Home› Funds› ICICI Prudential Overnight Fund - Direct Plan - Qu

ICICI Prudential Overnight Fund - Direct Plan - Quarterly IDCW

ICICI Prudential · Overnight
Low
₹1005.96
Current NAV
16 Sep 2022
901.1%
1Y Return
21.4%
3Y CAGR
11.4%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Highly cost-efficient with a low expense ratio of 0.44%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.74).
  • Generates significant excess returns relative to benchmark index (Alpha: 3.24).
  • Very large asset base (AUM: ₹19,790 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
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
1.74
Sharpe Ratio
1.04
Beta
3.24
Alpha
1.98
Sortino
Fund Details
Fund House ICICI Prudential
Category Overnight
AUM ₹19790 Cr
Expense Ratio 0.44%
Min SIP ₹500
Min Lumpsum ₹1000
SIP Calculator Compare Funds
Similar Funds in Overnight
ICICI Prudential Overnight Fund - Annual IDCW
ICICI Prudential
₹1032.77 907.4%
ICICI Prudential Overnight Fund - Direct Plan - Annual IDCW
ICICI Prudential
₹1033.57 907.3%
ICICI Prudential Overnight Fund - Half Yearly IDCW
ICICI Prudential
₹1015.48 905.4%
ICICI Prudential Overnight Fund - Direct Plan - Half Yearly IDCW
ICICI Prudential
₹1015.78 905.3%