Bajaj Finserv Overnight Fund vs Shriram Overnight Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bajaj Finserv Overnight Fund and Shriram Overnight Fund are both Overnight funds. Bajaj Finserv Overnight Fund charges 0.11% a year and Shriram Overnight Fund 0.19% (Direct plans). Their portfolios overlap 0.0%: they hold 0 of the same securities.
Which is better, Bajaj Finserv Overnight or Shriram Overnight? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bajaj Finserv Overnight costs less: 0.11% a year against 0.19% (Direct plans).
- Bajaj Finserv Overnight is the larger fund: ₹792 Cr against ₹41 Cr.
- Their portfolios overlap 0.0%: 0 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bajaj Finserv Overnight Fund | Shriram Overnight Fund |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | Shriram Mutual Fund |
| Category | Overnight | Overnight |
| AUM | ₹792 Cr (30-09-2026) | ₹41 Cr (30-09-2026) |
| NAV | ₹1,217.99 (Direct) | ₹1,281.34 (Direct) |
| Expense ratio (Direct) | 0.11% | 0.19% |
| Expense ratio (Regular) | 0.16% | 0.25% |
| Riskometer | Low | Low |
| Benchmark | CRISIL Liquid Overnight Index | CRISIL Liquid Overnight Index |
| Launch date | 05-07-2023 | 26-08-2022 |
| Minimum investment | ₹100 | ₹500 |
| Lock in | None | None |
| Fund managers | Nimesh Chandan, Siddharth Chaudhary, Chirag Shah, Sourish Chatterjee | Amit Modani |
| Exit load | Nil | NIL |
Bajaj Finserv Overnight vs Shriram Overnight: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bajaj Finserv Overnight Fund (Direct) | +0.47% | +1.33% | +2.64% | +5.34% | +6.05% | -- | -- |
| Shriram Overnight Fund (Direct) | +0.45% | +1.28% | -- | -- | -- | -- | -- |
| Overnight average | +0.45% | +1.28% | -- | -- | -- | -- | -- |
Category average: the average of the 40 Overnight funds, same plan type.
Bajaj Finserv Overnight vs Shriram Overnight: Year-wise Returns
| Year | Bajaj FinservBajaj Finserv Overnight | ShriramShriram Overnight |
|---|---|---|
| 2026to date | +4.37% | -- |
| 2025 | +5.86% | -- |
| 2024 | +6.72% | -- |
Bajaj Finserv Overnight vs Shriram Overnight: Rolling Returns
Every holding period of both funds
Bajaj Finserv Overnight vs Shriram Overnight: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bajaj Finserv Overnight Fund (Direct) | Shriram Overnight Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.11% | +5.24% |
| Standard deviation | 0.04% | 0.06% |
| Sharpe ratio | 0.30 | -0.50 |
| Sortino ratio | 0.46 | -1.72 |
| Maximum drawdown | 0.0% | 0.0% |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 05-07-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Bajaj Finserv Overnight Fund (Direct)
Shriram Overnight Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bajaj Finserv Overnight Fund (Direct) | 0.0% | -- | -- | -- | -- | 0.0% |
| Shriram Overnight Fund (Direct) | 0.0% | -- | -- | -- | -- | 0.0% |
From daily values since 30-05-2026, the first day every fund has.
Bajaj Finserv Overnight vs Shriram Overnight: Portfolio Overlap
From each fund's latest monthly portfolio: Bajaj Finserv Overnight Fund, September 2026; Shriram Overnight Fund, September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in Bajaj Finserv Overnight
- 4
- Only in Shriram Overnight
- 1
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bajaj Finserv Overnight Fund
| Security | % of fund |
|---|---|
| National Bank For Agriculture and Rural Development (01/10/2026) | 6.31% |
| 91 Days Tbill (MD 01/10/2026) | 3.16% |
| 364 Days Tbill (MD 02/10/2026) | 1.26% |
| 182 Days Tbill (MD 29/10/2026) | 0.63% |
Largest holdings only in Shriram Overnight Fund
| Security | % of fund |
|---|---|
| 91 DAYS TBILL RED 22-10-2026 | 9.85% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bajaj Finserv Overnight | Shriram Overnight |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 11.4% | 9.8% |
| Cash and others | 88.6% | 90.2% |
Bajaj Finserv Overnight vs Shriram Overnight: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bajaj Finserv Overnight Fund | Shriram Overnight Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.11% | 0.19% |
| Base expense ratio (Direct) | 0.07% | 0.10% |
| Total expense ratio (Regular) | 0.16% | 0.25% |
| Base expense ratio (Regular) | 0.11% | 0.15% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Bajaj Finserv Overnight with
Bajaj Finserv Overnight Fund vs Shriram Overnight Fund: Frequently Asked Questions
What is the difference between Bajaj Finserv Overnight Fund and Shriram Overnight Fund?
Both are Overnight funds, run by Bajaj Finserv Mutual Fund and Shriram Mutual Fund. Their portfolios overlap 0.0%. Bajaj Finserv Overnight Fund charges 0.11% a year and Shriram Overnight Fund 0.19%.
Which has the lower expense ratio, Bajaj Finserv Overnight Fund or Shriram Overnight Fund?
Bajaj Finserv Overnight Fund charges less: 0.11% a year against 0.19%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bajaj Finserv Overnight Fund and Shriram Overnight Fund overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Which is riskier, Bajaj Finserv Overnight Fund or Shriram Overnight Fund?
On SEBI's riskometer, Bajaj Finserv Overnight Fund is rated Low and Shriram Overnight Fund Low. Over their common history, the standard deviation of daily returns was 0.04% and 0.06% a year.
Can I invest in both Bajaj Finserv Overnight Fund and Shriram Overnight Fund?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Bajaj Finserv Overnight Fund and Shriram Overnight Fund?
Bajaj Finserv Overnight Fund: Nimesh Chandan, Siddharth Chaudhary, Chirag Shah, Sourish Chatterjee. Shriram Overnight Fund: Amit Modani.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.