Mahindra Manulife Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 21
Rating
Growth Option 11-09-2026
NAV ₹1415.71(R) +0.01% ₹1425.97(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.16% 5.97% 5.6% 4.99% -%
Direct 5.26% 6.08% 5.71% 5.09% -%
Benchmark
SIP (XIRR) Regular 5.08% 5.6% 5.81% 5.48% -%
Direct 5.19% 5.71% 5.92% 5.58% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.33 0.68 0.61 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.2% 0.0% 0.0% - 0.15%
Fund AUM As on: 30/12/2025 112 Cr
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Franklin India Overnight Fund 3
UTI Overnight Fund 4
Invesco India Overnight Fund 5
Baroda BNP Paribas Overnight Fund 6
Nippon India Overnight Fund 7

NAV Date: 11-09-2026

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife Overnight Fund - Regular Plan - Daily IDCW 1255.6
0.1400
0.0100%
Mahindra Manulife Overnight Fund - Regular Plan - Growth 1415.71
0.1500
0.0100%
Mahindra Manulife Overnight Fund - Direct Plan -Growth 1425.97
0.1600
0.0100%
Mahindra Manulife Overnight Fund - Direct Plan - Daily IDCW 1429.49
0.1600
0.0100%

Review Date: 11-09-2026

Beginning of Analysis

Mahindra Manulife Overnight Fund is the 18th ranked fund in the Overnight Fund category. 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 1.33 which is lower than the category average of 1.34.
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 0.41%, 1.27 and 2.58 in last one, three and six months respectively. In the same period the category average return was 0.41%, 1.27% and 2.58% respectively.
  • Mahindra Manulife Overnight Fund has given a return of 5.26% in last one year. In the same period the Overnight Fund category average return was 5.24%.
  • The fund has given a return of 6.08% in last three years and ranked 19.0th out of thirty two funds in the category. In the same period the Overnight Fund category average return was 6.06%.
  • The fund has given a return of 5.71% in last five years and ranked 12th out of twenty seven funds in the category. In the same period the Overnight Fund category average return was 5.69%.
  • The fund has given a SIP return of 5.19% in last one year whereas category average SIP return is 5.18%. The fund one year return rank in the category is 23rd in 36 funds
  • The fund has SIP return of 5.71% in last three years and ranks 19th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (5.9%) in the category in last three years.
  • The fund has SIP return of 5.92% in last five years whereas category average SIP return is 5.91%.

Mahindra Manulife Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.2 and semi deviation of 0.15. The category average standard deviation is 0.2 and semi deviation is 0.15.

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 % 0.40
    0.40
    		0.36 | 0.43 25 | 35 Average
    3M Return % 1.25
    1.25
    		1.15 | 1.30 26 | 34 Average
    6M Return % 2.52
    2.55
    		2.34 | 2.80 26 | 34 Average
    1Y Return % 5.16
    5.17
    		4.77 | 5.49 23 | 34 Average
    3Y Return % 5.97
    5.98
    		5.64 | 6.20 23 | 32 Average
    5Y Return % 5.60
    5.61
    		5.40 | 5.80 15 | 27 Average
    7Y Return % 4.99
    4.99
    		4.87 | 5.06 13 | 22 Average
    1Y SIP Return % 5.08
    5.11
    		4.71 | 5.51 24 | 33 Average
    3Y SIP Return % 5.60
    5.61
    		5.24 | 5.88 22 | 31 Average
    5Y SIP Return % 5.81
    5.83
    		5.59 | 6.04 20 | 26 Average
    7Y SIP Return % 5.48
    5.49
    		5.36 | 5.57 13 | 21 Average
    Standard Deviation 0.20
    0.20
    		0.18 | 0.27 23 | 30 Average
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 21 | 30 Average
    Sharpe Ratio 1.33
    1.34
    		-0.16 | 2.45 21 | 30 Average
    Sterling Ratio 0.61
    0.61
    		0.58 | 0.63 19 | 30 Average
    Sortino Ratio 0.68
    0.73
    		-0.06 | 1.62 22 | 30 Average
    Return data last Updated On : Sept. 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.41 0.41 0.38 | 0.42 24 | 37 Average
    3M Return % 1.27 1.27 1.20 | 1.29 26 | 36 Average
    6M Return % 2.58 2.58 2.45 | 2.80 27 | 36 Average
    1Y Return % 5.26 5.24 4.98 | 5.51 22 | 36 Average
    3Y Return % 6.08 6.06 5.85 | 6.22 19 | 32 Average
    5Y Return % 5.71 5.69 5.51 | 5.83 12 | 27 Good
    7Y Return % 5.09 5.08 4.97 | 5.12 11 | 22 Good
    1Y SIP Return % 5.19 5.18 4.91 | 5.51 23 | 36 Average
    3Y SIP Return % 5.71 5.69 5.46 | 5.90 19 | 32 Average
    5Y SIP Return % 5.92 5.91 5.69 | 6.07 17 | 27 Average
    7Y SIP Return % 5.58 5.57 5.46 | 5.62 11 | 22 Good
    Standard Deviation 0.20 0.20 0.18 | 0.27 23 | 30 Average
    Semi Deviation 0.15 0.15 0.14 | 0.20 21 | 30 Average
    Sharpe Ratio 1.33 1.34 -0.16 | 2.45 21 | 30 Average
    Sterling Ratio 0.61 0.61 0.58 | 0.63 19 | 30 Average
    Sortino Ratio 0.68 0.73 -0.06 | 1.62 22 | 30 Average
    Return data last Updated On : Sept. 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    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
    11-09-2026 1415.7089 1425.9715
    10-09-2026 1415.5566 1425.8143
    09-09-2026 1415.3798 1425.6328
    08-09-2026 1415.2059 1425.454
    07-09-2026 1415.0233 1425.2666
    04-09-2026 1414.5249 1424.7539
    03-09-2026 1414.3611 1424.5853
    02-09-2026 1414.1797 1424.399
    01-09-2026 1413.9961 1424.2103
    31-08-2026 1413.811 1424.0204
    28-08-2026 1413.2114 1423.4057
    27-08-2026 1413.0585 1423.2472
    26-08-2026 1412.8716 1423.0555
    25-08-2026 1412.6832 1422.8622
    24-08-2026 1412.4959 1422.67
    21-08-2026 1411.9211 1422.0802
    20-08-2026 1411.7295 1421.8837
    19-08-2026 1411.5389 1421.688
    18-08-2026 1411.3477 1421.4921
    17-08-2026 1411.1605 1421.3001
    14-08-2026 1410.5791 1420.7037
    13-08-2026 1410.3859 1420.5056
    12-08-2026 1410.1958 1420.3105
    11-08-2026 1410.0063 1420.1162

    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.