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Mahindra Manulife Overnight Fund · Direct · Growth

Mahindra Manulife Mutual Fund

NAV

₹1409.0326

as of 16 Jun 2026

Expense Ratio

see scheme documents

Viewing Direct · Growth
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Lumpsum returns (CAGR)

1Y
+5.33%
3Y
+6.19%
5Y
+5.62%
Since Inception
+5.09%

SIP returns (XIRR)

1Y
+5.27%
3Y
+5.88%
5Y
+5.96%
Since Inception
+5.58%

Performance Comparison

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Fund Details

Fund HouseMahindra Manulife Mutual Fund
CategoryOvernight
Launch Date23 Jul 2019
AMFI Code147564
Transaction facts
Min. Lumpsum₹1,000
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Mahindra Manulife Overnight Fund · Direct · Growth invests in overnight securities with a maturity of 1 business day. These funds carry virtually zero credit and interest rate risk, offering the highest safety among mutual funds with returns slightly above savings accounts.

About This Fund

Mahindra Manulife Overnight Fund · Direct · Growth is a Overnight mutual fund offered by Mahindra Manulife Mutual Fund. The fund has been operational for over 6 years.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Investors looking to park surplus cash for very short periods
  • SIP investors who can benefit from rupee cost averaging during market fluctuations