ICICI Prudential Overnight Fund - Regular Plan - IDCW - Annual

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Overnight Fund

Fund House : ICICI Prudential Mutual Fund

This scheme closed on 22-11-2025 & the data you are seeing is not latest data.

Scheme Objective

The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.

Scheme Details

Fund manager(s) – Darshil Dedhia , Nikhil Kabra
Launch date – 26-Jul-2019
Expense ratio – 0.19% as declared on 31-Aug-2022 (category average is 0.17%)
Benchmark - CRISIL Liquid Overnight Index