Tata Overnight Fund Direct-Growth
Debt: Overnight - Growth (Open ended) Factsheet
NAV: ₹1,443.64+0.01%
17 Jul 2026
Rolling Returns Analysis
Rolling annualized returns of Tata Overnight Fund Direct-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 03 Dec, 2019 - 17 Jul, 2026 | 15 Apr, 2021 - 17 Jul, 2026 | 29 Aug, 2022 - 17 Jul, 2026 | 12 Jan, 2024 - 17 Jul, 2026 |
| Average returns | 3.49% | 3.49% | 3.53% | 3.50% |
| Standard deviation | 0.97% | 0.89% | 0.61% | 0.24% |
| Best returns | 4.68% 1 year ending on 17 Apr, 2024 | 4.57% 3 years ending on 10 Feb, 2025 | 4.32% 5 years ending on 26 Jan, 2026 | 3.92% 7 years ending on 17 Jul, 2026 |
| Worst returns | 2.03% 1 year ending on 29 Nov, 2020 | 2.15% 3 years ending on 12 Apr, 2022 | 2.67% 5 years ending on 07 Oct, 2022 | 3.18% 7 years ending on 12 Jan, 2024 |
| Period with positive return | 100.00% | 100.00% | 100.00% | 100.00% |
| Period with return > 5% | 0.00% | 0.00% | 0.00% | 0.00% |
| Period with return > 10% | 0.00% | 0.00% | 0.00% | 0.00% |
| Period with return > 15% | 0.00% | 0.00% | 0.00% | 0.00% |
| Beat % Category | 61.43% | 55.23% | 52.58% | 89.71% |
| Beat % Benchmark | 23.49% | 0.00% | 0.00% | 0.00% |
Trailing Returns
Point-to-point returns of Tata Overnight Fund Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
-5%
0%
5%
10%
2.8%
2.8%
-6.2%
YTD
0.4%
0.4%
1.4%
1 M
2.6%
2.5%
-4.7%
6 M
5.4%
5.3%
-2.0%
1 Y
6.2%
6.1%
8.6%
3 Y
5.7%
5.6%
10.1%
5 Y
5.4%
12.4%
10 Y
Fund
Debt: Overnight
CRISIL Liquid Overnight Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | 2.82% | 0.43% | 2.57% | 5.37% | 6.19% | 5.66% | - | 5.15% |
| Debt: Overnight | 2.78% | 0.42% | 2.53% | 5.30% | 6.14% | 5.63% | 5.37% | - |
| CRISIL Liquid Overnight Index | -6.21% | 1.36% | -4.68% | -1.96% | 8.56% | 10.14% | 12.43% | - |
| Rank in category | 5 | 8 | 4 | 5 | 4 | 5 | - | - |
| Funds in category | 38 | 38 | 38 | 38 | 33 | 27 | 2 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Tata Overnight Fund Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Tata Overnight Fund Direct-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
Compare performance with respect toAdd benchmark
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Frequently Asked Questions
What are the 1-year returns of Tata Overnight Fund Direct-Growth?
Tata Overnight Fund Direct-Growth has delivered a 1-year return of 5.37% as of 16 Jul 2026. During the same period, its benchmark CRISIL Liquid Overnight Index returned -1.96%. The fund has outperformed its benchmark over this period.
What are the 3-year returns of Tata Overnight Fund Direct-Growth?
Tata Overnight Fund Direct-Growth has delivered a 3-year CAGR of 6.19% as of 16 Jul 2026. Its benchmark CRISIL Liquid Overnight Index returned 8.56% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.
What are the 5-year returns of Tata Overnight Fund Direct-Growth?
Tata Overnight Fund Direct-Growth has delivered a 5-year CAGR of 5.66% as of 16 Jul 2026. Its benchmark CRISIL Liquid Overnight Index returned 10.14% CAGR over the same period. A 5-year track record is considered a more reliable indicator of fund quality than shorter-term performance, as it captures at least one full market cycle.
What are the returns of Tata Overnight Fund Direct-Growth since inception?
Since its launch on 27 Mar 2019, Tata Overnight Fund Direct-Growth has delivered a CAGR of 5.15%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Tata Overnight Fund Direct-Growth performed vs its category over the long term?
Over the long term, Tata Overnight Fund Direct-Growth has ranked 4 out of 33 funds in the Debt: Overnight category on a 3-year basis, and 5 out of 27 funds on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Tata Overnight Fund Direct-Growth?
The Sharpe ratio of Tata Overnight Fund Direct-Growth is 1.26 (as of 16 Jul 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Tata Overnight Fund Direct-Growth?
The alpha of Tata Overnight Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.
What is the beta of Tata Overnight Fund Direct-Growth?
The beta of Tata Overnight Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section above.
What are the rolling returns of Tata Overnight Fund Direct-Growth?
The average 1-year and 3-year rolling returns of Tata Overnight Fund Direct-Growth is 3.49% and 3.49% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.