Mahindra Manulife Overnight Fund - Direct Plan has delivered 27.77% absolute return over the last 5 years.
The average return for Overnight funds is 27.50% .
This fund ranks #6 in its category based on 5-year returns.
The largest portfolio holding is REVERSE REPO with a portfolio weight of 82.20% .
The fund currently owns more than 5 stocks.
The top 10 holdings account for 100.00% of total assets.
Based on portfolio allocation, this fund appears highly concentrated compared with peers.
| Metric | Fund | Category Avg |
|---|---|---|
| 1 Year Return | 5.27% | 5.42% |
| 2 Year Return | 11.77% | 10.93% |
| 3 Year Return | 19.37% | 18.54% |
| 4 Year Return | 27.12% | 20.97% |
| 5 Year Return | 32.13% | 27.50% |
| 6 Year Return | 36.33% | 34.58% |
| 7 Year Return | 41.94% | 41.77% |
| Expense Ratio | 0.06% | - |
| # | Company | Sector | Weight |
|---|---|---|---|
| 1 |
82.20%
|
||
| 2 |
8.61%
|
||
| 3 |
8.60%
|
||
| 4 |
0.56%
|
||
| 5 |
0.03%
|
AMC: MAHINDRA MANULIFE
Category: Debt • Overnight
Launch Date: 22 Jul 2019
Fund Manager: Mr. Rahul Pal
Minimum Purchase: ₹1,000
Exit Load:
Lock-in: 1
Risk: Low Risk
Mahindra Manulife Overnight Fund - Direct Plan is managed by MAHINDRA MANULIFE and belongs to the Debt category.
Investors often evaluate this fund using metrics such as portfolio holdings, diversification, expense ratio, risk profile and long-term NAV performance.
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