ITI Overnight Fund Regular-IDCW Yearly

ITI Overnight Fund Regular-IDCW Yearly is a scheme launched by ITI Mutual Fund on October 29, 2019, and falls under the Overnight fund category. It currently manages an AUM of Rs 30.9 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.18% for managing the portfolio.

• Investing Strategy:

  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

• Performance:

  ITI Overnight Fund Regular-IDCW Yearly trailing returns over different times are 6.31% (1 year), 5.95% (3 year) and 3.41% (5 year). The average annual return of this fund stands at 1.25%.