Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
ITI Overnight Fund - Direct Plan - Weekly IDCW option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 1/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 42/100 · Weak
How this score is calculated
- Star rating (35%)1/5
- 3Y CAGR (30%)5.84%
- Expense ratio (20%)0.17%
- AUM (15%)₹14 Cr
Not investment advice — an analytical read of public fund data. Methodology →
ITI Mutual Fund · Debt · Overnight
₹1,393.41
AUM: ₹14 Cr
NAV updated 14 days ago
Plan
Direct
Option
Idcw
Risk
Low
Expense Ratio
0.17%
Exit Load
Nil
Fund Manager
George Heber Joseph
Inception
Oct 2019
Benchmark
CRISIL Liquid Overnight Index
Sharpe Ratio
-11.25
Std Dev (1Y)
0.56%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.39%
3m
+1.2%
6m
+2.45%
1y
+5.01%
3y
+5.84%
5y
+5.51%
10y
—
since inception
+0.02%
TopFund's Take on ITI Overnight Fund - Direct Plan - Weekly IDCW option
ITI Overnight Fund - Direct Plan - Weekly IDCW option lags behind most of its peers in the Overnight category, currently carrying a 1-star rating. Returns have been soft relative to what the category has offered — worth checking if this is a temporary phase or a longer pattern. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 42/100.
Cost: At 0.17%, the expense ratio runs 55% above the Overnight category average of 0.11%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -11.25 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.56% is on the lower side for a Overnight fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about ITI Overnight Fund - Direct Plan - Weekly IDCW option
The current NAV (Net Asset Value) of ITI Overnight Fund - Direct Plan - Weekly IDCW option is ₹1393.41. NAV is updated every business day after market close by AMFI.
1Y: 5.01% · 3Y CAGR: 5.84% · 5Y CAGR: 5.51%
The expense ratio of ITI Overnight Fund - Direct Plan - Weekly IDCW option is 0.17% per annum. This is the annual fee charged by the fund to manage your investment.
ITI Overnight Fund - Direct Plan - Weekly IDCW option is managed by George Heber Joseph at ITI Mutual Fund.
ITI Overnight Fund - Direct Plan - Weekly IDCW option is classified as a Low risk fund. It is suitable for investors with a moderate risk appetite.
ITI Overnight Fund - Direct Plan - Weekly IDCW option is a Overnight fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in ITI Overnight Fund - Direct Plan - Weekly IDCW option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of ITI Overnight Fund - Direct Plan - Weekly IDCW option is ₹14 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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