Nippon India Overnight Fund
The scheme seeks to generate optimal returns with low risk and high liquidity by investing in debt and money market instruments with overnight maturity.
Growthvine rating: 4/5 — ranked #4 of 36 in category.
Fund basics
| Category | Debt: Overnight |
|---|---|
| NAV | ₹146.59 (as of 2026-08-21) |
| AUM | ₹8,376 Cr |
| Expense ratio | 0.14% |
| Riskometer | Low |
| Fund manager | Vikash Agarwal |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.59% |
|---|---|
| Sharpe ratio | 0.86 |
| Standard deviation | 0.20% |
| Max drawdown | 0.00% |
| Alpha | 0 |
| Beta | 0 |
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.3% | Q2 | #14 of 34 |
| 2025 | 5.8% | Q1 (Top) | #6 of 33 |
| 2024 | 6.6% | Q2 | #11 of 33 |
| 2023 | 6.6% | Q1 (Top) | #8 of 31 |
| 2022 | 4.6% | Q2 | #12 of 27 |