Monarch Overnight Fund
About this plan
This is the Regular plan of Monarch Overnight Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
This is the Regular plan of Monarch Overnight Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Overnight Fund peers to rank yet
Volatility not available yet
0.2% expense vs 0.2% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
No standout strengths identified.
Concerns
- High expense ratio (0.23%) vs the Overnight Fund average of 0.19%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
Pick a longer period to plot the path.
1 monthly installments of ₹10,000 into Monarch Overnight Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Monarch in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Monarch Overnight Fund Regular-Growth (₹ 1,000.44) - NAV, Reviews & asset allocation
The Economic Times · 4h ago
Monarch Overnight Fund Direct-Growth (₹ 1,000.44) - NAV, Reviews & asset allocation
The Economic Times · 8h ago
Monarch Mutual Fund set to enter MF space with maiden overnight fund; files draft with Sebi
The Economic Times · 27d ago
The Wealth Company launches GIFT City Fund to offer overseas investors India mutual fund exposure
The Economic Times · 10 Aug 2026
NFO Update: SBI Mutual Fund launches balanced hybrid fund
The Economic Times · 10 Aug 2026
Explained: Why 11 international mutual funds halted fresh SIPs and how investors can still invest globally
The Economic Times · 17 Jul 2026
Sebi allows mutual funds to use intraday borrowing to manage liquidity mismatches
The Economic Times · 10 Jul 2026
Mutual fund SIP inflows rise by Rs 827 crore to 3-month high of Rs 31,781 crore in June
The Economic Times · 10 Jul 2026
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Overnight funds
Overnight funds hold securities maturing the very next day, making them the lowest-risk debt category. They're a place to park cash for a few days with almost no interest-rate risk.
Frequently asked questions
What is the NAV of Monarch Overnight Fund?
As of 14 Sep 2026, the NAV of Monarch Overnight Fund is ₹1,000.94 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Monarch Overnight Fund delivered?
Monarch Overnight Fund has returned +0.02% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Monarch Overnight Fund?
Monarch Overnight Fund charges an expense ratio of 0.23% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
How risky is Monarch Overnight Fund?
Monarch Overnight Fund is rated low on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was 0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Monarch Overnight Fund?
Monarch Overnight Fund is benchmarked against the CRISIL Liquid Overnight Index. Its alpha and beta on this page are measured against that index.
Who manages Monarch Overnight Fund?
Monarch Overnight Fund is managed by Sanjay Motta at Monarch.
How is Monarch Overnight Fund taxed?
Monarch Overnight Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.