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Overnight📊 NIFTY 1D Rate Index(SEBI default)

Groww Overnight Fund · Regular · Growth

Groww Mutual Fund

#24 of 29 (1Y)

NAV

₹1393.4891

as of 17 Jun 2026

Expense Ratio

see scheme documents

AUM

₹156 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.14%
3Y
+6.02%
5Y
+5.38%
Since Inception
+4.89%

SIP returns (XIRR)

1Y
+5.09%
3Y
+5.70%
5Y
+5.74%
Since Inception
+5.36%

SIP since inception — what ₹0.01/month became

Real NAV backtest from day one

₹1

Invested

₹1

Value today

5.4%

XIRR (p.a.)

0.01/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹4,15,000

Withdrawn

₹8,92,620

Corpus left

+₹3,07,620 net gain — withdrew ₹4,15,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,34,480

Value today

1.3×

Multiple

Staying invested through that crash turned ₹1L into ₹1,34,480 — a 1.3× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

-32.16

Sharpe Ratio

Alpha

Beta

-13.78

Sortino

0.08%

Std Dev

0.00%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseGroww Mutual Fund
CategoryOvernight
BenchmarkNIFTY 1D Rate Index
Launch Date08 Jul 2019
AMFI Code147454
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Groww Overnight Fund · Regular · Growth invests in overnight securities with a maturity of 1 business day. These funds carry virtually zero credit and interest rate risk, offering the highest safety among mutual funds with returns slightly above savings accounts.

About This Fund

Groww Overnight Fund · Regular · Growth is a Overnight mutual fund offered by Groww Mutual Fund. The fund has been operational for over 6 years. It manages assets worth ₹156 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 1D Rate Index.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Investors looking to park surplus cash for very short periods
  • SIP investors who can benefit from rupee cost averaging during market fluctuations