• Mutual Funds
  • ICICI Mutual Fund
  • ICICI Prudential Overnight Fund (Growth)

Formerly ICICI Prudential Overnight Reg Gr

ICICI Mutual Fund

ICICI Prudential Overnight Fund (Growth)

DebtOvernight

115.2489

NAV (Jun 24)

4%
Till Date CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in overnight mutual funds.

However, Scripbox does not recommend investing in overnight mutual funds.

Overnight Funds invest in securities with a maturity of 1 day.

These investments have very low interest rate risk; however this also reduces return.

The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.

Our analysis of this fundLearn how we rate funds ->

Track Record

4 Years. The Fund has a Short history for analysis. We recommend funds with longer history.

Relative Size

17,204 Cr. Large within the category

Impact of Interest Rate Changes

Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

Scripbox Recommended Overnight Funds

Want the most stable overnight funds for your portfolio?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

115.2489

NAV (Jun 24)

Fund Returns

Last 1Y

3.4%

Last 3Y

3.6%

Last 5Y

NA

Last 10Y

NA

Since Inception

4%

6 Month CAGR

1.8%

Scheme Information

Investment Objective

The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity,through investments made primarily in overnight securities having maturity of 1 business day.

Expense Ratio

0.19

Launched (4y ago)

Nov 15, 2018

AUM in Crores

17203.395

ISIN

INF109KC1OA1

Lock-in

No Lock-in

Benchmark

CRISIL Overnight Index TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Rahul Goswami

Fund Manager

Rohan Maru

Fund Manager

Nikhil Kabra

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-06-24

Top Debt Holdings

reverse repo

79%
79%

treps

16.7%
16.7%

91 Days Treasury Bill 07-07-2022

1.5%
1.5%

91 Days Treasury Bill 16-06-2022

1.2%
1.2%

india (republic of)

0.9%
0.9%
See all holdings

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,308 cr

5

₹ 14,441 cr

5

₹ 18,739 cr

5

₹ 12,059 cr

5

₹ 44,308 cr

5

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 490,454 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,526 debt and 68 hybrid funds.

amc-img

  • 022-26525000
  • enquiry@icicipruamc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.1%

    7.2%

    13.7%

    15%

    6.4%

    6.9%

    5%

    5.9%

    6.4%

    7.5%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    ICICI Prudential Overnight Fund (G) Review

    ICICI Prudential Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4% over a period of 3 years. The fund was previously known as ICICI Prudential Overnight Reg Gr. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Nikhil Kabra, Rahul Goswami, Rohan Maru.

    Nav of ICICI Prudential Overnight Fund (G) as of 6/24/2022 is ₹115.25 with the total AUM as of 6/25/2022 is ₹17203.395. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Overnight Fund (G) was launched on Nov 15, 2018. The category risk of the fund is Low Risk.

    The minimum SIP amount for ICICI Prudential Overnight Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    ICICI Prudential Overnight Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Overnight Index TR INR.

    ICICI Prudential Overnight Fund (G) is rated as a 3 fund in Debt and delivered 3.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Overnight Fund (G).

    Frequently Asked Questions

    What is ICICI Prudential Overnight Fund (G)?

    ICICI Prudential Overnight Fund (G) is a Overnight Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in ICICI Prudential Overnight Fund (G)?

    You can invest in ICICI Prudential Overnight Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of ICICI Prudential Overnight Fund (G)?

    The minimum sip amount for ICICI Prudential Overnight Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is ICICI Prudential Overnight Fund (G) good to invest in?

    As per Scripbox experts, ICICI Prudential Overnight Fund (G) is a Neutral fund. You can investICICI Prudential Overnight Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the ICICI Prudential Overnight Fund (G)?

    The expense ratio of the ICICI Prudential Overnight Fund (G) is 0.19% for regular plan.