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.
₹1385.23
NAV as on 12 May 2025
5.15%/per year
Since Inception
▲▼
357 people have invested ₹ 12.7Cr in ICICI Prudential Overnight Fund Direct Growth in the last three months
Fund Performance
as on (12-May-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
as on (31-Dec-69)
Fund Distribution
as on (31-Dec-69)
Debt & Cash 100%
ICICI Prudential Overnight Fund Sector Allocation
as on (31-Dec-69)
Sector Allocation
Debt & Cash 100%
ICICI Prudential Overnight Fund Holdings Details
as on (30-Apr-25)
Debt & Cash
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 | ₹12720 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 ₹12720 Cr worth of assets under management (AUM) as on Dec 1969 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 5.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.54%, 6.37% and 5.09% respectively.
Holdings
ICICI Prudential Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are 91 Days Tbill Red 24-04-2025, 364 DTB 18042025, 91 Days Tbill, 91 DTB 17042025, 364 Days Tbill (Md 08/05/2025)
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 7.7K Cr as of Mar'25
- AUM decreased by 2.4K Cr between Mar'25 and Feb'25
Frequently Asked Questions for ICICI Prudential Overnight Fund Direct Growth
What is the current NAV of ICICI Prudential Overnight Fund Direct Growth?
What are the average returns of ICICI Prudential Overnight Fund Direct Growth?
ICICI Prudential Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 3.16% | 3.16% |
1 Year Returns | 6.54% | 6.54% |
3 Years Returns | 20.36% | 6.37% |
How do I invest in ICICI Prudential Overnight Fund Direct Growth?
- 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.
What is the expense ratio of ICICI Prudential Overnight Fund Direct Growth?
What is net assets under management (AUM) of ICICI Prudential Overnight Fund Direct Growth?
What are the top 5 holdings of ICICI Prudential Overnight Fund Direct Growth?
What is the yield to maturity ratio of ICICI Prudential Overnight Fund Direct Growth?
What is the modified duration of ICICI Prudential Overnight Fund Direct Growth?
What is the credit rating breakup of ICICI Prudential Overnight Fund Direct Growth?
AAA | 100 |