The primary 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 including TREPS (Tri-Party Repo) and Reverse Repo. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Convenient 1 Day Investments
- By investing in Overnight Securities the scheme endeavours to generate relatively stable return
- No exit load for any investment period
Will invest in debt &money market instruments with
Ease Of Redemption
- Redemption on T+1 basis under normal circumstances^
^ As per the SEBI (Mutual Funds) Regulations, 1996, the redemption or repurchase proceeds shall be dispatched within 10 working days from the date of redemption or repurchase