Nj Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 20-12-2024
NAV ₹1159.27(R) +0.02% ₹1162.07(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.54% -% -% -% -%
LumpSum (D) 6.64% -% -% -% -%
SIP (R) -24.03% -% -% -% -%
SIP (D) -23.94% -% -% -% -%
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
Invesco India Overnight Fund 4
Mirae Asset Overnight Fund 5
Pgim India Overnight Fund 6

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
NJ Overnight Fund - Unclaimed Redemption Plan - Upto 3 Years 1011.66
0.1800
0.0200%
NJ Overnight Fund - Regular Plan - Growth Option 1159.27
0.2100
0.0200%
NJ Overnight Fund - Direct Plan - Growth Option 1162.07
0.2100
0.0200%

Review Date: 20-12-2024

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 is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For NJ Overnight Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described 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: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    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.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.51
0.51
0.49 | 0.53 31 | 34 Poor
3M Return % 1.57
1.58
1.52 | 1.65 30 | 34 Poor
6M Return % 3.17
3.21
3.05 | 3.30 32 | 34 Poor
1Y Return % 6.54
6.62
6.31 | 6.88 32 | 34 Poor
1Y SIP Return % -24.03
-23.96
-24.22 | -23.77 32 | 34 Poor
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.51 0.52 0.50 | 0.54 30 | 34
3M Return % 1.59 1.61 1.56 | 1.67 27 | 34
6M Return % 3.22 3.25 3.16 | 3.34 30 | 34
1Y Return % 6.64 6.71 6.50 | 6.97 31 | 34
1Y SIP Return % -23.94 -23.89 -24.06 | -23.71 30 | 34
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.02 ₹ 10,002.00 0.02 ₹ 10,002.00
1W 0.12 ₹ 10,012.00 0.12 ₹ 10,012.00
1M 0.51 ₹ 10,051.00 0.51 ₹ 10,051.00
3M 1.57 ₹ 10,157.00 1.59 ₹ 10,159.00
6M 3.17 ₹ 10,317.00 3.22 ₹ 10,322.00
1Y 6.54 ₹ 10,654.00 6.64 ₹ 10,664.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -24.03 ₹ 10,373.36 -23.94 ₹ 10,379.82
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Nj Overnight Fund NAV Regular Growth Nj Overnight Fund NAV Direct Growth
20-12-2024 1159.2678 1162.0679
19-12-2024 1159.0621 1161.8585
18-12-2024 1158.8616 1161.6543
17-12-2024 1158.6637 1161.4528
16-12-2024 1158.458 1161.2434
13-12-2024 1157.8471 1160.6215
12-12-2024 1157.6439 1160.4146
11-12-2024 1157.4483 1160.2154
10-12-2024 1157.2425 1160.0059
09-12-2024 1157.0402 1159.8
06-12-2024 1156.4397 1159.1885
05-12-2024 1156.2404 1158.9855
04-12-2024 1156.037 1158.7785
03-12-2024 1155.8447 1158.5826
02-12-2024 1155.6553 1158.3896
29-11-2024 1155.0574 1157.7807
28-11-2024 1154.8549 1157.5746
27-11-2024 1154.651 1157.367
26-11-2024 1154.4461 1157.1585
25-11-2024 1154.2406 1156.9493
22-11-2024 1153.6253 1156.3231
21-11-2024 1153.4205 1156.1146

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.