JM Overnight Fund · Regular · Growth
NAV
₹1392.0734
as of 29 Sept 2026
Expense Ratio
0.19%
AUM
₹135 Cr
Lumpsum returns (CAGR)
- 1Y
- +5.01%
- 3Y
- +5.86%
- 5Y
- +5.58%
- Since Inception
- +4.97%
SIP returns (XIRR)
- 1Y
- +4.95%
- 3Y
- +5.50%
- 5Y
- +5.73%
- Since Inception
- +5.46%
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 —.
What history actually did — last 6 years (Sept 2020 – Sept 2026)
A ₹5,000 monthly SIP for the last 6 years (Sept 2020 – Sept 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹4,26,180 today — ₹3,60,000 invested, 5.6% XIRR.
₹3,60,000
Invested
₹4,26,180
Value today
5.6%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 6 years (Sept 2020 – Sept 2026)
Real NAV backtest
₹1,00,000 invested 6 years ago would be ₹1,35,190 today (5.2% CAGR).
A regular withdrawal plan (SWP)
Real NAV backtest
A ₹10,00,000 corpus withdrawing ₹5,000/month since Sept 2020 would still hold ₹9,25,724.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 6 years (Sept 2020 – Sept 2026) (3 Jun 2024) would be ₹1,13,528 today (1.14×).
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-44.39
Sharpe Ratio
—
Alpha
—
Beta
-14.71
Sortino
0.06%
Std Dev
0.00%
Max Drawdown
Performance Comparison
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Fund Details
Available transactions
What this fund does
JM 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
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 ₹135 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 1D Rate Index. The current expense ratio is 0.19%.
Who Should Invest?
- •Investors looking to park surplus cash for very short periods