Mahindra Overnight Fund

An open ended debt scheme investing in overnight securities

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Fund Options

Plans

  • Type : Mutual Fund
  • Asset Class : Debt

NAV
1018.8782

As of 09-Dec-2019

Fund Summary

  • Min Investment

    1000

  • Min SIP

    0

  • Lock In

    No

  • Exit Load

    NIL

Fund Manager:Rahul Pal

Total Experience: Collectively over 17 years of work experience in managing Fixed Income Portfolios

Riskometer

Riskometer

This Product is Suitable for investors who are seeking*

  • To generate reasonable returns with high levels of safety and convenience of liquidity over short term
  • To invest in debt and money market instruments having maturity of upto 1 business day
  • Investors should consult their financial advisors if in doubt about whether the product is suitable for them

INVESTMENT OBJECTIVE:

The primary objective of the Scheme is to seek 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. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

BENEFITS/ FEATURES:
Convenient 1 Day Investments

  • By investing in Overnight Securities the scheme endeavours to generate relatively stable return
  • No exit load for any investment period

Quality Portfolio

Will invest in debt &money market instruments with
  • Low risk
  • Low volatility

Ease Of Redemption

  • Redemption on T+1 basis under normal circumstances^

^ As per the SEBI (Mutual Funds) Regulations, 1996, the redemption or repurchase proceeds shall be dispatched within 10 working days from the date of redemption or repurchase

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.