Mahindra Manulife Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 14
Rating
Growth Option 16-04-2026
NAV ₹1387.79(R) +0.01% ₹1397.27(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.34% 6.17% 5.45% -% -%
Direct 5.44% 6.28% 5.55% -% -%
Benchmark
SIP (XIRR) Regular 5.24% 5.88% 5.88% -% -%
Direct 5.35% 5.99% 5.98% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.02 1.13 0.62 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.18% 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
Nippon India Overnight Fund 6
Mirae Asset Overnight Fund 7

NAV Date: 16-04-2026

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife Overnight Fund - Regular Plan - Daily IDCW 1230.77
0.1600
0.0100%
Mahindra Manulife Overnight Fund - Regular Plan - Growth 1387.79
0.1800
0.0100%
Mahindra Manulife Overnight Fund - Direct Plan -Growth 1397.27
0.1800
0.0100%
Mahindra Manulife Overnight Fund - Direct Plan - Daily IDCW 1400.71
0.1800
0.0100%

Review Date: 16-04-2026

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 2.02 which is higher than the category average of 1.92.
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 0.44%, 1.25 and 2.61 in last one, three and six months respectively. In the same period the category average return was 0.44%, 1.24% and 2.59% respectively.
  • Mahindra Manulife Overnight Fund has given a return of 5.44% in last one year. In the same period the Overnight Fund category average return was 5.4%.
  • The fund has given a return of 6.28% in last three years and ranked 16.0th out of thirty two funds in the category. In the same period the Overnight Fund category average return was 6.25%.
  • The fund has given a return of 5.55% in last five years and ranked 7th out of twenty seven funds in the category. In the same period the Overnight Fund category average return was 5.53%.
  • The fund has given a SIP return of 5.35% in last one year whereas category average SIP return is 5.3%. The fund one year return rank in the category is 15th in 35 funds
  • The fund has SIP return of 5.99% in last three years and ranks 13th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (6.08%) in the category in last three years.
  • The fund has SIP return of 5.98% in last five years whereas category average SIP return is 5.96%.

Mahindra Manulife Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.18 and semi deviation of 0.15. The category average standard deviation is 0.19 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 % 0.44
    0.44
    		0.39 | 0.46 26 | 35 Average
    3M Return % 1.22
    1.22
    		1.10 | 1.26 21 | 35 Average
    6M Return % 2.56
    2.55
    		2.35 | 2.63 20 | 35 Average
    1Y Return % 5.34
    5.32
    		4.95 | 5.51 18 | 34 Good
    3Y Return % 6.17
    6.17
    		5.85 | 6.34 20 | 32 Average
    5Y Return % 5.45
    5.44
    		5.26 | 5.60 13 | 27 Good
    1Y SIP Return % 5.24
    5.23
    		4.83 | 5.41 21 | 34 Average
    3Y SIP Return % 5.88
    5.87
    		5.52 | 6.06 19 | 32 Average
    5Y SIP Return % 5.88
    5.88
    		5.66 | 6.04 16 | 27 Average
    Standard Deviation 0.18
    0.19
    		0.17 | 0.26 6 | 31 Very Good
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 6 | 31 Very Good
    Sharpe Ratio 2.02
    1.92
    		0.37 | 2.86 14 | 31 Good
    Sterling Ratio 0.62
    0.62
    		0.59 | 0.64 18 | 31 Average
    Sortino Ratio 1.13
    1.10
    		0.15 | 1.91 14 | 31 Good
    Return data last Updated On : April 16, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.44 0.44 0.40 | 0.47 23 | 37 Average
    3M Return % 1.25 1.24 1.15 | 1.27 18 | 37 Good
    6M Return % 2.61 2.59 2.45 | 2.65 17 | 37 Good
    1Y Return % 5.44 5.40 5.16 | 5.54 11 | 35 Good
    3Y Return % 6.28 6.25 6.05 | 6.43 16 | 32 Good
    5Y Return % 5.55 5.53 5.37 | 5.63 7 | 27 Very Good
    1Y SIP Return % 5.35 5.30 5.03 | 5.44 15 | 35 Good
    3Y SIP Return % 5.99 5.96 5.74 | 6.08 13 | 32 Good
    5Y SIP Return % 5.98 5.96 5.77 | 6.07 11 | 27 Good
    Standard Deviation 0.18 0.19 0.17 | 0.26 6 | 31 Very Good
    Semi Deviation 0.15 0.15 0.14 | 0.20 6 | 31 Very Good
    Sharpe Ratio 2.02 1.92 0.37 | 2.86 14 | 31 Good
    Sterling Ratio 0.62 0.62 0.59 | 0.64 18 | 31 Average
    Sortino Ratio 1.13 1.10 0.15 | 1.91 14 | 31 Good
    Return data last Updated On : April 16, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 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
    16-04-2026 1387.7918 1397.2739
    15-04-2026 1387.6156 1397.093
    13-04-2026 1387.2634 1396.7312
    10-04-2026 1386.72 1396.1736
    09-04-2026 1386.569 1396.0181
    08-04-2026 1386.393 1395.8373
    07-04-2026 1386.2104 1395.65
    06-04-2026 1386.0333 1395.4675
    02-04-2026 1385.2941 1394.7093
    01-04-2026 1385.1113 1394.5218
    30-03-2026 1384.6574 1394.0575
    27-03-2026 1384.015 1393.3984
    25-03-2026 1383.6227 1392.9958
    24-03-2026 1383.4373 1392.8054
    23-03-2026 1383.2456 1392.6083
    20-03-2026 1382.5709 1391.9176
    19-03-2026 1382.3434 1391.6842
    18-03-2026 1382.1514 1391.487
    17-03-2026 1381.9608 1391.2914
    16-03-2026 1381.7726 1391.098

    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.