Monarch Overnight Fund Direct-Growth
Debt: Overnight - Growth (Open ended)
SEBI Riskometer: LowCategory: Debt: OvernightBenchmark: CRISIL Liquid Overnight IndexCheck Portfolio Overlap →
NAV: ₹1,001.86+0.01%
21 Sept 2026
Similar Funds
Side-by-side comparison of Monarch Overnight Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | — | 5.23% | — |
| 3Y Return | — | 6.03% | — |
| 5Y Return | — | 5.69% | — |
| 10Y Return | — | 5.39% | — |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Debt: Overnight
Top funds by AUM in the Debt: Overnight category — see how Monarch Overnight Fund Direct-Growth compares on size and returns.
Funds Tracking CRISIL Liquid Overnight Index
Top funds tracking the CRISIL Liquid Overnight Index — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to Monarch Overnight Fund Direct-Growth?
Funds similar to Monarch Overnight Fund Direct-Growth in the Debt: Overnight category include SBI Overnight Fund Direct-Growth, ICICI Prudential Overnight Fund Direct-Growth, and HDFC Overnight Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Monarch Overnight Fund Direct-Growth in its category?
The category rank of Monarch Overnight Fund Direct-Growth is shown in the Trailing Returns section above.
How does Monarch Overnight Fund Direct-Growth's expense ratio compare to similar funds?
Monarch Overnight Fund Direct-Growth has an expense ratio of 0.17%. The peers SBI Overnight Fund Direct-Growth has an expense ratio of 0.09% and ICICI Prudential Overnight Fund Direct-Growth has 0.09%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Monarch Overnight Fund Direct-Growth's AUM compare to similar funds?
The AUM of Monarch Overnight Fund Direct-Growth is shown in the Scheme Overview section above.
Which fund has the best 3-year returns in the Debt: Overnight?
The top performing fund in the Debt: Overnight category on a 3-year basis is Bank of India Overnight Fund Direct-Growth with a CAGR of 6.20% as of 20 Sep 2026. Monarch Overnight Fund Direct-Growth has delivered - CAGR over the same period. You can view and compare the full category ranking on sharpely.
How does Monarch Overnight Fund Direct-Growth rank in risk-adjusted returns vs peers?
The Sharpe ratio of Monarch Overnight Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section on the Performance tab.