ITI Overnight Fund Direct - Growth

Q: What are the returns of this mutual fund scheme?

The ITI Overnight Fund Direct - Growth is a 6 yrs 2 m old fund and has delivered average annual returns of 4.91% since inception. ITI Overnight Fund Direct - Growth Returns 1-Year 3-Year 5-Year Since Inception 5.7% 6.21% 5.22% 4.91%

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1342.299+0.01% 1 day change	4.91% p.a.	App exclusive #NA View Ranked Funds	₹11 Cr

Historical NAV & returns

NAV: ₹1342.299 as on Dec 04, 2025

This fund Category average

ITI Overnight Fund overview

Expense ratio	0.08% as on Nov 30, 2025
Exit load	0%
AUM (Fund size)	₹11 Cr
Lock-in Period	Nil
Age	6 yrs 2 m since Oct 09, 2019
Benchmark	CRISIL Liquid Overnight Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

ITI Overnight Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Dec 01, 2025

Period	This fund	Category average
1 Month	0.4%	0.42%
3 Months	1.28%	1.31%
6 Months	2.61%	2.68%
1 Year	5.7%	5.88%
2 Years	6.11%	6.3%
3 Years	6.21%	6.41%
4 Years	5.76%	5.92%
5 Years	5.22%	5.37%

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
ITI Overnight Fund	0.4%	2.61%	5.7%	6.21%	5.22%	N.A.
Mirae Asset Overnight Fund	0.42%	2.7%	5.92%	6.45%	5.41%	3.11%
HSBC Overnight Fund	0.42%	2.69%	5.92%	6.43%	5.41%	3.32%
PGIM India Overnight Fund	0.42%	2.66%	5.88%	6.41%	5.38%	3.17%
Bank of India Overnight Fund	0.43%	2.74%	6.02%	6.52%	5.47%	3.01%
Edelweiss Overnight Fund	0.41%	2.66%	5.85%	6.38%	5.33%	3.2%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ITI Overnight Fund	0.14	0.13	-1.22	-1.73
Mirae Asset Overnight Fund	0.15	0.14	0.38	0.55
HSBC Overnight Fund	0.15	0.13	0.3	0.47
PGIM India Overnight Fund	0.15	0.16	0.06	0.09
Bank of India Overnight Fund	0.14	0.14	0.87	1.2
Edelweiss Overnight Fund	0.14	0.13	-0.11	-0.18

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ITI Overnight Fund	N.A.	11 Cr	6 yrs 2 m	0.08%
Mirae Asset Overnight Fund	N.A.	1,570 Cr	6 yrs 1 m	0.08%
HSBC Overnight Fund	N.A.	4,258 Cr	6 yrs 6 m	0.06%
PGIM India Overnight Fund	N.A.	105 Cr	6 yrs 4 m	0.14%
Bank of India Overnight Fund	N.A.	54 Cr	5 yrs 10 m	0.08%
Edelweiss Overnight Fund	N.A.	158 Cr	6 yrs 4 m	0.11%

View all Overnight funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.04 vs. 1.46 Underperformed at beating benchmark
Sharpe	-1.22 vs. 1.39 Poor risk-adjusted returns
Beta	0.13 vs. 0.13 Less sensitive to market ups & downs
Standard deviation	0.14 vs. 0.1 More volatile performance

Compare ITI Overnight Fund in detail with

About this fund

About ITI Overnight Fund

ITI Overnight Fund Direct - Growth is a Overnight mutual fund scheme from Iti Mutual Fund. This fund has been in existence for 6 yrs 2 m, having been launched on 09/10/2019. ITI Overnight Fund Direct - Growth has ₹11 Crores worth of assets under management (AUM) as on 31/10/2025 and is small fund of its category. The latest Net Asset Value (NAV) of ITI Overnight Fund Direct - Growth as of 04/12/2025 is ₹1342.30. The fund has an expense ratio of 0.08%, which is close to what most other Overnight funds charge.

ITI Overnight Fund Direct - Growth returns of last 1-year are 5.71%. Since launch, it has delivered 4.93% average annual returns.
ITI Overnight Fund Direct - Growth scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.

...

Fund AUM

11 Cr as on Oct 31, 2025

Fund managers

Laukik Bagwe

Mr. Bagwe is a B.Com (H) and PGDBA (Finance) 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 objective

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.

ITI Mutual Fund details

No. of schemes	17 view all schemes
Total AUM	10,715 Cr as on Sep 30, 2025
Address	ITI Asset Mangement Limited, ITI House, Building no. 36, Dr. R. K. Shirodkar Marg, Parel, Mumbai, 400012
Email	mfassist@itiorg.com
Phone	022-66214999

More funds from ITI Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
ITI Banking & PSU Debt Fund	N.A.	36 Cr	7.75%	7.6%
ITI Dynamic Bond Fund	N.A.	117 Cr	5.16%	7.22%
ITI Ultra Short Duration Fund	N.A.	184 Cr	7.05%	7.22%
ITI Liquid Fund	N.A.	66 Cr	6.6%	6.84%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of ITI Overnight Fund Direct - Growth?

The current Net Asset Value (NAV) of the ITI Overnight Fund - Direct Growth plan is approximately ₹1342.299 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The ITI Overnight Fund Direct - Growth is a 6 yrs 2 m old fund and has delivered average annual returns of 4.91% since inception.

ITI Overnight Fund Direct - Growth Returns

1-Year	3-Year	5-Year	Since Inception
5.7%	6.21%	5.22%	4.91%

How much does this mutual fund charge as expense ratio?

The ITI Overnight Fund - Direct Growth has an expense ratio of 0.08%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The ITI Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 11 Cr as on Oct 31, 2025.

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The ITI Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	100.0%

What is risk level of ITI Overnight Fund?

This is a Overnight fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in ITI Overnight Fund Direct - Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for ITI Overnight Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the ITI Overnight Fund is complete.

How can I redeem my investments in ITI Overnight Fund?

Redeeming your investments in the ITI Overnight Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Overnight

#NA

Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.