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Fund Overview of Mahindra Manulife Overnight Fund Direct-growth
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₹83.7 CrAUM
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₹1,409.23NAV
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0.14%Expense Ratio
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DebtFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Mahindra Manulife Overnight Fund Direct-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 1.29% | NA | 1.35% |
| 6 Months | 2.56% | NA | 2.84% |
| 1 Year | 5.33% | 5.33% | 6.21% |
| 2 Years | 12.13% | 5.89% | 6.50% |
| 3 Years | 19.75% | 6.19% | 6.44% |
| 5 Years | 31.42% | 5.62% | 5.23% |
Compare Mahindra Manulife Overnight Fund Direct-growth with other mutual funds in the same category
Mahindra Manulife Overnight Fund Direct-growth
Bank Of India Overnight Fund Direct-growth
Bank Of India Overnight Fund Direct-idcw Daily
Asset Allocation
debt instruments
8.60%other assets or cash equivalents
91.40%Mahindra Manulife Overnight Fund Direct-growth is one Debt mutual fund offered by Mahindra Manulife Mutual Fund. Launched on 23 Jul 2019, the fund aims To generate reasonable returns with high levels of safety and convenience of liquidity over short term. To invest in debt and money market instruments having maturity of upto 1 business day. It manages assets worth ₹83.7 crore as on Sun May 31, 2026. The expense ratio stands at 0.14%. Fund Manager Manager Education Fund Manager Manager EducationAbout Mahindra Manulife Overnight Fund Direct-growth
The portfolio allocation consists of 8.60% in debt instruments, 91.40% in other assets or cash equivalents.Managed by Rahul Pal, it has delivered a return of 5.33% in the last year, a total return since inception of 5.09%.
Selecting an appropriate best sip investment has an important role for long-term wealth creation.
Key Metrics of Mahindra Manulife Overnight Fund Direct-growth
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Standard Deviation0.19%
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Sharpe Ratio0.94%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Bank Of India Overnight Fund Direct-growth  |
₹143 | 0.44% | 1.49% | 5.59% | 6.34% | 5.73% |
| Bank Of India Overnight Fund Direct-idcw Daily |
₹143 | 0.44% | 1.49% | 5.59% | 6.34% | 5.73% |
| Bank Of India Overnight Fund Direct-idcw Monthly |
₹143 | 0.44% | 1.49% | 5.59% | 6.34% | 5.73% |
| Bank Of India Overnight Fund Regular-growth |
₹143 | 0.43% | 1.48% | 5.56% | 6.31% | 5.70% |
| Bank Of India Overnight Fund Regular-idcw Daily |
₹143 | 0.43% | 1.48% | 5.56% | 6.31% | 5.70% |
| Bank Of India Overnight Fund Regular-idcw Monthly |
₹143 | 0.43% | 1.48% | 5.56% | 6.31% | 5.70% |
| Axis Overnight Fund Direct-growth |
₹11,863 | 0.44% | 1.31% | 5.37% | 6.23% | 5.64% |
| Axis Overnight Fund Direct-idcw Daily |
₹11,863 | 0.44% | 1.31% | 5.37% | 6.23% | 5.64% |
| Axis Overnight Fund Direct-idcw Monthly |
₹11,863 | 0.44% | 1.31% | 5.37% | 6.23% | 5.64% |
| Axis Overnight Fund Direct-idcw Weekly |
₹11,863 | 0.44% | 1.31% | 5.37% | 6.23% | 5.64% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Mahindra Manulife Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
|
Mahindra Manulife Overnight Fund Regular-growth
|
₹84 | 0.42% | 1.27% | 2.51% | 5.23% | 6.09% |
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Mahindra Manulife Overnight Fund Regular-idcw Daily
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₹84 | 0.42% | 1.27% | 2.51% | 5.23% | 6.09% |
|
Mahindra Manulife Overnight Fund Direct-idcw Daily
|
₹84 | 0.43% | 1.29% | 2.56% | 5.33% | 6.19% |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| SBI Overnight Fund Regular-growth |
₹27,025 | ₹4,367.34 | 6.08% | 5.50% | 5.31% |
| SBI Overnight Fund Direct-growth |
₹27,025 | ₹4,427.11 | 6.16% | 5.58% | 5.39% |
| SBI Overnight Fund Regular-idcw Daily |
₹27,025 | ₹1,367.84 | 6.08% | 5.50% | 5.31% |
| SBI Overnight Fund Direct-idcw Daily |
₹27,025 | ₹1,374.12 | 6.16% | 5.58% | 5.39% |
| SBI Overnight Fund Regular-idcw Weekly |
₹27,025 | ₹1,396.66 | 6.08% | 5.50% | 5.31% |
| SBI Overnight Fund Direct-idcw Weekly |
₹27,025 | ₹1,403.17 | 6.16% | 5.58% | 5.39% |
| ICICI Prudential Overnight Fund-growth |
₹13,075 | ₹1,458.08 | 6.12% | 5.52% | - |
| ICICI Prudential Overnight Fund Direct-growth |
₹13,075 | ₹1,467.25 | 6.19% | 5.60% | - |
| ICICI Prudential Overnight Fund-idcw Daily |
₹13,075 | ₹1,000.01 | 6.12% | 5.52% | - |
| ICICI Prudential Overnight Fund Direct-idcw Daily |
₹13,075 | ₹1,000.01 | 6.19% | 5.60% | - |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Reverse Repo | Unspecified | 54.86% | ₹45.93 Cr |
| Repo | Unspecified | 36.52% | ₹30.57 Cr |
| Government Of India 36838 182 Days Tbill 18ju26 Fv Rs 100 | Financial | 4.29% | ₹3.59 Cr |
| Government Of India 36043 364 Days Tbill 04ju26 Fv Rs 100 | Financial | 3.88% | ₹3.25 Cr |
| Others Cblo | Unspecified | 0.43% | ₹0.36 Cr |
| Net Receivables | Unspecified | 0.02% | ₹0.01 Cr |
Top Debt Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Bank Of India Overnight Fund Direct-growth |
₹1,385.16 | 6.34% | 5.73% | - |
| Bank Of India Overnight Fund Direct-idcw Daily |
₹1,000.00 | 6.34% | 5.73% | - |
| Bank Of India Overnight Fund Direct-idcw Monthly |
₹1,003.10 | 6.34% | 5.73% | - |
| Bank Of India Overnight Fund Regular-growth |
₹1,380.96 | 6.31% | 5.70% | - |
| Bank Of India Overnight Fund Regular-idcw Daily |
₹1,000.00 | 6.31% | 5.70% | - |
| Bank Of India Overnight Fund Regular-idcw Monthly |
₹1,003.08 | 6.31% | 5.70% | - |
| Axis Overnight Fund Direct-growth |
₹1,441.38 | 6.23% | 5.64% | - |
| Axis Overnight Fund Direct-idcw Daily |
₹1,000.51 | 6.23% | 5.64% | - |
| Axis Overnight Fund Direct-idcw Monthly |
₹1,004.11 | 6.23% | 5.64% | - |
| Axis Overnight Fund Direct-idcw Weekly |
₹1,000.99 | 6.23% | 5.64% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Mahindra Manulife Overnight Fund Direct-growth
What is the current AUM of Mahindra Manulife Overnight Fund Direct-growth?
As of Sun May 31, 2026, Mahindra Manulife Overnight Fund Direct-growth manages assets worth ₹83.7 crore
How has Mahindra Manulife Overnight Fund Direct-growth performed recently?
- 3 Months: 1.29%
- 6 Months: 2.56%
What is the long-term performance of Mahindra Manulife Overnight Fund Direct-growth?
- 3 Years CAGR: 6.19%
- 5 Years CAGR: 5.62%
- Since Inception: 5.09%
What is the portfolio composition of Mahindra Manulife Overnight Fund Direct-growth?
Debt: 8.60%, Others: 91.40%.
Who manages Mahindra Manulife Overnight Fund Direct-growth?
Mahindra Manulife Overnight Fund Direct-growth is managed by Rahul Pal from Mahindra Manulife Mutual Fund.
Which are the top companies Mahindra Manulife Overnight Fund Direct-growth has invested in?
- Reverse Repo – 54.86% of the fund's portfolio
- Repo – 36.52% of the fund's portfolio
- GOVERNMENT OF INDIA 36838 182 DAYS TBILL 18JU26 FV RS 100 – 4.29% of the fund's portfolio
- GOVERNMENT OF INDIA 36043 364 DAYS TBILL 04JU26 FV RS 100 – 3.88% of the fund's portfolio
- Others CBLO – 0.43% of the fund's portfolio
Which are the major sectors Mahindra Manulife Overnight Fund Direct-growth focuses on?
- Unspecified – 91.83% of the fund's portfolio
- Financial – 8.17% of the fund's portfolio
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Past performance may not be indicative of future results.
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