0.00% 0.00% % 2.37 3.57
2
6.41% 6.42% 5.14% % % 6.46% 6.48% 5.19% % % 0.18% 0.00% 0.00% % 2.03 3.26
3
6.36% 6.39% 5.11% 5.18% 67.49% 6.41% 6.44% 5.16% 5.24% 67.63% 0.18% 0.00% 0.00% % 1.86 3.05
4
6.35% 6.37% 5.11% % % 6.40% 6.43% 5.17% % % 0.18% 0.00% 0.00% % 1.79 2.98
5
6.35% 6.37% 5.09% % % 6.40% 6.43% 5.15% % % 0.18% 0.00% 0.00% % 1.80 2.99
6
6.33% 6.37% 5.10% % % 6.42% 6.45% 5.17% % % 0.18% 0.00% 0.00% % 1.82 3.01
7
6.36% 6.37% 5.08% % % 6.44% 6.46% 5.18% % % 0.18% 0.00% 0.00% % 1.75 2.96
8
6.33% 6.37% 5.09% % % 6.41% 6.45% 5.17% % % 0.18% 0.00% 0.00% % 1.77 2.91
9
6.33% 6.36% 5.10% % % 6.42% 6.46% 5.20% % % 0.18% 0.00% 0.00% % 1.73 2.86
10
6.33% 6.36% % % % 6.38% 6.42% % % % 0.19% 0.00% 0.00% % 1.76 2.82
11
6.33% 6.34% 5.06% % % 6.38% 6.39% 5.11% % % 0.18% 0.00% 0.00% % 1.62 2.80
12
6.29% 6.35% 5.10% % % 6.30% 6.36% 5.11% % % 0.17% 0.00% 0.00% % 1.76 2.95
13
6.33% 6.34% 5.06% % % 6.42% 6.45% 5.16% % % 0.18% 0.00% 0.00% % 1.61 2.74
14
6.31% 6.33% 5.05% % % 6.41% 6.44% 5.16% % % 0.18% 0.00% 0.00% % 1.61 2.79
15
6.31% 6.33% 5.08% % % 6.41% 6.44% 5.18% % % 0.18% 0.00% 0.00% % 1.64 2.81
16
6.32% 6.33% 5.06% % % 6.45% 6.46% 5.18% % % 0.18% 0.00% 0.00% % 1.58 2.76
17
6.30% 6.33% 5.06% % % 6.42% 6.45% 5.17% % % 0.18% 0.00% 0.00% % 1.58 2.77
18
6.31% 6.33% 5.04% % % 6.41% 6.43% 5.14% % % 0.18% 0.00% 0.00% % 1.55 2.73
19
6.29% 6.33% 5.05% % % 6.40% 6.43% 5.16% % % 0.18% 0.00% 0.00% % 1.58 2.77
20
6.31% 6.33% 5.06% % % 6.41% 6.45% 5.19% % % 0.19% 0.00% 0.00% % 1.54 2.65
21
6.30% 6.32% 5.05% 5.13% 5.52% 6.38% 6.40% 5.14% 5.21% 5.61% 0.18% 0.00% 0.00% % 1.56 2.74
22
6.29% 6.33% 5.07% % % 6.34% 6.38% 5.13% % % 0.18% 0.00% 0.00% % 1.54 2.70
23
6.29% 6.31% 5.03% % % 6.42% 6.44% 5.17% % % 0.18% 0.00% 0.00% % 1.52 2.69
24
6.24% 6.31% 5.06% % % 6.32% 6.38% 5.14% % % 0.18% 0.00% 0.00% % 1.55 2.59
25
6.26% 6.30% 5.02% 5.09% 67.12% 6.35% 6.39% 5.12% 5.19% 67.26% 0.18% 0.00% 0.00% % 1.44 2.58
26
6.24% 6.19% 4.94% % % 6.35% 6.28% 5.04% % % 0.19% 0.00% 0.00% % 1.04 1.93
27
6.08% 6.12% 4.90% % % 6.18% 6.23% 5.01% % % 0.17% 0.00% 0.00% % 0.81 1.71

Return Calculated On: 23 June 2025 | Ratios Calculated On:

Note: 1Y, 3Y, 5Y, 7Y, and 10Y returns are annualized. All returns are calculated on a compounded annual growth rate (CAGR) basis.

Rating: 5 Stars (Best) to 1 Star (Worst) | Rank: 1 (Best) to 100 (Worst)

Rating and Rank are based on the performance of the fund over the last 3 years.

Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

Data Source: www.amfiindia.com

SEBI Categorization

As On: 23 June 2025

Fund Name 1D 1W 1M 3M 6M 1Y 3Y 5Y 7Y 10Y 15Y
Aditya Birla Sun Life Overnight Fund
0.04
0.10
0.45
1.42
3.02
6.30
6.33
5.06
Baroda BNP Paribas Overnight Fund
0.04
0.10
0.45
1.43
3.03
6.33
6.37
5.10
Bank of India Overnight Fund
0.04
0.10
0.47
1.47
3.10
6.48
6.50
5.21
Canara Robeco Overnight Fund
0.04
0.10
0.46
1.42
3.01
6.29
6.35
5.10
NJ Overnight Fund
0.04
0.10
0.45
1.40
2.98
6.22
TRUSTMF Overnight Fund
0.04
0.10
0.45
1.41
2.99
6.33
6.36
Helios Overnight Fund
0.04
0.10
0.44
1.39
2.96
6.24
Samco Overnight Fund
0.04
0.09
0.42
1.32
2.83
5.96
Dsp Overnight Fund
0.04
0.10
0.45
1.43
3.03
6.33
6.37
5.09
Edelweiss Overnight Fund
0.04
0.10
0.45
1.41
3.01
6.29
6.33
5.07
Franklin India Overnight Fund
0.04
0.10
0.46
1.44
3.04
6.33
6.34
5.06
Hdfc Overnight Fund
0.04
0.10
0.45
1.41
3.00
6.26
6.30
5.02
5.09
67.12
44.36
Hsbc Overnight Fund
0.04
0.10
0.45
1.42
3.02
6.31
6.33
5.06
Icici Prudential Overnight Fund
0.04
0.10
0.45
1.42
3.03
6.32
129.13
66.52
Bandhan Overnight Fund
0.04
0.10
0.45
1.42
3.01
6.31
6.33
5.05
Groww Overnight Fund
0.04
0.10
0.45
1.39
2.97
6.24
6.19
4.94
Invesco India Overnight Fund
0.04
0.10
0.46
1.42
3.03
6.35
6.37
5.09
Iti Overnight Fund
0.04
0.09
0.44
1.36
2.89
6.08
6.12
4.90
Jm Overnight Fund
0.04
0.10
0.44
1.39
2.97
6.24
6.31
5.06
Kotak Overnight Fund
0.04
0.10
0.46
1.43
3.03
6.33
6.34
5.06
Lic Mf Overnight Fund
0.04
0.10
0.45
1.42
3.01
6.29
6.31
5.03
Mahindra Manulife Overnight Fund
0.04
0.10
0.45
1.42
3.02
6.31
6.33
5.08
Mirae Asset Overnight Fund
0.04
0.10
0.45
1.42
3.02
6.33
6.36
5.10
quant Overnight Fund
0.04
0.10
0.44
1.39
2.96
6.34
Nippon India Overnight Fund
0.04
0.10
0.46
1.44
3.05
6.36
6.37
5.08
Sbi Overnight Fund
0.04
0.10
0.45
1.42
3.02
6.30
6.32
5.05
5.13
5.52
44.84
Shriram Overnight Fund
0.04
0.10
0.45
1.39
2.94
6.20
Sundaram Overnight Fund
0.04
0.10
0.45
1.43
3.03
6.31
6.33
5.04
Tata Overnight Fund
0.04
0.10
0.45
1.42
3.03
6.32
6.33
5.06
Union Overnight Fund
0.04
0.10
0.45
1.42
3.01
6.29
6.33
5.05
Uti Overnight Fund
0.04
0.10
0.46
1.43
3.04
6.36
6.39
5.11
5.18
67.49
44.55
Pgim India Overnight Fund
0.04
0.10
0.45
1.43
3.04
6.35
6.37
5.11
Axis Overnight Fund
0.04
0.10
0.46
1.45
3.07
6.41
6.42
5.14
Bajaj Finserv Overnight Fund
0.04
0.10
0.46
1.43
3.05
6.37

As On: 23 June 2025

Fund Name 1D 1W 1M 3M 6M 1Y 3Y 5Y 7Y 10Y 15Y
Aditya Birla Sun Life Overnight Fund
0.04
0.10
0.46
1.44
3.07
6.42
6.45
5.17
Baroda BNP Paribas Overnight Fund
0.04
0.10
0.46
1.45
3.07
6.42
6.45
5.17
Bank of India Overnight Fund
0.04
0.10
0.47
1.47
3.11
6.51
6.52
5.26
Canara Robeco Overnight Fund
0.04
0.10
0.46
1.42
3.01
6.30
6.36
5.11
NJ Overnight Fund
0.04
0.10
0.45
1.42
3.03
6.33
TRUSTMF Overnight Fund
0.04
0.10
0.46
1.42
3.02
6.38
6.42
Helios Overnight Fund
0.04
0.10
0.45
1.40
2.99
6.29
Samco Overnight Fund
0.04
0.10
0.44
1.37
2.93
6.17
Dsp Overnight Fund
0.04
0.10
0.46
1.44
3.06
6.41
6.45
5.17
Edelweiss Overnight Fund
0.04
0.10
0.45
1.43
3.03
6.34
6.38
5.13
Franklin India Overnight Fund
0.04
0.10
0.46
1.45
3.07
6.38
6.39
5.11
Hdfc Overnight Fund
0.04
0.10
0.45
1.43
3.03
6.35
6.39
5.12
5.19
67.26
Hsbc Overnight Fund
0.04
0.10
0.46
1.44
3.07
6.41
6.45
5.19
Icici Prudential Overnight Fund
0.04
0.10
0.46
1.44
3.06
6.39
129.28
66.65
Bandhan Overnight Fund
0.04
0.10
0.46
1.44
3.07
6.41
6.44
5.16
Groww Overnight Fund
0.04
0.10
0.45
1.42
3.02
6.35
6.28
5.04
Invesco India Overnight Fund
0.04
0.10
0.46
1.44
3.06
6.40
6.43
5.15
Iti Overnight Fund
0.04
0.10
0.44
1.39
2.94
6.18
6.23
5.01
Jm Overnight Fund
0.04
0.10
0.45
1.41
3.01
6.32
6.38
5.14
Kotak Overnight Fund
0.04
0.10
0.46
1.45
3.07
6.42
6.45
5.16
Lic Mf Overnight Fund
0.04
0.10
0.46
1.45
3.07
6.42
6.44
5.17
Mahindra Manulife Overnight Fund
0.04
0.10
0.46
1.45
3.07
6.41
6.44
5.18
Mirae Asset Overnight Fund
0.04
0.10
0.46
1.44
3.07
6.42
6.46
5.20
quant Overnight Fund
0.04
0.10
0.45
1.41
3.00
6.41
Nippon India Overnight Fund
0.04
0.10
0.46
1.46
3.09
6.44
6.46
5.18
Sbi Overnight Fund
0.04
0.10
0.46
1.44
3.05
6.38
6.40
5.14
5.21
5.61
Shriram Overnight Fund
0.04
0.10
0.45
1.40
2.97
6.26
Sundaram Overnight Fund
0.04
0.10
0.46
1.44
3.07
6.41
6.43
5.14
Tata Overnight Fund
0.04
0.10
0.46
1.46
3.09
6.45
6.46
5.18
Union Overnight Fund
0.04
0.10
0.46
1.44
3.06
6.40
6.43
5.16
Uti Overnight Fund
0.04
0.10
0.46
1.45
3.07
6.41
6.44
5.16
5.24
67.63
Pgim India Overnight Fund
0.04
0.10
0.45
1.44
3.06
6.40
6.43
5.17
Axis Overnight Fund
0.04
0.10
0.46
1.46
3.09
6.46
6.48
5.19
Bajaj Finserv Overnight Fund
0.04
0.10
0.46
1.45
3.07
6.42

As On: 23 June 2025

Fund Name 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year
Aditya Birla Sun Life Overnight Fund
6.19
6.43
5.84
Baroda BNP Paribas Overnight Fund
6.22
6.46
5.87
Bank of India Overnight Fund
6.37
6.60
6.00
Canara Robeco Overnight Fund
6.18
6.43
5.86
NJ Overnight Fund
6.11
TRUSTMF Overnight Fund
6.20
6.45
Helios Overnight Fund
6.10
Samco Overnight Fund
5.83
Dsp Overnight Fund
6.22
6.46
5.87
Edelweiss Overnight Fund
6.17
6.42
5.83
Franklin India Overnight Fund
6.24
6.44
5.84
Hdfc Overnight Fund
6.15
6.39
5.80
5.37
32.00
49.59
Hsbc Overnight Fund
6.19
6.43
5.84
Icici Prudential Overnight Fund
6.21
37.80
78.04
Bandhan Overnight Fund
6.19
6.43
5.84
Groww Overnight Fund
6.10
6.32
5.72
Invesco India Overnight Fund
6.22
6.47
5.88
Iti Overnight Fund
5.95
6.20
5.64
Jm Overnight Fund
6.11
6.39
5.82
Kotak Overnight Fund
6.22
6.44
5.85
Lic Mf Overnight Fund
6.17
6.40
5.81
Mahindra Manulife Overnight Fund
6.20
6.43
5.84
Mirae Asset Overnight Fund
6.21
6.46
5.87
quant Overnight Fund
6.16
Nippon India Overnight Fund
6.25
6.47
5.87
Sbi Overnight Fund
6.19
6.42
5.83
5.40
5.35
38.47
Shriram Overnight Fund
6.07
Sundaram Overnight Fund
6.20
6.43
5.83
Tata Overnight Fund
6.21
6.43
5.84
Union Overnight Fund
6.18
6.42
5.83
Uti Overnight Fund
6.24
6.48
5.89
5.45
73.85
53.77
Pgim India Overnight Fund
6.24
6.47
5.88
Axis Overnight Fund
6.30
6.53
5.93
Bajaj Finserv Overnight Fund
6.25

As On: 23 June 2025

Fund Name 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year
Aditya Birla Sun Life Overnight Fund
6.30
6.54
5.95
Baroda BNP Paribas Overnight Fund
6.31
6.54
5.95
Bank of India Overnight Fund
6.39
6.62
6.03
Canara Robeco Overnight Fund
6.19
6.44
5.87
NJ Overnight Fund
6.21
TRUSTMF Overnight Fund
6.24
6.51
Helios Overnight Fund
6.15
Samco Overnight Fund
6.04
Dsp Overnight Fund
6.29
6.54
5.95
Edelweiss Overnight Fund
6.22
6.48
5.89
Franklin India Overnight Fund
6.28
6.49
5.89
Hdfc Overnight Fund
6.23
6.48
5.89
5.46
32.14
Hsbc Overnight Fund
6.30
6.54
5.96
Icici Prudential Overnight Fund
6.28
37.90
78.17
Bandhan Overnight Fund
6.29
6.54
5.94
Groww Overnight Fund
6.20
6.42
5.81
Invesco India Overnight Fund
6.29
6.53
5.93
Iti Overnight Fund
6.06
6.31
5.75
Jm Overnight Fund
6.19
6.46
5.89
Kotak Overnight Fund
6.31
6.54
5.95
Lic Mf Overnight Fund
6.31
6.54
5.95
Mahindra Manulife Overnight Fund
6.30
6.53
5.95
Mirae Asset Overnight Fund
6.30
6.55
5.97
quant Overnight Fund
6.24
Nippon India Overnight Fund
6.33
6.56
5.97
Sbi Overnight Fund
6.28
6.50
5.91
5.48
5.43
Shriram Overnight Fund
6.13
Sundaram Overnight Fund
6.29
6.53
5.93
Tata Overnight Fund
6.34
6.56
5.96
Union Overnight Fund
6.28
6.53
5.94
Uti Overnight Fund
6.30
6.54
5.94
5.51
73.99
Pgim India Overnight Fund
6.29
6.52
5.94
Axis Overnight Fund
6.34
6.57
5.98
Bajaj Finserv Overnight Fund
6.31

Performance Indicators


Calculated On:

Fund Name VaR 1 Y 95% Max Drawdown % Average Drawdown % Standard Deviation % Semi Deviation %
Sundaram Overnight Fund 0.00 0.00 0.00 0.18 0.15
Tata Overnight Fund 0.00 0.00 0.00 0.18 0.15
Union Overnight Fund 0.00 0.00 0.00 0.18 0.14
Uti Overnight Fund 0.00 0.00 0.00 0.18 0.15
Pgim India Overnight Fund 0.00 0.00 0.00 0.18 0.14
Axis Overnight Fund 0.00 0.00 0.00 0.18 0.15
Kotak Overnight Fund 0.00 0.00 0.00 0.18 0.15
Lic Mf Overnight Fund 0.00 0.00 0.00 0.18 0.14
Mahindra Manulife Overnight Fund 0.00 0.00 0.00 0.18 0.14
Mirae Asset Overnight Fund 0.00 0.00 0.00 0.18 0.15
Nippon India Overnight Fund 0.00 0.00 0.00 0.18 0.15
Sbi Overnight Fund 0.00 0.00 0.00 0.18 0.14
Aditya Birla Sun Life Overnight Fund 0.00 0.00 0.00 0.18 0.15
Baroda Bnp Paribas Overnight Fund 0.00 0.00 0.00 0.18 0.14
Bank Of India Overnight Fund 0.00 0.00 0.00 0.18 0.15
Canara Robeco Overnight Fund 0.00 0.00 0.00 0.17 0.14
Trustmf Overnight Fund 0.00 0.00 0.00 0.19 0.15
Dsp Overnight Fund 0.00 0.00 0.00 0.18 0.15
Edelweiss Overnight Fund 0.00 0.00 0.00 0.18 0.15
Franklin India Overnight Fund 0.00 0.00 0.00 0.18 0.15
Hdfc Overnight Fund 0.00 0.00 0.00 0.18 0.15
Hsbc Overnight Fund 0.00 0.00 0.00 0.19 0.15
Bandhan Overnight Fund 0.00 0.00 0.00 0.18 0.14
Groww Overnight Fund 0.00 0.00 0.00 0.19 0.15
Invesco India Overnight Fund 0.00 0.00 0.00 0.18 0.15
Iti Overnight Fund 0.00 0.00 0.00 0.17 0.14
Jm Overnight Fund 0.00 0.00 0.00 0.18 0.14

Calculated On:

Fund Name Sharpe Ratio Sortino Ratio Sterling ratio Hurst Index Jensen’s Alpha Beta R2 Treynor Ratio Modigliani2 Measure Active Return
Sundaram Overnight Fund
2.73
1.55
0.63
0.42
Tata Overnight Fund
2.76
1.58
0.63
0.43
Union Overnight Fund
2.77
1.58
0.63
0.43
Uti Overnight Fund
3.05
1.86
0.64
0.43
Pgim India Overnight Fund
2.98
1.79
0.63
0.43
Axis Overnight Fund
3.26
2.03
0.64
0.43
Kotak Overnight Fund
2.74
1.61
0.63
0.42
Lic Mf Overnight Fund
2.69
1.52
0.63
0.43
Mahindra Manulife Overnight Fund
2.81
1.64
0.63
0.43
Mirae Asset Overnight Fund
2.86
1.73
0.63
0.42
Nippon India Overnight Fund
2.96
1.75
0.63
0.43
Sbi Overnight Fund
2.74
1.56
0.63
0.43
Aditya Birla Sun Life Overnight Fund
2.77
1.58
0.63
0.43
Baroda Bnp Paribas Overnight Fund
3.01
1.82
0.63
0.43
Bank Of India Overnight Fund
3.57
2.37
0.65
0.43
Canara Robeco Overnight Fund
2.95
1.76
0.63
0.43
Trustmf Overnight Fund
2.82
1.76
0.63
0.41
Dsp Overnight Fund
2.91
1.77
0.63
0.42
Edelweiss Overnight Fund
2.70
1.54
0.63
0.42
Franklin India Overnight Fund
2.80
1.62
0.63
0.43
Hdfc Overnight Fund
2.58
1.44
0.63
0.44
Hsbc Overnight Fund
2.65
1.54
0.63
0.42
Bandhan Overnight Fund
2.79
1.61
0.63
0.43
Groww Overnight Fund
1.93
1.04
0.62
0.42
Invesco India Overnight Fund
2.99
1.80
0.63
0.43
Iti Overnight Fund
1.71
0.81
0.61
0.43
Jm Overnight Fund
2.59
1.55
0.63
0.42