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mutual funds
lic mf overnight fund direct growth
LIC MF Overnight Fund Direct Growth

LIC MF Overnight Fund Direct Growth

  • Low to Moderate Risk
  • Money Market
  • Overnight
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NAV as on May 6, 2025
i
Price per unit of the scheme.
₹ 1,331.28820.02%1 Day Change
0.48%
Minimum Investment₹5000
Expense Ratio0.07%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
LIC MF Overnight Fund Direct Growth
VS
Money Market: Overnight Average NAV
    Topper in Money Market: Overnight
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    LIC MF Overnight Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    Nifty 1D Rate TR INR
    Expense Ratio
    0.07%
    Category Avg Expense Ratio
    0.09%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 410.31 Cr(As on Mar, 2025)
    Inception Date
    Jul 18, 2019
    Turnover
    - %
    Exit Load
    NIL

    bt_logoABOUT THE FUND

    Objective: The investment objective of the Scheme is 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. However, there can be no assurance that the investment objective of the scheme will be achieved.

    LIC MF Overnight Fund Direct Growth is an Money Market - Overnight fund. The fund was launched inJul 18, 2019. Its risk level is . The NAV of the fund as onMay 06, 2025 is ₹1,331.29. Its expense ratio is 0.07 %. The fund has an AUM of ₹410.31 Cr.The fund is managed byRahul Singh.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Rahul Singh
    Rahul Singh
    i
    Lead Fund Manager.
    Jul 18, 2019 - Present
    • Fund Manager Rank19Out of 28
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed10
    • Total AUM₹ 35,039.65 Cr
    • Highest Return In 1 Yr10.35 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    LIC MF Balanced Advantage Fund Direct Growth
    --
    ₹ 14.03
    3.01%
    3.39%
    Very High Risk
    ₹756.75Cr
    Tata Business Cycle Fund Direct Growth
    --
    ₹ 18.99
    4.57%
    -%
    Very High Risk
    ₹2,734.92Cr
    LIC MF Overnight Fund Direct Growth
    --
    ₹ 1,331.29
    0.48%
    -%
    Low to Moderate Risk
    ₹410.31Cr
    LIC MF Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.03
    • Fund Size₹756.75Cr
    Fund Return3.01%
    Category Return3.39%
    Tata Business Cycle Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.99
    • Fund Size₹2,734.92Cr
    Fund Return4.57%
    Category Return--
    LIC MF Overnight Fund Direct Growth
    Low to Moderate Risk--
    • NAV₹ 1,331.29
    • Fund Size₹410.31Cr
    Fund Return0.48%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Apr, 2025
    EQUITY (-%)
    DEBT (-%)
    CASH (100.00%)
    Allocation by Market Cap

    No Data For Allocation

    Industry Holdings
    No Data For Allocation
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      -0.26
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      0.03
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.00
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      -16.89
      This Fund
      VS
      --
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      -3.40
      This Fund
      VS
      --
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      0.19
      This Fund
      VS
      --
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    LIC Mutual Fund Asset Management Limited
    LIC Mutual Fund Asset Management Limited manages assets worth ₹ 35,551.15 crores. It’s current offering of mutual fund schemes includes 10 equity, 7 debt and 6 hybrid schemes.
    phone icon
    Phone
    +91 022-66016000
    mail icon
    Email
    cs.co@licmf.com
    aum
    AUM
    ₹ 35,551.15 Cr (
    As on Mar 31, 2025
    )
    location
    Address
    4th Floor, Industrial Assurance Building, Mumbai,400 020

    bt_logoFAQ's

    What is the category of LIC MF Overnight Fund Direct Growth ?
    The category of LIC MF Overnight Fund Direct Growth is Money Market - Overnight
    What is the current NAV of LIC MF Overnight Fund Direct Growth ?
    The current NAV of LIC MF Overnight Fund Direct Growth as on May 06, 2025 is ₹1,331.29
    How safe is LIC MF Overnight Fund Direct Growth ?
    The risk level of LIC MF Overnight Fund Direct Growth is Low to Moderate.
    What are short term returns given by LIC MF Overnight Fund Direct Growth ?
    The return given by LIC MF Overnight Fund Direct Growth in 1 month is 0.48%, 3 months is 1.51%, 6 months is 3.18%, and 1 year is 6.58%
    What are the long term returns given by LIC MF Overnight Fund Direct Growth ?
    The return given by LIC MF Overnight Fund Direct Growth in 3 years is 6.38% and 5 years is 5.10%.
    What is the expense ratio of LIC MF Overnight Fund Direct Growth ?
    The expense ratio of LIC MF Overnight Fund Direct Growth is 0.07%
    What is the AUM of LIC MF Overnight Fund Direct Growth ?
    The assets under Management (AUM) of LIC MF Overnight Fund Direct Growth is Rs 410.31 crores.
    What is the minimum investment in LIC MF Overnight Fund Direct Growth ?
    The minimum Lumpsum investment in LIC MF Overnight Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in LIC MF Overnight Fund Direct Growth is ₹1,000.00
    What is the asset allocation of LIC MF Overnight Fund Direct Growth?
    LIC MF Overnight Fund Direct Growth has an exposure of 100.00% in Cash & Money Market Securities

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