Zerodha Fund House Launches Zerodha Overnight Fund
A Low-Risk Fund for Investors with
Short-Term Investment Needs
Mumbai, 19 March, 2025: Zerodha Fund House announced the
launch of the Zerodha Overnight Fund, an open-ended debt scheme investing in
overnight securities. It aims to cater to the increasing demand for low-risk,
short-term investment options and provides investors with more choices to
manage their liquidity effectively.
The scheme opens for subscription on 19 March 2025, and will close on 2nd April 2025.
On the launch Vishal Jain, CEO, Zerodha Fund House commented,
"By investing in overnight securities, we believe this fund will offer
investors a reliable and liquid option for managing their short-term financial
needs. The fund aligns with our mission to democratize investing and help
investors achieve their financial goals.”
Zerodha Overnight Fund is designed for investors who want to generate
returns in line with low risk while providing a high level of liquidity. The
scheme primarily invests in debt and money market securities with a maturity of
just one business day. With no exit load and NAV-based pricing, the fund allows
for seamless subscription and redemption, providing flexibility to investors
seeking short-term investment opportunities.
The Zerodha Overnight Fund aims to invest in instruments that carry low
interest rate and credit risk, making it ideal for conservative investors. The
fund will benchmark itself against the Nifty 1D Rate Index, which measures
returns generated by lending in the overnight market.
Investors can subscribe with a minimum investment of ₹100 during the
NFO, and in multiples of ₹1 thereafter. The fund will be available for
investment on all major mutual fund platforms.
About Zerodha Fund House:
Zerodha AMC is the Asset Management Company for the schemes of Zerodha Fund
House and a joint venture between Zerodha Broking Ltd and Smallcase
Technologies Pvt Ltd. Zerodha Fund House will enable a new generation of
investors to access the capital markets with the same principles of simplicity,
cost-effectiveness, and transparency to investment products as its parent
organizations. Learn more at https://www.zerodhafundhouse.com/
Disclaimer: This is not
investment advice or buy or sell recommendation. Readers should do their own
research and analysis or consult an investment adviser/s before investing in
schemes of mutual funds. Past performance may or may not sustain in future and
should not be used as a basis for comparison with other investments.
The Nifty indices
mentioned herein are owned by NSE Indices Limited. All information provided is
for informational purposes only.
MUTUAL FUND
INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS
CAREFULLY.
