Previously Known As : Indiabulls Overnight Fund
Groww Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 27
Rating
Growth Option 23-10-2026
NAV ₹1417.48(R) +0.01% ₹1427.35(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.04% 5.84% 5.52% 4.88% -%
Direct 5.15% 5.95% 5.62% 4.97% -%
Benchmark
SIP (XIRR) Regular 5.01% 5.46% 5.69% 5.37% -%
Direct 5.12% 5.57% 5.79% 5.47% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.99 0.48 0.6 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.21% 0.0% 0.0% - 0.15%
Fund AUM As on: 30/12/2025 93 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
Baroda BNP Paribas Overnight Fund 6
Nippon India Overnight Fund 7

NAV Date: 23-10-2026

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) 1001.05
0.0000
0.0000%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Weekly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1001.54
0.1500
0.0200%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment) 1001.55
0.0000
0.0000%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Fortnightly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1002.49
0.1500
0.0100%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Weekly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1002.95
0.1500
0.0200%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Monthly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1004.42
0.1500
0.0100%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Monthly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1004.53
0.1500
0.0200%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Fortnightly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1216.76
0.1900
0.0200%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Growth Option 1417.48
0.2100
0.0100%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Growth Option 1427.35
0.2200
0.0200%

Review Date: 23-10-2026

Beginning of Analysis

Groww Overnight Fund is the 28th ranked fund in the Overnight Fund category. 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 0.99 which is lower 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.

Groww Overnight Fund Return Analysis

  • The fund has given a return of 0.43%, 1.25 and 2.53 in last one, three and six months respectively. In the same period the category average return was 0.44%, 1.27% and 2.58% respectively.
  • Groww Overnight Fund has given a return of 5.15% in last one year. In the same period the Overnight Fund category average return was 5.22%.
  • The fund has given a return of 5.95% in last three years and ranked 29.0th out of thirty two funds in the category. In the same period the Overnight Fund category average return was 6.0%.
  • The fund has given a return of 5.62% in last five years and ranked 26th out of twenty seven funds in the category. In the same period the Overnight Fund category average return was 5.74%.
  • The fund has given a SIP return of 5.12% in last one year whereas category average SIP return is 5.2%. The fund one year return rank in the category is 28th in 36 funds
  • The fund has SIP return of 5.57% in last three years and ranks 28th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (5.84%) in the category in last three years.
  • The fund has SIP return of 5.79% in last five years whereas category average SIP return is 5.89%.

Groww Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.21 and semi deviation of 0.15. 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 % 0.42
    0.43
    		0.40 | 0.45 33 | 35 Poor
    3M Return % 1.22
    1.26
    		1.15 | 1.30 32 | 35 Poor
    6M Return % 2.48
    2.54
    		2.35 | 2.77 30 | 34 Poor
    1Y Return % 5.04
    5.14
    		4.75 | 5.46 30 | 34 Poor
    3Y Return % 5.84
    5.92
    		5.57 | 6.14 30 | 32 Poor
    5Y Return % 5.52
    5.66
    		5.45 | 5.85 26 | 27 Poor
    7Y Return % 4.88
    5.00
    		4.88 | 5.07 23 | 23 Poor
    1Y SIP Return % 5.01
    5.12
    		4.72 | 5.46 30 | 34 Poor
    3Y SIP Return % 5.46
    5.56
    		5.19 | 5.82 29 | 32 Poor
    5Y SIP Return % 5.69
    5.81
    		5.58 | 6.02 26 | 27 Poor
    7Y SIP Return % 5.37
    5.50
    		5.37 | 5.58 23 | 23 Poor
    Standard Deviation 0.21
    0.20
    		0.18 | 0.27 25 | 30 Poor
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 25 | 30 Poor
    Sharpe Ratio 0.99
    1.34
    		-0.16 | 2.45 26 | 30 Poor
    Sterling Ratio 0.60
    0.61
    		0.58 | 0.63 26 | 30 Poor
    Sortino Ratio 0.48
    0.73
    		-0.06 | 1.62 26 | 30 Poor
    Return data last Updated On : Oct. 23, 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

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.43 0.44 0.42 | 0.46 32 | 37 Poor
    3M Return % 1.25 1.27 1.20 | 1.32 31 | 37 Poor
    6M Return % 2.53 2.58 2.45 | 2.77 30 | 36 Poor
    1Y Return % 5.15 5.22 4.96 | 5.48 28 | 36 Poor
    3Y Return % 5.95 6.00 5.79 | 6.16 29 | 32 Poor
    5Y Return % 5.62 5.74 5.56 | 5.88 26 | 27 Poor
    7Y Return % 4.97 5.09 4.97 | 5.14 23 | 23 Poor
    1Y SIP Return % 5.12 5.20 4.93 | 5.47 28 | 36 Poor
    3Y SIP Return % 5.57 5.64 5.40 | 5.84 28 | 32 Poor
    5Y SIP Return % 5.79 5.89 5.69 | 6.05 26 | 27 Poor
    7Y SIP Return % 5.47 5.58 5.47 | 5.63 23 | 23 Poor
    Standard Deviation 0.21 0.20 0.18 | 0.27 25 | 30 Poor
    Semi Deviation 0.15 0.15 0.14 | 0.20 25 | 30 Poor
    Sharpe Ratio 0.99 1.34 -0.16 | 2.45 26 | 30 Poor
    Sterling Ratio 0.60 0.61 0.58 | 0.63 26 | 30 Poor
    Sortino Ratio 0.48 0.73 -0.06 | 1.62 26 | 30 Poor
    Return data last Updated On : Oct. 23, 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 Groww Overnight Fund NAV Regular Growth Groww Overnight Fund NAV Direct Growth
    23-10-2026 1417.4796 1427.3456
    22-10-2026 1417.2675 1427.1277
    21-10-2026 1417.0569 1426.9111
    19-10-2026 1416.6468 1426.4895
    16-10-2026 1416.0232 1425.8484
    15-10-2026 1415.8142 1425.6336
    14-10-2026 1415.6013 1425.4146
    13-10-2026 1415.3954 1425.2031
    12-10-2026 1415.199 1425.0009
    09-10-2026 1414.6063 1424.3909
    08-10-2026 1414.4145 1424.1935
    07-10-2026 1414.2195 1423.9927
    06-10-2026 1414.0218 1423.789
    05-10-2026 1413.8235 1423.5852
    01-10-2026 1413.0455 1422.7841
    30-09-2026 1412.852 1422.5851
    29-09-2026 1412.665 1422.3923
    28-09-2026 1412.4814 1422.2031
    25-09-2026 1411.9131 1421.6175
    24-09-2026 1411.7264 1421.4252
    23-09-2026 1411.5388 1421.2316

    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.