Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl
Debt
Direct
Overnight
NAV: ₹ 1000.91 as on 15-04-2024
Fund Performance
About the Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl
Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl is a debt fund. This fund was started on 6 January, 2020. The fund is managed by Abhishek Iyer. This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl has ₹594 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.
Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl Overview
 | 0.04% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹594 Cr |
 | 6 January, 2020 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 315.65% |
Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
100%
Top Holdings of Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl as on (31-Mar-24)
Debt Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 182 DTB 04042024 | 1.68% | 0% | |
91 DTB 25042024 | 1.68% | 0% | |
182 DTB 18042024 | 0.84% | 0% |
Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.6K Cr as of Mar'24
- AUM increased by 264.6 Cr between Mar'24 and Feb'24
Peer Analysis
Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl Fund Manager
Abhishek Iyer
Fund Manager of Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl, since 28 December 2020
Top funds managed
Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 4.61% since inception which is more than its category average return of 3.64%
AUM size ₹594 Cr
This fund has AUM of ₹594 Cr which is less than its category average of ₹ 2623 Cr
Expense Ratio 0.04%
This fund has an expense ratio of 0.04% which is less than its category average expense ratio of 0.13%
Frequently Asked Questions
The current NAV of Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl is ₹1000.91 as on 15-Apr-2024.
Existing (Absolute + CAGR) as on 15-Apr-2024.
Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.4% | 3.4% |
1 Year Returns | 6.86% | 6.86% |
3 Years Returns | 16.62% | 5.26% |
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.
0.04% as on March 2024
₹594 Cr as on March 2024
Yield to Maturity is 6.68 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
AAA | 100 |
Abhishek Iyer is the fund manager of Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl
The Exit load of Mirae Asset Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital wdrl is 0%