Mirae Asset Overnight Fund - Growth - Regular Plan

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  • Net Change on 16-07-2024

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Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The investment objective of the scheme is to generate returns commensurate with low risk andproviding high level of liquidity, through investments made primarily in overnight securities havingmaturity of 1 business day.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
Nifty 1D Rate Index 0.56 1.64 6.88 5.57 4.85 5.14

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
SBI OVERNIGHT FUND - REGULAR PLAN - GROWTH Sep 24, 2002 6.67 5.39 4.69 0.15 16,096.80
Nippon India Overnight Fund - Regular Plan - Growth Option Dec 18, 2018 6.72 5.43 4.72 0.17 7,558.67
Axis Overnight Fund - Regular Plan - Growth Option Mar 15, 2019 6.78 5.48 4.76 0.11 7,224.51
Kotak Overnight Fund -Regular plan-Growth Option Jan 15, 2019 6.69 5.40 4.68 0.16 5,778.20
UTI - Overnight Fund - Regular Plan - Growth Option Dec 09, 2003 Unrated 6.76 5.45 4.74 0.10 3,920.66

Fund Holdings as on 30-June-2024

  • TREPS

  • 91 Days Tbill (MD 19/07/2024)

  • 182 Days Tbill (MD 11/07/2024)

  • 91 Days Tbill (MD 04/07/2024)

  • Net Receivables / (Payables)

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  • Miscellaneous

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  • Cash

  • SOVEREIGN

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About Mirae Asset Overnight Fund

Scheme Analysis

Mirae Asset Overnight Fund is a Debt - Overnight Fund fund and belongs to Mirae Asset Mutual Fund. It was launched on 15-Oct-2019 and currently has an AUM of ₹581.62 crore. Mirae Asset Overnight Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Nifty 1D Rate Index as secondary index.

The NAV of Mirae Asset Overnight Fund ended up ₹0.21(0.02%)yesterday to ₹1245.7671.

Among its top 3 holdings the fund has exposure to TREPS, and

The Mirae Asset Overnight Fund is managed by Abhishek Iyer .

Fund House Contact

Unit 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253940