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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 20261402.7474
CategoryOvernight
PlanRegular · Growth
Launched15 Oct 2019
Risk labelthe scheme's own riskometerLow
Legal benchmarkSEBI Tier-1NIFTY 1D Rate Index
Expense ratiodirect plan, a year0.18%
AUM₹395 Cr
Growth of ₹10,000₹13,1512 Sep 2021 to 2 Sep 2026
₹13,151₹12,363₹11,575₹10,787₹10,000Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,151 (+5.6% a year) Mirae Asset Overnight Fund

Performance (trailing, annualised)

1Y annualised5.23%
3Y annualised6.03%
5Y annualised5.63%

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 ₹1,23,3375.17%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,92,4175.67%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,95,8455.86%

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

Calendar years

Calendar 20213.16%
Calendar 20224.65%
Calendar 20236.63%
Calendar 20246.65%
Calendar 20255.75%

Rolling returns

Rolling 1Y · average305 windows since 22 Oct 20205.11%
Rolling 1Y · median5.48%
Rolling 1Y · worst window3.01%
Rolling 1Y · best window6.74%
Rolling 1Y · windows positive100%
Rolling 3Y · average202 windows since 19 Oct 20225.37%
Rolling 3Y · median5.67%
Rolling 3Y · worst window3.67%
Rolling 3Y · best window6.40%
Rolling 3Y · windows positive100%
Rolling 5Y · average98 windows since 17 Oct 20245.22%
Rolling 5Y · median5.22%
Rolling 5Y · worst window4.82%
Rolling 5Y · best window5.62%
Rolling 5Y · windows positive100%

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

Risk

Volatility (3Y)0.11%
Downside deviation (3Y)0.00%
Maximum drawdown0.00%

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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