About IDFC Overnight Fund Direct - Dividend Monthly
IDFC Overnight Fund Direct - Dividend Monthly is a Debt mutual fund scheme from IDFC Mutual Fund. This scheme was launched on 18 Jan 2019 and is currently managed by its fund manager Brijesh Shah. It has an AUM of ₹865.29 Crores and the latest NAV decalared is ₹1002.557 as on 16 Feb 2020 at 12:00 am.
IDFC Overnight Fund Direct - Dividend Monthly scheme return performance in last 1 year is 5.54%, is 1.25% since scheme launch. The min. SIP amount to invest in this scheme is ₹5000.
18 Jan 2019
The scheme seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates.