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OmniAsset › Mutual funds › Mirae Asset Overnight Fund

Mirae Asset Overnight Fund

Overnight fund benchmarked to NIFTY 1D Rate Index. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 20261001.233
CategoryOvernight
PlanDirect · Idcw
Launched15 Oct 2019
Risk labelthe scheme's own riskometerLow
Legal benchmarkSEBI Tier-1NIFTY 1D Rate Index
Expense ratiodirect plan, a year0.09%
AUM₹0.06 Cr
Growth of ₹10,000₹10,0052 Sep 2021 to 2 Sep 2026
₹10,049₹10,034₹10,020₹10,006₹9,992Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹10,005 (+0.0% a year) Mirae Asset Overnight Fund

Performance (trailing, annualised)

1Y annualised0.01%
3Y annualised-0.01%
5Y annualised0.01%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,20,0080.01%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,59,964-0.01%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹5,99,996-0.00%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 20210.01%
Calendar 20220.02%
Calendar 20230.01%
Calendar 20240.03%
Calendar 2025-0.02%

Rolling returns

Rolling 1Y · average299 windows since 3 Dec 20200.01%
Rolling 1Y · median-0.00%
Rolling 1Y · worst window-0.53%
Rolling 1Y · best window0.28%
Rolling 1Y · windows positive50%
Rolling 3Y · average196 windows since 30 Nov 20220.02%
Rolling 3Y · median0.02%
Rolling 3Y · worst window-0.18%
Rolling 3Y · best window0.10%
Rolling 3Y · windows positive67%
Rolling 5Y · average92 windows since 28 Nov 20240.02%
Rolling 5Y · median0.02%
Rolling 5Y · worst window0.00%
Rolling 5Y · best window0.05%
Rolling 5Y · windows positive83%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)1.52%
Downside deviation (3Y)1.48%
Maximum drawdown-0.58%

Management

Fund managerMs. Pranavi Kulkarni
Managing since3 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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