The Investment Objective Of The Scheme Is To Provide Reasonable Returns Commensurate With Low Risk And Providing A High Level Of Liquidity, Through Investments Made Primarily In Overnight Securities Having Maturity/Residual Maturity Of 1 Business Day. However, There Can Be No Assurance That The Investment Objective Of The Scheme Will Be Achieved.
Tax Implications
Taxation on mutual fund explained : https://zfunds.in/article/taxes-on-mutual-funds