Question 1

What are the best Overnight Mutual Funds in India?

Accepted Answer

The top performing fund in this category is BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years by Bank of India Mutual Fund with a 3-year CAGR of 6.38%. MFGenie ranks 49 funds in this category based on AMFI data updated daily.

Question 2

What is the average return of Overnight Mutual Funds?

Accepted Answer

The average 3-year CAGR of Overnight Mutual Funds is 4.94%. Returns are calculated using daily NAV data from AMFI. Past performance does not guarantee future results.

Question 3

How to invest in Overnight Mutual Funds?

Accepted Answer

You can invest in Overnight Mutual Funds online through MFU (Mutual Fund Utility) via MFGenie.ai. Compare funds by 1Y, 3Y, and 5Y returns, check expense ratios, and start a SIP or lumpsum investment.

Question 4

Are Overnight Mutual Funds safe to invest in?

Accepted Answer

Safest debt category. Invest in overnight securities. Near-zero risk, full liquidity. All mutual fund investments are subject to market risks. Check the fund's risk rating, expense ratio, and historical returns before investing. Consult a financial expert for personalised advice.

#	Fund	NAV	1Y	3Y	5Y	Since Inc.	AUM
1	BANK OF INDIA Overnight Fund Unclaimed Redemption Plan - Upto 3 Years Bank of India Mutual Fund	₹1288.55	+5.57%	+6.38%	—	+5.98%	—	Invest
2	BANK OF INDIA Overnight Fund Regular Plan Growth Bank of India Mutual Fund	₹1366.16	+5.56%	+6.36%	+5.58%	+5.16%	₹82.0 Cr	Invest
3	quant Overnight Fund - Growth Option - Regular Plan quant Mutual Fund	₹12.29	+5.20%	+6.33%	—	+6.34%	₹54.0 Cr	Invest
4	Baroda BNP Paribas Overnight Fund - Plan C - Unclaimed Redemption - Up to 3 years Baroda BNP Paribas Mutual Fund	₹1271.42	+5.49%	+6.31%	—	+6.06%	—	Invest
5	HSBC Overnight Fund - Unclaimed Redemption Below three years HSBC Mutual Fund	₹1253.04	+5.49%	+6.30%	—	+6.26%	—	Invest
6	Unclaimed Redemption - Upto 3 years (Invested in DSP Overnight Fund) DSP Mutual Fund	₹12.87	+5.46%	+6.29%	-1.38%	+5.85%	—	Invest
7	Axis Overnight Fund - Regular Plan - Growth Option Axis Mutual Fund	₹1422.87	+5.44%	+6.27%	+5.52%	+5.11%	₹10,566 Cr	Invest
8	Union Overnight Fund - Unclaimed Amounts Plan - Redemption Upto 3 years Union Mutual Fund	₹1279.12	+5.42%	+6.27%	—	+5.91%	—	Invest
9	Franklin India Overnight Fund- Unclaimed Redemption Plan Franklin Templeton Mutual Fund	₹12.77	+5.51%	+6.26%	—	+5.91%	—	Invest
10	UTI - Overnight Fund - Regular Plan - Growth Option UTI Mutual Fund	₹3652.02	+5.43%	+6.25%	+5.47%	+29.78%	₹5,552 Cr	Invest

Best Overnight Mutual Funds