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  • Mirae Asset Mutual Fund
  • Mirae Asset Overnight Fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Overnight Fund (Growth)

DebtOvernight

1121.6995

NAV (Nov 27)

3.8%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

Scripbox Recommended Overnight Funds

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1121.6995

NAV (Nov 27)

Fund Returns

Last 1Y

4.4%

Last 3Y

3.7%

Last 5Y

NA

Last 10Y

NA

Since Inception

3.8%

6 Month CAGR

2.6%

Scheme Information

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.

Expense Ratio

0.21

Launched (3y ago)

Oct 16, 2019

AUM in Crores

409.900

ISIN

INF769K01FE1

Lock-in

No Lock-in

Benchmark

Nifty 1D Rate TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

0.2

Standard Deviation (5yr)

0

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

-5.566

Sharpe Ratio (5yr)

0

YTM

0

Fund Managers

Abhishek Iyer

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-11-27

Top Debt Holdings

reverse repo

64.8%
64.8%

treps

32.3%
32.3%

91 Days Treasury Bill 17-11-2022

1.2%
1.2%

182 Days Treasury Bill 08-12-2022

1.2%
1.2%

net receivables / (payables)

0.5%
0.5%
See all holdings

Compare Mirae Asset Overnight Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 46,469 cr

₹ 14,221 cr

₹ 18,664 cr

₹ 13,008 cr

₹ 46,469 cr

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 113,734 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,36 debt and 9 hybrid funds.

amc-img

  • 022-67800300
  • customercare@miraeasset.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    19.2%

    18.3%

    18.3%

    17.9%

    20.1%

    20.3%

    14.9%

    15.4%

    14.1%

    15.2%

    Mirae Asset Overnight Fund (G) Review

    Mirae Asset Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 3.8% over a period of 3 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Abhishek Iyer.

    Nav of Mirae Asset Overnight Fund (G) as of 11/27/2022 is ₹1121.70 with the total AUM as of 11/28/2022 is ₹409.9. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Overnight Fund (G) was launched on Oct 16, 2019. The category risk of the fund is Low Risk.

    The minimum SIP amount for Mirae Asset Overnight Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    Mirae Asset Overnight Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty 1D Rate TR INR.

    Mirae Asset Overnight Fund (G) is rated as a 0 fund in Debt and delivered 4.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Overnight Fund (G).

    Frequently Asked Questions

    What is Mirae Asset Overnight Fund (G)?

    Mirae Asset Overnight Fund (G) is a Overnight Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in Mirae Asset Overnight Fund (G)?

    You can invest in Mirae Asset Overnight Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of Mirae Asset Overnight Fund (G)?

    The minimum sip amount for Mirae Asset Overnight Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is Mirae Asset Overnight Fund (G) good to invest in?

    As per Scripbox experts, Mirae Asset Overnight Fund (G) is a Not Reviewed Yet fund. You can investMirae Asset Overnight Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the Mirae Asset Overnight Fund (G)?

    The expense ratio of the Mirae Asset Overnight Fund (G) is 0.21% for regular plan.