Mahindra Manulife Overnight Fund Direct - Growth
Mahindra Manulife Overnight Fund Direct - Growth: Mutual Fund Overview
Mahindra Manulife Overnight Fund Direct - Growth is an Overnight mutual fund with over 6.67 years of performance history. The scheme manages an AUM of ₹213.65 Cr and has a NAV of ₹1392.6083. It is rated '4' stars by analysts. Investors can begin a SIP with as little as ₹0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 5.52%.
Debt, Overnight, Principal at low risk
1 Year Return 5.52% at 24 Mar 2026 03:48 PM
Fund Details
NAV 1392.6083
Sub-Type Overnight
Rating 4
Min. SIP Amount ₹0
Fund Age(Year) 6.67
Fund Size(in Crores) 213.65
Fund Performance
1 Month 0.39%
3 Month 1.26%
6 Month 2.61%
1 Year 5.52%
3 Year 6.31%
5 Year 5.52%
Know This Fund
As on 24 Mar 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (16.56%) Market Cap Small Cap -47.27 Mid Cap 4.25 Large Cap 59.57 Top Sectors Financial 4.94 Energy 1.83 Technology 1.6 Consumer Staples 1.29 Construction 1.29 Services 1.25 Healthcare 0.96 Automobile 0.94 Communication 0.79 Insurance 0.7 Materials 0.56 Capital Goods 0.42 Top Holding Mankind Pharma 0.33 JSW Steel 0 Marico 0.21 Infosys 1.09 Indus Towers -0.01 PB Fintech 0.44 Cholamandalam Investment and Finance Company 0.59 Vodafone Idea -0.01 Coforge 0 Ultratech Cement 0.56 State Bank of India 0.76 Bandhan Bank 0 Reliance Industries 0.79 Tata Power Company 0 Apollo Hospitals Enterprise 0.63 TeamLease Services 0.05 Ambuja Cements 0 Bajaj Finserv 0 Bharti Airtel 0.8 ICICI Lombard Gen. Insurance 0.17 Larsen & Toubro 1.29 Kotak Mahindra Bank -0.02 Bajaj Finance 0 Maruti Suzuki India 0.44 Hindustan Petroleum Corporation 0 Bank of Baroda 0 Sun Pharmaceutical Industries 0 Power Grid Corporation Of India 0 Hindustan Unilever 0.36 Kwality Wall's (India) 0 JIO Financial -0.01 Tech Mahindra -0.01 Mahindra & Mahindra 0.5 ICICI Bank 1.14 Power Fin. Corp. 0 HDFC Life Insurance 0.53 Eternal 0.77 Hindustan Aero 0.25 RBL Bank -0.01 Titan Company -0.01 Britannia Industries 0.71 HCL Technologies 0.51 Tata Steel 0 ITC 0 Bharat Electronics 0.17 Godrej Properties 0 NTPC 1.05 Cipla 0 Axis Bank 0.57 HDFC Bank 1.93
Debt & Others (83.44%) Sector Allocation Margin Money 2.97 Cash/Net Current Assets 3.95 Debenture 10.27 Debt Credit Ratings Cash 49.26 SOV 15 AAA 7.24 AA 5.02 Cash & Call Money 3.95 Debt Category Embassy Office Parks REIT 2.25 Punjab State 1.52 GOI 9.64 Bajaj Finance 3.01
Comparison with same funds
Equity, Flexi Cap funds Aditya Birla Sun Life Equity Savings Fund Regular-Growth Ret 1M -2.31% Ret 1Y 6.32% Ret 3Y 9.4% Ret 5Y 6.75%
Equity, Flexi Cap funds Aditya Birla Sun Life Equity Savings Fund Regular-IDCW Ret 1M -2.31% Ret 1Y 6.32% Ret 3Y 9.4% Ret 5Y 6.75%
Equity, Flexi Cap funds Aditya Birla Sun Life Equity Savings Fund Regular-IDCW Reinvestment Ret 1M -2.31% Ret 1Y 6.32% Ret 3Y 9.4% Ret 5Y 6.75%
Equity, Flexi Cap funds Axis Equity Savings Fund Regular-Growth Ret 1M -4.13% Ret 1Y 2.33% Ret 3Y 9.47% Ret 5Y 7.38%
Equity, Flexi Cap funds Axis Equity Savings Fund Regular-IDCW Monthly Payout Ret 1M -4.13% Ret 1Y 2.33% Ret 3Y 9.47% Ret 5Y 7.38%
Equity, Flexi Cap funds Axis Equity Savings Fund Regular-IDCW Monthly Reinvestment Ret 1M -4.13% Ret 1Y 2.33% Ret 3Y 9.47% Ret 5Y 7.38%
Equity, Flexi Cap funds Axis Equity Savings Fund Regular-IDCW Payout Ret 1M -4.13% Ret 1Y 2.33% Ret 3Y 9.47% Ret 5Y 7.38%
Equity, Flexi Cap funds Axis Equity Savings Fund Regular-IDCW Quarterly Payout Ret 1M -4.13% Ret 1Y 2.33% Ret 3Y 9.47% Ret 5Y 7.38%
Equity, Flexi Cap funds Axis Equity Savings Fund Regular-IDCW Quarterly Reinvestment Ret 1M -4.13% Ret 1Y 2.33% Ret 3Y 9.47% Ret 5Y 7.38%
Equity, Flexi Cap funds Axis Equity Savings Fund Regular-IDCW Reinvestment Ret 1M -4.13% Ret 1Y 2.33% Ret 3Y 9.47% Ret 5Y 7.38%
Equity, Flexi Cap funds Bajaj Finserv Equity Savings Fund Regular-Growth Ret 1M -1.22% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 0.09%
Exit Load 0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Amit Garg
Education Mr Garg is a B.Com, MMS Finance, CFA
Experience Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.
Rahul Pal
Education Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at low risk
AMC and Fund details
Rank (total sets) 3
Date of Incorporation 2019-07-23
Total AUM 33882.93
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
Mahindra Manulife Overnight Fund Direct - Growth FAQs
How to invest in Mahindra Manulife Overnight Fund Direct - Growth?
Investing in Mahindra Manulife Overnight Fund Direct - Growth through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for Mahindra Manulife Overnight Fund Direct - Growth in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of Mahindra Manulife Overnight Fund Direct - Growth?
The term expense ratio for Mahindra Manulife Overnight Fund Direct - Growth or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of Mahindra Manulife Overnight Fund Direct - Growth is 0.09% as of 24 Mar 2026.
What is the NAV of Mahindra Manulife Overnight Fund Direct - Growth?
The NAV of Mahindra Manulife Overnight Fund Direct - Growth is ₹1392.6083 as of 24 Mar 2026.
What is the AUM of Mahindra Manulife Overnight Fund Direct - Growth?
The AUM (Assets Under Management) of Mahindra Manulife Overnight Fund Direct - Growth is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of Mahindra Manulife Overnight Fund Direct - Growth is ₹213.65 Cr as of 24 Mar 2026.
What is the PE and PB ratio of Mahindra Manulife Overnight Fund Direct - Growth?
The PE ratio of Mahindra Manulife Overnight Fund Direct - Growth shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in Mahindra Manulife Overnight Fund Direct - Growth?
Yes, you can invest in Mahindra Manulife Overnight Fund Direct - Growth through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of Mahindra Manulife Overnight Fund Direct - Growth in the last 5 years?
The return of Mahindra Manulife Overnight Fund Direct - Growth in the last 5 years is 5.52%.
What is the minimum SIP investment required in Mahindra Manulife Overnight Fund Direct - Growth?
The minimum SIP investment in Mahindra Manulife Overnight Fund Direct - Growth depends on the fund's scheme rules and usually starts at a small amount. For Mahindra Manulife Overnight Fund Direct - Growth, the minimum SIP amount is ₹0.
What is the current NAV of Mahindra Manulife Overnight Fund Direct - Growth?
The NAV of Mahindra Manulife Overnight Fund Direct - Growth, as of 24 Mar 2026, is ₹1392.6083.
Who manages the Mahindra Manulife Overnight Fund Direct - Growth?
The fund managers responsible for Mahindra Manulife Overnight Fund Direct - Growth are:
- Amit Garg
- Rahul Pal