MF Gyan
debtLow risk2 year old

Zerodha 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 Zerodha Mutual Fund. It's been running since 9 Apr 2025.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹10.7717
▲ 0.02% 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

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₹60.0k
Value today₹61.4k
Gain / loss+₹1.4k
XIRR (annualised)5.09%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹61.7k
Projected gain*+₹1.7k
*at this fund's historical rate of 5.09% 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
5.15%median 0.08% (+5.08%)
Rank #40 of 124Beats 65% of peers
Bumpiness (3Y)
0.10%median 0.14% (-0.04%)
Rank #35 of 124Less risky than 72% 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. 2 of last 2 years were positive.

+4%
2025
+3%
2026
Best year
2025 · 3.92%
Worst year
2026 · 3.42%

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 Zerodha Overnight Fund - Direct Plan - Growth Option against other debt funds.

Technical details (for the pros)
CAGR — 1 year5.15%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch5.25%
Volatility — 1 year (annualised)0.09%
Volatility — 3 years (annualised)0.10%
Max drawdown — 1 year0.00%
Max drawdown — 3 years0.00%
Sharpe ratio — 1 year (rf=6%)-23.06
Sharpe ratio — 3 years (rf=6%)-18.96

Fund info

Fund house
Zerodha Mutual Fund
Category
Debt Scheme - Overnight Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF0R8F01075
ISIN (Div re-invest)
—
Fund code
153436
First price on record
9 Apr 2025 · 440 daily prices

About Zerodha Overnight Fund - Direct Plan - Growth Option

Zerodha Overnight Fund - Direct Plan - Growth Option is a Debt Scheme - Overnight Fund offered by Zerodha Mutual Fund under the Direct plan with the Growth option. It has approximately 2 year 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 Zerodha Overnight Fund - Direct Plan - Growth Option is ₹10.7717 (as of 6 Sep 2026). Historically, it has delivered 5.17% over the last year. 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 Zerodha Overnight Fund - Direct Plan - Growth Option?+

The latest NAV of Zerodha Overnight Fund - Direct Plan - Growth Option is ₹10.7717 as of 6 Sep 2026, up 0.02% from the previous day. NAV is updated once a business day after the market close.

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

Zerodha Overnight Fund - Direct Plan - Growth Option has delivered 1-year return 5.17%, since-inception CAGR 5.25%. Returns are historical and don't predict future performance — markets move in cycles.

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

Zerodha Overnight Fund - Direct Plan - Growth Option 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 Zerodha Overnight Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 0.1%, Zerodha 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 Zerodha Overnight Fund - Direct Plan - Growth Option a direct plan?+

Zerodha 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 Zerodha Overnight Fund - Direct Plan - Growth Option?+

Zerodha Overnight Fund - Direct Plan - Growth Option has NAV history available from 9 Apr 2025 — approximately 2 year of track record and 440 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.