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Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Unclaimed Dividend > 3 Years

Groww · Overnight
Low
₹1183.09
Current NAV
27 Nov 2024
6.7%
1Y Return
5.8%
3Y CAGR
16.9%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.79).
  • Generates significant excess returns relative to benchmark index (Alpha: 6.29).
  • Very large asset base (AUM: ₹19,340 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Higher expense ratio (2.09%) 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
1.79
Sharpe Ratio
0.49
Beta
6.29
Alpha
2.13
Sortino
Fund Details
Fund House Groww
Category Overnight
AUM ₹19340 Cr
Expense Ratio 2.09%
Min SIP ₹500
Min Lumpsum ₹1000
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