Lakshya Mutual Fund launches Lakshya Overnight Fund

NFO period: 15^th Sep - 18^th Sep, 2026

Highlights of the NFO:

• Scheme type - An open-ended debt scheme investing in overnight securities. Relatively low-interest rate risk and low credit risk)


• Investment objective - The primary 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 one business day including TREPS (Tri- Party Repo) and Reverse Repo.


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


• Minimum Application Amount - Rs. 5,000 and in multiples of Re. 1 thereafter.


• Plan/ Options available - The Scheme offers Regular plan & Direct plan having only Growth Option.


• Fund Managers - Mr. Sarthak Shah


• Benchmark - CRISIL Liquid Overnight Index