Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl
Get the latest NAV of Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1002.91
NAV as on 14 Sep 2025
5.03%/per year
Since Inception
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Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl Performance vs. Overnight Index
Fund returns vs Benchmark returns vs Category Average returns as on (14-Sep-25)
The fund has consistently outperformed the benchmark (Overnight Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl Asset Allocation
See fund asset allocation details as on (14-Sep-25)
Fund Distribution
as on (14-Sep-25)
Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl Sector Allocation
See fund sector allocation details as on (14-Sep-25)
Sector Allocation
Top Sector in August was Government
Government
2%
Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.08% |
Benchmark | Nifty 1D Rate TR INR |
| AUM | ₹1299 Cr |
| Inception Date | 26 November, 2019 |
| Min Lumpsum/SIP | ₹5000/₹99 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 891.67% |
| Risk |   Low to Moderate Risk |
About Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl
Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl is a debt fund. This fund was started on 26 November, 2019. The fund is managed by Amit Modani. This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl has ₹1299 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl has given a CAGR return of 5.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.17%, 6.49% and 5.31% respectively.
Holdings
Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl has allocated its funds majorly in Cash Equivalent. Its top holdings are 182 DTB 29082025, 91 Days Tbill (Md 28/08/2025), 91 Days Tbill (Md 28/08/2025)
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl has no lock in period.
Fund Manager
Amit Modani
Fund Manager of Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl, since 5 February 2025
- AUM of the fund stands at 1.3K Cr as of Aug'25
- AUM increased by 443.6 Cr between Aug'25 and Jul'25
Frequently Asked Questions for Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl
How do I invest in Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl?
- Download the INDmoney app.
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- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.