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 generate reasonable income, with low risk and high level of liquidity from a portfolio of overnight securities having a maturity of one day.
Expense Ratio | 0.06 % |
Launched | - |
AUM in Crores | 3571.8 |
ISIN | INF789FB1S71 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Liquid Overnight Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.3 |
Beta | 0.5 |
Sharpe Ratio | -0.2 |
YTM | - |
Others
94.63%Reserve Bank of India
2.65%Reserve Bank of India
1.33%Reserve Bank of India
1.32%Clearing Corporation of India
0.07%Fund Name | Fund Size | |
---|---|---|
₹ 4,818 cr | ||
₹ 9,709 cr | ||
₹ 49,517 cr | ||
₹ 14,948 cr | ||
₹ 7,671 cr |