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NJ Overnight Fund - Unclaimed Redemption Plan - Upto 3 Years

NJ · Overnight
Low
₹1096.14
Current NAV
28 Jun 2026
12.8%
1Y Return
22.8%
3Y CAGR
13.8%
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: 1.88).
  • Generates significant excess returns relative to benchmark index (Alpha: 4.88).
  • Very large asset base (AUM: ₹23,930 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Higher expense ratio (1.88%) 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
1.88
Sharpe Ratio
1.48
Beta
4.88
Alpha
2.41
Sortino
Fund Details
Fund House NJ
Category Overnight
AUM ₹23930 Cr
Expense Ratio 1.88%
Min SIP ₹500
Min Lumpsum ₹1000
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