The investment objective of the scheme is to generate income commensurate with low risk and high liquidity by investing in overnight securities having residual maturity of 1 business day. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not assure or guarantee any returns.
BMS and MBA
13 years of experience in Fixed Income market domain, Investment strategy development.
Advantages of an Overnight Fund:
Scheme Riskometer:
The above Riskometer is based on the portfolio as on August, 2023.
This product is suitable for investors who are seeking*:
Benchmark Riskometer: CRISIL Liquid Overnight Index:
Benchmark Riskometer Nifty 50 Hybrid Composite Debt 50:50 Index TRI as on October 31, 2021.
Note: Annualized data for returns and Standard deviation as of Jan 16, 2019