About Axis Overnight Fund Direct - Dividend Daily Reinvestment
Axis Overnight Fund Direct - Dividend Daily Reinvestment is a Debt
mutual fund scheme from Axis Mutual Fund
. This scheme was launched on 15 Mar 2019 and is currently managed by its fund manager Aditya Pagaria
. It has an AUM of ₹2,809.56 Crores and the latest NAV decalared is ₹1000.507 as on 05 Jun 2020 at 12:06 pm.
Axis Overnight Fund Direct - Dividend Daily Reinvestment scheme return performance in last 1 year is 4.70%, is 6.02% since scheme launch. The min. SIP amount to invest in this scheme is ₹5000.
The Scheme seeks to provide reasonable returns commensurate with very low interest rate risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day.