Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl

Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl

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Debt
Direct
Overnight
NAV: ₹ 1255.17 as on 26-05-2024

About the Fund

Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl is a debt fund. This fund was started on 24 July, 2019. The fund is managed by Amit Garg, Rahul Pal. This fund is suitable to keep your money safe.

Key Parameters

  1. Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl has ₹274 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.
Fund Performance

Overview

Expense ratio
Expense ratio
0.09%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹274 Cr
Inception Date
Inception Date
24 July, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1.99%

Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
97.6%
Government
2.4%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 148.3 Cr
₹ 74.3 Cr
₹ 168.8 Cr
  • AUM of the fund stands at 148.3 Cr as of Apr'24
  • AUM increased by 74 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Amit Garg
Amit Garg
Fund Manager of Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl, since 8 June 2020
Rahul Pal
Rahul Pal
Fund Manager of Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl, since 24 July 2019

Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.73% since inception which is more than its category average return of 3.65%
AUM size ₹274 Cr

AUM size ₹274 Cr

This fund has AUM of ₹274 Cr which is less than its category average of ₹ 2736 Cr
Expense Ratio 0.09%

Expense Ratio 0.09%

This fund has an expense ratio of 0.09% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions

The current NAV of Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl is ₹1255.17 as on 26-May-2024.
Existing (Absolute + CAGR) as on 26-May-2024.
Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.54%
0.54%
6 Month Returns
3.35%
3.35%
1 Year Returns
6.81%
6.81%
3 Years Returns
26.62%
8.18%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.09% as on April 2024
₹274 Cr as on April 2024
Yield to Maturity is 6.73 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.01 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Amit Garg, Rahul Pal are the fund managers of Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl
The Exit load of Mahindra Manulife Overnight Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl is 0%