NJ Overnight Fund
NJ Overnight Fund is a overnight fund of NJ Mutual Fund with ₹385 cr under management. It is ahead of its benchmark (Nifty 1D Rate Index) in 0 of 2 periods. Its direct plan charges 0.08% a year. Viral Shah has managed it for 3.6 years.
What is NJ Overnight Fund invested in?
Has NJ Overnight Fund beaten its benchmark?
Ahead of its benchmark, Nifty 1D Rate Index, in 0 of 2 periods in AMFI's figures; +5.19% over the last year against +5.23%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | +0.42% | −3.60% | — |
| 3 months | +1.25% | −5.03% | — |
| 6 months | +2.55% | −1.83% | — |
| 1 year | +5.19% | −4.06% | +9.25 pts |
| 3 years | +5.96% | +9.27% | −3.31 pts |
| 5 years | — | +8.00% | — |
| 10 years | — | +12.69% | — |
| Since start from 2 Aug 2022 | +6.06% | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | +5.19% | +5.08% | +5.23% | −0.04 | 🔒 |
| 3y | +5.96% | +5.85% | +6.04% | −0.08 | 🔒 |
| 5y | — | — | — | — | — |
| 10y | — | — | — | — | — |
Value of 100, month-end
Aug 2022 to 14 Oct 2026₹100 put in at the start of Aug 2022 would be ₹128 on 14 Oct 2026, against ₹149 in the Nifty 500 TRI.
What does NJ Overnight Fund cost?
0.08% a year on the direct plan, 0.17% on the regular plan; 3 of 40 funds in its category charge less.
Who manages NJ Overnight Fund?
Viral Shah, since 8 Mar 2023; Dhaval Patel, since 8 Mar 2023; Jaimin Ilavia, since 8 Mar 2023.
Questions people ask
Who manages NJ Overnight Fund?
Viral Shah (manager) since 8 Mar 2023; Dhaval Patel (manager) since 8 Mar 2023; Jaimin Ilavia (manager) since 8 Mar 2023.
What is the expense ratio of NJ Overnight Fund?
0.08% a year on the direct plan and 0.17% on the regular plan (expense report, Oct 2026).
How has NJ Overnight Fund done?
Its direct plan returned +5.96% a year over 3 years against +6.04% for its benchmark, Nifty 1D Rate Index, as of 13 Oct 2026.
See NJ Overnight Fund beside your own funds in Valarth
