HDFC Overnight Fund vs ADITYA BIRLA SUN LIFE OVERNIGHT FUND
Updated June 2026 · both Overnight funds · metrics from AMFI NAVs
In short: ADITYA BIRLA SUN LIFE OVERNIGHT FUND has the higher 3-year return (+6.21%); ADITYA BIRLA SUN LIFE OVERNIGHT FUND has the lower expense ratio (0.08%). This is analysis from past data, not a recommendation.
| Metric | HDFC Overnight Fund | ADITYA BIRLA SUN LIFE OVERNIGHT FUND |
|---|---|---|
| 1Y return | +5.30% | +5.33% |
| 3Y CAGR | +6.16% | +6.21% |
| 5Y CAGR | +5.56% | +5.61% |
| Sharpe ratio | - | - |
| Max drawdown | 0.0% | 0.0% |
| Volatility | 0.4% | 0.4% |
| Alpha | -0.23% | -0.18% |
| Expense ratio (Direct) | 0.11% | 0.08% |
| AUM | ₹12.4K Cr | ₹9.3K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
ADITYA BIRLA SUN LIFE OVERNIGHT FUND has the lower Direct-plan expense ratio (0.08%), versus 0.11% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
ADITYA BIRLA SUN LIFE OVERNIGHT FUND has the higher 3-year CAGR (+6.21%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.