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JM Overnight Fund Direct IDCW Weekly
Debt
Overnight
Low Risk
+6.25%
3Y annualised
+0.01% 1D
NAV: 02 Mar '26
₹1,000.78
Min. for SIP
₹100
Fund size
₹40.02 Cr
Expense ratio
0.08%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,313 | +1.04% | |
| 1 year | ₹60,000 | ₹61,428 | +2.38% | |
| 3 years | ₹1,80,000 | ₹1,96,082 | +8.93% | |
| 5 years | ₹3,00,000 | ₹3,46,806 | +15.60% |
Holdings (1)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Clearing Corporation of India | Others | CBLO | 99.56% |
Minimum investments
Min. for 1st investment
₹1,000
Min. for 2nd investment
₹100
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +5.4% | +6.3% | +5.4% | +5.0% |
| Category average (Debt Overnight) | +5.7% | +6.3% | +5.3% | -- |
| Rank (Debt Overnight) | 30 | 28 | 23 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Axis Overnight Fund Direct IDCW Weekly | +5.61% | +6.37% | 11,824.21 | |
Groww Overnight Fund Direct IDCW Weekly | +5.47% | +6.20% | 112.66 | |
| Compare | ||||
Fund management
KPKillol PandyaNov 2024 - PresentView details
KP
Killol Pandya
Nov 2024 - Present
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RFRuchi FozdarApr 2024 - PresentView details
RF
Ruchi Fozdar
Apr 2024 - Present
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JDJayant DhootAug 2025 - PresentView details
JD
Jayant Dhoot
Aug 2025 - Present
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About JM Overnight Fund Direct IDCW Weekly
JM Overnight Fund Direct IDCW Weekly is a Debt Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 15 Sep 1994. Killol Pandya is the Current Fund Manager of JM Overnight Fund Direct IDCW Weekly fund. The fund currently has an Asset Under Management(AUM) of ₹13,356 Cr and the Latest NAV as of 02 Mar 2026 is ₹1,000.78.
The JM Overnight Fund Direct IDCW Weekly is rated Low risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000.
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Investment Objective
The Scheme seeks to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.
Fund benchmarkCRISIL Liquid Overnight Index
Fund house
Rank (total assets)#32 in India
Total AUM₹13,356.38 Cr
Date of Incorporation15 Sep 1994
Launch Date15 Sep 1994
AddressOne International Centre, 22nd Floor,Tower 2, Senapati Bapat Marg,Prabhadevi, Mumbai Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,