Franklin India Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 3
Rating
Growth Option 03-07-2026
NAV ₹1418.78(R) +0.01% ₹1423.73(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.36% 6.13% 5.55% 4.99% -%
Direct 5.4% 6.17% 5.6% 5.05% -%
Benchmark
SIP (XIRR) Regular 5.31% 5.82% 5.9% 5.5% -%
Direct 5.35% 5.86% 5.95% 5.55% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.33 1.38 0.62 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.17% 0.0% 0.0% - 0.14%
Fund AUM As on: 30/12/2025 556 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: 03-07-2026

Scheme Name NAV Rupee Change Percent Change
Franklin India Overnight Fund - Direct Daily Dividend Plan - Daily - IDCW 1000.0
0.0000
0.0000%
Franklin India Overnight Fund - Daily Dividend Plan - Daily - IDCW 1000.0
0.0000
0.0000%
Franklin India Overnight Fund - Direct Weekly Dividend Plan - Weekly - IDCW 1000.73
0.1400
0.0100%
Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW 1000.73
0.1400
0.0100%
Franklin India Overnight fund- Growth 1418.78
0.2000
0.0100%
Franklin India Overnight Fund- Growth - Direct 1423.73
0.2000
0.0100%

Review Date: 03-07-2026

Beginning of Analysis

In the Overnight Fund category, Franklin India Overnight Fund is the 5th ranked fund. The category has total 29 funds. The 5 star rating shows an excellent past performance of the Franklin India Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 2.33 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.

Franklin India Overnight Fund Return Analysis

  • The fund has given a return of 0.43%, 1.25 and 2.56 in last one, three and six months respectively. In the same period the category average return was 0.42%, 1.23% and 2.51% respectively.
  • Franklin India Overnight Fund has given a return of 5.4% in last one year. In the same period the Overnight Fund category average return was 5.31%.
  • The fund has given a return of 6.17% in last three years and ranked 18.0th out of thirty one funds in the category. In the same period the Overnight Fund category average return was 6.16%.
  • The fund has given a return of 5.6% in last five years and ranked 20th out of twenty seven funds in the category. In the same period the Overnight Fund category average return was 5.61%.
  • The fund has given a SIP return of 5.35% in last one year whereas category average SIP return is 5.25%. The fund one year return rank in the category is 2nd in 34 funds
  • The fund has SIP return of 5.86% in last three years and ranks 5th in 31 funds. Bank of India Overnight Fund has given the highest SIP return (6.04%) in the category in last three years.
  • The fund has SIP return of 5.95% in last five years whereas category average SIP return is 5.94%.

Franklin India Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.17 and semi deviation of 0.14. 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
    0.42
    		0.40 | 0.43 1 | 34 Very Good
    3M Return % 1.24
    1.21
    		1.15 | 1.39 2 | 34 Very Good
    6M Return % 2.54
    2.47
    		2.29 | 2.70 2 | 34 Very Good
    1Y Return % 5.36
    5.23
    		4.88 | 5.55 2 | 33 Very Good
    3Y Return % 6.13
    6.08
    		5.76 | 6.30 6 | 31 Very Good
    5Y Return % 5.55
    5.53
    		5.34 | 5.71 10 | 27 Good
    7Y Return % 4.99
    5.01
    		4.96 | 5.07 9 | 16 Average
    1Y SIP Return % 5.31
    5.17
    		4.82 | 5.60 2 | 33 Very Good
    3Y SIP Return % 5.82
    5.74
    		5.39 | 6.01 3 | 31 Very Good
    5Y SIP Return % 5.90
    5.86
    		5.64 | 6.08 4 | 27 Very Good
    7Y SIP Return % 5.50
    5.49
    		5.44 | 5.56 6 | 16 Good
    Standard Deviation 0.17
    0.19
    		0.17 | 0.26 1 | 31 Very Good
    Semi Deviation 0.14
    0.15
    		0.14 | 0.20 1 | 31 Very Good
    Sharpe Ratio 2.33
    1.92
    		0.37 | 2.86 3 | 31 Very Good
    Sterling Ratio 0.62
    0.62
    		0.59 | 0.64 7 | 31 Very Good
    Sortino Ratio 1.38
    1.10
    		0.15 | 1.91 3 | 31 Very Good
    Return data last Updated On : July 3, 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 % 0.43 0.42 0.41 | 0.43 1 | 36 Very Good
    3M Return % 1.25 1.23 1.18 | 1.40 2 | 36 Very Good
    6M Return % 2.56 2.51 2.39 | 2.72 2 | 36 Very Good
    1Y Return % 5.40 5.31 5.08 | 5.59 2 | 34 Very Good
    3Y Return % 6.17 6.16 5.96 | 6.32 18 | 31 Average
    5Y Return % 5.60 5.61 5.44 | 5.75 20 | 27 Average
    7Y Return % 5.05 5.10 5.05 | 5.13 16 | 16 Poor
    1Y SIP Return % 5.35 5.25 5.03 | 5.64 2 | 34 Very Good
    3Y SIP Return % 5.86 5.82 5.61 | 6.04 5 | 31 Very Good
    5Y SIP Return % 5.95 5.94 5.74 | 6.11 18 | 27 Average
    7Y SIP Return % 5.55 5.57 5.53 | 5.61 14 | 16 Poor
    Standard Deviation 0.17 0.19 0.17 | 0.26 1 | 31 Very Good
    Semi Deviation 0.14 0.15 0.14 | 0.20 1 | 31 Very Good
    Sharpe Ratio 2.33 1.92 0.37 | 2.86 3 | 31 Very Good
    Sterling Ratio 0.62 0.62 0.59 | 0.64 7 | 31 Very Good
    Sortino Ratio 1.38 1.10 0.15 | 1.91 3 | 31 Very Good
    Return data last Updated On : July 3, 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 Franklin India Overnight Fund NAV Regular Growth Franklin India Overnight Fund NAV Direct Growth
    03-07-2026 1418.7754 1423.7347
    02-07-2026 1418.579 1423.536
    01-07-2026 1418.3827 1423.3376
    30-06-2026 1418.1803 1423.1329
    29-06-2026 1417.9689 1422.9193
    25-06-2026 1417.1357 1422.0769
    24-06-2026 1416.9339 1421.8728
    23-06-2026 1416.7371 1421.6737
    22-06-2026 1416.5292 1421.4636
    19-06-2026 1415.9274 1420.8549
    18-06-2026 1415.7268 1420.6521
    17-06-2026 1415.5188 1420.4418
    16-06-2026 1415.3173 1420.238
    15-06-2026 1415.1169 1420.0354
    12-06-2026 1414.5269 1419.4387
    11-06-2026 1414.3263 1419.2359
    10-06-2026 1414.1345 1419.0419
    09-06-2026 1413.9384 1418.8434
    08-06-2026 1413.7419 1418.6448
    05-06-2026 1413.1467 1418.0428
    04-06-2026 1412.9468 1417.8407
    03-06-2026 1412.7522 1417.6439

    Fund Launch Date: 07/May/2019
    Fund Category: Overnight Fund
    Investment Objective: The Scheme intends to provide reasonable income along with high liquidity by investing in overnight securities having maturity of 1 business day
    Fund Description: An open ended debt scheme investing in overnight securities
    Fund Benchmark: CRISIL Overnight Index
    Source: Fund FactSheet

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