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Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment)

Q: What is the current NAV of Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment)?

The current NAV (Net Asset Value) of Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment) is ₹1001.5. NAV is updated every business day after market close by AMFI.

Q: What is the expense ratio of Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment)?

The expense ratio of Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment) is 0.17% per annum. This is the annual fee charged by the fund to manage your investment.

Q: What is the minimum SIP amount for Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment)?

You can start a SIP in Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment) with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.

Q: What is the AUM of Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment)?

The Assets Under Management (AUM) of Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment) is ₹212 crore. AUM indicates the total market value of assets managed by the fund.

★★★★★ monitor_heart Health Score: 54/100 · Average

Groww Mutual Fund · Debt · Overnight Fund

₹1,001.5

+0.0 (+0.0%) trending_up

AUM: ₹211 Cr

NAV updated about 2 months ago

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Plan

Direct

Option

—

Risk

Low

Expense Ratio

0.17%

Exit Load

Nil

Fund Manager

Anupam Tiwari

Inception

Jul 2019

Benchmark

CRISIL Liquid Overnight Index

Sharpe Ratio

-49.8

Std Dev (1Y)

0.13%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

+0.43%

+1.28%

+2.53%

+5.25%

+6.14%

+5.47%

10y

—

since inception

+0.01%

rate_review TopFund's Take on Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment)

Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment) sits in the middle of the pack for Overnight Fund funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 54/100.

Cost: At 0.17%, the expense ratio is meaningfully cheaper — about 19% below the Overnight Fund category average of 0.21% (based on 62 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -49.8 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.13% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.