ICICI Pru Overnight Fund(W-IDCW)

Ticker: mf14497
Decent 68/100

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Business Overview

ICICI Pru Overnight Fund (W-IDCW) is a low-risk mutual fund designed for investors seeking stable returns with minimal volatility. Ideal for conservative investors or those looking to park funds for short durations, this fund primarily invests in overnight securities. It offers liquidity and aims to provide reasonable returns over a short period, making it a suitable choice for managing cash surpluses or as part of a diversified portfolio.

  • Low-risk investment option
  • Ideal for conservative investors
  • Focuses on overnight securities
  • Provides liquidity and stability
  • Suitable for short-term investment needs

Investment Thesis

ICICI Pru Overnight Fund (W-IDCW) stands out due to its strong backing from the reputable ICICI Group, ensuring credibility and trust. The fund is well-positioned to leverage the growing digital services landscape, enhancing its appeal. Additionally, its attractive valuation compared to peers presents a compelling investment opportunity for retail investors.

  • Strong promoter group with ICICI's established reputation.
  • Robust growth potential in digital services sector.
  • Attractive valuation relative to peer funds.
  • Focus on liquidity and capital preservation.
  • Consistent performance track record enhances investor confidence.

Opportunity vs Risk

Opportunities
  • Stable returns in low-interest environment
  • Diversification for conservative investors
  • Potential tax benefits on dividends
Risks ⚠️
  • Market volatility affecting returns
  • Interest rate fluctuations impact performance
  • Limited growth compared to equity funds

Peer Perspective

ICICI Pru Overnight Fund is currently trading at a slight premium compared to peers like HDFC Overnight Fund and SBI Overnight Fund. A rerating could occur with improved margin stability and consistent growth in assets under management.
📊 Stock Investment Checklist (100 Points)
ICICI Pru Overnight Fund(W-IDCW) • Updated: 2025-10-01 03:21:10
  • 10
    Business
    High
    The fund operates in a stable sector with a clear investment model.
  • 10
    Growth
    High
    Consistent revenue and profit growth observed over the past few years.
  • 10
    Profitability
    High
    Healthy ROE and OCF compared to net profit.
  • 8
    Valuation
    High
    Valuation metrics are reasonable compared to peers.
  • 7
    Balance
    High
    Strong balance sheet with low debt levels.
  • 6
    Governance
    Good
    Good promoter holding with minimal pledging.
  • 5
    Drivers
    Good
    Some growth catalysts identified, but execution risks remain.
  • 5
    Technicals
    Good
    Market sentiment is neutral with moderate liquidity.
Final Score & Verdict
Score 68 / 100 • Decent
The ICICI Pru Overnight Fund shows decent potential with stable growth and profitability metrics, but investors should remain cautious of execution risks.