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Fund Overview

Fund Size

Fund Size

₹869 Cr

Expense Ratio

Expense Ratio

0.07%

ISIN

ISIN

INF767K01QI3

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

18 Jul 2019

About this fund

LIC MF Overnight Fund Direct Growth is a Overnight mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 5 years, 2 months and 22 days, having been launched on 18-Jul-19.
As of 09-Oct-24, it has a Net Asset Value (NAV) of ₹1283.98, Assets Under Management (AUM) of 869.37 Crores, and an expense ratio of 0.07%.
  • LIC MF Overnight Fund Direct Growth has given a CAGR return of 4.90% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 100.00% in cash & cash equivalents.
  • You can start investing in LIC MF Overnight Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.79%

(Cat Avg.)

3 Years

+5.79%

(Cat Avg.)

5 Years

+4.86%

(Cat Avg.)

Since Inception

+4.90%

(Cat Avg.)

Portfolio Summaryas of 30th September 2024

Others869.37 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement457.15 Cr52.58%
Reverse RepoCash - Repurchase Agreement306.38 Cr35.24%
Punjab National BankCash - CD/Time Deposit75 Cr8.63%
182 DTB 18102024Bond - Gov't/Treasury9.97 Cr1.15%
364 DTB 24102024Bond - Gov't/Treasury9.96 Cr1.15%
91 DTB 24102024Bond - Gov't/Treasury9.96 Cr1.15%
364 DTB 02052024Bond - Gov't/Treasury4.99 Cr0.57%
Net Receivables / (Payables)Cash-4.05 Cr0.47%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Repurchase Agreement763.53 Cr87.83%
Cash - CD/Time Deposit75 Cr8.63%
Bond - Gov't/Treasury34.88 Cr4.01%
Cash-4.05 Cr0.47%
Cash - Commercial Paper0 Cr-
Bond - Short-term Government Bills0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

0.37%

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

-16.78

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Rahul Singh

Rahul Singh

Since July 2019

Additional Scheme Detailsas of 30th September 2024

ISIN
INF767K01QI3
Expense Ratio
0.07%
Exit Load
No Charges
Fund Size
₹869 Cr
Age
5 years 2 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 1D Rate TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Overnight Funds

Fund nameExpense RatioExit LoadFund size
1Y
Axis Overnight Fund Regular Growth

Low Risk

0.1%0.0%₹8135.21 Cr6.8%
Axis Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹8135.21 Cr6.8%
Groww Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹32.56 Cr6.8%
Groww Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹32.56 Cr6.7%
Tata Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹3636.38 Cr6.8%
Tata Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹3636.38 Cr6.7%
Nippon India Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹8049.99 Cr6.7%
Nippon India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹8049.99 Cr6.8%
Sundaram Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹784.03 Cr6.7%
Sundaram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹784.03 Cr6.8%

About the AMC

LIC Mutual Fund

LIC Mutual Fund

Total AUM

₹31,651 Cr

Address

4th Floor, Industrial Assurance Building, Mumbai, 400 020

Other Funds by LIC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
LIC MF Large & Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹3234.88 Cr48.8%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.4%1.0%₹558.75 Cr32.6%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹174.38 Cr10.9%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹1403.94 Cr35.1%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.8%0.0%₹88.89 Cr11.1%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1540.53 Cr8.8%
LIC MF Large Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹1588.28 Cr34.3%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1535.72 Cr7.9%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.4%0.0%₹87.78 Cr25.3%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹340.27 Cr29.1%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

1.4%1.0%₹750.04 Cr73.5%
LIC MF Liquid Plan Direct Growth

Low to Moderate Risk

0.2%0.0%₹8924.06 Cr7.5%
LIC MF ELSS Direct Growth

Very High Risk

1.0%0.0%₹1209.44 Cr40.4%
LIC MF Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹108.26 Cr9.1%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹136.44 Cr7.6%
LIC MF Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹844.69 Cr20.3%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.2%1.0%₹50.81 Cr13.2%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹291.33 Cr14.7%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹29.45 Cr6.7%
LIC MF Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹869.37 Cr6.8%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹1369.60 Cr51.6%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹341.12 Cr7.6%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of LIC MF Overnight Fund Direct Growth, as of 09-Oct-2024, is ₹1283.98.
The fund has generated 6.79% over the last 1 year and 5.79% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 100.00% in cash and cash equivalents.
The fund managers responsible for LIC MF Overnight Fund Direct Growth are:-
  1. Rahul Singh