Key metrics
Latest NAV
₹1,427.63
Day change
0.01%
Volatility
0.1%
Sharpe
-20.17
Max drawdown
0.0%
Expense ratio
0.06%
AUM
₹1,054 Cr
Category rank
11 / 26
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 0.09% | 0.42% | 1.29% | 2.61% | 5.29% | 6.10% | 5.71% | 5.10% | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
LIC MF Overnight Fund is a overnight debt fund offered by LIC Mutual Fund, classified under Debt as Debt Scheme - Overnight Fund. Overnight funds are among the lowest-risk fund categories. Its latest NAV is ₹1,427.63, with assets under management of about ₹1,054 Cr (April - June 2026).
Performance analysis
Over the trailing one year, LIC MF Overnight Fund has recorded a return of about 5.3%, with a three-year return of 6.1% and a five-year return of 5.7%. Its annualised volatility is 0.1% — relatively low fluctuations — and its Sharpe ratio is -20.17, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.06%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 5.12 | 5.43 | 2.98 | 6.80 | 100% | 0% |
| 3Y | 5.33 | 5.61 | 3.68 | 6.47 | 100% | 0% |
| 5Y | 5.24 | 5.24 | 4.81 | 5.71 | 100% | 0% |
| 7Y | 5.10 | 5.10 | 5.10 | 5.10 | 100% | 0% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does LIC MF Overnight Fund invest in?
It invests primarily in securities maturing in a single business day.
How is this fund classified?
It is a Debt Scheme - Overnight Fund fund in the Debt group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.06% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Debt Scheme - Overnight Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mahindra Manulife Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.58 | 5.27 | 6.09 | 5.71 | – | 0.06 |
| Edelweiss Overnight Fund Debt Scheme - Overnight Fund | 0.42 | 1.29 | 2.60 | 5.27 | 6.05 | 5.65 | – | 0.06 |
| PGIM India Overnight Fund Debt Scheme - Overnight Fund | 0.41 | 1.25 | 2.52 | 5.16 | 6.04 | 5.67 | – | 0.14 |
| ITI Overnight Fund Debt Scheme - Overnight Fund | 0.39 | 1.21 | 2.46 | 5.02 | 5.86 | 5.51 | – | 0.11 |
| BANK OF INDIA OVERNIGHT FUND Debt Scheme - Overnight Fund | 0.44 | 1.30 | 2.80 | 5.52 | 6.23 | 5.83 | – | 0.08 |
| TRUSTMF Overnight Fund Debt Scheme - Overnight Fund | 0.41 | 1.26 | 2.54 | 5.16 | 6.03 | – | – | 0.06 |
| Samco Overnight Fund Debt Scheme - Overnight Fund | 0.38 | 1.21 | 2.45 | 4.99 | 5.86 | – | – | 0.11 |
| quant Overnight Fund Debt Scheme - Overnight Fund | 0.40 | 1.24 | 2.50 | 5.07 | 6.16 | – | – | 0.16 |
More funds from LIC
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| LIC MF Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund | -1.08 | 7.66 | 6.36 | 4.62 | 14.16 | 12.18 | 14.89 | 0.54 |
| LIC MF Banking and Financial Services Fund Sectoral/Thematic - Banking/Financial | 0.76 | 8.55 | 3.66 | 8.34 | 8.97 | 11.05 | 9.00 | 1.02 |
| LIC MF Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.54 | 1.89 | 3.33 | 6.69 | 7.18 | 6.56 | – | 0.24 |
| LIC MF Short Term Fund Income/Debt Oriented Schemes - Short Term Fund | 0.20 | 2.14 | 3.06 | 5.98 | 7.60 | 6.32 | – | – |
| LIC MF Ultra Short Term Fund Income/Debt Oriented Schemes - Ultra Short Term Fund | 0.65 | 2.15 | 3.84 | 6.84 | 7.26 | 6.30 | – | – |
| LIC MF Balanced Advantage Fund Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage | 0.05 | 7.13 | 6.27 | 4.61 | 8.93 | – | – | 0.77 |
| LIC MF Money Market Fund Debt Scheme - Money Market Fund | 0.66 | 2.23 | 3.74 | 6.81 | 6.85 | – | – | 0.14 |
| LIC MF Multi Cap Fund Equity Scheme - Multi Cap Fund | 0.24 | 8.69 | 13.92 | 12.40 | 18.12 | – | – | 0.48 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.