# Monarch Mutual Fund files for maiden overnight scheme with Sebi 2026-08-15T09:41:56+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Monarch Mutual Fund has filed draft papers with Sebi for its first scheme, an open-ended overnight debt fund. The fund will invest primarily in debt and money market instruments maturing within one business day, seeking low risk, high liquidity and returns linked to overnight rates. The scheme will be benchmarked against the CRISIL Liquid Overnight Index and managed by Sanjay Motta. It will accept lump-sum investments from Rs 5,000 and SIPs from Rs 1,000, with at least six instalments. The fund may invest up to 100% of its assets in eligible instruments. Monarch Mutual Fund is a venture of Monarch Networth Capital, which received Sebi’s in-principle approval to begin mutual fund operations earlier this year. ## Coverage - economictimes.indiatimes.com Tags: Monarch Mutual Fund, Monarch Networth Capital, SEBI Canonical: https://indianopinion.org/monarch-mutual-fund-files-for-maiden-overnight-scheme-with-sebi/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/monarch-mutual-fund-files-for-maiden-overnight-scheme-with-sebi/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.