Nj Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 6
Rating
Growth Option 27-01-2026
NAV ₹1231.6(R) +0.05% ₹1235.94(D) +0.05%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.53% 6.21% -% -% -%
Direct 5.64% 6.32% -% -% -%
Benchmark
SIP (XIRR) Regular 5.35% 5.97% -% -% -%
Direct 5.45% 6.08% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.25 2.62 0.62 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.16% 0.0% 0.0% - 0.12%
Fund AUM As on: 30/12/2025 307 Cr
Top Overnight Fund
Fund Name Rank Rating
Hsbc Overnight Fund 1
quant Overnight Fund 2
TRUSTMF Overnight Fund 3
Shriram Overnight Fund 4
Jm Overnight Fund 5
NJ Overnight Fund 6
Bank of India Overnight Fund 7

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
NJ Overnight Fund - Unclaimed Redemption Plan - Upto 3 Years 1073.76
0.5900
0.0500%
NJ Overnight Fund - Regular Plan - Growth Option 1231.6
0.6600
0.0500%
NJ Overnight Fund - Direct Plan - Growth Option 1235.94
0.6800
0.0500%

Review Date: 27-01-2026

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 3.25 which is higher 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.

NJ Overnight Fund Return Analysis

  • The fund has given a return of 0.41%, 1.31 and 2.66 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.
  • NJ Overnight Fund has given a return of 5.64% in last one year. In the same period the Overnight Fund category average return was 5.68%.
  • The fund has given a return of 6.32% 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 6.37%.
  • The fund has given a SIP return of 5.45% in last one year whereas category average SIP return is 5.5%. The fund one year return rank in the category is 27th in 34 funds
  • The fund has SIP return of 6.08% in last three years and ranks 26th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (6.25%) 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 0.3 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 29 | 34 Poor
    3M Return % 1.28
    1.31
    		1.22 | 1.36 30 | 34 Poor
    6M Return % 2.60
    2.64
    		2.47 | 2.73 28 | 34 Poor
    1Y Return % 5.53
    5.60
    		5.25 | 5.79 28 | 34 Poor
    3Y Return % 6.21
    6.28
    		5.98 | 6.46 29 | 32 Poor
    1Y SIP Return % 5.35
    5.43
    		5.07 | 5.60 28 | 34 Poor
    3Y SIP Return % 5.97
    6.05
    		5.72 | 6.22 29 | 32 Poor
    Standard Deviation 0.16
    0.30
    		0.15 | 0.33 3 | 31 Very Good
    Semi Deviation 0.12
    0.27
    		0.12 | 0.31 3 | 31 Very Good
    Sharpe Ratio 3.25
    1.71
    		0.48 | 3.84 6 | 31 Very Good
    Sterling Ratio 0.62
    0.62
    		0.58 | 0.65 7 | 31 Very Good
    Sortino Ratio 2.62
    0.98
    		0.16 | 3.60 6 | 31 Very Good
    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 27 | 34 Average
    3M Return % 1.31 1.33 1.27 | 1.37 28 | 34 Poor
    6M Return % 2.66 2.68 2.58 | 2.75 28 | 34 Poor
    1Y Return % 5.64 5.68 5.45 | 5.82 26 | 34 Average
    3Y Return % 6.32 6.37 6.17 | 6.57 27 | 32 Poor
    1Y SIP Return % 5.45 5.50 5.28 | 5.63 27 | 34 Average
    3Y SIP Return % 6.08 6.13 5.94 | 6.25 26 | 32 Poor
    Standard Deviation 0.16 0.30 0.15 | 0.33 3 | 31 Very Good
    Semi Deviation 0.12 0.27 0.12 | 0.31 3 | 31 Very Good
    Sharpe Ratio 3.25 1.71 0.48 | 3.84 6 | 31 Very Good
    Sterling Ratio 0.62 0.62 0.58 | 0.65 7 | 31 Very Good
    Sortino Ratio 2.62 0.98 0.16 | 3.60 6 | 31 Very Good
    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 Nj Overnight Fund NAV Regular Growth Nj Overnight Fund NAV Direct Growth
    27-01-2026 1231.6033 1235.942
    23-01-2026 1230.9421 1235.265
    22-01-2026 1230.7784 1235.0973
    21-01-2026 1230.6103 1234.9253
    20-01-2026 1230.4404 1234.7513
    19-01-2026 1230.2735 1234.5805
    16-01-2026 1229.7708 1234.0659
    14-01-2026 1229.4289 1233.716
    13-01-2026 1229.2576 1233.5407
    12-01-2026 1229.0865 1233.3657
    09-01-2026 1228.5788 1232.8461
    08-01-2026 1228.4097 1232.673
    07-01-2026 1228.2357 1232.495
    06-01-2026 1228.0677 1232.3231
    05-01-2026 1227.9036 1232.155
    02-01-2026 1227.3993 1231.6388
    01-01-2026 1227.1821 1231.4176
    31-12-2025 1227.0124 1231.2438
    30-12-2025 1226.8386 1231.0661
    29-12-2025 1226.6677 1230.8913

    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.