Compare Mahindra Manulife Overnight Fund vs Bank of India Overnight Fund
Risk
Low
Low
Rating
3.0
5.0
Min SIP Amount
₹500
-
Expense Ratio
0.24
0.14
NAV
₹1407.27
₹1383.21
Fund Started
22 Jul 2019
27 Jan 2020
Fund Size
₹128.06 Cr
₹42.82 Cr
Exit Load
-
-
1 Year
5.23%
5.57%
3 Year
6.10%
6.33%
5 Year
5.50%
5.68%
Equity
0.00%
0.00%
Cash
92.22%
100.00%
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 generate income commensurate with low risk and high liquidity by investing in overnight securities having residual maturity of 1 business day.
Launch Date
22 Jul 2019
27 Jan 2020
