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Overnight📊 NIFTY 1D Rate Index(SEBI default)

Groww Overnight Fund · Regular · Growth

Groww Mutual Fund

#30 of 35 (1Y)

NAV

₹1412.8520

as of 30 Sept 2026

Expense Ratio

0.29%

AUM

₹153 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.04%
3Y
+5.86%
5Y
+5.49%
Since Inception
+4.90%

SIP returns (XIRR)

1Y
+4.98%
3Y
+5.51%
5Y
+5.69%
Since Inception
+5.33%

What history actually did — last 7 years (Oct 2019 – Sept 2026)

A ₹5,000 monthly SIP for the last 7 years (Oct 2019 – Sept 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹5,00,562 today — ₹4,15,000 invested, 5.4% XIRR.

₹4,15,000

Invested

₹5,00,562

Value today

5.4%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 7 years (Oct 2019 – Sept 2026)

Real NAV backtest

₹1,00,000 invested 7 years ago would be ₹1,39,464 today (4.9% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Oct 2019 would still hold ₹8,94,081.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 7 years (Oct 2019 – Sept 2026) (22 Mar 2020) would be ₹1,36,441 today (1.36×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

-31.25

Sharpe Ratio

—

Alpha

—

Beta

-13.71

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

What this fund does

Groww Overnight Fund · Regular · Growth invests in overnight securities with a maturity of 1 business day. These funds carry very low credit and interest rate risk, with returns typically close to short-term money market rates.

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 7 years. It manages assets worth ₹153 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 1D Rate Index. The current expense ratio is 0.29%.

Who Should Invest?

  • •Investors looking to park surplus cash for very short periods
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