Best Overnight Fund in India 2026
Compare all 42 Overnight Fund Direct Growth funds by stability score, returns, expense ratio and risk metrics. Independent analysis by FundMatrix.
42 Funds₹96K Cr Category AUM0.11% Avg TER4.3% Avg 1Y Return
🛡 Top by Stability Score
1HSBC Overnight Fund752Zerodha Overnight Fund753NJ Overnight Fund754Aditya Birla Sun Life Overnight Fund745360 ONE Overnight Fund7442 funds
| Fund Name | AMC | Stability | AUM | TER | 1Y Return | Sharpe | |
|---|---|---|---|---|---|---|---|
Sbi Overnight Fund | SBI Mutual Fund | 73High | ₹25K Cr | 0.09% | +4.01% | -31.05 | → |
ICICI Prudential Overnight Fund | ICICI Prudential Mutual Fund | 69Moderate | ₹11K Cr | 0.09% | +4.27% | -22.74 | → |
Axis Overnight Fund | Axis Mutual Fund | 74High | ₹10K Cr | 0.09% | +4.31% | -21.72 | → |
HDFC Overnight Fund | HDFC Mutual Fund | 74High | ₹9K Cr | 0.11% | +4.26% | -23.71 | → |
Aditya Birla Sun Life Overnight Fund | Aditya Birla Sun Life Mutual Fund | 74High | ₹8K Cr | 0.05% | +4.16% | -25.92 | → |
Kotak Overnight Fund | Kotak Mahindra Mutual Fund | 74High | ₹7K Cr | 0.09% | +4.41% | -19.99 | → |
Nippon India Overnight Fund | Nippon India Mutual Fund | 72High | ₹6K Cr | 0.10% | +4.40% | -18.85 | → |
Tata Overnight Fund | Tata Mutual Fund | 73High | ₹4K Cr | 0.09% | +4.36% | -20.63 | → |
HSBC Overnight Fund | HSBC Mutual Fund | 75High | ₹4K Cr | 0.07% | +4.29% | -22.86 | → |
DSP Overnight Fund | DSP Mutual Fund | 73High | ₹2K Cr | 0.11% | +4.23% | -23.19 | → |
Mirae Asset Overnight Fund | Mirae Asset Mutual Fund | 73High | ₹2K Cr | 0.09% | +4.18% | -25.82 | → |
Sundaram Overnight Fund Direct Plan | Sundaram Mutual Fund | 71High | ₹1K Cr | 0.08% | +4.21% | -23.67 | → |
JioBlackRock Overnight Fund | Jio BlackRock Mutual Fund | 71Insufficient History | ₹1K Cr | 0.12% | +4.38% | -19.30 | → |
Bajaj Finserv Overnight Fund | Bajaj Finserv Mutual Fund | 73High | ₹865 Cr | 0.12% | +4.54% | -17.08 | → |
Baroda BNP Paribas Overnight Fund | Baroda BNP Paribas Mutual Fund | 73High | ₹696 Cr | 0.07% | +4.64% | -14.41 | → |
BANDHAN Overnight Fund | Bandhan Mutual Fund | 72High | ₹629 Cr | 0.07% | +4.30% | -21.98 | → |
Union Overnight Fund | Union Mutual Fund | 72High | ₹595 Cr | 0.14% | +4.18% | -23.74 | → |
LIC MF Overnight Fund | LIC Mutual Fund | 71High | ₹558 Cr | 0.09% | +4.24% | -22.04 | → |
360 ONE Overnight Fund | 360 ONE Mutual Fund | 74Insufficient History | ₹548 Cr | 0.13% | +4.50% | -17.78 | → |
Franklin India Overnight Fund | Franklin Templeton Mutual Fund | 73High | ₹480 Cr | 0.07% | +4.33% | -22.67 | → |
Invesco India Overnight Fund | Invesco Mutual Fund | 72High | ₹307 Cr | 0.08% | +4.27% | -22.83 | → |
NJ Overnight Fund | NJ Mutual Fund | 75High | ₹300 Cr | 0.08% | +4.59% | -14.63 | → |
Canara Robeco Overnight Fund | Canara Robeco Mutual Fund | 72High | ₹246 Cr | 0.08% | +4.71% | -13.09 | → |
Edelweiss Overnight Fund | Edelweiss Mutual Fund | 71High | ₹173 Cr | 0.11% | +4.07% | -26.77 | → |
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund) | Groww Mutual Fund | 71High | ₹148 Cr | 0.17% | +4.27% | -20.98 | → |
Shriram Overnight Fund | Shriram Mutual Fund | — | ₹107 Cr | 0.19% | — | — | → |
JM Overnight Fund - (Direct) | JM Financial Mutual Fund | 68Moderate | ₹106 Cr | 0.12% | +3.93% | -28.73 | → |
Mahindra Manulife Overnight Fund | Mahindra Manulife Mutual Fund | 70Moderate | ₹98 Cr | 0.14% | +4.91% | -10.20 | → |
Zerodha Overnight Fund | Zerodha Mutual Fund | 75Insufficient History | ₹92 Cr | 0.13% | +4.22% | -22.47 | → |
PGIM India Overnight Fund | PGIM India Mutual Fund | 69Moderate | ₹72 Cr | 0.20% | +3.99% | -26.93 | → |
ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme | ICICI Prudential Mutual Fund | 60Moderate | ₹53 Cr | 0.09% | — | — | → |
Helios Overnight Fund | Helios Mutual Fund | 72Insufficient History | ₹47 Cr | 0.16% | +4.90% | -10.31 | → |
BANK OF INDIA Overnight Fund | Bank of India Mutual Fund | 71High | ₹38 Cr | 0.09% | +4.96% | -8.39 | → |
Trust Mf Overnight Fund | Trust Mutual Fund | 65Moderate | ₹38 Cr | — | +4.28% | -20.13 | → |
quant Overnight Fund | quant Mutual Fund | 69Moderate | ₹34 Cr | 0.19% | +4.33% | -19.27 | → |
ITI Overnight Fund | ITI Mutual Fund | 70High | ₹28 Cr | 0.17% | +4.38% | -16.78 | → |
ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Transitory Scheme | ICICI Prudential Mutual Fund | 65Moderate | ₹25 Cr | 0.09% | +4.35% | -20.80 | → |
JM Overnight Fund - (Direct) - Unclaimed Redemption I.E.F. | JM Financial Mutual Fund | 48Below Average | ₹6 Cr | 0.12% | — | — | → |
Samco Overnight Fund | Samco Mutual Fund | 72High | ₹4 Cr | 0.15% | +4.15% | -22.48 | → |
JM Overnight Fund - (Direct) - Unclaimed Redemption | JM Financial Mutual Fund | 67Moderate | ₹0 Cr | 0.12% | +3.93% | -28.73 | → |
Bajaj Finserv Overnight Fund - Direct - Unclaimed less than 3 years Redemption | Bajaj Finserv Mutual Fund | 71Insufficient History | ₹0 Cr | 0.12% | +4.57% | -14.45 | → |
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