AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in हिंदी

Monarch Overnight Fund - Direct Plan - Monthly IDCW

Overnight Funds invest in securities that mature the next day. They carry very low interest-rate and credit risk.

NAV history (AMFI)हिंदी में

Monarch Mutual FundOvernight FundsDirect · IDCW (income distribution)
NAV · 18 Oct 2026₹1,003.23▲ 0.03% (1 day)
  • Current NAV₹1,003.23
  • Fund Size (AUM)—
  • Expense Ratio—
  • 1Y Return—
  • 3Y Return (CAGR)—
  • 5Y Return (CAGR)—
  • Category Rank (3Y)—
  • Riskometer—
  • Min. SIP / Lump sum—
More figures (11)
  • Since Launch (CAGR)+0.29%
  • Benchmark—
  • Volatility (3Y)—
  • Sharpe Ratio (3Y)—
  • Beta (3Y)—
  • 52-week High / Low₹1,003.23 / ₹1,000.27
  • Max Drawdown-0.2 %
  • Launched9 Sep 2026
  • Lock-in—
  • Portfolio Turnover—
  • Fund Managers—

Performance chart

Past performance may or may not be sustained in future.

Quick take

  • Its biggest fall from a peak was 0.2% (24 Sep 2026 to 27 Sep 2026).

Pros

No standout strengths in its record so far.

Cons

  • Short track record: launched 9 Sep 2026, so 3- and 5-year figures are not available yet.

Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language.

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund+0.10%+0.19%—————————+0.29%
Category average+0.41%+2.55%+5.21%+6.01%+8.03%
Rank in category
Quartile
Best in category+0.45%+2.78%+5.50%+6.17%+67.64%
Worst in category+0.39%+2.42%+4.94%+5.79%+5.55%

Point-to-point NAV returns as on 18 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Overnight Funds, returns as on 17 Oct 2026. Q1 = top quarter by return over that period.

Month-by-month returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDecYear
20260.3

Change in NAV from the last business day of one month to the last business day of the next. Positive in 1 of 1 months shown (100%). "Year" is shown for complete calendar years.

What your investment would be worth

Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.

Compare with all Overnight Funds (40)

S.No.Scheme (Direct plans, Growth)6M %1Y %3Y % CAGR5Y % CAGRExpense ratio %Fund size ₹ Cr
1.BANK OF INDIA OVERNIGHT FUNDBank of India Mutual Fund2.785.506.175.870.0988
2.Axis Overnight FundAxis Mutual Fund2.575.276.065.780.0910,855
3.Bajaj Finserv Overnight FundBajaj Finserv Mutual Fund2.605.326.06—0.11792
4.quant Overnight Fundquant Mutual Fund2.475.016.06—0.1954
5.Tata Overnight FundTata Mutual Fund2.585.276.065.770.095,556
6.Nippon India Overnight FundNippon India Mutual Fund2.575.256.055.770.106,791
7.Baroda BNP Paribas Overnight FundBaroda BNP Paribas Mutual Fund2.585.266.045.760.05657
8.Kotak Overnight FundKotak Mahindra Mutual Fund2.565.256.045.760.097,935
9.Mirae Asset Overnight FundMirae Asset Mutual Fund2.565.246.045.770.091,527
10.ADITYA BIRLA SUN LIFE OVERNIGHT FUNDAditya Birla Sun Life Mutual Fund2.565.236.035.750.0911,387
11.BANDHAN Overnight FundBandhan Mutual Fund2.565.246.035.750.071,213
12.DSP Overnight FundDSP Mutual Fund2.565.246.035.760.113,194
13.Franklin India Overnight FundFranklin Templeton Mutual Fund2.585.306.035.730.07874
14.HSBC Overnight FundHSBC Mutual Fund2.565.246.035.760.074,805
15.Invesco India Overnight FundInvesco Mutual Fund2.575.246.035.750.08485
16.LIC MF Overnight FundLIC Mutual Fund2.585.266.035.760.101,218
17.Union Overnight FundUnion Mutual Fund2.575.246.035.750.14657
18.UTI - Overnight FundUTI Mutual Fund2.575.256.035.750.098,999
19.ICICI Prudential Overnight FundICICI Prudential Mutual Fund2.565.246.0267.640.0912,280
20.Mahindra Manulife Overnight FundMahindra Manulife Mutual Fund2.575.256.025.750.1073
21.Sundaram Overnight FundSundaram Mutual Fund2.565.206.015.730.081,927
22.SBI OVERNIGHT FUNDSBI Mutual Fund2.555.206.005.720.0925,553
23.Edelweiss Overnight FundEdelweiss Mutual Fund2.575.225.995.700.11165
24.HDFC Overnight FundHDFC Mutual Fund2.545.205.985.700.1110,342
25.PGIM India Overnight FundPGIM India Mutual Fund2.505.115.975.720.1896
26.NJ Overnight FundNJ Mutual Fund2.555.175.96—0.08398
27.TRUSTMF Overnight FundTrust Mutual Fund2.535.125.96—0.1174
28.Canara Robeco Overnight FundCanara Robeco Mutual Fund2.565.195.955.690.08623
29.Groww Overnight FundGroww Mutual Fund2.515.145.955.620.1663
30.JM Overnight FundJM Financial Mutual Fund2.485.075.925.680.1283
31.ITI Overnight FundITI Mutual Fund2.424.965.795.550.1712
32.Samco Overnight FundSamco Mutual Fund2.434.945.79—0.2332
33.360 ONE Overnight Fund360 ONE Mutual Fund2.575.29————
34.Choice Overnight FundChoice Mutual Fund——————
35.Helios Overnight FundHelios Mutual Fund2.535.11——0.17297
36.JioBlackRock Overnight FundJio BlackRock Mutual Fund2.575.25————
37.LAKSHYA OVERNIGHT FUNDLakshya Mutual Fund——————
38.Monarch Overnight FundMonarch Mutual Fund——————
39.Shriram Overnight FundShriram Mutual Fund——————
40.Zerodha Overnight FundZerodha Mutual Fund2.515.11————
Median: 40 schemes2.565.246.035.750.09792

Detailed comparison with another fund About Overnight Funds

Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.

Scheme details

Fund house
Monarch Mutual Fund
Category
Overnight Funds · Debt
Plan / option
Direct · IDCW (income distribution)
AMFI scheme code
154705
ISIN
INF2ZSC01085, INF2ZSC01069
Exit load & portfolio
See the scheme's KIM and monthly factsheet on the fund house website.

About Overnight Funds

Overnight Funds invest in securities that mature the next day. They carry very low interest-rate and credit risk.

Generally used by parking money for a few days with very low risk.

Other plans of this scheme

Tax on your gains

Likely tax treatment: Debt-oriented fund ("specified mutual fund")

  • Units bought on or after 1 April 2023: gains are added to your income and taxed at your slab rate, however long you hold them.
  • No long-term rate or indexation benefit for these units.
  • Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
  • Switching from one scheme or plan to another counts as selling and buying.
  • Surcharge and 4% health and education cess apply on top of these rates.
Fund typeShort-termLong-term
Equity-oriented20% (up to 12 months)12.5% above ₹1.25 lakh
Debt-oriented (bought from Apr 2023)Slab rateSlab rate
Gold, international, other hybridSlab rate12.5% (after 12 or 24 months)

Exit load, if any, is set out in the scheme's KIM. Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.

Questions about this scheme

What is the NAV of Monarch Overnight Fund today?
The latest NAV of Monarch Overnight Fund - Direct Plan - Monthly IDCW is ₹1,003.23 as on 18 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has Monarch Overnight Fund given?
Return figures are shown on this page once enough NAV history is available.
What is the expense ratio of Monarch Overnight Fund?
See the scheme's latest factsheet on the fund house website for its expense ratio.
How risky is this fund?
Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Overnight Funds?
Overnight Funds invest in securities that mature the next day. They carry very low interest-rate and credit risk.
How are gains from Monarch Overnight Fund taxed?
It is taxed as a debt-oriented fund: for units bought on or after 1 April 2023, gains are taxed at your income-tax slab rate however long you hold them.
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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