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  • Mahindra Manulife Overnight Fund (Growth)
Mahindra Mutual Fund

Mahindra Manulife Overnight Fund (Growth)

DebtOvernight

1252.0954

NAV (Jun 24)

5.4%
3 Year CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

Scripbox Recommended Overnight Funds
Want the most stable overnight funds for your portfolio?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1252.0954

NAV (Jun 24)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.3%
Last 5Y
NA
Last 10Y
NA
Since Inception
4.7%
6 Month CAGR
3.3%

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
0.19
Launched (5y ago)
Jul 24, 2019
AUM in Crores
295.066
ISIN
INF174V01812
Lock-in
No Lock-in
Benchmark
CRISIL Liquid Overnight TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
0.4
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-14.109
Sharpe Ratio (5yr)
0
YTM
6.71
Fund Managers

Rahul Pal

Fund Manager

Amit Garg

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mahindra Manulife Overnight Fund (Growth)70%8,34,080 1,01,4685.4%
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.

Asset allocation and Holdings

Last updated on 2024-06-24

Top Debt Holdings

reverse repo

99.1%
99.1%

182 Days Treasury Bill 20-06-2024

0.3%
0.3%

182 Days Treasury Bill 11-07-2024

0.3%
0.3%

net receivables / (payables)

0.1%
0.1%

triparty repo

0.1%
0.1%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,017 cr

₹ 10,612 cr

₹ 47,907 cr

₹ 14,537 cr

₹ 15,157 cr

amc-img

About the AMC

Mahindra Manulife Investment Management Pvt. Ltd.

Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth 22,961 crores and was set up on 20 June 2013. It's current offering of mutual fund schemes includes 26 equity,25 debt and 9 hybrid funds.amc-img
phone-img022-66327900
Fund NameScripbox Opinion
Till Date CAGR

5.1%

5.5%

10%

9.3%

5.7%

5.9%

7%

8.4%

7%

8.4%

Mahindra Manulife Overnight Fund (G) Review

Mahindra Manulife Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4.7% over a period of 4 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 (G) as of 6/24/2024 is ₹1252.10 with the total AUM as of 6/25/2024 is ₹295.066. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mahindra Manulife Overnight Fund (G) was launched on Jul 24, 2019. The category risk of the fund is Low Risk.

The minimum SIP amount for Mahindra Manulife Overnight Fund (G) 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 (G) 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 Liquid Overnight TR INR.

Mahindra Manulife Overnight Fund (G) is rated as a 0 fund in Debt and delivered 6.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mahindra Manulife Overnight Fund (G).

Frequently Asked Questions

What is Mahindra Manulife Overnight Fund (G)?

Mahindra Manulife Overnight Fund (G) is a Overnight Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Mahindra Manulife Overnight Fund (G)?

You can invest in Mahindra Manulife Overnight Fund (G) 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 (G)?

The minimum sip amount for Mahindra Manulife Overnight Fund (G) is ₹0. You can invest in multiples of ₹5000.

Is Mahindra Manulife Overnight Fund (G) good to invest in?

As per Scripbox experts, Mahindra Manulife Overnight Fund (G) is a Not Reviewed Yet fund. You can investMahindra Manulife Overnight Fund (G) 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 (G)?

The expense ratio of the Mahindra Manulife Overnight Fund (G) is 0.19% for regular plan.