{"id":30926,"date":"2024-11-18T14:59:37","date_gmt":"2024-11-18T09:29:37","guid":{"rendered":"https:\/\/www.fundsindia.com\/blog\/?p=30926"},"modified":"2024-11-18T15:02:23","modified_gmt":"2024-11-18T09:32:23","slug":"merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund","status":"publish","type":"post","link":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926","title":{"rendered":"Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund"},"content":{"rendered":"\n<p>Investors are hereby informed that the Board of Directors of Navi AMC Limited and Navi Trustee Limited, the asset management company and trustee company of Navi Mutual Fund, have approved the merger of the following schemes:<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h4><strong>Details of Scheme Mergers:<\/strong><\/h4>\n\n\n\n<table><tbody><tr><td><strong>Sr. No.<\/strong><\/td><td><strong>Merging Scheme<\/strong><\/td><td><strong>Surviving Scheme<\/strong><\/td><\/tr><tr><td>1.<\/td><td><strong>Navi Overnight Fund<\/strong><\/td><td><strong>Navi Liquid Fund<\/strong><\/td><\/tr><tr><td><\/td><td>An open-ended debt scheme investing in<\/td><td>An open-ended liquid scheme<\/td><\/tr><tr><td><\/td><td>securities with overnight maturity<\/td><td><\/td><\/tr><tr><td>2.<\/td><td><strong>Navi Conservative Hybrid Fund<\/strong><\/td><td><strong>Navi Aggressive Hybrid Fund<\/strong><\/td><\/tr><tr><td><\/td><td>An open-ended hybrid scheme investing in<\/td><td>An open-ended hybrid scheme investing in<\/td><\/tr><tr><td><\/td><td>debt instruments<\/td><td>equity and equity-related instruments<\/td><\/tr><\/tbody><\/table>\n\n\n\n<h4><strong>Key Details:<\/strong><\/h4>\n\n\n\n<ol><li><strong>Approval and SEBI No-Objection:<\/strong><ul><li>The merger of <strong>Navi Overnight Fund into Navi Liquid Fund<\/strong> was approved by the Board of Directors of Navi AMC Limited and Navi Trustee Limited on <strong>July 29, 2024<\/strong>. SEBI provided its no objection via communication no. <strong>SEBI\/HO\/IMD\/IMD-RAC-2\/P\/OW\/2024\/0000030715\/1<\/strong> dated <strong>September 27, 2024<\/strong>.<\/li><li>The merger of <strong>Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund<\/strong> was approved by the Board on <strong>June 07, 2024<\/strong>, with SEBI\u2019s no objection via communication no. <strong>SEBI\/HO\/IMD\/IMD-RAC-2\/P\/OW\/2024\/30716\/1<\/strong> dated <strong>September 27, 2024<\/strong>.<\/li><\/ul><\/li><li><strong>Exit Option for Unitholders:<\/strong><strong><br><\/strong>In accordance with Regulation 18(15A) of SEBI (Mutual Funds) Regulations, 1996, all existing unitholders of the Merging Schemes and Surviving Schemes are provided an option to exit (redeem their investments or switch to any other scheme of the Fund) at the applicable Net Asset Value (NAV) without any exit load during the exit option period.<br><strong>Exit Option Period:<\/strong><ul><li>Start Date: <strong>October 15, 2024<\/strong><\/li><li>End Date: <strong>November 14, 2024<\/strong> (both days inclusive)<\/li><\/ul><\/li><li>Redemption requests received after <strong>November 14, 2024 (up to 3 p.m.)<\/strong> will be subject to the applicable exit load in the respective schemes.<\/li><li><strong>Effective Date of Merger:<\/strong><strong><br><\/strong>The merger of the schemes will be effective on <strong>November 15, 2024<\/strong>.<\/li><li><strong>Default Option Post-Merger:<\/strong><strong><br><\/strong>Unitholders of the Merging Schemes who do not opt for redemption or switch within the exit option period will be deemed to have consented to the merger and their units will automatically be transferred to the respective Surviving Schemes.<\/li><\/ol>\n\n\n\n<p>For More Details, Read the below addendum<\/p>\n\n\n\n<p><a href=\"https:\/\/fundsindia-marketing-assets.s3.ap-south-1.amazonaws.com\/Navi-Overnight-Fund-into-Navi-Liquid-Fund-Nov-2024.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Addendum for Navi Overnight Fund into Navi Liquid Fund<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/fundsindia-marketing-assets.s3.ap-south-1.amazonaws.com\/Navi-Conservative-Hybrid-Fund-into-Navi-Aggressive-Hybrid-Fund-Nov-2024.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Addendum for Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors are hereby informed that the Board of Directors of Navi AMC Limited and Navi Trustee Limited, the asset management company and trustee company of Navi Mutual Fund, have approved the merger of the following schemes: Details of Scheme Mergers: Sr. No. Merging Scheme Surviving Scheme 1. Navi Overnight Fund Navi Liquid Fund An open-ended [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[632],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund\" \/>\n<meta property=\"og:description\" content=\"Investors are hereby informed that the Board of Directors of Navi AMC Limited and Navi Trustee Limited, the asset management company and trustee company of Navi Mutual Fund, have approved the merger of the following schemes: Details of Scheme Mergers: Sr. No. Merging Scheme Surviving Scheme 1. Navi Overnight Fund Navi Liquid Fund An open-ended [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926\" \/>\n<meta property=\"og:site_name\" content=\"Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/fundsindia\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-18T09:29:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-18T09:32:23+00:00\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FundsIndia Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\",\"name\":\"Wealth India Financial Services\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/fundsindia\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg\",\"contentUrl\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg\",\"width\":189,\"height\":200,\"caption\":\"Wealth India Financial Services\"},\"image\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#website\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/\",\"name\":\"Insights\",\"description\":\"Official blog of FundsIndia.com\",\"publisher\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fundsindia.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#webpage\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926\",\"name\":\"Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund\",\"isPartOf\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#website\"},\"datePublished\":\"2024-11-18T09:29:37+00:00\",\"dateModified\":\"2024-11-18T09:32:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fundsindia.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#webpage\"},\"author\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/0ad472db6d21e4b4d8636fcadcd6712e\"},\"headline\":\"Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund\",\"datePublished\":\"2024-11-18T09:29:37+00:00\",\"dateModified\":\"2024-11-18T09:32:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#webpage\"},\"wordCount\":359,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\"},\"articleSection\":[\"Bulletin\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#respond\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/0ad472db6d21e4b4d8636fcadcd6712e\",\"name\":\"FundsIndia Desk\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5c072a8111140f457e032a74732c412c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5c072a8111140f457e032a74732c412c?s=96&d=mm&r=g\",\"caption\":\"FundsIndia Desk\"},\"sameAs\":[\"http:\/\/www.fundsindia.com\"],\"url\":\"https:\/\/www.fundsindia.com\/blog\/author\/fundsindiadesk\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926","og_locale":"en_US","og_type":"article","og_title":"Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund","og_description":"Investors are hereby informed that the Board of Directors of Navi AMC Limited and Navi Trustee Limited, the asset management company and trustee company of Navi Mutual Fund, have approved the merger of the following schemes: Details of Scheme Mergers: Sr. No. Merging Scheme Surviving Scheme 1. Navi Overnight Fund Navi Liquid Fund An open-ended [&hellip;]","og_url":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926","og_site_name":"Insights","article_publisher":"https:\/\/www.facebook.com\/fundsindia","article_published_time":"2024-11-18T09:29:37+00:00","article_modified_time":"2024-11-18T09:32:23+00:00","twitter_misc":{"Written by":"FundsIndia Desk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/www.fundsindia.com\/blog\/#organization","name":"Wealth India Financial Services","url":"https:\/\/www.fundsindia.com\/blog\/","sameAs":["https:\/\/www.facebook.com\/fundsindia"],"logo":{"@type":"ImageObject","@id":"https:\/\/www.fundsindia.com\/blog\/#logo","inLanguage":"en-US","url":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg","contentUrl":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg","width":189,"height":200,"caption":"Wealth India Financial Services"},"image":{"@id":"https:\/\/www.fundsindia.com\/blog\/#logo"}},{"@type":"WebSite","@id":"https:\/\/www.fundsindia.com\/blog\/#website","url":"https:\/\/www.fundsindia.com\/blog\/","name":"Insights","description":"Official blog of FundsIndia.com","publisher":{"@id":"https:\/\/www.fundsindia.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fundsindia.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#webpage","url":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926","name":"Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund","isPartOf":{"@id":"https:\/\/www.fundsindia.com\/blog\/#website"},"datePublished":"2024-11-18T09:29:37+00:00","dateModified":"2024-11-18T09:32:23+00:00","breadcrumb":{"@id":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fundsindia.com\/blog"},{"@type":"ListItem","position":2,"name":"Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund"}]},{"@type":"Article","@id":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#article","isPartOf":{"@id":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#webpage"},"author":{"@id":"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/0ad472db6d21e4b4d8636fcadcd6712e"},"headline":"Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund","datePublished":"2024-11-18T09:29:37+00:00","dateModified":"2024-11-18T09:32:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#webpage"},"wordCount":359,"commentCount":0,"publisher":{"@id":"https:\/\/www.fundsindia.com\/blog\/#organization"},"articleSection":["Bulletin"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-navi-overnight-fund-into-navi-liquid-fund-and-navi-conservative-hybrid-fund-into-navi-aggressive-hybrid-fund\/30926#respond"]}]},{"@type":"Person","@id":"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/0ad472db6d21e4b4d8636fcadcd6712e","name":"FundsIndia Desk","image":{"@type":"ImageObject","@id":"https:\/\/www.fundsindia.com\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/5c072a8111140f457e032a74732c412c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5c072a8111140f457e032a74732c412c?s=96&d=mm&r=g","caption":"FundsIndia Desk"},"sameAs":["http:\/\/www.fundsindia.com"],"url":"https:\/\/www.fundsindia.com\/blog\/author\/fundsindiadesk"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/30926"}],"collection":[{"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/comments?post=30926"}],"version-history":[{"count":3,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/30926\/revisions"}],"predecessor-version":[{"id":30931,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/30926\/revisions\/30931"}],"wp:attachment":[{"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/media?parent=30926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/categories?post=30926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/tags?post=30926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}