ICICI Prudential Overnight Fund

ICICI Prudential Overnight Fund

Debt

ICICI Mutual Fund

Overnight

Get the latest NAV of ICICI Prudential Overnight Fund. 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.

₹1449.13

NAV as on 21 Mar 2026

5.18%/per year

Since Inception

Absolute Gain%

▲▼

1246 people have invested ₹ 8.5Cr in ICICI Prudential Overnight Fund in the last three months

ICICI Prudential Overnight Fund Performance vs. Overnight Index

Fund returns vs Benchmark returns vs Category Average returns as on (21-Mar-26)

The fund has consistently outperformed the benchmark (Overnight Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.38%
1.25%
2.61%
5.51%
6.3%
5.5%
Overnight Index
0.34%
1.21%
2.46%
5.5%
5.58%
4.95%
Overnight Avg
--
--
--
--
--
--
Best in Overnight
0.39%
1.29%
2.66%
5.59%
6.48%
5.6%
Worst in Overnight
0.36%
1.18%
2.47%
5.24%
6.09%
5.34%
Category Rank
6/17
11/15
15/16
7/16
12/14
--

ICICI Prudential Overnight Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

4
/17
59% Performance
38% Risk Management
40% Cost

Ranked 4 out of 17 mutual funds in the overnight category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
ICICI Prudential Overnight Fund
4/17
11,395Cr
0.08%
5.51%
6.3%
-0.18
0.38
-8.89
-3.25
-0.92
Bajaj Finserv Overnight Fund
1/17
1,257Cr
0.08%
5.56%
-
--
--
--
--
--
Nippon India Overnight Fund
2/17
6,730Cr
0.08%
5.53%
6.34%
-0.09
0.61
-14.16
-3.37
0.30
DSP Overnight Fund
3/17
3,140Cr
0.06%
5.51%
6.32%
-0.17
0.34
-6.83
-3.12
-0.25
See all

ICICI Prudential Overnight Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

ICICI Prudential Overnight Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
100%

ICICI Prudential Overnight Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Cash Equivalent
100%

ICICI Prudential Overnight Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.08%
Benchmark
CRISIL Liquid Overnight TR INR
AUM₹11395 Cr
Inception Date15 November, 2018
Min Lumpsum/SIP₹100/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
1053.41%
Risk
Risk meter
pointer
Low Risk

About ICICI Prudential Overnight Fund

ICICI Prudential Overnight Fund is a debt fund. This fund was started on 15 November, 2018. The fund is managed by Nikhil Kabra, Darshil Dedhia. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Overnight Fund has ₹11395 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.1.

Returns

ICICI Prudential Overnight Fund has given a CAGR return of 5.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.51%, 6.30% and 5.50% respectively.

Holdings

ICICI Prudential Overnight Fund has allocated its funds majorly in Cash Equivalent. Its top holdings are 26/03/2026 Maturing 182 DTB, Tbill, 27/03/2026 Maturing 91 DTB, 19/03/2026 Maturing 364 DTB

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

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 has no lock in period.

Fund Manager

Nikhil Kabra

Fund Manager of ICICI Prudential Overnight Fund, since 13 September 2024

Darshil Dedhia

Fund Manager of ICICI Prudential Overnight Fund, since 12 June 2023

Learn more about ICICI Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 11.4K Cr
₹ 13.3K Cr
₹ 10.4K Cr
  • AUM of the fund stands at 11.4K Cr as of Feb'26
  • AUM decreased by 1.9K Cr between Feb'26 and Jan'26

Frequently Asked Questions for ICICI Prudential Overnight Fund

How do I invest in ICICI Prudential Overnight Fund?

INDmoney makes it simple to invest in the ICICI Prudential Overnight Fund. To do so, follow the steps below:
  • 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.

What is the current NAV of ICICI Prudential Overnight Fund?

The NAV of the fund today is ₹1449.13. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

ICICI Prudential Overnight Fund fund has generated a return of 5.51% in 1 year, 6.30% in 3 years, 5.50% in 5 years.

Who is the fund manager of ICICI Prudential Overnight Fund?

The fund managers are Nikhil Kabra, Darshil Dedhia.

What is the expense ratio of the fund?

The expense ratio is 0.08%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹11395 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of ICICI Prudential Overnight Fund?

The top 3 holdings of the fund are 26/03/2026 Maturing 182 DTB(1.49%), Tbill(0.63%), 27/03/2026 Maturing 91 DTB(0.63%)