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However, Scripbox does not recommend investing in overnight mutual funds.
Overnight Funds invest in securities with a maturity of 1 day.
These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
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Historical NAV
₹ 1000
NAV (Jan 19)
Fund Returns
Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
0%
6 Month CAGR
NA
Scheme Information
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.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth 8,482 crores and was set up on 20 June 2013. It's current offering of mutual fund schemes includes 20 equity,22 debt and 9 hybrid funds.
Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) Review
Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) is a Overnight Debt fund and has delivered an annualised return of 0% over a period of 0 years. The fund is managed by Mahindra Manulife Investment Management Pvt. Ltd.. The fund managers are Amit Garg, Rahul Pal.
Nav of Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) as of 19/01/2022 is ₹1000.00 with the total AUM as of 20/01/2022 is ₹298.162. With Scripbox you can compare and check the latest nav
for all mutual funds in India. Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) was launched on Jan 01, 2022. The category risk of the fund is Low Risk.
The minimum SIP amount for Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000.
Check your estimated returns on mutual funds by using sip calculator.
Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Overnight Index TR INR.
Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) is rated as a 2 fund in Debt and delivered null% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A).
Frequently Asked Questions
What is Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A)?
Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) is a Overnight Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.
How to invest in Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A)?
You can invest in Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A)?
The minimum sip amount for Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) good to invest in?
As per Scripbox experts, Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) is a Neutral fund. You can invest Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A)?
The expense ratio of the Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) is null% for regular plan.
