NJ Overnight Fund
The scheme seek to generate returns commensurate with risk of investments in overnight instruments.
Growthvine rating: 2/5 — ranked #28 of 36 in category.
Fund basics
| Category | Debt: Overnight |
|---|---|
| NAV | ₹1273.08 (as of 2026-10-01) |
| AUM | ₹348 Cr |
| Expense ratio | 0.13% |
| Riskometer | Low |
| Fund manager | Jaimin Ilavia |
| Exit load | 0 |
Performance & risk
| Sharpe ratio | 0.41 |
|---|---|
| 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) | 3.8% | Q3 | #26 of 34 |
| 2025 | 5.6% | Q4 (Bottom) | #27 of 33 |
| 2024 | 6.5% | Q4 (Bottom) | #31 of 33 |
| 2023 | 6.6% | Q4 (Bottom) | #28 of 31 |