Groww Overnight Fund
Groww Mutual Fund · Overnight · Regular plan, growth option
NAV (₹), 1 Oct 2026
1,413.6376
1-day change
0.01%
1Y return
5.1%
3Y CAGR
5.9%
5Y CAGR
5.5%
Max drawdown, 5Y
0.0%
NAV history month-end NAV, ₹ · 9 Jul 2019 to 4 Oct 2026
Returns vs Overnight median (43 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.4% | 0.4% |
| 3 months | 1.2% | 1.3% |
| 6 months | 2.5% | 2.5% |
| Year to date | 3.8% | 3.8% |
| 1 year | 5.1% | 5.2% |
| 3 years (CAGR) | 5.9% | 6.0% |
| 5 years (CAGR) | 5.5% | 5.6% |
| 7 years (CAGR) | 4.9% | 5.0% |
| 10 years (CAGR) | n/a | 5.2% |
| Since first NAV (CAGR) | 4.9% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 5.2% | 5.4% |
| 3Y rolling median | 5.4% | 5.7% |
| 3Y rolling worst | 3.5% | 3.6% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 5.0% | 5.1% |
| 5Y rolling worst | 4.6% | 4.7% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 0.3% | 0.3% |
| Sharpe ratio | -2.54 | -2.23 |
| Sortino ratio | -2.12 | -1.94 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | 0.0% | 0.0% |
| Maximum drawdown, last 10Y | n/a | 0.0% |
| Maximum drawdown, last 5Y | 0.0% | 0.0% |
| Current drawdown | 0.0% | 0.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.28% a year and the Direct plan's 0.16%, a gap of 0.12%; over the last 3 years the Direct plan returned 0.11 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹3,24,047.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 30 Sep 2026: TER reduced from 0.29% to 0.28% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Kaustubh Sule | Primary | 11 May 2023 |
| Ameya Sakpal | Comanage | 4 Jun 2026 |
Objective: The Scheme aims 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.
Stated asset allocation: Overnight securities or debt instruments* maturing on or before the next business day - 0% to 100% *instruments with residual maturity not greater than 1 business day, including money market instruments^, TREPS$ / reverse repo, debt instruments^^, including floating rate instruments, with overnight maturity. ^ Commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity upto one day , call or notice money, certificate of deposit, usance bill and any other like instruments as specified by the Reserve Bank of India from time to time. ^^Debt instruments would include all debt securities issued by entities such as banks, companies, public sector undert…
Benchmark (tier 1): CRISIL Liquid Overnight Index
Minimum application: ₹500
Allotment date: 8 Jul 2019
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.28% | 0.18% |
| AUM, whole scheme (₹ crore) | 63 | 623 |
| Riskometer | Low | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 5.0% | 5.2% TRI |
| Return, 3 years (AMFI) | 5.9% | 6.1% TRI |
| Return, 5 years (AMFI) | 5.5% | 5.8% TRI |
| Month-ends above category median (3Y CAGR) | 0% | 40% median |
| Month-ends in category top quartile (3Y) | 0% | 6% median |
Official benchmark: CRISIL Liquid Overnight Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Overnight Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.8% | n/a | – |
| 2025 | 5.6% | n/a | – |
| 2024 | 6.6% | n/a | – |
| 2023 | 6.3% | n/a | – |
| 2022 | 4.5% | n/a | – |
| 2021 | 3.0% | n/a | – |
| 2020 | 3.2% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,255 | 5.0% |
| 3 years | ₹3,60,000 | ₹3,91,464 | 5.5% |
| 5 years | ₹6,00,000 | ₹6,93,166 | 5.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Groww Mutual Fund
Category: Overnight
Plan / option: Regular · Growth
AMFI scheme code: 147454
ISIN: INF666M01GT1
First NAV in MFIC data: 9 Jul 2019
History: 7.2 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Bajaj Finserv Overnight Fund | Overnight | 1.00 | 6.0% |
| Helios Overnight Fund | Overnight | 0.99 | n/a |
| Franklin India Overnight Fund | Overnight | 0.99 | 6.0% |
| Union Overnight Fund | Overnight | 0.99 | 5.9% |
| Groww Overnight Fund | Overnight | 0.99 | 6.0% |
| Tata Overnight Fund | Overnight | 0.99 | 6.0% |
Questions about Groww Overnight Fund
- What is the latest NAV of Groww Overnight Fund?
- The NAV of the Regular plan (growth option) was ₹1,413.6376 on 1 Oct 2026, as published by AMFI.
- Which category is Groww Overnight Fund in?
- It is classified as Overnight in AMFI's daily NAV file. MFIC compares it with 43 Overnight schemes (Regular plans).
- What returns has Groww Overnight Fund delivered?
- Over one year the NAV changed by 5.1%. The 3-year CAGR is 5.9% (category median 6.0%) and the 5-year CAGR is 5.5% (category median 5.6%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 5.4%, the lowest was 3.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Groww Overnight Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.0%; within the last five years it was 0.0% (category median 0.0%).
- How volatile is Groww Overnight Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 0.3%, which is below the Overnight category median of 0.3%.
- What would a monthly SIP in Groww Overnight Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹6,93,166 on 1 Oct 2026, an annualised return (XIRR) of 5.7%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Groww Overnight Fund?
- The total expense ratio of the Regular plan is 0.28% a year, as disclosed to AMFI (median of Overnight Regular plans: 0.18%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Groww Overnight Fund?
- Assets under management of the whole scheme were ₹63 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Groww Overnight Fund?
- AMFI lists the scheme's riskometer as “Low”, and its benchmark's as “Low”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Groww Overnight Fund and how has it compared?
- Its official benchmark is the CRISIL Liquid Overnight Index. Over 3 years AMFI reports a return of 5.9% for this plan against 6.1% for the benchmark total return index; over 5 years 5.5% against 5.8%. Past performance does not indicate future results.
- How often has Groww Overnight Fund beaten its category?
- At 0% of the 51 month-ends compared over the last 10 years, its 3-year return was above the median of Overnight schemes (Regular plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages Groww Overnight Fund?
- According to its Scheme Summary Document, Groww Overnight Fund is managed by Kaustubh Sule (since 11 May 2023), Ameya Sakpal (since 4 Jun 2026).
- What is the minimum investment in Groww Overnight Fund?
- The minimum application amount is ₹500. SIP details: SIP - 100,100,500,500; STP - 500, 500, 500, 500 and SWP - 500, 1500.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.2% and the Regular plan's by 5.1%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.