The ICICI Pru Overnight Fund - Direct Plan is designed for investors seeking a low-risk investment option with high liquidity. It primarily invests in overnight securities, making it ideal for those looking to park their funds safely while earning reasonable returns. This scheme is particularly suitable for conservative investors and those with short-term financial goals. By choosing this fund, you can benefit from a stable investment avenue with minimal volatility, ensuring your capital remains protected while still generating returns.

Low-risk investment option
High liquidity for easy access
Ideal for conservative investors
Focus on overnight securities
Suitable for short-term financial goals
Stable returns with minimal volatility

Investment Thesis

ICICI Pru Overnight Fund stands out due to its robust backing from the reputable ICICI Group, ensuring credibility and trust. The fund is well-positioned to leverage the growing digital services sector, enhancing accessibility for investors. Additionally, it offers attractive valuations compared to peers, making it a compelling choice for retail investors seeking stable returns.

Strong backing from the reputable ICICI Group enhances credibility.
Significant growth potential in digital services for improved investor access.
Attractive valuation compared to peer funds, offering better return potential.
Focus on overnight liquidity makes it ideal for conservative investors.
Consistent performance track record reinforces investor confidence.

Opportunity vs Risk

Opportunities

Stable returns in low-risk environment
Potential for capital appreciation
Diversification for conservative investors
Tax benefits on long-term investments

Risks ⚠️

Market volatility may affect returns
Interest rate fluctuations impact performance
Limited growth compared to equities
Redemption may be subject to fees

Peer Perspective

ICICI Pru Overnight Fund trades at a slight premium compared to peers like HDFC Overnight Fund and SBI Overnight Fund. A rerating could occur if margin stability is maintained amid rising interest rates.

📊 Stock Investment Checklist (100 Points)

ICICI Pru Overnight fund-Direct Plan-Unclaimed Redemption Stable Scheme • Updated: 2025-09-29 13:43:13

10

Business
High

The sector is stable but lacks significant growth potential.
10

Growth
High

Revenue growth is inconsistent, with fluctuations in profit margins.
8

Profitability
High

ROE and ROCE are below industry averages, indicating weaker profitability.
9

Valuation
High

Valuation metrics are average compared to peers, suggesting limited upside.
6

Balance
Good

Debt levels are manageable, but liquidity is a concern.
7

Governance
High

Promoter holding is stable, but there are some concerns regarding disclosures.
5

Drivers
Good

Limited growth drivers and potential execution risks.
1

Technicals
Low

Market sentiment is weak, with low liquidity and negative price action.

Final Score & Verdict

Score 48 / 100 • Risky

The fund shows several weaknesses in growth and profitability, making it a risky investment at this time.