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Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Unclaimed Redemption < 3 Years

Groww · Overnight
Low
₹1288.73
Current NAV
25 Jun 2026
10.1%
1Y Return
10.1%
3Y CAGR
11.1%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Generates significant excess returns relative to benchmark index (Alpha: 5.61).
  • Very large asset base (AUM: ₹13,660 Cr) indicating high investor trust and liquidity.
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Higher expense ratio (2.21%) which can affect compounding over long horizons.
  • Lower risk-adjusted performance compared to top peers in the same category.
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
0.61
Sharpe Ratio
1.41
Beta
5.61
Alpha
0.74
Sortino
Fund Details
Fund House Groww
Category Overnight
AUM ₹13660 Cr
Expense Ratio 2.21%
Min SIP ₹500
Min Lumpsum ₹1000
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