These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
The Scheme seeks to provide reasonable returns commensurate with very low interest rate risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day.
Expense Ratio | 0.05 % |
Launched 5Y ago | 2019-03-15 |
AUM in Crores | 8626.4 |
ISIN | INF846K01N65 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 1D Rate Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.4 |
Beta | 0.7 |
Sharpe Ratio | -0.2 |
YTM | - |
Others
95.6%Reserve Bank of India
2.68%Reserve Bank of India
1.53%Reserve Bank of India
0.61%Others
-0.43%Fund Name | Fund Size | |
---|---|---|
₹ 14,929 cr | ||
₹ 22,772 cr | ||
₹ 16,348 cr | ||
₹ 4,675 cr | ||
₹ 14,738 cr |