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Overnight📊 NIFTY 1D Rate Index(SEBI default)

JM Overnight Fund · Regular · Growth

JM Financial Mutual Fund

NAV

₹1373.2737

as of 17 Jun 2026

Expense Ratio

0.24%

AUM

₹90 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
3Y
5Y
Since Inception

SIP returns (XIRR)

1Y
3Y
5Y
Since Inception

Returns calculated from 13 December 2019 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.

Performance Comparison

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Fund Details

Fund HouseJM Financial Mutual Fund
CategoryOvernight
BenchmarkNIFTY 1D Rate Index
Launch Date03 Dec 2019
AMFI Code147836
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹500
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

JM 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

JM Overnight Fund · Regular · Growth is a Overnight mutual fund offered by JM Financial Mutual Fund. The fund has been operational for over 6 years. It manages assets worth ₹90.3 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 1D Rate Index. The current expense ratio is 0.24%.

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