Nj Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 26
Rating
Growth Option 11-09-2026
NAV ₹1269.71(R) +0.01% ₹1274.95(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.11% 5.91% -% -% -%
Direct 5.21% 6.01% -% -% -%
Benchmark
SIP (XIRR) Regular 5.05% 5.55% -% -% -%
Direct 5.16% 5.65% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.98 0.47 0.6 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.2% 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
Baroda BNP Paribas Overnight Fund 6
Nippon India Overnight Fund 7

NAV Date: 11-09-2026

Scheme Name NAV Rupee Change Percent Change
NJ Overnight Fund - Regular Plan - Growth Option 1269.71
0.1600
0.0100%
NJ Overnight Fund - Direct Plan - Growth Option 1274.95
0.1600
0.0100%

Review Date: 11-09-2026

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 0.98 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.

NJ Overnight Fund Return Analysis

  • The fund has given a return of 0.41%, 1.28 and 2.58 in last one, three and six months respectively. In the same period the category average return was 0.41%, 1.27% and 2.58% respectively.
  • NJ Overnight Fund has given a return of 5.21% in last one year. In the same period the Overnight Fund category average return was 5.24%.
  • The fund has given a return of 6.01% 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 6.06%.
  • The fund has given a SIP return of 5.16% in last one year whereas category average SIP return is 5.18%. The fund one year return rank in the category is 27th in 36 funds
  • The fund has SIP return of 5.65% in last three years and ranks 25th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (5.9%) in the category in last three years.

NJ Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.2 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 % 0.40
    0.40
    		0.36 | 0.43 27 | 35 Average
    3M Return % 1.25
    1.25
    		1.15 | 1.30 25 | 34 Average
    6M Return % 2.53
    2.55
    		2.34 | 2.80 25 | 34 Average
    1Y Return % 5.11
    5.17
    		4.77 | 5.49 27 | 34 Average
    3Y Return % 5.91
    5.98
    		5.64 | 6.20 28 | 32 Poor
    1Y SIP Return % 5.05
    5.11
    		4.71 | 5.51 25 | 33 Average
    3Y SIP Return % 5.55
    5.61
    		5.24 | 5.88 26 | 31 Poor
    Standard Deviation 0.20
    0.20
    		0.18 | 0.27 21 | 30 Average
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 10 | 30 Good
    Sharpe Ratio 0.98
    1.34
    		-0.16 | 2.45 27 | 30 Poor
    Sterling Ratio 0.60
    0.61
    		0.58 | 0.63 28 | 30 Poor
    Sortino Ratio 0.47
    0.73
    		-0.06 | 1.62 27 | 30 Poor
    Return data last Updated On : Sept. 11, 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 % 0.41 0.41 0.38 | 0.42 28 | 37 Average
    3M Return % 1.28 1.27 1.20 | 1.29 25 | 36 Average
    6M Return % 2.58 2.58 2.45 | 2.80 26 | 36 Average
    1Y Return % 5.21 5.24 4.98 | 5.51 27 | 36 Average
    3Y Return % 6.01 6.06 5.85 | 6.22 27 | 32 Poor
    1Y SIP Return % 5.16 5.18 4.91 | 5.51 27 | 36 Average
    3Y SIP Return % 5.65 5.69 5.46 | 5.90 25 | 32 Poor
    Standard Deviation 0.20 0.20 0.18 | 0.27 21 | 30 Average
    Semi Deviation 0.15 0.15 0.14 | 0.20 10 | 30 Good
    Sharpe Ratio 0.98 1.34 -0.16 | 2.45 27 | 30 Poor
    Sterling Ratio 0.60 0.61 0.58 | 0.63 28 | 30 Poor
    Sortino Ratio 0.47 0.73 -0.06 | 1.62 27 | 30 Poor
    Return data last Updated On : Sept. 11, 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 Nj Overnight Fund NAV Regular Growth Nj Overnight Fund NAV Direct Growth
    11-09-2026 1269.7139 1274.9475
    10-09-2026 1269.5561 1274.7858
    09-09-2026 1269.405 1274.6308
    08-09-2026 1269.259 1274.4809
    07-09-2026 1269.1036 1274.3215
    04-09-2026 1268.6417 1273.8479
    03-09-2026 1268.4881 1273.6903
    02-09-2026 1268.339 1273.5373
    01-09-2026 1268.1818 1273.3762
    31-08-2026 1268.022 1273.2124
    28-08-2026 1267.5176 1272.6961
    27-08-2026 1267.3501 1272.5247
    26-08-2026 1267.1809 1272.3515
    25-08-2026 1267.0132 1272.1797
    24-08-2026 1266.8468 1272.0094
    21-08-2026 1266.3332 1271.4838
    20-08-2026 1266.1634 1271.3101
    19-08-2026 1265.9956 1271.1383
    18-08-2026 1265.8313 1270.9701
    17-08-2026 1265.6654 1270.8002
    14-08-2026 1265.1585 1270.2814
    13-08-2026 1264.9896 1270.1085
    12-08-2026 1264.8184 1269.9333
    11-08-2026 1264.6506 1269.7615

    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.