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Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Growth Option

Groww · Overnight
Low
₹1418.95
Current NAV
30 Oct 2026
5.0%
1Y Return
5.8%
3Y CAGR
5.5%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Generates significant excess returns relative to benchmark index (Alpha: 2.19).
  • Very large asset base (AUM: ₹23,240 Cr) indicating high investor trust and liquidity.
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Higher expense ratio (1.99%) which can affect compounding over long horizons.
  • 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
1.19
Sharpe Ratio
0.79
Beta
2.19
Alpha
1.42
Sortino
Fund Details
Fund House Groww
Category Overnight
AUM ₹23240 Cr
Expense Ratio 1.99%
Min SIP ₹500
Min Lumpsum ₹1000
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