Nippon India Overnight Fund

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

The Nippon India Overnight Fund is a 6 yrs 10 m old fund and has delivered average annual returns of 5.09% since inception. Nippon India Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 5.96% 6.37% 5.24% 5.09%

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

The Nippon India Overnight Fund has an expense ratio of 0.16% , 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)
₹140.5018+0.01% 1 day change	5.09% p.a.	App exclusive #NA View Ranked Funds	₹6,760 Cr

Historical NAV & returns

NAV: ₹140.5018 as on Oct 20, 2025

This fund Category average

Nippon India Overnight Fund overview

AUM (Fund size)	₹6,760 Cr
Exit load	0%
Lock-in Period	Nil
Age	6 yrs 10 m since Dec 17, 2018
Benchmark	CRISIL Liquid Overnight Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.16% 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

Nippon India 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 17, 2025

Period	This fund	Category average
1 Month	0.41%	0.41%
3 Months	1.31%	1.31%
6 Months	2.68%	2.67%
1 Year	5.96%	5.92%
2 Years	6.33%	6.3%
3 Years	6.37%	6.35%
4 Years	5.81%	5.79%
5 Years	5.24%	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 83.33%

Others 9.59%

SOV 7.08%

Top Debt Holdings

Reserve Bank of India 7.08%

Others 1.04%

Allocation by Instruments

Reverse Repo 69.5%

Repo 15.48%

Corporate Bond Repo 8.55%

Treasury Bills 7.079999999999999%

Other Holdings

Others 69.5%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Overnight Fund	0.41%	2.68%	5.96%	6.37%	5.24%	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
Nippon India Overnight Fund	0.13	0.11	-0.7	-0.89
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
Nippon India Overnight Fund	N.A.	6,760 Cr	6 yrs 10 m	0.16%
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	0.11 vs. 1.18 Underperformed at beating benchmark
Sharpe	-0.7 vs. 1.45 Poor risk-adjusted returns
Beta	0.11 vs. -0.42 More sensitive to market's ups & downs
Standard deviation	0.13 vs. 0.09 More volatile performance

Compare Nippon India Overnight Fund in detail with

About this fund

About Nippon India Overnight Fund

Nippon India Overnight Fund is a Overnight mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 6 yrs 10 m, having been launched on 17/12/2018. Nippon India Overnight Fund has ₹6,760 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Overnight Fund as of 20/10/2025 is ₹140.50. The fund has an expense ratio of 0.16%, which is close to what most other Overnight funds charge.

Nippon India Overnight Fund returns of last 1-year are 6.01%. Since launch, it has delivered 5.09% average annual returns.
Nippon India Overnight Fund scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above 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	6,760 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Vikash Agarwal

Mr. Agarwal is a B.Com., CA, CFA Prior to joining Nippon AMC, he has worked with HDFC AMC, Larsen & Toubro Ltd.

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.

Nippon India Mutual Fund details

No. of schemes	71 view all schemes
Total AUM	6,63,684 Cr as on Sep 30, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Nippon India Medium Duration Fund	N.A.	120 Cr	10.07%	8.48%
Nippon India Nivesh Lakshya Long Duration Fund	N.A.	9,652 Cr	5.31%	8.46%
Nippon India Credit Risk Fund	N.A.	983 Cr	9.25%	8.46%
Nippon India Fixed Maturity Plan XLI - Series 8	N.A.	67 Cr	8.0%	8.45%
Nippon India Fixed Maturity Plan XLIII - Series 5	N.A.	181 Cr	8.16%	8.43%
Nippon India Dynamic Bond Fund	N.A.	4,336 Cr	7.77%	8.28%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Overnight Fund?

The current Net Asset Value (NAV) of the Nippon India Overnight Fund plan is approximately ₹140.5018 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Overnight Fund is a 6 yrs 10 m old fund and has delivered average annual returns of 5.09% since inception.

Nippon India Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.96%	6.37%	5.24%	5.09%

How much does this mutual fund charge as expense ratio?

The Nippon India Overnight Fund has an expense ratio of 0.16%, 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 Nippon India Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 6,760 Cr as on Sep 30, 2025.

To whom does Nippon India Overnight Fund lend to?

The top 3 debt holdings of Nippon India Overnight Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	7.08%
Others	1.04%

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 Nippon India Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	83.33%
Others	9.59%
SOV	7.08%

What is risk level of Nippon India 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 Nippon India Overnight Fund?

Redeeming your investments in the Nippon India 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

Return Outperformance: This fund has generated highest return amongst Overnight funds in the last 5 Years.
Exit Load: This fund has no exit load.
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.