Should I invest in ICICI Prudential Overnight Fund?

We don't give personal investment advice. ICICI Prudential Overnight Fund - Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.0%. 5-year CAGR: 5.50%.

ICICI Prudential

ICICI Prudential Overnight Fund - Growth

Unit split applied to historical metrics

This scheme had a 10× unit consolidation on 17 Aug 2022. Returns, SIP simulations and risk metrics on this page are split-adjusted — they reflect what a real investor's portfolio experienced (a consolidation doesn't change portfolio value, only the unit count and per-unit NAV).

Latest NAV

₹1,455.2582

As of

3 Jun 2026

2,331 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.01%	+0.01%	+0.00	3 / 5	Q3
1W	+0.10%	+0.10%	-0.01	3 / 3	Q4
2W	+0.20%	+0.20%	0.00	3 / 3	Q4
1M	+0.41%	+0.42%	0.00	3 / 3	Q4
3M	+1.27%	+1.29%	-0.02	3 / 3	Q4
6M	+2.54%	+2.57%	-0.02	3 / 3	Q4
YTD	+2.11%	+2.14%	-0.04	3 / 3	Q4
1Y	+5.28%	+5.32%	-0.04	2 / 2	Q4
2Y	+5.85%	+5.87%	-0.02	2 / 2	Q4
3Y	+6.14%	+6.15%	-0.01	2 / 2	Q4
4Y	+6.07%	+6.07%	-0.01	2 / 2	Q4
5Y	+5.50%	+5.51%	-0.01	2 / 2	Q4
7Y	+5.00%	+5.00%	+0.00	1 / 2	Q2
10Y	—	—	—	—	—
Inception	+5.09%	+2.55%	+2.54	1 / 5	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.11%	+2.14%	-0.04	3 / 3
2025	+5.73%	+5.75%	-0.02	2 / 2
2024	+6.64%	+6.62%	+0.02	1 / 2
2023	+6.58%	+6.57%	+0.01	1 / 2
2022	+4.58%	+4.58%	0.00	2 / 2
2021	+3.07%	+3.07%	0.00	2 / 2
2020	+3.25%	+3.21%	+0.03	1 / 2
2019	+5.58%	+5.58%	+0.00	1 / 1
2018	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.01%

80 windows

min 2.9% · max 6.8%

100% positive

3-Year rolling

+4.97%

56 windows

min 3.5% · max 6.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+4.96%

32 windows

min 4.6% · max 5.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+5.03%

7 windows

min 5.0% · max 5.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.20%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.00%

Peak to trough

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Overnight Fund

Scheme	Fund house	NAV	As of
HDFC Overnight Fund - Growth Option - Direct Plan	HDFC	₹4,028.2058	3 Jun 2026
Nippon India Overnight Fund - Direct Plan - Growth Option	Nippon India	₹145.9846	3 Jun 2026
SBI OVERNIGHT FUND - DIRECT PLAN - GROWTH	SBI	₹4,418.4117	3 Jun 2026
ICICI Prudential Overnight Fund - Direct Plan - Growth	ICICI Prudential	₹1,464.3701	3 Jun 2026
Invesco India Overnight Fund - Direct Plan - Growth	Invesco	₹1,372.9716	3 Jun 2026
BANDHAN Overnight Fund - Direct Plan - Growth	Bandhan	₹1,449.3104	3 Jun 2026
quant Overnight Fund - Growth Option - Direct Plan	Quant	₹12.4167	3 Jun 2026
ADITYA BIRLA SUN LIFE OVERNIGHT FUND-DIRECT PLAN-GROWTH	Aditya Birla Sun Life	₹1,469.7090	3 Jun 2026
Franklin India Overnight fund- Growth	Franklin India	₹1,412.7522	3 Jun 2026
Mirae Asset Overnight Fund Direct Plan Growth	Mirae Asset	₹1,393.6862	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,455.2582
2 Jun 2026	₹1,455.0592
1 Jun 2026	₹1,454.8589
31 May 2026	₹1,454.6584
29 May 2026	₹1,454.2419
28 May 2026	₹1,454.0349
26 May 2026	₹1,453.6274
25 May 2026	₹1,453.4271
24 May 2026	₹1,453.2247
22 May 2026	₹1,452.8131

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of ICICI Prudential Overnight Fund - Growth is ₹1,455.2582. It's a Overnight Fund from ICICI Prudential, run as a Unknown plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Overnight Fund - Growth has NAV history starting from 15 Nov 2018, a track record of about 7 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

ICICI Prudential Overnight Fund - Growth is managed by ICICI Prudential. It's classified by AMFI under the 'Overnight Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Overnight Fund - Growth has delivered a absolute return of 5.28% — -0.04 pp behind the Overnight Fund category average of 5.32%. The fund ranks #2 of 2 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, ICICI Prudential Overnight Fund - Growth has delivered a CAGR of 6.14% — -0.01 pp behind the Overnight Fund category average of 6.15%. The fund ranks #2 of 2 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential Overnight Fund - Growth has delivered a CAGR of 5.50% — -0.01 pp behind the Overnight Fund category average of 5.51%. The fund ranks #2 of 2 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential Overnight Fund - Growth exactly 5 years ago would be worth approximately ₹130,717 today — a multiplier of 1.31×, based on the 5-year CAGR of 5.50%. The category average over the same window would have grown ₹1 lakh to ₹130,753.

A ₹10,000 monthly SIP in ICICI Prudential Overnight Fund - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹696,273 today. That's an XIRR (money-weighted annualised return) of 5.89%.

ICICI Prudential Overnight Fund - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,020,768 — XIRR 5.48%.

On a 5-year basis, ICICI Prudential Overnight Fund - Growth ranks #2 out of 2 funds in the Overnight Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 5.51%; this fund delivered 5.50%.

The worst peak-to-trough decline ICICI Prudential Overnight Fund - Growth has experienced over the last 5-year window is 0.00%. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential Overnight Fund - Growth averaged 4.96% (best 5.50%, worst 4.60%). 100% of rolling windows ended positive.

In calendar year 2025, ICICI Prudential Overnight Fund - Growth returned 5.73% — lagging the Overnight Fund category average of 5.75% by 0.02 pp. It ranked #2 of 2 in its category that year.

ICICI Prudential Overnight Fund - Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. ICICI Prudential Overnight Fund - Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.0%. 5-year CAGR: 5.50%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

ICICI Prudential Overnight Fund - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Overnight Fund

Recent NAVs

Frequently asked questions

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