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Overnight📊 NIFTY 1D Rate Index(SEBI default)

Mahindra Manulife Overnight Fund · Regular · Growth

Mahindra Manulife Mutual Fund

#18 of 29 (1Y)

NAV

₹1399.2597

as of 16 Jun 2026

Expense Ratio

0.19%

AUM

₹140 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.23%
3Y
+6.09%
5Y
+5.51%
Since Inception
+4.99%

SIP returns (XIRR)

1Y
+5.17%
3Y
+5.78%
5Y
+5.85%
Since Inception
+5.48%

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,398

Value today

5.0%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹4,15,000

Withdrawn

₹8,96,339

Corpus left

+₹3,11,339 net gain — withdrew ₹4,15,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,35,489

Value today

1.4×

Multiple

Staying invested through that crash turned ₹1L into ₹1,35,489 — a 1.4× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

-60.61

Sharpe Ratio

Alpha

Beta

-15.36

Sortino

0.04%

Std Dev

0.00%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMahindra Manulife Mutual Fund
CategoryOvernight
BenchmarkNIFTY 1D Rate Index
Launch Date23 Jul 2019
AMFI Code147565
Transaction facts
Min. Lumpsum₹1,000
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Mahindra Manulife Overnight Fund · Regular · 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 · Regular · Growth is a Overnight mutual fund offered by Mahindra Manulife Mutual Fund. The fund has been operational for over 6 years. It manages assets worth ₹140 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 1D Rate Index. The current expense ratio is 0.19%.

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