About Mahindra Overnight Fund Direct - Dividend Daily
Mahindra Overnight Fund Direct - Dividend Daily is a Debt mutual fund scheme from Mahindra Manulife Mutual Fund. This scheme was launched on 23 Jul 2019 and is currently managed by its fund managers Rahul Pal and Amit Garg. It has an AUM of ₹294.97 Crores and the latest NAV decalared is ₹1000.158 as on 03 Jul 2020 at 9:30 pm.
Mahindra Overnight Fund Direct - Dividend Daily scheme return performance is 4.05% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
23 Jul 2019
The scheme seeks to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day including TREPS (Tri-Party Repo) and Reverse Repo.