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ICICI Prudential Overnight Fund - Quarterly IDCW

ICICI Prudential · Overnight
Low
₹1004.02
Current NAV
16 Sep 2022
901.1%
1Y Return
115.4%
3Y CAGR
20.4%
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 0.84%.
  • Generates significant excess returns relative to benchmark index (Alpha: 6.64).
  • Very large asset base (AUM: ₹11,190 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
1.14
Sharpe Ratio
0.44
Beta
6.64
Alpha
1.30
Sortino
Fund Details
Fund House ICICI Prudential
Category Overnight
AUM ₹11190 Cr
Expense Ratio 0.84%
Min SIP ₹500
Min Lumpsum ₹1000
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