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

Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl

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Debt
Direct
Overnight

NAV: ₹ 1000.9 as on 29-01-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1.5%
2.9%
5%
3.8%
Benchmark
-
-
-
-
-
About the Fund

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 Abhishek Iyer. This fund is suitable to keep your money safe.

Key parameters

1) Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl has a NAV of 1000.8775 as on 29-01-2023.

2) Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl has 792 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.11 %.

Fund Overview

Expense ratio
Expense ratio
0.11%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹792 Cr
Inception Date
Inception Date
26 November, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
49.06%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

100%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings2
Holdings
Weight%
Holdings Trend
1M Change
icon
Reverse Repo
66.55%
0%
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182 DTB 02022023
0.63%
0%

What changed

in last one month
  • Scheme
AUM decreased by 348.3 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 860.4 Cr
Nov'22
₹ 1.2K Cr
Oct'22
₹ 409.9 Cr

Fund Returns vs Benchmark

Dec'22
0.41%
0.36%
Nov'22
0.44%
0.40%
Oct'22
0.43%
0.41%
Fund Return
Benchmark Return

Fund Manager

Abhishek Iyer

Abhishek Iyer

Fund Manager of Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl, since 28 December 2020

AMC details

Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.19L Cr
as on 31-Dec-2022
Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Email
customercare@miraeasset.com

Fund Highlights

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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 3.8% since inception which is more than its category average return of 3.14%
AUM size ₹792 Cr

AUM size ₹792 Cr

This fund has AUM of ₹792 Cr which is less than its category average of ₹ 3419 Cr
Expense Ratio 0.11%

Expense Ratio 0.11%

This fund has an expense ratio of 0.11% which is less than its category average expense ratio of 0.14%

Frequently Asked Questions

The current NAV of Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl is 1000.53 as on 27-Jan-2023.
Existing (Absolute + CAGR)
Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.52%
0.52%
6 Month Returns
2.92%
2.92%
1 Year Returns
4.93%
4.93%
3 Years Returns
11.84%
3.8%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.11 as on December 2022
792 Cr as on December 2022
Abhishek Iyer is the fund manager of Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl
The Exit load of Mirae Asset Overnight Fund Direct Monthly Payout of Income Distribution cum capital wdrl is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.