Nippon Mutual Fund

Nippon India Overnight Fund (G)

DebtOvernight
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Top Ranked

₹ 135.99

NAV (Mar 17)

6.161%
3 Year CAGR
Scripbox Opinion
not-recommended
Top Ranked
These are the top-ranked funds within overnight mutual funds.Overnight Funds invest in securities with a maturity of 1 day.

These investments have very low interest rate risk; however this also reduces return.

The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.

Our analysis of this fundLearn how we rate funds ->

Consistency of Credit quality

Category Leader

The fund has been a Category Leader on the Consistency of Credit Quality metric

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

View all 7 analysis

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Nippon India Overnight Fund (G) Calculator

Investment Duration5 years

7,32,612

Total Investment

91,604

Wealth Gained

8,24,216

Total Corpus Created (₹)

With CAGR of 4.914 % in 5 years

Historical NAV

₹ 135.9886

NAV (Mar 17)

Fund Returns

Last 1Y
6.6%
Last 3Y
6.2%
Last 5Y
4.9%
Last 10Y
-
Since Inception
5%
6 Month CAGR
3.2%

Scheme Information

Investment Objective

The scheme seeks to generate optimal returns with low risk and high liquidity by investing in debt and money market instruments with overnight maturity.

Expense Ratio
0.16 %
Launched 6Y ago
2018-12-18
AUM in Crores
6838.5
ISIN
INF204KB1Q65
Lock-in (days)
No Lock-in
Benchmark
CRISIL Liquid Overnight Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation
0.3
Beta
0.5
Sharpe Ratio
-0.5
YTM
-
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Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Overnight Fund (G)70%8,24,216 91,6044.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

asset-allocation

Asset allocation and Holdings

Last updated on 2025-03-12

Top Debt Holdings

Others

87.73%
87.73%

Others

4.04%
4.04%

Others

2.2%
2.2%

Reserve Bank of India

1.26%
1.26%

Reserve Bank of India

1.26%
1.26%
See all holdings
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comparison

Comparison with Debt Funds

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About the AMC

Nippon India Mutual Fund

Reliance Nippon India Mutual Fund was established in 1996. It is a joint venture between India's Reliance Mutual Fund and Japan's Nippon Life Insurance Company. It is india's top asset management company with a total AUM of Rs 1.8 Lac Crore with about 91.9 lac active folios. It is the first compnay to be listed and traded on both the NSE and Bombay Stock Exchange (BSE).amc-img
Fund NameScripbox Opinion
Till Date CAGR

6.4%

6.9%

7.5%

8.6%

20.4%

20.1%

18.2%

12.5%

6.2%

5%

Nippon India Overnight Fund (G) Calculator

Investment Duration5 years

7,32,612

Total Investment

91,604

Wealth Gained

8,24,216

Total Corpus Created (₹)

With CAGR of 4.914 % in 5 years

Nippon India Overnight Fund (G) Review

Nippon India Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 5.04% over 6 years. The fund has grown over a period of 6 years. The fund is managed by Nippon India Mutual Fund. The fund managers are Anju Chhajer, Siddharth Deb.

Nav of Nippon India Overnight Fund (G) as of 3/17/2025 is ₹135.99 with the total AUM as of 3/18/2025 is ₹6838.54. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Overnight Fund (G) was launched on 2018-12-18. The category risk of the fund is Low.

The minimum SIP amount for Nippon India Overnight Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Nippon India Overnight Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Liquid Overnight Index.

Scripbox has rated it 4 stars, indicating it's a top ranking fund in the Debt category and delivered 6.58% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Overnight Fund (G).

Frequently Asked Questions

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Nippon India Overnight Fund (G) Calculator

Investment Duration5 years

7,32,612

Total Investment

91,604

Wealth Gained

8,24,216

Total Corpus Created (₹)

With CAGR of 4.914 % in 5 years