• Mutual Funds
  • LIC Mutual Fund
  • LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A)

Formerly LIC MF Overnight Reg Pd DP

LIC Mutual Fund

LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A)

DebtOvernight

1087.1351

NAV (Dec 06)

3.6%
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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

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

Relative Size

474 Cr. Medium 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

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Short Term Money

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    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

1087.1351

NAV (Dec 6)

Fund Returns

Last 1Y

3.1%

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

3.6%

6 Month CAGR

1.6%

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Scheme Information

Investment Objective

The investment objective of the Scheme is to provide reasonable returns commensurate with low risk and providing a high level of liquidity,through investments made primarily in overnight securities having maturity/residual maturity of 1 business day. However,there can be no assurance that the investment objective of the scheme will be achieved.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Low Risk

Expense Ratio

0.2

Launched (2y ago)

Jul 18, 2019

AUM in Crores

473.138

ISIN

INF767K01PZ9

Lock-in

No Lock-in

Benchmark

Nifty 1D Rate Index TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

Rahul Singh

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
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comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)

Kotak Savings Fund (G)

₹ 13,499 cr

5

₹ 33,567 cr

5

₹ 11,691 cr

5

₹ 31,118 cr

5

₹ 27,296 cr

5

amc-icon

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 15,883 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 32 hybrid funds.

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  • tel-amc-about
    022-66016000
  • mail-amc-about
    cs.co@licmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    17.8%

    10.8%

    17.3%

    13.7%

    4.9%

    6.5%

    19.6%

    13.6%

    7.2%

    7.4%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    About LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A)

    About LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A)

    LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) is a Overnight Debt fund and has delivered an annualised return of 3.6% over a period of 2 years. The fund was previously known as LIC MF Overnight Reg Pd DP . The fund is managed by LIC Mutual Fund Asset Management Limited. The fund manager’s name is Rahul Singh

    LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) Investment Objective

    The investment objective of the Scheme is to provide reasonable returns commensurate with low risk and providing a high level of liquidity,through investments made primarily in overnight securities having maturity/residual maturity of 1 business day. However,there can be no assurance that the investment objective of the scheme will be achieved. . However, there is no assurance that the objective of the scheme will be realized.

    LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) NAV,AUM,Risk

    The LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) fund was launched on Jul 18, 2019. The NAV (Net Asset Value) of this Overnight Debt fund as of 2021-12-06 is ₹1087.14. The total AUM (Asset Under Management) of the fund as of 07/12/2021 is ₹473.138. The category risk of the LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) fund is Low Risk. The fund charges 0.2 % as expense ratio.

    LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) Holdings

    The fund’s highest allocation is towards Others and has invested 100% in this asset class. The top three holdings of the fund are , treps , net receivables / (payables)

    LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) Investment volatility and Horizon

    This fund 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 Nifty 1D Rate Index TR INR.

    LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) Review

    LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) has a score of 2 on a scale of 5. The fund has a score of 2 out of 5 based on historical performance. As compared to the other funds in its category, LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (PIDCW-A) has a score of 3out of 5 The credit risk of the fund is 5 out of 5 as compared to other debt funds.

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