Data As On 31 January 2021


  • Fund Type : An open ended debt scheme investing in overnight securities
    Entry Load : NA
    Date of Allotment : January 28, 2020
    Features : Liquity SIP Shield SIP SWP STP
  • Benchmark : CRISIL Overnight Index
    Exit Load :

Investment Objective

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.

Fund Manager

  • Mr. Amit Modani

    CA from The ICAI and CS The ICSI Institute.

    Amit Modani
    See detail

Fund Highlights

Advantages of an Overnight Fund:

  • High Liquidity: Fund stands to provides highest liquidity within the Fixed Income mutual Fund Product segment with redemption on T+1 basis
  • No Lock in Period and No Exit Load: It offers overnight liquidity without any exit load
  • Lowest Risk Fund: This Fund category has lowest mark to market risk and lowest credit default risk
  • Stable returns: Fund is positioned to deliver consistent returns compared to other Fixed Income instruments
  • Click here for KIM
  • Click here for SID


This product is suitable for investors who are seeking*:


    The above Riskometer is based on the portfolio as on January 31, 2021

  1. Income over short term with low risk and high liquidity
  2. Investments in overnight securities having residual maturity of 1 business day.

*Investor should consult their financial advisor if they are not clear about the suitability of the product.

Who Should Invest

  1. Investors seeking high liquidity and low volatility in their investment
  2. Investors looking for overnight parking of surplus funds
  3. Investors who are looking for systematic transfer plan to equity schemes

Note: Annualized data for returns and Standard deviation as of Jan 16, 2019