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. Rajesh Bhatia (Since 15-Nov-24) Total Experience: 31 years

AUM (in Rs. Cr):
15.06
AAUM (in Rs. Cr):
16.11

Average Maturity:
1 Day
Macaulay Duration:
1 Day
Modified Duration:
1 Day
Yield To Maturity
(Regular & Direct) Plans :
6.38%
   

Regular Plan (in Rs.)
Direct Plan (in Rs.)
Growth
1,268.9846
1,275.6992
Daily IDCW
1,001.0000
NA
Weekly IDCW
1,001.0000
NA
Fortnightly IDCW
1,001.8987
NA
Monthly IDCW
1,002.1429
1,001.8771
Annual IDCW
1,189.9294
NA

Name of Instrument
Ratings
Market Value
(Rs. Lakhs)
% to NAV
Debt Instrument
Reverse Repo/TREPS
Clearing Corporation of India Ltd
NA
1456.00
96.67
Net Current Assets
NA
50.12
3.33
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
6.19%
6.64%
6.27%
10,012
10,013
10,012
Last 15 days
6.15%
6.63%
4.00%
10,025
10,027
10,016
Last 30 days
6.13%
6.59%
5.76%
10,050
10,054
10,047
Last 3 Months
6.15%
6.50%
6.40%
10,155
10,164
10,161
Last 6 Months
6.20%
6.53%
7.27%
10,313
10,329
10,367
Last 1 Year
6.37%
6.73%
7.43%
10,639
10,674
10,745
Last 3 Years
5.74%
6.08%
6.16%
11,824
11,941
11,967
Last 5 Years
4.69%
4.98%
5.57%
12,578
12,753
13,115
Since Inception
4.70%
4.98%
5.57%
12,690
12,868
13,248
Direct - Growth
Last 7 days
6.29%
6.64%
6.27%
10,012
10,013
10,012
Last 15 days
6.25%
6.63%
4.00%
10,026
10,027
10,016
Last 30 days
6.23%
6.59%
5.76%
10,051
10,054
10,047
Last 3 Months
6.25%
6.50%
6.40%
10,158
10,164
10,161
Last 6 Months
6.31%
6.53%
7.27%
10,318
10,329
10,367
Last 1 Year
6.47%
6.73%
7.43%
10,649
10,674
10,745
Last 3 Years
5.85%
6.08%
6.16%
11,860
11,941
11,967
Last 5 Years
4.79%
4.98%
5.57%
12,642
12,753
13,115
Since Inception
4.80%
4.98%
5.57%
12,757
12,868
13,248

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. Rajesh Bhatia (Since 15-Nov-2024). 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. IITI Overnight Fund NAV as on December 31, 2024: Rs. 1268.9846 (Regular Growth Option), Rs. 1275.6992 (Direct 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)
26-Oct-24
Regular Plan - Monthly IDCW Option
1.8571
1.8571
1002.8571
26-Oct-24
Direct Plan - Monthly IDCW Option
5.2053
5.2053
1006.2053
26-Nov-24
Regular Plan - Monthly IDCW Option
1.8571
1.8571
1002.8571
26-Nov-24
Direct Plan - Monthly IDCW Option
5.2111
5.2111
1006.2111
26-Dec-24
Regular Plan - Monthly IDCW Option
0.0714
0.0714
1001.0714
26-Dec-24
Direct Plan - Monthly IDCW Option
5.1348
5.1348
1006.1348

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 December 31, 2024 unless otherwise specified.

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