AlphaGrep Liquid Omni FoF Launches with Rs 1,000.81 NAV

AlphaGrep Mutual Fund introduced its open-ended liquid debt scheme, the AlphaGrep Liquid Omni FoF Regular-IDCW, on August 7, 2026. This new fund aims to deliver liquidity and reasonable returns while maintaining a lower risk profile for investors.

The scheme achieves its objective by investing in both active and passive liquid schemes, benchmarked against the NIFTY Liquid Index A-I. It is categorized as a Debt: Liquid fund, carrying a low to moderate riskometer rating.

Key Fund Metrics

• NAV (August 10, 2026): Rs 1,000.81
• Assets Under Management (AUM): Rs 0.0 crore
• Expense Ratio (Regular Plan): 0.0%
• Minimum Investment: Rs 500 (initial, additional, SIP)
• Minimum Withdrawal: Rs 500

The fund applies an exit load for redemptions made within a short window. Investors redeeming within 1 day face a 0.0070% charge, which progressively decreases to 0.0045% for redemptions within 6 days.

A suggested investment horizon of less than 3 months is advised to mitigate downside risk and ensure predictable returns. Ashish Jain has managed the fund since August 4, 2026.

Taxation Details

Capital gains for investments made after April 1, 2023, are added to the investor’s income and taxed at their applicable slab rate. For those invested before this date, gains are taxed based on the holding period, with indexation benefits for holdings over three years.

Dividend income is also subject to the investor’s income slab rate, with a 10% Tax Deducted at Source (TDS) applicable for annual income exceeding Rs 5,000. While portfolio allocation data remains unavailable, the fund prioritizes managing interest rate and credit risks through careful duration and credit quality assessments.