ICICI Prudential Overnight fund - Direct Plan - Unclaimed IDCW Stable Scheme

ICICI Prudential Overnight fund - Direct Plan - Unclaimed IDCW Stable Scheme is a debt fund. This fund was started on 1 December, 2021. The fund is managed by Darshil Dedhia, Nikhil Kabra. This fund is suitable to keep your money safe.

1. ICICI Prudential Overnight fund - Direct Plan - Unclaimed IDCW Stable Scheme has ₹11491 Cr worth of assets under management (AUM) as on Jul 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

ICICI Prudential Overnight fund - Direct Plan - Unclaimed IDCW Stable Scheme has given a CAGR return of 0.00% since inception.

ICICI Prudential Overnight fund - Direct Plan - Unclaimed IDCW Stable Scheme has allocated its funds majorly in Cash Equivalent, Government. Its top holdings are 182 Days Tbill, 364 DTB 07082025, 182 Days Tbill, 91 Days Tbill (Md 28/08/2025), 182 DTB 29082025

As it is a overnight mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

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.

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. ICICI Prudential Overnight fund - Direct Plan - Unclaimed IDCW Stable Scheme has no lock in period.