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Mahindra Manulife Overnight Fund - Unclaimed Redemption/IDCW upto 3 years

Mahindra Manulife · Overnight
Low
₹1294.38
Current NAV
28 Jun 2026
25.2%
1Y Return
15.2%
3Y CAGR
15.2%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Generates significant excess returns relative to benchmark index (Alpha: 6.12).
  • Very large asset base (AUM: ₹12,670 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Higher expense ratio (2.32%) which can affect compounding over long horizons.
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
1.12
Sharpe Ratio
0.72
Beta
6.12
Alpha
1.25
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Fund Details
Fund House Mahindra Manulife
Category Overnight
AUM ₹12670 Cr
Expense Ratio 2.32%
Min SIP ₹500
Min Lumpsum ₹1000
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