Compare Mahindra Manulife Overnight Fund vs Franklin India Overnight Fund
Risk
Low
Low
Rating
3.0
5.0
Min SIP Amount
₹500
₹500
Expense Ratio
0.24
0.1
NAV
₹1407.27
₹1418.44
Fund Started
22 Jul 2019
07 May 2019
Fund Size
₹128.06 Cr
₹949.09 Cr
Exit Load
-
-
1 Year
5.23%
5.36%
3 Year
6.10%
6.15%
5 Year
5.50%
5.51%
Equity
0.00%
0.00%
Cash
92.22%
94.27%
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 income along with high liquidity by investing in overnight securities having maturity of 1 business day. There can be no assurance that the investment objective of the scheme will be realized.
Launch Date
22 Jul 2019
07 May 2019
