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.
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 years₹ 1001.2099
NAV (Apr 22)
Last 1Y | 6.6% |
Last 3Y | 5% |
Last 5Y | 4.3% |
Last 10Y | NA |
Since Inception | 4.3% |
6 Month CAGR | 3.2% |
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 (5y ago) | Feb 01, 2019 |
AUM in Crores | 7030.248 |
ISIN | INF109KC12F1 |
Lock-in | No Lock-in |
Benchmark | CRISIL Liquid Overnight TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.5 |
Standard Deviation (5yr) | 0.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -4.265 |
Sharpe Ratio (5yr) | -4.101 |
YTM | 6.68 |
of
for
with step up of
Asset | Returns | Total Corpus | Gains | CAGR |
---|---|---|---|---|
ICICI Prudential Overnight Fund (Dividend Payout - Weekly) | 8,11,972 | 79,360 | 4.3% | |
EPF | 9,00,761 | 1,68,149 | 8.50% | |
Property | 8,67,662 | 1,35,050 | 7.00% | |
PPF | 8,69,819 | 1,37,207 | 7.10% | |
Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
Gold | 8,46,471 | 1,13,859 | 6.00% | |
Savings Bank | 8,25,950 | 93,338 | 5.00% |
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.
reverse repo
78.1%treps
17.2%india (republic of)
1.4%182 Days Treasury Bill 02-05-2024
1.1%india (republic of)
1.1%Fund Name | Fund Size | Rolling Returns |
---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
ICICI Prudential Asset Management Company Limited
Fund Name | Scripbox Opinion | Till Date CAGR | |
---|---|---|---|
5.5% | 7.1% | ||
8.6% | 15.8% | ||
22.2% | 15.3% | ||
27.1% | 20.5% | ||
0.2% | 11.7% |
ICICI Prudential Overnight Fund (D-W) is a Overnight Debt fund and has delivered an annualised return of 4.3% over a period of 5 years. 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 (D-W) as of 4/22/2024 is ₹1001.21 with the total AUM as of 4/23/2024 is ₹7030.248. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Overnight Fund (D-W) was launched on Feb 01, 2019. The category risk of the fund is Low Risk.
The minimum SIP amount for ICICI Prudential Overnight Fund (D-W) 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 (D-W) 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 (D-W) is rated as a 4 fund in Debt and delivered 6.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Overnight Fund (D-W).
What is ICICI Prudential Overnight Fund (D-W)?
How to invest in ICICI Prudential Overnight Fund (D-W)?
You can invest in ICICI Prudential Overnight Fund (D-W) 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 (D-W)?
The minimum sip amount for ICICI Prudential Overnight Fund (D-W) is ₹1000. You can invest in multiples of ₹5000.
Is ICICI Prudential Overnight Fund (D-W) good to invest in?
As per Scripbox experts, ICICI Prudential Overnight Fund (D-W) is a Top Ranked fund. You can investICICI Prudential Overnight Fund (D-W) 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 (D-W)?
The expense ratio of the ICICI Prudential Overnight Fund (D-W) is 0.18% for regular plan.