Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 0.11% | 0.44% | 1.29% | 2.61% | 5.29% | 6.06% | 5.78% | 5.11% | – |
NAV history
About this fund
Tata Overnight Fund is a overnight debt fund offered by Tata Mutual Fund, classified under Debt as Debt Scheme - Overnight Fund. Overnight funds are among the lowest-risk fund categories. Its latest NAV is ₹1,463.30, with assets under management of about ₹5,354 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Tata Overnight Fund has recorded a return of about 5.3%, with a three-year return of 6.1% and a five-year return of 5.8%. Its annualised volatility is 0.1% — relatively low fluctuations — and its Sharpe ratio is -20.17, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.05%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 5.11 | 5.37 | 3.00 | 6.83 | 100% | 0% |
| 3Y | 5.25 | 5.50 | 3.67 | 6.49 | 100% | 0% |
| 5Y | 5.21 | 5.20 | 4.76 | 5.78 | 100% | 0% |
| 7Y | 5.12 | 5.11 | 5.10 | 5.14 | 100% | 0% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Union Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.59 | 5.26 | 6.02 | 5.76 | – | 0.06 |
| Baroda BNP Paribas Overnight Fund Debt Scheme - Overnight Fund | 0.44 | 1.29 | 2.60 | 5.28 | 6.03 | 5.76 | – | 0.05 |
| Franklin India Overnight Fund Debt Scheme - Overnight Fund | 0.44 | 1.29 | 2.61 | 5.31 | 6.02 | 5.73 | – | 0.06 |
| HSBC Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.58 | 5.26 | 6.03 | 5.77 | – | 0.05 |
| Groww Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.25 | 2.53 | 5.15 | 5.95 | 5.62 | – | 0.10 |
| LIC MF Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.59 | 5.26 | 6.03 | 5.76 | – | 0.06 |
| Canara Robeco Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.58 | 5.21 | 5.95 | 5.70 | – | 0.07 |
| Mahindra Manulife Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.57 | 5.24 | 6.02 | 5.76 | – | 0.06 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Tata Nifty 50 Index Fund Other Scheme - Index Funds | -2.72 | -5.24 | -6.24 | -11.50 | 6.01 | 5.57 | 11.02 | 0.19 |
| Tata Childrens Fund Solution Oriented Scheme - Children's Fund | -4.02 | -7.39 | -7.35 | -14.17 | 2.96 | 4.90 | 9.51 | 1.56 |
| Tata Money Market Fund Debt Scheme - Money Market Fund | 0.27 | 1.51 | 3.11 | 6.44 | 7.44 | 6.87 | 6.03 | 0.15 |
| Tata Liquid Fund Debt Scheme - Liquid Fund | 0.41 | 1.51 | 3.12 | 6.44 | 6.92 | 6.40 | 6.13 | 0.19 |
| Tata Ultra Short to Short Term Fund Income/Debt Oriented Schemes - Ultra Short to Short Term Fund | 0.13 | 1.23 | 2.94 | 5.98 | 7.20 | 6.49 | 6.18 | – |
| Tata Short Term Fund Debt Scheme - Short Duration Fund | -0.45 | 0.29 | 1.95 | 4.15 | 7.01 | 6.24 | 6.33 | – |
| Tata Gilt Fund Debt Scheme - Gilt Fund | -2.46 | -2.40 | 0.61 | 0.05 | 6.14 | 5.56 | 6.20 | – |
| Tata ELSS - Tax Saver Fund Equity Scheme - ELSS | -6.70 | -5.82 | -4.09 | -3.31 | 10.77 | 10.00 | 13.27 | – |