What are the best Overnight Mutual Funds in India?

There are 38 Overnight Mutual Funds in India. The top performer is BANK OF INDIA Overnight Fund Regular Plan Growth by Bank of India Mutual Fund with a 3-year CAGR of 6.28%. MFGenie shows 32 with a 3-year track record, ranked by CAGR. Data from AMFI, updated daily.

What is the average return of Overnight Mutual Funds?

The average 3-year CAGR is 6.06%. Past performance does not guarantee future results.

Best Overnight Mutual Funds

Safest debt category. Invest in overnight securities. Near-zero risk, full liquidity. Data from AMFI, updated daily.

38 funds in this category · showing top 32 ranked by 3-year return

Looking for the full directory? View all Overnight Mutual Funds

Category:

Less than One Year More than One Year

#	Scheme	AUM	NAV	1Y	3Y	5Y	10Y	Since Inception
1	Bank of India Overnight Fund · Regular · Growth Bank of India Mutual Fund	₹73.7 Cr	₹1386.21	+5.55%	+6.28%	+5.73%	—	+5.17% Jan 2020	Invest
2	quant Overnight Fund · Regular · Growth quant Mutual Fund	₹54.7 Cr	₹12.44	+5.06%	+6.18%	—	—	+6.24% Dec 2022	Invest
3	Axis Overnight Fund · Regular · Growth Axis Mutual Fund	₹12,830 Cr	₹1441.42	+5.33%	+6.15%	+5.62%	—	+5.11% Mar 2019	Invest
4	Bajaj Finserv Overnight Fund · Regular · Growth Bajaj Finserv Mutual Fund	₹982 Cr	₹1197.50	+5.34%	+6.13%	—	—	+6.14% Jul 2023	Invest
5	UTI Overnight Fund · Regular · Growth UTI Mutual Fund	₹5,507 Cr	₹3699.26	+5.29%	+6.11%	+5.59%	+5.39%	+5.96% Dec 2003	Invest
6	Invesco India Overnight Fund · Regular · Growth Invesco Mutual Fund	₹595 Cr	₹1375.99	+5.29%	+6.11%	+5.58%	—	+5.02% Sep 2007	Invest
7	Franklin India Overnight Fund · Regular · Growth Franklin Templeton Mutual Fund	₹623 Cr	₹1420.97	+5.35%	+6.11%	+5.56%	—	+5.01% May 2019	Invest
8	DSP Overnight Fund · Regular · Growth DSP Mutual Fund	₹3,192 Cr	₹1455.36	+5.27%	+6.09%	+5.57%	—	+5.12% Jan 2019	Invest
9	Mirae Asset Overnight Fund · Regular · Growth Mirae Asset Mutual Fund	₹1,710 Cr	₹1393.20	+5.27%	+6.09%	+5.57%	—	+5.04% Oct 2019	Invest
10	Nippon India Overnight Fund · Regular · Growth Nippon India Mutual Fund	₹7,828 Cr	₹145.82	+5.27%	+6.09%	+5.57%	—	+5.11% Dec 2018	Invest
11	ICICI Prudential Overnight Fund · Regular · Growth ICICI Prudential Mutual Fund	₹13,292 Cr	₹1463.59	+5.27%	+6.09%	+5.55%	—	+5.10% Nov 2018	Invest
12	Baroda BNP Paribas Overnight Fund · Regular · Growth Baroda BNP Paribas Mutual Fund	₹1,559 Cr	₹1428.97	+5.28%	+6.09%	+5.57%	—	+5.07% Apr 2019	Invest
13	Kotak Overnight Fund · Regular · Growth Kotak Mahindra Mutual Fund	₹8,906 Cr	₹1448.40	+5.26%	+6.08%	+5.54%	—	+5.06% Jan 2019	Invest
14	HSBC Overnight Fund · Regular · Growth HSBC Mutual Fund	₹4,505 Cr	₹1418.08	+5.27%	+6.08%	+5.55%	—	+5.01% May 2019	Invest
15	PGIM India Overnight Fund · Regular · Growth PGIM India Mutual Fund	₹97.8 Cr	₹1402.50	+5.20%	+6.07%	+5.56%	—	+5.04% Aug 2019	Invest
16	Canara Robeco Overnight Fund · Regular · Growth Canara Robeco Mutual Fund	₹475 Cr	₹1409.22	+5.27%	+6.07%	+5.57%	—	+5.04% Jul 2019	Invest
17	Tata Overnight Fund · Regular · Growth Tata Mutual Fund	₹5,998 Cr	₹1431.10	+5.24%	+6.06%	+5.53%	—	+5.03% Mar 2019	Invest
18	Edelweiss Overnight Fund · Regular · Growth Edelweiss Mutual Fund	₹203 Cr	₹1408.48	+5.25%	+6.06%	+5.53%	—	+5.03% Jul 2019	Invest
19	Bandhan Overnight Fund · Regular · Growth Bandhan Mutual Fund	₹1,041 Cr	₹1446.03	+5.23%	+6.06%	+5.53%	—	+5.05% Jan 2019	Invest
20	Union Overnight Fund · Regular · Growth Union Mutual Fund	₹678 Cr	₹1428.47	+5.23%	+6.06%	+5.53%	—	+5.01% Mar 2019	Invest
21	Trust OVERNIGHT FUND · Regular · Growth Trust Mutual Fund	₹80.1 Cr	₹1289.24	+5.17%	+6.06%	—	—	+5.83% Jan 2022	Invest
22	LIC MF Overnight Fund · Regular · Growth LIC Mutual Fund	₹873 Cr	₹1405.03	+5.27%	+6.05%	+5.53%	—	+4.98% Jul 2019	Invest
23	SBI Overnight Fund · Regular · Growth SBI Mutual Fund	₹30,270 Cr	₹4383.79	+5.24%	+6.05%	+5.53%	+5.29%	+6.55% Apr 2006	Invest
24	Mahindra Manulife Overnight Fund · Regular · Growth Mahindra Manulife Mutual Fund	₹140 Cr	₹1404.65	+5.22%	+6.05%	+5.54%	—	+4.99% Jul 2019	Invest
25	Aditya Birla Sun Life Overnight Fund · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹1,998 Cr	₹1465.33	+5.22%	+6.05%	+5.53%	—	+5.08% Nov 2018	Invest
26	Sundaram Overnight Fund · Regular · Growth Sundaram Mutual Fund	₹1,024 Cr	₹1441.34	+5.20%	+6.04%	+5.52%	—	+5.12% Mar 2019	Invest
27	HDFC Overnight Fund · Regular · Growth HDFC Mutual Fund	₹12,419 Cr	₹4008.82	+5.20%	+6.02%	+5.50%	+5.28%	+6.09% Jan 2002	Invest
28	Nj Overnight Fund · Regular · Growth NJ Mutual Fund	₹369 Cr	₹1259.87	+5.17%	+5.99%	—	—	+6.02% Aug 2022	Invest
29	JM Overnight Fund · Regular · Growth JM Financial Mutual Fund	₹90.3 Cr	₹1378.37	+5.11%	+5.99%	+5.50%	—	+4.97% Dec 2019	Invest
30	Groww Overnight Fund · Regular · Growth Groww Mutual Fund	₹156 Cr	₹1398.65	+5.13%	+5.98%	+5.41%	—	+4.90% Jul 2019	Invest
31	ITI Overnight Fund · Regular · Growth ITI Mutual Fund	₹36.7 Cr	₹1373.20	+5.00%	+5.83%	+5.35%	—	+4.83% Oct 2019	Invest
32	Samco Overnight Fund · Regular · Growth Samco Mutual Fund	₹29.1 Cr	₹1237.66	+4.87%	+5.73%	—	—	+5.84% Oct 2022	Invest
―	Category averagemedian of 74 funds	—	—	+5.27%	+6.11%	+5.58%	—	+5.12%

Showing Regular-Growth plans. Returns are CAGR (annualised) for periods ≥1 year, absolute for periods <1 year. Data sourced from AMFI. Past performance is not indicative of future results.

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