Nj Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 17-01-2025
NAV ₹1165.06(R) +0.02% ₹1167.96(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.53% -% -% -% -%
LumpSum (D) 6.63% -% -% -% -%
SIP (R) 6.49% -% -% -% -%
SIP (D) 6.6% -% -% -% -%
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: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
NJ Overnight Fund - Unclaimed Redemption Plan - Upto 3 Years 1014.7
0.1700
0.0200%
NJ Overnight Fund - Regular Plan - Growth Option 1165.06
0.2000
0.0200%
NJ Overnight Fund - Direct Plan - Growth Option 1167.96
0.2000
0.0200%

Review Date: 17-01-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the four return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided 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%: One return parameter of the NJ Overnight Fund is above average but below the top 25% in the category, as listed below:
      • 1M Return %
    3. Below Average: NJ Overnight Fund has three return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 6M Return %
      • 3M Return %
  2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. 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: 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.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.55
0.55
0.53 | 0.57 15 | 34 Good
3M Return % 1.61
1.62
1.55 | 1.68 29 | 34 Poor
6M Return % 3.18
3.22
3.07 | 3.32 31 | 34 Poor
1Y Return % 6.53
6.61
6.29 | 6.85 32 | 34 Poor
1Y SIP Return % 6.49
6.56
6.25 | 6.78 31 | 34 Poor
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.56 0.56 0.54 | 0.57 9 | 34
3M Return % 1.63 1.64 1.58 | 1.70 26 | 34
6M Return % 3.23 3.26 3.16 | 3.35 30 | 34
1Y Return % 6.63 6.69 6.48 | 6.93 30 | 34
1Y SIP Return % 6.60 6.65 6.44 | 6.86 28 | 34
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 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 0.55 ₹ 10,055.00 0.56 ₹ 10,056.00
3M 1.61 ₹ 10,161.00 1.63 ₹ 10,163.00
6M 3.18 ₹ 10,318.00 3.23 ₹ 10,323.00
1Y 6.53 ₹ 10,653.00 6.63 ₹ 10,663.00
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 6.49 ₹ 12,418.36 6.60 ₹ 12,425.24
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Nj Overnight Fund NAV Regular Growth Nj Overnight Fund NAV Direct Growth
17-01-2025 1165.0584 1167.9621
16-01-2025 1164.8611 1167.7611
15-01-2025 1164.6637 1167.56
14-01-2025 1164.4685 1167.3611
13-01-2025 1164.2795 1167.1685
10-01-2025 1163.6627 1166.5405
09-01-2025 1163.4555 1166.3296
08-01-2025 1163.2482 1166.1186
07-01-2025 1163.0416 1165.9083
06-01-2025 1162.8362 1165.6992
03-01-2025 1162.2396 1165.0916
02-01-2025 1162.0436 1164.8919
01-01-2025 1161.7093 1164.5536
31-12-2024 1161.5192 1164.3598
30-12-2024 1161.3143 1164.1513
27-12-2024 1160.6924 1163.5182
26-12-2024 1160.4854 1163.3076
24-12-2024 1160.0868 1162.9017
23-12-2024 1159.8868 1162.698
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

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.