(As of 30 Apr, 2019)
The investment objective of the scheme is to generate income by investing in a porfolio comprising of Money Market instruments having maturity up to one year
(since 26 Sep, 2018)
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 0 stars by Morning Star Ratings.
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