MAHINDRA MANULIFE OVERNIGHT FUND
(An open ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk.)

Data as on 31st December 2022

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 Features CONVENIENT 1 DAY INVESTMENT:
• By investing in Overnight Securities the scheme endeavours to generate relatively stable return.
• No exit load for any investment period.
QUALITY PORTFOLIO:
• Will invest in debt &money market instruments with
• Low risk
• Low volatility
EASE OF REDEMPTION: Redemption on T+1 basis under normal circumstances^
^As per the SEBI (Mutual Funds) Regulations, 1996, the redemption or repurchase proceeds shall be dispatched within 10 working days from the date of redemption or repurchase.
Fund Manager and Experience Fund Manager: Mr. Rahul Pal
Total Experience: 21 years
Experience in managing this fund: 3 years 5 months (Managing since July 23, 2019)
Fund Manager: Mr. Amit Garg
Total Experience: 17 years
Experience in managing this fund: 2 years and 7 months (Managing since June 8, 2020)
Date of allotment July 23, 2019
Benchmark CRISIL Overnight Fund AI Index
Available Options under each plan Growth(D) and IDCW (Daily IDCW Reinvestment)
D-Default
Minimum Application Amount Rs. 1,000/- and in multiples of Re.1/- thereafter
Minimum Redemption Amount Rs. 1,000/- or 1 unit or account balance, whichever is lower
Minimum Switch-in Amount Rs. 1,000/- and in multiples of Re. 0.01/- thereafter.
Monthly AAUM as on December 31, 2022 (Rs.in Cr.): 175.95
Quarterly AAUM as on December 31, 2022
(Rs. in Cr.):
184.76
Monthly AUM as on December 31, 2022 (Rs. in Cr.): 197.91
Total Expense Ratio2 as on December 31, 2022: Regular Plan: 0.22%
Direct Plan: 0.12%
2Includes additional expenses charged in terms of Regulation 52(6A)(b)of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
Load Structure: Entry Load: N.A.
Exit Load: NIL

Annualised Portfolio YTM*1: 6.57%
Macaulay Duration: 2.09 days
Modified Duration1: 0.01
Residual Maturity: 2.09 days
As on (Date) Dec 31, 2022
*In case of semi annual YTM, it will be annualised
1Yield to maturity should not be construed as minimum return offered by the Scheme

NAV as on December 31, 2022
NAV/Unit
Regular Plan (In Rs.)
Direct Plan (In Rs.)
Daily IDCW
1065.3853
1081.7103
Growth
1138.6256
1142.6160
IDCW: Income Distribution cum Capital Withdrawal

Issuer
Rating
% of Net Assets
Treasury Bill
 
0.50%
91 Days Tbill (MD 19/01/2023)
SOV
0.50%
Cash & Other Receivables  
99.50%
Grand Total  
100.00%

Mahindra Manulife Overnight Fund
Simple Annualised Returns (%)
CAGR Returns (%)
Value of Investment of Rs. 10,000*
NAV / Index Value
(as on December 31, 2022)
Managed by Mr. Rahul Pal and Mr. Amit Garg
7 Days
15 Days
30 Days
1 Year
3 Years
5 Years
Since Inception
1 Year
3 Years
5 Years
Since Inception
Regular Plan - Growth Option
6.20
6.23
5.99
4.62
3.68
-
3.84
10,462
11,145
-
11,386
1,138.63
Direct Plan - Growth Option
6.30
6.33
6.09
4.72
3.78
-
3.95
10,472
11,179
-
11,426
1,142.62
CRISIL Overnight Fund AI Index ^
6.37
6.40
6.16
4.78
3.82
-
3.99
10,478
11,192
-
11,444
2,985.02
CRISIL 1 Year T-Bill Index^^
6.21
6.06
7.25
4.13
4.50
-
4.80
10,413
11,412
-
11,752
6,520.02

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 23-Jul-19. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 1,000 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr Amit Garg is managing the scheme since June 8, 2020. For performance details of other schemes managed by the Fund Manager(s), please click here | Best Viewed in Landscape mode

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
*Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
*Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

Product Suitability
This Product is Suitable for investors who are seeking*
  • To generate reasonable returns with high levels of safety and convenience of liquidity over short term
  • To invest in debt and money market instruments having maturity of upto 1 business day
Scheme Riskometers
Benchmark Riskometers
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
Scheme Benchmark: CRISIL Overnight Fund AI Index
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Refere to the PRCM disclosure click here