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ITI Mutual Fund

ITI Overnight Fund

ITI Mutual Fund · Direct plan · Growth

3-year returns
5.8%
a year
NAV
₹1,394.50
▲ 0.03% · 20 Sept 2026
Fund size
₹14 Cr
Expense ratio
0.17%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹1,384.91 and has returned 5.73% a year over 3 years.

Returns, and where it stands

Against the average overnight fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year5%5.2%behind35 of 36
3 years5.8%6%behind32 of 32
5 years5.5%5.7%behind27 of 27
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.4%0.4%
3 months1.2%1.2%
6 months2.4%2.4%
1 year5%4.9%
2 yearsp.a.5.5%5.4%
3 yearsp.a.5.8%5.7%
5 yearsp.a.5.5%5.4%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Oct 2019.

Plan

NAV history

▲ 5% in the last 1Y

1,3291,3611,39420 Sept 202521 Mar 202620 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹15,522
XIRR (per year)
5.46%
Value today
₹1,95,522

36 monthly instalments from 24 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
0% a year
about the same as the overnight fund average
Years that made money
100%
Of every one-year stretch it has been through.
Over any three years
3.6% to 6.3%
A year, at worst and at best. Typically 5.3%.

Fund details

Minimum lumpsum
₹5,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
24 Oct 2019
Expense ratio
0.17%
as of 31 Jul 2026

Managed by Laukik Bagwe

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

ITI Overnight Fund against other funds in the Overnight Fund category
Fund1Y3Y5YExpenseFund size
Bank of India Overnight Fund5.5%6.21%5.84%0.08%₹109 Cr
Quant Overnight Fund5.06%6.13%0.19%₹58 Cr
Axis Overnight Fund5.3%6.1%5.75%0.09%₹11,325 Cr
Tata Overnight Fund5.3%6.1%5.74%0.09%₹4,571 Cr
Bajaj Finserv Overnight Fund5.33%6.09%0.12%₹653 Cr
Nippon India Overnight Fund5.28%6.09%5.74%0.1%₹8,548 Cr
ITI Overnight Fund5%5.83%5.52%0.17%₹14 Cr

About ITI Overnight Fund

ITI Overnight Fund is a overnight fund managed by ITI Mutual Fund. Invest in securities maturing in one day. Extremely low risk and returns close to the overnight interest rate; used to park money for a few days.

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.

The scheme's stated objective, as published by ITI Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth Option₹1,394.4955147713
DirectAnnual IDCW Option₹1,029.09147707
DirectDaily IDCW Option₹1,001.0002147708
DirectFortnightly IDCW Option₹1,002.6798147710
DirectMonthly IDCW Option₹1,004.0447147717
DirectWeekly IDCW option₹1,001.6476147711
RegularGrowth Option₹1,384.9121147714
RegularDaily IDCW Option₹1,000.9997147709
RegularFortnightly IDCW Option₹1,002.1669147716
RegularMonthly IDCW Option₹1,003.993147718
RegularWeekly IDCW Option₹1,001.6435147712

Frequently asked questions

What is the NAV of ITI Overnight Fund today?

The NAV of ITI Overnight Fund (Direct plan, Growth) is ₹1,394.4955 and the Regular plan NAV is ₹1,384.9121, as of 20 Sept 2026.

What returns has ITI Overnight Fund given?

Over the last year the Direct plan returned 5%, and 5.83% a year over 3 years and 5.52% a year over 5 years. That places it 32 of 32 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of ITI Overnight Fund?

The Direct plan charges 0.17% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in ITI Overnight Fund?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.

Which category does ITI Overnight Fund belong to?

It is a Overnight Fund from ITI Mutual Fund. Invest in securities maturing in one day. Extremely low risk and returns close to the overnight interest rate; used to park money for a few days.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from ITI Overnight Fund taxed?

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.