ICICI Prudential Overnight Fund Direct Growth
Get the latest NAV of ICICI Prudential Overnight Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1394.96
NAV as on 28 Jun 2025
5.16%/per year
Since Inception
▲▼
409 people have invested ₹ 19.8Cr in ICICI Prudential Overnight Fund Direct Growth in the last three months
Fund Performance
as on (28-Jun-25)
Peer comparison
ICICI Prudential Overnight Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
ICICI Prudential Overnight Fund Asset Allocation
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Debt & Cash 100%
ICICI Prudential Overnight Fund Sector Allocation
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Debt & Cash 100%
ICICI Prudential Overnight Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.1% |
Benchmark | CRISIL Liquid Overnight TR INR |
| AUM | ₹8627 Cr |
| Inception Date | 15 November, 2018 |
| Min Lumpsum/SIP | ₹100/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 157.58% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low Risk |
About ICICI Prudential Overnight Fund
ICICI Prudential Overnight Fund Direct Growth is a debt fund. This fund was started on 15 November, 2018. The fund is managed by Nikhil Kabra. This fund is suitable to keep your money safe.
Key Parameters
- ICICI Prudential Overnight Fund Direct Growth has ₹8627 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
ICICI Prudential Overnight Fund Direct Growth has given a CAGR return of 5.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.39%, 6.43% and 5.16% respectively.
Holdings
ICICI Prudential Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are 182 DTB 12062025, 91 Days Tbill Red 19-06-2025, 182 DTB 05062025, 91 Days Tbill Red 05-06-2025
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: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.
Investment objective of ICICI Prudential Overnight Fund Direct Growth
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 100.00 and for SIP is INR 500.00. ICICI Prudential Overnight Fund Direct Growth has no lock in period.
Fund Manager
Nikhil Kabra
Fund Manager of ICICI Prudential Overnight Fund Direct Growth, since 13 September 2024
- AUM of the fund stands at 8.6K Cr as of May'25
- AUM decreased by 4.1K Cr between May'25 and Apr'25
More funds from ICICI
5Y CAGR
▲ 8.34
Frequently Asked Questions for ICICI Prudential Overnight Fund Direct Growth
How do I invest in ICICI Prudential Overnight Fund?
- Download the INDmoney app.
- Search for ‘ICICI Prudential Overnight Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.