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

Formerly ICICI Prudential Overnight Reg Gr

ICICI Mutual Fund

ICICI Prudential Overnight Fund (Growth)

DebtOvernight
Top Ranked

1303.5631

NAV (Jun 23)

5.3%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within 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 ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

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

1303.5631

NAV (Jun 23)

Fund Returns

Last 1Y
6.8%
Last 3Y
5.3%
Last 5Y
4.7%
Last 10Y
NA
Since Inception
4.8%
6 Month CAGR
3.3%

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
0.18
Launched (6y ago)
Nov 15, 2018
AUM in Crores
10166.118
ISIN
INF109KC17E3
Lock-in
No Lock-in
Benchmark
CRISIL Liquid Overnight TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.4
Standard Deviation (5yr)
0.4
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-9.701
Sharpe Ratio (5yr)
-5.059
YTM
6.69
Fund Managers

Nikhil Kabra

Fund Manager

Rohan Maru

Fund Manager

Darshil Dedhia

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
ICICI Prudential Overnight Fund (Growth)70%8,19,921 87,3094.7%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2024-06-23

Top Debt Holdings

reverse repo

88.9%
88.9%

treps

6%
6%

india (republic of)

1.5%
1.5%

6.69% govt stock 2024

1.2%
1.2%

india (republic of)

1%
1%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,017 cr

₹ 10,612 cr

₹ 47,907 cr

₹ 14,537 cr

₹ 15,157 cr

amc-img

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 751,548 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 163 equity,554 debt and 65 hybrid funds.amc-img
phone-img022-26525000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

7.1%

9%

15.8%

20.8%

15.5%

25.1%

20.7%

0.2%

11.7%

ICICI Prudential Overnight Fund (G) Review

ICICI Prudential Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4.8% over a period of 5 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 Darshil Dedhia, Nikhil Kabra, Rohan Maru.

Nav of ICICI Prudential Overnight Fund (G) as of 6/23/2024 is ₹1303.56 with the total AUM as of 6/24/2024 is ₹10166.118. 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 Liquid Overnight TR INR.

ICICI Prudential Overnight Fund (G) is rated as a 4 fund in Debt and delivered 6.8% 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 instruments 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 Top Ranked 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 0.18% for regular plan.