Previously Known As : Idfc Overnight Fund
Bandhan Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 17
Rating
Growth Option 12-06-2026
NAV ₹1439.63(R) +0.01% ₹1451.14(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.24% 6.11% 5.5% 4.98% -%
Direct 5.34% 6.21% 5.6% 5.1% -%
Benchmark
SIP (XIRR) Regular 5.19% 5.78% 5.86% 5.46% -%
Direct 5.29% 5.88% 5.96% 5.57% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.0 1.11 0.62 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.18% 0.0% 0.0% - 0.15%
Fund AUM As on: 30/12/2025 1353 Cr
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Franklin India Overnight Fund 3
Uti Overnight Fund 4
Invesco India Overnight Fund 5
Nippon India Overnight Fund 6
Mirae Asset Overnight Fund 7

NAV Date: 12-06-2026

Scheme Name NAV Rupee Change Percent Change
BANDHAN Overnight Fund - Regular Plan - Daily IDCW 1000.01
0.0000
0.0000%
BANDHAN Overnight Fund - Direct Plan - Daily IDCW 1000.01
0.0000
0.0000%
BANDHAN Overnight Fund - Direct Plan - Weekly IDCW 1001.0
0.1400
0.0100%
BANDHAN Overnight Fund - Regular Plan - Weekly IDCW 1001.82
0.1400
0.0100%
BANDHAN Overnight Fund - Regular Plan - Monthly IDCW 1002.23
0.1400
0.0100%
BANDHAN Overnight Fund - Direct Plan - Monthly IDCW 1002.27
0.1400
0.0100%
BANDHAN Overnight Fund - REGULAR PLAN PERIODIC IDCW 1317.29
0.1800
0.0100%
BANDHAN Overnight Fund - Direct Plan - Periodic IDCW 1322.38
0.1900
0.0100%
BANDHAN Overnight Fund - Regular Plan - Growth 1439.63
0.2000
0.0100%
BANDHAN Overnight Fund - Direct Plan - Growth 1451.14
0.2000
0.0100%

Review Date: 12-06-2026

Beginning of Analysis

Bandhan Overnight Fund is the 15th ranked fund in the Overnight Fund category. The category has total 29 funds. The 3 star rating shows an average past performance of the Bandhan Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 2.0 which is higher than the category average of 1.92.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Overnight Mutual Funds are ideal for investors seeking a safe, liquid, and ultra-low-risk investment option for very short-term cash management. These funds invest in overnight securities with a maturity of 1 day, offering quick redemption (within 1 business day) and stable returns. While they provide minimal risk and high liquidity, they offer very low returns compared to other debt funds. Investors should consider their liquidity needs and investment horizon before investing in Overnight Funds. These funds are best suited for parking surplus funds for a very short duration, such as overnight or a few days.

Bandhan Overnight Fund Return Analysis

  • The fund has given a return of 0.44%, 1.3 and 2.57 in last one, three and six months respectively. In the same period the category average return was 0.44%, 1.3% and 2.56% respectively.
  • Bandhan Overnight Fund has given a return of 5.34% in last one year. In the same period the Overnight Fund category average return was 5.31%.
  • The fund has given a return of 6.21% in last three years and ranked 12.0th out of thirty one funds in the category. In the same period the Overnight Fund category average return was 6.19%.
  • The fund has given a return of 5.6% in last five years and ranked 14th out of twenty seven funds in the category. In the same period the Overnight Fund category average return was 5.59%.
  • The fund has given a SIP return of 5.29% in last one year whereas category average SIP return is 5.26%. The fund one year return rank in the category is 17th in 34 funds
  • The fund has SIP return of 5.88% in last three years and ranks 13th in 31 funds. Bank of India Overnight Fund has given the highest SIP return (6.08%) in the category in last three years.
  • The fund has SIP return of 5.96% in last five years whereas category average SIP return is 5.95%.

Bandhan Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.18 and semi deviation of 0.15. The category average standard deviation is 0.19 and semi deviation is 0.15.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Overnight Fund Category
  • Good Performance in Overnight Fund Category
  • Poor Performance in Overnight Fund Category
  • Very Poor Performance in Overnight Fund Category

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

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.43
    0.43
    		0.40 | 0.60 19 | 34 Average
    3M Return % 1.28
    1.28
    		1.18 | 1.48 21 | 34 Average
    6M Return % 2.52
    2.52
    		2.32 | 2.75 21 | 34 Average
    1Y Return % 5.24
    5.23
    		4.87 | 5.56 19 | 33 Average
    3Y Return % 6.11
    6.10
    		5.78 | 6.33 18 | 31 Average
    5Y Return % 5.50
    5.50
    		5.31 | 5.69 16 | 27 Average
    7Y Return % 4.98
    5.01
    		4.96 | 5.08 14 | 16 Poor
    1Y SIP Return % 5.19
    5.18
    		4.80 | 5.64 20 | 33 Average
    3Y SIP Return % 5.78
    5.77
    		5.42 | 6.05 17 | 31 Average
    5Y SIP Return % 5.86
    5.87
    		5.64 | 6.09 16 | 27 Average
    7Y SIP Return % 5.46
    5.48
    		5.43 | 5.55 12 | 16 Average
    Standard Deviation 0.18
    0.19
    		0.17 | 0.26 10 | 31 Good
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 13 | 31 Good
    Sharpe Ratio 2.00
    1.92
    		0.37 | 2.86 16 | 31 Good
    Sterling Ratio 0.62
    0.62
    		0.59 | 0.64 16 | 31 Good
    Sortino Ratio 1.11
    1.10
    		0.15 | 1.91 17 | 31 Average
    Return data last Updated On : June 12, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.44 0.44 0.42 | 0.61 11 | 36 Good
    3M Return % 1.30 1.30 1.23 | 1.49 18 | 36 Good
    6M Return % 2.57 2.56 2.43 | 2.77 18 | 36 Good
    1Y Return % 5.34 5.31 5.08 | 5.60 15 | 34 Good
    3Y Return % 6.21 6.19 5.98 | 6.35 12 | 31 Good
    5Y Return % 5.60 5.59 5.42 | 5.73 14 | 27 Good
    7Y Return % 5.10 5.10 5.05 | 5.13 10 | 16 Average
    1Y SIP Return % 5.29 5.26 5.01 | 5.67 17 | 34 Good
    3Y SIP Return % 5.88 5.86 5.63 | 6.08 13 | 31 Good
    5Y SIP Return % 5.96 5.95 5.75 | 6.11 11 | 27 Good
    7Y SIP Return % 5.57 5.57 5.52 | 5.60 10 | 16 Average
    Standard Deviation 0.18 0.19 0.17 | 0.26 10 | 31 Good
    Semi Deviation 0.15 0.15 0.14 | 0.20 13 | 31 Good
    Sharpe Ratio 2.00 1.92 0.37 | 2.86 16 | 31 Good
    Sterling Ratio 0.62 0.62 0.59 | 0.64 16 | 31 Good
    Sortino Ratio 1.11 1.10 0.15 | 1.91 17 | 31 Average
    Return data last Updated On : June 12, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Bandhan Overnight Fund NAV Regular Growth Bandhan Overnight Fund NAV Direct Growth
    12-06-2026 1439.6277 1451.1355
    11-06-2026 1439.4284 1450.9307
    10-06-2026 1439.2314 1450.7281
    09-06-2026 1439.0344 1450.5257
    08-06-2026 1438.8376 1450.3233
    05-06-2026 1438.2433 1449.7124
    04-06-2026 1438.0477 1449.5112
    03-06-2026 1437.8524 1449.3104
    02-06-2026 1437.656 1449.1085
    01-06-2026 1437.459 1448.906
    29-05-2026 1436.8507 1448.2809
    27-05-2026 1436.4429 1447.862
    26-05-2026 1436.2379 1447.6514
    25-05-2026 1436.0392 1447.4471
    22-05-2026 1435.4372 1446.8285
    21-05-2026 1435.2369 1446.6226
    20-05-2026 1435.0391 1446.4193
    19-05-2026 1434.8432 1446.2179
    18-05-2026 1434.6496 1446.0188
    15-05-2026 1434.0663 1445.419
    14-05-2026 1433.8749 1445.2222
    13-05-2026 1433.6831 1445.0249
    12-05-2026 1433.4871 1444.8234

    Fund Launch Date: 16/Jan/2019
    Fund Category: Overnight Fund
    Investment Objective: The Fund seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates.
    Fund Description: An open-ended Debt Scheme investing in overnight securities
    Fund Benchmark: Nifty 1D Rate Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.