Income-oriented debt or money-market exposure
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.
Investors matching the scheme's duration and credit profile to their time horizon.
Interest-rate, credit, liquidity and reinvestment risk; debt funds are not fixed deposits.
How the money may be invested
Debt and Money Market Instruments maturing on or before the next Business Day (including Tri-party Repo and equivalent) 0%-100%
- SEBI category
- Overnight Fund
- Fund type
- An open ended debt scheme investing in overnight securities. Relatively Low interest rate risk and relatively Low credit risk.
- Primary benchmark
- CRISIL Liquid Overnight Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Laukik Bagwe
- Manager tenure on this scheme
- Since Mr. Laukik Bagwe - 01-Feb-2025
- Role / co-management
- Mr. Laukik Bagwe - Fund manager and Head - Fixed Income
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| ITI Overnight Fund - Direct Plan - Annual IDCW Option | ₹1,029.0900 | 24 Aug 2026 |
| ITI Overnight Fund - Direct Plan - Daily IDCW Option | ₹1,001.0010 | 06 Sep 2026 |
| ITI Overnight Fund - Direct Plan - Fortnightly IDCW Option | ₹1,002.6798 | 24 Aug 2026 |
| ITI Overnight Fund - Direct Plan - Growth Option | ₹1,392.0883 | 06 Sep 2026 |
| ITI Overnight Fund - Direct Plan - Monthly IDCW Option | ₹1,002.3134 | 06 Sep 2026 |
| ITI Overnight Fund - Direct Plan - Weekly IDCW option | ₹1,001.5531 | 06 Sep 2026 |
| ITI Overnight Fund - Regular Plan - Daily IDCW Option | ₹1,001.0001 | 06 Sep 2026 |
| ITI Overnight Fund - Regular Plan - Fortnightly IDCW Option | ₹1,002.3715 | 06 Sep 2026 |
| ITI Overnight Fund - Regular Plan - Growth Option | ₹1,382.5627 | 06 Sep 2026 |
| ITI Overnight Fund - Regular Plan - Monthly IDCW Option | ₹1,002.2911 | 06 Sep 2026 |
| ITI Overnight Fund - Regular Plan - Weekly IDCW Option | ₹1,001.5459 | 06 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.24%, Direct 0.17%
- Exit load
- Nil
- Minimum application
- 5000 · multiples of 1
- SIP frequency
- SIP-Daily/Weekly/Monthly, STP- Daily/Weekly/Monthly/Quarterly, SWP- Monthly/ Quarterly
- Minimum SIP amount
- SIP-Daily: Rs. 500/-/ Weekly and Monthly:Rs. 500/- or Rs. 1000/-, STP- Rs. 500/-, SWP- Rs. 1000/-
- Minimum instalments
- SIP-Daily- 30 ; Weekly/Monthly -12 or 6, STP-Daily-30; Weekly /Monthly/Quarterly -2, SWP- Monthly/Quarterly-2
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.