|Min SIP Amount||₹500|
|NAV||₹1037.82 (29 Oct 2020)|
|Fund Started||28 Oct 2019|
|Fund Size||₹15 Cr|
ITI Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by ITI Mutual Fund. This scheme was made available to investors on 28 Oct 2019. George Heber Joseph is the Current Fund Manager of ITI Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹15 Cr and the Latest NAV as of 29 Oct 2020 is ₹1037.82.
The ITI Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.