TRUSTMF Overnight Fund
An open-ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk.
All fund data shown here is for the Direct Plan : Growth Option. All data except NAV data is as on 31 Oct 2024
To view NAV data for other plans and options of this fund,
NAV
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Fund Size
₹ 311.26 Cr
As on 31 Oct 2024
Fund Rating
-
Minimum Investment
₹ 1000
Investment Objective
The investment objective of the Scheme is to provide reasonable returns commensurating with overnight call rates and providing a high level of liquidity, through investments in overnight securities having maturity/unexpired maturity of 1 business day. However, there can be no assurance that the investment objective of the scheme will be realized.
Fund Highlights
Investments in debt and money market securities having maturity/unexpired maturity of one business day
Returns in line with the overnight call/money market rates
Endeavor to offer high liquidity, low risk & minimal volatility
Fund Managers
Benchmark
Tier I Benchmark: CRISIL Liquid Overnight Index
Tier II Benchmark: -
Load Structure
Entry Load: NIL
Exit Load: NIL
Performance
Downloads
Product Suitability Label
This product is suitable for investors who are seeking:*
Regular income over short term that may be in line with overnight call rates with low risk and high level of liquidity.
Investment in debt and money market instruments with overnight maturity.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Riskometer
Scheme
Investors understand that their principal will be at Low risk
Benchmark
CRISIL Liquid Overnight Index
Potential Risk Class (PRC)
Credit Risk
Interest Rate Risk
Relatively Low (Class A)
Moderate (Class B)
Relatively High (Class C)
Relatively Low (Class I)
A-I
Moderate (Class II)
Relatively High (Class III)