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JM Overnight Fund - (Direct) - Unclaimed Redemption I.E.F. - Growth Plan

JM Overnight · Overnight
Low
₹1073.99
Current NAV
03 Nov 2026
—
1Y Return
—
3Y CAGR
21.4%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.64%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.34).
  • Generates significant excess returns relative to benchmark index (Alpha: 5.84).
  • Very large asset base (AUM: ₹22,890 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
1.34
Sharpe Ratio
1.24
Beta
5.84
Alpha
1.80
Sortino
Fund Details
Fund House JM Overnight
Category Overnight
AUM ₹22890 Cr
Expense Ratio 0.64%
Min SIP ₹500
Min Lumpsum ₹1000
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