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Mutual Funds
LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl

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LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl

LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl

  • Low to Moderate Risk
  • Money Market
  • Overnight
  • Share
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NAV as on Mar 31, 2025
i
Price per unit of the scheme.
₹ 1027.7546 0.02% 1 Day Change
0.63%
Minimum Investment ₹5000
Expense Ratio 0.07%

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

RISK-O-METER

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

FUND PERFORMANCE

(As On --)
Compare fund’s performance against category average across different time periods
1M 3M 6M 1Y 3Y 5Y
-- Out of -- funds in the category
Category Avg Return
--
Fund Return
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

This Fund
LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl
VS
Money Market: Overnight Average NAV
Topper in Money Market: Overnight
All Fund
*For the other fund, rescaled NAVs are used
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RETURN CALCULATOR

Check the return on your investment in the fund
LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl
Investment Type
MONTHLY SIP ONE -TIME
Monthly Investment
Time Period (yrs)
Annual Return in %
  • Invested Amount
    ₹0
  • Return
    ₹0
  • Current Value
    ₹0

FUND 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
₹ 1,017.69 Cr(As on Feb, 2025)
Inception Date
Jul 18, 2019
Turnover
0.00 %
Exit Load
NIL

ABOUT 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 Weekly Reinvestment of Income Dis cum Cap Wrdl is an Money Market - Overnight fund. The fund was launched in Jul 18, 2019. Its risk level is Low to Moderate. The NAV of the fund as on Mar 31, 2025 is ₹1,027.75. Its expense ratio is 0.07 %. The fund has an AUM of ₹1,017.69 Cr.The fund is managed by Rahul Singh. The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Rahul Singh
i
Lead Fund Manager.
Jul 18, 2019- Present
  • Fund Manager Rank 72 Out of 82
    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 managed 10
  • Total AUM ₹ 34,041.06 Cr
  • Highest Return In 1 Yr 11.10 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
--
₹13.91
6.00%
3.63%
Very High Risk
₹719.51Cr
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
--
₹18.55
6.34%
--
Very High Risk
₹2,556.73Cr
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
--
₹1,323.60
0.55%
--
Low to Moderate Risk
₹1,017.69Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
--
₹13.91
0.69%
-3.24%
Very High Risk
₹719.51Cr
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
--
₹18.55
-6.81%
--
Very High Risk
₹2,556.73Cr
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
--
₹1,323.60
1.59%
--
Low to Moderate Risk
₹1,017.69Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
--
₹13.91
-1.20%
-6.80%
Very High Risk
₹719.51Cr
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
--
₹18.55
-14.90%
--
Very High Risk
₹2,556.73Cr
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
--
₹1,323.60
3.24%
--
Low to Moderate Risk
₹1,017.69Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
₹13.91
11.10%
5.25%
Very High Risk
₹719.51Cr
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
₹18.55
3.90%
--
Very High Risk
₹2,556.73Cr
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
₹1,323.60
6.65%
--
Low to Moderate Risk
₹1,017.69Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
--
₹13.91
11.39%
11.03%
Very High Risk
₹719.51Cr
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
--
₹18.55
20.11%
--
Very High Risk
₹2,556.73Cr
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
--
₹1,323.60
6.30%
--
Low to Moderate Risk
₹1,017.69Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
--
₹13.91
--
15.55%
Very High Risk
₹719.51Cr
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
--
₹18.55
--
--
Very High Risk
₹2,556.73Cr
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
--
₹1,323.60
5.03%
--
Low to Moderate Risk
₹1,017.69Cr
1M 3M 6M 1Y 3Y 5Y
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
Very High Risk --
  • NAV ₹13.91
  • Fund Size ₹719.51Cr
Fund Return 6.00%
Category Return 3.63%
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
Very High Risk --
  • NAV ₹18.55
  • Fund Size ₹2,556.73Cr
Fund Return 6.34%
Category Return --
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,323.60
  • Fund Size ₹1,017.69Cr
Fund Return 0.55%
Category Return --
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
Very High Risk --
  • NAV ₹13.91
  • Fund Size ₹719.51Cr
Fund Return -0.69%
Category Return -3.24%
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
Very High Risk --
  • NAV ₹18.55
  • Fund Size ₹2,556.73Cr
Fund Return -6.81%
Category Return --
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,323.60
  • Fund Size ₹1,017.69Cr
Fund Return 1.59%
Category Return --
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
Very High Risk --
  • NAV ₹13.91
  • Fund Size ₹719.51Cr
Fund Return -1.20%
Category Return -6.80%
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
Very High Risk --
  • NAV ₹18.55
  • Fund Size ₹2,556.73Cr
Fund Return -14.90%
Category Return --
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,323.60
  • Fund Size ₹1,017.69Cr
Fund Return 3.24%
Category Return --
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
Very High Risk --
  • NAV ₹13.91
  • Fund Size ₹719.51Cr
Fund Return 11.10%
Category Return 5.25%
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
Very High Risk --
  • NAV ₹18.55
  • Fund Size ₹2,556.73Cr
Fund Return 3.90%
Category Return --
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,323.60
  • Fund Size ₹1,017.69Cr
Fund Return 6.65%
Category Return --
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
Very High Risk --
  • NAV ₹13.91
  • Fund Size ₹719.51Cr
Fund Return 11.39%
Category Return 11.03%
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
Very High Risk --
  • NAV ₹18.55
  • Fund Size ₹2,556.73Cr
Fund Return 20.11%
Category Return --
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,323.60
  • Fund Size ₹1,017.69Cr
Fund Return 6.30%
Category Return --
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
Very High Risk --
  • NAV ₹13.91
  • Fund Size ₹719.51Cr
Fund Return --
Category Return 15.55%
Tata Business Cycle Fund Direct Growth Tata Business Cycle Fund Direct Growth
Very High Risk --
  • NAV ₹18.55
  • Fund Size ₹2,556.73Cr
Fund Return --
Category Return --
LIC MF Overnight Fund Direct Growth LIC MF Overnight Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,323.60
  • Fund Size ₹1,017.69Cr
Fund Return 5.03%
Category Return --
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Mar 2025
EQUITY (0.00%)
DEBT (0.00%)
CASH (100.00%)
Allocation by Market Cap

PERFORMANCE 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.
    --

HISTORICAL 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.
    0.28
    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.
    0.02
    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.
    -1.28
    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.
    0.00
    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.
    -1.32
    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.
    0.35
    This Fund
    VS
    --
    Category Avg
Benchmark used in calculation : --

PEER ANALYSIS

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
PGIM India Overnight Fund Direct Weekly Payout Inc Dist cum Cap Wdrl PGIM India Overnight Fund Direct Weekly Payout Inc Dist cum Cap Wdrl
LOW RISK --
  • NAV ₹1,003.40
  • Fund Size ₹88.11 Cr
Fund Return 1.45%
Category Return --
PGIM India Overnight Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl PGIM India Overnight Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl
LOW RISK --
  • NAV ₹1,003.40
  • Fund Size ₹88.11 Cr
Fund Return 1.45%
Category Return --
TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl TRUSTMF Overnight Fund Direct Daily Reinvestment Inc Dist cum Cap Wdrl
LOW RISK --
  • NAV ₹1,194.12
  • Fund Size ₹182.33 Cr
Fund Return 0.63%
Category Return --
LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl
LOW TO MODERATE RISK --
  • NAV ₹1,027.75
  • Fund Size ₹1,017.69 Cr
Fund Return 0.63%
Category Return --
DSP Overnight Fund Direct Weekly Payout of Income Distribution cum capital withdrawal option DSP Overnight Fund Direct Weekly Payout of Income Distribution cum capital withdrawal option
LOW RISK --
  • NAV ₹1,000.89
  • Fund Size ₹1,898.64 Cr
Fund Return 0.58%
Category Return --
DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option
LOW RISK --
  • NAV ₹1,000.89
  • Fund Size ₹1,898.64 Cr
Fund Return 0.58%
Category Return --
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Top funds from this amc

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
LIC MF Infrastructure Fund Direct Plan Growth Option LIC MF Infrastructure Fund Direct Plan Growth Option
₹49.63
12.36%
9.98%
Very High Risk
₹763.24 Cr
LIC MF Large & Mid Cap Direct Growth LIC MF Large & Mid Cap Direct Growth
₹41.33
9.59%
6.07%
Very High Risk
₹2,597.92 Cr
LIC MF ELSS-Direct Plan Growth Option LIC MF ELSS-Direct Plan Growth Option
₹165.92
8.23%
5.97%
Very High Risk
₹1,007.32 Cr
LIC MF Multi Cap Fund Direct Growth LIC MF Multi Cap Fund Direct Growth
--
₹15.94
7.97%
7.06%
Very High Risk
₹1,260.76 Cr
LIC MF Large Cap Fund Direct Plan Growth LIC MF Large Cap Fund Direct Plan Growth
₹58.79
7.95%
6.55%
Very High Risk
₹1,283.83 Cr
LIC MF Banking & Financial Services Fund Direct Growth LIC MF Banking & Financial Services Fund Direct Growth
₹21.18
6.99%
7.24%
Very High Risk
₹233.85 Cr
LIC MF Infrastructure Fund Direct Plan Growth Option LIC MF Infrastructure Fund Direct Plan Growth Option
VERY HIGH RISK
  • NAV ₹49.63
  • Fund Size ₹763.24 Cr
Fund Return 12.36%
Category Return 9.98%
LIC MF Large & Mid Cap Direct Growth LIC MF Large & Mid Cap Direct Growth
VERY HIGH RISK
  • NAV ₹41.33
  • Fund Size ₹2,597.92 Cr
Fund Return 9.59%
Category Return 6.07%
LIC MF ELSS-Direct Plan Growth Option LIC MF ELSS-Direct Plan Growth Option
VERY HIGH RISK
  • NAV ₹165.92
  • Fund Size ₹1,007.32 Cr
Fund Return 8.23%
Category Return 5.97%
LIC MF Multi Cap Fund Direct Growth LIC MF Multi Cap Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹15.94
  • Fund Size ₹1,260.76 Cr
Fund Return 7.97%
Category Return 7.06%
LIC MF Large Cap Fund Direct Plan Growth LIC MF Large Cap Fund Direct Plan Growth
VERY HIGH RISK
  • NAV ₹58.79
  • Fund Size ₹1,283.83 Cr
Fund Return 7.95%
Category Return 6.55%
LIC MF Banking & Financial Services Fund Direct Growth LIC MF Banking & Financial Services Fund Direct Growth
VERY HIGH RISK
  • NAV ₹21.18
  • Fund Size ₹233.85 Cr
Fund Return 6.99%
Category Return 7.24%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited manages assets worth ₹ 34,106.58 crores. It’s current offering of mutual fund schemes includes 10 equity, 7 debt and 6 hybrid schemes.
Phone
+91 022-66016000
Email
cs.co@licmf.com
AUM
₹ 34,106.58 Cr (
As on Feb 2025
)
Address
4th Floor, Industrial Assurance Building, ,Mumbai ,400 020

FAQ’S

What is the category of LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl ?
The category of LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl is Money Market - Overnight
What is the current NAV of LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl ?
The current NAV of LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl (as on Mar 31, 2025) is ₹ 1,027.75
How safe is LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl?
The risk level of LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl is Low to Moderate .
What are short term returns given by LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl?
The return given by LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl in 1 month is 0.63%, 3 months is 1.82%, 6 months is 3.00%, and 1 year is 6.50%.
What are the long term returns given by LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl?
The return given by LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl in 3 years is 6.28% and 5 years is 5.02%.
What is the expense ratio of LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl?
The expense ratio of LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl is 0.07 %
What is the AUM of LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl
The assets under Management (AUM) of LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl is Rs 1,017.69 crores.
What is the minimum investment in LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl?
The minimum Lumpsum investment in LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl is ₹5000 and the minimum SIP investment in LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl is ₹1000
What is the asset allocation of LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl?
The LIC MF Overnight Fund Direct Weekly Reinvestment of Income Dis cum Cap Wrdl has an exposure of and 100.00% in Cash & Money Market Securities

CALCULATORS

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