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

Formerly LIC MF Overnight Reg Pd DR

LIC Mutual Fund

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

DebtOvernight

1091.2497

NAV (Jan 17)

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

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

Relative Size

582 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

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

No single fund can achieve what a plan can. Learn why

Historical NAV

1091.2497

NAV (Jan 17)

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.

Expense Ratio

0.2

Launched (3y ago)

Jul 18, 2019

AUM in Crores

581.191

ISIN

INF767K01QA0

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

calculator

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.

comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)
Kotak Savings Fund (G)

₹ 11,223 cr

5

₹ 28,408 cr

5

₹ 9,119 cr

5

₹ 26,625 cr

5

₹ 23,456 cr

5

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About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 16,074 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.

amc-img

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

    19.9%

    11.1%

    19.1%

    14.1%

    4.6%

    6.5%

    22%

    14.8%

    6.8%

    7.3%

    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

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

    LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-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 DR. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund manager’s name is Rahul Singh.

    Nav of LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-A) as of 17/01/2022 is ₹1091.25 with the total AUM as of 18/01/2022 is ₹581.191. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-A) was launched on Jul 18, 2019. The category risk of the fund is Low Risk.

    The minimum SIP amount for LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-A) 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.

    LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-A) 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 (RIDCW-A) is rated as a 2 fund in Debt and delivered 3.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-A).

    Frequently Asked Questions

    What is LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-A)?

    How to invest in LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-A)?

    What is the minimum sip amount of LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-A)?

    Is LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-A) good to invest in?

    What is the expense ratio of the LIC MF Overnight Fund Periodic of Income Dis cum Cap Wrdl (RIDCW-A)?