Mirae Asset Overnight Fund Regular Daily IDCW
Category: Debt: Overnight
Launch Date: 22-10-2019
AUM:
708 Cr
Expense Ratio
0.17%
Benchmark
Nifty 1D Rate Index
ISIN
INF769K01FL6
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Fund Manager
Mr. Krishnpal Yadav
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Overnight Fund Regular Daily IDCW | 5.41 | 6.77 | 5.6 |
| Nifty 1D Rate Index | 5.42 | 6.3 | 5.57 |
If you invested in this fund:
₹
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
1000.0078
Last change
0 (0.0%)
Fund Size (AUM)
₹ 708 Cr
Performance
4.98% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The investment objective of the scheme is 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Fund Manager
Mr. Krishnpal Yadav
Riskometer
Low
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| 5.05% Reverse Repo | 84.68 |
| TREPS | 13.61 |
| 91 Days Treasury Bills (MD 19/03/2026) | 1.63 |
| Net Receivables / (Payables) | 0.09 |
Sector Allocation
| Sector | Holdings (%) |
|---|
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Overnight Reg Daily IDCW | 5.6 |
| Bank of India Overnight Reg Gr | 5.6 |
| Franklin India Overnight Gr | 5.46 |
| Bajaj Finserv Overnight Fund Reg Gr | 0.0 |
| Axis Overnight Reg Gr | 5.52 |
| UTI Overnight Fund Reg Gr | 5.49 |
| Invesco India Overnight Reg Gr | 5.47 |
| DSP Overnight Reg Gr | 5.47 |
| Baroda BNP Paribas Overnight Reg Gr | 5.47 |
| HSBC Overnight Gr | 5.44 |