GMP IPO Watch
Mirae Asset Overnight Fund
Direct Plan · Growth · Mirae Asset Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.11% | +0.09% | 16 of 40 |
| 1M | +0.47% | +0.40% | 12 of 40 |
| 3M | +1.30% | +1.12% | 10 of 38 |
| 6M | +2.62% | +2.09% | 7 of 36 |
| YTD | +4.39% | +3.34% | 7 of 40 |
| 1Y | +5.27% | +4.33% | 7 of 36 |
| 2Y | +5.65% | +4.64% | 5 of 33 |
| 3Y | +6.02% | +5.00% | 5 of 33 |
| 5Y | +5.79% | +4.98% | 5 of 27 |
| 7Y | +5.14% | +4.48% | 2 of 24 |
| INCEPTION | +5.14% | — | — |
Ranked among: Debt Scheme - Overnight Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.28% | +1.73% | +0.76% | 100% | 40% |
| 6M | +2.59% | +3.45% | +1.53% | 100% | 41% |
| 1Y | +5.31% | +6.88% | +3.11% | 100% | 42% |
| 2Y | +5.45% | +6.76% | +3.22% | 100% | 42% |
| 3Y | +5.54% | +6.50% | +3.77% | 100% | 42% |
| 5Y | +5.35% | +5.80% | +4.92% | 100% | 42% |
| 7Y | +5.14% | +5.14% | +5.14% | 100% | 42% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt4.91%
- Cash95.09%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| 5.15% Reverse Repo | Reverse Repo / TREPS | 59.05% | — |
| TREPS | Reverse Repo / TREPS | 35.32% | — |
| 91 Days Treasury Bills (MD 01/10/2026) | Money Market | 3.27% | — |
| 91 Days Treasury Bills (MD 08/10/2026) | Money Market | 1.64% | — |
| Net Receivables / (Payables) | Net Current Assets | 0.72% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.03 | 0.23 | Low Volatility |
| 3Y | 0.03 | 0.20 | Low Volatility |
| 5Y | 0.08 | 0.37 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -5.25 | -15.71 | Above Average |
| 3Y | 1.43 | -5.07 | Above Average |
| 5Y | 0.20 | -3.25 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.69 | — | Poor Risk Adjusted Returns |
| 3Y | 0.76 | — | Poor Risk Adjusted Returns |
| 5Y | 0.62 | — | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
BANK OF INDIA OVERNIGHT FUND
Regular Plan · Growth
|
+5.47% | +6.13% | +5.87% | +5.19% |
|
Axis Overnight Fund
Direct Plan · Growth Option
|
+5.30% | +6.04% | +5.81% | +5.17% |
|
Kotak Overnight Fund
Direct Plan · Growth
|
+5.28% | +6.02% | +5.78% | +5.17% |
|
Nippon India Overnight Fund
Direct Plan · Growth Option
|
+5.28% | +6.03% | +5.80% | +5.21% |
|
JioBlackRock Overnight Fund
Direct Plan · Growth Option
|
+5.28% | — | — | +5.33% |
|
Canara Robeco Overnight Fund
Direct Plan · GROWTH OPTION
|
+5.27% | +5.95% | +5.72% | +5.07% |
|
HSBC Overnight Fund
Direct Plan · Growth
|
+5.27% | +6.01% | +5.79% | +5.14% |
|
Mahindra Manulife Overnight Fund
Direct Plan · Daily IDCW
|
+5.25% | +6.00% | +7.29% | +5.14% |
|
360 ONE Overnight Fund
Regular Plan · GROWTH Option
|
+5.23% | — | — | +5.29% |
|
Baroda BNP Paribas Overnight Fund
Regular Plan · Growth Option
|
+5.23% | +5.94% | +5.71% | +5.07% |
More From Mirae Asset Investment Managers (India) Pvt. Ltd
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset S&P 500 Top 50 ETF Fund of Fund
Direct Plan · Growth
|
+29.35% | +41.95% | +25.08% | +25.94% |
| Mirae Asset Silver ETF | +26.31% | +36.47% | — | +30.17% |
|
Mirae Asset NYSE FANG + ETF Fund of Fund
Direct Plan · Growth
|
+21.29% | +50.85% | +29.57% | +31.68% |
|
Mirae Asset Gold Silver Passive FoF
Direct Plan · IDCW
|
+21.29% | — | — | +35.40% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
| Mirae Asset Nifty Metal ETF | +19.77% | — | — | +11.29% |
|
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Direct Plan · Growth
|
+18.59% | +34.76% | — | +33.45% |
| Mirae Asset Gold ETF | +16.94% | +31.04% | — | +27.13% |
|
Mirae Asset Gold ETF Fund of Fund
Direct Plan · Growth
|
+16.76% | — | — | +32.55% |
| Mirae Asset NYSE FANG+ ETF | +9.94% | +37.12% | +22.50% | +24.56% |
About This Scheme
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.
Stated Asset Allocation
Debt and Money market instruments* having maturity of upto 1 business day : upto 100%
Fund Managers
Ms. Pranavi Kulkarni
Primary
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.