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  • Mahindra Mutual Fund
  • Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A)
Mahindra Mutual Fund

Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A)

DebtOvernight

1000

NAV (Jan 19)

0%
Till Date CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in overnight mutual funds.

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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

0 Years. The Fund has a Short history for analysis. We recommend funds with longer history.

Relative Size

299 Cr. Negligible within the category

Impact of Interest Rate Changes

Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

Invest in this fund
Explore a better alternative to this fund with a Scripbox plan.
Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment

No single fund can achieve what a plan can. Learn why

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

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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.

Expense Ratio

0

Launched (0y ago)

Jan 01, 2022

AUM in Crores

298.162

ISIN

Lock-in

No Lock-in

Benchmark

CRISIL Overnight Index TR INR

SIP Minimum

0

Lumpsum Min.

5000

Fund Managers
user-avatar

Amit Garg

Fund Manager

user-avatar

Rahul Pal

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

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.

comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)
Kotak Savings Fund (G)

₹ 11,223 cr

5

₹ 28,408 cr

5

₹ 9,119 cr

5

₹ 23,456 cr

5

₹ 26,625 cr

5

amc-icon

About the AMC

Mahindra Manulife Investment Management Pvt. Ltd.

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.

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  • tel-amc-about
    022-66327900
  • mail-amc-about
    mfinvestors@mahindra.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    27.8%

    17.8%

    5.1%

    5.5%

    4.7%

    5.8%

    27.7%

    17.7%

    27.7%

    17.7%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    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)?

    How to invest in Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A)?

    What is the minimum sip amount of Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A)?

    Is Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A) good to invest in?

    What is the expense ratio of the Mahindra Manulife Overnight Fund Unclaimed Redemption IDCW beyond 3 years (PIDCW-A)?