Previously Known As : Indiabulls Overnight Fund
Groww Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 29
Rating
Growth Option 27-01-2026
NAV ₹1367.57(R) +0.05% ₹1375.97(D) +0.05%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.5% 6.15% 5.23% -% -%
Direct 5.61% 6.25% 5.32% -% -%
Benchmark
SIP (XIRR) Regular 5.33% 5.96% 5.78% -% -%
Direct 5.43% 6.07% 5.88% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.92 0.32 0.6 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.33% 0.0% 0.0% - 0.29%
Fund AUM As on: 30/12/2025 93 Cr

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Fortnightly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1000.91
-1.4700
-0.1500%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Weekly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1001.0
-0.4500
-0.0500%
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) 1001.36
0.0000
0.0000%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Weekly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1002.17
-0.3600
-0.0400%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Monthly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1004.96
0.5400
0.0500%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Monthly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1004.98
0.5300
0.0500%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Fortnightly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1214.78
-1.8100
-0.1500%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Growth Option 1367.57
0.7200
0.0500%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Growth Option 1375.97
0.7300
0.0500%

Review Date: 27-01-2026

Beginning of Analysis

Groww Overnight Fund is the 28th ranked fund in the Overnight Fund category. The category has total 29 funds. The 1 star rating shows a very poor past performance of the Groww Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 0.92 which is lower than the category average of 1.71.
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 0.41%, 1.31 and 2.65 in last one, three and six months respectively. In the same period the category average return was 0.42%, 1.33% and 2.68% respectively.
  • Groww Overnight Fund has given a return of 5.61% in last one year. In the same period the Overnight Fund category average return was 5.68%.
  • The fund has given a return of 6.25% 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 6.37%.
  • The fund has given a return of 5.32% 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 5.44%.
  • The fund has given a SIP return of 5.43% in last one year whereas category average SIP return is 5.5%. The fund one year return rank in the category is 29th in 34 funds
  • The fund has SIP return of 6.07% in last three years and ranks 29th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (6.25%) in the category in last three years.
  • The fund has SIP return of 5.88% in last five years whereas category average SIP return is 5.98%.

Groww Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.33 and semi deviation of 0.29. The category average standard deviation is 0.3 and semi deviation is 0.27.

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 % 0.40
    0.41
    0.38 | 0.43 31 | 34 Poor
    3M Return % 1.28
    1.31
    1.22 | 1.36 29 | 34 Poor
    6M Return % 2.59
    2.64
    2.47 | 2.73 30 | 34 Poor
    1Y Return % 5.50
    5.60
    5.25 | 5.79 30 | 34 Poor
    3Y Return % 6.15
    6.28
    5.98 | 6.46 30 | 32 Poor
    5Y Return % 5.23
    5.36
    5.18 | 5.50 26 | 27 Poor
    1Y SIP Return % 5.33
    5.43
    5.07 | 5.60 30 | 34 Poor
    3Y SIP Return % 5.96
    6.05
    5.72 | 6.22 30 | 32 Poor
    5Y SIP Return % 5.78
    5.90
    5.69 | 6.06 26 | 27 Poor
    Standard Deviation 0.33
    0.30
    0.15 | 0.33 14 | 31 Good
    Semi Deviation 0.29
    0.27
    0.12 | 0.31 9 | 31 Good
    Sharpe Ratio 0.92
    1.71
    0.48 | 3.84 29 | 31 Poor
    Sterling Ratio 0.60
    0.62
    0.58 | 0.65 29 | 31 Poor
    Sortino Ratio 0.32
    0.98
    0.16 | 3.60 29 | 31 Poor
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.41 0.42 0.40 | 0.43 30 | 34 Poor
    3M Return % 1.31 1.33 1.27 | 1.37 27 | 34 Average
    6M Return % 2.65 2.68 2.58 | 2.75 29 | 34 Poor
    1Y Return % 5.61 5.68 5.45 | 5.82 29 | 34 Poor
    3Y Return % 6.25 6.37 6.17 | 6.57 30 | 32 Poor
    5Y Return % 5.32 5.44 5.29 | 5.54 26 | 27 Poor
    1Y SIP Return % 5.43 5.50 5.28 | 5.63 29 | 34 Poor
    3Y SIP Return % 6.07 6.13 5.94 | 6.25 29 | 32 Poor
    5Y SIP Return % 5.88 5.98 5.80 | 6.09 26 | 27 Poor
    Standard Deviation 0.33 0.30 0.15 | 0.33 14 | 31 Good
    Semi Deviation 0.29 0.27 0.12 | 0.31 9 | 31 Good
    Sharpe Ratio 0.92 1.71 0.48 | 3.84 29 | 31 Poor
    Sterling Ratio 0.60 0.62 0.58 | 0.65 29 | 31 Poor
    Sortino Ratio 0.32 0.98 0.16 | 3.60 29 | 31 Poor
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 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
    27-01-2026 1367.5721 1375.9746
    23-01-2026 1366.8569 1375.2401
    22-01-2026 1366.6835 1375.0618
    21-01-2026 1366.5108 1374.8844
    20-01-2026 1366.3217 1374.6904
    19-01-2026 1366.144 1374.5078
    16-01-2026 1365.5803 1373.9293
    14-01-2026 1365.1991 1373.5383
    13-01-2026 1365.0068 1373.341
    12-01-2026 1364.8166 1373.1457
    09-01-2026 1364.2391 1372.5534
    08-01-2026 1364.0471 1372.3566
    07-01-2026 1363.8531 1372.1575
    06-01-2026 1363.6669 1371.9656
    05-01-2026 1363.4798 1371.7737
    02-01-2026 1362.9031 1371.1821
    01-01-2026 1362.715 1370.9893
    31-12-2025 1362.5369 1370.8064
    30-12-2025 1362.3365 1370.6009
    29-12-2025 1362.1439 1370.4035

    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.