Mirae Asset Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 8
Rating
Growth Option 30-09-2026
NAV ₹1407.87(R) +0.01% ₹1416.77(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.18% 5.99% 5.66% -% -%
Direct 5.26% 6.08% 5.75% -% -%
Benchmark
SIP (XIRR) Regular 5.12% 5.61% 5.84% -% -%
Direct 5.2% 5.7% 5.93% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.52 0.83 0.61 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.2% 0.0% 0.0% - 0.15%
Fund AUM As on: 30/12/2025 1830 Cr
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Franklin India Overnight Fund 3
UTI Overnight Fund 4
Invesco India Overnight Fund 5
Baroda BNP Paribas Overnight Fund 6
Nippon India Overnight Fund 7

NAV Date: 30-09-2026

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Overnight Fund Direct Weekly IDCW 1000.0
-0.8300
-0.0800%
Mirae Asset Overnight Fund Regular Weekly IDCW 1000.0
-0.8300
-0.0800%
Mirae Asset Overnight Fund Regular Daily IDCW 1000.01
0.0000
0.0000%
Mirae Asset Overnight Fund Direct Daily IDCW 1000.02
0.0000
0.0000%
Mirae Asset Overnight Fund Direct Monthly IDCW 1000.83
0.1400
0.0100%
Mirae Asset Overnight Fund Regular Monthly IDCW 1000.83
0.1400
0.0100%
Mirae Asset Overnight Fund Regular Plan Growth 1407.87
0.1900
0.0100%
Mirae Asset Overnight Fund Direct Plan Growth 1416.77
0.1900
0.0100%

Review Date: 30-09-2026

Beginning of Analysis

In the Overnight Fund category, Mirae Asset Overnight Fund is the 7th ranked fund. The category has total 29 funds. The Mirae Asset Overnight Fund has shown a very good past performence in Overnight Fund. The fund has a Sharpe Ratio of 1.52 which is higher than the category average of 1.34.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Overnight Mutual Funds are ideal for investors seeking a safe, liquid, and ultra-low-risk investment option for very short-term cash management. These funds invest in overnight securities with a maturity of 1 day, offering quick redemption (within 1 business day) and stable returns. While they provide minimal risk and high liquidity, they offer very low returns compared to other debt funds. Investors should consider their liquidity needs and investment horizon before investing in Overnight Funds. These funds are best suited for parking surplus funds for a very short duration, such as overnight or a few days.

Mirae Asset Overnight Fund Return Analysis

  • The fund has given a return of 0.4%, 1.27 and 2.58 in last one, three and six months respectively. In the same period the category average return was 0.39%, 1.26% and 2.57% respectively.
  • Mirae Asset Overnight Fund has given a return of 5.26% in last one year. In the same period the Overnight Fund category average return was 5.22%.
  • The fund has given a return of 6.08% in last three years and ranked 7.0th out of thirty two funds in the category. In the same period the Overnight Fund category average return was 6.04%.
  • The fund has given a return of 5.75% in last five years and ranked 4th out of twenty seven funds in the category. In the same period the Overnight Fund category average return was 5.71%.
  • The fund has given a SIP return of 5.2% in last one year whereas category average SIP return is 5.16%. The fund one year return rank in the category is 18th in 36 funds
  • The fund has SIP return of 5.7% in last three years and ranks 9th in 32 funds. Bank of India Overnight Fund has given the highest SIP return (5.86%) in the category in last three years.
  • The fund has SIP return of 5.93% in last five years whereas category average SIP return is 5.89%.

Mirae Asset Overnight Fund Risk Analysis

  • The fund has a standard deviation of 0.2 and semi deviation of 0.15. The category average standard deviation is 0.2 and semi deviation is 0.15.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Overnight Fund Category
  • Good Performance in Overnight Fund Category
  • Poor Performance in Overnight Fund Category
  • Very Poor Performance in Overnight Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.39
    0.39
    		0.35 | 0.41 15 | 35 Good
    3M Return % 1.25
    1.24
    		1.13 | 1.29 15 | 34 Good
    6M Return % 2.54
    2.53
    		2.33 | 2.76 18 | 34 Good
    1Y Return % 5.18
    5.14
    		4.75 | 5.47 16 | 34 Good
    3Y Return % 5.99
    5.95
    		5.61 | 6.18 11 | 32 Good
    5Y Return % 5.66
    5.63
    		5.43 | 5.82 6 | 27 Very Good
    1Y SIP Return % 5.12
    5.08
    		4.68 | 5.44 16 | 34 Good
    3Y SIP Return % 5.61
    5.58
    		5.21 | 5.84 11 | 32 Good
    5Y SIP Return % 5.84
    5.81
    		5.58 | 6.03 9 | 27 Good
    Standard Deviation 0.20
    0.20
    		0.18 | 0.27 13 | 30 Good
    Semi Deviation 0.15
    0.15
    		0.14 | 0.20 11 | 30 Good
    Sharpe Ratio 1.52
    1.34
    		-0.16 | 2.45 8 | 30 Very Good
    Sterling Ratio 0.61
    0.61
    		0.58 | 0.63 9 | 30 Good
    Sortino Ratio 0.83
    0.73
    		-0.06 | 1.62 8 | 30 Very Good
    Return data last Updated On : Sept. 30, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.40 0.39 0.36 | 0.40 17 | 37 Good
    3M Return % 1.27 1.26 1.18 | 1.28 18 | 36 Good
    6M Return % 2.58 2.57 2.43 | 2.77 19 | 36 Average
    1Y Return % 5.26 5.22 4.96 | 5.48 13 | 36 Good
    3Y Return % 6.08 6.04 5.82 | 6.20 7 | 32 Very Good
    5Y Return % 5.75 5.71 5.53 | 5.85 4 | 27 Very Good
    1Y SIP Return % 5.20 5.16 4.88 | 5.46 18 | 36 Good
    3Y SIP Return % 5.70 5.66 5.42 | 5.86 9 | 32 Good
    5Y SIP Return % 5.93 5.89 5.68 | 6.05 5 | 27 Very Good
    Standard Deviation 0.20 0.20 0.18 | 0.27 13 | 30 Good
    Semi Deviation 0.15 0.15 0.14 | 0.20 11 | 30 Good
    Sharpe Ratio 1.52 1.34 -0.16 | 2.45 8 | 30 Very Good
    Sterling Ratio 0.61 0.61 0.58 | 0.63 9 | 30 Good
    Sortino Ratio 0.83 0.73 -0.06 | 1.62 8 | 30 Very Good
    Return data last Updated On : Sept. 30, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Mirae Asset Overnight Fund NAV Regular Growth Mirae Asset Overnight Fund NAV Direct Growth
    30-09-2026 1407.8712 1416.7739
    29-09-2026 1407.6809 1416.5792
    28-09-2026 1407.485 1416.385
    25-09-2026 1406.8994 1415.7863
    24-09-2026 1406.7193 1415.6018
    23-09-2026 1406.5291 1415.4073
    22-09-2026 1406.3368 1415.2105
    21-09-2026 1406.144 1415.0134
    18-09-2026 1405.5703 1414.4266
    17-09-2026 1405.381 1414.233
    16-09-2026 1405.1897 1414.0374
    15-09-2026 1405.01 1413.8534
    11-09-2026 1404.2899 1413.1161
    10-09-2026 1404.1136 1412.9355
    09-09-2026 1403.9402 1412.7579
    08-09-2026 1403.769 1412.5825
    07-09-2026 1403.5952 1412.4044
    04-09-2026 1403.0905 1411.8871
    03-09-2026 1402.9234 1411.7158
    02-09-2026 1402.7474 1411.5356
    01-09-2026 1402.5641 1411.3479
    31-08-2026 1402.3793 1411.1588

    Fund Launch Date: 15/Oct/2019
    Fund Category: Overnight Fund
    Investment Objective: 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.
    Fund Description: Overnight Fund - An open ended debt scheme investing in overnight securities
    Fund Benchmark: CRISILOvernight Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.