NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

ICICI Prudential Overnight Fund - Growth for NRI [1431.83]

Min Investment

₹100

Fund Size

₹10,445.07 Cr

Expense Ratio

0.1%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹1431.83

0.01%

NAV as on 04 Feb 26, 12:00 AM

low risk

overnight

liquid

NAV as on 04 Feb 26, 12:00 AM

low risk

overnight

liquid

5.61%p.a.

Last 1Y

6.30%p.a.

Last 3Y

5.37%p.a.

Last 5Y

5.09%p.a.

Since Inception

About ICICI Prudential Overnight Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Overnight Fund - Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Overnight mutual fund scheme that predominantly invests in Overnight stocks of companies. Launched on Nov 2018, ICICI Prudential Overnight Fund - Growth is Overnight fund of its category with 10,445.07 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Overnight funds.

  • ICICI Prudential Overnight Fund - Growth delivered 5.6% annual returns during the last year. It has delivered 5.1% average annual returns since the fund was launched.
  • ICICI Prudential Overnight Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in liquid

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 of 1 business day.

Top 10 Holdings

Repo

1.78%

Reverse Repo

92.11%

Net Current Assets

0.28%

GOVERNMENT OF INDIA 34681 364 DAYS TBILL 18JL25 FV RS 100

0.76%

GOVERNMENT OF INDIA 35445 182 DAYS TBILL 10JL25 FV RS 100

1.19%

GOVERNMENT OF INDIA 35465 182 DAYS TBILL 17JL25 FV RS 100

0.71%

GOVERNMENT OF INDIA 35420 182 DAYS TBILL 03JL25 FV RS 100

1.19%

GOVERNMENT OF INDIA 35849 91 DAYS TBILL 17JL25 FV RS 100

0.71%

GOVERNMENT OF INDIA 34759 364 DAYS TBILL 07AG25 FV RS 100

0.52%

GOVERNMENT OF INDIA 34806 364 DAYS TBILL 15AG25 FV RS 100

0.22%

Fund Managers

  1. Darshil Dedhia (Jun 2023 - Present)
  2. Nikhil Kabra (Sep 2024 - Present)

Key Information

View Scheme Document

ICICI Prudential Overnight Fund - Growth SIP Calculator

If invested

₹5,000

per month

For a period of

Investment of ₹0 could have been

₹0(+0.0%)

₹0 (+0.0%)

This Fund

₹0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on ICICI Prudential Overnight Fund - Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in ICICI Prudential Overnight Fund - Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Overnight Fund - Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

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Frequently Asked Questions

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