Should I invest in Zerodha Overnight Fund?

We don't give personal investment advice. Zerodha Overnight Fund - Direct Plan - Growth Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding.

Zerodha

Zerodha Overnight Fund - Direct Plan - Growth Option

Latest NAV

₹10.6333

As of

3 Jun 2026

356 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.01%	+0.01%	+0.00	38 / 41	Q4
1W	+0.10%	+0.10%	0.00	37 / 41	Q4
2W	+0.20%	+0.19%	+0.01	32 / 41	Q4
1M	+0.41%	+0.40%	+0.01	32 / 41	Q4
3M	+1.25%	+1.21%	+0.04	30 / 41	Q3
6M	+2.50%	+2.43%	+0.07	32 / 41	Q4
YTD	+2.09%	+2.02%	+0.07	29 / 41	Q3
1Y	+5.21%	+5.02%	+0.19	30 / 41	Q3
2Y	—	—	—	—	—
3Y	—	—	—	—	—
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+5.29%	+5.14%	+0.14	13 / 41	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.09%	+2.02%	+0.07	29 / 41
2025	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.25%

3 windows

min 5.2% · max 5.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

—

Insufficient history

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Peers in Overnight Fund

Scheme	Fund house	NAV	As of
HDFC Overnight Fund - Growth Option - Direct Plan	HDFC	₹4,028.2058	3 Jun 2026
Nippon India Overnight Fund - Direct Plan - Growth Option	Nippon India	₹145.9846	3 Jun 2026
SBI OVERNIGHT FUND - DIRECT PLAN - GROWTH	SBI	₹4,418.4117	3 Jun 2026
ICICI Prudential Overnight Fund - Direct Plan - Growth	ICICI Prudential	₹1,464.3701	3 Jun 2026
Invesco India Overnight Fund - Direct Plan - Growth	Invesco	₹1,372.9716	3 Jun 2026
BANDHAN Overnight Fund - Direct Plan - Growth	Bandhan	₹1,449.3104	3 Jun 2026
quant Overnight Fund - Growth Option - Direct Plan	Quant	₹12.4167	3 Jun 2026
ADITYA BIRLA SUN LIFE OVERNIGHT FUND-DIRECT PLAN-GROWTH	Aditya Birla Sun Life	₹1,469.7090	3 Jun 2026
Franklin India Overnight Fund- Growth - Direct	Franklin India	₹1,417.6439	3 Jun 2026
Mirae Asset Overnight Fund Direct Plan Growth	Mirae Asset	₹1,393.6862	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹10.6333
2 Jun 2026	₹10.6319
1 Jun 2026	₹10.6304
31 May 2026	₹10.6290
29 May 2026	₹10.6259
28 May 2026	₹10.6244
27 May 2026	₹10.6229
26 May 2026	₹10.6214
24 May 2026	₹10.6185
22 May 2026	₹10.6155

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Zerodha Overnight Fund - Direct Plan - Growth Option is ₹10.6333. It's a Overnight Fund from Zerodha, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Zerodha Overnight Fund - Direct Plan - Growth Option has NAV history starting from 09 Apr 2025, a track record of about 1 year 1 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Zerodha Overnight Fund - Direct Plan - Growth Option is managed by Zerodha. It's classified by AMFI under the 'Overnight Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Zerodha Overnight Fund - Direct Plan - Growth Option has delivered a absolute return of 5.21% — +0.19 pp ahead of the Overnight Fund category average of 5.02%. The fund ranks #30 of 41 in its category — the third (Q3) quartile.

Zerodha Overnight Fund - Direct Plan - Growth Option doesn't have a complete 3-year window yet (we need at least 3 year of NAVs). Check the shorter-window returns above.

Zerodha Overnight Fund - Direct Plan - Growth Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

Zerodha Overnight Fund - Direct Plan - Growth Option doesn't yet have a 3-year CAGR on file, so a ₹1 lakh growth projection isn't reliable.

A ₹10,000 monthly SIP in Zerodha Overnight Fund - Direct Plan - Growth Option over the last 1 year — total invested ₹120,000 — would be worth ₹123,318 today. That's an XIRR (money-weighted annualised return) of 5.15%.

Zerodha Overnight Fund - Direct Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (1-year SIP), ₹10,000/month would have grown to ₹123,318 — XIRR 5.15%.

Zerodha Overnight Fund - Direct Plan - Growth Option doesn't yet have a peer rank on file — typically because its category set is too small or it lacks the required NAV history. Compare manually using the returns table above.

Zerodha Overnight Fund - Direct Plan - Growth Option doesn't have a computed drawdown figure yet.

Consistency stats for Zerodha Overnight Fund - Direct Plan - Growth Option need at least 3 years of NAVs to compute. They'll populate automatically once the fund has enough history.

We don't yet have a completed calendar-year return for Zerodha Overnight Fund - Direct Plan - Growth Option.

Zerodha Overnight Fund - Direct Plan - Growth Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Zerodha Overnight Fund - Direct Plan - Growth Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Zerodha Overnight Fund - Direct Plan - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Peers in Overnight Fund

Recent NAVs

Frequently asked questions

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