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NIPPON INDIA OVERNIGHT FUND - DIRECT Plan - WEEKLY IDCW Option

Nippon India · Overnight
Low
₹100.09
Current NAV
25 Jun 2026
18.9%
1Y Return
12.9%
3Y CAGR
19.9%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.79%.
  • Generates significant excess returns relative to benchmark index (Alpha: 4.89).
  • Very large asset base (AUM: ₹24,440 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
0.89
Sharpe Ratio
1.09
Beta
4.89
Alpha
1.06
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Fund Details
Fund House Nippon India
Category Overnight
AUM ₹24440 Cr
Expense Ratio 0.79%
Min SIP ₹500
Min Lumpsum ₹1000
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