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Mutual Funds

Mahindra Manulife Overnight Fund

Ma

Mahindra Manulife Overnight Fund

OvernightRank #25
3/5

NAV (2026-07-14)

1404.65

AUM

₹62.45 Cr

Exp. Ratio: 0.23%

RISK LEVEL

Low

Returns & Performance

1 Year5.22%0.08% vs cat avgRank #23
3 Year6.05%0.04% vs cat avgRank #23
5 Year5.54%0.04% vs cat avgRank #15
Since Launch4.99%--

Fund vs Category Average

1Y
5.22%+0.08%
3Y
6.05%+0.04%
5Y
5.54%+0.04%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
Above category avg 5Y returns
No lock-in period
Low expense ratio (0.23%)

Cons

1Y category rank outside top 15 (#23)
Overall rank #25 in category
ISININF174V01812
NAV₹1404.65
NAV Date2026-07-14
AUM₹62.45 Cr
Expense Ratio0.23%
RiskLow
Rating3 / 5
Min Additional Inv.₹1000
SIP AllowedNo
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2016-02-04

INVESTMENT OBJECTIVE

The scheme seeks 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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Amit Garg

Mr Garg is a B.Com, MMS Finance, CFA

Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.

Top Holdings

Holdings data not available for this scheme