Sharpe ratio
-6.53Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+5.22%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 |
|---|---|---|---|---|
| NJ Overnight Fund - Direct Plan - Growth OptionFund 3Y annualised return · 5Y history unavailable | ₹8,45,012 | ₹7,32,612 | ₹1,12,400 | +5.93% |
| 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₹1.06
₹1 Lakh since launch₹1.06 Lakh
Fund age4.3 yrs
Fund information
Scheme code150369
ISININF0J8L01081
BenchmarkNIFTY 1D Rate Index
CategoryDebt Scheme - Overnight Fund
Expense ratio0.08%
Exit loadNil
Minimum SIP₹100 SIP
Return comparison
55th / 226 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.72% | — | — |
| 3M | +5.31% | — | — |
| 6M | +5.29% | — | — |
| 1Y | +5.22% | — | +2.44% |
| 3Y | +5.93% | — | +2.51% |
| Since Launch | +6.05% | — | — |
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
0.14%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%
Debt99.36%
Cash0.64%
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 |
|---|---|---|---|
| Others CBLO | Unspecified | CBLO | 99.361% |
| Net Receivables | Unspecified | Net Receivables | 0.639% |
Fund management
DH
Dhaval Patel
Since 2023 · Prior to joining NJ Mutual Fund, he has worked with Axis Mutual Fund, Credit Analysis & Research Ltd.
Mr. Patel has done IBS from Hyderabad
VI
Viral Shah
Since 2022 · Mr. Shah has started his career with NJ Group and has been Principal Officer for PMS segment with NJ Asset Management for more than 10 years.
Mr. Shah has done B.E. and MBA (Finance)
JA
Jaimin Ilavia
Since 2026 · Mr. Jaimin has Experience in dealing and portfolio management across various investment strategies of Portfolio management Services (PMS) segment in NJ AMC.
M.Com, CFA
Compare similar funds
No comparable category funds are available yet.
Summary
A low-risk debt scheme - overnight fund. NAV has been stable for its category — worst fall 0.00% with 0.1% volatility.
Strengths
- NAV has been stable for its category — worst fall 0.00% with 0.1% volatility.
- Ranks 55 of 226 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for a few days to 3 months and emergency or idle cash.
Risk drivers
- None