ICICI Prudential Overnight Fund

Q: What are the returns of this mutual fund scheme?

The ICICI Prudential Overnight Fund is a 7 yrs 2 m old fund and has delivered average annual returns of 5.09% since inception. ICICI Prudential Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 5.6% 6.3% 5.37% 5.09%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹1431.4724+0.01% 1 day change	5.09% p.a.	App exclusive #NA View Ranked Funds	₹10,445 Cr

Historical NAV & returns

NAV: ₹1431.4724 as on Feb 02, 2026

This fund Category average

ICICI Prudential Overnight Fund overview

AUM (Fund size)	₹10,445 Cr
Exit load	0%
Lock-in Period	Nil
Age	7 yrs 2 m since Nov 14, 2018
Benchmark	CRISIL Liquid Overnight Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.15% as on Feb 02, 2026
Plan type	Regular
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

ICICI Prudential Overnight Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	0.43%	0.42%
3 Months	1.3%	1.18%
6 Months	2.66%	2.54%
1 Year	5.6%	5.46%
2 Years	6.12%	6.03%
3 Years	6.3%	6.23%
4 Years	5.94%	5.89%
5 Years	5.37%	5.33%
7 Years	5.05%	5.06%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Cash & Call Money 94.17419397%

SOV 5.82580599%

Top Debt Holdings

Reserve Bank of India 5.84%

Allocation by Instruments

Reverse Repo 92.11294077%

Treasury Bills 5.82580599%

Repo 1.78385818%

Net Current Assets 0.27739502%

Other Holdings

Others 0.28%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Overnight Fund	0.43%	2.66%	5.6%	6.3%	5.37%	N.A.
Mirae Asset Overnight Fund	0.43%	2.67%	5.61%	6.31%	5.4%	3.14%
PGIM India Overnight Fund	0.42%	2.65%	5.59%	6.29%	5.39%	3.21%
Edelweiss Overnight Fund	0.43%	2.65%	5.57%	6.27%	5.35%	3.25%
UTI Overnight Fund	0.43%	2.67%	5.63%	6.32%	5.4%	5.54%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Overnight Fund	0.16	0.11	-0.13	-0.28
Mirae Asset Overnight Fund	0.16	0.11	-0.09	-0.19
PGIM India Overnight Fund	0.16	0.12	-0.17	-0.37
Edelweiss Overnight Fund	0.16	0.11	-0.32	-0.69
UTI Overnight Fund	0.15	0.11	0.02	0.04

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential Overnight Fund	N.A.	10,445 Cr	7 yrs 2 m	0.15%
Mirae Asset Overnight Fund	N.A.	1,262 Cr	6 yrs 3 m	0.17%
PGIM India Overnight Fund	N.A.	38 Cr	6 yrs 5 m	0.19%
Edelweiss Overnight Fund	N.A.	146 Cr	6 yrs 6 m	0.16%
UTI Overnight Fund	N.A.	3,760 Cr	22 yrs 2 m	0.11%

View all Overnight funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.19 vs. 1.51 Underperformed at beating benchmark
Sharpe	-0.13 vs. 1.7 Poor risk-adjusted returns
Beta	0.11 vs. -0.15 More sensitive to market's ups & downs
Standard deviation	0.16 vs. 0.12 More volatile performance

Compare ICICI Prudential Overnight Fund in detail with

About this fund

About ICICI Prudential Overnight Fund

ICICI Prudential Overnight Fund is a Overnight mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 7 yrs 2 m, having been launched on 14/11/2018. ICICI Prudential Overnight Fund has ₹10,445 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential Overnight Fund as of 02/02/2026 is ₹1431.47. The fund has an expense ratio of 0.15%, which is close to what most other Overnight funds charge.

ICICI Prudential Overnight Fund returns of last 1-year are 5.62%. Since launch, it has delivered 5.09% average annual returns.
ICICI Prudential Overnight Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very low indicating it has lent to borrowers whose quality is poor. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Reserve Bank of India.

...

Fund AUM	10,445 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Nikhil Kabra

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

Darshil Dedhia

Mr. Dedhia has done CA and CFA. He has been working with ICICI Prudential Mutual Fund since 2013.

Investment objective

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.

ICICI Prudential Mutual Fund details

No. of schemes	104 view all schemes
Total AUM	11,30,333 Cr as on Dec 31, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
ICICI Prudential Income Plus Arbitrage Omni FoF	N.A.	2,473 Cr	6.53%	10.94%
ICICI Prudential Credit Risk Fund	N.A.	5,920 Cr	8.96%	8.42%
ICICI Prudential Nifty G-Sec Dec 2030 Index Fund	N.A.	878 Cr	7.1%	7.84%
ICICI Prudential Medium Term Bond Fund	N.A.	5,708 Cr	8.1%	7.84%
ICICI Prudential Nifty SDL Dec 2028 Index Fund	N.A.	860 Cr	7.37%	7.82%
ICICI Prudential Floating Interest Fund	N.A.	7,282 Cr	7.35%	7.76%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Overnight Fund?

The current Net Asset Value (NAV) of the ICICI Prudential Overnight Fund plan is approximately ₹1431.4724 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The ICICI Prudential Overnight Fund is a 7 yrs 2 m old fund and has delivered average annual returns of 5.09% since inception.

ICICI Prudential Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.6%	6.3%	5.37%	5.09%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Overnight Fund has an expense ratio of 0.15%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The ICICI Prudential Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 10,445 Cr as on Dec 31, 2025.

To whom does ICICI Prudential Overnight Fund lend to?

The top 3 debt holdings of ICICI Prudential Overnight Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	5.84%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The ICICI Prudential Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	94.17419397%
SOV	5.82580599%

What is risk level of ICICI Prudential Overnight Fund?

This is a Overnight fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in ICICI Prudential Overnight Fund?

Redeeming your investments in the ICICI Prudential Overnight Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Overnight

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Overnight funds in the last 5 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.