Money Market Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
0%
Asset Size
156.18 Cr.
(As of 15 Jan, 2023)
Benchmark
CRISIL Money Market TR INR
Riskometer
Investors understand that their principal will be at Risk.
The primary objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market instruments.
Fund manager
Alok Sahoo
Exit load
N / A
Minimum sip
₹500
Minimum investment
₹5000
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Money Market Mutual Funds invest in high quality and ultra safeliquid instruments like commercial papers, treasury bills (T-Bills), Repurchase Agreements (Repos) and Certificate of Deposits. With an average maturity of one year, Money Market Mutual Funds are used to manage short-run cash needs and deals only in either cash or cash equivalents. Its main aim is to keep the fluctuations in the fund’s NAV to a minimum
This fund is rated 1 stars by Morning Star Ratings.