The Scheme Aims To Provide Reasonable Returns Commensurate With Low Risk And Providing A High Level Of Liquidity, Through Investments Made Primarily In Overnight Securities Having Maturity Of 1 Business Day.However There Can Be No Assurance Or Guarantee That The Investment Objective Of The Scheme Would Be Achieved. The Scheme(S) Does Not Assure Or Guarantee Any Returns.
Tax Implications
Taxation on mutual fund explained : https://zfunds.in/article/taxes-on-mutual-funds