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Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Regular Plan- Weekly - Income Distribution cum capital withdrawal Option (Payout & Reinvestment)

Groww · Overnight
Low
₹1001.42
Current NAV
25 Jun 2026
25.5%
1Y Return
23.5%
3Y CAGR
15.5%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Highly cost-efficient with a low expense ratio of 0.95%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.95).
  • Generates significant excess returns relative to benchmark index (Alpha: 5.95).
  • Very large asset base (AUM: ₹12,500 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
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
1.95
Sharpe Ratio
0.95
Beta
5.95
Alpha
2.63
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Fund Details
Fund House Groww
Category Overnight
AUM ₹12500 Cr
Expense Ratio 0.95%
Min SIP ₹500
Min Lumpsum ₹1000
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