About Mahindra Overnight Fund Direct - Dividend Daily
Mahindra Overnight Fund Direct - Dividend Daily is a Debt
mutual fund scheme from Mahindra Mutual Fund
. This scheme was launched on 23 Jul 2019 and is currently managed by its fund manager Rahul Pal
. It has an AUM of ₹9.29 Crores and the latest NAV decalared is ₹1000.160 as on 21 Oct 2019 at 12:03 am.
Mahindra Overnight Fund Direct - Dividend Daily scheme return performance is 1.22% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
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.