Pay ₹0 for 75 days of Genius, On India's 75 years of Independence by signing up within 75 hours
Download Mobile Apps

Great! You have sucessfully subscribed for newsletters for investments

Subscribed email:

Nippon India Overnight Fund Direct - Growth

NAV as of ( Sep 11, 2022 )

116.41 0.01 % 1-D Change

4.14% p.a.

You get upto 0.09% extra returns

ET Money's Fund Report Card - Nippon India Overnight Fund

ET Money Rank


Out of 17

Performance Quality info

Very Good drop-arrow

Generated returns consistently


Increased returns for each unit of additional risk info


Downside Protection info

Very Good drop-arrow

Controlled losses during market corrections


Delivered returns without frequent ups and downs


Minimum SIP amount is ₹
Minimum Lumpsum amount is ₹

By continuing, I agree to the Declaration and T&Cs.

none buyable frame

Fresh Investments closed in this fund!

This fund is no longer available to invest

This fund vs
Show performance of:

Scheme Details

ET Money Rank 1 Out of 17
VRO Rating 3
Expense ratio 0.07%  As on Jun 30, 2022
Exit Load 0%
AUM (Fund Size) 10,604 Crs
Lock-in No Lockin
Age 3 yrs 8 m Since Dec 17, 2018
Benchmark CRISIL Overnight Fund AI Index
Min. Investment

SIP 500  &

Lumpsum 5000

About Nippon India Overnight Fund

Nippon India Overnight Fund Direct - Growth is a Overnight mutual fund scheme from Nippon India Mutual Fund . This fund has been in existence for 3 yrs 8 m, having been launched on 17/12/2018. Nippon India Overnight Fund Direct - Growth has ₹10,604 Crores worth of assets under management (AUM) as on 30/06/2022 and is medium-sized fund of its category. The fund has an expense ratio of 0.07%, which is close to what most other Overnight funds charge.
  • Nippon India Overnight Fund Direct - Growth returns of last 1-year are 3.90%. Since launch, it has delivered 4.15% average annual returns.
  • Nippon India Overnight Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
  • The fund's credit profile is very low indicating it has lent to borrowers whose quality is poor. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
  • The fund's top holdings are in Reserve Bank of India.
Find your investor personality!

Answer a few simple questions and understand why you take the financial decisions you do.

Investment Returns Calculator

of for

You would have earned ₹ 1,001 more by investing in ET Money Direct Plan

Total value Profit
This fund
Category Average
Bank FD

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Jun 30, 2022
Top Stock Holdings

Bifurcation by Holding is not available for this fund

Allocation by Market Cap

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Allocation by Sector

Bifurcation by Sector is not available for this fund

Top Debt Holdings

Reserve Bank of India 5.12%

Others 0.18%

Allocation by Credit Quality

Cash & Call Money 94.7%

SOV 5.12%

Others 0.18%

Allocation by Instruments

Reverse Repo 81.5%

Repo 13.23%

Treasury Bills 5.12%

Margin Money 0.18%

Other Holdings

Others 13.23%

Comparison with overnight Funds

as on Sep 12, 2022
0.43 % p.a
This fund


Pick time period to see return
  • 1m
  • 3m
  • 6m
  • 1y
  • 3y
  • 5y

Trailing Returns and Ranks

as on Aug 01, 2022
Period Trailing returns Category average Rank within category
1 month 0.43% 0.42% 3 / 19
3 months 1.23% 1.22% 5 / 19
6 months 2.2% 2.18% 1 / 19
1 year 3.9% 3.87% 4 / 19
3 years 3.68% 3.66% 4 / 17


Level of Risk in the Scheme


Investors understand that their principal will be at Low risk

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.

  • Std. Dev : 0.23
  • Alpha : 0.35
  • Beta : 0.23
  • Sharpe : 0.56
  • Sortino : 2.09
  • Profile

    Anju Chhajer

    Ms. Chhajer is a B.Com (H) and a Chartered Accountant.

    Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.

  • Profile

    Siddharth Deb

    Mr. Deb is a B.Sc and MMS (Finance).

    Prior to joining Nippon India Mutual Fund he has worked with Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.

Nippon India Mutual Fund

Nippon India Mutual Fund



See all schemes


₹2,81,440 Crs

As on Jun 30, 2022

  • Phone: 1800-300-11111
  • Address: NG-1 & 1A, North Block
    Manipal Centre,Dickenson Road,

    Bangalore, 560042

Compare with similar Funds

Hide comparison

Frequently asked questions

How are the returns of Nippon India Overnight Fund ?

The Nippon India Overnight Fund is a 3 yrs 8 m old fund and has delivered average annual returns of 4.14% since inception.

Nippon India Overnight Fund Returns

1-Year 3-Year Since Inception
3.9% 3.68% 4.14%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of Nippon India Overnight Fund for Sep 11, 2022 is 116.41 .

Nippon India Overnight Fund has an ET Money Rank of # 1 of 17 and a consistency rating of 4 .

This indicates the fund has not only delivered solid returns in the past but has done so with exceptional consistency. All this means Nippon India Overnight Fund can be a good addition to your portfolio.

On ET Money, Investing in Nippon India Overnight Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. That's it. Your SIP or one-time investment in Nippon India Overnight Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of Nippon India Overnight Fund is 0.07%.  .

Redeeming your investments in Nippon India Overnight Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Nippon India Overnight Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of Nippon India Overnight Fund is ₹10,604 Crs.

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Nippon India Overnight Fund allocation by credit quality is given below

Credit Quality Percentage of Portfolio
Cash & Call Money 94.7%
SOV 5.12%
Others 0.18%

The top 3 debt holdings of Nippon India Overnight Fund are as follows

Holding Name Percentage of Portfolio
Reserve Bank of India 5.12%
Others 0.18%
亚博电竞 csgo 日博电竞外围全球9.4.2 dota2投注线上 lpl电竞比分注册APP v2.6(lpl电竞选手下载v3.1版) JJ竞技(拉萨)登录手游