JM Overnight Fund

Q: What are the returns of this mutual fund scheme?

The JM Overnight Fund is a 5 yrs 10 m old fund and has delivered average annual returns of 4.95% since inception. JM Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 5.84% 6.3% 5.21% 4.95%

Q: How much does this mutual fund charge as expense ratio?

The JM Overnight Fund has an expense ratio of 0.15% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1329.696+0.01% 1 day change	4.95% p.a.	App exclusive #NA View Ranked Funds	₹119 Cr

Historical NAV & returns

NAV: ₹1329.696 as on Oct 20, 2025

This fund Category average

JM Overnight Fund overview

AUM (Fund size)	₹119 Cr
Exit load	0%
Lock-in Period	Nil
Age	5 yrs 10 m since Dec 03, 2019
Benchmark	CRISIL Liquid Overnight Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.15% as on Sep 30, 2025
Plan type	Regular
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

JM 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 Oct 25, 2025

Period	This fund	Category average
1 Month	0.4%	0.41%
3 Months	1.29%	1.31%
6 Months	2.63%	2.67%
1 Year	5.84%	5.92%
2 Years	6.23%	6.3%
3 Years	6.3%	6.35%
4 Years	5.75%	5.79%
5 Years	5.21%	5.24%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 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 99.99999999%

Top Debt Holdings

Others 99.58%

Allocation by Instruments

CBLO 99.58432275%

Net Receivables 0.41567724%

Other Holdings

Others 0.42%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
JM Overnight Fund	0.4%	2.63%	5.84%	6.3%	5.21%	N.A.
Mirae Asset Overnight Fund	0.41%	2.69%	5.94%	6.37%	5.26%	2.99%
PGIM India Overnight Fund	0.4%	2.66%	5.94%	6.36%	5.26%	3.06%
Edelweiss Overnight Fund	0.41%	2.66%	5.9%	6.34%	5.22%	3.1%
UTI Overnight Fund	0.41%	2.69%	5.97%	6.39%	5.26%	5.56%
SBI Overnight Fund	0.41%	2.68%	5.92%	6.33%	5.21%	5.44%

Fund name	Std. deviation	Beta	Sharpe	Sortino
JM Overnight Fund	0.14	0.08	-1.16	-1.46
Mirae Asset Overnight Fund	0.13	0.1	-0.69	-0.93
PGIM India Overnight Fund	0.14	0.12	-0.76	-0.98
Edelweiss Overnight Fund	0.13	0.1	-0.97	-1.26
UTI Overnight Fund	0.13	0.1	-0.58	-0.74
SBI Overnight Fund	0.13	0.1	-1.06	-1.39

Fund name	ETM Rank	AUM	Fund age	Expense ratio
JM Overnight Fund	N.A.	119 Cr	5 yrs 10 m	0.15%
Mirae Asset Overnight Fund	N.A.	1,433 Cr	6 yrs	0.15%
PGIM India Overnight Fund	N.A.	114 Cr	6 yrs 2 m	0.17%
Edelweiss Overnight Fund	N.A.	220 Cr	6 yrs 3 m	0.16%
UTI Overnight Fund	N.A.	6,559 Cr	21 yrs 11 m	0.11%
SBI Overnight Fund	N.A.	27,820 Cr	23 yrs 1 m	0.14%

View all Overnight funds

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

Alpha	-0.02 vs. 1.18 Underperformed at beating benchmark
Sharpe	-1.16 vs. 1.45 Poor risk-adjusted returns
Beta	0.08 vs. -0.42 More sensitive to market's ups & downs
Standard deviation	0.14 vs. 0.09 More volatile performance

Compare JM Overnight Fund in detail with

About this fund

About JM Overnight Fund

JM Overnight Fund is a Overnight mutual fund scheme from Jm Financial Mutual Fund. This fund has been in existence for 5 yrs 10 m, having been launched on 03/12/2019. JM Overnight Fund has ₹119 Crores worth of assets under management (AUM) as on 30/09/2025 and is small fund of its category. The latest Net Asset Value (NAV) of JM Overnight Fund as of 20/10/2025 is ₹1329.70. The fund has an expense ratio of 0.15%, which is close to what most other Overnight funds charge.

JM Overnight Fund returns of last 1-year are 5.89%. Since launch, it has delivered 4.96% average annual returns.
JM Overnight Fund 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 below average.

...

Fund AUM	119 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Naghma Khoja

She is B.Com, CA and CFA Before joining JM Financial AMC, she was associated with Karvy Capital Limited.

Ruchi Fozdar

Ms. Ruchi is a graduate in science and PGDBM in finance Prior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund

Killol Pandya

Mr. Pandya is a B.Com (H) from N.M College of Commerce, DPCM from ICFAI and MMS (Finance) from K.J. Somaiya Institute of Management Studies and Research. Prior to joining JM Financial Asset Management Limited he has worked with Barclays Securities India Private Ltd,Peerless Funds Management Co. Limited, LIC Nomura Mutual Fund AMC , Daiwa Asset Management (India) Pvt. Ltd., SBI Funds Management Pvt Ltd., IL&FS Investsmart Ltd. and Darashaw & Co. Pvt. Ltd.

Investment objective

The Scheme seeks to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.

JM Financial Mutual Fund details

No. of schemes	16 view all schemes
Total AUM	14,902 Cr as on Sep 30, 2025
Address	Office B-8th Floor-Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai, 400025
Phone	022-33797777 / 1800-103-8345

More funds from JM Financial Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
JM Medium to Long Duration Fund	N.A.	31 Cr	7.29%	7.41%
JM Dynamic Bond Fund	N.A.	60 Cr	7.73%	7.4%
JM Low Duration Fund	N.A.	230 Cr	7.42%	7.09%
JM Short Duration Fund	N.A.	85 Cr	7.61%	6.94%
JM Liquid Fund	N.A.	1,621 Cr	6.59%	6.9%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of JM Overnight Fund?

The current Net Asset Value (NAV) of the JM Overnight Fund plan is approximately ₹1329.696 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The JM Overnight Fund is a 5 yrs 10 m old fund and has delivered average annual returns of 4.95% since inception.

JM Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.84%	6.3%	5.21%	4.95%

How much does this mutual fund charge as expense ratio?

The JM Overnight Fund has an expense ratio of 0.15%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The JM Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 119 Cr as on Sep 30, 2025.

To whom does JM Overnight Fund lend to?

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

Holding Name	Percentage of Portfolio
Others	99.58%

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 JM Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	99.99999999%

What is risk level of JM 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 can I redeem my investments in JM Overnight Fund?

Redeeming your investments in the JM Overnight Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

in Overnight

#NA

Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.