ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl
Debt
Direct
Overnight
NAV: ₹ 1001.2 as on 27-09-2023
Fund Performance
About the Fund
ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 24 October, 2019. The fund is managed by Vikrant Mehta. This fund is suitable to keep your money safe.
Key Parameters
- ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl has ₹58 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.08% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹58 Cr |
 | 24 October, 2019 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 17.48% |
Fund Distribution as on (31-Dec-69)
Sector Allocation
Cash Equivalent
100%
ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 59.6 Cr as of Aug'23
- AUM increased by 39.5 Cr between Aug'23 and Jul'23
Peer Analysis
ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Vikrant Mehta
Fund Manager of ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl, since 18 January 2021
Top funds managed
Fund Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 4% since inception which is more than its category average return of 3.38%
AUM size ₹58 Cr
This fund has AUM of ₹58 Cr which is less than its category average of ₹ 3025 Cr
Expense Ratio 0.08%
This fund has an expense ratio of 0.08% which is less than its category average expense ratio of 0.14%
Frequently Asked Questions
The current NAV of ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl is ₹1001.18 as on 27-Sep-2023.
Existing (Absolute + CAGR) as on 27-Sep-2023.
ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 2.7% | 2.7% |
1 Year Returns | 6.29% | 6.29% |
3 Years Returns | 13.26% | 4.24% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.08% as on August 2023
₹58 Cr as on August 2023
Yield to Maturity is 6.65 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
Vikrant Mehta is the fund manager of ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of ITI Overnight Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl is 0%