- 1M
- 3M
- 6M
- 1YR
- 3YR
- 5YR
- 10YR
- Since Inception
Fund Information
-
As of 31 Aug 2023, fund size of LIC MF Overnight Fund is
597.45 Cr. -
LIC MF Overnight Fund shown here is of
Growthplan.
-
The Total Expense Ratio (TER) of the fund is
0.2%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.
-
LIC MF Overnight Fund is an
Debtoriented mutual fund in the
- Overnight Fundcategory.
-
Nifty 50 Arbitrage Index
is the benchmark for LIC MF Overnight Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.
-
The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on
18 Jul 2019as at present it is 6 years old fund.
-
Name of the AMC is
LIC Mutual Fund.
Click here to
know moreabout LIC Mutual Fund.
Fund Managed By
Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. LIC MF Overnight Fund managed by following fund manager(s);
Riskometer
Investors understand that their
principal
will be at Low to Moderate risk
How does the
Return Comparison of the LIC MF Overnight Fund fare against peer funds in the Overnight fund category?
Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by LIC MF Overnight Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Overnight fund category these peer funds belongs to.
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.12% | 0.54% | 1.69% | 3.34% | 6.79% | 6.95% | 128.42% | 66.13% | 67.50% |
| Category Average | 0.12% | 0.53% | 1.64% | 3.24% | 6.59% | 6.62% | 10.62% | 7.25% | 46.74% |
| LIC MF Overnight Fund | 0.12% | 0.53% | 1.63% | 3.22% | 6.55% | 6.58% | 6.05% | 4.85% | - |
| ICICI Prudential Overnight Fund | 0.12% | 0.53% | 1.65% | 3.25% | 6.61% | 6.64% | 128.42% | 66.13% | - |
| ICICI Prudential Overnight Fund | 0.12% | 0.53% | 1.65% | 3.25% | 6.61% | 6.64% | 128.42% | 66.13% | - |
| Bank Of India Overnight Fund | 0.12% | 0.54% | 1.69% | 3.34% | 6.77% | 6.77% | 6.24% | 5.04% | - |
| Axis Overnight Fund | 0.12% | 0.54% | 1.67% | 3.29% | 6.71% | 6.70% | 6.17% | 4.95% | - |
| UTI Overnight Fund | 0.12% | 0.53% | 1.65% | 3.26% | 6.64% | 6.66% | 6.13% | 4.92% | 67.50% |
Fund Portfolio Details
Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of LIC MF Overnight Fund are shown below;
Equity -
Debt 22.10%
Others 77.90%
Top Holdings
| Name of the Instrument | Holding Percentage |
|---|---|
| BAJAJ FINANCE LIMITED 91D CP 01SEP23 | 4.25% |
| CANARA BANK CD 01SEP23 | 4.25% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 01SEP23 | 4.25% |
| INDIAN BANK CD 01SEP23 | 4.25% |
| RELIANCE RETAIL VENTURES LIMITED 91D CP 01SEP23 | 4.25% |
| Others | 78.75% |
Allocation by Instruments
| Type of the Instrument | Holding Percentage |
|---|---|
| COMMERCIAL PAPER | 8.50% |
| CERTIFICATE OF DEPOSIT | 12.75% |
| TREASURY BILLS | 0.85% |
Portfolio Holdings shown is as of 31 Aug 2023