JM Overnight Fund - Regular Plan - Growth Option
Overnight Funds invest in securities that mature the next day. They carry very low interest-rate and credit risk.
- Current NAV₹1,395.52
- Fund Size (AUM)—
- Expense Ratio—
- 1Y Return+5.01%
- 3Y Return (CAGR)+5.84%
- 5Y Return (CAGR)+5.60%
- Category Rank (3Y)—
- Riskometer—
- Min. SIP / Lump sum—
More figures (11)
- Since Launch (CAGR)+105.27%
- Benchmark—
- Volatility (3Y)0.12 %
- Sharpe Ratio (3Y)-5.69
- Beta (3Y)—
- 52-week High / Low₹1,395.52 / ₹1,328.93
- Max Drawdown—
- Launched4 Dec 2019
- Lock-in—
- Portfolio Turnover—
- Fund Managers—
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 5.6% a year.
- Volatility over 3 years was 0.1% a year, with a Sharpe ratio of -5.69.
- Across all 3-year periods since launch, yearly returns ranged from 3.7% to 382.3% and were positive 100% of the time.
Pros
AI- Every 3-year period since launch gave a positive return (lowest 3.7% a year).
Cons
AINo standout weaknesses in its record so far.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +0.10% | +0.42% | +1.22% | +2.46% | +3.91% | +5.01% | +5.46% | +5.84% | +5.60% | — | — | +105.27% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Regular Growth plans in Overnight Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| This fund | +3.91% | +5.62% | +6.58% | +6.62% | +4.59% | +3.15% | +3.35% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.2 | |||
| 2025 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.4 | 5.6 |
| 2024 | 0.6 | 0.5 | 0.6 | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 6.6 |
| 2023 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.6 | 6.6 |
| 2022 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 4.6 |
| 2021 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 3.1 |
| 2020 | 0.4 | 0.4 | 0.3 | 0.2 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | 3.3 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 82 of 82 months shown (100%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 0.12% | 0.12% |
| Sharpe ratio ? | -5.69 | -7.27 |
| Sortino ratio ? | -4.16 | -5.38 |
| Maximum drawdown | 0.00% | 0.00% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,23,212 | ₹3,212 | +4.98% |
| 3Y | ₹3,60,000 | ₹3,91,198 | ₹31,198 | +5.47% |
| 5Y | ₹6,00,000 | ₹6,93,592 | ₹93,592 | +5.73% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Overnight Funds (39)
| S.No. | Scheme (Regular plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | 360 ONE Overnight Fund360 ONE Mutual Fund | ₹1,067.48 | — | — | — | — | — | — | — | — |
| 2. | ADITYA BIRLA SUN LIFE OVERNIGHT FUNDAditya Birla Sun Life Mutual Fund | ₹1,483.94 | — | — | — | — | — | — | — | — |
| 3. | Axis Overnight FundAxis Mutual Fund | ₹1,460.15 | — | — | — | — | — | — | — | — |
| 4. | Bajaj Finserv Overnight FundBajaj Finserv Mutual Fund | ₹1,213.34 | — | — | — | — | — | — | — | — |
| 5. | BANDHAN Overnight FundBandhan Mutual Fund | ₹1,464.52 | — | — | — | — | — | — | — | — |
| 6. | BANK OF INDIA OVERNIGHT FUNDBank of India Mutual Fund | ₹1,405.01 | — | — | — | — | — | — | — | — |
| 7. | Baroda BNP Paribas Overnight FundBaroda BNP Paribas Mutual Fund | ₹1,447.51 | — | — | — | — | — | — | — | — |
| 8. | Canara Robeco Overnight FundCanara Robeco Mutual Fund | ₹1,427.51 | — | — | — | — | — | — | — | — |
| 9. | Choice Overnight FundChoice Mutual Fund | ₹101.4195 | — | — | — | — | — | — | — | — |
| 10. | DSP Overnight FundDSP Mutual Fund | ₹1,474.04 | — | — | — | — | — | — | — | — |
| 11. | Edelweiss Overnight FundEdelweiss Mutual Fund | ₹1,426.68 | — | — | — | — | — | — | — | — |
| 12. | Franklin India Overnight FundFranklin Templeton Mutual Fund | ₹1,439.46 | — | — | — | — | — | — | — | — |
| 13. | Groww Overnight FundGroww Mutual Fund | ₹1,416.02 | — | — | — | — | — | — | — | — |
| 14. | HDFC Overnight FundHDFC Mutual Fund | ₹4,059.77 | — | — | — | — | — | — | — | — |
| 15. | Helios Overnight FundHelios Mutual Fund | ₹1,185.48 | — | — | — | — | — | — | — | — |
| 16. | HSBC Overnight FundHSBC Mutual Fund | ₹1,436.26 | — | — | — | — | — | — | — | — |
| 17. | ICICI Prudential Overnight FundICICI Prudential Mutual Fund | ₹1,482.38 | — | — | — | — | — | — | — | — |
| 18. | Invesco India Overnight FundInvesco Mutual Fund | ₹1,393.76 | — | — | — | — | — | — | — | — |
| 19. | ITI Overnight FundITI Mutual Fund | ₹1,389.74 | — | — | — | — | — | — | — | — |
| 20. | JioBlackRock Overnight FundJio BlackRock Mutual Fund | ₹1,007.35 | — | — | — | — | — | — | — | — |
| 21. | JM Overnight FundJM Financial Mutual Fund | ₹1,395.52 | — | — | — | — | — | — | — | — |
| 22. | Kotak Overnight FundKotak Mahindra Mutual Fund | ₹1,466.87 | — | — | — | — | — | — | — | — |
| 23. | LAKSHYA OVERNIGHT FUNDLakshya Mutual Fund | ₹1,003.79 | — | — | — | — | — | — | — | — |
| 24. | LIC MF Overnight FundLIC Mutual Fund | ₹1,423.14 | — | — | — | — | — | — | — | — |
| 25. | Mahindra Manulife Overnight FundMahindra Manulife Mutual Fund | ₹1,422.96 | — | — | — | — | — | — | — | — |
| 26. | Mirae Asset Overnight FundMirae Asset Mutual Fund | ₹1,411.05 | — | — | — | — | — | — | — | — |
| 27. | Monarch Overnight FundMonarch Mutual Fund | ₹1,005.56 | — | — | — | — | — | — | — | — |
| 28. | Nippon India Overnight FundNippon India Mutual Fund | ₹147.6954 | — | — | — | — | — | — | — | — |
| 29. | NJ Overnight FundNJ Mutual Fund | ₹1,275.87 | — | — | — | — | — | — | — | — |
| 30. | PGIM India Overnight FundPGIM India Mutual Fund | ₹1,420.15 | — | — | — | — | — | — | — | — |
| 31. | quant Overnight Fundquant Mutual Fund | ₹12.5946 | — | — | — | — | — | — | — | — |
| 32. | Samco Overnight FundSamco Mutual Fund | ₹1,252.09 | — | — | — | — | — | — | — | — |
| 33. | SBI OVERNIGHT FUNDSBI Mutual Fund | ₹4,440.15 | — | — | — | — | — | — | — | — |
| 34. | Shriram Overnight FundShriram Mutual Fund | ₹1,274.34 | — | — | — | — | — | — | — | — |
| 35. | Sundaram Overnight FundSundaram Mutual Fund | ₹1,459.71 | — | — | — | — | — | — | — | — |
| 36. | Tata Overnight FundTata Mutual Fund | ₹1,449.39 | — | — | — | — | — | — | — | — |
| 37. | TRUSTMF Overnight FundTrust Mutual Fund | ₹1,305.52 | — | — | — | — | — | — | — | — |
| 38. | Union Overnight FundUnion Mutual Fund | ₹1,446.73 | — | — | — | — | — | — | — | — |
| 39. | UTI - Overnight FundUTI Mutual Fund | ₹3,746.92 | — | — | — | — | — | — | — | — |
| Median: 39 schemes | — | — | — | — | — | — | — | — | — |
Detailed comparison with another fund About Overnight Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Fund house
- JM Financial Mutual Fund
- Category
- Overnight Funds · Debt
- Plan / option
- Regular · Growth
- AMFI scheme code
- 147836
- ISIN
- INF192K01LX4
- Exit load & portfolio
- See the scheme's KIM and monthly factsheet on the fund house website.
About Overnight Funds
Overnight Funds invest in securities that mature the next day. They carry very low interest-rate and credit risk.
Generally used by parking money for a few days with very low risk.
Other plans of this scheme
- JM Overnight Fund - Direct Plan - Growth Option
- JM Overnight Fund - Direct Plan - Unclaimed Redemption - Growth Plan
- JM Overnight Fund - Direct Plan - Unclaimed Redemption I.E.F - Growth Plan
- JM Overnight Fund - Direct Plan - Daily IDCW Option
- JM Overnight Fund - Direct Plan - Unclaimed IDCW - Growth Plan
- JM Overnight Fund - Direct Plan - Unclaimed IDCW I.E.F - Growth Plan
- JM Overnight Fund - Direct Plan - Weekly IDCW Option
- JM Overnight Fund - Regular Plan - Daily IDCW Option
Tax on your gains
Likely tax treatment: Debt-oriented fund ("specified mutual fund")
- Units bought on or after 1 April 2023: gains are added to your income and taxed at your slab rate, however long you hold them.
- No long-term rate or indexation benefit for these units.
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM. Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Latest news: JM Financial Mutual Fund
- JM Financial AMC announces shifting of branchInvestment Guru India · 13 Oct
- JM Financial AMC's Deepak Gupta sees export sectors leading as FII flows could improve over next 2-4 quartersCNBC TV18 · 7 Oct
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
What is the NAV of JM Overnight Fund today?
What returns has JM Overnight Fund given?
What is the expense ratio of JM Overnight Fund?
How risky is this fund?
What is the difference between Direct and Regular plans?
What are Overnight Funds?
How are gains from JM Overnight Fund taxed?
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