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NIPPON INDIA OVERNIGHT FUND - DAILY IDCW Option

Nippon India · Overnight
Low
₹100.00
Current NAV
25 Jun 2026
11.0%
1Y Return
20.0%
3Y CAGR
12.0%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.60).
  • Generates significant excess returns relative to benchmark index (Alpha: 4.10).
  • Very large asset base (AUM: ₹24,150 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Higher expense ratio (1.9%) which can affect compounding over long horizons.
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
1.60
Sharpe Ratio
1.50
Beta
4.10
Alpha
2.08
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Fund Details
Fund House Nippon India
Category Overnight
AUM ₹24150 Cr
Expense Ratio 1.90%
Min SIP ₹500
Min Lumpsum ₹1000
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