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Who says money can't
grow overnight

Mirae Asset Overnight Fund

(An open ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk.)

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About the fund

about

Who said money can’t grow overnight?

Mirae Asset Overnight Fund lets your money work hard, while you sleep & aims to deliver potential returns in a short period of time. Sometimes, even as soon as one day.

Why you should invest?

investment

High Liquidity (T+1 Redemptions with no exit load)

No Mark to Market Risk

Fund facts

Type

An open ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk.

fund manager

Mr. Abhishek Iyer (Since 28th December 2020)

allotment date

15th October, 2019

benchmark index

NIFTY 1D Rate Index

minimum investment amount

₹ 5000/- and in multiples of ₹ 1/- thereafter

options available

Growth Option and IDCW (Payout / Reinvestment)

plans available

Regular Plan and Direct Plan

taxation

Click here to view

Ideal Investment Horizon

Recommended Investment Horizon

1 day to 1 week

Risk Profile

Low

Suitable Investment

wealth

Savings

Net asset value

For Historic NAV Click here

Dividend

Record date	Div. Ind (₹)	Div. Corp (₹)	Cum Nav (₹)
25-Oct-2022	4.6484	4.6484	1,004.6485
24-Nov-2022	4.7186	4.7186	1,004.7186
26-Dec-2022	5.2436	5.2436	1,005.2436
24-Jan-2023	4.8097	4.8097	1,004.8097

For Historic Dividend Click here

INVESTMENT FRAMEWORK

Mirae Asset Overnight Fund invests in securities with a maturity of 1 business day. And hence it seeks to offer low risk and high liquidity with a decent returns potential.

Where Can you Invest:
Tri Party Repos	CDs / CPs
T-bills	Repo/ Reverse Repo
Floating and MIBOR Linked instruments$

$With daily call & put options, including floating rate instruments with overnight maturity

Mirae Asset Debt Investment Process and Philosophy

Fund Managers

manager

Mr. Abhishek Iyer fund manager

(Since 28th December 2020)

RISKOMETER

Mirae Asset RISKOMETER

Potential Risk Class Matrix (PRC)

Credit Risk → Interest Rate Risk↓	Relatively Low (Class A)	Moderate (Class B)	Relatively High (Class C)
Relatively Low (Class I)	A-I
Moderate (Class II)
Relatively High (Class III)

Mirae Asset Overnight Fund

(An open ended debt scheme investing in overnight securities)

Select Plan

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Returns with asset class

investment type

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Amount in ₹

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Amount should be greater than 1000.

Time in years

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Cumulative Returns

Click here to view our calculation methodology

performance

View Performance of the funds managed by the Fund Manager

calculators

SIP Top-up Calculator

calculators

SWP Calculator SIP Calculator SIP Top-up Calculator STP Calculator Rolling Return

How to achieve your goal

Mirae Asset Overnight Fund

(An open ended debt scheme investing in overnight securities)

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download

Holdings

	Name	Allocation
1	"TREPS / Repo"	99.89%
2	"Net Receivalbes/(Payables)"	0.11%

Sector allocation historic

Diversified: flexibility to invest across sectors, themes & styles

Asset Allocation

Market Cap Analysis

Market Cap Historic Analysis

Multi Cap Fund: open-ended equity scheme investing across large cap, midcap, small market captilzation stocks

*Data as on 31st March, 2022.

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DOWNLOADS

Forms

Click here to downloads the forms

SID

Click here to download SID (Scheme Information Document)

KIM

Click here to download KIM (Key Information Memorandum)

Factsheet

Click here to download the factsheets

Full Portfolio

Click here to download the full portfolio