Previously Known As : Indiabulls Overnight Fund
Groww Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 29
Rating
Growth Option 14-05-2026
NAV ₹1387.1(R) +0.01% ₹1396.06(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.18% 6.04% 5.34% -% -%
Direct 5.29% 6.14% 5.44% -% -%
Benchmark
SIP (XIRR) Regular 5.11% 5.74% 5.75% -% -%
Direct 5.22% 5.85% 5.85% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.33 0.68 0.61 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.19% 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
Nippon India Overnight Fund 6
Mirae Asset Overnight Fund 7

NAV Date: 14-05-2026

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) 1001.35
0.1300
0.0100%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Fortnightly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1001.39
0.1300
0.0100%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment) 1001.46
0.0000
0.0000%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Weekly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1002.63
0.1400
0.0100%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Monthly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1002.68
0.1300
0.0100%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Monthly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1002.74
0.1300
0.0100%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Fortnightly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment) 1215.21
0.1600
0.0100%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Growth Option 1387.1
0.1800
0.0100%
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- Growth Option 1396.06
0.1900
0.0100%

Review Date: 14-05-2026

Beginning of Analysis

In the Overnight Fund category, Groww Overnight Fund is the 28th ranked fund. 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 1.33 which is lower 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.

Groww Overnight Fund Return Analysis

  • The fund has given a return of 0.39%, 1.2 and 2.52 in last one, three and six months respectively. In the same period the category average return was 0.4%, 1.21% and 2.55% respectively.
  • Groww Overnight Fund has given a return of 5.29% in last one year. In the same period the Overnight Fund category average return was 5.34%.
  • The fund has given a return of 6.14% 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 6.21%.
  • The fund has given a return of 5.44% 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 5.56%.
  • The fund has given a SIP return of 5.22% in last one year whereas category average SIP return is 5.26%. The fund one year return rank in the category is 26th in 34 funds
  • The fund has SIP return of 5.85% in last three years and ranks 26th in 31 funds. Bank of India Overnight Fund has given the highest SIP return (6.02%) in the category in last three years.
  • The fund has SIP return of 5.85% in last five years whereas category average SIP return is 5.95%.

Groww Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.19 and semi deviation of 0.15. 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 % 0.39
    0.39
    		0.37 | 0.40 30 | 35 Poor
    3M Return % 1.18
    1.19
    		1.09 | 1.23 28 | 35 Poor
    6M Return % 2.47
    2.51
    		2.31 | 2.59 29 | 35 Poor
    1Y Return % 5.18
    5.26
    		4.90 | 5.44 29 | 34 Poor
    3Y Return % 6.04
    6.13
    		5.81 | 6.30 30 | 32 Poor
    5Y Return % 5.34
    5.47
    		5.29 | 5.63 26 | 27 Poor
    1Y SIP Return % 5.11
    5.19
    		4.81 | 5.35 29 | 34 Poor
    3Y SIP Return % 5.74
    5.82
    		5.47 | 5.99 29 | 32 Poor
    5Y SIP Return % 5.75
    5.87
    		5.65 | 6.03 26 | 27 Poor
    Standard Deviation 0.19
    0.19
    		0.17 | 0.26 25 | 31 Poor
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 9 | 31 Good
    Sharpe Ratio 1.33
    1.92
    		0.37 | 2.86 29 | 31 Poor
    Sterling Ratio 0.61
    0.62
    		0.59 | 0.64 29 | 31 Poor
    Sortino Ratio 0.68
    1.10
    		0.15 | 1.91 29 | 31 Poor
    Return data last Updated On : May 14, 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 % 0.39 0.40 0.38 | 0.41 27 | 37 Average
    3M Return % 1.20 1.21 1.14 | 1.23 26 | 37 Average
    6M Return % 2.52 2.55 2.42 | 2.61 29 | 37 Average
    1Y Return % 5.29 5.34 5.11 | 5.47 27 | 35 Average
    3Y Return % 6.14 6.21 6.01 | 6.37 29 | 32 Poor
    5Y Return % 5.44 5.56 5.39 | 5.66 26 | 27 Poor
    1Y SIP Return % 5.22 5.26 5.01 | 5.38 26 | 34 Average
    3Y SIP Return % 5.85 5.90 5.68 | 6.02 26 | 31 Poor
    5Y SIP Return % 5.85 5.95 5.76 | 6.06 25 | 26 Poor
    Standard Deviation 0.19 0.19 0.17 | 0.26 25 | 31 Poor
    Semi Deviation 0.15 0.15 0.14 | 0.20 9 | 31 Good
    Sharpe Ratio 1.33 1.92 0.37 | 2.86 29 | 31 Poor
    Sterling Ratio 0.61 0.62 0.59 | 0.64 29 | 31 Poor
    Sortino Ratio 0.68 1.10 0.15 | 1.91 29 | 31 Poor
    Return data last Updated On : May 14, 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 Groww Overnight Fund NAV Regular Growth Groww Overnight Fund NAV Direct Growth
    14-05-2026 1387.1027 1396.0593
    13-05-2026 1386.9211 1395.8722
    12-05-2026 1386.738 1395.6837
    11-05-2026 1386.5535 1395.4934
    08-05-2026 1385.9909 1394.9141
    07-05-2026 1385.8077 1394.7256
    06-05-2026 1385.6239 1394.5364
    05-05-2026 1385.4414 1394.3484
    04-05-2026 1385.2596 1394.1612
    30-04-2026 1384.4933 1393.3728
    29-04-2026 1384.3019 1393.1756
    28-04-2026 1384.1188 1392.9865
    27-04-2026 1383.937 1392.7996
    24-04-2026 1383.3945 1392.2409
    23-04-2026 1383.2175 1392.0586
    22-04-2026 1383.0339 1391.8693
    21-04-2026 1382.8481 1391.6778
    20-04-2026 1382.6644 1391.4883
    17-04-2026 1382.1226 1390.9297
    16-04-2026 1381.945 1390.7469
    15-04-2026 1381.771 1390.5679

    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.