LIC MF Overnight Fund – Direct Growth

Debt · Overnight
 · ★★★★
1,000
Min SIP
5,000
Min Lumpsum
0.07 %
Expense Ratio
★★★★
Rating
588
Fund Size (in Cr)
4 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 3 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 02 October 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 6.5% 4.5% - 4.4%
Category Average 6.5% 4.6% 4.8% -

Scheme Allocation

By Holding
By Sector
By Asset
TREPS
87.65%
Kotak Securities
11.5%
TBILL-182D
0.77%
Net CA & Others
0.08%
Others
100%
View all Sectors
Sectors Asset
Reverse Repos
73.05%
Commercial Paper
15.98%
Certificate of Deposit
8.88%
T-Bills
1.77%
Net Curr Ass/Net Receivables
0.31%
Others
0.01%

Advance Ratio

-0.05
Alpha
0.12
SD
1
Beta
10.32
Sharpe

Exit Load

Exit Load Nil

Fund 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/residual maturity of 1 business day. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme(s) does not assure or guarantee any returns.

Fund Managers

Rahul Singh

At Tata Mutual Fund, Mr Singh serves as the Chief Investment Officer for Equities. He has been investing for more than 23 years. Mr Singh previously worked for Citigroup Global Markets India and Ampersand Capital Investment Advisors LLP.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

LIC Mutual Fund
AUM:
18,553 Cr
Address:
4th Floor, Industrial Insurance Building, Opp.Churchgate Stati Mumbai 400 020.
Contact:
022-66016000
Email ID:
cs.co@licmf.com

Frequently Asked Questions

How to invest in LIC MF Overnight Fund – Direct Growth ?

You can invest in LIC MF Overnight Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for LIC MF Overnight Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of LIC MF Overnight Fund – Direct Growth ?

The NAV of LIC MF Overnight Fund – Direct Growth is ₹1,200.3 as of 02 October 2023.

How to redeem LIC MF Overnight Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of LIC MF Overnight Fund – Direct Growth?

The minimum SIP amount of LIC MF Overnight Fund – Direct Growth is ₹1000

How can I redeem my investments in LIC MF Overnight Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select LIC MF Overnight Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

How much returns have LIC MF Overnight Fund – Direct Growth generated ?

The LIC MF Overnight Fund – Direct Growth has delivered 4.4% since inception

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 % as of 02 October 2023.

What is the AUM of LIC MF Overnight Fund – Direct Growth?

The AUM of LIC MF Overnight Fund – Direct Growth is ₹18,553 Cr as of 02 October 2023

What are the top stock holdings of LIC MF Overnight Fund – Direct Growth?

The top stock holdings of LIC MF Overnight Fund – Direct Growth are
  1. TREPS - 87.65%
  2. Kotak Securities - 11.5%
  3. TBILL-182D - 0.77%
  4. Net CA & Others - 0.08%

Can I make investments in both the SIP and Lump Sum schemes of LIC MF Overnight Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of LIC MF Overnight Fund – Direct Growth based on your investment objective and risk tolerance.
Invest Now