Bandhan Overnight Fund Direct-Growth

Q: What are the returns of Bandhan Overnight Fund?

The Bandhan Overnight Fund is a 6 yrs 4 m old fund and has delivered average annual returns of 5.12% since inception. Bandhan Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 6.48% 6.42% 5.13% 5.12%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1376.1244+0.02% 1 day change	5.12% p.a.	#NA View Ranked Funds	₹805 Crs

Historical NAV & returns

NAV: ₹1376.1244 as on Jun 05, 2025

This fund Category average

Bandhan Overnight Fund overview

Expense ratio	0.05% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹805 Crs
Lock-in	No Lockin
Age	6 yrs 4 m since Jan 16, 2019
Benchmark	NIFTY 1D Rate Index
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Bandhan Overnight Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 01, 2025

Period	This fund	Category average
1 Month	0.47%	0.47%
3 Months	1.49%	1.49%
6 Months	3.12%	3.11%
1 Year	6.48%	6.47%
2 Years	6.65%	6.64%
3 Years	6.42%	6.42%
4 Years	5.66%	5.66%
5 Years	5.13%	5.14%

Asset allocationas on Dec 31, 2024

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Cash & Call Money 93.32%

SOV 6.21%

Others 0.47%

Top Debt Holdings

Reserve Bank of India 6.21%

Others 0.47%

Allocation by Instruments

Reverse Repo 93.35%

Treasury Bills 6.21%

Margin Money 0.47%

Other Holdings

Others 93.35%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Bandhan Overnight Fund	N.A.	₹805 Crs	6 yrs 4 m	0.05%
Mirae Asset Overnight Fund	N.A.	₹864 Crs	5 yrs 7 m	0.07%
HSBC Overnight Fund	N.A.	₹2,710 Crs	6 yrs	0.06%
PGIM India Overnight Fund	N.A.	₹103 Crs	5 yrs 9 m	0.14%
Bank of India Overnight Fund	N.A.	₹50 Crs	5 yrs 4 m	0.09%
Edelweiss Overnight Fund	N.A.	₹191 Crs	5 yrs 10 m	0.11%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bandhan Overnight Fund	0.47%	3.12%	6.48%	6.42%	5.13%	N.A.
Mirae Asset Overnight Fund	0.47%	3.12%	6.49%	6.44%	5.18%	2.84%
HSBC Overnight Fund	0.47%	3.12%	6.48%	6.43%	5.17%	3.05%
PGIM India Overnight Fund	0.46%	3.12%	6.47%	6.41%	5.15%	2.9%
Bank of India Overnight Fund	0.48%	3.17%	6.58%	6.51%	5.23%	2.73%
Edelweiss Overnight Fund	0.46%	3.08%	6.41%	6.36%	5.1%	2.93%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bandhan Overnight Fund	0.17	0.24	-0.34	-0.35
Mirae Asset Overnight Fund	0.17	0.24	-0.21	-0.22
HSBC Overnight Fund	0.17	0.24	-0.3	-0.34
PGIM India Overnight Fund	0.16	0.24	-0.4	-0.41
Bank of India Overnight Fund	0.17	0.24	0.14	0.14
Edelweiss Overnight Fund	0.17	0.24	-0.66	-0.7

View all Overnight funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.4 vs. 1.41 Underperformed at beating benchmark
Sharpe	-0.34 vs. 1.29 Poor risk-adjusted returns
Beta	0.24 vs. -0.06 More sensitive to market's ups & downs
Standard deviation	0.17 vs. 0.11 More volatile performance

Compare Bandhan Overnight Fund in detail with

About this fund

About Bandhan Overnight Fund

Bandhan Overnight Fund Direct-Growth is a Overnight mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 6 yrs 4 m, having been launched on 16/01/2019. Bandhan Overnight Fund Direct-Growth has ₹805 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bandhan Overnight Fund Direct-Growth as of 05/06/2025 is ₹1376.12. The fund has an expense ratio of 0.05%, which is close to what most other Overnight funds charge.

Bandhan Overnight Fund Direct-Growth returns of last 1-year are 6.50%. Since launch, it has delivered 5.13% average annual returns.
Bandhan Overnight Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very low indicating it has lent to borrowers whose quality is poor. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Reserve Bank of India.

...

Fund AUM	₹805 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Brijesh Shah

Mr. Shah is a Post Graduate Diploma in Finance. Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.

Investment objective

The scheme seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates.

Bandhan Mutual Fund details

No. of schemes	66 view all schemes
Total AUM	₹1,67,339 Crs as on Mar 31, 2025
Address	One World Centre, 6th Floor, Tower 1C, Senapati Bapat Marg, Prabhadevi Mumbai, 400013

More funds from Bandhan Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Bandhan Government Securities Fund Constant Maturity Plan	N.A.	₹360 Crs	12.54%	9.85%
Bandhan GSF Investment Fund	N.A.	₹3,841 Crs	10.63%	9.37%
Bandhan Dynamic Bond Fund	N.A.	₹3,076 Crs	10.35%	9.13%
Bandhan CRISIL IBX Gilt April 2028 Index Fund	N.A.	₹4,704 Crs	10.0%	8.49%
Bandhan Bond Fund Medium Term Plan	N.A.	₹1,475 Crs	10.57%	8.36%
Bandhan Bond Fund Short Term Plan	N.A.	₹9,728 Crs	10.28%	8.32%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Bandhan Overnight Fund?

The current Net Asset Value (NAV) of the Bandhan Overnight Fund - Direct Growth plan is approximately ₹1376.1244 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Bandhan Overnight Fund is a 6 yrs 4 m old fund and has delivered average annual returns of 5.12% since inception.

Bandhan Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.48%	6.42%	5.13%	5.12%

How much does this mutual fund charge as expense ratio?

The Bandhan Overnight Fund - Direct Growth has an expense ratio of 0.05%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Bandhan Overnight Fund currently has assets under management (AUM) or fund size valued at approximately ₹805 Crs crore as of Mar 31, 2025.

To whom does Bandhan Overnight Fund lend to?

The top 3 debt holdings of Bandhan Overnight Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	6.21%
Others	0.47%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bandhan Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	93.32%
SOV	6.21%
Others	0.47%

What is risk level of Bandhan Overnight Fund?

This is a Overnight fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Bandhan Overnight Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Bandhan Overnight Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Bandhan Overnight Fund is complete.

How can I redeem my investments in Bandhan Overnight Fund?

Redeeming your investments in Bandhan Overnight Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Bandhan Overnight Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Overnight

#NA

Return Outperformance: This fund has generated highest return amongst Overnight funds in the last 1 Month.
Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Overnight funds.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.