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NFO Details
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Company  Choice AMC Pvt. Ltd.
Scheme Name  Choice Overnight Fund(G)-Direct Plan
Scheme Type  Open ended scheme
Theme  
Benchmark Index  CRISIL Liquid Overnight Index
Fund Manager  Rochan Pattnayak
Category  Debt - Overnight Fund
Initial Offer Price (Rs.)  100
Minimum Investment (Rs.)  1000
Additional Investment (Rs.)  1000
Objective  The objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Max Entry Load%:  
Max Exit Load%:  0
Option Type  Growth, IDCW
Investment Pattern
TypeMinMax
Debt & money market instruments maturing on or before next business day Overnight funds can deploy, not exceeding, 5% of the net assets of the scheme in G-secs and/or T-bills with a residual maturity of up to 30 days for the purpose of placing the same as margin and collateral for certain transactions0100
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