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.
CA from The ICAI and CS The ICSI Institute.
More than 8 years of Experience in Fixed Income.
Advantages of an Overnight Fund:
This product is suitable for investors who are seeking*:
The above Riskometer is based on the portfolio as on January 31, 2021
*Investor should consult their financial advisor if they are not clear about the suitability of the product.
Note: Annualized data for returns and Standard deviation as of Jan 16, 2019