MF Gyan
debtLow risk8 years oldSteady vs its 3-year pace

BANDHAN Overnight Fund - Direct Plan - Growth

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Bandhan Mutual Fund. It's been running since 20 Jan 2019.

Latest price per unit
₹1,468.5924
▲ 0.01% today
As of 6 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.05 L
▲ ₹5.3k gain · 5.3% / year
Invested 3 years ago
₹1.19 L
▲ ₹19.4k gain · 6.1% / year
Invested 5 years ago
₹1.32 L
▲ ₹32.0k gain · 5.7% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.96 L
Gain / loss+₹15.6k
XIRR (annualised)5.72%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.97 L
Projected gain*+₹16.8k
*at this fund's historical rate of 5.72% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 123 other funds in Debt Scheme - Overnight Fund

Same plan
1-year return
5.30%median 0.08% (+5.22%)
Rank #28 of 124Beats 76% of peers
3-year return
6.10%median 0.35% (+5.75%)
Rank #17 of 124Beats 84% of peers
5-year return
5.71%median 0.25% (+5.46%)
Rank #15 of 124Beats 81% of peers
Bumpiness (3Y)
0.11%median 0.14% (-0.02%)
Rank #48 of 124Less risky than 61% of peers
Worst-ever drop
0.00%median -0.06% (+0.06%)
Rank #86 of 124Less risky than 0% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 7 of last 7 years were positive.

+3%
2020
+3%
2021
+5%
2022
+7%
2023
+7%
2024
+6%
2025
+4%
2026
Best year
2024 · 6.71%
Worst year
2021 · 3.17%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
0.1%

The value swings roughly 0% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
0.00%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of BANDHAN Overnight Fund - Direct Plan - Growth against other debt funds.

Technical details (for the pros)
CAGR — 1 year5.30%
CAGR — 3 years6.10%
CAGR — 5 years5.71%
CAGR — since launch5.16%
Volatility — 1 year (annualised)0.08%
Volatility — 3 years (annualised)0.11%
Max drawdown — 1 year0.00%
Max drawdown — 3 years0.00%
Sharpe ratio — 1 year (rf=6%)-24.64
Sharpe ratio — 3 years (rf=6%)-11.08

Fund info

Fund house
Bandhan Mutual Fund
Category
Debt Scheme - Overnight Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF194KB1447
ISIN (Div re-invest)
—
Fund code
146191
First price on record
20 Jan 2019 · 2,368 daily prices

About BANDHAN Overnight Fund - Direct Plan - Growth

BANDHAN Overnight Fund - Direct Plan - Growth is a Debt Scheme - Overnight Fund offered by Bandhan Mutual Fund under the Direct plan with the Growth option. It has approximately 8 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of BANDHAN Overnight Fund - Direct Plan - Growth is ₹1468.5924 (as of 6 Sep 2026). Historically, it has delivered 5.31% over the last year, 6.10% CAGR over 3 years, 5.71% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 0.1% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.0%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of BANDHAN Overnight Fund - Direct Plan - Growth?+

The latest NAV of BANDHAN Overnight Fund - Direct Plan - Growth is ₹1468.5924 as of 6 Sep 2026, up 0.01% from the previous day. NAV is updated once a business day after the market close.

What are the returns of BANDHAN Overnight Fund - Direct Plan - Growth?+

BANDHAN Overnight Fund - Direct Plan - Growth has delivered 1-year return 5.31%, 3-year CAGR 6.10%, 5-year CAGR 5.71%, since-inception CAGR 5.16%. Returns are historical and don't predict future performance — markets move in cycles.

What category does BANDHAN Overnight Fund - Direct Plan - Growth belong to?+

BANDHAN Overnight Fund - Direct Plan - Growth is categorised as Debt Scheme - Overnight Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is BANDHAN Overnight Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 0.1%, BANDHAN Overnight Fund - Direct Plan - Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is BANDHAN Overnight Fund - Direct Plan - Growth a direct plan?+

BANDHAN Overnight Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is BANDHAN Overnight Fund - Direct Plan - Growth?+

BANDHAN Overnight Fund - Direct Plan - Growth has NAV history available from 20 Jan 2019 — approximately 8 years of track record and 2,368 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.