New Debt MF Classification by SEBI

SEBI’s New MF Categories

Part 1:- Equity Funds

Part 2:- Hybrid Funds

Category of Schemes                              Scheme Categories              Type of Scheme(uniform description of scheme)

  1.  Overnight Fund **                               Investment in overnight               An open ended debt scheme investing in                                                      securities having maturity of 1 day.            overnight securities.
  2. Liquid Fund **                        Investment in Debt and