Best Overnight Fund in India 2026
Compare all 50 Overnight Fund Direct Growth funds by stability score, returns, expense ratio and risk metrics. Independent analysis by FundMatrix.
50 Funds₹1.0 Lakh Cr Category AUM0.11% Avg TER4.1% Avg 1Y Return
🛡 Top by Stability Score
1HSBC Overnight Fund762HDFC Overnight Fund743Zerodha Overnight Fund744Aditya Birla Sun Life Overnight Fund745Kotak Overnight Fund7450 funds
| Fund Name | AMC | Stability | AUM | TER | 1Y Return | Sharpe | |
|---|---|---|---|---|---|---|---|
Sbi Overnight Fund | SBI Mutual Fund | 72High | ₹24K Cr | 0.09% | +3.82% | -44.47 | → |
ICICI Prudential Overnight Fund | ICICI Prudential Mutual Fund | 69Moderate | ₹11K Cr | 0.09% | +4.10% | -28.00 | → |
Axis Overnight Fund | Axis Mutual Fund | 72High | ₹10K Cr | 0.09% | +4.19% | -25.64 | → |
HDFC Overnight Fund | HDFC Mutual Fund | 74High | ₹9K Cr | 0.11% | +3.98% | -33.39 | → |
Aditya Birla Sun Life Overnight Fund | Aditya Birla Sun Life Mutual Fund | 74High | ₹9K Cr | 0.09% | +3.85% | -35.74 | → |
Kotak Overnight Fund | Kotak Mahindra Mutual Fund | 74High | ₹8K Cr | 0.09% | +4.13% | -28.36 | → |
Nippon India Overnight Fund | Nippon India Mutual Fund | 72High | ₹7K Cr | 0.10% | +4.17% | -25.41 | → |
Tata Overnight Fund | Tata Mutual Fund | 73High | ₹5K Cr | 0.09% | +4.17% | -27.05 | → |
HSBC Overnight Fund | HSBC Mutual Fund | 76High | ₹4K Cr | 0.07% | +4.31% | -20.97 | → |
DSP Overnight Fund | DSP Mutual Fund | 72High | ₹3K Cr | 0.11% | +3.94% | -33.36 | → |
Sundaram Overnight Fund | Sundaram Mutual Fund | 73High | ₹2K Cr | 0.08% | +3.86% | -38.45 | → |
Mirae Asset Overnight Fund | Mirae Asset Mutual Fund | 71High | ₹2K Cr | 0.09% | +3.84% | -40.48 | → |
JioBlackRock Overnight Fund | Jio BlackRock Mutual Fund | 72Insufficient History | ₹1K Cr | 0.12% | +4.12% | -26.27 | → |
BANDHAN Overnight Fund | Bandhan Mutual Fund | 72High | ₹811 Cr | 0.07% | +4.04% | -29.30 | → |
LIC MF Overnight Fund | LIC Mutual Fund | 73High | ₹609 Cr | 0.09% | +4.03% | -30.90 | → |
Bajaj Finserv Overnight Fund | Bajaj Finserv Mutual Fund | 71High | ₹567 Cr | 0.12% | +4.30% | -21.39 | → |
Baroda BNP Paribas Overnight Fund | Baroda BNP Paribas Mutual Fund | 71High | ₹549 Cr | 0.07% | +4.38% | -18.22 | → |
Union Overnight Fund | Union Mutual Fund | 70Moderate | ₹535 Cr | 0.14% | +3.91% | -35.56 | → |
Canara Robeco Overnight Fund | Canara Robeco Mutual Fund | 72High | ₹473 Cr | 0.08% | +4.25% | -21.49 | → |
Franklin India Overnight Fund | Franklin Templeton Mutual Fund | 73High | ₹420 Cr | 0.07% | +4.18% | -28.71 | → |
360 ONE Overnight Fund | 360 ONE Mutual Fund | 72Insufficient History | ₹308 Cr | 0.13% | +4.36% | -20.10 | → |
Invesco India Overnight Fund | Invesco Mutual Fund | 67Moderate | ₹265 Cr | 0.08% | +3.81% | -44.53 | → |
NJ Overnight Fund | NJ Mutual Fund | 72High | ₹251 Cr | 0.08% | +4.33% | -19.53 | → |
Edelweiss Overnight Fund | Edelweiss Mutual Fund | 66Moderate | ₹166 Cr | 0.11% | +3.78% | -44.26 | → |
JM Overnight Fund | JM Financial Mutual Fund | 70High | ₹157 Cr | 0.12% | +3.77% | -38.08 | → |
Choice Overnight Fund | Choice Mutual Fund | — | ₹132 Cr | 0.11% | — | — | → |
Mahindra Manulife Overnight Fund | Mahindra Manulife Mutual Fund | 70Moderate | ₹121 Cr | 0.10% | +4.54% | -14.71 | → |
Zerodha Overnight Fund | Zerodha Mutual Fund | 74Insufficient History | ₹118 Cr | 0.13% | +4.03% | -28.10 | → |
PGIM India Overnight Fund | PGIM India Mutual Fund | 69Moderate | ₹98 Cr | 0.18% | +3.74% | -41.50 | → |
Shriram Overnight Fund | Shriram Mutual Fund | — | ₹75 Cr | 0.19% | — | — | → |
Helios Overnight Fund | Helios Mutual Fund | 71High | ₹66 Cr | 0.17% | +4.62% | -12.90 | → |
Groww Overnight Fund | Groww Mutual Fund | 70High | ₹61 Cr | 0.17% | +4.26% | -20.33 | → |
ICICI Prudential Overnight Fund | ICICI Prudential Mutual Fund | 60Moderate | ₹52 Cr | 0.09% | — | — | → |
Bank Of India Overnight Fund | Bank of India Mutual Fund | 71High | ₹50 Cr | 0.09% | +4.63% | -10.96 | → |
TRUSTMF Overnight Fund | Trust Mutual Fund | 73High | ₹36 Cr | 0.11% | +4.13% | -23.77 | → |
Monarch Overnight Fund | Monarch Mutual Fund | — | ₹26 Cr | — | — | — | → |
quant Overnight Fund | quant Mutual Fund | 69Moderate | ₹24 Cr | 0.19% | +4.13% | -24.09 | → |
ICICI Prudential Overnight Fund | ICICI Prudential Mutual Fund | 65Moderate | ₹23 Cr | 0.09% | +4.27% | -22.70 | → |
ITI Overnight Fund | ITI Mutual Fund | 69Moderate | ₹11 Cr | 0.17% | +3.99% | -25.46 | → |
quant Overnight Fund | quant Mutual Fund | 60Insufficient History | ₹9 Cr | 0.19% | +4.11% | -23.85 | → |
JM Overnight Fund | JM Financial Mutual Fund | 48Below Average | ₹6 Cr | 0.12% | — | — | → |
Samco Overnight Fund | Samco Mutual Fund | 71High | ₹5 Cr | 0.15% | +3.92% | -28.99 | → |
JM Overnight Fund | JM Financial Mutual Fund | 48Below Average | ₹2 Cr | 0.12% | — | — | → |
Lakshya Overnight Fund | Lakshya Mutual Fund | — | ₹1 Cr | — | — | — | → |
quant Overnight Fund | quant Mutual Fund | 53Insufficient History | ₹0 Cr | 0.19% | — | — | → |
JM Overnight Fund | JM Financial Mutual Fund | 65Moderate | ₹0 Cr | 0.12% | +3.77% | -38.09 | → |
Bajaj Finserv Overnight Fund | Bajaj Finserv Mutual Fund | 71Insufficient History | ₹0 Cr | 0.12% | +4.23% | -21.37 | → |
JM Overnight Fund | JM Financial Mutual Fund | 68Moderate | ₹0 Cr | 0.12% | +3.70% | -33.79 | → |
TRUSTMF Overnight Fund | Trust Mutual Fund | — | — | 0.11% | — | — | → |
Choice Overnight Fund | Choice Mutual Fund | — | — | 0.11% | — | — | → |
Direct Growth plans only · Data from AMFI India · Stability Score is a FundMatrix proprietary metric · Not investment advice