Mirae Asset Overnight Fund Regular Weekly IDCW
Category: Debt: Overnight
Launch Date: 29-11-2019
AUM:
₹ 855.3 Cr
Expense Ratio
0.16%
Benchmark
NIFTY 1D Rate Index
ISIN
INF769K01FM4
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Fund Manager
Mr. Amit Modani
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Overnight Fund Regular Weekly IDCW | 6.13 | 6.43 | 5.07 |
| Nifty 1D Rate Index | 6.67 | 6.28 | 5.04 |
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
1000.5725
Last change
0.29 (0.0286%)
Fund Size (AUM)
₹ 855.3 Cr
Performance
4.83% (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. Amit Modani
Riskometer
Low
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| 5.50% Reverse Repo | 60.13 |
| TREPS | 35.64 |
| 91 Days Treasury Bills (MD 01/08/2025) | 2.34 |
| 91 Days Treasury Bills (MD 21/08/2025) | 1.17 |
| 364 Days Treasury Bills (MD 07/08/2025) | 0.58 |
| Net Receivables / (Payables) | 0.14 |
Sector Allocation
| Sector | Holdings (%) |
|---|
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Overnight Reg Wly IDCW | 5.07 |
| Bank of India Overnight Reg Gr | 5.31 |
| Axis Overnight Reg Gr | 5.24 |
| UTI Overnight Fund Reg Gr | 5.2 |
| Franklin India Overnight Gr | 5.16 |
| Bajaj Finserv Overnight Fund Reg Gr | 0.0 |
| PGIM India Overnight Reg Gr | 5.2 |
| Invesco India Overnight Reg Gr | 5.19 |
| Nippon India Overnight Reg Gr | 5.18 |
| DSP Overnight Reg Gr | 5.19 |