Previously Known As : Indiabulls Overnight Fund
Groww Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 28
Rating
Growth Option 04-12-2025
NAV ₹1357.48(R) +0.03% ₹1365.62(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.72% 6.18% 5.16% -% -%
Direct 5.83% 6.28% 5.26% -% -%
Benchmark
SIP (XIRR) Regular 5.47% 6.06% 5.77% -% -%
Direct 5.58% 6.16% 5.87% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.95 2.66 0.62 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.15% 0.0% 0.0% - 0.11%
Fund AUM As on: 30/06/2025 22 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
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment) 1001.04
0.0000
0.0000%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment) 1001.31
0.0000
0.0000%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Weekly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1001.34
0.2800
0.0300%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Monthly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1001.79
0.2800
0.0300%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Monthly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1001.82
0.2800
0.0300%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Fortnightly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1002.21
0.2800
0.0300%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Weekly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1002.61
0.2900
0.0300%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Fortnightly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1216.23
0.3400
0.0300%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Growth Option 1357.48
0.3800
0.0300%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Growth Option 1365.62
0.3900
0.0300%

Review Date: 04-12-2025

Beginning of Analysis

In the Overnight Fund category, Groww Overnight Fund is the 28th ranked fund. The category has total 29 funds. The Groww Overnight Fund has shown a very poor past performence in Overnight Fund. The fund has a Sharpe Ratio of 2.95 which is lower 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.

Groww Overnight Fund Return Analysis

  • The fund has given a return of 0.43%, 1.32 and 2.66 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.
  • Groww Overnight Fund has given a return of 5.83% in last one year. In the same period the Overnight Fund category average return was 5.89%.
  • The fund has given a return of 6.28% in last three years and ranked 30.0th 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 5.26% in last five years and ranked 26th 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 5.58% in last one year whereas category average SIP return is 5.64%. The fund one year return rank in the category is 29th in 34 funds
  • The fund has SIP return of 6.16% in last three years and ranks 29th 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 5.87% in last five years whereas category average SIP return is 5.74%.

Groww Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.15 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 29 | 34 Poor
    3M Return % 1.29
    1.32
    		1.23 | 1.36 31 | 34 Poor
    6M Return % 2.60
    2.65
    		2.49 | 2.74 32 | 34 Poor
    1Y Return % 5.72
    5.81
    		5.46 | 6.01 31 | 34 Poor
    3Y Return % 6.18
    6.32
    		6.03 | 6.50 30 | 32 Poor
    5Y Return % 5.16
    5.29
    		5.12 | 5.43 26 | 27 Poor
    1Y SIP Return % 5.47
    5.56
    		5.21 | 5.76 31 | 34 Poor
    3Y SIP Return % 6.06
    6.14
    		5.83 | 6.33 29 | 31 Poor
    5Y SIP Return % 5.77
    5.66
    		5.13 | 6.06 17 | 27 Average
    Standard Deviation 0.15
    0.14
    		0.13 | 0.15 29 | 30 Poor
    Semi Deviation 0.11
    0.11
    		0.11 | 0.12 25 | 30 Poor
    Sharpe Ratio 2.95
    4.08
    		2.14 | 5.43 28 | 30 Poor
    Sterling Ratio 0.62
    0.63
    		0.61 | 0.65 28 | 30 Poor
    Sortino Ratio 2.66
    4.41
    		1.22 | 9.27 28 | 30 Poor
    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 27 | 34 Average
    3M Return % 1.32 1.33 1.28 | 1.38 28 | 34 Poor
    6M Return % 2.66 2.69 2.59 | 2.76 29 | 34 Poor
    1Y Return % 5.83 5.89 5.67 | 6.03 28 | 34 Poor
    3Y Return % 6.28 6.41 6.21 | 6.62 30 | 32 Poor
    5Y Return % 5.26 5.37 5.22 | 5.48 26 | 27 Poor
    1Y SIP Return % 5.58 5.64 5.42 | 5.79 29 | 34 Poor
    3Y SIP Return % 6.16 6.23 6.04 | 6.35 29 | 31 Poor
    5Y SIP Return % 5.87 5.74 5.21 | 6.09 17 | 27 Average
    Standard Deviation 0.15 0.14 0.13 | 0.15 29 | 30 Poor
    Semi Deviation 0.11 0.11 0.11 | 0.12 25 | 30 Poor
    Sharpe Ratio 2.95 4.08 2.14 | 5.43 28 | 30 Poor
    Sterling Ratio 0.62 0.63 0.61 | 0.65 28 | 30 Poor
    Sortino Ratio 2.66 4.41 1.22 | 9.27 28 | 30 Poor
    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 Groww Overnight Fund NAV Regular Growth Groww Overnight Fund NAV Direct Growth
    04-12-2025 1357.4809 1365.6188
    03-12-2025 1357.2913 1365.4244
    02-12-2025 1357.1049 1365.2331
    01-12-2025 1356.9194 1365.043
    28-11-2025 1356.3549 1364.4637
    27-11-2025 1356.1694 1364.2733
    26-11-2025 1355.9805 1364.0795
    25-11-2025 1355.7951 1363.8894
    24-11-2025 1355.6111 1363.7007
    21-11-2025 1355.0276 1363.1024
    20-11-2025 1354.8335 1362.9033
    19-11-2025 1354.6439 1362.7088
    18-11-2025 1354.4586 1362.5186
    17-11-2025 1354.2706 1362.3255
    14-11-2025 1353.7024 1361.7426
    13-11-2025 1353.5142 1361.5495
    12-11-2025 1353.3298 1361.3603
    11-11-2025 1353.1456 1361.1712
    10-11-2025 1352.9603 1360.9809
    07-11-2025 1352.4012 1360.4071
    06-11-2025 1352.2174 1360.2185
    04-11-2025 1351.8471 1359.8387

    Fund Launch Date: 20/Jun/2019
    Fund Category: Overnight Fund
    Investment Objective: The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securitieshaving maturity of 1 business day.
    Fund Description: Overnight Fund
    Fund Benchmark: CRISIL Overnight Index
    Source: Fund FactSheet

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