Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Overnight Fund Direct Growth

Mahindra Manulife Overnight Fund Direct Growth

Compare
Debt
Direct
Overnight

NAV: ₹ 1138.5 as on 10-12-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1.4%
2.7%
4.6%
3.8%
Benchmark
-
-
-
-
-
About the Fund

Mahindra Manulife Overnight Fund Direct Growth is a debt fund. This fund was started on  24 July, 2019. The fund is managed by Rahul Pal, Amit Garg. This fund is suitable to keep your money safe.

Key parameters

1) Mahindra Manulife Overnight Fund Direct Growth has a NAV of 1138.5268 as on 10-12-2022.

2) Mahindra Manulife Overnight Fund Direct Growth has 229 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.12 %.

Fund Overview

Expense ratio
Expense ratio
0.12%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹229 Cr
Inception Date
Inception Date
24 July, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1.99%

Fund Distribution

  • Debt & Cash 100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Cash Equivalent

100%

Top Holdings

  • All
  • Debt & Cash
Total Holdings2
Debt Holdings2
Holdings
Weight%
Holdings Trend
1M Change
icon
Reverse Repo
78.91%
-23.8%
icon
182 Dtb 08122022
0.79%
0%

What changed

in last one month
  • Scheme
AUM decreased by 30.2 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 162.5 Cr
Sep'22
₹ 192.7 Cr
Aug'22
₹ 369.1 Cr

Fund Returns vs Benchmark

Oct'22
0.41%
0.36%
Sep'22
0.44%
0.40%
Aug'22
0.43%
0.41%
Fund Return
Benchmark Return

Fund Manager

Rahul Pal

Rahul Pal

Managing this fund since 24 July 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct Growth
13.19%
9.13%
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct Growth
20.5%
15.48%
Mahindra Manulife Liquid Fund Direct Plan Growth
4.23%
1.29%
Amit Garg

Amit Garg

Managing this fund since 8 June 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mahindra Manulife Overnight Fund Direct Growth
3.75%
--
Mahindra Manulife Liquid Fund Direct Plan Growth
4.23%
1.29%
Mahindra Manulife Ultra Short Term Fund Direct Growth
4.95%
4.29%

AMC details

Address
1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Fund House
Mahindra Manulife Investment Management Pvt. Ltd.

Fund Highlights

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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 3.9% since inception which is more than its category average return of 3.02%
AUM size ₹229 Cr

AUM size ₹229 Cr

This fund has AUM of ₹229 Cr which is less than its category average of ₹ 3508 Cr
Expense Ratio 0.12%

Expense Ratio 0.12%

This fund has an expense ratio of 0.12% which is less than its category average expense ratio of 0.14%

Frequently Asked Questions

The current NAV of Mahindra Manulife Overnight Fund Direct Growth is 1137.97.
Existing (Absolute + CAGR)
Mahindra Manulife Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.47%
0.47%
6 Month Returns
2.69%
2.69%
1 Year Returns
4.53%
4.53%
3 Years Returns
11.67%
3.75%
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.
0.12 as on November 2022
229 Cr as on November 2022
Rahul Pal,Amit Garg are the fund managers of Mahindra Manulife Overnight Fund Direct Growth
The Exit load of Mahindra Manulife Overnight Fund Direct Growth is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.