Best Overnight Mutual Funds in India for SIP and Lumpsum 2024

Q: Are overnight funds a safe investment?

Yes, overnight funds are open-ended debt funds that invest in ultra-short-term debt instruments that mature in a day. These are one of the safest debt funds due to short maturity.

Q: Who should invest in overnight funds?

Overnight funds are suitable for investors looking to park funds temporarily for a very short term and serve as an alternative to fixed deposits or savings accounts.

Q: Can we withdraw money anytime from overnight funds?

Yes, overnight funds are highly liquid. You can withdraw your money anytime by placing a redemption request, and funds are credited to your account within 1-2 business days.

Q: What is the minimum investment in overnight funds?

You can start investing in overnight funds with an amount as low as Rs. 10.

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Frequently Asked Questions

Q1. Are overnight funds a safe investment?

Q2. Who should invest in overnight funds?

Q3. Can we withdraw money anytime from overnight funds?

Q4. What is the minimum investment in overnight funds?

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Astha Credit & Securities Pvt Ltd
NSE, BSE & MCX Sebi Reg No:
INZ000187932

For any grievance contact:
grievance@rupeezy.in
0755-4268599

Membership ID:
NSE - 12227 BSE-6844 MCX - 40000
NSDL-IN303420 CDSL-94500

For cyber attack incident reporting:
gyanesh@rupeezy.in
9669695615

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U65929MP2003PTC016241

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INH000013332

SEBI Depository Participant Reg No:
IN-DP-611-2021

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Awareness regarding guidelines regarding margin collection:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020
Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge
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All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
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Investment in the securities market is subject to market risks, read all the related documents carefully before investing.
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For commodities derivatives please note that Commodities Derivatives are highly leveraged instruments.
Before investing in the asset class consider your investment objectives, level of experience and risk appetite carefully.
Mutual fund investments are subject to market risks, read all scheme related documents carefully. Mutual Funds are not an approved product of the Exchanges and any dispute related to this will not be dealt at Exchange platform. ACSPL is a Mutual fund distributor/s registered for Mutual Funds.

Client Bank account Details:

Sr. No	Name of Bank Account	Bank Account Number	IFSC Code
1	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	00620340000150	HDFC0000062

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