Compare Mahindra Manulife Overnight Fund vs Axis Overnight Fund
Mahindra Manulife Overnight Fund
DebtOvernight
Axis Overnight Fund
DebtOvernight
Risk
Low
Low
Rating
3.0
5.0
Min SIP Amount
₹500
₹100
Expense Ratio
0.2
0.13
NAV
₹1437.42
₹1470.40
Fund Started
22 Jul 2019
07 Mar 2019
Fund Size
₹95.35 Cr
₹15218.49 Cr
Exit Load
-
-
1 Year
5.14%
5.25%
3 Year
5.89%
6.00%
5 Year
5.67%
5.76%
Equity
0.00%
0.00%
Cash
92.88%
9.69%
Top 10 Holdings
-
-
Name
-
-
Start Date
-
-
Description
The scheme seeks 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.
The Scheme seeks to provide reasonable returns commensurate with very low interest rate risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day.
Launch Date
22 Jul 2019
07 Mar 2019
