Fund Name Rank Rating 1Y 3Y 5Y 7Y 10Y SD Max DD VaR1Y95% Jensen's Alpha Beta Sortino Ratio Sharpe Ratio
1
5.74 6.40 5.47 0.16 0.00 0.00 3.60 3.84
2
5.58 6.57 0.23 0.00 0.00 3.54 3.35
3
5.65 6.36 0.17 0.00 0.00 3.37 3.67
4
5.63 6.33 0.15 0.00 0.00 3.04 3.60
5
5.61 6.32 5.40 0.17 0.00 0.00 2.84 3.29
6
5.65 6.32 0.16 0.00 0.00 2.62 3.25
7
5.83 6.48 5.54 0.33 0.00 0.00 0.63 1.75
8
5.77 6.43 5.48 0.33 0.00 0.00 0.55 1.54
9
5.74 6.40 5.44 5.16 5.63 0.33 0.00 0.00 0.51 1.44
10
5.76 6.42 5.46 5.18 0.33 0.00 0.00 0.50 1.40
11
5.73 6.39 5.44 0.33 0.00 0.00 0.50 1.41
12
5.76 6.36 5.40 0.32 0.00 0.00 0.48 1.37
13
5.75 6.42 5.48 0.33 0.00 0.00 0.49 1.38
14
5.75 6.40 5.45 0.33 0.00 0.00 0.49 1.38
15
5.73 6.40 5.45 5.20 0.33 0.00 0.00 0.49 1.38
16
5.69 6.37 5.44 0.33 0.00 0.00 0.48 1.35
17
5.75 6.40 5.45 5.15 0.33 0.00 0.00 0.47 1.34
18
5.66 6.31 5.38 0.33 0.00 0.00 0.47 1.33
19
5.77 6.42 5.46 0.33 0.00 0.00 0.46 1.31
20
5.74 6.39 5.46 0.33 0.00 0.00 0.46 1.30
21
5.74 6.40 5.44 5.16 0.33 0.00 0.00 0.46 1.30
22
5.67 6.34 5.39 0.33 0.00 0.00 0.46 1.29
23
5.71 6.36 5.42 5.13 5.49 0.33 0.00 0.00 0.45 1.28
24
5.75 6.39 5.45 0.32 0.00 0.00 0.44 1.25
25
5.73 6.40 5.45 5.16 0.33 0.00 0.00 0.45 1.29
26
5.72 6.38 5.43 0.33 0.00 0.00 0.45 1.28
27
5.72 6.39 5.44 0.33 0.00 0.00 0.45 1.28
28
5.68 6.34 5.40 5.11 5.43 0.33 0.00 0.00 0.42 1.20
29
5.63 6.25 5.31 0.33 0.00 0.00 0.32 0.92
30
5.53 6.17 5.28 0.32 0.00 0.00 0.24 0.70
31
5.47 6.22 0.32 0.00 0.00 0.16 0.48

Return Calculated On: 23 January 2026 | Ratios Calculated On: 31 December 2025

1Y, 3Y, 5Y, 7Y, and 10Y returns are annualized (in %). All returns are calculated on a compounded annual growth rate (CAGR) basis for Direct Growth funds

Rating: 5 Stars (Best) to 1 Star (Worst) | Rank: 1 (Best) to 100 (Worst). Rating and Rank are based on the performance of the fund over the last 3 years.

Max DD: Maximum Drawdown (in %) | SD: Standard Deviation (in %) | VaR 1Y 95%: Value at Risk (in %) | Jensen's Alpha: (in %)

Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

Data Source: www.amfiindia.com

SEBI Categorization

For more details, visit AMFI India.

Best Overnight Funds December 2025 Review Summary

  1. Hsbc Overnight Fund

    Hsbc Overnight Fund is the 17th ranked fund in the Overnight Fund category. The category has total 29 funds. The Hsbc Overnight Fund has shown an average past performence in Overnight Fund. The fund has a Sharpe Ratio of 3.84 which is higher than the category average of 1.71. Read Full Review

  2. TRUSTMF Overnight Fund

    In the Overnight Fund category, TRUSTMF Overnight Fund is the 13th ranked fund. The category has total 29 funds. The 3 star rating shows an average past performance of the TRUSTMF Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 3.67 which is higher than the category average of 1.71. Read Full Review

  3. Shriram Overnight Fund

    None Read Full Review

  4. Jm Overnight Fund

    In the Overnight Fund category, Jm Overnight Fund is the 26th ranked fund. The category has total 29 funds. The 1 star rating shows a very poor past performance of the Jm Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 3.29 which is higher than the category average of 1.71. Read Full Review

  5. NJ Overnight Fund

    NJ Overnight Fund is the 27th ranked fund in the Overnight Fund category. The category has total 29 funds. The NJ Overnight Fund has shown a very poor past performence in Overnight Fund. The fund has a Sharpe Ratio of 3.25 which is higher than the category average of 1.71. Read Full Review

  6. Bank of India Overnight Fund

    Bank of India Overnight Fund is the top ranked fund in the Overnight Fund category. The category has total 29 funds. The 5 star rating shows an excellent past performance of the Bank of India Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 1.75 which is higher than the category average of 1.71. Read Full Review

  7. Axis Overnight Fund

    In the Overnight Fund category, Axis Overnight Fund is the second ranked fund. The category has total 29 funds. The 5 star rating shows an excellent past performance of the Axis Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 1.54 which is lower than the category average of 1.71. Read Full Review

  8. Uti Overnight Fund

    In the Overnight Fund category, Uti Overnight Fund is the third ranked fund. The category has total 29 funds. The Uti Overnight Fund has shown an excellent past performence in Overnight Fund. The fund has a Sharpe Ratio of 1.44 which is lower than the category average of 1.71. Read Full Review

  9. Nippon India Overnight Fund

    Nippon India Overnight Fund is the 5th ranked fund in the Overnight Fund category. The category has total 29 funds. The 5 star rating shows an excellent past performance of the Nippon India Overnight Fund in Overnight Fund. The fund has a Sharpe Ratio of 1.4 which is lower than the category average of 1.71. Read Full Review

  10. Invesco India Overnight Fund

    In the Overnight Fund category, Invesco India Overnight Fund is the 4th ranked fund. The category has total 29 funds. The Invesco India Overnight Fund has shown an excellent past performence in Overnight Fund. The fund has a Sharpe Ratio of 1.41 which is lower than the category average of 1.71. Read Full Review

As On: 23 January 2026

Fund Name 1D 1W 1M 3M 6M 1Y 3Y 5Y 7Y 10Y 15Y
Aditya Birla Sun Life Overnight Fund
0.01
0.10
0.44
1.31
2.65
5.62
6.29
5.34
5.05
Baroda BNP Paribas Overnight Fund
0.01
0.10
0.45
1.33
2.68
5.67
6.32
5.38
Bank of India Overnight Fund
0.01
0.10
0.45
1.35
2.75
5.81
6.46
5.49
Canara Robeco Overnight Fund
0.01
0.10
0.44
1.32
2.68
5.65
6.30
5.37
NJ Overnight Fund
0.01
0.10
0.43
1.28
2.62
5.55
6.21
TRUSTMF Overnight Fund
0.01
0.10
0.43
1.29
2.65
5.59
6.31
Helios Overnight Fund
0.01
0.10
0.43
1.28
2.61
5.52
Samco Overnight Fund
0.01
0.09
0.41
1.22
2.49
5.27
5.99
Dsp Overnight Fund
0.01
0.10
0.44
1.32
2.68
5.66
6.32
5.37
5.11
Edelweiss Overnight Fund
0.01
0.10
0.44
1.31
2.66
5.62
6.29
5.34
Franklin India Overnight Fund
0.02
0.10
0.46
1.35
2.72
5.72
6.31
5.36
Hdfc Overnight Fund
0.01
0.10
0.44
1.30
2.64
5.59
6.25
5.30
5.01
5.34
6.18
Hsbc Overnight Fund
0.01
0.10
0.44
1.32
2.68
5.64
6.30
5.35
Icici Prudential Overnight Fund
0.01
0.10
0.45
1.32
2.68
5.66
6.32
5.35
5.06
Bandhan Overnight Fund
0.01
0.10
0.44
1.31
2.67
5.63
6.29
5.34
5.04
Groww Overnight Fund
0.01
0.09
0.43
1.29
2.61
5.52
6.15
5.22
Invesco India Overnight Fund
0.01
0.10
0.45
1.32
2.69
5.67
6.33
5.38
Iti Overnight Fund
0.01
0.09
0.42
1.25
2.57
5.42
6.07
5.17
Jm Overnight Fund
0.01
0.10
0.43
1.29
2.62
5.53
6.24
5.33
Kotak Overnight Fund
0.01
0.10
0.45
1.32
2.68
5.66
6.31
5.34
5.06
Lic Mf Overnight Fund
0.01
0.10
0.45
1.32
2.68
5.65
6.27
5.33
Mahindra Manulife Overnight Fund
0.01
0.10
0.44
1.31
2.67
5.64
6.29
5.35
Mirae Asset Overnight Fund
0.01
0.10
0.44
1.32
2.69
5.67
6.32
5.38
quant Overnight Fund
0.01
0.09
0.43
1.26
2.58
5.49
6.47
Nippon India Overnight Fund
0.01
0.10
0.45
1.32
2.68
5.68
6.33
5.37
5.09
Sbi Overnight Fund
0.01
0.10
0.44
1.31
2.67
5.64
6.28
5.34
5.05
5.40
6.49
Shriram Overnight Fund
0.01
0.10
0.44
1.31
2.66
5.57
6.24
Sundaram Overnight Fund
0.01
0.10
0.44
1.30
2.65
5.63
6.28
5.32
Tata Overnight Fund
0.01
0.10
0.44
1.32
2.67
5.65
6.29
5.34
Union Overnight Fund
0.01
0.10
0.44
1.31
2.66
5.62
6.28
5.34
Uti Overnight Fund
0.01
0.10
0.45
1.33
2.69
5.69
6.34
5.39
5.10
5.54
6.45
Pgim India Overnight Fund
0.01
0.10
0.44
1.32
2.67
5.65
6.31
5.38
Axis Overnight Fund
0.01
0.10
0.45
1.33
2.71
5.73
6.38
5.42
Bajaj Finserv Overnight Fund
0.01
0.10
0.45
1.36
2.73
5.73

As On: 23 January 2026

Fund Name 1D 1W 1M 3M 6M 1Y 3Y 5Y 7Y 10Y 15Y
Aditya Birla Sun Life Overnight Fund
0.01
0.10
0.45
1.34
2.71
5.73
6.40
5.45
5.16
Baroda BNP Paribas Overnight Fund
0.01
0.10
0.45
1.35
2.73
5.75
6.40
5.45
Bank of India Overnight Fund
0.01
0.10
0.45
1.35
2.76
5.83
6.48
5.54
Canara Robeco Overnight Fund
0.01
0.10
0.44
1.32
2.69
5.66
6.31
5.38
NJ Overnight Fund
0.01
0.10
0.44
1.31
2.67
5.65
6.32
TRUSTMF Overnight Fund
0.01
0.10
0.44
1.31
2.67
5.65
6.36
Helios Overnight Fund
0.01
0.10
0.43
1.29
2.64
5.57
Samco Overnight Fund
0.01
0.09
0.43
1.28
2.59
5.47
6.22
Dsp Overnight Fund
0.01
0.10
0.45
1.35
2.72
5.73
6.40
5.45
5.20
Edelweiss Overnight Fund
0.01
0.10
0.45
1.33
2.69
5.67
6.34
5.39
Franklin India Overnight Fund
0.02
0.10
0.46
1.36
2.74
5.76
6.36
5.40
Hdfc Overnight Fund
0.01
0.10
0.45
1.33
2.69
5.68
6.34
5.40
5.11
5.43
Hsbc Overnight Fund
0.01
0.10
0.45
1.34
2.72
5.74
6.40
5.47
Icici Prudential Overnight Fund
0.01
0.10
0.45
1.34
2.72
5.73
6.38
5.43
5.15
Bandhan Overnight Fund
0.01
0.10
0.45
1.34
2.72
5.74
6.40
5.44
5.16
Groww Overnight Fund
0.01
0.10
0.44
1.31
2.67
5.63
6.25
5.31
Invesco India Overnight Fund
0.01
0.10
0.45
1.34
2.71
5.73
6.39
5.44
Iti Overnight Fund
0.01
0.09
0.43
1.28
2.62
5.53
6.17
5.28
Jm Overnight Fund
0.01
0.10
0.44
1.30
2.65
5.61
6.32
5.40
Kotak Overnight Fund
0.01
0.10
0.45
1.34
2.72
5.75
6.40
5.45
5.15
Lic Mf Overnight Fund
0.01
0.10
0.45
1.34
2.72
5.75
6.39
5.45
Mahindra Manulife Overnight Fund
0.01
0.10
0.45
1.34
2.72
5.74
6.39
5.46
Mirae Asset Overnight Fund
0.01
0.10
0.45
1.34
2.73
5.75
6.42
5.48
quant Overnight Fund
0.01
0.10
0.43
1.28
2.63
5.58
6.57
Nippon India Overnight Fund
0.01
0.10
0.45
1.34
2.72
5.76
6.42
5.46
5.18
Sbi Overnight Fund
0.01
0.10
0.44
1.33
2.70
5.71
6.36
5.42
5.13
5.49
Shriram Overnight Fund
0.01
0.10
0.44
1.33
2.69
5.63
6.33
Sundaram Overnight Fund
0.01
0.10
0.44
1.33
2.70
5.72
6.38
5.43
Tata Overnight Fund
0.01
0.10
0.45
1.35
2.73
5.77
6.42
5.46
Union Overnight Fund
0.01
0.10
0.45
1.33
2.71
5.72
6.39
5.44
Uti Overnight Fund
0.01
0.10
0.45
1.34
2.72
5.74
6.40
5.44
5.16
5.63
Pgim India Overnight Fund
0.01
0.10
0.44
1.33
2.68
5.69
6.37
5.44
Axis Overnight Fund
0.01
0.10
0.45
1.35
2.73
5.77
6.43
5.48
Bajaj Finserv Overnight Fund
0.01
0.10
0.45
1.38
2.76
5.78

As On: 23 January 2026

Fund Name 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year
Aditya Birla Sun Life Overnight Fund
5.43
6.05
5.89
5.45
Baroda BNP Paribas Overnight Fund
5.48
6.09
5.93
Bank of India Overnight Fund
5.61
6.23
6.06
Canara Robeco Overnight Fund
5.46
6.07
5.91
NJ Overnight Fund
5.36
5.98
TRUSTMF Overnight Fund
5.41
6.06
Helios Overnight Fund
5.34
Samco Overnight Fund
5.09
5.73
Dsp Overnight Fund
5.48
6.09
5.93
5.49
Edelweiss Overnight Fund
5.44
6.05
5.89
Franklin India Overnight Fund
5.56
6.11
5.93
Hdfc Overnight Fund
5.42
6.02
5.86
5.42
5.30
5.48
Hsbc Overnight Fund
5.46
6.07
5.90
Icici Prudential Overnight Fund
5.48
6.09
5.92
5.47
Bandhan Overnight Fund
5.45
6.06
5.90
5.45
Groww Overnight Fund
5.34
5.97
5.78
Invesco India Overnight Fund
5.48
6.11
5.94
Iti Overnight Fund
5.24
5.84
5.69
Jm Overnight Fund
5.35
6.00
5.85
Kotak Overnight Fund
5.47
6.08
5.91
5.46
Lic Mf Overnight Fund
5.47
6.05
5.88
Mahindra Manulife Overnight Fund
5.45
6.06
5.90
Mirae Asset Overnight Fund
5.49
6.09
5.93
quant Overnight Fund
5.30
6.13
Nippon India Overnight Fund
5.49
6.10
5.93
5.49
Sbi Overnight Fund
5.45
6.06
5.89
5.45
5.33
5.79
Shriram Overnight Fund
5.42
6.00
Sundaram Overnight Fund
5.42
6.05
5.88
Tata Overnight Fund
5.46
6.07
5.90
Union Overnight Fund
5.43
6.05
5.89
Uti Overnight Fund
5.50
6.11
5.95
5.50
5.37
5.68
Pgim India Overnight Fund
5.46
6.09
5.93
Axis Overnight Fund
5.54
6.16
5.99
Bajaj Finserv Overnight Fund
5.57

As On: 23 January 2026

Fund Name 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year
Aditya Birla Sun Life Overnight Fund
5.55
6.17
6.00
5.56
Baroda BNP Paribas Overnight Fund
5.56
6.18
6.01
Bank of India Overnight Fund
5.64
6.26
6.09
Canara Robeco Overnight Fund
5.48
6.08
5.93
NJ Overnight Fund
5.47
6.09
TRUSTMF Overnight Fund
5.46
6.11
Helios Overnight Fund
5.39
Samco Overnight Fund
5.29
5.95
Dsp Overnight Fund
5.56
6.17
6.01
5.57
Edelweiss Overnight Fund
5.49
6.11
5.94
Franklin India Overnight Fund
5.60
6.16
5.97
Hdfc Overnight Fund
5.50
6.11
5.95
5.51
5.39
Hsbc Overnight Fund
5.56
6.17
6.01
Icici Prudential Overnight Fund
5.55
6.16
5.99
5.54
Bandhan Overnight Fund
5.55
6.17
6.00
5.56
Groww Overnight Fund
5.44
6.08
5.88
Invesco India Overnight Fund
5.55
6.16
5.99
Iti Overnight Fund
5.35
5.95
5.80
Jm Overnight Fund
5.42
6.07
5.93
Kotak Overnight Fund
5.56
6.17
6.01
5.56
Lic Mf Overnight Fund
5.56
6.17
6.01
Mahindra Manulife Overnight Fund
5.56
6.17
6.01
Mirae Asset Overnight Fund
5.57
6.18
6.02
quant Overnight Fund
5.39
6.22
Nippon India Overnight Fund
5.57
6.19
6.02
5.58
Sbi Overnight Fund
5.52
6.13
5.97
5.53
5.41
Shriram Overnight Fund
5.48
6.08
Sundaram Overnight Fund
5.52
6.15
5.99
Tata Overnight Fund
5.58
6.20
6.02
Union Overnight Fund
5.53
6.16
5.99
Uti Overnight Fund
5.55
6.17
6.00
5.56
5.44
Pgim India Overnight Fund
5.49
6.14
5.98
Axis Overnight Fund
5.58
6.20
6.03
Bajaj Finserv Overnight Fund
5.62

Performance Indicators


Calculated On: 31 December 2025

Fund Name VaR 1 Y 95% Max Drawdown % Average Drawdown % Standard Deviation % Semi Deviation %
Groww Overnight Fund 0.00 0.00 0.00 0.33 0.29
Invesco India Overnight Fund 0.00 0.00 0.00 0.33 0.30
Iti Overnight Fund 0.00 0.00 0.00 0.32 0.29
Jm Overnight Fund 0.00 0.00 0.00 0.17 0.13
Kotak Overnight Fund 0.00 0.00 0.00 0.33 0.30
Lic Mf Overnight Fund 0.00 0.00 0.00 0.32 0.30
Mahindra Manulife Overnight Fund 0.00 0.00 0.00 0.33 0.30
Mirae Asset Overnight Fund 0.00 0.00 0.00 0.33 0.30
Quant Overnight Fund 0.00 0.00 0.00 0.23 0.17
Nippon India Overnight Fund 0.00 0.00 0.00 0.33 0.30
Sbi Overnight Fund 0.00 0.00 0.00 0.33 0.30
Shriram Overnight Fund 0.00 0.00 0.00 0.15 0.12
Sundaram Overnight Fund 0.00 0.00 0.00 0.33 0.30
Tata Overnight Fund 0.00 0.00 0.00 0.33 0.30
Union Overnight Fund 0.00 0.00 0.00 0.33 0.30
Uti Overnight Fund 0.00 0.00 0.00 0.33 0.30
Pgim India Overnight Fund 0.00 0.00 0.00 0.33 0.30
Axis Overnight Fund 0.00 0.00 0.00 0.33 0.30
Nj Overnight Fund 0.00 0.00 0.00 0.16 0.12
Trustmf Overnight Fund 0.00 0.00 0.00 0.17 0.13
Samco Overnight Fund 0.00 0.00 0.00 0.32 0.29
Dsp Overnight Fund 0.00 0.00 0.00 0.33 0.30
Edelweiss Overnight Fund 0.00 0.00 0.00 0.33 0.30
Franklin India Overnight Fund 0.00 0.00 0.00 0.32 0.30
Hdfc Overnight Fund 0.00 0.00 0.00 0.33 0.30
Hsbc Overnight Fund 0.00 0.00 0.00 0.16 0.12
Bandhan Overnight Fund 0.00 0.00 0.00 0.33 0.30
Aditya Birla Sun Life Overnight Fund 0.00 0.00 0.00 0.33 0.30
Baroda Bnp Paribas Overnight Fund 0.00 0.00 0.00 0.33 0.30
Bank Of India Overnight Fund 0.00 0.00 0.00 0.33 0.31
Canara Robeco Overnight Fund 0.00 0.00 0.00 0.33 0.30

Calculated On: 31 December 2025

Fund Name Sharpe Ratio Sortino Ratio Sterling ratio Hurst Index Jensen’s Alpha Beta R2 Treynor Ratio Modigliani2 Measure Active Return
Groww Overnight Fund
0.92
0.32
0.60
0.50
Invesco India Overnight Fund
1.41
0.50
0.62
0.49
Iti Overnight Fund
0.70
0.24
0.59
0.50
Jm Overnight Fund
3.29
2.84
0.63
0.39
Kotak Overnight Fund
1.34
0.47
0.61
0.50
Lic Mf Overnight Fund
1.25
0.44
0.61
0.50
Mahindra Manulife Overnight Fund
1.30
0.46
0.61
0.49
Mirae Asset Overnight Fund
1.38
0.49
0.62
0.50
Quant Overnight Fund
3.35
3.54
0.65
0.39
Nippon India Overnight Fund
1.40
0.50
0.62
0.49
Sbi Overnight Fund
1.28
0.45
0.61
0.49
Shriram Overnight Fund
3.60
3.04
0.63
0.37
Sundaram Overnight Fund
1.28
0.45
0.61
0.49
Tata Overnight Fund
1.31
0.46
0.61
0.49
Union Overnight Fund
1.28
0.45
0.61
0.49
Uti Overnight Fund
1.44
0.51
0.62
0.49
Pgim India Overnight Fund
1.35
0.48
0.62
0.49
Axis Overnight Fund
1.54
0.55
0.62
0.50
Nj Overnight Fund
3.25
2.62
0.62
0.39
Trustmf Overnight Fund
3.67
3.37
0.63
0.39
Samco Overnight Fund
0.48
0.16
0.58
0.49
Dsp Overnight Fund
1.38
0.49
0.62
0.50
Edelweiss Overnight Fund
1.29
0.46
0.61
0.50
Franklin India Overnight Fund
1.37
0.48
0.62
0.50
Hdfc Overnight Fund
1.20
0.42
0.61
0.50
Hsbc Overnight Fund
3.84
3.60
0.63
0.38
Bandhan Overnight Fund
1.30
0.46
0.61
0.49
Aditya Birla Sun Life Overnight Fund
1.29
0.45
0.61
0.49
Baroda Bnp Paribas Overnight Fund
1.38
0.49
0.62
0.50
Bank Of India Overnight Fund
1.75
0.63
0.63
0.49
Canara Robeco Overnight Fund
1.33
0.47
0.61
0.50