| 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 Overnight Fund AI 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 |
| Fund Manager | Mr. Vikrant Mehta (Since 18-Jan-21) Total Experience: 28 years |
| AUM (in Rs. Cr): | 186.46 |
| AAUM (in Rs. Cr): | 48.63 |
| Average Maturity: | 1 Day |
| Macaulay Duration: | 1 Day |
| Modified Duration: | 1 Day |
| Yield to Maturity: | 5.35% |
Regular Plan
(in Rs.) |
Direct Plan
(in Rs.) |
|
| Growth | 1,100.8067 |
1,104.0613 |
| Daily IDCW | 1,001.0000 |
1,001.0000 |
| Weekly IDCW | 1,001.1416 |
1,001.1446 |
| Fortnightly IDCW | 1,001.7059 |
1,001.7046 |
| Monthly IDCW | 1,001.6906 |
1,001.7087 |
| Annual IDCW | 1,032.1571 |
1,097.0212 |
| Name of Instrument | Ratings |
Market Value (Rs. Lakhs) |
% to NAV |
| Debt Instrument | |||
| Reverse Repo/TREPS | |||
| Clearing Corporation of India Ltd | NA |
18540.00 |
99.43 |
| Net Current Assets | NA |
105.91 |
0.57 |
| Total Net Assets | 100.00 |
 |
Highest liquidity The fund provides highest liquidity within the fixed income mutual fund product segment with redemption on T+1 |
 |
Lowest risk fund Carries effectively least interest rate/mark to market risk & lowest credit default risk |
 |
Same day returns Enables investors to earn same day returns since purchase takes place on previous day's NAV |
 |
Efficient risk adjusted performance Positioned to deliver consistent and reasonable risk adjusted performance compared to traditional saving instruments |
 |
No lock in period & no exit load Offers overnight liquidity without any exit load |
Value of Investment of 10,000 |
||||||
| Period | Fund Returns (%) |
Benchmark Returns (%) |
Additional Benchmark Returns (%) |
Fund () |
Benchmark () |
Additional Benchmark () |
Regular - Growth |
||||||
Last 7 days |
4.99% |
5.30% |
3.62% |
10,010 |
10,010 |
10,007 |
Last 15 days |
4.93% |
5.24% |
4.37% |
10,020 |
10,022 |
10,018 |
Last 30 days |
4.83% |
5.17% |
4.88% |
10,040 |
10,043 |
10,040 |
Last 1 Year |
3.63% |
3.90% |
3.18% |
10,363 |
10,390 |
10,318 |
Since Inception |
3.42% |
3.64% |
4.45% |
11,008 |
11,073 |
11,322 |
Direct - Growth |
||||||
Last 7 days |
5.09% |
5.30% |
3.62% |
10,010 |
10,010 |
10,007 |
Last 15 days |
5.03% |
5.24% |
4.37% |
10,021 |
10,022 |
10,018 |
Last 30 days |
4.94% |
5.17% |
4.88% |
10,041 |
10,043 |
10,040 |
Last 1 Year |
3.75% |
3.90% |
3.18% |
10,375 |
10,390 |
10,318 |
Since Inception |
3.53% |
3.64% |
4.45% |
11,041 |
11,073 |
11,322 |
Past performance may or may not be sustained in future. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: CRISIL Overnight Fund AI Index # Additional Benchmark: CRISIL 1 Year T-Bill Index. Fund Manager: Mr. Vikrant Mehta from (January 18, 2021). 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.
Record Date |
Plan(s) Option(s) |
Individuals/ HUF (IDCW) (Rs per unit) |
Others (IDCW) (Rs per unit) |
Cum-IDCW NAV (Rs per unit) |
27-Jun-22 |
Regular Plan - Monthly IDCW Option |
3.6937 |
3.6937 |
1004.6937 |
27-Jun-22 |
Direct Plan - Monthly IDCW Option |
3.8041 |
3.8041 |
1004.8041 |
25-Jul-22 |
Regular Plan - Monthly IDCW Option |
3.5254 |
3.5254 |
1004.5254 |
25-Jul-22 |
Direct Plan - Monthly IDCW Option |
3.6148 |
3.6148 |
1004.6148 |
25-Aug-22 |
Regular Plan - Monthly IDCW Option |
4.0608 |
4.0608 |
1005.0608 |
25-Aug-22 |
Direct Plan - Monthly IDCW Option |
4.1714 |
4.1714 |
1005.1714 |
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.
Face Value per Unit: Rs. 1000 unless otherwise specified; CD - Certificate of Deposit; CP - Commercial Papers;
Data is as of August 31, 2022 unless otherwise specified
Mutual Fund investments are subject to market risks, read all scheme related documents carefully