Should I invest in LIC MF Overnight Fund-Weekly IDCW?

We don't give personal investment advice. LIC MF Overnight Fund-Regular Plan-Weekly IDCW 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.

LIC

LIC MF Overnight Fund-Regular Plan-Weekly IDCW

Latest NAV

₹1,180.0795

As of

19 Jul 2026

1,514 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	+0.03%	+0.01%	+0.01	30 / 72	Q2
1W	+0.00%	+0.02%	-0.02	30 / 72	Q2
2W	+0.00%	+0.06%	-0.06	29 / 71	Q2
1M	+0.03%	+0.07%	-0.04	17 / 71	Q1
3M	+0.00%	+0.20%	-0.20	32 / 70	Q2
6M	-0.01%	+0.38%	-0.39	64 / 70	Q4
YTD	+0.04%	+0.45%	-0.42	34 / 70	Q2
1Y	+0.41%	+0.60%	-0.19	9 / 69	Q1
2Y	+3.32%	+0.52%	+2.80	8 / 69	Q1
3Y	+4.11%	+0.71%	+3.39	7 / 67	Q1
4Y	+3.48%	+0.61%	+2.87	6 / 58	Q1
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+3.50%	+0.69%	+2.81	6 / 72	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	+0.04%	+0.48%	-0.45	32 / 65
2025	+3.64%	+0.59%	+3.05	8 / 63
2024	+6.66%	+0.79%	+5.87	2 / 68
2023	+1.92%	+0.79%	+1.13	8 / 62
2022	+3.73%	+0.56%	+3.17	6 / 55
2021	—	—	—	—

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

+3.94%

47 windows

min 0.4% · max 6.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+4.21%

22 windows

min 3.9% · max 4.5%

100% positive

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

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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

0.87%

3-year · annualised

Sharpe ratio

-2.81

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.12%

Jul 2023 → Jul 2023

% positive months

88.9%

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
SBI Overnight Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,373.9503	19 Jul 2026
Invesco India Overnight Fund - Regular Plan - Daily IDCW (Reinvestment)	Invesco	₹1,000.1395	19 Jul 2026
BANDHAN Overnight Fund - Regular Plan - Daily IDCW	Bandhan	₹1,000.0098	19 Jul 2026
quant Overnight Fund - IDCW Option - Regular Plan	Quant	₹12.4387	19 Jul 2026
ADITYA BIRLA SUN LIFE OVERNIGHT FUND- Regular - Weekly Reinvestment of IDCW option	Aditya Birla Sun Life	₹1,000.3012	19 Jul 2026
Mirae Asset Overnight Fund Regular Daily IDCW	Mirae Asset	₹1,000.0067	19 Jul 2026
Kotak Overnight Fund-Regular Plan- Daily Reinvestment of Income Distribution cum capital withdrawal option	Kotak	₹1,004.7568	19 Jul 2026
Edelweiss Overnight Fund - Regular Plan - Annual - IDCW Option	Edelweiss	₹1,409.4878	19 Jul 2026
DSP Overnight Fund - Regular Plan - IDCW - Daily	DSP	₹1,000.0099	19 Jul 2026
HSBC Overnight Fund - Regular Daily IDCW	HSBC	₹1,000.0149	19 Jul 2026

Recent NAVs

Date	NAV
19 Jul 2026	₹1,180.0795
17 Jul 2026	₹1,179.7562
16 Jul 2026	₹1,179.6070
15 Jul 2026	₹1,179.4645
14 Jul 2026	₹1,180.3498
13 Jul 2026	₹1,180.2019
12 Jul 2026	₹1,180.0532
10 Jul 2026	₹1,179.7218
9 Jul 2026	₹1,179.5917
8 Jul 2026	₹1,179.4645

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 19 Jul 2026, the NAV of LIC MF Overnight Fund-Regular Plan-Weekly IDCW is ₹1,180.0795. It's a Overnight Fund from LIC, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

LIC MF Overnight Fund-Regular Plan-Weekly IDCW has NAV history starting from 05 Oct 2021, a track record of about 4 years 9 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

LIC MF Overnight Fund-Regular Plan-Weekly IDCW is managed by LIC. 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, LIC MF Overnight Fund-Regular Plan-Weekly IDCW has delivered a absolute return of 0.41% — -0.19 pp behind the Overnight Fund category average of 0.60%. The fund ranks #9 of 69 in its category — the top (Q1) quartile.

Over the trailing 3-year window, LIC MF Overnight Fund-Regular Plan-Weekly IDCW has delivered a CAGR of 4.11% — +3.39 pp ahead of the Overnight Fund category average of 0.71%. The fund ranks #7 of 67 in its category — the top (Q1) quartile.

LIC MF Overnight Fund-Regular Plan-Weekly IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in LIC MF Overnight Fund-Regular Plan-Weekly IDCW exactly 3 years ago would be worth approximately ₹112,828 today — a multiplier of 1.13×, based on the 3-year CAGR of 4.11%. The category average over the same window would have grown ₹1 lakh to ₹102,146.

A ₹10,000 monthly SIP in LIC MF Overnight Fund-Regular Plan-Weekly IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹377,059 today. That's an XIRR (money-weighted annualised return) of 3.03%.

LIC MF Overnight Fund-Regular Plan-Weekly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹377,059 — XIRR 3.03%.

On a 3-year basis, LIC MF Overnight Fund-Regular Plan-Weekly IDCW ranks #7 out of 67 funds in the Overnight Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 0.71%; this fund delivered 4.11%.

The worst peak-to-trough decline LIC MF Overnight Fund-Regular Plan-Weekly IDCW has experienced over the last 3-year window is 0.12% — its NAV fell from a high on 25 Jul 2023 to a low on 26 Jul 2023. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, LIC MF Overnight Fund-Regular Plan-Weekly IDCW averaged 4.21% (best 4.53%, worst 3.91%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is -2.81 — negative risk-adjusted performance.

In calendar year 2025, LIC MF Overnight Fund-Regular Plan-Weekly IDCW returned 3.64% — beating the Overnight Fund category average of 0.59% by 3.05 pp. It ranked #8 of 63 in its category that year.

LIC MF Overnight Fund-Regular Plan-Weekly IDCW 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. LIC MF Overnight Fund-Regular Plan-Weekly IDCW 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.

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