About Mahindra Overnight Fund Direct - Growth
Mahindra Overnight Fund Direct - Growth 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 ₹252.46 Crores and the latest NAV decalared is ₹1043.701 as on 03 Aug 2020 at 8:31 pm.
Mahindra Overnight Fund Direct - Growth scheme return performance in last 1 year is 4.21%, is 4.34% 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.