Mahindra Manulife Overnight Fund - Dir (G)


Overnight Fund
  • NAV 1212.69 (0%)
  • Fund Size (Cr) ₹147.84
  • Expense Ratio 0.09
  • Scheme Type Active Fund
  • Value Research
  • Minimum investment ₹1000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment -
  • Minimum Withdrawal ₹1000
  • Exit Load 0%
  • Return Since Launch 4.52%

Basic Details

Scheme Manager
Rahul Pal
Bench Mark
CRISIL Liquid Overnight Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 24-Nov-23
  • 10012.90
  • 0.13%
  • -
  • 0.11%
  • 65/274
  • 1 Month
  • 01-Nov-23
  • 10055.17
  • 0.55%
  • -
  • 0.47%
  • 72/274
  • 3 Month
  • 01-Sep-23
  • 10167.52
  • 1.68%
  • -
  • 1.50%
  • 66/269
  • 6 Month
  • 01-Jun-23
  • 10333.22
  • 3.33%
  • -
  • 2.98%
  • 69/248
  • 1 Year
  • 01-Dec-22
  • 10664.48
  • 6.64%
  • 6.64%
  • 5.93%
  • 52/241
  • 3 Year
  • 01-Dec-20
  • 11501.01
  • 15.01%
  • 4.77%
  • 4.67%
  • 42/176
  • 5 Year
  • 0
  • 0%
  • -
  • 4.63%
  • -/-
  • Since Inception
  • 23-Jul-19
  • 12124.71
  • 21.25%
  • 4.52%
  • 5.65%
  • 146/273

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Jan-23
  • 120000
  • 123717.37
  • 3.10%
  • 3.10%
  • 3 Year
  • 01-Jan-21
  • 360000
  • 390450.80
  • 8.46%
  • 2.74%
  • 5 Year
  • 01-Aug-19
  • 530000
  • 590559.65
  • 11.43%
  • 2.19%
  • 10 Year
  • 01-Aug-19
  • 530000
  • 590559.65
  • 11.43%
  • 1.09%

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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  • Expected Returns Rate

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  • Time Period

    yrs

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  • Invested Amount

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  • Estimated Returns

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Risk Ratios

  • Standard Deviation
    0.12%
  • Beta
    0.00%
  • Sharpe Ratio
    10.85%
  • Treynor’s Ratio
    373.59%
  • Jension’s Alpha
    4.45%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • TBILL-364D
  • 0.53%
  • 100000
  • 1.00
  • T Bills
  • T Bills
  • Reverse Repo
  • 98.73%
  • 1876023896
  • 187.60
  • Reverse Repo
  • Debt Others
  • TREPS
  • 0.43%
  • 0
  • 0.82
  • Reverse Repo
  • Debt Others
  • Net CA & Others
  • 0.31%
  • 0
  • 0.60
  • Net CA & Others
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Mahindra Manulife Overnight Fund - Dir (G)
  • 147.84
  • 0.55%
  • 1.68%
  • 3.33%
  • 6.64%
  • 4.77%
  • Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI
  • 147.84
  • 0.55%
  • 1.68%
  • 3.34%
  • 12.95%
  • 8.50%
  • Shriram Overnight Fund - Direct (IDCW-D) RI
  • 74.3
  • 0.51%
  • 3.51%
  • 5.32%
  • 9.04%
  • -
  • Bandhan Overnight Fund - Direct (IDCW-D) RI
  • 1587
  • 0.64%
  • 2.02%
  • 4.10%
  • 8.23%
  • 6.05%
  • PGIM India Overnight Fund - Direct (IDCW-D) RI
  • 65.68
  • 1.73%
  • 2.80%
  • 4.40%
  • 7.77%
  • 5.25%
  • Invesco India Overnight Fund - Dir (IDCW-D) RI
  • 971.93
  • 0.61%
  • 2.12%
  • 4.09%
  • 7.52%
  • 5.23%

News

  • Mahindra Manulife MF Announces change in scheme name Mahindra Manulife Mutual Fund has announced change in scheme name under the following scheme, with effect from 20 November 2023:

    Change in the name of the Scheme:

    Existing Name Revised Name
    Mahindra Manulife ELSS Fund Mahindra Manulife ELSS Tax Saver Fund

    Powered by Capital Market - Live News

  • Mahindra Manulife MF Announces Change in the Address Mahindra Manulife Mutual Fund announced that of the shifting of Corporate Office of the MMIMPL (Investment Manager to the Fund) and MMTPL (Trustees to the Fund), as per the details provided below:

    Location Existing Address New Address Effective Date
    Maharashtra 1(st) Floor, Sadhana House, Behind Mahindra Towers, 570 PB Marg, Worli, Mumbai- 400 018. Unit No. 204, 2nd Floor, Amiti Building, Piramal Agastya Corporate Park, LBS Road, Kamani Junction, Kurla (W), Mumbai - 400 070. 4 September 2023

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 22-Jul-2019
  • Total AUM (Cr) ₹190.02

Mahindra Manulife Overnight Fund - Dir (G) is an Overnight Fund-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in Jul 2019, this fund is managed by Rahul Pal. With assets under management (AUM) worth ₹190.02 (Cr), as of 03-Dec-2023, Mahindra Manulife Overnight Fund - Dir (G) is categorized as a Overnight Fund within its segment. The fund has generated a return of 4.52% since its launch.
The current NAV of Mahindra Manulife Overnight Fund - Dir (G) is ₹1212.69, as on 03-Dec-2023. The fund’s benchmark index is CRISIL Liquid Overnight Index. You can invest in Mahindra Manulife Overnight Fund - Dir (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹1000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 4.77% and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 99.69% in Debt and 0.31% in cash and cash equivalents

FAQs on Mahindra Manulife Overnight Fund - Dir (G)

Mahindra Manulife Overnight Fund - Dir (G) is a popular fund in the Overnight Fund segment. The fund has generated a return of 4.52% since inception. Looking to invest in Mahindra Manulife Overnight Fund - Dir (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Mahindra Manulife Overnight Fund - Dir (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Mahindra Manulife Overnight Fund - Dir (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mahindra Manulife Overnight Fund - Dir (G) today and reap the benefits of this Overnight Fund fund!

In the short term, i.e., 1 year, Mahindra Manulife Overnight Fund - Dir (G) has generated annualised return of 6.64%. In the long-term, the fund has generated 4.77% and - in 3 and 5 years respectively. Since its inception, the fund has generated 4.52% returns.

The expense ratio of Mahindra Manulife Overnight Fund - Dir (G) Direct Growth is 0.09%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Mahindra Manulife Overnight Fund - Dir (G) is ₹190.02 (Cr) as of 03 December 2023. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Mahindra Manulife Overnight Fund - Dir (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mahindra Manulife Overnight Fund - Dir (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Mahindra Manulife Overnight Fund - Dir (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Mahindra Manulife Overnight Fund - Dir (G). Minimum lumpsum investment Mahindra Manulife Overnight Fund - Dir (G) is ₹1000 and minimum SIP amount is -. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Mahindra Manulife Overnight Fund - Dir (G) is ₹1212.69 as on 03 December 2023.

The 5 biggest stock holdings of Mahindra Manulife Overnight Fund - Dir (G) are:
TBILL-364D (0.53%), Reverse Repo (98.73%), TREPS (0.43%), Net CA & Others (0.31%)

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