Nj Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 27
Rating
Growth Option 28-04-2026
NAV ₹1246.52(R) +0.01% ₹1251.21(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.23% 6.09% -% -% -%
Direct 5.33% 6.19% -% -% -%
Benchmark
SIP (XIRR) Regular 5.13% 5.78% -% -% -%
Direct 5.23% 5.88% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.51 0.79 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 307 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: 28-04-2026

Scheme Name NAV Rupee Change Percent Change
NJ Overnight Fund - Unclaimed Redemption Plan - Upto 3 Years 1086.85
0.1500
0.0100%
NJ Overnight Fund - Regular Plan - Growth Option 1246.52
0.1700
0.0100%
NJ Overnight Fund - Direct Plan - Growth Option 1251.21
0.1700
0.0100%

Review Date: 28-04-2026

Beginning of Analysis

In the Overnight Fund category, NJ Overnight Fund is the 27th ranked fund. 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 1.51 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.

NJ Overnight Fund Return Analysis

  • The fund has given a return of 0.4%, 1.22 and 2.54 in last one, three and six months respectively. In the same period the category average return was 0.4%, 1.23% and 2.57% respectively.
  • NJ Overnight Fund has given a return of 5.33% in last one year. In the same period the Overnight Fund category average return was 5.37%.
  • The fund has given a return of 6.19% in last three years and ranked 27.0th out of thirty two funds in the category. In the same period the Overnight Fund category average return was 6.24%.
  • The fund has given a SIP return of 5.23% in last one year whereas category average SIP return is 5.28%. The fund one year return rank in the category is 26th in 35 funds
  • The fund has SIP return of 5.88% in last three years and ranks 27th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (6.05%) in the category in last three years.

NJ 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
    		0.36 | 0.41 26 | 35 Average
    3M Return % 1.20
    1.21
    		1.11 | 1.25 27 | 35 Average
    6M Return % 2.49
    2.53
    		2.34 | 2.61 28 | 35 Poor
    1Y Return % 5.23
    5.29
    		4.93 | 5.47 28 | 34 Poor
    3Y Return % 6.09
    6.16
    		5.84 | 6.33 29 | 32 Poor
    1Y SIP Return % 5.13
    5.20
    		4.82 | 5.37 26 | 33 Average
    3Y SIP Return % 5.78
    5.85
    		5.50 | 6.02 27 | 31 Poor
    Standard Deviation 0.19
    0.19
    		0.17 | 0.26 27 | 31 Poor
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 25 | 31 Poor
    Sharpe Ratio 1.51
    1.92
    		0.37 | 2.86 28 | 31 Poor
    Sterling Ratio 0.61
    0.62
    		0.59 | 0.64 28 | 31 Poor
    Sortino Ratio 0.79
    1.10
    		0.15 | 1.91 28 | 31 Poor
    Return data last Updated On : April 28, 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 % 0.40 0.40 0.37 | 0.41 25 | 37 Average
    3M Return % 1.22 1.23 1.15 | 1.26 28 | 37 Average
    6M Return % 2.54 2.57 2.44 | 2.64 29 | 37 Average
    1Y Return % 5.33 5.37 5.14 | 5.50 26 | 35 Average
    3Y Return % 6.19 6.24 6.04 | 6.41 27 | 32 Poor
    1Y SIP Return % 5.23 5.28 5.02 | 5.40 26 | 35 Average
    3Y SIP Return % 5.88 5.93 5.71 | 6.05 27 | 32 Poor
    Standard Deviation 0.19 0.19 0.17 | 0.26 27 | 31 Poor
    Semi Deviation 0.15 0.15 0.14 | 0.20 25 | 31 Poor
    Sharpe Ratio 1.51 1.92 0.37 | 2.86 28 | 31 Poor
    Sterling Ratio 0.61 0.62 0.59 | 0.64 28 | 31 Poor
    Sortino Ratio 0.79 1.10 0.15 | 1.91 28 | 31 Poor
    Return data last Updated On : April 28, 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 Nj Overnight Fund NAV Regular Growth Nj Overnight Fund NAV Direct Growth
    28-04-2026 1246.516 1251.2138
    27-04-2026 1246.3505 1251.0444
    24-04-2026 1245.8542 1250.5366
    23-04-2026 1245.6892 1250.3677
    22-04-2026 1245.5217 1250.1964
    21-04-2026 1245.3519 1250.0226
    20-04-2026 1245.1856 1249.8525
    17-04-2026 1244.6978 1249.3532
    16-04-2026 1244.536 1249.1876
    15-04-2026 1244.3807 1249.0285
    13-04-2026 1244.064 1248.7041
    10-04-2026 1243.5908 1248.2194
    09-04-2026 1243.4355 1248.0603
    08-04-2026 1243.2774 1247.8984
    07-04-2026 1243.1183 1247.7365
    06-04-2026 1242.8994 1247.5126
    02-04-2026 1242.2434 1246.8413
    01-04-2026 1242.0785 1246.6725
    30-03-2026 1241.6604 1246.2462

    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.