NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years
Overnight FundNAV
1017.72(0.02%)Fund Size (CR)
₹197.35Expense Ratio
-Scheme Type
Active FundValue Research
-
Min. investment
₹0Minimum Additional Investment
₹0Minimum SIP Investment
₹100Minimum Withdrawal
₹0Exit Load
-Return Since Launch
1.53%
- 3M
- 6M
- 1Y
- 3Y
- All
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 | 27 January 2025 | 10012.26 | 0.12% | - | 0.12% | 150/256 |
| 1 Month | 3 January 2025 | 10054.51 | 0.55% | - | 0.48% | 150/256 |
| 3 Month | 3 November 2024 | 10143.58 | 1.44% | - | 1.46% | 200/255 |
| 6 Month | 2 August 2024 | 9759.00 | -2.41% | - | 2.92% | 254/254 |
| 1 Year | 2 February 2024 | 10077.60 | 0.78% | 0.78% | 6.01% | 233/254 |
| 3 Year | - | - | 0% | - | 5.55% | -/- |
| 5 Year | - | - | 0% | - | 4.84% | -/- |
| Since Inception | 10 December 2023 | 10177.22 | 1.77% | 1.53% | 5.96% | 234/256 |
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 March 2024 | 1,20,000 | 119524.62 | -0.40% | -0.40% |
| 3 Year | - | - | - | - | - |
| 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
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
1.39%
Standard Deviation
-2.60%
Beta
-1.18%
Sharpe Ratio
-9.78%
Treynor's Ratio
-6.24%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| C C I | 98.74% | - | 163.09 | Reverse Repo | Debt Others |
| Net CA & Others | 1.26% | - | 2.08 | Net CA & Others | Debt Others |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| PGIM India Overnight Fund - Direct (IDCW-W) | 102.82 | 0.92% | 2.93% | 7.91% | 12.59% | 8.21% | |
| Bandhan Overnight Fund - Direct (IDCW-D) RI | 805.01 | 0.78% | 2.15% | 4.19% | 8.49% | 7.75% | |
| TRUSTMF Overnight Fund - Direct (IDCW-D) RI | 139.01 | 0.58% | 2.02% | 4.18% | 8.46% | 6.70% | |
| Bandhan Overnight Fund - Direct (IDCW-W) RI | 805.01 | 0.56% | 2.55% | 4.34% | 7.85% | 6.47% | |
| Helios Overnight Fund - Direct (IDCW-D) RI | 131.49 | 0.58% | 1.74% | 3.49% | 7.71% | - |
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 PatelNJ Arbitrage Fund Mr. Viral Shah
Mr. Dhaval PatelPowered by Capital Market - Live News
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
10 December 2023
Total AUM (Cr)
₹165.17
NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years is an Overnight Fund-oriented fund from the renowned AMC, NJ Mutual Fund. Launched in 10 December 2023, this fund is managed by Viral Shah. With assets under management (AUM) worth ₹165.17 (Cr), as of 3 February 2025, NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years is categorized as a Overnight Fund within its segment. The fund has generated a return of 1.53% since its launch.
The current NAV of NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years is ₹1,017.72, as on 3 February 2025. The fund's benchmark index is Nifty 1D Rate TRI. You can invest in NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is -.
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 98.74% in Debt and 1.26% in cash and cash equivalents.
FAQs
How to Invest in NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years Direct Growth?
NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years is a popular fund in the Overnight Fund segment. The fund has generated a return of 1.53% since inception. Looking to invest in NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years How about earning 1% extra return? All this is possible with m.Stock! Investing in NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years 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 - Unclaimed Redemption Plan-Upto 3 Years
- 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 - Unclaimed Redemption Plan-Upto 3 Years today and reap the benefits of this Overnight Fund fund!
How much returns has NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years Direct Growth generated?
What is the expense ratio of NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years Direct Growth?
What is the AUM of NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years Fund Direct Growth?
How to redeem or withdraw money from NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years Direct Growth?
Redeeming or selling units of NJ Overnight Fund - Unclaimed Redemption Plan-Upto 3 Years 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 - Unclaimed Redemption Plan-Upto 3 Years:
- 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 - Unclaimed Redemption Plan-Upto 3 Years).
- 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).
