India, Sept. 1 -- Monarch Mutual Fund has launched a new Open Ended Growth scheme named "Monarch Overnight Fund" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 1,000.00 per unit, which will open for subscription from Sep 03 to Sep 07, 2026.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Daily IDCW Reinvestment, Growth, IDCW-Daily, IDCW-Monthly, Monthly IDCW Reinvestment.
The fund manager of the scheme will be Sanjay Motta, while the performance of the scheme will be benchmarked against .
The objective of th...