Mahindra Manulife Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 17
Rating
Growth Option 04-12-2025
NAV ₹1362.72(R) +0.03% ₹1371.53(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.82% 6.32% 5.29% -% -%
Direct 5.93% 6.43% 5.4% -% -%
Benchmark
SIP (XIRR) Regular 5.58% 6.15% 5.9% -% -%
Direct 5.68% 6.26% 6.0% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.21 4.26 0.63 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.14% 0.0% 0.0% - 0.11%
Fund AUM As on: 30/06/2025 174 Cr
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
Franklin India Overnight Fund 5
Nippon India Overnight Fund 6
Mirae Asset Overnight Fund 7

NAV Date: 04-12-2025

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife Overnight Fund - Regular Plan - Daily IDCW 1208.53
0.3400
0.0300%
Mahindra Manulife Overnight Fund - Regular Plan - Growth 1362.72
0.3800
0.0300%
Mahindra Manulife Overnight Fund - Direct Plan -Growth 1371.53
0.3900
0.0300%
Mahindra Manulife Overnight Fund - Direct Plan - Daily IDCW 1374.91
0.3900
0.0300%

Review Date: 04-12-2025

Beginning of Analysis

In the Overnight Fund category, Mahindra Manulife Overnight Fund is the 18th ranked fund. The category has total 29 funds. The Mahindra Manulife Overnight Fund has shown an average past performence in Overnight Fund. The fund has a Sharpe Ratio of 4.21 which is higher than the category average of 4.08.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Overnight Mutual Funds are ideal for investors seeking a safe, liquid, and ultra-low-risk investment option for very short-term cash management. These funds invest in overnight securities with a maturity of 1 day, offering quick redemption (within 1 business day) and stable returns. While they provide minimal risk and high liquidity, they offer very low returns compared to other debt funds. Investors should consider their liquidity needs and investment horizon before investing in Overnight Funds. These funds are best suited for parking surplus funds for a very short duration, such as overnight or a few days.

Mahindra Manulife Overnight Fund Return Analysis

  • The fund has given a return of 0.43%, 1.35 and 2.71 in last one, three and six months respectively. In the same period the category average return was 0.43%, 1.33% and 2.69% respectively.
  • Mahindra Manulife Overnight Fund has given a return of 5.93% in last one year. In the same period the Overnight Fund category average return was 5.89%.
  • The fund has given a return of 6.43% in last three years and ranked 13.0th out of 32 funds in the category. In the same period the Overnight Fund category average return was 6.41%.
  • The fund has given a return of 5.4% in last five years and ranked 7th out of 27 funds in the category. In the same period the Overnight Fund category average return was 5.37%.
  • The fund has given a SIP return of 5.68% in last one year whereas category average SIP return is 5.64%. The fund one year return rank in the category is 9th in 34 funds
  • The fund has SIP return of 6.26% in last three years and ranks 9th in 31 funds. Bank of India Overnight Fund has given the highest SIP return (6.35%) in the category in last three years.
  • The fund has SIP return of 6.0% in last five years whereas category average SIP return is 5.74%.

Mahindra Manulife Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.14 and semi deviation of 0.11. The category average standard deviation is 0.14 and semi deviation is 0.11.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Overnight Fund Category
  • Good Performance in Overnight Fund Category
  • Poor Performance in Overnight Fund Category
  • Very Poor Performance in Overnight Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.43
    0.43
    		0.39 | 0.46 17 | 34 Good
    3M Return % 1.32
    1.32
    		1.23 | 1.36 17 | 34 Good
    6M Return % 2.65
    2.65
    		2.49 | 2.74 19 | 34 Average
    1Y Return % 5.82
    5.81
    		5.46 | 6.01 19 | 34 Average
    3Y Return % 6.32
    6.32
    		6.03 | 6.50 19 | 32 Average
    5Y Return % 5.29
    5.29
    		5.12 | 5.43 11 | 27 Good
    1Y SIP Return % 5.58
    5.56
    		5.21 | 5.76 18 | 34 Good
    3Y SIP Return % 6.15
    6.14
    		5.83 | 6.33 18 | 31 Average
    5Y SIP Return % 5.90
    5.66
    		5.13 | 6.06 8 | 27 Good
    Standard Deviation 0.14
    0.14
    		0.13 | 0.15 9 | 30 Good
    Semi Deviation 0.11
    0.11
    		0.11 | 0.12 14 | 30 Good
    Sharpe Ratio 4.21
    4.08
    		2.14 | 5.43 12 | 30 Good
    Sterling Ratio 0.63
    0.63
    		0.61 | 0.65 16 | 30 Good
    Sortino Ratio 4.26
    4.41
    		1.22 | 9.27 19 | 30 Average
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.43 0.43 0.41 | 0.46 10 | 34 Good
    3M Return % 1.35 1.33 1.28 | 1.38 9 | 34 Very Good
    6M Return % 2.71 2.69 2.59 | 2.76 11 | 34 Good
    1Y Return % 5.93 5.89 5.67 | 6.03 11 | 34 Good
    3Y Return % 6.43 6.41 6.21 | 6.62 13 | 32 Good
    5Y Return % 5.40 5.37 5.22 | 5.48 7 | 27 Very Good
    1Y SIP Return % 5.68 5.64 5.42 | 5.79 9 | 34 Very Good
    3Y SIP Return % 6.26 6.23 6.04 | 6.35 9 | 31 Good
    5Y SIP Return % 6.00 5.74 5.21 | 6.09 5 | 27 Very Good
    Standard Deviation 0.14 0.14 0.13 | 0.15 9 | 30 Good
    Semi Deviation 0.11 0.11 0.11 | 0.12 14 | 30 Good
    Sharpe Ratio 4.21 4.08 2.14 | 5.43 12 | 30 Good
    Sterling Ratio 0.63 0.63 0.61 | 0.65 16 | 30 Good
    Sortino Ratio 4.26 4.41 1.22 | 9.27 19 | 30 Average
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

    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.


    Date Mahindra Manulife Overnight Fund NAV Regular Growth Mahindra Manulife Overnight Fund NAV Direct Growth
    04-12-2025 1362.7181 1371.5311
    03-12-2025 1362.5252 1371.3333
    02-12-2025 1362.3342 1371.1373
    01-12-2025 1362.1432 1370.9413
    28-11-2025 1361.5591 1370.3422
    27-11-2025 1361.3568 1370.1352
    26-11-2025 1361.1681 1369.9415
    25-11-2025 1360.9715 1369.7396
    24-11-2025 1360.7836 1369.5445
    21-11-2025 1360.1904 1368.9362
    20-11-2025 1359.994 1368.7348
    19-11-2025 1359.8019 1368.5377
    18-11-2025 1359.6086 1368.3391
    17-11-2025 1359.4203 1368.1458
    14-11-2025 1358.8295 1367.5399
    13-11-2025 1358.6343 1367.3395
    12-11-2025 1358.4469 1367.1472
    11-11-2025 1358.2592 1366.9545
    10-11-2025 1358.0727 1366.7631
    07-11-2025 1357.4889 1366.1642
    06-11-2025 1357.3145 1365.9847
    04-11-2025 1356.9308 1365.5912

    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.