Mirae Asset Overnight Fund Regular Daily IDCW
Fund House: Mirae Asset Mutual Fund
Category: Debt: Overnight
Status: Open Ended Schemes
Launch Date: 22-10-2019
Minimum Investment: 5000.0
Asset Class: Fixed Income
Minimum Topup: 1000.0
Benchmark: NIFTY 1D Rate Index
Total Assets: 864.44 As on (30-05-2025)
Expense Ratio: 0.16% As on (31-05-2025)
Turn over: 81.00% | Exit Load: Nil
NAV as on 12-06-2025
1000.0058
0.0022
CAGR Since Inception
4.88%
NIFTY 1D Rate Index 6.37%
PERFORMANCE
| Scheme Performance (%) | 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) |
|---|---|---|---|---|---|
| Mirae Asset Overnight Fund Regular Daily IDCW | 7.29 | 6.51 | 5.12 | - | 4.88 |
| Nifty 1D Rate Index | 6.67 | 6.28 | 5.04 | 5.65 | 6.37 |
| Debt: Overnight | 6.36 | 6.33 | 5.05 | 5.55 | 5.32 |
Funds Manager
Abhishek Iyer
RETURNS CALCULATORS for Mirae Asset Overnight Fund Regular Daily IDCW
Growth of 10000 In SIP (Fund vs Benchmark)
Amount
Period
Start
End
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Amount
Start
PORTFOLIO ANALYSIS of Mirae Asset Overnight Fund Regular Daily IDCW
Portfolio Holdings
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Sector Allocation
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PEER COMPARISION of Mirae Asset Overnight Fund Regular Daily IDCW
| Scheme Name | Inception Date | 1 Year Rtn (%) | 2 Year Rtn (%) | 3 Year Rtn (%) | 5 Year Rtn (%) | 10 Year Rtn (%) |
|---|---|---|---|---|---|---|
| Mirae Asset Overnight Reg Daily IDCW | 22-10-2019 | 7.29 | 7.03 | 6.51 | 5.12 | 0.0 |
| Bank of India Overnight Reg Gr | 05-01-2020 | 6.55 | 6.7 | 6.48 | 5.19 | 0.0 |
| Axis Overnight Reg Gr | 01-03-2019 | 6.47 | 6.62 | 6.41 | 5.12 | 0.0 |
| Bajaj Finserv Overnight Fund Reg Gr | 05-07-2023 | 6.43 | 0.0 | 0.0 | 0.0 | 0.0 |
| UTI Overnight Fund Reg Gr | 09-12-2003 | 6.42 | 6.59 | 6.37 | 5.09 | 5.68 |
| PGIM India Overnight Reg Gr | 27-08-2019 | 6.42 | 6.57 | 6.35 | 5.09 | 0.0 |
| Nippon India Overnight Reg Gr | 03-12-2018 | 6.42 | 6.57 | 6.36 | 5.07 | 0.0 |
| Quant Overnight Fund Reg Gr | 05-12-2022 | 6.42 | 6.8 | 0.0 | 0.0 | 0.0 |
| Invesco India Overnight Reg Gr | 01-01-2020 | 6.41 | 6.58 | 6.36 | 5.07 | 0.0 |
| DSP Overnight Reg Gr | 05-01-2019 | 6.4 | 6.56 | 6.36 | 5.08 | 0.0 |
Asset Allocation (%)
Key Performance and Risk Statistics of Mirae Asset Overnight Fund Regular Daily IDCW
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Mirae Asset Overnight Fund Regular Daily IDCW | 0.43 | -0.4 | 1.41 | 0.79 | 6.09 | 2.76 |
| Debt: Overnight | - | - | - | - | - | - |