MF Gyan
debtLow risk7 years oldSteady vs its 3-year pace

Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Groww Mutual Fund. It's been running since 9 Jul 2019.

Latest price per unit
₹1,001.5221
▲ 0.00% 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
₹1.00 L
▲ ₹30 gain · 0.0% / year
Invested 3 years ago
₹1.00 L
▲ ₹51 gain · 0.0% / year
Invested 5 years ago
₹1.00 L
▲ ₹53 gain · 0.0% / 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₹1.80 L
Gain / loss+₹58
XIRR (annualised)0.02%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.80 L
Projected gain*+₹61
*at this fund's historical rate of 0.02% 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 37 other funds in Income/Debt Oriented Schemes - Overnight Fund

Same plan
1-year return
0.03%median 0.02% (+0.01%)
Rank #16 of 38Beats 56% of peers
3-year return
0.02%median 0.01% (+0.00%)
Rank #13 of 38Beats 59% of peers
5-year return
0.01%median 0.01% (-0.00%)
Rank #16 of 38Beats 38% of peers
Bumpiness (3Y)
0.10%median 0.12% (-0.02%)
Rank #10 of 38Less risky than 75% of peers
Worst-ever drop
-0.07%median -0.00% (-0.07%)
Rank #15 of 38Less risky than 62% 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.

+0%
2020
+0%
2021
+0%
2022
+0%
2023
+0%
2024
+0%
2025
+0%
2026
Best year
2025 · 0.02%
Worst year
2022 · 0.00%

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
-0.07%

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 Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal against other debt funds.

Technical details (for the pros)
CAGR — 1 year0.03%
CAGR — 3 years0.02%
CAGR — 5 years0.01%
CAGR — since launch0.01%
Volatility — 1 year (annualised)0.13%
Volatility — 3 years (annualised)0.10%
Max drawdown — 1 year-0.07%
Max drawdown — 3 years-0.07%
Sharpe ratio — 1 year (rf=6%)-44.97
Sharpe ratio — 3 years (rf=6%)-61.58

Fund info

Fund house
Groww Mutual Fund
Category
Income/Debt Oriented Schemes - Overnight Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
INF666M01GM6
Fund code
147458
First price on record
9 Jul 2019 · 2,166 daily prices

About Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal

Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal is a Income/Debt Oriented Schemes - Overnight Fund offered by Groww Mutual Fund under the Direct plan with the IDCW option. It has approximately 7 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 Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal is ₹1001.5221 (as of 6 Sep 2026). Historically, it has delivered 0.03% over the last year, 0.02% CAGR over 3 years, 0.01% 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 0.1%. 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 Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal?+

The latest NAV of Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal is ₹1001.5221 as of 6 Sep 2026, up 0.00% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal?+

Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal has delivered 1-year return 0.03%, 3-year CAGR 0.02%, 5-year CAGR 0.01%, since-inception CAGR 0.01%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal belong to?+

Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal is categorised as Income/Debt Oriented Schemes - Overnight Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal?+

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

Is Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal a direct plan?+

Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal?+

Groww Overnight Fund - Direct Plan - Income Distribution cum capital withdrawal has NAV history available from 9 Jul 2019 — approximately 7 years of track record and 2,166 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.