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Overnight📊 NIFTY 1D Rate Index(SEBI default)

Mirae Asset Overnight Fund · Regular · Growth

Mirae Asset Mutual Fund

#16 of 35 (1Y)

NAV

₹1407.8712

as of 30 Sept 2026

Expense Ratio

0.18%

AUM

₹1,961 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.18%
3Y
+5.98%
5Y
+5.66%
Since Inception
+5.04%

SIP returns (XIRR)

1Y
+5.13%
3Y
+5.63%
5Y
+5.83%
Since Inception
+5.52%

What history actually did — last 6 years (Sept 2020 – Sept 2026)

A ₹5,000 monthly SIP for the last 6 years (Sept 2020 – Sept 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹4,27,413 today — ₹3,60,000 invested, 5.7% XIRR.

₹3,60,000

Invested

₹4,27,413

Value today

5.7%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 6 years (Sept 2020 – Sept 2026)

Real NAV backtest

₹1,00,000 invested 6 years ago would be ₹1,35,715 today (5.2% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Sept 2020 would still hold ₹9,29,740.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 6 years (Sept 2020 – Sept 2026) (3 Jun 2024) would be ₹1,13,854 today (1.14×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

-47.67

Sharpe Ratio

—

Alpha

—

Beta

-14.80

Sortino

0.05%

Std Dev

0.00%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryOvernight
BenchmarkNIFTY 1D Rate Index
Launch Date15 Oct 2019
AMFI Code147739
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 31 Aug 2026
Holding% NAV
  1. 15.10% Reverse Repo95.90%
  2. 2182 Days Treasury Bills (Md 03/09/2026)2.89%
  3. 3182 Days Treasury Bills (Md 18/09/2026)1.44%
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What this fund does

Mirae Asset Overnight Fund · Regular · Growth invests in overnight securities with a maturity of 1 business day. These funds carry very low credit and interest rate risk, with returns typically close to short-term money market rates.

About This Fund

Mirae Asset Overnight Fund · Regular · Growth is a Overnight mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 6 years. It manages assets worth ₹1,961 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 1D Rate Index. The current expense ratio is 0.18%.

Who Should Invest?

  • •Investors looking to park surplus cash for very short periods
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