Become a PartnerBecome a Partner - Get 100% Brokerage Sharing
m.Stock by Mirae AssetOpen Demat Account
m.Stock by Mirae Asset
LoginOpen Demat Account
m.Stock by Mirae Asset
LoginOpen Demat Account
/MF-Logo-img/68409.png

Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI

Overnight Fund
Invest Now

  • NAV

    1350.87(0.01%)

  • Fund Size (CR)

    ₹72.41

  • Expense Ratio

    0.1

  • Scheme Type

    Active Fund

  • Value Research

    -

  • Min. investment

    ₹1,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹undefined

  • Minimum Withdrawal

    ₹1,000

  • Exit Load Nil

    0%

  • Return Since Launch

    6.88%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 1.37%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Rahul Pal

Bench Mark

CRISIL Liquid Overnight Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 29 July 202510010.140.10%-0.09%75/261
1 Month5 July 202510045.030.45%-0.41%92/257
3 Month5 May 202510137.101.37%-1.28%84/256
6 Month5 February 202510308.443.08%-2.66%17/253
1 Year5 August 202410648.206.48%6.48%5.68%14/251
3 Year5 August 202212817.8028.18%8.62%5.77%3/221
5 Year5 August 202014391.6243.92%7.55%5.11%1/169
Since Inception23 July 201914946.6349.47%6.88%5.78%7/261

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 September 20241,20,000136522.0013.77% 13.77%
3 Year1 September 20223,60,000442576.8622.94% 7.13%
5 Year1 September 20206,00,000795514.2732.59% 5.80%
10 Year-----

Note: SIP Returns since Inception Date.

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

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.99%

Standard Deviation

-0.02%

Beta

0.65%

Sharpe Ratio

20.45%

Treynor's Ratio

2.39%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
There's no data available of Stock Holdings

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI
72.410.45%1.37%3.08%6.48%8.62%
PGIM India Overnight Fund - Direct (IDCW-W)
49.690.55%1.65%5.63%13.88%9.54%
Bandhan Overnight Fund - Direct (IDCW-W) RI
1007.100.42%6.68%8.28%12.82%8.58%
TRUSTMF Overnight Fund - Direct (IDCW-D) RI
58.960.59%1.87%3.83%8.20%7.36%
Bandhan Overnight Fund - Direct (IDCW-D) RI
1007.100.51%1.63%3.64%7.97%8.17%
Helios Overnight Fund - Direct (IDCW-D) RI
166.100.55%1.53%3.15%6.74%-

List of Schemes under Mahindra Manulife Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Mahindra Manulife Asia Pacific REITs FOFOtherVery High14.85%0₹32.41
Mahindra Manulife Mid Cap FundEquityVery High-5.32%3₹3,990.47
Mahindra Manulife Equity Savings FundHybridModerately High3.94%2₹571.37
Mahindra Manulife Small Cap FundEquityVery High-6.46%0₹4,065.41
Mahindra Manulife Balanced Advantage FundHybridModerately High2.75%3₹932.65
Mahindra Manulife Manufacturing FundEquityVery High-6%0₹888.08
Mahindra Manulife Arbitrage FundHybridLow6.3%2₹89.92
Mahindra Manulife Banking & Financial Services FundEquityVery High0%0₹0.00
Mahindra Manulife Large Cap FundEquityVery High-2.32%4₹729.81
Mahindra Manulife Aggressive Hybrid FundHybridVery High3.41%4₹1,797.70
Mahindra Manulife Consumption FundEquityVery High-4.45%2₹513.13
Mahindra Manulife Large & Mid Cap FundEquityVery High-2.81%3₹2,765.30
Mahindra Manulife Multi Asset Allocation FundHybridHigh7.91%0₹623.82
Mahindra Manulife Overnight FundDebtLow6.3%3₹144.20
Mahindra Manulife Liquid FundDebtModerate7.15%4₹1,191.59
Mahindra Manulife Low Duration FundDebtModerate8.41%4₹630.06
Mahindra Manulife Flexi Cap FundEquityVery High-1.52%4₹1,559.61
Mahindra Manulife Business Cycle FundEquityVery High-7.44%0₹1,266.92
Mahindra Manulife ELSS Tax Saver FundEquityVery High-1.66%3₹979.66
Mahindra Manulife Focused FundEquityVery High-4.44%4₹2,186.31
Mahindra Manulife Value FundEquityVery High0%0₹450.32
Mahindra Manulife Short Duration FundDebtModerate9.33%3₹91.47
Mahindra Manulife Ultra Short Duration FundDebtModerately Low7.84%4₹230.28
Mahindra Manulife Multi Cap FundEquityVery High-1.03%3₹5,761.84
Mahindra Manulife Dynamic Bond FundDebtModerate9.01%3₹97.40

News

There are no new Updates!

Fund House Details & Investment Objective

Date of Incorporation

22 July 2019

Total AUM (Cr)

₹144.20

Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI is an Overnight Fund-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in 22 July 2019, this fund is managed by Rahul Pal. With assets under management (AUM) worth ₹144.2 (Cr), as of 6 August 2025, Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI is categorized as a Overnight Fund within its segment. The fund has generated a return of 6.88% since its launch.
The current NAV of Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI is ₹1,350.87, as on 6 August 2025. The fund's benchmark index is CRISIL Liquid Overnight Index. You can invest in Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 8.62% and 7.55% 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 99.95% in Debt and 0.05% in cash and cash equivalents.

FAQs

How to Invest in Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI Direct Growth?

Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI is a popular fund in the Overnight Fund segment. The fund has generated a return of 6.88% since inception. Looking to invest in Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI How about earning 1% extra return? All this is possible with m.Stock! Investing in Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI 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 on Mutual Funds, Delivery & IPO.
  • 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 (IDCW-D) RI
  • 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: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode 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: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

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

How much returns has Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI Direct Growth generated?

In the short term, i.e., 1 year, Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI has generated annualised return of 6.48%. In the long-term, the fund has generated 8.62% and 7.55% in 3 and 5 years respectively. Since its inception, the fund has generated 6.88% returns.

What is the expense ratio of Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI Direct Growth?

The expense ratio of Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI Direct Growth is 0.10%. 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.

What is the AUM of Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI Fund Direct Growth?

The Assets Under Management (AUM) of Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI is ₹144.2 (Cr) as of 2025-08-06 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI Direct Growth?

Redeeming or selling units of Mahindra Manulife Overnight Fund - Dir (IDCW-D) RI 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 (IDCW-D) RI:
  • 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 (IDCW-D) RI).
  • 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).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.