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

Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Canara Robeco Mutual Fund. It's been running since 24 Jul 2019.

Latest price per unit
₹1,421.4115
▲ 0.03% 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
▲ ₹5.2k gain · 5.2% / year
Invested 3 years ago
₹1.19 L
▲ ₹19.2k gain · 6.0% / year
Invested 5 years ago
₹1.32 L
▲ ₹31.6k gain · 5.6% / 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₹1.95 L
Gain / loss+₹15.4k
XIRR (annualised)5.65%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.97 L
Projected gain*+₹16.6k
*at this fund's historical rate of 5.65% 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
5.25%median 0.02% (+5.23%)
Rank #8 of 38Beats 79% of peers
3-year return
6.02%median 0.01% (+6.00%)
Rank #8 of 38Beats 76% of peers
5-year return
5.64%median 0.01% (+5.63%)
Rank #5 of 38Beats 83% of peers
Bumpiness (3Y)
0.20%median 0.12% (+0.08%)
Rank #24 of 38Less risky than 36% of peers
Worst-ever drop
0.00%median -0.00% (+0.00%)
Rank #25 of 38Less 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
+3%
2026
Best year
2023 · 6.61%
Worst year
2021 · 3.13%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
0.2%

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 Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION against other debt funds.

Technical details (for the pros)
CAGR — 1 year5.25%
CAGR — 3 years6.02%
CAGR — 5 years5.64%
CAGR — since launch5.06%
Volatility — 1 year (annualised)0.15%
Volatility — 3 years (annualised)0.20%
Max drawdown — 1 year0.00%
Max drawdown — 3 years0.00%
Sharpe ratio — 1 year (rf=6%)-9.02
Sharpe ratio — 3 years (rf=6%)-2.71

Fund info

Fund house
Canara Robeco Mutual Fund
Category
Income/Debt Oriented Schemes - Overnight Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF760K01JM5
ISIN (Div re-invest)
—
Fund code
147531
First price on record
24 Jul 2019 · 1,896 daily prices

About Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION

Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION is a Income/Debt Oriented Schemes - Overnight Fund offered by Canara Robeco Mutual Fund under the Direct plan with the Growth 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 Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION is ₹1421.4115 (as of 6 Sep 2026). Historically, it has delivered 5.26% over the last year, 6.02% CAGR over 3 years, 5.64% 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 0.2% 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 Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION?+

The latest NAV of Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION is ₹1421.4115 as of 6 Sep 2026, up 0.03% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION?+

Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION has delivered 1-year return 5.26%, 3-year CAGR 6.02%, 5-year CAGR 5.64%, since-inception CAGR 5.06%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION belong to?+

Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION 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 Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION?+

Based on its 3-year annualised volatility of 0.2%, Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION a direct plan?+

Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION 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 Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION?+

Canara Robeco Overnight Fund - Direct Plan - GROWTH OPTION has NAV history available from 24 Jul 2019 — approximately 7 years of track record and 1,896 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.