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Mirae Asset Overnight Fund Regular Daily IDCW

Mirae Asset · Overnight
Low
₹1000.01
Current NAV
25 Jun 2026
19.7%
1Y Return
11.7%
3Y CAGR
20.7%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Professionally managed by an established fund house with experienced fund managers.
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Higher expense ratio (1.97%) which can affect compounding over long horizons.
  • Lower risk-adjusted performance compared to top peers in the same category.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
0.77
Sharpe Ratio
1.57
Beta
1.77
Alpha
1.05
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Fund Details
Fund House Mirae Asset
Category Overnight
AUM ₹2320 Cr
Expense Ratio 1.97%
Min SIP ₹500
Min Lumpsum ₹1000
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