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Groww Overnight Fund(DD-IDCW) Direct IDCW

IDCW
1,001.530.01% (-0.06)
High
Low
Returns
1M
6M
1Y
3Y
5Y
Max
SIP
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1M
6M
1Y
3Y
5Y
Max
SIP

Small-size Fund

Assets Under Mgmt: ₹ 11 Cr

Low Risk

Principle investment will be at low risk

Scorecard

Performance

Low

Hasn’t fared well - amongst the low performers in sub-category

Risk

Low

Stay at ease, amongst the lower risk funds

Cost

High

Higher costs on pocket vs others

Composition

Low

Composition not as great as others

Red flags

Low

We got you covered, no major red flags identified

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Small-size Fund

Assets Under Mgmt: ₹ 11 Cr

Low Risk

Principle investment will be at low risk

Groww Overnight Fund(DD-IDCW) Performance & Key Metrics

Groww Overnight Fund(DD-IDCW) Performance & Key Metrics

No LabelNo LabelBase Expense RatioBase Exp. RatioNo LabelNo Label
0.170.106.80
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
0.15-54.055.18

Groww Overnight Fund(DD-IDCW) Scheme InfoGroww Overnight Fund(DD-IDCW) Scheme Info

PlanPlanLock inLock in
Lock in Period

Period before which your investment can't be withdrawn from the MF scheme

Exit LoadExit Load
Exit Load

The fee that the AMC charges investors at the time of exiting or redeeming their fund units.

IDCW0 yrs0.00%
Nil
SIP Inv.SIP Inv.
Sip Investment

If SIP investments are allowed in the fund or not

Min. LumpsumMin. Lumpsum
Minimum Lumpsum Inv Amount

Minimum investment the AMC allows in the given scheme via lumpsum route

Allowed₹ 500
Initial: ₹ 500 Incremental: ₹ 500
BenchmarkBenchmark
Benchmark Index

Benchmark index wrt which performance of the fund is tracked

CRISIL Liquid Overnight Index

About Overnight Fund

About Overnight Fund

Overnight funds are debt funds. They invest in debt securities with overnight maturities. These funds are the most liquid investment securities with the minimum exposure to risk.

Groww Overnight Fund(DD-IDCW) Peers

Groww Overnight Fund(DD-IDCW) Peers & Comparison

Comparing 3 mutual funds from 
DebtOvernight Fund
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
Groww Overnight Fund(DD-IDCW)0.03%0.02%0.02%
SBI Overnight Fund(W-IDCW Payout)5.23%6.04%2.36%
ICICI Pru Overnight Fund(W-IDCW Payout)0.02%0.01%0.01%
HDFC Overnight Fund(DD-IDCW)0.000.000.00

Groww Overnight Fund(DD-IDCW) Returns Comparison

Compare Groww Overnight Fund(DD-IDCW) with any MF, ETF, stock or index
Compare Groww Overnight Fund(DD-IDCW) with any MF, ETF, stock or index
Groww Overnight Fund(DD-IDCW)
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Groww Overnight Fund(DD-IDCW) Portfolio

Groww Overnight Fund(DD-IDCW) Asset Allocation

Groww Overnight Fund(DD-IDCW) Asset Allocation

Actual

Target

Dec 2025

Mar 2026

Jun 2026

Aug 2026

ACTUAL
Cash & Equivalents100.00%

Dec 2025

Mar 2026

Jun 2026

Aug 2026

Tickertape Separator

Groww Overnight Fund(DD-IDCW) Sector Distribution

Groww Overnight Fund(DD-IDCW) Sector Distribution

MiscellaneousOthers3.24 %96.76 %

Dec 2025

Mar 2026

Jun 2026

Aug 2026

Tickertape Separator

Groww Overnight Fund(DD-IDCW) Sector Weightage

Groww Overnight Fund(DD-IDCW) Sector Weightage

Jun 25Sep 25Dec 25Mar 26Jun 26Aug 261.91%15.68%96.76%99.29%99.80%96.76%
Others as a % of total holdings for last six quarters
Tickertape Separator

Groww Overnight Fund(DD-IDCW) Current Holdings

Groww Overnight Fund(DD-IDCW) Current Holdings

Others

Sort holdings
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    Holding Weight
    3M Change

AMC Profile of Groww Overnight Fund(DD-IDCW)

AMC Profile of Groww Overnight Fund(DD-IDCW)

Groww Asset Management Ltd. is the mutual fund arm of Groww, one of India’s leading investment platforms. The AMC offers a range of equity, debt, and hybrid schemes aimed at simplifying investing for retail investors through a digital-first approach.

Groww Asset Management Ltd. is the mutual fund arm of Groww, one of India’s leading investment platforms. The AMC offers a range of equity, debt, and hybrid schemes aimed at simplifying investing for retail investors through a digital-first approach.

  • No.of Schemes

    37

  • Total AUM

    ₹ 5,176.69 Cr.

Groww Overnight Fund(DD-IDCW) Manager Details

Groww Overnight Fund(DD-IDCW) Manager Details

Groww Overnight Fund(DD-IDCW) Manager Profile

Groww Overnight Fund(DD-IDCW) Manager Profile

Groww Overnight Fund(DD-IDCW) Manager Performance (0)

Groww Overnight Fund(DD-IDCW) Manager Performance (0)

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Groww Overnight Fund(DD-IDCW) Review & Opinions

Groww Overnight Fund(DD-IDCW) Review & Opinions

The content here in the form of articles and videos is for information purposes only and may have been sourced from publicly available sources or otherwise. Tickertape does not guarantee the authenticity and veracity of the material shared. The User understands and agrees that Tickertape is not aware nor liable for any content shared here.
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Frequently asked questions

  1. The current NAV of Groww Overnight Fund(DD-IDCW) is ₹1001.53, as of 20th September 2026.

  2. The Groww Overnight Fund(DD-IDCW) was launched on 8th July 2019. This mutual fund's past returns are as follows:
    • 1 Year Returns: 0.03%
    • 3 Year Returns: 0.02%
    • 5 Year Returns: 0.01%

  3. The top sectors Groww Overnight Fund(DD-IDCW) has invested in are as follows:
    • Others | 96.76%
    • Miscellaneous | 3.24%
    This data is as on 20th September 2026.

  4. The top 5 holdings for Groww Overnight Fund(DD-IDCW) are as follows:
    • Reverse Repo 01-SEP-26 | 95.05%
    • TREPS 01-SEP-2026 | 3.24%
    • Net Receivable/Payable | 1.71%
    • TREPS 01-JUL-2026 | N/A%
    • Reverse Repo 01-JUL-26 | N/A%
    This data is as on 20th September 2026.

  5. The asset allocation for Groww Overnight Fund(DD-IDCW) is as follows:
    • Cash & Equivalents | 100.00%
    This data is as on 20th September 2026.

  6. The AUM (i.e. assets under management) of Groww Overnight Fund(DD-IDCW) is ₹11.72 Cr as of 20th September 2026.

  7. The expense ratio of Groww Overnight Fund(DD-IDCW) Plan is 0.10 as of 20th September 2026.

  8. The alpha ratio for the Groww Overnight Fund(DD-IDCW) is 0.96

    Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

  9. The volatility or standard deviation for the Groww Overnight Fund(DD-IDCW) is 0.22

    Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

  10. The Sharpe ratio for the Groww Overnight Fund(DD-IDCW) is 6.80

    The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

  11. The Sortino Ratio for the Groww Overnight Fund(DD-IDCW) is 0.62

    The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.