Zerodha Mutual Fund launches Zerodha Overnight Fund

NFO period: 19^th March - 02^nd April, 2025

Highlights of the NFO:

• Scheme type - An open ended debt scheme investing in overnight securities. A Relatively Low Interest Rate Risk and Relatively Low Credit Risk.


• Investment objective - The investment objective of the Scheme is to generate 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 including TREPS (Tri-Party Repo).


• Product suitability - This product is suitable for investors who are seeking short Term savings. To generate returns by investing in debt and money market instruments with overnight maturity


• Minimum Application Amount - Rs. 100 and in multiples of Rs. 1/- thereafter.


• Plan/ Options available - The scheme offers only Direct Plan having Growth Option.


• Fund Managers - Mr. Kedarnath Mirajkar


• Benchmark - Nifty 1D Rate Index.