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Overnight📊 NIFTY 1D Rate Index(SEBI default)

Nj Overnight Fund · Regular · Growth

NJ Mutual Fund

#23 of 29 (1Y)

NAV

₹1255.0545

as of 17 Jun 2026

Expense Ratio

0.15%

AUM

₹369 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.16%
3Y
+6.02%
5Y
Since Inception
+6.04%

SIP returns (XIRR)

1Y
+5.11%
3Y
+5.70%
5Y
Since Inception
+5.85%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹23,000

Invested

₹25,672

Value today

5.8%

XIRR (p.a.)

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

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1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,254

Value today

6.0%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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Risk Metrics

Trailing 1 year, annualised

-61.78

Sharpe Ratio

Alpha

Beta

-15.40

Sortino

0.04%

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

Investment Objective

Nj 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

Nj Overnight Fund · Regular · Growth is a Overnight mutual fund offered by NJ Mutual Fund. The fund has been operational for over 3 years. It manages assets worth ₹369 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 1D Rate Index. The current expense ratio is 0.15%.

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