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2 star

ICICI Prudential Overnight Fund download report


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
ICICI Pru Overnight Fund-G 2.43 0.01 0.10 0.41 1.14 1.99 3.62 3.54 -- -- --
CCIL T Bill Liquidity Weight 1.24 -0.04 0.05 0.21 0.72 0.97 1.98 2.58 -- -- --
Debt: Overnight 2.44 0.01 0.10 0.41 1.14 1.99 3.64 3.56 -- -- --
Rank within category 18 22 16 17 18 16 21 16 -- -- --
Number of funds in category 29 31 31 30 30 30 29 22 3 3 3

As on 17-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Overnight Fund  | Invest Now
2 star
Nov-18 3.62 3.54 -- 0.19 14,968
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.70 3.62 -- 0.10 10,814
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.67 3.60 4.34 0.12 8,681
Baroda BNP Paribas Overnight Fund - Regular Plan
4 star
Apr-19 3.66 3.62 -- 0.14 883
Mirae Asset Overnight Fund - Regular Plan  | Invest Online
5 star
Oct-19 3.68 -- -- 0.21 569

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.15 01-Mar-2019 - 10-Mar-2019 0.02 26-Mar-2020 - 02-Apr-2020
Month 0.54 01-Mar-2019 - 02-Apr-2019 0.17 23-Mar-2020 - 22-Apr-2020
Quarter 1.58 22-Nov-2018 - 22-Feb-2019 0.65 23-Mar-2020 - 22-Jun-2020
Year 5.82 16-Nov-2018 - 17-Nov-2019 2.85 23-Mar-2020 - 23-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
ICICI Pru Overnight Fund-G 3.49 0.23 0.00 -0.02 0.24 0.21
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Overnight 3.51 0.23 0.09 0.41 0.25 0.25
Rank within category 16 15 16 16 7 16
Number of funds in category 22 22 22 22 22 22

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 5 5 1 2
Modified Duration (yrs) 0.00 0.01 0.00 --
Average Maturity (yrs) 0.00 0.01 0.00 --
Yield to Maturity (%) 5.12 5.12 3.11 5.03
Avg Credit Rating -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 182-D 04/08/2022 Treasury Bills SOV 0.00 - 1.00 1.00
new Reserve Bank of India 91-D 25/08/2022 Treasury Bills SOV 0.00 - 0.73 0.73
new Reserve Bank of India 91-D 11/08/2022 Treasury Bills SOV 0.00 - 0.67 0.67
new Reserve Bank of India 182-D 11/08/2022 Treasury Bills SOV 0.00 - 0.67 0.67
new Reserve Bank of India 91-D 18/08/2022 Treasury Bills SOV 0.00 - 0.13 0.13

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2022

Fund Manager

— Nikhil Kabra since 14-Nov-2018

Education: Mr. Kabra is a B.Com and Chartered Accountant.

Experience: Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.

Funds Managed:

— Rahul Goswami since 14-Nov-2018

Education: Mr. Goswami is a B. Sc (Mathematics and MBA (Finance)

Experience: Prior to joining ICICI Prudential AMC he has worked with UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.

Funds Managed:

— Rohan Maru since 14-Nov-2018

Education: Mr. Maru is M.Com and MBA in Finance.

Experience: Prior to joining ICICI Prudential Mutual Fund, he has worked with Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.

Funds Managed:


900.14%

Change from previous, NAV as on 17-Aug-2022

Growth: ₹ 1,160.5835

IDCW Yearly: ₹ 1,028.5078

More

IDCW Weekly: ₹ 1,000.1378

IDCW Quarterly: ₹ 1,011.3850

IDCW Monthly: ₹ 1,002.5352

IDCW Half Yearly: ₹ 1,011.2806

IDCW Fortnightly: ₹ 1,000.6972

IDCW Daily: ₹ 1,000.0050


Investment Strategy

The Scheme seeks 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.

Investment Details

Min. Investment (₹) 100
Min. Addl Investment (₹) 1
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 15-Nov-2018
Return Since Launch: 4.04%
Benchmark: CRISIL Overnight Fund AI Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 14,968 Cr (As on 31-Jul-2022)
Expense Ratio: 0.19% (As on 30-Jun-2022)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily16-Aug-20220.1354

 12-Aug-20220.0559
 11-Aug-20220.0139
 10-Aug-20220.0136
 09-Aug-20220.0135
 08-Aug-20220.0135
 07-Aug-20220.0134
 06-Aug-20220.0269
 04-Aug-20220.0135
 03-Aug-20220.0119
 02-Aug-20220.0121
 01-Aug-20220.0119
 31-Jul-20220.0125
 30-Jul-20220.0266
 28-Jul-20220.0133
 27-Jul-20220.0137
 26-Jul-20220.0135
 25-Jul-20220.0136
 24-Jul-20220.0134
 23-Jul-20220.0273
 21-Jul-20220.0136
 20-Jul-20220.0132
 19-Jul-20220.0127
 18-Jul-20220.0126
 17-Jul-20220.0124
IDCW Weekly16-Aug-20221.1050

 08-Aug-20220.0898
 01-Aug-20220.0931
 25-Jul-20220.0928
 18-Jul-20220.0878
 11-Jul-20220.0868
 04-Jul-20220.0886
 27-Jun-20220.0870
 20-Jun-20220.0848
 13-Jun-20220.0821
 06-Jun-20220.0747
 30-May-20220.0760
 23-May-20220.0757
 16-May-20220.0748
 09-May-20220.0732
 02-May-20220.0704
 25-Apr-20220.0669
 18-Apr-20220.0665
 11-Apr-20220.0624
 04-Apr-20220.0651
 28-Mar-20220.0620
 21-Mar-20220.0637
 14-Mar-20220.0624
 07-Mar-20220.0608
 28-Feb-20220.0609
IDCW Fortnightly12-Aug-20220.1834

 29-Jul-20220.1849
 15-Jul-20220.1882
 30-Jun-20220.1853
 15-Jun-20220.1807
 30-May-20220.1840
 13-May-20220.1465
 29-Apr-20220.1544
 13-Apr-20220.1288
 30-Mar-20220.1349
 15-Mar-20220.1318
 28-Feb-20220.1136
 15-Feb-20220.1570
 28-Jan-20220.1414
 14-Jan-20220.1299
 30-Dec-20210.1371
 15-Dec-20210.1281
 30-Nov-20210.1335
 15-Nov-20210.1464
 29-Oct-20210.1279
 14-Oct-20210.1134
 30-Sep-20210.1274
 15-Sep-20210.1264
 30-Aug-20210.1360
 13-Aug-20210.1114
IDCW Monthly29-Jul-20220.3733

 30-Jun-20220.3555
 31-May-20220.3417
 29-Apr-20220.2733
 31-Mar-20220.2767
 28-Feb-20220.2445
 31-Jan-20220.2887
 31-Dec-20210.2744
 30-Nov-20210.2802
 29-Oct-20210.2414
 30-Sep-20210.2466
 31-Aug-20210.2556
 30-Jul-20210.2488
 30-Jun-20210.2513
 31-May-20210.2653
 30-Apr-20210.2472
 31-Mar-20210.2859
 25-Feb-20210.2138
 28-Jan-20210.2319
 30-Dec-20200.2697
 26-Nov-20200.2103
 28-Oct-20200.2357
 29-Sep-20200.2672
 27-Aug-20200.2336
 29-Jul-20200.2412
IDCW Half Yearly18-May-20221.6865

 17-Nov-20211.5360
 17-May-20211.4993
 12-Nov-20201.3900
 22-May-20200.1948
IDCW Quarterly17-May-20220.8647

 14-Feb-20220.8211
 15-Nov-20210.7965
 11-Aug-20210.7702
 11-May-20210.7254
 11-Feb-20210.7144
 12-Nov-20200.6975
 17-Aug-20200.6854
 22-May-20200.9063
 13-Feb-20200.8441
 13-Nov-20190.8969
 13-Aug-20191.0151
 13-May-20190.7081
IDCW Yearly15-Nov-20213.0417

 12-Nov-20203.5058
 13-Nov-20191.0975

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Fax: 022-26528100

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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