Home› Funds› Groww Overnight Fund (formerly known as Indiabulls

Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment)

Groww · Overnight
Low
₹1001.49
Current NAV
30 Oct 2026
0.0%
1Y Return
0.0%
3Y CAGR
0.0%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.25%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.85).
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Sluggish 3-year performance, lagging behind primary equity benchmarks.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
1.85
Sharpe Ratio
1.45
Beta
0.85
Alpha
2.31
Sortino
Fund Details
Fund House Groww
Category Overnight
AUM ₹5400 Cr
Expense Ratio 0.25%
Min SIP ₹500
Min Lumpsum ₹1000
SIP Calculator Compare Funds
Similar Funds in Overnight
ICICI Prudential Overnight Fund - Annual IDCW
ICICI Prudential
₹1032.77 907.4%
ICICI Prudential Overnight Fund - Direct Plan - Annual IDCW
ICICI Prudential
₹1033.57 907.3%
ICICI Prudential Overnight Fund - Half Yearly IDCW
ICICI Prudential
₹1015.48 905.4%
ICICI Prudential Overnight Fund - Direct Plan - Half Yearly IDCW
ICICI Prudential
₹1015.78 905.3%