LIC MF Overnight Fund

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

The LIC MF Overnight Fund is a 6 yrs 4 m old fund and has delivered average annual returns of 4.94% since inception. LIC MF Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 5.81% 6.3% 5.26% 4.94%

Q: How much does this mutual fund charge as expense ratio?

The LIC MF 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.

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1362.4764+0.01% 1 day change	4.94% p.a.	App exclusive #NA View Ranked Funds	₹857 Cr

Historical NAV & returns

NAV: ₹1362.4764 as on Dec 04, 2025

This fund Category average

LIC MF Overnight Fund overview

AUM (Fund size)	₹857 Cr
Exit load	0%
Lock-in Period	Nil
Age	6 yrs 4 m since Jul 15, 2019
Benchmark	NIFTY 1D Rate Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.15% as on Nov 30, 2025
Plan type	Regular
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

LIC MF 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 Dec 01, 2025

Period	This fund	Category average
1 Month	0.41%	0.41%
3 Months	1.31%	1.29%
6 Months	2.65%	2.65%
1 Year	5.81%	5.81%
2 Years	6.2%	6.21%
3 Years	6.3%	6.32%
4 Years	5.82%	5.84%
5 Years	5.26%	5.28%

Asset allocationas on Oct 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 86.00569355%

A1+ 8.75123284%

SOV 5.24307358%

Top Debt Holdings

Indian Oil Corporation Ltd. 8.75%

Reserve Bank of India 5.24%

Allocation by Instruments

Repo 48.83541074%

Reverse Repo 37.12135412%

Commercial Paper 8.75123284%

Treasury Bills 5.24307358%

Other Holdings

Others 37.12%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Overnight Fund	0.41%	2.65%	5.81%	6.3%	5.26%	N.A.
Mirae Asset Overnight Fund	0.41%	2.66%	5.84%	6.35%	5.32%	3.05%
PGIM India Overnight Fund	0.42%	2.64%	5.84%	6.35%	5.32%	3.12%
Edelweiss Overnight Fund	0.41%	2.63%	5.8%	6.32%	5.27%	3.16%
UTI Overnight Fund	0.41%	2.66%	5.86%	6.38%	5.32%	5.55%
SBI Overnight Fund	0.41%	2.65%	5.82%	6.32%	5.27%	5.43%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Overnight Fund	0.14	0.14	-0.63	-0.86
Mirae Asset Overnight Fund	0.15	0.15	-0.22	-0.3
PGIM India Overnight Fund	0.15	0.17	-0.32	-0.42
Edelweiss Overnight Fund	0.14	0.13	-0.47	-0.66
UTI Overnight Fund	0.14	0.14	-0.1	-0.14
SBI Overnight Fund	0.14	0.14	-0.52	-0.75

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Overnight Fund	N.A.	857 Cr	6 yrs 4 m	0.15%
Mirae Asset Overnight Fund	N.A.	1,570 Cr	6 yrs 1 m	0.17%
PGIM India Overnight Fund	N.A.	105 Cr	6 yrs 3 m	0.17%
Edelweiss Overnight Fund	N.A.	158 Cr	6 yrs 4 m	0.16%
UTI Overnight Fund	N.A.	5,069 Cr	22 yrs	0.11%
SBI Overnight Fund	N.A.	25,409 Cr	23 yrs 2 m	0.14%

View all Overnight funds

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

Alpha	0.15 vs. 1.33 Underperformed at beating benchmark
Sharpe	-0.63 vs. 1.53 Poor risk-adjusted returns
Beta	0.14 vs. -0.17 More sensitive to market's ups & downs
Standard deviation	0.14 vs. 0.11 More volatile performance

Compare LIC MF Overnight Fund in detail with

About this fund

About LIC MF Overnight Fund

LIC MF Overnight Fund is a Overnight mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 6 yrs 4 m, having been launched on 15/07/2019. LIC MF Overnight Fund has ₹857 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of LIC MF Overnight Fund as of 04/12/2025 is ₹1362.48. The fund has an expense ratio of 0.15%, which is close to what most other Overnight funds charge.

LIC MF Overnight Fund returns of last 1-year are 5.83%. Since launch, it has delivered 4.96% average annual returns.
LIC MF 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 low indicating it has lent to borrowers whose quality is not too great. 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 Indian Oil Corporation Ltd., Reserve Bank of India.

...

Fund AUM	857 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

Rahul Singh

Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A. Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).

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/residual maturity of 1 business day.

LIC Mutual Fund details

No. of schemes	32 view all schemes
Total AUM	41,742 Cr as on Sep 30, 2025
Address	Industrial Assurance Building Ground Floor, Opp. Churchgate Station Mumbai, 400020
Email	br.mumbai@licmf.com
Phone	022-66016177 / 022-66016178

More funds from LIC Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
LIC MF Banking & PSU Fund	N.A.	1,884 Cr	7.73%	7.31%
LIC MF Medium to Long Duration Fund	N.A.	201 Cr	6.12%	7.13%
LIC MF Short Duration Fund	N.A.	152 Cr	7.3%	6.94%
LIC MF Liquid Fund	N.A.	11,814 Cr	6.48%	6.93%
LIC MF Low Duration Fund	N.A.	1,687 Cr	7.01%	6.85%
LIC MF Ultra Short Duration Fund	N.A.	219 Cr	6.49%	6.42%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of LIC MF Overnight Fund?

The current Net Asset Value (NAV) of the LIC MF Overnight Fund plan is approximately ₹1362.4764 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The LIC MF Overnight Fund is a 6 yrs 4 m old fund and has delivered average annual returns of 4.94% since inception.

LIC MF Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.81%	6.3%	5.26%	4.94%

How much does this mutual fund charge as expense ratio?

The LIC MF 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 LIC MF Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 857 Cr as on Oct 31, 2025.

To whom does LIC MF Overnight Fund lend to?

The top 3 debt holdings of LIC MF Overnight Fund are as follows

Holding Name	Percentage of Portfolio
Indian Oil Corporation Ltd.	8.75%
Reserve Bank of India	5.24%

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 LIC MF Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	86.00569355%
A1+	8.75123284%
SOV	5.24307358%

What is risk level of LIC MF 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 LIC MF Overnight Fund?

Redeeming your investments in the LIC MF 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

Return Outperformance: This fund has generated highest return amongst Overnight funds in the last 1 Year.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.