Nj Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank N/A
Rating N/A
Growth Option 07-03-2025
NAV ₹1174.63(R) +0.02% ₹1177.72(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.47% -% -% -% -%
Direct 6.58% -% -% -% -%
Benchmark
SIP (XIRR) Regular 6.43% -% -% -% -%
Direct 6.54% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Uti Overnight Fund 3
TRUSTMF Overnight Fund 4
Invesco India Overnight Fund 5
Pgim India Overnight Fund 6

NAV Date: 07-03-2025

Scheme Name NAV Rupee Change Percent Change
NJ Overnight Fund - Unclaimed Redemption Plan - Upto 3 Years 1023.17
0.1700
0.0200%
NJ Overnight Fund - Regular Plan - Growth Option 1174.63
0.1900
0.0200%
NJ Overnight Fund - Direct Plan - Growth Option 1177.72
0.1900
0.0200%

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined four return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: NJ Overnight Fund has four return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 6M Return %
      • 3M Return %
      • 1M Return %
  2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed zero risk parameters of NJ Overnight Fund, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
    1. Lowest 25%: NJ Overnight Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: NJ Overnight Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: NJ Overnight Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For NJ Overnight Fund, we have evaluated zero risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


Date Nj Overnight Fund NAV Regular Growth Nj Overnight Fund NAV Direct Growth
07-03-2025 1174.6304 1177.7161
06-03-2025 1174.441 1177.523
05-03-2025 1174.2587 1177.337
04-03-2025 1174.0752 1177.1497
03-03-2025 1173.8926 1176.9634
28-02-2025 1173.3183 1176.3779
27-02-2025 1173.1267 1176.1826
25-02-2025 1172.7386 1175.787
24-02-2025 1172.5457 1175.5904
21-02-2025 1171.9661 1174.9997
20-02-2025 1171.7732 1174.8031
19-02-2025 1171.5786 1174.6048
18-02-2025 1171.3859 1174.4083
17-02-2025 1171.1937 1174.2124
14-02-2025 1170.6123 1173.6198
13-02-2025 1170.4174 1173.4212
12-02-2025 1170.2224 1173.2225
11-02-2025 1170.0302 1173.0266
10-02-2025 1169.8379 1172.8306
07-02-2025 1169.2571 1172.2387

Fund Launch Date: 01/Aug/2022
Fund Category: Overnight Fund
Investment Objective: The investment objective of the scheme is to seek to generate returns commensurate with risk of investments in overnight instruments.However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Fund Description: An open ended debt scheme investing in overnight securities with a relatively low interest rate risk and relatively low credit risk
Fund Benchmark: NIFTY 1D Rate Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.