Fund Performance
Lumpsum
SIP
5.88
as on 04 Jun 20231 Year
Investment of ₹ 10,000 in this fund 1 Year back would be ₹ 10,587 today.
NAV Performance
Fund Information
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₹ 1,149.473
as on 04 Jun 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 273 Cr.
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0.14%
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04 Dec 2019
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CRISIL 10 Year Gilt Index
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JM Mutual Fund
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Highlights of this fund
JM Overnight Fund is an Open-ended Debt Fund. The fund belongs to Overnight Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 04 Dec 2019. This fund is offered by one of the top AMC (Assets Management Company) JM Mutual Fund. You can also view here all other Debt funds offered by JM Mutual Fund.
Latest NAV of the fund is ₹ 1,149.473 as on 04 Jun 2023.
This fund has 3 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.14%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund 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.
List of Fund Managers of JM Overnight Fund
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About Naghma Khoja
She is B.Com, CA and CFA Before joining JM Financial AMC, she was associated with Karvy Capital Limited.
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About Shalini Tibrewala
Ms. Tibrewala is a B.Com (H), ACA and CS. She has been associated with JM Financials since 2003.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.12% | 0.55% | 1.69% | 3.22% | 6.02% | 4.71% | 4.17% | 4.63% | 6.04% | 6.35% | 5.45% | 4.84% | 4.45% | 5.22% |
| Category Average | 0.11% | 0.52% | 1.57% | 3.02% | 5.59% | 4.41% | 3.99% | 4.50% | 5.93% | 6.19% | 5.29% | 4.70% | 4.41% | 5.13% |
| JM Overnight Fund | 0.12%₹ 10,011 | 0.53%₹ 10,053 | 1.62%₹ 10,162 | 3.15%₹ 10,315 | 5.88%₹ 10,587 | 6.20%₹ 12,398 | - | - | - | - | - | - | - | - |
| BOI AXA Overnight Fund | 0.12%₹ 10,011 | 0.55%₹ 10,055 | 1.69%₹ 10,168 | 3.22%₹ 10,322 | 6.02%₹ 10,602 | 6.35%₹ 12,407 | 4.71%₹ 10,965 | 5.45%₹ 25,371 | 4.17%₹ 11,304 | 4.84%₹ 38,748 | - | - | - | - |
| Axis Overnight Fund | 0.11%₹ 10,011 | 0.54%₹ 10,054 | 1.66%₹ 10,165 | 3.20%₹ 10,320 | 5.95%₹ 10,595 | 6.28%₹ 12,403 | 4.64%₹ 10,949 | 5.37%₹ 25,352 | 4.11%₹ 11,283 | 4.77%₹ 38,709 | - | - | - | - |
| Canara Robeco Overnight Fund | 0.12%₹ 10,011 | 0.54%₹ 10,053 | 1.65%₹ 10,165 | 3.18%₹ 10,317 | 5.93%₹ 10,593 | 6.24%₹ 12,401 | 4.63%₹ 10,948 | 5.35%₹ 25,346 | 4.10%₹ 11,281 | 4.76%₹ 38,700 | - | - | - | - |
| Mirae Asset Overnight Fund | 0.11%₹ 10,011 | 0.54%₹ 10,054 | 1.66%₹ 10,166 | 3.18%₹ 10,318 | 5.90%₹ 10,590 | 6.24%₹ 12,401 | 4.62%₹ 10,945 | 5.34%₹ 25,344 | 4.10%₹ 11,279 | 4.75%₹ 38,695 | - | - | - | - |
| Baroda Overnight Fund | 0.12%₹ 10,011 | 0.54%₹ 10,054 | 1.64%₹ 10,163 | 3.17%₹ 10,317 | 5.90%₹ 10,590 | 6.25%₹ 12,402 | 4.61%₹ 10,944 | 5.34%₹ 25,344 | 4.09%₹ 11,277 | 4.74%₹ 38,693 | - | - | - | - |