October 28, 2026
mayank
ITI Overnight Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 1,400.70 |
| Monthly NAV IDCW (Rs.) | 1,004.65 |
| Weekly NAV IDCW (Rs.) | 1,002.36 |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 12 |
| Benchmark |
CRISIL Liquid Overnight Index
|
| AUM Rs. | 12 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.11% |
| 1 Year Return (%) | 5.00 |
| 3 Year Return (%) | 5.79 |
| 5 Year Return (%) | 5.56 |
| 10 Year Return (%) | — |
| Return Since Launch | 4.94% |
Suitable For Which Investors?
Overnight funds are suitable for:
1. Parking emergency corpus or idle money for capital preservation
2. Earning slightly higher returns than savings bank account, with low volatility
3. Investment horizon of up to 1 year
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
The Scheme seeks 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.
Fund Manager:
1) Laukik Bagwe
Education: Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience: Prior to joining ITI Mutual fund he has worked with DSP Mutual Fund, Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of ITI Overnight Fund
| Fund House | ITI Mutual Fund |
| Launch Date | 25-Oct-19 |
| Return Since Launch | 4.94% |
| Benchmark | CRISIL Liquid Overnight Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | 12 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.11% |
| (As on 30-Sep-2026) | |
| Risk Grade | Low |
| Return Grade | Low |
ITI Overnight Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ITI Overnight Dir | 4.00 | 0.03 | 0.44 | 1.23 | 2.47 | 5.00 | 5.79 | 5.56 | — | — |
| Debt: Overnight | 4.18 | 0.02 | 0.43 | 1.27 | 2.57 | 5.22 | 5.98 | 5.73 | — | — |
| Rank within category | 36 | 1 | 4 | 36 | 36 | 36 | 32 | 27 | — | — |
| Number of funds in category | 38 | 41 | 40 | 39 | 38 | 38 | 33 | 27 | 23 | 2 |
Peer Comparison of ITI Overnight Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| ITI Overnight Dir | 1 out of 5 stars | 5.00 | 5.79 | 5.56 | 0.11 | 12 | 4.94 | — | 6Y 11M |
| ICICI Pru Overnight Dir | 4 out of 5 stars | 5.26 | 6.01 | 5.74 | 0.07 | 12,280 | 5.18 | — | 7Y 11M |
| Axis Overnight Dir | 5 out of 5 stars | 5.28 | 6.05 | 5.79 | 0.06 | 10,855 | 5.17 | — | 7Y 7M |
| Kotak Overnight Dir | 4 out of 5 stars | 5.27 | 6.03 | 5.76 | 0.06 | 7,935 | 5.16 | — | 7Y 9M |
| Tata Overnight Dir | 5 out of 5 stars | 5.29 | 6.05 | 5.77 | 0.05 | 5,556 | 5.15 | — | 7Y 6M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | — | 4 |
| Macaulay Duration (yrs) | 0.00 | — |
| Average Maturity (yrs) | 0.00 | — |
| Yield to Maturity (%) | 4.99 | 5.14 |
| Avg Credit Rating | Cash | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
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