RP
Rahul PalFund Manager Since 24 Jul 2019
Money MarketOvernight
Mahindra Manulife Overnight Fund Direct Growth
3Y Annualised
6.27%
0.02% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
0.48%
0.02% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
11 years 5 months
NIFTY 50
6 years 2 months
FD
9 years 7 months
Fund info
Fund size
₹155.99 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹1000
Exit load
0%
Nil
Risk Profile
Low Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
PGIM India Overnight Fund Direct Weekly Payout Inc Dist cum Cap Wdrl
1.58%
2nd
PGIM India Overnight Fund Direct Weekly Reinvestment Inc Dist cum Cap Wdrl
1.58%
3rd
TRUSTMF Overnight Fund Regular Daily Reinvestment Inc Dist cum Cap Wdrl
0.58%
4th
DSP Overnight Fund Direct Weekly Payout of Income Distribution cum capital withdrawal option
0.58%
5th
DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option
0.58%
66th
Mahindra Manulife Overnight Fund Direct Growth
0.48%
Fund Managers
AG
Amit GargFund Manager Since 8 Jun 2020
About Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Overnight Fund Direct Growth is a Money Market mutual fund scheme from Mahindra Manulife Investment Management Pvt. Ltd.. This fund has been in existence for 5 years, having been launched on 2019-07-24. Mahindra Manulife Overnight Fund Direct Growth has ₹155.99 Cr worth of assets under management (AUM) as of Sun Mar 23 2025. The latest Net Asset Value (NAV) of Mahindra Manulife Overnight Fund Direct Growth as of Sat Mar 22 2025 is ₹1319.5017. The fund has an expense ratio of 0.09%, which is medium comparable to most other Money Market funds.
Mahindra Manulife Overnight Fund Direct Growth returns for the last 1 year are 6.64%. Since launch, it has delivered 5.01% average annual returns.
The Mahindra Manulife Overnight Fund Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of Mahindra Manulife Overnight Fund Direct Growth.
- Reverse Repo: 90.87%
- 91 DTB 20032025: 3.19%
- 91 DTB 13032025: 2.56%
- 91 DTB 28032025: 2.55%
- Net Receivables / (Payables): 0.66%
AMC Information
| Name | Mahindra Manulife Investment Management Pvt. Ltd. |
|---|---|
| Founding Date | 2019-07-24 |
| mfinvestors@mahindra.com | |
| Phone | 022-66327900 |
| Website | www.mahindramanulife.com |
| Address | 1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018 |
Tax Implications of Mahindra Manulife Overnight Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Mahindra Manulife Investment Management Pvt. Ltd.
Mahindra Manulife Low Duration Fund Direct Growth
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3Y CAGR
6.95%
expense ratio
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fund size
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Mahindra Manulife Equity Savings Fund Direct Growth
AllocationEquity Savings
3Y CAGR
10.12%
expense ratio
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fund size
₹543.63 Cr
Mahindra Manulife Low Duration Fund Regular Growth
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6.11%
expense ratio
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fund size
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Mahindra Manulife Multi Cap Fund Direct Plan Growth
EquityMulti-Cap
3Y CAGR
18.48%
expense ratio
0.43%
fund size
₹4448.49 Cr
Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth
EquityELSS (Tax Savings)
3Y CAGR
14.76%
expense ratio
0.62%
fund size
₹839.23 Cr
FAQs
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