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ICICI Prudential Overnight Fund - Direct Plan - Annual IDCW

ICICI Prudential · Overnight
Low
₹1033.57
Current NAV
16 Sep 2022
31.7%
1Y Return
10.7%
3Y CAGR
21.7%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Highly cost-efficient with a low expense ratio of 0.57%.
  • Generates significant excess returns relative to benchmark index (Alpha: 4.17).
  • Very large asset base (AUM: ₹16,720 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
0.67
Sharpe Ratio
1.17
Beta
4.17
Alpha
0.85
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Fund Details
Fund House ICICI Prudential
Category Overnight
AUM ₹16720 Cr
Expense Ratio 0.57%
Min SIP ₹500
Min Lumpsum ₹1000
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