How to Invest in Mahindra Manulife Overnight Fund IDCW Daily?

You can easily invest in Mahindra Manulife Overnight Fund IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mahindra Manulife Overnight Fund IDCW Daily from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mahindra Manulife Overnight Fund IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mahindra Manulife Overnight Fund IDCW Daily provide?

The Mahindra Manulife Overnight Fund IDCW Daily has been there from 23 Jul 2019 and the average annual returns provided by this fund is 6.03% since its inception.

How much expense ratio is charged by Mahindra Manulife Overnight Fund IDCW Daily?

The term Expense Ratio used for Mahindra Manulife Overnight Fund IDCW Daily or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mahindra Manulife Overnight Fund IDCW Daily is 0.19% as of 26 Sep 2025...

What is the AUM of Mahindra Manulife Overnight Fund IDCW Daily?

The AUM, short for Assets Under Management of Mahindra Manulife Overnight Fund IDCW Daily is ₹158.49Cr as of 26 Sep 2025.

How to Redeem Mahindra Manulife Overnight Fund IDCW Daily?

If you want to sell your Mahindra Manulife Overnight Fund IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mahindra Manulife Overnight Fund IDCW Daily?

You can select either SIP or Lumpsum investment of Mahindra Manulife Overnight Fund IDCW Daily based on your investment objective and risk tolerance.

What is the NAV of Mahindra Manulife Overnight Fund IDCW Daily?

The NAV of Mahindra Manulife Overnight Fund IDCW Daily is ₹1,196.40 as of 25 Sep 2025.

What is the PE and PB ratio of Mahindra Manulife Overnight Fund IDCW Daily?

The PE ratio ratio of Mahindra Manulife Overnight Fund IDCW Daily is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Name	Sector	Instrument	Assets
Reserve Bank of India	Financial	T-Bills	3.78%
Reserve Bank of India	Financial	T-Bills	1.73%
Reserve Bank of India	Financial	T-Bills	1.42%

Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

	1Y	3Y	5Y	All
Fund returns	6.0%	6.3%	5.2%	5.0%
Category average	6.0%	6.4%	5.2%	NA
Rank with in category	22	19	11	NA

Debt, Overnight funds	Rating	1Y	3Y	Fund Size(Cr)
Axis Overnight Fund IDCW Daily	5	6.1%	6.5%	9,723.10
Invesco India Overnight Fund IDCW Daily	4	6.1%	6.4%	318.59
Nippon India Overnight Fund IDCW Daily	4	6.1%	6.4%	7,113.21
DSP Overnight Fund IDCW Daily	4	6.0%	6.4%	1,700.06
Mirae Asset Overnight Fund IDCW Daily	4	6.0%	6.4%	1,298.90

Rank (total assets)	NA
Total AUM	₹31,217.21Cr

Mahindra Manulife Overnight Fund IDCW Daily

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Holdings (3)

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Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.19%

Exit load

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Fund management

Rahul PalJul 2019 - PresentView details

Amit GargJun 2020 - PresentView details

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Rahul Pal
Jul 2019 - Present
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Amit Garg
Jun 2020 - Present
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