Nj Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank N/A
Rating N/A
Growth Option 21-02-2025
NAV ₹1171.97(R) +0.02% ₹1175.0(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.5% -% -% -% -%
Direct 6.61% -% -% -% -%
Benchmark
SIP (XIRR) Regular 6.47% -% -% -% -%
Direct 6.57% -% -% -% -%
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
Dsp Overnight Fund 5
Mirae Asset Overnight Fund 6

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
NJ Overnight Fund - Unclaimed Redemption Plan - Upto 3 Years 1020.81
0.1700
0.0200%
NJ Overnight Fund - Regular Plan - Growth Option 1171.97
0.1900
0.0200%
NJ Overnight Fund - Direct Plan - Growth Option 1175.0
0.2000
0.0200%

Review Date: 21-02-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed four return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    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: 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 % 0.52
0.53
0.50 | 0.54 30 | 34 Poor
3M Return % 1.61
1.62
1.55 | 1.66 31 | 34 Poor
6M Return % 3.20
3.24
3.09 | 3.32 31 | 34 Poor
1Y Return % 6.50
6.58
6.25 | 6.77 32 | 34 Poor
1Y SIP Return % 6.47
6.54
6.22 | 6.71 31 | 34 Poor
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.53 0.54 0.52 | 0.55 29 | 34
3M Return % 1.63 1.64 1.58 | 1.66 27 | 34
6M Return % 3.25 3.28 3.18 | 3.35 29 | 34
1Y Return % 6.61 6.67 6.46 | 6.86 29 | 34
1Y SIP Return % 6.57 6.62 6.41 | 6.77 29 | 34
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
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 0.52 ₹ 10,052.00 0.53 ₹ 10,053.00
3M 1.61 ₹ 10,161.00 1.63 ₹ 10,163.00
6M 3.20 ₹ 10,320.00 3.25 ₹ 10,325.00
1Y 6.50 ₹ 10,650.00 6.61 ₹ 10,661.00
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 6.47 ₹ 12,418.39 6.57 ₹ 12,425.27
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Nj Overnight Fund NAV Regular Growth Nj Overnight Fund NAV Direct Growth
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
06-02-2025 1169.0631 1172.0409
05-02-2025 1168.8698 1171.844
04-02-2025 1168.6698 1171.6402
03-02-2025 1168.4766 1171.4434
31-01-2025 1167.8742 1170.8298
30-01-2025 1167.6719 1170.6238
29-01-2025 1167.4711 1170.4193
28-01-2025 1167.27 1170.2145
27-01-2025 1167.0678 1170.0086
24-01-2025 1166.4631 1169.3927
23-01-2025 1166.2613 1169.1872
22-01-2025 1166.0614 1168.9835
21-01-2025 1165.8567 1168.7751

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.