360 ONE Mutual Fund launches 360 ONE Overnight Fund

NFO period: 01^st July - 09^th July, 2025

Highlights of the NFO:

• Scheme type - An open-ended debt scheme investing in overnight securities. A relatively low interest risk & relatively low credit risk.


• Investment objective - 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. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.


• Product suitability - This product is suitable for investors who are seeking regular income with high levels of safety and liquidity over short term. Investment in debt and money market instruments with overnight maturity.


• Minimum Application Amount - Rs. 5000 and in multiples of Re. 1 thereafter.


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Milan Mody & Mr. Manumaharaj Saravanaraj


• Benchmark - Tier I benchmark is NIFTY 1D Rate Index