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Mahindra Manulife Overnight Fund - Direct Plan -Growth

Mahindra Manulife · Overnight
Low
₹1411.38
Current NAV
28 Jun 2026
14.4%
1Y Return
12.4%
3Y CAGR
15.4%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.14%.
  • Professionally managed by an established fund house with experienced fund managers.
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
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
0.84
Sharpe Ratio
1.04
Beta
0.84
Alpha
0.96
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Fund Details
Fund House Mahindra Manulife
Category Overnight
AUM ₹2890 Cr
Expense Ratio 0.14%
Min SIP ₹500
Min Lumpsum ₹1000
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