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Fund Overview

Fund Size

Fund Size

₹315 Cr

Expense Ratio

Expense Ratio

0.15%

ISIN

ISIN

INF192K01LP0

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

03 Dec 2019

About this fund

JM Overnight Fund Regular Growth is a Overnight mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 4 years, 4 months and 16 days, having been launched on 03-Dec-19.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹1216.32, Assets Under Management (AUM) of 314.94 Crores, and an expense ratio of 0.15%.
  • JM Overnight Fund Regular Growth has given a CAGR return of 4.58% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 100.00% in cash & cash equivalents.
  • You can start investing in JM Overnight Fund Regular Growth with a SIP of ₹100 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.69%

--%(Cat. Avg.)

3 Years

+5.14%

--%(Cat. Avg.)

Since Inception

+4.58%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Others314.94 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Treps-Triparty RepoCash - Repurchase Agreement314.25 Cr99.78%
Net Current AssetsCash0.69 Cr0.22%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Repurchase Agreement314.25 Cr99.78%
Cash0.69 Cr0.22%

Risk & Performance Ratios

Standard Deviation

This fund

0.43%

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

-6.43

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

GW

Gurvinder Wasan

Since April 2024

NK

Naghma Khoja

Since April 2022

RF

Ruchi Fozdar

Since April 2024

Additional Scheme Detailsas of 31st March 2024

ISININF192K01LP0Expense Ratio0.15%Exit LoadNo ChargesFund Size₹315 CrAge03 Dec 2019Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Liquid Overnight TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Overnight Funds

Fund nameExpense RatioExit LoadFund size
1Y
Axis Overnight Fund Regular Growth

Low Risk

0.1%0.0%₹10063.74 Cr6.8%
Axis Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹10063.74 Cr6.8%
Groww Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹73.08 Cr6.6%
Groww Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹73.08 Cr6.5%
Tata Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1705.68 Cr6.8%
Tata Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹1705.68 Cr6.7%
Nippon India Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹4903.10 Cr6.7%
Nippon India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹4903.10 Cr6.8%
Sundaram Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹897.96 Cr6.7%
Sundaram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹897.96 Cr6.8%

About the AMC

Total AUM

₹5,841 Cr

Address

502, 5th Floor, A - Wing, Mumbai, 400 051

Other Funds by JM Financial Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
JM Fixed Maturity Fund Series 28 Plan B Direct Growth

Moderate Risk

-0.0%--
JM Fixed Maturity Fund Series 28 Plan A Direct Growth

Moderate Risk

-0.0%--
JM Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹126.72 Cr8.1%
JM Equity Hybrid Fund Direct Growth

Very High Risk

0.3%1.0%₹222.76 Cr52.3%
JM Focused Fund Direct Growth

Very High Risk

0.8%1.0%₹88.96 Cr51.6%
JM Value Fund Direct Growth

Very High Risk

0.8%1.0%₹580.51 Cr62.0%
JM Low Duration Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹236.45 Cr7.3%
JM Large Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹118.71 Cr44.1%
JM Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1590.44 Cr7.3%
JM Dynamic Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹40.39 Cr6.2%
JM Medium to Long Duration Fund Direct Growth

Moderate Risk

0.5%0.0%₹22.32 Cr6.6%
JM Flexicap Fund Direct Growth

Very High Risk

0.2%1.0%₹1773.87 Cr60.7%
JM Tax Gain Fund Direct Growth

Very High Risk

0.9%0.0%₹127.83 Cr47.3%
JM Midcap Fund Direct Growth

Very High Risk

0.3%1.0%₹825.47 Cr64.2%
JM Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹314.94 Cr6.8%
JM Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹127.66 Cr6.7%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of JM Overnight Fund Regular Growth, as of 18-Apr-2024, is ₹1216.32.
The fund has generated 6.69% over the last 1 year and 5.14% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 100.00% in cash and cash equivalents.
The fund managers responsible for JM Overnight Fund Regular Growth are:-
  1. Gurvinder Wasan
  2. Naghma Khoja
  3. Ruchi Fozdar