Open your free All-in-One trading account with zero hassle!
Canara Robeco Overnight Fund
OvernightRank #9
4/5
NAV (2026-09-14)
₹1421.18
AUM
₹736.52 Cr
Exp. Ratio: 0.11%
RISK LEVEL
Low
Returns & Performance
1 Year5.22%0.08% vs cat avgRank #10
3 Year5.99%0.04% vs cat avgRank #15
5 Year5.63%0.05% vs cat avgRank #7
Since Launch5.04%0.99% vs cat avg
Fund vs Category Average
1Y
5.22%+0.08%
3Y
5.99%+0.04%
5Y
5.63%+0.05%
Pros & Cons
Pros
✔Outperforms category avg on 1Y returns
✔Strong 3Y track record vs category
✔Above category avg 5Y returns
✔No lock-in period
✔Low expense ratio (0.11%)
✔Decent 1Y category rank (#10)
✔Overall top-10 rank in category (#9)
Cons
✖Returns since launch below category avg
ISININF760K01JO1
NAV₹1421.18
NAV Date2026-09-14
AUM₹736.52 Cr
Expense Ratio0.11%
RiskLow
Rating4 / 5
Min Additional Inv.₹1000
SIP AllowedNo
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1987-12-19
INVESTMENT OBJECTIVE
The Scheme seeks to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Avnish Jain
Mr. Jain is a B.Tech from IIT Kharagpur and Post Graduate from IIM Kolkata.
Prior to joining Canara Robeco AMC he has worked with ICICI Prudential AMC, PGIM India Mutual Fund, Deutsche Asset Management, Misys Software Solutions, Yes Bank and ICICI Bank.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Canara Robeco Overnight Fund is ₹1,421.18 as of 2026-09-14.
Canara Robeco Overnight Fund is classified as a Overnight fund.
Canara Robeco Overnight Fund is managed by Canara Robeco Mutual Fund.
The Assets Under Management (AUM) of Canara Robeco Overnight Fund is ₹736.52 Cr.
The expense ratio of Canara Robeco Overnight Fund is 0.11%.
Canara Robeco Overnight Fund is managed by Avnish Jain.
As per the SEBI Riskometer, Canara Robeco Overnight Fund carries a Low risk level.
Canara Robeco Overnight Fund has delivered 5.22% (1Y), 5.99% (3Y) and 5.63% (5Y) annualised returns as of 2026-09-14.
Canara Robeco Overnight Fund was launched on 1987-12-19.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
