BSE introduces overnight products for liquid MFs

The overnight (liquid fund) product will be an alternative investment avenue for idle monies

BS Reporter Mumbai
Last Updated : May 18 2015 | 9:02 PM IST
BSE has introduced an overnight investment product allowing for investment into mutual fund liquid schemes for a single night through the BSE Star MF. The overnight (liquid fund) product will be an alternative investment avenue for idle monies by investing in MF Liquid Schemes for better returns and relatively lower risk, said the BSE in release.

“Members should take consent from clients and open a liquid fund account and transact through BSE Star MF platform, and instead of keeping idle monies. This will result in returns to investors as well as additional service for member brokers,” said BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 18 2015 | 9:00 PM IST

Next Story