The Scheme seeks to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Jayant Dhoot
Chartered Accountant, Company Secretary, B.Com
Prior to joining the JM MF, he was worked with Taurus Corporate Advisory Services Pvt Ltd, Nuvama Wealth & Investment Ltd, NVS Brokerage Pvt. Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of JM Overnight Fund is ₹1,386.47 as of 2026-08-28.
JM Overnight Fund is classified as a Overnight fund.
The Assets Under Management (AUM) of JM Overnight Fund is ₹99.45 Cr.
The expense ratio of JM Overnight Fund is 0.19%.
JM Overnight Fund is managed by Jayant Dhoot.
The minimum SIP investment for JM Overnight Fund is ₹100.
As per the SEBI Riskometer, JM Overnight Fund carries a Low risk level.
JM Overnight Fund has delivered 5.06% (1Y), 5.92% (3Y) and 5.55% (5Y) annualised returns as of 2026-08-28.
JM Overnight Fund was launched on 1994-09-15.
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.
