Mahindra Manulife Overnight Fund Direct Growth

Mahindra Manulife Overnight Fund Direct Growth

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Debt
Direct
Overnight
NAV: ₹ 1213.1 as on 04-12-2023
Fund Performance

About the Mahindra Manulife Overnight Fund Direct Growth

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 ₹190 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.

Mahindra Manulife Overnight Fund Direct Growth Overview

Expense ratio
Expense ratio
0.09%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹190 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 Growth Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Oct'23

Sep'23

Aug'23

Cash Equivalent
100%

Top Holdings of Mahindra Manulife Overnight Fund Direct Growth as on (30-Nov-23)

  • Debt & Cash

Debt Holdings1
Holdings
Weight%
1M Change
364 DTB 23112023
364 DTB 23112023
0.53%
0%

Mahindra Manulife Overnight Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Oct'23
Sep'23
Aug'23
AUM
₹ 147.8 Cr
₹ 281.4 Cr
₹ 224.1 Cr
  • AUM of the fund stands at 147.8 Cr as of Oct'23
  • AUM decreased by 133.6 Cr between Oct'23 and Sep'23

Mahindra Manulife Overnight Fund Direct Growth Fund Manager

Rahul Pal
Rahul Pal
Fund Manager of Mahindra Manulife Overnight Fund Direct Growth, since 24 July 2019
Amit Garg
Amit Garg
Fund Manager of Mahindra Manulife Overnight Fund Direct Growth, since 8 June 2020

Mahindra Manulife Overnight Fund Direct Growth 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 4.52% since inception which is more than its category average return of 3.52%
AUM size ₹190 Cr

AUM size ₹190 Cr

This fund has AUM of ₹190 Cr which is less than its category average of ₹ 3140 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 Growth is ₹1213.14 as on 04-Dec-2023.
Existing (Absolute + CAGR) as on 04-Dec-2023.
Mahindra Manulife Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.55%
0.55%
6 Month Returns
3.34%
3.34%
1 Year Returns
6.65%
6.65%
3 Years Returns
15.03%
4.78%
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 November 2023
₹190 Cr as on November 2023
Yield to Maturity is 6.86 as on November 2023. 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 as on November 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
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%