Bajaj Finserv MF debuts with liquid and overnight fund

Bajaj Finserv Mutual Fund has made its debut with the launch of two schemes - Bajaj Finserv Liquid Fund and Bajaj Finserv Overnight Fund.

Both are open- ended schemes that invest in debt and money market instruments.

In a press release, Ganesh Mohan, CEO, Bajaj Finserv MF said, “We believe that your money should work hard for you every day. And money lying idle in your savings or current account does the opposite. Liquid funds are a great way to balance both liquidity and returns while overnight funds ensure that your money grows even over a very short period of a couple of days. With our prudent risk management practices, we will always prioritize safety of investment followed by liquidity and then returns.”