INVESTMENT STYLE:

Investment in overnight securities having maturity of 1 day.

INVESTMENT 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. The scheme does not assure or guarantee any returns.

DATE OF ALLOTMENT:

March 27,2019

FUND MANAGER(S)

Amit Somani (Managing Since 25-Mar-19 and overall experience of 22 years)

BENCHMARK:

CRISIL Liquid Overnight Index (AI)

NAV

Direct - IDCW	: 1000.0016
Direct - Growth	: 1277.0881
Regular - IDCW	: 1000.0016
Regular - Growth	: 1269.8352
FUND SIZE
Rs. 3907.60 (Rs. in Cr.)
MONTHLY AVERAGE AUM
Rs. 3558.71 (Rs. in Cr.)
EXPENSE RATIO**
Direct	0.06
Regular	0.18
**Note: The rates specified are actual month end expenses charged as on May 31, 2024. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes, borrowing cost, wherever applicable.

VOLATILITY MEASURES^	FUND	BENCHMARK
Std. Dev (Annualised)	0.43	0.42
Portfolio Beta	0.98	NA
R Squared	1.00	NA
Treynor	-0.13	NA
Jenson	-0.02	NA
Portfolio Macaulay Duration	:	3 Days
Modified Duration	:	3 Days
Average Maturity	:	3 Days
Annualized Yield to Maturity (For Debt Component)*
- Including Net Current Assets	:	6.71%
*Computed on the invested amount for debt portfolio
^Risk-free rate based on the FBIL Overnight MIBOR rate of 6.76% as on May 31, 2024 For calculation methodology

MINIMUM INVESTMENT/
MULTIPLES FOR NEW INVESTMENT:

Rs. 5,000/- and in multiples of Re. 1/- thereafter.

ADDITIONAL INVESTMENT/
MULTIPLES FOR EXISTING INVESTORS:

Rs. 1,000/- and multiples of Re. 1/- thereafter.

LOAD STRUCTURE:

ENTRY LOAD	Not Applicable
EXIT LOAD	Nil

Please refer to our Tata Mutual Fund website for fundamental changes, wherever applicable