Mahindra Manulife Overnight Fund Direct Growth

Debt
Overnight
Low Risk
6.46%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 03 Sep 2025
₹1,353.12
Rating
3
Min. SIP amount
Not Supported
Fund size
₹100.84Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (3)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills4.94%
Reserve Bank of India
FinancialT-Bills3.96%
Reserve Bank of India
FinancialT-Bills3.72%

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNot Supported

Returns and rankings

Category: Debt Overnight
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.2%6.5%5.3%5.1%
Category average6.1%6.4%5.2%NA
Rank with in category12135NA
Understand terms

Peer Comparison

Debt, Overnight fundsRating1Y3YFund Size(Cr)
5
6.3%6.5%11,478.86
4
6.2%6.5%7,068.72
4
6.2%6.5%4,295.38
4
6.2%6.5%9,297.91
4
6.2%6.5%9,041.36

Expense ratio, exit load and tax

Expense ratio: 0.09%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Fund management

Amit Garg
Jun 2020 - Present
View details

Education
Mr Garg is a B.Com, MMS Finance, CFA
Experience
Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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