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Category

Debt

Scheme Type

OPEN

Exit Load (%)

Min Inv

1,000.00

Incremental Inv

1,000.00

Open Date

Jul 01, 2026

Close Date

Jul 03, 2026

Nav Calculation

DAILY

Sub-category

Liquid Funds

Risk Level

Low

Fund Manager

Rochan Pattnayak

Repurchase/Redemption

Fund Objective

The objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

Notes

The investment objective of the Scheme is to generate returns through investments in debt and money market instruments having overnight maturity. The entire portfolio of the Scheme shall be invested in debt securities and money market instruments that mature on or before the next Business Day. In the case of securities carrying put and/or calls options (daily or otherwise), the residual maturity, whether deemed or actual, shall also be on or before the next Business Day. Investments under the Scheme will be made predominantly in Tri-Party Repos (TREPS), overnight reverse repos, and other fixed income securities or instruments with overnight maturity. The Scheme may also invest in liquid funds for the purpose of overnight deployment. As part of the fund management process, the Scheme may utilize derivative instruments such as Credit Default Swaps specified in the indicative table as per applicable regulatory provisions. Any use of derivatives shall be limited to purposes allowed under the prevailing regulations. While every effort will be made to achieve the investment objective of the Scheme, the AMC/Sponsor/Trustee do not provide any assurance or guarantee that the objective will be met. No guaranteed returns are offered under the Scheme.