360 ONE MF introduces Overnight Fund
360 ONE Mutual Fund has launched 360 ONE Overnight Fund, an open-ended debt scheme investing in overnight securities with relatively low interest risk & relatively low credit risk. The NFO opens for subscription on July 01, 2025 and closes on July 09, 2025. The Entry Load is not applicable and Exit Load is nil for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re. 1 thereafter.
The performance of the Scheme will be benchmarked with NIFTY 1D Rate Index and its fund managers are Milan Mody and Manumaharaj Saravanaraj.
The investment objective of the Scheme is to generate reasonable returns commensurate with low risk and providing high level of liquidity, through investments made in debt and money market securities having maturity of 1 business day.
