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Mirae Asset Overnight Fund Regular Weekly IDCW

Mirae Asset · Overnight
Low
₹1000.90
Current NAV
03 Nov 2026
0.0%
1Y Return
0.0%
3Y CAGR
0.0%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.40).
  • Very large asset base (AUM: ₹12,450 Cr) indicating high investor trust and liquidity.
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Higher expense ratio (2.2%) which can affect compounding over long horizons.
  • Sluggish 3-year performance, lagging behind primary equity benchmarks.
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
1.40
Sharpe Ratio
1.00
Beta
0.40
Alpha
1.54
Sortino
Fund Details
Fund House Mirae Asset
Category Overnight
AUM ₹12450 Cr
Expense Ratio 2.20%
Min SIP ₹500
Min Lumpsum ₹1000
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