MonitorDirect · Growth
Nippon India Overnight Fund
Nippon India Mutual FundDebt Scheme - Overnight Fund7.7 years
The scheme seeks to generate optimal returns with low risk and high liquidity by investing in debt and money market instruments with overnight maturity.
- NAV
- 148.106
- 15 Sept 2026
- 1Y
- +5.3%
- Trailing CAGR
- AUM
- ₹8,547.72 Cr
- 31 Aug 2026
- Volatility
- Low
- 0.1% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.3%
- 3Y+6.1%
- 5Y+5.7%
- 10Yn/a
- SI+5.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.2%
- 3Y+5.7%
- 5Y+5.9%
- 10Yn/a
- Since inception
- +5.2%
- Calendar-day CAGR
- Excess 1Y
- +0.0%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 83
- Vs comparable share classes
- Worst rolling 3Y
- +3.7%
- 1688 daily-ending windows
- Median rolling 3Y
- +5.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 998 daily-ending windows
- SIP 3Y XIRR
- +5.7%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- n/a
- 0 recovered episodes
- Longest recovery
- n/a
- Trough to prior peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- 0%
- NAV observations
No completed or open drawdown episodes in the current snapshots.
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
83
Vs category
50
Consistency
97
Risk-adjusted
0
Drawdown
100
Mean
66
Portfolio
31 Aug 2026 · 9 holdings · top 10 are 100.0%.
- Top 5
- 98.5%
- Top 10
- 100.0%
- Largest holding
- 64.3%
- Effective holdings
- 2.1
Reverse Repo
Unspecified
64.3%
Repo
Unspecified
21.1%
Corporate Bond Repo
Unspecified
9.5%
GOVERNMENT OF INDIA 37185 182 DAYS TBILL 10SP26 FV RS 100
Financial
2.3%
GOVERNMENT OF INDIA 37222 182 DAYS TBILL 18SP26 FV RS 100
Financial
1.2%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 14 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Bajaj Finserv Overnight Fund
Bajaj Finserv Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.1%
- Vol
- 0.0%
- Max DD
- 0.0%
- Sharpe
- -34.25
- 3Y win
- +100%
- Lower volatility
- Higher trailing returns
BANK OF INDIA OVERNIGHT FUND
Bank of India Mutual Fund
- 1Y
- +5.5%
- 3Y
- +6.2%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -25.14
- 3Y win
- +100%
- Lower volatility
- Higher trailing returns
Tata Overnight Fund
Tata Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.1%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -29.97
- 3Y win
- +84%
- Lower volatility
- Higher trailing returns
Edelweiss Overnight Fund
Edelweiss Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.0%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -31.29
- 3Y win
- +16%
- Lower volatility
Caveat: Lower trailing returns
ITI Overnight Fund
ITI Mutual Fund
- 1Y
- +5.0%
- 3Y
- +5.8%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -32.50
- 3Y win
- 0%
- Lower volatility
Caveat: Lower trailing returns