Latest news with #RaghavIyengar
Time of India
5 days ago
- Business
- Time of India
360 ONE Overnight Fund collects Rs 200 crore during NFO period
360 ONE Mutual Fund has announced the successful close of the New Fund Offer (NFO) for its newly launched 360 ONE Overnight Fund , having garnered over Rs 200 crore during the subscription period. The new fund offer or NFO of the fund was open from July 1 to July 9. The open-ended debt scheme, which invests in overnight securities, received interest from a wide base of investors, including corporates, HNIs, and individual investors looking for efficient short-term deployment of surplus funds. Also Read | HDFC Defence Fund picks up smallcap stock that surged 300% in 3 years Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gold Is Surging in 2025 — Smart Traders Are Already In IC Markets Learn More Undo According to the fund house, the encouraging response reflects investor preference for low-risk, high-liquidity solutions. The fund reopened for continuous sale and repurchase from July 14, with no exit load and a minimum investment amount of Rs 5,000 (and in multiples of Re 1 thereafter). Live Events 'We are pleased with the encouraging investor response to the 360 ONE Overnight Fund. This validates the market's appetite for simple, low-risk, and liquid investment avenues—especially in uncertain or transitional market phases. Our commitment remains to offer intelligent solutions across time horizons and risk appetites," said Raghav Iyengar, CEO, 360 ONE Asset. The 360 ONE Overnight Fund primarily invests in debt and money market instruments such as TREPs, reverse repos, treasury bills, certificates of deposit, and commercial papers—all with overnight maturities. It is suited for investors with a time horizon of one day to one month, who seek daily liquidity and reasonable returns over the short term without undue complexity. Also Read | Vishal Mega Mart, Tech Mahindra among stocks that HDFC Mutual Fund bought and sold in June With this successful fund raise, 360 ONE Asset further strengthens its position as a provider of innovative yet prudent fixed income solutions, tailored for the evolving needs of Indian investors. The fund is suitable for investors seeking regular income with high levels of safety and liquidity over short term and investment in debt and money market instruments with overnight maturity.
Time of India
01-07-2025
- Business
- Time of India
NFO Alert: 360 ONE Mutual Fund launches overnight fund
360 ONE Asset Management has announced the launch of the 360 ONE Overnight Fund , an open-ended debt scheme investing in overnight securities. The New fund offer or NFO of the fund is open for subscription and will close on July 9. The scheme reopens for continuous sale and repurchase from July 14. Also Read | JioBlackRock Overnight Fund opens for subscription. Who should invest? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo This fund is designed to offer investors a prudent solution for managing short-term surplus funds while balancing safety, liquidity, and reasonable returns over the short term, according to a press release. The minimum application amount of Rs 5,000 and in multiples of Re 1 thereafter. The fund will have no exit load, offering investors the flexibility to redeem at their convenience. Live Events The 360 ONE Overnight Fund will invest in debt and money market securities such as certificates of deposit, commercial papers, TREPs, reverse repo and T-bills with overnight maturity. 'We remain focused on delivering precise and purposeful solutions that cater to the varied needs of our investors. The launch of the 360 ONE Overnight Fund is a continuation of that approach, offering a well-structured option for short-term capital allocation. It is tailored for those who seek safety, liquidity and short-term deployment of surplus funds without much complexity,' said Raghav Iyengar , CEO, 360 ONE Asset. According to the press release, the funny is ideal for conservative investors, transitional investors, and corporates managing short-term liquidity. 'The 360 ONE Overnight Fund is designed to manage short-term money needs by providing high liquidity and relatively low risk. With daily reinvestment of matured securities, the scheme seeks to provide a smooth and efficient avenue to address short-term financial requirements,' said Milan Mody, Fund Manager, Fixed Income, 360 ONE Asset. Also Read | JioBlackRock Mutual Fund: 3 NFOs open for subscription today. Should you invest? Overnight funds invest in securities that mature overnight or within one business day, making them among the lowest-risk options in the fixed-income space. These funds are particularly suitable for investors with an investment horizon of one day to one month, including corporates, HNIs, and individuals seeking to park funds for the very short term, the release said.
Economic Times
01-07-2025
- Business
- Economic Times
NFO Alert: 360 ONE Mutual Fund launches overnight fund
360 ONE Asset Management has launched the 360 ONE Overnight Fund, an open-ended debt scheme for short-term surplus management. Open till July 9, it invests in overnight securities, offering high liquidity, low risk, and no exit load. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads 360 ONE Asset Management has announced the launch of the 360 ONE Overnight Fund , an open-ended debt scheme investing in overnight New fund offer or NFO of the fund is open for subscription and will close on July 9. The scheme reopens for continuous sale and repurchase from July Read | JioBlackRock Overnight Fund opens for subscription. Who should invest? This fund is designed to offer investors a prudent solution for managing short-term surplus funds while balancing safety, liquidity, and reasonable returns over the short term, according to a press minimum application amount of Rs 5,000 and in multiples of Re 1 thereafter. The fund will have no exit load, offering investors the flexibility to redeem at their 360 ONE Overnight Fund will invest in debt and money market securities such as certificates of deposit, commercial papers, TREPs, reverse repo and T-bills with overnight maturity.'We remain focused on delivering precise and purposeful solutions that cater to the varied needs of our investors. The launch of the 360 ONE Overnight Fund is a continuation of that approach, offering a well-structured option for short-term capital allocation. It is tailored for those who seek safety, liquidity and short-term deployment of surplus funds without much complexity,' said Raghav Iyengar , CEO, 360 ONE to the press release, the funny is ideal for conservative investors, transitional investors, and corporates managing short-term liquidity.'The 360 ONE Overnight Fund is designed to manage short-term money needs by providing high liquidity and relatively low risk. With daily reinvestment of matured securities, the scheme seeks to provide a smooth and efficient avenue to address short-term financial requirements,' said Milan Mody, Fund Manager, Fixed Income, 360 ONE Read | JioBlackRock Mutual Fund: 3 NFOs open for subscription today. Should you invest? Overnight funds invest in securities that mature overnight or within one business day, making them among the lowest-risk options in the fixed-income funds are particularly suitable for investors with an investment horizon of one day to one month, including corporates, HNIs, and individuals seeking to park funds for the very short term, the release said.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
