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Overnight📊 NIFTY 1D Rate Index(SEBI default)

Nj Overnight Fund · Regular · Growth

NJ Mutual Fund

#27 of 35 (1Y)

NAV

₹1272.7373

as of 29 Sept 2026

Expense Ratio

0.17%

AUM

₹372 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.09%
3Y
+5.88%
5Y
—
Since Inception
+5.97%

SIP returns (XIRR)

1Y
+5.05%
3Y
+5.54%
5Y
—
Since Inception
+5.74%

What history actually did — last 4 years (Oct 2022 – Sept 2026)

A ₹5,000 monthly SIP for the last 4 years (Oct 2022 – Sept 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹2,62,655 today — ₹2,35,000 invested, 5.7% XIRR.

₹2,35,000

Invested

₹2,62,655

Value today

5.7%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 4 years (Oct 2022 – Sept 2026)

Real NAV backtest

₹1,00,000 invested 4 years ago would be ₹1,26,142 today (6.0% CAGR).

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 4 years (Oct 2022 – Sept 2026) (3 Jun 2024) would be ₹1,13,599 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

-39.81

Sharpe Ratio

—

Alpha

—

Beta

-14.60

Sortino

0.07%

Std Dev

0.00%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseNJ Mutual Fund
CategoryOvernight
BenchmarkNIFTY 1D Rate Index
Launch Date01 Aug 2022
AMFI Code150368
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹100
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

What this fund does

Nj 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

Nj Overnight Fund · Regular · Growth is a Overnight mutual fund offered by NJ Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹372 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 1D Rate Index. The current expense ratio is 0.17%.

Who Should Invest?

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