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ICICI Prudential Overnight Fund - Direct Plan - Growth

ICICI Prudential · Overnight
Low
₹1468.91
Current NAV
25 Jun 2026
11.1%
1Y Return
11.1%
3Y CAGR
12.1%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.31%.
  • Generates significant excess returns relative to benchmark index (Alpha: 5.71).
  • Well-diversified portfolio aligned with the Overnight mandate.
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
0.71
Sharpe Ratio
1.51
Beta
5.71
Alpha
0.93
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Fund Details
Fund House ICICI Prudential
Category Overnight
AUM ₹9260 Cr
Expense Ratio 0.31%
Min SIP ₹500
Min Lumpsum ₹1000
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