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Mahindra Manulife Overnight Fund - Direct Plan - Daily IDCW

Mahindra Manulife · Overnight
Low
₹1414.86
Current NAV
28 Jun 2026
25.0%
1Y Return
11.0%
3Y CAGR
15.0%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Highly cost-efficient with a low expense ratio of 0.9%.
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
0.70
Sharpe Ratio
1.50
Beta
-2.30
Alpha
0.91
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Fund Details
Fund House Mahindra Manulife
Category Overnight
AUM ₹3250 Cr
Expense Ratio 0.90%
Min SIP ₹500
Min Lumpsum ₹1000
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