Sharpe ratio
0.34Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+5.10%1Y Absolute Return
+0.03%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| JM Overnight Fund - (Direct) - GrowthFund 5Y annualised return | ₹8,40,451 | ₹7,32,612 | ₹1,07,839 | +5.71% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹2.04
₹1 Lakh since launch₹2.04 Lakh
Fund age6.9 yrs
Fund information
Scheme code147837
ISININF192K01MB8
BenchmarkCRISIL Liquid Overnight Index
CategoryDebt Scheme - Overnight Fund
Expense ratio0.12%
Exit loadNil
Minimum SIP₹100 SIP
Return comparison
81st / 226 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.52% | — | — |
| 3M | +5.19% | — | — |
| 6M | +5.13% | — | — |
| 1Y | +5.10% | — | +2.44% |
| 3Y | +5.88% | — | +2.51% |
| 5Y | +5.71% | — | +4.17% |
| Since Launch | +103.81% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.00Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
0.06%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
—How well the fund rewarded investors relative to its biggest decline.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Cash100.00%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
2 of 2 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Reverse Repo | Unspecified | Reverse Repo | 95.6701% |
| Net Receivables | Unspecified | Net Receivables | 4.3299% |
Fund management
JA
Jayant Dhoot
Since 2025 · Prior to joining the JM MF, he was worked with Taurus Corporate Advisory Services Pvt Ltd, Nuvama Wealth & Investment Ltd, NVS Brokerage Pvt. Ltd.
Chartered Accountant, Company Secretary, B.Com
KI
Killol Pandya
Since 2024 · Prior to joining JM Financial Asset Management Limited he has worked with Barclays Securities India Private Ltd,Peerless Funds Management Co. Limited, LIC Nomura Mutual Fund AMC , Daiwa Asset Management (India) Pvt. Ltd., SBI Funds Management Pvt Ltd., IL&FS Investsmart Ltd. and Darashaw & Co. Pvt. Ltd.
Mr. Pandya is a B.Com (H) from N.M College of Commerce, DPCM from ICFAI and MMS (Finance) from K.J. Somaiya Institute of Management Studies and Research.
RU
Ruchi Fozdar
Since 2024 · Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund
Ms. Ruchi is a graduate in science and PGDBM in finance
Compare similar funds
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Summary
A low-risk debt scheme - overnight fund. Turned every ₹1 into ₹140.8 since launch — compounding at 103.8% a year. Ranks 81 of 226 in its category over 1 year.
Strengths
- Turned every ₹1 into ₹140.8 since launch — compounding at 103.8% a year.
- NAV has been stable for its category — worst fall 0.00% with 0.1% volatility.
Weaknesses
- None
Ideal investor
- Suited for a few days to 3 months and emergency or idle cash.
Risk drivers
- None