{"id":8177,"date":"2024-07-17T12:26:31","date_gmt":"2024-07-17T12:26:31","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=8177"},"modified":"2026-04-28T11:13:40","modified_gmt":"2026-04-28T11:13:40","slug":"treps","status":"publish","type":"mutual-funds","link":"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/","title":{"rendered":"What is TREPS &amp; Why Mutual Funds Invest in it?"},"content":{"rendered":"\n<p>Financial markets today offer a wide variety of financial products to investors. There is a lot of information about financial products, and you may see something new daily. If you\u2019ve ever looked through a mutual fund\u2019s portfolio, you\u2019ve probably noticed that some of your money is invested in \u201cTREPS.\u201d Are you certain about what it is and why practically every mutual fund has a portion allocated to it?<\/p>\n\n\n\n<p>In this blog, we will explore TREPS, its features, advantages, disadvantages, and the reasons behind mutual funds investing in TREPS.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/#What_is_TREPS\" title=\"What is TREPS?\">What is TREPS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/#Why_Mutual_Fund_Invest_in_TREPS\" title=\"Why Mutual Fund Invest in TREPS?\">Why Mutual Fund Invest in TREPS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/#Impact_of_TREPS_on_Mutual_Fund_NAV\" title=\"Impact of TREPS on Mutual Fund NAV\">Impact of TREPS on Mutual Fund NAV<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/#Key_Players_in_Mutual_Fund_TREPS_transaction\" title=\"Key Players in Mutual Fund TREPS transaction\">Key Players in Mutual Fund TREPS transaction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/#Advantages_of_TREPS\" title=\"Advantages of TREPS\">Advantages of TREPS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/#Disadvantages_of_TREPS\" title=\"Disadvantages of TREPS\">Disadvantages of TREPS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-what-is-treps\"><span class=\"ez-toc-section\" id=\"What_is_TREPS\"><\/span>What is TREPS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>TREPS stands for \u201cTri-Party Repo Dealing System\u201d, which facilitates the borrowing and lending of funds in a Tri-Party Repo arrangement. Tri-party repo is a type of repo contract where a third entity (other than the borrower and lender) acts as an intermediary between the two parties to facilitate services like collateral selection, payment, settlement, custody, and management during the life of the transaction. It serves as a mechanism for managing liquidity, allowing <a href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds-meaning-types-features-benefits-and-how-they-work\/\">mutual funds<\/a> to park their excess capital.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-mutual-fund-invest-in-treps\"><span class=\"ez-toc-section\" id=\"Why_Mutual_Fund_Invest_in_TREPS\"><\/span>Why Mutual Fund Invest in TREPS?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Why-Mutual-Fund-Invest-in-TREPS.jpg\" alt=\"Why Mutual Fund Invest in TREPS\" class=\"wp-image-8181\" style=\"width:333px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Why-Mutual-Fund-Invest-in-TREPS.jpg 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Why-Mutual-Fund-Invest-in-TREPS-300x300.jpg 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Why-Mutual-Fund-Invest-in-TREPS-150x150.jpg 150w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Why-Mutual-Fund-Invest-in-TREPS-768x768.jpg 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Why-Mutual-Fund-Invest-in-TREPS-96x96.jpg 96w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Mutual funds invest in TREPS for various reasons listed below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Liquidity: <\/strong>It provides mutual fund flexibility to manage the liquidity for daily needs, as it easily converts securities into cash to meet daily redemptions. Quick conversion into cash also allows mutual funds to take advantage of investment opportunities.<\/li>\n\n\n\n<li><strong>Safety:<\/strong> Since TREPS are backed by Government of India securities, they are considered one of the safest short-term investment avenues. This makes them ideal for managing temporary surpluses without taking on high risk.<\/li>\n\n\n\n<li><strong>Earnings:<\/strong> It allows the mutual funds to earn a return on the idle cash and helps increase the overall return.<\/li>\n\n\n\n<li><strong>Regulatory Requirement:<\/strong> SEBI regulations require mutual funds to maintain a portion of their portfolios in highly liquid instruments. TREPS fulfil this requirement and help funds stay compliant.<\/li>\n\n\n\n<li><strong>Portfolio Diversification: <\/strong>Investment in TREPS provides diversification benefits and reduces exposure to market fluctuations.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-impact-of-treps-on-mutual-fund-nav\"><span class=\"ez-toc-section\" id=\"Impact_of_TREPS_on_Mutual_Fund_NAV\"><\/span>Impact of TREPS on Mutual Fund NAV<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The impact of investing in TREPS on the mutual fund\u2019s NAV depends on various factors, such as current market conditions, current portfolio mix, and the size and duration of investments in TREPS.<\/p>\n\n\n\n<p>Investing in TREPS offers higher returns than cash, which increases net asset value (NAV).<\/p>\n\n\n\n<p>On the other hand, a sizable investment in TREPS can result in lower returns in the long run, and thus, NAV reduces.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-players-in-mutual-fund-treps-transaction\"><span class=\"ez-toc-section\" id=\"Key_Players_in_Mutual_Fund_TREPS_transaction\"><\/span>Key Players in Mutual Fund TREPS transaction<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The key players involved in mutual fund TREPS transactions are as follows-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Sellers:<\/strong> These entities initiate the transaction by selling the securities and agreeing to buy them back later.<\/li>\n\n\n\n<li><strong>Buyers:<\/strong> The buyer is a counterparty that purchases securities and earns interest.<\/li>\n\n\n\n<li><strong>Tri-Party Agent:<\/strong> These agents provide services such as collateral selection, payment, settlement, custody, and transaction management. They are critical in reducing counterparty risk.<\/li>\n\n\n\n<li><strong>Custodian:<\/strong> The custodian stores the securities, ensures their safety, and makes them available at the time of settlement. Its role is usually combined with that of a tri-party agent.&nbsp;<\/li>\n\n\n\n<li><strong>Clearing Corporation:<\/strong> CCIL (Clearing Corporation of India Limited) serves as a clearing house, ensuring that all the executed trades are settled properly and maintaining accounts for all members.<\/li>\n\n\n\n<li><strong>Regulatory Bodies:<\/strong> The regulatory bodies such as SEBI (Securities and Exchange Board of India) set guidelines to protect the investor\u2019s interest.<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also:<\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/taxation\/long-term-capital-gain\/\"><strong> <\/strong>Long-Term Capital Gain (LTCG) Tax on Mutual Funds<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-advantages-of-treps\"><span class=\"ez-toc-section\" id=\"Advantages_of_TREPS\"><\/span>Advantages of TREPS<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Advantages-of-TREPS.jpg\" alt=\"\" class=\"wp-image-8182\" style=\"width:245px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Advantages-of-TREPS.jpg 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Advantages-of-TREPS-300x300.jpg 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Advantages-of-TREPS-150x150.jpg 150w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Advantages-of-TREPS-768x768.jpg 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/Advantages-of-TREPS-96x96.jpg 96w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>TREPS offers the following advantages to its investors:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>A mutual fund holds some cash to meet redemption requests. Instead of holding cash, they invest in TREPS as they are highly liquid.<\/li>\n\n\n\n<li>It also allows mutual funds to earn additional income, increasing the overall yield of the portfolio.<\/li>\n\n\n\n<li>Through TREPS, mutual funds can reduce the volatility of a portfolio.<\/li>\n\n\n\n<li>It allows them to manage their cash flows efficiently and act actively on market opportunities.<\/li>\n\n\n\n<li>TREPS is considered a risk-free investment option as the government backs it.&nbsp;<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-disadvantages-of-treps\"><span class=\"ez-toc-section\" id=\"Disadvantages_of_TREPS\"><\/span>Disadvantages of TREPS<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Disadvantages of TREPS are:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Investment in TREPS offers lower returns when compared with other opportunities available in the market.<\/li>\n\n\n\n<li>The involvement of a third party increases the complexity of the transaction, which also increases its cost.<\/li>\n\n\n\n<li>Most mutual funds have investments in TREPS, eventually leading to the concentration of risk.<\/li>\n\n\n\n<li>TREPS are subject to market risk due to changes in interest rates, which can affect the return of mutual funds.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/shariah-compliant-mutual-funds\/\">Shariah-Compliant Mutual Funds: Should You Invest?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In conclusion, investing in TREPS offers mutual funds a safe, flexible approach to managing capital and boosting portfolio return while preserving adequate liquidity. They also have a positive impact on the mutual fund NAV in the short term, but a longer investment horizon can result in lower returns and negatively impact the NAV.&nbsp;<\/p>\n\n\n\n<p>TREPS are affected by interest rate changes and often offer lower returns than other asset classes. Speak with your investment advisor if you intend to <a href=\"https:\/\/www.pocketful.in\/mutual-funds\">invest in mutual funds<\/a>.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>1<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/what-is-an-ipo-mutual-fund-should-you-invest\/\">What Is An IPO Mutual Fund? Should You Invest?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>2<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/taxation\/\">Mutual Fund Taxation \u2013 How Mutual Funds Are Taxed?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>3<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/is-your-mutual-fund-investment-safe\/\">Is Your Mutual Fund Investment Safe?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>4<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/open-ended\/\">What is an Open-Ended Mutual Fund &amp; How to Invest in it?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>5<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/how-to-stop-sip\/\">How to Cancel Mutual Fund SIP?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>6<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/interest-rates-impact-mutual-funds\/\">How Interest Rates Impact Mutual Funds in India<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">Who do mutual funds put their money in TREPS?<\/h3><p class=\"saswp-faq-answer-text\">Mutual funds must place their assets in liquid securities like TREPS to comply with SEBI regulations requiring them to have a certain amount of cash on hand to fulfill investor redemption requests.\u00a0<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What does TREPS stand for?<\/h3><p class=\"saswp-faq-answer-text\">TREPS stands for Tri-Party Repo Dealing System.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Who can participate in TREPS?<\/h3><p class=\"saswp-faq-answer-text\">Any institutional investor, including banks, mutual funds, etc., is eligible to invest in TREPS if they meet the regulatory compliance guidelines provided by SEBI and have the required infrastructure.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Is it safe to invest in TREPS?<\/h3><p class=\"saswp-faq-answer-text\">Yes, it is safe to invest in TREPS as the government backs the underlying assets.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Does TREPS generate higher returns than traditional savings accounts?<\/h3><p class=\"saswp-faq-answer-text\">TREPS investments have the potential to yield larger returns than traditional savings accounts, which is why mutual funds find them attractive.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>Financial markets today offer a wide variety of financial products to investors. There is a lot of information about financial products, and you may see something new daily. If you\u2019ve ever looked through a mutual fund\u2019s portfolio, you\u2019ve probably noticed that some of your money is invested in \u201cTREPS.\u201d Are you certain about what it [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":8179,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-8177","mutual-funds","type-mutual-funds","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"acf":{"freelancer":"Akash Gupta"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is TREPS &amp; Why Mutual Funds Invest in it? - Pocketful<\/title>\n<meta name=\"description\" content=\"TREPS, short for Treasury Bills Repurchase, is a short-term financial instrument used in the money market and mutual fund market.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is TREPS &amp; Why Mutual Funds Invest in it?\" \/>\n<meta property=\"og:description\" content=\"TREPS, short for Treasury Bills Repurchase, is a short-term financial instrument used in the money market and mutual fund market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocketful\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Pocketful.HQ\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-28T11:13:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/TREPS_Mutual-funds.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1497\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What is TREPS & Why Mutual Funds Invest in it? - Pocketful","description":"TREPS, short for Treasury Bills Repurchase, is a short-term financial instrument used in the money market and mutual fund market.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"What is TREPS &amp; Why Mutual Funds Invest in it?","og_description":"TREPS, short for Treasury Bills Repurchase, is a short-term financial instrument used in the money market and mutual fund market.","og_url":"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/","og_site_name":"Pocketful","article_publisher":"https:\/\/www.facebook.com\/Pocketful.HQ\/","article_modified_time":"2026-04-28T11:13:40+00:00","og_image":[{"width":1497,"height":1080,"url":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/TREPS_Mutual-funds.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@Pocketful_HQ","twitter_misc":{"Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/","url":"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/","name":"What is TREPS & Why Mutual Funds Invest in it? - Pocketful","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#website"},"datePublished":"2024-07-17T12:26:31+00:00","dateModified":"2026-04-28T11:13:40+00:00","description":"TREPS, short for Treasury Bills Repurchase, is a short-term financial instrument used in the money market and mutual fund market.","breadcrumb":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/treps\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog Home","item":"https:\/\/wp-api.pocketful.in\/blog\/"},{"@type":"ListItem","position":2,"name":"What is TREPS &amp; Why Mutual Funds Invest in it?"}]},{"@type":"WebSite","@id":"https:\/\/wp-api.pocketful.in\/blog\/#website","url":"https:\/\/wp-api.pocketful.in\/blog\/","name":"Pocketful blog","description":"Learn Stock market trading, investing &amp; more","publisher":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wp-api.pocketful.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization","name":"Pocketful","alternateName":"Pocketful Broker","url":"https:\/\/wp-api.pocketful.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","contentUrl":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","width":150,"height":26,"caption":"Pocketful"},"image":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Pocketful.HQ\/","https:\/\/twitter.com\/Pocketful_HQ","https:\/\/www.linkedin.com\/company\/pocketfulofprofits\/","https:\/\/www.instagram.com\/pocketful.official\/"]}]}},"article_history_entries":[{"type":"Edit","author":{"id":7,"name":"Pocketful Team","url":"pocketful"},"content":"Post created","date":"2024-07-17 12:26:31","id":"ah_67179829d04a07.63446772"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Update Keyword","date":"2025-03-01 10:18:02","id":"ah_67c2dedaf0e953.17054008"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Add more content and change meta title","date":"2025-12-10 06:40:34","id":"ah_693915e2a18636.62794114"}],"image_url_featured":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/07\/TREPS_Mutual-funds.jpg","_links":{"self":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/mutual-funds\/8177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/mutual-funds"}],"about":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/types\/mutual-funds"}],"author":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/users\/10"}],"version-history":[{"count":3,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/mutual-funds\/8177\/revisions"}],"predecessor-version":[{"id":26775,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/mutual-funds\/8177\/revisions\/26775"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media\/8179"}],"wp:attachment":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media?parent=8177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/categories?post=8177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/tags?post=8177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}