Franklin India Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 3
Rating
Growth Option 18-08-2026
NAV ₹1427.97(R) +0.01% ₹1433.03(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.34% 6.08% 5.61% 4.99% -%
Direct 5.37% 6.12% 5.66% 5.04% -%
Benchmark
SIP (XIRR) Regular 5.3% 5.75% 5.89% 5.52% -%
Direct 5.33% 5.8% 5.94% 5.56% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.73 0.99 0.61 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.18% 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
- 4
Invesco India Overnight Fund 5
Baroda BNP Paribas Overnight Fund 6
Nippon India Overnight Fund 7

NAV Date: 18-08-2026

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 1000.27
0.1400
0.0100%
Franklin India Overnight Fund - Weekly Dividend Plan - Weekly - IDCW 1000.28
0.1300
0.0100%
Franklin India Overnight fund- Growth 1427.97
0.1900
0.0100%
Franklin India Overnight Fund- Growth - Direct 1433.03
0.1900
0.0100%

Review Date: 18-08-2026

Beginning of Analysis

Franklin India Overnight Fund is the 5th ranked fund in the Overnight Fund category. The category has total 29 funds. The Franklin India Overnight Fund has shown an excellent past performence in Overnight Fund. The fund has a Sharpe Ratio of 1.73 which is higher than the category average of 1.34.
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 0.41%, 1.32 and 2.59 in last one, three and six months respectively. In the same period the category average return was 0.4%, 1.29% and 2.55% respectively.
  • Franklin India Overnight Fund has given a return of 5.37% in last one year. In the same period the Overnight Fund category average return was 5.28%.
  • The fund has given a return of 6.12% in last three years and ranked 17.0th out of thirty funds in the category. In the same period the Overnight Fund category average return was 6.1%.
  • The fund has given a return of 5.66% in last five years and ranked 18th out of twenty five funds in the category. In the same period the Overnight Fund category average return was 5.67%.
  • The fund has given a SIP return of 5.33% in last one year whereas category average SIP return is 5.23%. The fund one year return rank in the category is 2nd in 34 funds
  • The fund has SIP return of 5.8% in last three years and ranks 5th in 30 funds. Bank of India Overnight Fund has given the highest SIP return (5.96%) in the category in last three years.
  • The fund has SIP return of 5.94% in last five years whereas category average SIP return is 5.92%.

Franklin India Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.18 and semi deviation of 0.14. The category average standard deviation is 0.2 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 % 0.41
    0.39
    		0.36 | 0.41 3 | 33 Very Good
    3M Return % 1.31
    1.27
    		1.19 | 1.31 1 | 32 Very Good
    6M Return % 2.58
    2.51
    		2.33 | 2.74 2 | 32 Very Good
    1Y Return % 5.34
    5.20
    		4.83 | 5.52 2 | 32 Very Good
    3Y Return % 6.08
    6.02
    		5.69 | 6.24 5 | 30 Very Good
    5Y Return % 5.61
    5.58
    		5.39 | 5.77 9 | 25 Good
    7Y Return % 4.99
    4.99
    		4.88 | 5.07 8 | 19 Good
    1Y SIP Return % 5.30
    5.15
    		4.78 | 5.53 2 | 32 Very Good
    3Y SIP Return % 5.75
    5.66
    		5.31 | 5.92 3 | 30 Very Good
    5Y SIP Return % 5.89
    5.84
    		5.61 | 6.06 3 | 25 Very Good
    7Y SIP Return % 5.52
    5.49
    		5.36 | 5.57 4 | 19 Very Good
    Standard Deviation 0.18
    0.20
    		0.18 | 0.27 1 | 30 Very Good
    Semi Deviation 0.14
    0.15
    		0.14 | 0.20 1 | 30 Very Good
    Sharpe Ratio 1.73
    1.34
    		-0.16 | 2.45 3 | 30 Very Good
    Sterling Ratio 0.61
    0.61
    		0.58 | 0.63 5 | 30 Very Good
    Sortino Ratio 0.99
    0.73
    		-0.06 | 1.62 3 | 30 Very Good
    Return data last Updated On : Aug. 18, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.41 0.40 0.37 | 0.41 3 | 35 Very Good
    3M Return % 1.32 1.29 1.23 | 1.32 1 | 34 Very Good
    6M Return % 2.59 2.55 2.43 | 2.76 2 | 34 Very Good
    1Y Return % 5.37 5.28 5.04 | 5.56 2 | 34 Very Good
    3Y Return % 6.12 6.10 5.89 | 6.27 17 | 30 Average
    5Y Return % 5.66 5.67 5.49 | 5.81 18 | 25 Average
    7Y Return % 5.04 5.08 4.98 | 5.12 18 | 19 Poor
    1Y SIP Return % 5.33 5.23 4.98 | 5.56 2 | 34 Very Good
    3Y SIP Return % 5.80 5.74 5.52 | 5.96 5 | 30 Very Good
    5Y SIP Return % 5.94 5.92 5.72 | 6.09 16 | 25 Average
    7Y SIP Return % 5.56 5.57 5.46 | 5.62 15 | 19 Average
    Standard Deviation 0.18 0.20 0.18 | 0.27 1 | 30 Very Good
    Semi Deviation 0.14 0.15 0.14 | 0.20 1 | 30 Very Good
    Sharpe Ratio 1.73 1.34 -0.16 | 2.45 3 | 30 Very Good
    Sterling Ratio 0.61 0.61 0.58 | 0.63 5 | 30 Very Good
    Sortino Ratio 0.99 0.73 -0.06 | 1.62 3 | 30 Very Good
    Return data last Updated On : Aug. 18, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 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
    18-08-2026 1427.9677 1433.0313
    17-08-2026 1427.7761 1432.8376
    14-08-2026 1427.1846 1432.2392
    13-08-2026 1426.9844 1432.0366
    12-08-2026 1426.7872 1431.8372
    11-08-2026 1426.5935 1431.6414
    10-08-2026 1426.4002 1431.4458
    07-08-2026 1425.8181 1430.857
    06-08-2026 1425.6289 1430.6654
    05-08-2026 1425.4282 1430.4625
    04-08-2026 1425.2382 1430.2702
    03-08-2026 1425.0473 1430.0771
    31-07-2026 1424.452 1429.475
    30-07-2026 1424.2073 1429.228
    29-07-2026 1424.0049 1429.0233
    28-07-2026 1423.7959 1428.8119
    27-07-2026 1423.5943 1428.608
    24-07-2026 1423.0038 1428.0107
    23-07-2026 1422.8161 1427.8208
    22-07-2026 1422.6076 1427.61
    21-07-2026 1422.4042 1427.4043
    20-07-2026 1422.2019 1427.1998

    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.