| 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): | 35.25 |
| AAUM (in Rs. Cr): | 84.14 |
| Average Maturity: | 1 Day |
| Macaulay Duration: | 1 Day |
| Modified Duration: | 1 Day |
| Yield to Maturity: | 6.04% |
Regular Plan
(in Rs.) |
Direct Plan
(in Rs.) |
|
| Growth | 1,110.7160 |
1,114.1805 |
| Daily IDCW | 1,001.0000 |
1,001.0000 |
| Weekly IDCW | 1,001.7996 |
1,001.8107 |
| Fortnightly IDCW | 1,001.8155 |
1,001.8106 |
| Monthly IDCW | 1,001.7998 |
1,001.8141 |
| Annual IDCW | 1,041.4556 |
1,107.1657 |
| Name of Instrument | Ratings |
Market Value (Rs. Lakhs) |
% to NAV |
| Debt Instrument | |||
| Reverse Repo/TREPS | |||
| Clearing Corporation of India Ltd | NA |
3392.00 |
96.23 |
| Net Current Assets | NA |
132.86 |
3.77 |
| 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 | 5.81% |
6.15% |
6.15% |
10,011 |
10,012 |
10,012 |
| Last 15 days | 5.81% |
6.14% |
7.68% |
10,024 |
10,025 |
10,032 |
| Last 30 days | 5.76% |
6.06% |
3.92% |
10,047 |
10,050 |
10,032 |
| Last 1 Year | 4.05% |
4.33% |
3.40% |
10,405 |
10,433 |
10,340 |
| Last 3 Years | 3.52% |
3.76% |
4.37% |
11,094 |
11,171 |
11,370 |
| Since Inception | 3.54% |
3.76% |
4.38% |
11,107 |
11,180 |
11,383 |
Direct - Growth |
||||||
| Last 7 days | 5.91% |
6.15% |
6.15% |
10,011 |
10,012 |
10,012 |
| Last 15 days | 5.91% |
6.14% |
7.68% |
10,024 |
10,025 |
10,032 |
| Last 30 days | 5.87% |
6.06% |
3.92% |
10,048 |
10,050 |
10,032 |
| Last 1 Year | 4.16% |
4.33% |
3.40% |
10,416 |
10,433 |
10,340 |
| Last 3 Years | 3.63% |
3.76% |
4.37% |
11,129 |
11,171 |
11,370 |
| Since Inception | 3.65% |
3.76% |
4.38% |
11,142 |
11,180 |
11,383 |
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) |
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 |
26-Sep-22 |
Regular Plan - Monthly IDCW Option |
4.3698 |
4.3698 |
1005.3698 |
26-Sep-22 |
Direct Plan - Monthly IDCW Option |
4.4757 |
4.4757 |
1005.4757 |
25-Oct-22 |
Regular Plan - Monthly IDCW Option |
4.5375 |
4.5375 |
1005.5375 |
25-Oct-22 |
Direct Plan - Monthly IDCW Option |
4.6281 |
4.6281 |
1005.6281 |
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 October 31, 2022 unless otherwise specified
Mutual Fund investments are subject to market risks, read all scheme related documents carefully