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Category

Debt

Scheme Type

OPEN

Exit Load (%)

Min Inv

5,000.00

Incremental Inv

1,000.00

Open Date

Sep 03, 2026

Close Date

Sep 07, 2026

Nav Calculation

DAILY

Sub-category

Liquid Funds

Risk Level

Low

Fund Manager

Sanjay Motta

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. 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 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.

Monarch Overnight Fund - Regular (IDCW-M) FAQs

To start a Systematic Investment Plan (SIP) in the Monarch Overnight Fund - Regular (IDCW-M) using ICICI Direct, log into your account and navigate to the Mutual Funds section. select the scheme, choose the SIP option, enter your monthly amount and debit date, and confirm to place your order.

To invest in a Monarch Overnight Fund - Regular (IDCW-M) scheme you can either choose SIP or lumpsum mode of investment. To select the right scheme based on your investment goals, navigate to the NFO section on ICICI Direct.

The open date for Monarch Overnight Fund - Regular (IDCW-M) is Sep 03, 2026 and close date is Sep 07, 2026.