Neosurge Treasury · For Corporates
Idle Treasury Is a Decision, Not a Default
Corporate liquidity solutions for private limited companies, LLPs and trusts carrying working-capital surplus.
Current accounts pay nothing. The question is not whether to deploy surplus but how — with the right liquidity horizon, the right governance and same-day visibility.
- Board-Governed Deployment
- Daily Valuation
- Same-Day Liquidity Options
- Consolidated Reporting
Mutual fund investments are subject to market risks. Liquid and debt funds are not bank deposits, are not capital protected and carry no deposit insurance. Deployment of company funds is subject to board approval and applicable regulations.
For Corporates
Idle Treasury Is a Decision, Not a Default
Current accounts pay nothing. For a private limited company carrying working-capital surplus, the question is not whether to deploy it but how to do so with the right liquidity, the right governance and same-day visibility. This is typically relevant from around ₹10 crore of deployable surplus, though the principles apply at any scale.
Where the surplus usually sits
Working Capital Float
Cash collected but not yet deployed, sitting between collection and spend.
Receivable Timing Gaps
Invoice proceeds arriving ahead of the obligations they fund.
Payroll & Statutory Buffers
Predictable monthly outflows that must be certain and available on a fixed date.
Advance Tax & GST Provisioning
Amounts set aside ahead of quarterly due dates.
Matching the instrument to the horizon
Overnight Funds
Money that may be needed within a week. Invest in one-day instruments. Typically no exit load.
Liquid Funds
A horizon of roughly one week to three months. Invest in money market instruments of up to 91 days residual maturity. A graded exit load applies to redemptions within seven days.
Ultra Short Duration Funds
Three to six months, where the treasury policy tolerates modest duration and credit risk in exchange for yield.
Governance matters as much as yield.
Under the Companies Act, 2013, the power to invest company funds is exercisable by the board at a board meeting, and investment in securities of other bodies corporate is subject to limits above which shareholder approval is required. Treasury deployment should sit under a written, board-approved investment policy setting permitted instruments, credit quality floors, concentration limits by counterparty and by asset manager, and tenure bands. Companies should confirm the application of Sections 179(3)(e) and 186 of the Companies Act, 2013 with their company secretary.
Since the amendments effective April 2023, debt-oriented mutual funds no longer offer a holding-period tax advantage for corporate investors; gains are treated as short term regardless of how long units are held and taxed at the company’s applicable rate. The case for using these funds over a fixed deposit rests on liquidity, the absence of premature-withdrawal penalties and daily valuation — not on tax efficiency. Liquid funds are low risk but not risk free: they are not capital-protected, carry no deposit insurance, and their net asset value can fall. Corporate tax treatment should be confirmed with your chartered accountant.
Our Role
From Surplus to Standing Policy
01
Understand the Surplus
How much, for how long, and against which obligations the money is genuinely not needed.
02
Draft or Review the Investment Policy
Permitted instruments, credit floors, concentration limits and tenure bands matched to obligations.
03
Coordinate Deployment
Documentation, entity KYC, authorised signatory mandates and account setup.
04
Report & Review
Consolidated statements, with periodic review as obligations and regulations change.
We help you evaluate and coordinate. We do not provide legal, tax or regulated investment advice, and we do not manage your money directly.
Our role is limited to information, structure comparison, coordination, onboarding support and reporting. Regulated investment, legal and tax advice is provided separately by appropriately qualified professionals where required. Services are subject to entity eligibility and applicable regulations.
Contact
Discuss Your Treasury
Tell us about the surplus, the horizon and the obligations it sits against. We will help you understand which liquidity routes are relevant and what governance applies.
- Confidential enquiry
- No obligation
- Response within two business days
Questions
Treasury Questions
Overnight funds for money that may be needed within a week; liquid funds for roughly one week to three months; ultra short duration funds for three to six months where the treasury policy tolerates modest duration and credit risk. The right choice depends on when the money is genuinely needed, not on which yield looks highest.
No. Since the amendments effective April 2023, gains on debt-oriented mutual funds are treated as short term regardless of holding period and taxed at the company's applicable rate, as fixed deposit interest is. The case for these funds rests on liquidity, the absence of premature-withdrawal penalties and daily valuation — not on tax. Confirm treatment with your chartered accountant.
Under the Companies Act, 2013 the power to invest company funds is exercisable by the board at a board meeting, and investment in securities of other bodies corporate is subject to limits above which shareholder approval is required. Most companies pass a standing enabling resolution with limits. Confirm the application of Sections 179(3)(e) and 186 with your company secretary.
They are low risk, not risk free. They are not bank deposits, are not capital protected and carry no deposit insurance. Their net asset value can fall. SEBI requires liquid schemes to hold a minimum proportion in liquid assets, to mark holdings to market and to invest only in instruments of up to 91 days residual maturity, but credit and liquidity risk remain.
Permitted instruments, minimum credit quality, concentration limits by counterparty and by asset manager, tenure bands matched to obligations, authorised signatories, and a review cadence.
No. We help evaluate options, draft or review the policy framework and coordinate deployment and reporting. We do not manage company funds directly and we do not provide legal or tax advice.
These answers are general information only and are not investment, legal or tax advice. Eligibility, permitted instruments, governance requirements and tax treatment depend on entity type, the company's own policy and applicable regulations, and may change over time.