Nj Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 27
Rating
Growth Option 12-12-2025
NAV ₹1223.81(R) +0.01% ₹1227.97(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.72% 6.25% -% -% -%
Direct 5.82% 6.36% -% -% -%
Benchmark
SIP (XIRR) Regular 5.47% 6.06% -% -% -%
Direct 5.57% 6.17% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.45 2.82 0.62 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.16% 0.0% 0.0% - 0.12%
Fund AUM As on: 30/06/2025 233 Cr
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Uti Overnight Fund 3
Franklin India Overnight Fund 4
Invesco India Overnight Fund 5
Nippon India Overnight Fund 6
Mirae Asset Overnight Fund 7

NAV Date: 12-12-2025

Scheme Name NAV Rupee Change Percent Change
NJ Overnight Fund - Unclaimed Redemption Plan - Upto 3 Years 1066.83
0.1400
0.0100%
NJ Overnight Fund - Regular Plan - Growth Option 1223.81
0.1600
0.0100%
NJ Overnight Fund - Direct Plan - Growth Option 1227.97
0.1600
0.0100%

Review Date: 12-12-2025

Beginning of Analysis

NJ Overnight Fund is the 27th 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 NJ Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 3.45 which is lower than the category average of 3.95.
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.

NJ Overnight Fund Return Analysis

  • The fund has given a return of 0.42%, 1.32 and 2.67 in last one, three and six months respectively. In the same period the category average return was 0.43%, 1.33% and 2.68% respectively.
  • NJ Overnight Fund has given a return of 5.82% in last one year. In the same period the Overnight Fund category average return was 5.86%.
  • The fund has given a return of 6.36% in last three years and ranked 27.0th 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 SIP return of 5.57% in last one year whereas category average SIP return is 5.61%. The fund one year return rank in the category is 26th in 34 funds
  • The fund has SIP return of 6.17% in last three years and ranks 26th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (6.34%) in the category in last three years.

NJ Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.16 and semi deviation of 0.12. The category average standard deviation is 0.15 and semi deviation is 0.12.

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
    0.42
    		0.39 | 0.46 30 | 34 Poor
    3M Return % 1.29
    1.31
    		1.23 | 1.36 28 | 34 Poor
    6M Return % 2.62
    2.65
    		2.49 | 2.74 28 | 34 Poor
    1Y Return % 5.72
    5.78
    		5.43 | 5.97 27 | 34 Average
    3Y Return % 6.25
    6.32
    		6.03 | 6.51 29 | 32 Poor
    1Y SIP Return % 5.47
    5.53
    		5.19 | 5.73 28 | 34 Poor
    3Y SIP Return % 6.06
    6.13
    		5.81 | 6.31 29 | 32 Poor
    Standard Deviation 0.16
    0.15
    		0.14 | 0.16 26 | 30 Poor
    Semi Deviation 0.12
    0.12
    		0.12 | 0.13 23 | 30 Average
    Sharpe Ratio 3.45
    3.95
    		2.12 | 5.20 27 | 30 Poor
    Sterling Ratio 0.62
    0.63
    		0.60 | 0.65 27 | 30 Poor
    Sortino Ratio 2.82
    3.57
    		1.16 | 6.35 27 | 30 Poor
    Return data last Updated On : Dec. 12, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 28, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.42 0.43 0.41 | 0.46 28 | 34 Poor
    3M Return % 1.32 1.33 1.28 | 1.37 27 | 34 Average
    6M Return % 2.67 2.68 2.59 | 2.75 25 | 34 Average
    1Y Return % 5.82 5.86 5.64 | 6.00 25 | 34 Average
    3Y Return % 6.36 6.41 6.21 | 6.62 27 | 32 Poor
    1Y SIP Return % 5.57 5.61 5.40 | 5.76 26 | 34 Average
    3Y SIP Return % 6.17 6.22 6.02 | 6.34 26 | 32 Poor
    Standard Deviation 0.16 0.15 0.14 | 0.16 26 | 30 Poor
    Semi Deviation 0.12 0.12 0.12 | 0.13 23 | 30 Average
    Sharpe Ratio 3.45 3.95 2.12 | 5.20 27 | 30 Poor
    Sterling Ratio 0.62 0.63 0.60 | 0.65 27 | 30 Poor
    Sortino Ratio 2.82 3.57 1.16 | 6.35 27 | 30 Poor
    Return data last Updated On : Dec. 12, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 28, 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 Nj Overnight Fund NAV Regular Growth Nj Overnight Fund NAV Direct Growth
    12-12-2025 1223.8149 1227.9714
    11-12-2025 1223.6556 1227.8082
    10-12-2025 1223.4937 1227.6424
    09-12-2025 1223.3293 1227.4741
    08-12-2025 1223.1656 1227.3065
    05-12-2025 1222.6695 1226.7986
    04-12-2025 1222.5047 1226.6299
    03-12-2025 1222.3365 1226.4578
    02-12-2025 1222.1711 1226.2885
    01-12-2025 1222.0055 1226.1189
    28-11-2025 1221.4821 1225.5837
    27-11-2025 1221.3055 1225.4031
    26-11-2025 1221.1334 1225.2271
    25-11-2025 1220.9648 1225.0546
    24-11-2025 1220.7964 1224.8822
    21-11-2025 1220.2781 1224.3522
    20-11-2025 1220.1052 1224.1753
    19-11-2025 1219.9357 1224.002
    18-11-2025 1219.7691 1223.8314
    17-11-2025 1219.6047 1223.6631
    14-11-2025 1219.1013 1223.148
    13-11-2025 1218.9321 1222.9749
    12-11-2025 1218.7675 1222.8064

    Fund Launch Date: 01/Aug/2022
    Fund Category: Overnight Fund
    Investment Objective: The investment objective of the scheme is to seek to generate returns commensurate with risk of investments in overnight instruments.However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
    Fund Description: An open ended debt scheme investing in overnight securities with a relatively low interest rate risk and relatively low credit risk
    Fund Benchmark: NIFTY 1D Rate Index
    Source: Fund FactSheet

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