NFO Alert: ASK Mutual Fund Launches ASK Liquid Fund

ASK Mutual Fund has announced the launch of its new product, the ASK Liquid Fund. This financial instrument is categorised as an open ended liquid scheme designed to maintain relatively low interest rate risk alongside moderate credit risk. 

Investment Details and Objectives 

This New Fund Offer (NFO) remains open for subscription from August 12, 2026, until August 25, 2026. The objective is to generate regular income by investing in a portfolio of money market and debt instruments, each with a residual maturity of up to 91 days. 

The fund is suitable for individuals seeking a short term savings solution. The minimum application amount for investors is set at ₹500, with additional investments permitted in multiples of ₹1 thereafter. 

Fund Structure and Management 

The scheme offers both Regular and Direct plans, each providing Growth and Income Distribution cum Capital Withdrawal (IDCW) options. The IDCW option includes both payout and reinvestment facilities for investors.  

Mr. Dinesh Ahuja has been designated as the Fund Manager for this scheme, and the performance will be benchmarked against the CRISIL Liquid Debt A-I TRI. 

Exit Load Structure 

The fund incorporates a tiered exit load structure based on the duration of the investment. A redemption within 1 day incurs a 0.0070% load, 0.0065% for 2 days, 0.0060% for 3 days, 0.0055% for 4 days, 0.0050% for 5 days, and 0.0045% for 6 days. 

Read More: Aditya Birla Sun Life AMC Introduces 2 Apex Equity Long-Short Funds Via SIF! 

Conclusion 

The ASK Liquid Fund, managed by Mr. Dinesh Ahuja, operates from August 12, 2026, to August 25, 2026. It requires a minimum investment of ₹500 and applies tiered exit loads ranging from 0.0070% to 0.0045% based on holding duration. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. 

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