Nj Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 26
Rating
Growth Option 19-10-2026
NAV ₹1276.45(R) +0.05% ₹1281.83(D) +0.05%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.07% 5.85% -% -% -%
Direct 5.18% 5.96% -% -% -%
Benchmark
SIP (XIRR) Regular 5.08% 5.5% -% -% -%
Direct 5.18% 5.61% -% -% -%
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: 19-10-2026

Scheme Name NAV Rupee Change Percent Change
NJ Overnight Fund - Regular Plan - Growth Option 1276.45
0.5800
0.0500%
NJ Overnight Fund - Direct Plan - Growth Option 1281.83
0.5900
0.0500%

Review Date: 19-10-2026

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 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%, 1.26 and 2.56 in last one, three and six months respectively. In the same period the category average return was 0.4%, 1.25% and 2.55% respectively.
  • NJ Overnight Fund has given a return of 5.18% in last one year. In the same period the Overnight Fund category average return was 5.2%.
  • The fund has given a return of 5.96% 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 6.0%.
  • The fund has given a SIP return of 5.18% in last one year whereas category average SIP return is 4.76%. The fund one year return rank in the category is 26th in 36 funds
  • The fund has SIP return of 5.61% in last three years and ranks 24th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (5.84%) 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
    		0.37 | 0.42 10 | 35 Good
    3M Return % 1.23
    1.24
    		1.13 | 1.28 25 | 35 Average
    6M Return % 2.51
    2.52
    		2.34 | 2.75 23 | 34 Average
    1Y Return % 5.07
    5.13
    		4.74 | 5.45 27 | 34 Average
    3Y Return % 5.85
    5.92
    		5.58 | 6.14 28 | 32 Poor
    1Y SIP Return % 5.08
    4.66
    		-10.28 | 5.45 25 | 34 Average
    3Y SIP Return % 5.50
    5.50
    		3.84 | 5.82 26 | 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 : Oct. 19, 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 0.40 0.39 | 0.43 3 | 37 Very Good
    3M Return % 1.26 1.25 1.18 | 1.30 27 | 37 Average
    6M Return % 2.56 2.55 2.43 | 2.75 24 | 36 Average
    1Y Return % 5.18 5.20 4.94 | 5.47 27 | 36 Average
    3Y Return % 5.96 6.00 5.79 | 6.17 27 | 32 Poor
    1Y SIP Return % 5.18 4.76 -10.23 | 5.46 26 | 36 Average
    3Y SIP Return % 5.61 5.59 3.91 | 5.84 24 | 32 Average
    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 : Oct. 19, 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
    19-10-2026 1276.4474 1281.8347
    16-10-2026 1275.8705 1281.2455
    15-10-2026 1275.6766 1281.0474
    14-10-2026 1275.4802 1280.8469
    13-10-2026 1275.2886 1280.6512
    12-10-2026 1275.1035 1280.462
    09-10-2026 1274.563 1279.9093
    08-10-2026 1274.3843 1279.7265
    07-10-2026 1274.2052 1279.5434
    06-10-2026 1274.0259 1279.36
    05-10-2026 1273.8537 1279.1838
    01-10-2026 1273.0816 1278.3952
    30-09-2026 1272.9047 1278.2143
    29-09-2026 1272.7373 1278.0429
    28-09-2026 1272.5684 1277.87
    25-09-2026 1272.053 1277.3426
    24-09-2026 1271.8819 1277.1674
    23-09-2026 1271.7118 1276.9933
    22-09-2026 1271.5424 1276.8199
    21-09-2026 1271.3694 1276.6429

    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.