Premium
This is an archive article published on September 5, 2011

Morgan Stanley MF launches liquid fund

Morgan Stanley Mutual Fund's scheme is like a shot-term deposit and is considered low risk.

google-preferred-btn

Asset management company AMC Morgan Stanley Mutual Fund today launched an open-ended liquid scheme,which is similar to shot-term deposits and is considered to be low risk investment.

The objective of Morgan Stanley Liquid Fund is to generate returns,with low risk and high liquidity through a portfolio of money market and short-term debt securities with residual maturity of up to 91 days,the firm said in a statement.

8220;The launch of our liquid fund will give us the platform required to access the institutional client segment,which is a core long term focus for us,8221; Morgan Stanley MF CEO Anthony Heredia said in the statement.

The new scheme opens tomorrow and closes on September 7 and has a minimum investment option of Rs 1,000.

The scheme would be managed by the firm8217;s head of fixed income Ritesh Jain,the firm said.

According to the Association of Mutual Funds in India AMFI,the fund house8217;s average assets under management were Rs 2,052.54 crore as on June 30.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
The protest was held in Dehradun on Sunday seeking accountability in the case of 19-year-old Ankita Bhandari’s murder.
‘We’ll continue until Ankita gets justice’: Protests rage across Uttarakhand demanding CBI probe in 2022 murder
Kabaddi promoter Kanwar Digvijay Singh was shot dead; Police and forensic teams inspect the crime scene. (File Photo)
Cash, crime and kabaddi: Another killing shows rising stakes of ‘rural’ sport in Punjab
Anurag Kashyap heaps praises on Ranveer Singh's Dhurandhar.
Anurag Kashyap heaps praise on Dhurandhar while disagreeing with its politics: 'Aditya Dhar is a Kashmiri Pandit who has suffered'
Jay Bhanushali and Mahhi Vij confirm divorce
Jay Bhanushali and Mahhi Vij announce divorce after 14 years of marriage: 'We chose peace over drama'
His first internship was difficult, but it pushed him to improve
10-hour factory shifts to US tech firm: How Indian man rewrote his future in just 18 months after dropping out of college
Snow-covered roads and mountains are visible in the background
Shirtless men dance with hookahs in snow-covered Himachal, video sparks backlash
In the last three months, since the onset of the domestic season, Mohammed Shami has straddled in all three formats, excelled in each and regained much of the sharpness that intermittent injuries had eroded. (PTI Photo)
'He has art, wickets, fitness, form… what more does he need?' asks Mohammed Shami’s coach
The start to the senior boxing nationals was delayed in Greater Noida on Sunday. (PHOTO: Special Arrangement)
Boxing nationals delayed by more than four hours after delay in arrival of equipment and steel wire snapped at venue
My wish for 2026 is that we somehow manage to get an Opposition party that will put the Modi government on the mat for its many failures on many, many fronts.(Illustration: C R Sasikumar)
My wish for 2026 is that we somehow manage to get an Oppn party
Maduro captured, flown out; US to run Venezuela: Trump
US capture of Venezuela’s Nicolas Maduro puts New Delhi in a bind
low salt diet
This is what happens to the body when you are on a low-salt diet
CES 2026 keynotes
CES 2026: How to watch Nvidia, Samsung, Lenovo keynotes live; date and timings
Advertisement
Must Read
'He has art, wickets, fitness, form… what more does he need?' asks Mohammed Shami’s coach
In the last three months, since the onset of the domestic season, Mohammed Shami has straddled in all three formats, excelled in each and regained much of the sharpness that intermittent injuries had eroded. (PTI Photo)
Boxing nationals delayed by more than four hours after delay in arrival of equipment and steel wire snapped at venue
The start to the senior boxing nationals was delayed in Greater Noida on Sunday. (PHOTO: Special Arrangement)
Hockey India League: Kalinga Lancers, last season's entertainers, begin with encouraging 4-2 win against Ranchi Royals
Alexander Hendrickx scored two goals as Kalinga Lancers started the season with a fine 4-2 win against Ranchi Royals. (Credit: Hockey India League)
CES 2026: How to watch Nvidia, Samsung, Lenovo keynotes live; date and timings
CES 2026 keynotes
Ancient ape fossils offer new clues to humanity’s first steps
At the time, some researchers suggested the species could be the direct ancestor of modern humans, largely based on the position of the skull. (Image: Smithsonian)
Elon Musk’s X says users, not Grok, will be liable for illegal AI-generated content
Many users turn to AI chatbots like Grok and Ask Perplexity to verify claims circulating on X.
This is what happens to the body when you are on a low-salt diet
low salt diet
Advertisement
Buzzing Now
10-hour factory shifts to US tech firm: How Indian man rewrote his future in just 18 months after dropping out of college
His first internship was difficult, but it pushed him to improve
Shirtless men dance with hookahs in snow-covered Himachal, video sparks backlash
Snow-covered roads and mountains are visible in the background
‘Not unjust enrichment’: how a Mumbai trader turned stock broker’s technical glitch into Rs 1.75-crore profit
Rajguru later made profits of Rs 2.38 crore, leading to a net gain of Rs 1.75 crore
Google engineer shares AI coding tool builds in 1 hour what her team spent a year on
'Nobody listened to me': Zomato CEO Deepinder Goyal recalls childhood bullying over skin tone and the ‘biggest hurt’ before his success
Deepinder Goyal that his introverted nature had proved to be lucky for him
Jan 04: Latest News
Advertisement