|Min SIP Amount||₹500|
|NAV||₹1000.00 (30 Nov 2020)|
|Fund Started||26 Mar 2019|
|Fund Size||₹1,536 Cr|
Tata Overnight Fund Regular Dividend Daily is a Debt Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 26 Mar 2019. Amit Somani is the Current Fund Manager of Tata Overnight Fund Regular Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹1,536 Cr and the Latest NAV as of 30 Nov 2020 is ₹1000.00.
The Tata Overnight Fund Regular Dividend Daily is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.