NJ Overnight Fund
Get the latest NAV of NJ Overnight Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1247.35
NAV as on 05 Apr 2026
6.2%/per year
Since Inception
▲▼
3 people have invested ₹ 30.5K in NJ Overnight Fund in the last three months
NJ Overnight Fund Performance vs. Overnight Index
Fund returns vs Benchmark returns vs Category Average returns as on (05-Apr-26)
The fund has outperformed the benchmark (Overnight Index) over 3Y, but underperformed over 1Y, 5Y.
Peer comparison
NJ Overnight Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
NJ Overnight Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
NJ Overnight Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
NJ Overnight Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.05% |
Benchmark | Nifty 1D Rate TR INR |
| AUM | ₹409 Cr |
| Inception Date | 1 August, 2022 |
| Min Lumpsum/SIP | ₹5,000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Low Risk |
About NJ Overnight Fund
NJ Overnight Fund is a debt fund. This fund was started on 1 August, 2022. The fund is managed by Viral Shah, Dhaval Patel. This fund is suitable to keep your money safe.
Key Parameters
- NJ Overnight Fund has ₹409 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
NJ Overnight Fund has given a CAGR return of 6.20% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 5.38% and 6.23% respectively.
Holdings
NJ Overnight Fund has allocated its funds majorly in Cash Equivalent. Its top holdings are
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of NJ Overnight Fund
The investment objective of the scheme is to seek to generate returns commensurate with risk of investments in overnight instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. NJ Overnight Fund has no lock in period.
Fund Manager
Viral Shah
Fund Manager of NJ Overnight Fund, since 20 October 2022
Dhaval Patel
Fund Manager of NJ Overnight Fund, since 8 March 2023
- AUM of the fund stands at 409.2 Cr as of Feb'26
- AUM increased by 55.1 Cr between Feb'26 and Jan'26
Frequently Asked Questions for NJ Overnight Fund
How do I invest in NJ Overnight Fund?
- Download the INDmoney app.
- Search for ‘NJ Overnight Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.