Mahindra Manulife Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank 16
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹1297.78(R) +0.02% ₹1305.01(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.6% 5.99% 4.86% -% -%
LumpSum (D) 6.71% 6.09% 4.97% -% -%
SIP (R) 6.56% 6.44% 5.64% -% -%
SIP (D) 6.67% 6.55% 5.75% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.85 -0.64 0.59 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.32% 0.0% 0.0% - 0.27%
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: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife Overnight Fund - Regular Plan - Daily IDCW 1151.1
0.2000
0.0200%
Mahindra Manulife Overnight Fund - Regular Plan - Growth 1297.78
0.2200
0.0200%
Mahindra Manulife Overnight Fund - Direct Plan -Growth 1305.01
0.2300
0.0200%
Mahindra Manulife Overnight Fund - Direct Plan - Daily IDCW 1308.44
0.2300
0.0200%

Review Date: 17-01-2025

Mahindra Manulife Overnight Fund has shown poor performance in the Overnight Fund category. The fund has rank of 16 out of 26 funds in the category. The fund has delivered return of 6.6% in 1 year, 5.99% in 3 years and 4.86% in 5 years. The category average for the same periods is 6.61%, 10.52% and 7.21% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.32. The category average for the same parameter is 0.32 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 ₹10671.0 in 1 year, ₹11942.0 in 3 years and ₹12742.0 in 5 years as of today (17-01-2025).
  2. An SIP of ₹1,000 per month in Mahindra Manulife Overnight Fund direct growth option would have grown to ₹12429.0 in 1 year, ₹39765.0 in 3 years and ₹69398.0 in 5 years as of today (17-01-2025).
  3. Sharpe ratio of the fund is -2.85 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 % 0.55
0.55
0.53 | 0.57 19 | 34 Average
3M Return % 1.61
1.62
1.55 | 1.68 22 | 34 Average
6M Return % 3.22
3.22
3.07 | 3.32 19 | 34 Average
1Y Return % 6.60
6.61
6.29 | 6.85 21 | 34 Average
3Y Return % 5.99
10.52
5.80 | 128.37 12 | 27 Good
5Y Return % 4.86
7.21
4.71 | 66.17 13 | 26 Good
1Y SIP Return % 6.56
6.56
6.25 | 6.78 20 | 34 Average
3Y SIP Return % 6.44
9.59
6.23 | 91.15 17 | 27 Average
5Y SIP Return % 5.64
8.66
5.46 | 84.32 11 | 26 Good
Standard Deviation 0.32
0.32
0.31 | 0.33 3 | 26 Very Good
Semi Deviation 0.27
0.28
0.26 | 0.28 3 | 26 Very Good
Sharpe Ratio -2.85
-2.81
-3.51 | -2.36 21 | 26 Average
Sterling Ratio 0.59
0.59
0.57 | 0.61 11 | 26 Good
Sortino Ratio -0.64
-0.64
-0.72 | -0.57 21 | 26 Average
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.56 0.56 0.54 | 0.57 12 | 34
3M Return % 1.64 1.64 1.58 | 1.70 18 | 34
6M Return % 3.27 3.26 3.16 | 3.35 17 | 34
1Y Return % 6.71 6.69 6.48 | 6.93 18 | 34
3Y Return % 6.09 10.61 5.90 | 128.53 11 | 27
5Y Return % 4.97 7.30 4.82 | 66.31 9 | 26
1Y SIP Return % 6.67 6.65 6.44 | 6.86 18 | 34
3Y SIP Return % 6.55 9.67 6.34 | 91.30 15 | 27
5Y SIP Return % 5.75 8.75 5.57 | 84.46 8 | 26
Standard Deviation 0.32 0.32 0.31 | 0.33 3 | 26
Semi Deviation 0.27 0.28 0.26 | 0.28 3 | 26
Sharpe Ratio -2.85 -2.81 -3.51 | -2.36 21 | 26
Sterling Ratio 0.59 0.59 0.57 | 0.61 11 | 26
Sortino Ratio -0.64 -0.64 -0.72 | -0.57 21 | 26
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 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 0.12 ₹ 10,012.00 0.13 ₹ 10,013.00
1M 0.55 ₹ 10,055.00 0.56 ₹ 10,056.00
3M 1.61 ₹ 10,161.00 1.64 ₹ 10,164.00
6M 3.22 ₹ 10,322.00 3.27 ₹ 10,327.00
1Y 6.60 ₹ 10,660.00 6.71 ₹ 10,671.00
3Y 5.99 ₹ 11,906.00 6.09 ₹ 11,942.00
5Y 4.86 ₹ 12,677.00 4.97 ₹ 12,742.00
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 6.56 ₹ 12,422.48 6.67 ₹ 12,429.44
3Y ₹ 36000 6.44 ₹ 39,701.81 6.55 ₹ 39,765.49
5Y ₹ 60000 5.64 ₹ 69,212.82 5.75 ₹ 69,397.74
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mahindra Manulife Overnight Fund NAV Regular Growth Mahindra Manulife Overnight Fund NAV Direct Growth
17-01-2025 1297.7803 1305.0106
16-01-2025 1297.556 1304.7815
15-01-2025 1297.3317 1304.5524
14-01-2025 1297.1081 1304.3239
13-01-2025 1296.8828 1304.0937
10-01-2025 1296.1737 1303.37
09-01-2025 1295.9423 1303.1337
08-01-2025 1295.7046 1302.8911
07-01-2025 1295.4703 1302.652
06-01-2025 1295.239 1302.4157
03-01-2025 1294.5678 1301.7301
02-01-2025 1294.3487 1301.5063
01-01-2025 1294.1237 1301.2763
31-12-2024 1293.9001 1301.048
30-12-2024 1293.6668 1300.8095
27-12-2024 1292.9713 1300.0996
26-12-2024 1292.7423 1299.8658
24-12-2024 1292.2806 1299.3945
23-12-2024 1292.0572 1299.1664
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

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.