Compare Mahindra Manulife Overnight Fund vs Axis Overnight Fund
Risk
Low
Low
Rating
3.0
5.0
Min SIP Amount
₹500
₹100
Expense Ratio
0.23
0.13
NAV
₹1414.16
₹1446.52
Fund Started
22 Jul 2019
07 Mar 2019
Fund Size
₹62.45 Cr
₹11862.94 Cr
Exit Load
-
-
1 Year
5.22%
5.33%
3 Year
6.05%
6.16%
5 Year
5.54%
5.62%
Equity
0.00%
0.00%
Cash
82.74%
7.27%
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
