Can I invest in SIP and Lumpsum in NJ Overnight Fund (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in NJ Overnight Fund (G). Minimum lumpsum investment NJ Overnight Fund (G) is ₹5,000 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of NJ Overnight Fund (G) Direct Growth?

The latest NAV (Net Asset Value) of NJ Overnight Fund (G) is NJ Overnight Fund (G) is ₹1161.71 as on 2025-01-01.

Which are the biggest stock holdings of NJ Overnight Fund (G)?

The 5 biggest stock holdings of NJ Overnight Fund (G) are: C C I (98.94%), Net CA & Others (1.06%),

What are the top sectors NJ Overnight Fund (G) invests in?

A majority of NJ Overnight Fund (G) 's AUM worth ₹191.59 (Cr) is invested in these 3 top sectors: There is no data for Top 3 sector holdings in the portfolio!

Mutual Funds
NJ Overnight Fund (G)

NJ Overnight Fund (G)

Overnight Fund

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NAV
1161.71(0.02%)
Fund Size (CR)
₹210.75
Expense Ratio
0.15
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹500
Minimum SIP Investment
₹100
Minimum Withdrawal
₹0
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
-
Return Since Launch
6.38%

Absolute Return: 1.59%

Annualized Return: 0%

Basic Details

Scheme Manager

Viral Shah

Bench Mark

Nifty 1D Rate TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	23 December 2024	10012.31	0.12%	-	0.12%	163/256
1 Month	30 November 2024	10052.40	0.52%	-	0.47%	155/256
3 Month	30 September 2024	10157.31	1.57%	-	1.44%	142/255
6 Month	30 June 2024	10317.02	3.17%	-	2.91%	149/254
1 Year	29 December 2023	10655.18	6.55%	6.55%	6.04%	160/252
3 Year	-	-	0%	-	5.57%	-/-
5 Year	-	-	0%	-	4.85%	-/-
Since Inception	1 August 2022	11613.14	16.13%	6.38%	5.95%	35/256

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2024	1,30,000	134181.38	3.22%	3.22%
3 Year	1 August 2022	3,00,000	324126.32	8.04%	2.61%
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.04%

Standard Deviation

0.98%

Beta

-3.86%

Sharpe Ratio

Treynor's Ratio

-0.22%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
C C I	98.94%	-	189.55	Reverse Repo	Debt Others
Net CA & Others	1.06%	-	2.04	Net CA & Others	Debt Others

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
PGIM India Overnight Fund - Direct (IDCW-W)	74.04	0.62%	3.49%	7.72%	12.08%	8.01%
Nippon India Overnight Fund - Direct (IDCW-W)RI	8439.04	0.53%	1.61%	3.14%	8.48%	6.62%
Bandhan Overnight Fund - Direct (IDCW-D) RI	1152.58	0.71%	2.05%	4.10%	8.45%	7.58%
TRUSTMF Overnight Fund - Direct (IDCW-D) RI	149.53	0.67%	2.10%	4.27%	8.39%	-
Invesco India Overnight Fund - Dir (IDCW-D) RI	685.95	0.45%	1.38%	3.16%	7.84%	6.83%

News

NJ MF announces change in Fund Managers of the following scheme
NJ Mutual Fund has announced that Mr. Vishal Ashar, Dealer and Fund Manager for NJ Balanced Advantage Fund (Arbitrage Portion) and NJ Arbitrage Fund, will cease to be the Key Personnel effective from closing business hours of December 03, 2024. Accordingly, the fund Management Structure of the designated schemes is as follows:
Change in the name of the Scheme:

Name of the Fund Fund Management Structure

NJ Balanced Advantge Fund Mr. Viral Shah
Mr. Dhaval Patel
NJ Arbitrage Fund Mr. Viral Shah
Mr. Dhaval Patel

Powered by Capital Market - Live News

Name of the Fund	Fund Management Structure
NJ Balanced Advantge Fund	Mr. Viral Shah Mr. Dhaval Patel
NJ Arbitrage Fund	Mr. Viral Shah Mr. Dhaval Patel

NJ Mutual Fund announces change in Key Personnel
NJ Mutual Fund has announced that Mr. Vinayak Agrawal has been appointed as a Head of Operations on the Board of NJ Management Company Ltd. effective November 18, 2024.
Details of Mr. Vinayak Agrawal
Age: 24 years
Designation: Research Analyst
Qualification: B.com, CA, CFA Level 2
Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

29 July 2022

Total AUM (Cr)

₹191.59

NJ Overnight Fund (G) is an Overnight Fund-oriented fund from the renowned AMC, NJ Mutual Fund. Launched in 29 July 2022, this fund is managed by Viral Shah. With assets under management (AUM) worth ₹191.59 (Cr), as of 1 January 2025, NJ Overnight Fund (G) is categorized as a Overnight Fund within its segment. The fund has generated a return of 6.38% since its launch.
The current NAV of NJ Overnight Fund (G) is ₹1,161.71, as on 1 January 2025. The fund's benchmark index is Nifty 1D Rate TRI. You can invest in NJ Overnight Fund (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.94% in Debt and 1.06% in cash and cash equivalents.

FAQs

How to Invest in NJ Overnight Fund (G) Direct Growth?

NJ Overnight Fund (G) is a popular fund in the Overnight Fund segment. The fund has generated a return of 6.38% since inception. Looking to invest in NJ Overnight Fund (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in NJ Overnight Fund (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, NJ Overnight Fund (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in NJ Overnight Fund (G) today and reap the benefits of this Overnight Fund fund!

How much returns has NJ Overnight Fund (G) Direct Growth generated?

In the short term, i.e., 1 year, NJ Overnight Fund (G) has generated annualised return of 6.55%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 6.38% returns.

What is the expense ratio of NJ Overnight Fund (G) Direct Growth?

The expense ratio of NJ Overnight Fund (G) Direct Growth is 0.15%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of NJ Overnight Fund (G) Fund Direct Growth?

The Assets Under Management (AUM) of NJ Overnight Fund (G) is ₹191.59 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from NJ Overnight Fund (G) Direct Growth?

Redeeming or selling units of NJ Overnight Fund (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from NJ Overnight Fund (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case NJ Overnight Fund (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).