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

Debt
Direct
Overnight
ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme

About the Fund

ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme is a debt fund. This fund was started on 1 December, 2021. The fund is managed by Rohan Maru. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme has ₹9179 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

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

Holdings

ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme has allocated its funds majorly in Cash Equivalent, Government. Its top holdings are 91 DTB 25072024, 182 DTB 18072024, 191 DTB 19072024

Taxation

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:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme

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 and lockin period

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

Fund Performance
zero opening, trading, fund transfer fee
11 people have invested ₹ 36.3K in ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme in the last three months

Fund Overview

Expense ratio0.18%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹9179 Cr
Inception Date1 December, 2021
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
157.58%
Risk
Risk meter
pointer
Low Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
96.6%
Government
3.4%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
91 DTB 25072024
91 DTB 25072024
1.63%
0%
182 DTB 18072024
182 DTB 18072024
1.36%
0%
191 DTB 19072024
191 DTB 19072024
0.54%
0%

Rohan Maru
Rohan Maru
Fund Manager of ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme, since 30 November 2018

ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
AUM size ₹9179 Cr

AUM size ₹9179 Cr

This fund has AUM of ₹9179 Cr which is more than its category average of ₹ 2556 Cr
Expense Ratio 0.18%

Expense Ratio 0.18%

This fund has an expense ratio of 0.18% which is more than its category average expense ratio of 0.13%

Frequently Asked Questions

The current NAV of ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme is ₹1000 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.18% as on June 2024
₹9179 Cr as on June 2024
Yield to Maturity is 6.69 as on June 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.01 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Rohan Maru is the fund manager of ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme
The Exit load of ICICI Prudential Overnight fund - Direct Plan - Unclaimed Redemption Stable Scheme is 0%