Mirae Asset Overnight Fund Datagrid
Category Overnight Fund
BMSMONEY Rank 8
Rating
Growth Option 18-08-2026
NAV ₹1399.92(R) +0.01% ₹1408.64(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.24% 6.05% 5.61% -% -%
Direct 5.32% 6.14% 5.71% -% -%
Benchmark
SIP (XIRR) Regular 5.19% 5.7% 5.87% -% -%
Direct 5.27% 5.78% 5.96% -% -%
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
- 4
Invesco India Overnight Fund 5
Baroda BNP Paribas Overnight Fund 6
Nippon India Overnight Fund 7

NAV Date: 18-08-2026

Scheme Name NAV Rupee Change Percent Change
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 Weekly IDCW 1000.84
0.1400
0.0100%
Mirae Asset Overnight Fund Regular Weekly IDCW 1000.84
0.1300
0.0100%
Mirae Asset Overnight Fund Regular Monthly IDCW 1003.43
0.1300
0.0100%
Mirae Asset Overnight Fund Direct Monthly IDCW 1003.48
0.1400
0.0100%
Mirae Asset Overnight Fund Regular Plan Growth 1399.92
0.1900
0.0100%
Mirae Asset Overnight Fund Direct Plan Growth 1408.64
0.1900
0.0100%

Review Date: 18-08-2026

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%, 1.3 and 2.56 in last one, three and six months respectively. In the same period the category average return was 0.4%, 1.29% and 2.55% respectively.
  • Mirae Asset Overnight Fund has given a return of 5.32% in last one year. In the same period the Overnight Fund category average return was 5.28%.
  • The fund has given a return of 6.14% in last three years and ranked 7.0th out of thirty funds in the category. In the same period the Overnight Fund category average return was 6.1%.
  • The fund has given a return of 5.71% in last five years and ranked 3rd out of twenty five funds in the category. In the same period the Overnight Fund category average return was 5.67%.
  • The fund has given a SIP return of 5.27% in last one year whereas category average SIP return is 5.23%. The fund one year return rank in the category is 14th in 34 funds
  • The fund has SIP return of 5.78% in last three years and ranks 9th in 30 funds. Bank of India Overnight Fund has given the highest SIP return (5.96%) in the category in last three years.
  • The fund has SIP return of 5.96% in last five years whereas category average SIP return is 5.92%.

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 % 0.40
    0.39
    		0.36 | 0.41 12 | 33 Good
    3M Return % 1.28
    1.27
    		1.19 | 1.31 14 | 32 Good
    6M Return % 2.52
    2.51
    		2.33 | 2.74 17 | 32 Average
    1Y Return % 5.24
    5.20
    		4.83 | 5.52 14 | 32 Good
    3Y Return % 6.05
    6.02
    		5.69 | 6.24 10 | 30 Good
    5Y Return % 5.61
    5.58
    		5.39 | 5.77 5 | 25 Very Good
    1Y SIP Return % 5.19
    5.15
    		4.78 | 5.53 15 | 32 Good
    3Y SIP Return % 5.70
    5.66
    		5.31 | 5.92 10 | 30 Good
    5Y SIP Return % 5.87
    5.84
    		5.61 | 6.06 8 | 25 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 : Aug. 18, 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 0.40 0.37 | 0.41 10 | 35 Good
    3M Return % 1.30 1.29 1.23 | 1.32 14 | 34 Good
    6M Return % 2.56 2.55 2.43 | 2.76 17 | 34 Good
    1Y Return % 5.32 5.28 5.04 | 5.56 10 | 34 Good
    3Y Return % 6.14 6.10 5.89 | 6.27 7 | 30 Very Good
    5Y Return % 5.71 5.67 5.49 | 5.81 3 | 25 Very Good
    1Y SIP Return % 5.27 5.23 4.98 | 5.56 14 | 34 Good
    3Y SIP Return % 5.78 5.74 5.52 | 5.96 9 | 30 Good
    5Y SIP Return % 5.96 5.92 5.72 | 6.09 5 | 25 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 : Aug. 18, 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
    18-08-2026 1399.9183 1408.6416
    17-08-2026 1399.7318 1408.4507
    14-08-2026 1399.152 1407.8579
    13-08-2026 1398.9571 1407.6587
    12-08-2026 1398.7673 1407.4646
    11-08-2026 1398.5789 1407.2719
    10-08-2026 1398.3915 1407.0802
    07-08-2026 1397.8274 1406.5032
    06-08-2026 1397.6414 1406.3129
    05-08-2026 1397.4505 1406.1175
    04-08-2026 1397.2665 1405.9292
    03-08-2026 1397.0829 1405.7413
    31-07-2026 1396.5007 1405.1461
    30-07-2026 1396.3041 1404.9451
    29-07-2026 1396.1105 1404.7472
    28-07-2026 1395.9155 1404.5479
    27-07-2026 1395.7197 1404.3477
    24-07-2026 1395.1464 1403.7616
    23-07-2026 1394.9564 1403.5673
    22-07-2026 1394.7652 1403.3718
    21-07-2026 1394.5649 1403.1671
    20-07-2026 1394.3683 1402.9661

    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.