• Mutual Funds
  • ITI Mutual Fund
  • ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D)

Formerly ITI Overnight Reg Fortn DR

ITI Mutual Fund

ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D)

DebtOvernight

1002.2452

NAV (Jan 24)

2.9%
Till Date CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in overnight mutual funds.

However, Scripbox does not recommend investing in overnight mutual funds.

Overnight Funds invest in securities with a maturity of 1 day.

These investments have very low interest rate risk; however this also reduces return.

The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

3 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.

Relative Size

42 Cr. Negligible within the category

Impact of Interest Rate Changes

Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

Invest in this fund
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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment

No single fund can achieve what a plan can. Learn why

Historical NAV

1002.2452

NAV (Jan 24)

Fund Returns

Last 1Y

2.7%

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

2.9%

6 Month CAGR

1.6%

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Scheme Information

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.

Expense Ratio

0.18

Launched (3y ago)

Oct 24, 2019

AUM in Crores

41.265

ISIN

INF00XX01507

Lock-in

No Lock-in

Benchmark

CRISIL Overnight Index TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

George Joseph

Fund Manager

user-avatar

Rohan Korde

Fund Manager

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Vikrant Mehta

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)
Kotak Savings Fund (G)

₹ 11,746 cr

5

₹ 36,350 cr

5

₹ 9,578 cr

5

₹ 29,495 cr

5

₹ 26,926 cr

5

amc-icon

About the AMC

ITI Asset Management Limited

ITI Asset Management Limited manages assets worth 2,690 crores and was set up on 10 January 2008. It's current offering of mutual fund schemes includes 14 equity,21 debt and 6 hybrid funds.

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  • tel-amc-about
    022-66214998
  • mail-amc-about
    mfassist@itiorg.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    -

    18.7%

    -

    3.7%

    -

    2.5%

    -

    3%

    -

    3.2%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D) Review

    ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D) is a Overnight Debt fund and has delivered an annualised return of 2.9% over a period of 2 years. The fund was previously known as ITI Overnight Reg Fortn DR. The fund is managed by ITI Asset Management Limited. The fund managers are George Joseph, Rohan Korde, Vikrant Mehta.

    Nav of ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D) as of 24/01/2022 is ₹1002.25 with the total AUM as of 25/01/2022 is ₹41.265. With Scripbox you can compare and check the latest nav for all mutual funds in India. ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D) was launched on Oct 24, 2019. The category risk of the fund is Low Risk.

    The minimum SIP amount for ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Overnight Index TR INR.

    ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D) is rated as a 2 fund in Debt and delivered 2.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D).

    Frequently Asked Questions

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    Is ITI Overnight Fund Inc Dist cum Cap Wdrl (RIDCW-15D) good to invest in?

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