ITI Overnight Fund

(An open ended debt scheme investing in overnight securities Relatively Low interest rate risk and relatively Low credit risk.)

CATEGORY OF SCHEME Overnight Fund
INVESTMENT OBJECTIVE The investment objective of the Scheme is 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. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Inception Date (Date of Allotment): 25-Oct-19
Benchmark: CRISIL Liquid Overnight Index
Minimum Application Amount: Rs. 5,000/- and in multiples of Rs. 1/- thereafter
Load Structure: Entry Load: Nil
Exit Load: Nil
Total Expense Ratio (TER):

Including Additional Expenses and Goods and Service Tax on Management Fees
Regular Plan: 0.18% Direct Plan: 0.08%
Fund Manager* Mr. Laukik Bagwe (Since 01-Feb-25)
Total experience: 25 years

AUM (in Rs. Cr):
40.76
AAUM (in Rs. Cr):
26.41

Average Maturity:
2 Day
Macaulay Duration:
2 Day
Modified Duration:
2 Day
Yield To Maturity
(Regular & Direct) Plans :
5.96%
   

Regular Plan (in Rs.)
Direct Plan (in Rs.)
Growth
1,293.8294
1,301.1022
Daily IDCW
1,001.0000
NA
Weekly IDCW
1,001.1573
NA
Fortnightly IDCW
1,001.6364
NA
Monthly IDCW
1,001.0714
1,001.6179
Annual IDCW
NA
NA

Name of Instrument
Ratings
Market Value
(Rs. Lakhs)
% to NAV

Debt Instrument

Reverse Repo/TREPS

Clearing Corporation of India Ltd

NA

4027.34

98.81

Net Current Assets

NA

48.42

1.19

Total Net Assets

100.00

Value of Investment of 10,000
Period
Fund Returns (%)
Benchmark Returns (%)
Additional Benchmark
Returns (%)
Fund
()
Benchmark ()
Additional Benchmark ()
Regular - Growth
Last 7 days
5.49%
5.80%
7.88%
10,011
10,011
10,015
Last 15 days
5.45%
5.79%
8.15%
10,022
10,024
10,034
Last 30 days
5.58%
5.85%
11.83%
10,046
10,048
10,097
Last 3 Months
5.84%
6.16%
8.71%
10,142
10,150
10,212
Last 6 Months
6.05%
6.41%
7.86%
10,300
10,318
10,390
Last 1 Year
6.23%
6.59%
7.86%
10,623
10,659
10,786
Last 3 Years
6.04%
6.40%
6.65%
11,927
12,048
12,131
Last 5 Years
4.83%
5.13%
5.45%
12,661
12,847
13,043
Since Inception
4.78%
5.06%
5.75%
12,938
13,133
13,613
Direct - Growth
Last 7 days
5.59%
5.80%
7.88%
10,011
10,011
10,015
Last 15 days
5.55%
5.79%
8.15%
10,023
10,024
10,034
Last 30 days
5.68%
5.85%
11.83%
10,047
10,048
10,097
Last 3 Months
5.94%
6.16%
8.71%
10,145
10,150
10,212
Last 6 Months
6.15%
6.41%
7.86%
10,305
10,318
10,390
Last 1 Year
6.34%
6.59%
7.86%
10,634
10,659
10,786
Last 3 Years
6.15%
6.40%
6.65%
11,963
12,048
12,131
Last 5 Years
4.94%
5.13%
5.45%
12,725
12,847
13,043
Since Inception
4.89%
5.06%
5.75%
13,011
13,133
13,613

Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. In case, the start / end date of the concerned period is a non-business date (NBD), the NAV of the previous date is considered for computation of returns. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: CRISIL Liquid Overnight Index Additional Benchmark: CRISIL 1 Year T-Bill Index. Fund Manager: Mr. Laukik Bagwe (Since 01-Feb-25). Returns less than 1 year period are simple annualized and greater than 1 year are compounded annualized. Inception date of the scheme (25-Oct-19) Face Value per unit: Rs. 1000. ITI Overnight Fund NAV as on April 30, 2025: Rs. 1293.8294 (Regular Plan Growth Option), Rs. 1301.1022 (Direct Plan Growth Option)

Record Date
Plan(s) Option(s)
Individuals/ HUF (IDCW)
(Rs per unit)
Others (IDCW)
(Rs per unit)
Cum-IDCW NAV
(Rs per unit)
25-02-2025 Regular Plan - Monthly IDCW Option
0.0714
0.0714
1001.0714
25-02-2025 Direct Plan - Monthly IDCW Option
4.8314
4.8314
1005.8314
25-03-2025 Regular Plan - Monthly IDCW Option
0.0714
0.0714
1001.0714
25-03-2025 Direct Plan - Monthly IDCW Option
4.5944
4.5944
1005.5944
25-04-2025 Regular Plan - Monthly IDCW Option
1.8571
1.8571
1002.8571
25-04-2025 Direct Plan - Monthly IDCW Option
4.9381
4.9381
1005.9381

Pursuant to payment of IDCW, the NAV of the IDCW Option (s) of the Scheme/Plan (s) falls to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For complete list of IDCW, visit www.itiamc.com.

THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^

  • Regular income with low risk and high level of liquidity
  • Investment in money market and debt instruments with overnight maturity

^Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Riskometer of the Scheme
Riskometer of the Primary Benchmark
CRISIL Liquid Overnight Index

Face Value per Unit: Rs. 1000 unless otherwise specified
Data is as of April 30, 2025 unless otherwise specified.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully