Mahindra Manulife Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank 15
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹1291.36(R) +0.02% ₹1298.45(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.61% 5.9% 4.83% -% -%
LumpSum (D) 6.72% 6.01% 4.93% -% -%
SIP (R) -23.97% 2.9% 4.4% -% -%
SIP (D) -23.88% 3.0% 4.5% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.75 -0.63 0.58 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.34% 0.0% 0.0% - 0.28%
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Uti Overnight Fund 3
Invesco India Overnight Fund 4
Mirae Asset Overnight Fund 5
Pgim India Overnight Fund 6

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife Overnight Fund - Regular Plan - Daily IDCW 1145.42
0.2100
0.0200%
Mahindra Manulife Overnight Fund - Regular Plan - Growth 1291.36
0.2300
0.0200%
Mahindra Manulife Overnight Fund - Direct Plan -Growth 1298.45
0.2400
0.0200%
Mahindra Manulife Overnight Fund - Direct Plan - Daily IDCW 1301.87
0.2400
0.0200%

Review Date: 20-12-2024

Mahindra Manulife Overnight Fund has shown average performance in the Overnight Fund category. The fund has rank of 15 out of 26 funds in the category. The fund has delivered return of 6.61% in 1 year, 5.9% in 3 years and 4.83% in 5 years. The category average for the same periods is 6.62%, 10.43% and 7.27% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.34. The category average for the same parameter is 0.34 The fund has very low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Mahindra Manulife Overnight Fund direct growth option would have grown to ₹10672.0 in 1 year, ₹11913.0 in 3 years and ₹12721.0 in 5 years as of today (20-12-2024).
  2. An SIP of ₹1,000 per month in Mahindra Manulife Overnight Fund direct growth option would have grown to ₹10384.0 in 1 year, ₹37695.0 in 3 years and ₹67251.0 in 5 years as of today (20-12-2024).
  3. Sharpe ratio of the fund is -2.75 which shows average performance of fund in the overnight fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.51
0.51
0.49 | 0.53 26 | 34 Average
3M Return % 1.58
1.58
1.52 | 1.65 22 | 34 Average
6M Return % 3.21
3.21
3.05 | 3.30 19 | 34 Average
1Y Return % 6.61
6.62
6.31 | 6.88 20 | 34 Average
3Y Return % 5.90
10.43
5.72 | 128.18 12 | 27 Good
5Y Return % 4.83
7.27
4.68 | 66.12 12 | 25 Good
1Y SIP Return % -23.97
-23.96
-24.22 | -23.77 21 | 34 Average
3Y SIP Return % 2.90
6.42
2.68 | 97.97 15 | 27 Average
5Y SIP Return % 4.40
7.62
4.21 | 85.28 10 | 25 Good
Standard Deviation 0.34
0.34
0.33 | 0.35 3 | 26 Very Good
Semi Deviation 0.28
0.29
0.27 | 0.29 3 | 26 Very Good
Sharpe Ratio -2.75
-2.72
-3.36 | -2.29 21 | 26 Average
Sterling Ratio 0.58
0.58
0.56 | 0.60 11 | 26 Good
Sortino Ratio -0.63
-0.62
-0.70 | -0.56 21 | 26 Average
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.52 0.52 0.50 | 0.54 19 | 34
3M Return % 1.61 1.61 1.56 | 1.67 17 | 34
6M Return % 3.26 3.25 3.16 | 3.34 18 | 34
1Y Return % 6.72 6.71 6.50 | 6.97 17 | 34
3Y Return % 6.01 10.52 5.82 | 128.34 11 | 27
5Y Return % 4.93 7.37 4.79 | 66.26 9 | 25
1Y SIP Return % -23.88 -23.89 -24.06 | -23.71 17 | 34
3Y SIP Return % 3.00 6.51 2.79 | 98.13 15 | 27
5Y SIP Return % 4.50 7.71 4.32 | 85.42 8 | 25
Standard Deviation 0.34 0.34 0.33 | 0.35 3 | 26
Semi Deviation 0.28 0.29 0.27 | 0.29 3 | 26
Sharpe Ratio -2.75 -2.72 -3.36 | -2.29 21 | 26
Sterling Ratio 0.58 0.58 0.56 | 0.60 11 | 26
Sortino Ratio -0.63 -0.62 -0.70 | -0.56 21 | 26
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.02 ₹ 10,002.00 0.02 ₹ 10,002.00
1W 0.13 ₹ 10,013.00 0.13 ₹ 10,013.00
1M 0.51 ₹ 10,051.00 0.52 ₹ 10,052.00
3M 1.58 ₹ 10,158.00 1.61 ₹ 10,161.00
6M 3.21 ₹ 10,321.00 3.26 ₹ 10,326.00
1Y 6.61 ₹ 10,661.00 6.72 ₹ 10,672.00
3Y 5.90 ₹ 11,877.00 6.01 ₹ 11,913.00
5Y 4.83 ₹ 12,657.00 4.93 ₹ 12,721.00
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -23.97 ₹ 10,378.13 -23.88 ₹ 10,384.25
3Y ₹ 36000 2.90 ₹ 37,632.53 3.00 ₹ 37,695.28
5Y ₹ 60000 4.40 ₹ 67,068.12 4.50 ₹ 67,251.30
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mahindra Manulife Overnight Fund NAV Regular Growth Mahindra Manulife Overnight Fund NAV Direct Growth
20-12-2024 1291.3586 1298.4532
19-12-2024 1291.1265 1298.2164
18-12-2024 1290.8983 1297.9835
17-12-2024 1290.6729 1297.7533
16-12-2024 1290.4436 1297.5193
13-12-2024 1289.7441 1296.8052
12-12-2024 1289.5329 1296.5889
11-12-2024 1289.3062 1296.3574
10-12-2024 1289.0774 1296.1238
09-12-2024 1288.8494 1295.891
06-12-2024 1288.165 1295.1922
05-12-2024 1287.9434 1294.9658
04-12-2024 1287.7184 1294.7361
03-12-2024 1287.5006 1294.5135
02-12-2024 1287.2868 1294.295
29-11-2024 1286.6036 1293.5975
28-11-2024 1286.3764 1293.3655
27-11-2024 1286.1499 1293.134
26-11-2024 1285.9243 1292.9036
25-11-2024 1285.6948 1292.6693
22-11-2024 1285.0037 1291.964
21-11-2024 1284.7863 1291.7418

Fund Launch Date: 22/Jul/2019
Fund Category: Overnight Fund
Investment Objective: The primary objective of the Scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day including TREPS (Tri-Party Repo) and Reverse Repo. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Fund Description: An open ended debt scheme investing in overnight securities
Fund Benchmark: CRISIL Overnight Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.