Previously Known As : Idfc Overnight Fund
Bandhan Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 15
Rating
Growth Option 04-12-2025
NAV ₹1402.65(R) +0.03% ₹1413.12(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.82% 6.32% 5.28% -% -%
Direct 5.93% 6.43% 5.38% -% -%
Benchmark
SIP (XIRR) Regular 5.57% 6.15% 5.89% -% -%
Direct 5.68% 6.26% 6.0% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.22 4.32 0.63 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.14% 0.0% 0.0% - 0.11%
Fund AUM As on: 30/06/2025 966 Cr
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Uti Overnight Fund 3
Invesco India Overnight Fund 4
Franklin India Overnight Fund 5
Nippon India Overnight Fund 6
Mirae Asset Overnight Fund 7

NAV Date: 04-12-2025

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 1000.88
0.2900
0.0300%
BANDHAN Overnight Fund - Regular Plan - Monthly IDCW 1000.98
0.2800
0.0300%
BANDHAN Overnight Fund - Direct Plan - Monthly IDCW 1001.02
0.2900
0.0300%
BANDHAN Overnight Fund - Regular Plan - Weekly IDCW 1001.78
0.2800
0.0300%
BANDHAN Overnight Fund - REGULAR PLAN PERIODIC IDCW 1283.44
0.3600
0.0300%
BANDHAN Overnight Fund - Direct Plan - Periodic IDCW 1287.66
0.3700
0.0300%
BANDHAN Overnight Fund - Regular Plan - Growth 1402.65
0.3900
0.0300%
BANDHAN Overnight Fund - Direct Plan - Growth 1413.12
0.4000
0.0300%

Review Date: 04-12-2025

Beginning of Analysis

Bandhan Overnight Fund is the 15th ranked fund in the Overnight Fund category. The category has total 29 funds. The Bandhan Overnight Fund has shown an average past performence in Overnight Fund. The fund has a Sharpe Ratio of 4.22 which is higher than the category average of 4.08.
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 0.43%, 1.34 and 2.7 in last one, three and six months respectively. In the same period the category average return was 0.43%, 1.33% and 2.69% respectively.
  • Bandhan Overnight Fund has given a return of 5.93% in last one year. In the same period the Overnight Fund category average return was 5.89%.
  • The fund has given a return of 6.43% in last three years and ranked 12.0th out of 32 funds in the category. In the same period the Overnight Fund category average return was 6.41%.
  • The fund has given a return of 5.38% in last five years and ranked 15th out of 27 funds in the category. In the same period the Overnight Fund category average return was 5.37%.
  • The fund has given a SIP return of 5.68% in last one year whereas category average SIP return is 5.64%. The fund one year return rank in the category is 12th in 34 funds
  • The fund has SIP return of 6.26% in last three years and ranks 10th in 31 funds. Bank of India Overnight Fund has given the highest SIP return (6.35%) in the category in last three years.
  • The fund has SIP return of 6.0% in last five years whereas category average SIP return is 5.74%.

Bandhan Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.14 and semi deviation of 0.11. The category average standard deviation is 0.14 and semi deviation is 0.11.

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 % 0.42
    0.43
    		0.39 | 0.46 24 | 34 Average
    3M Return % 1.32
    1.32
    		1.23 | 1.36 21 | 34 Average
    6M Return % 2.65
    2.65
    		2.49 | 2.74 20 | 34 Average
    1Y Return % 5.82
    5.81
    		5.46 | 6.01 21 | 34 Average
    3Y Return % 6.32
    6.32
    		6.03 | 6.50 17 | 32 Average
    5Y Return % 5.28
    5.29
    		5.12 | 5.43 21 | 27 Average
    1Y SIP Return % 5.57
    5.56
    		5.21 | 5.76 20 | 34 Average
    3Y SIP Return % 6.15
    6.14
    		5.83 | 6.33 17 | 31 Average
    5Y SIP Return % 5.89
    5.66
    		5.13 | 6.06 10 | 27 Good
    Standard Deviation 0.14
    0.14
    		0.13 | 0.15 8 | 30 Very Good
    Semi Deviation 0.11
    0.11
    		0.11 | 0.12 10 | 30 Good
    Sharpe Ratio 4.22
    4.08
    		2.14 | 5.43 11 | 30 Good
    Sterling Ratio 0.63
    0.63
    		0.61 | 0.65 15 | 30 Good
    Sortino Ratio 4.32
    4.41
    		1.22 | 9.27 15 | 30 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.43 0.43 0.41 | 0.46 19 | 34 Average
    3M Return % 1.34 1.33 1.28 | 1.38 12 | 34 Good
    6M Return % 2.70 2.69 2.59 | 2.76 12 | 34 Good
    1Y Return % 5.93 5.89 5.67 | 6.03 14 | 34 Good
    3Y Return % 6.43 6.41 6.21 | 6.62 12 | 32 Good
    5Y Return % 5.38 5.37 5.22 | 5.48 15 | 27 Average
    1Y SIP Return % 5.68 5.64 5.42 | 5.79 12 | 34 Good
    3Y SIP Return % 6.26 6.23 6.04 | 6.35 10 | 31 Good
    5Y SIP Return % 6.00 5.74 5.21 | 6.09 9 | 27 Good
    Standard Deviation 0.14 0.14 0.13 | 0.15 8 | 30 Very Good
    Semi Deviation 0.11 0.11 0.11 | 0.12 10 | 30 Good
    Sharpe Ratio 4.22 4.08 2.14 | 5.43 11 | 30 Good
    Sterling Ratio 0.63 0.63 0.61 | 0.65 15 | 30 Good
    Sortino Ratio 4.32 4.41 1.22 | 9.27 15 | 30 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    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
    04-12-2025 1402.6453 1413.1205
    03-12-2025 1402.4477 1412.9176
    02-12-2025 1402.2512 1412.7157
    01-12-2025 1402.0572 1412.5164
    28-11-2025 1401.4572 1411.9002
    27-11-2025 1401.25 1411.6876
    26-11-2025 1401.0553 1411.4875
    25-11-2025 1400.8559 1411.2828
    24-11-2025 1400.6589 1411.0804
    21-11-2025 1400.0518 1410.457
    20-11-2025 1399.8482 1410.248
    19-11-2025 1399.6511 1410.0455
    18-11-2025 1399.4553 1409.8444
    17-11-2025 1399.261 1409.6448
    14-11-2025 1398.6663 1409.0341
    13-11-2025 1398.4701 1408.8325
    12-11-2025 1398.2768 1408.6339
    11-11-2025 1398.0826 1408.4345
    10-11-2025 1397.8899 1408.2364
    07-11-2025 1397.3044 1407.635
    06-11-2025 1397.1096 1407.4349
    04-11-2025 1396.7196 1407.0342

    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.