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):
17.32
AAUM (in Rs. Cr):
37.62

Average Maturity:
3 Day
Macaulay Duration:
3 Day
Modified Duration:
3 Day
Yield To Maturity
(Regular & Direct) Plans :
6.35%
   

Regular Plan (in Rs.)
Direct Plan (in Rs.)
Growth
1,281.4744
1,288.4633
Daily IDCW
1,001.0000
NA
Weekly IDCW
1,001.4900
NA
Fortnightly IDCW
1,001.3439
NA
Monthly IDCW
1,001.0714
1,001.3295
Annual IDCW
1,201.6549
NA

Name of Instrument
Ratings
Market Value
(Rs. Lakhs)
% to NAV
Debt Instrument
Reverse Repo/TREPS
Clearing Corporation of India Ltd
NA
1710.40
98.74
Net Current Assets
NA
21.83
1.26
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
5.82%
6.22%
7.48%
10,011
10,012
10,014
Last 15 days
5.84%
6.24%
6.57%
10,024
10,026
10,027
Last 30 days
5.94%
6.29%
7.06%
10,046
10,048
10,054
Last 3 Months
6.13%
6.51%
6.74%
10,151
10,161
10,166
Last 6 Months
6.18%
6.53%
7.02%
10,307
10,324
10,348
Last 1 Year
6.32%
6.68%
7.50%
10,632
10,668
10,750
Last 3 Years
5.90%
6.25%
6.35%
11,878
11,997
12,029
Last 5 Years
4.74%
5.03%
5.62%
12,606
12,786
13,151
Since Inception
4.74%
5.03%
5.62%
12,815
13,002
13,402
Direct - Growth
Last 7 days
5.92%
6.22%
7.48%
10,011
10,012
10,014
Last 15 days
5.94%
6.24%
6.57%
10,024
10,026
10,027
Last 30 days
6.04%
6.29%
7.06%
10,046
10,048
10,054
Last 3 Months
6.23%
6.51%
6.74%
10,154
10,161
10,166
Last 6 Months
6.29%
6.53%
7.02%
10,312
10,324
10,348
Last 1 Year
6.43%
6.68%
7.50%
10,643
10,668
10,750
Last 3 Years
6.01%
6.25%
6.35%
11,915
11,997
12,029
Last 5 Years
4.84%
5.03%
5.62%
12,671
12,786
13,151
Since Inception
4.85%
5.03%
5.62%
12,885
13,002
13,402

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 February 28, 2025: Rs. 1281.4744 (Regular Growth Option), Rs. 1288.4633 (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)
25-12-2024 Regular Plan - Monthly IDCW Option
0.0714
0.0714
1001.0714
25-12-2024 Direct Plan - Monthly IDCW Option
5.1348
5.1348
1006.1348
27-01-2025 Regular Plan - Monthly IDCW Option
1.1429
1.1429
1002.1429
27-01-2025 Direct Plan - Monthly IDCW Option
5.7287
5.7287
1006.7287
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

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 February 28, 2025 unless otherwise specified.

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