Home› Funds› JM Overnight Fund (Direct) - Daily IDCW

JM Overnight Fund (Direct) - Daily IDCW

JM Overnight · Overnight
Low
₹1000.00
Current NAV
26 Jun 2026
12.1%
1Y Return
22.1%
3Y CAGR
13.1%
5Y CAGR
Add to Watchlist
Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Highly cost-efficient with a low expense ratio of 0.81%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.81).
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
1.81
Sharpe Ratio
1.41
Beta
0.81
Alpha
2.19
Sortino
Fund Details
Fund House JM Overnight
Category Overnight
AUM ₹4860 Cr
Expense Ratio 0.81%
Min SIP ₹500
Min Lumpsum ₹1000
SIP Calculator Compare Funds
Similar Funds in Overnight
HDFC Overnight Fund - Daily IDCW Option - Direct Plan
HDFC
₹1042.66 31.8%
NIPPON INDIA OVERNIGHT FUND - WEEKLY IDCW Option
Nippon India
₹100.09 31.8%
CANARA ROBECO OVERNIGHT FUND - REGULAR PLAN - GROWTH OPTION
Canara Robeco
₹1405.44 31.7%
ICICI Prudential Overnight Fund - Direct Plan - Annual IDCW
ICICI Prudential
₹1033.57 31.7%