Mirae Asset Overnight Fund

Q: What are the returns of this mutual fund scheme?

The Mirae Asset Overnight Fund is a 6 yrs 3 m old fund and has delivered average annual returns of 5.03% since inception. Mirae Asset Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 5.61% 6.31% 5.4% 5.03%

Q: How much does this mutual fund charge as expense ratio?

The Mirae Asset Overnight Fund has an expense ratio of 0.17% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹1362.7809+0.01% 1 day change	5.03% p.a.	App exclusive #NA View Ranked Funds	₹1,262 Cr

Historical NAV & returns

NAV: ₹1362.7809 as on Feb 02, 2026

This fund Category average

Mirae Asset Overnight Fund overview

AUM (Fund size)	₹1,262 Cr
Exit load	0%
Lock-in Period	Nil
Age	6 yrs 3 m since Oct 15, 2019
Benchmark	NIFTY 1D Rate Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.17% as on Feb 02, 2026
Plan type	Regular
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Mirae Asset Overnight Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	0.43%	0.42%
3 Months	1.3%	1.18%
6 Months	2.67%	2.54%
1 Year	5.61%	5.46%
2 Years	6.12%	6.03%
3 Years	6.31%	6.23%
4 Years	5.95%	5.89%
5 Years	5.4%	5.33%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Cash & Call Money 94.85079817%

SOV 5.14920181%

Top Debt Holdings

Reserve Bank of India 5.15%

Allocation by Instruments

Reverse Repo 87.29839164%

Repo 7.46069286%

Treasury Bills 5.14920181%

Net Receivables 0.09171367%

Other Holdings

Others 0.09%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Overnight Fund	0.43%	2.67%	5.61%	6.31%	5.4%	N.A.
PGIM India Overnight Fund	0.42%	2.65%	5.59%	6.29%	5.39%	3.21%
Edelweiss Overnight Fund	0.43%	2.65%	5.57%	6.27%	5.35%	3.25%
UTI Overnight Fund	0.43%	2.67%	5.63%	6.32%	5.4%	5.54%
ICICI Prudential Overnight Fund	0.43%	2.66%	5.6%	6.3%	5.37%	3.65%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Overnight Fund	0.16	0.11	-0.09	-0.19
PGIM India Overnight Fund	0.16	0.12	-0.17	-0.37
Edelweiss Overnight Fund	0.16	0.11	-0.32	-0.69
UTI Overnight Fund	0.15	0.11	0.02	0.04
ICICI Prudential Overnight Fund	0.16	0.11	-0.13	-0.28

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Overnight Fund	N.A.	1,262 Cr	6 yrs 3 m	0.17%
PGIM India Overnight Fund	N.A.	38 Cr	6 yrs 5 m	0.19%
Edelweiss Overnight Fund	N.A.	146 Cr	6 yrs 6 m	0.16%
UTI Overnight Fund	N.A.	3,760 Cr	22 yrs 2 m	0.11%
ICICI Prudential Overnight Fund	N.A.	10,445 Cr	7 yrs 2 m	0.15%

View all Overnight funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.2 vs. 1.51 Underperformed at beating benchmark
Sharpe	-0.09 vs. 1.7 Poor risk-adjusted returns
Beta	0.11 vs. -0.15 More sensitive to market's ups & downs
Standard deviation	0.16 vs. 0.12 More volatile performance

Compare Mirae Asset Overnight Fund in detail with

About this fund

About Mirae Asset Overnight Fund

Mirae Asset Overnight Fund is a Overnight mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 6 yrs 3 m, having been launched on 15/10/2019. Mirae Asset Overnight Fund has ₹1,262 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Overnight Fund as of 02/02/2026 is ₹1362.78. The fund has an expense ratio of 0.17%, which is close to what most other Overnight funds charge.

Mirae Asset Overnight Fund returns of last 1-year are 5.63%. Since launch, it has delivered 5.03% average annual returns.
Mirae Asset Overnight Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very low indicating it has lent to borrowers whose quality is poor. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Reserve Bank of India.

...

Fund AUM	1,262 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Krishnpal Yadav

MBA (IIM Indore) Prior to joining the Mirae Asset MF, Mr. Yadav was Dealer (Fixed Income) specializing in trading Non-SLR (Statutory Liquidity Ratio) securities.

Investment objective

The scheme seeks 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.

Mirae Asset Mutual Fund details

No. of schemes	48 view all schemes
Total AUM	2,29,565 Cr as on Dec 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund	N.A.	227 Cr	6.16%	7.74%
Mirae Asset Nifty SDL Jun 2027 Index Fund	N.A.	531 Cr	7.34%	7.56%
Mirae Asset Ultra Short Duration Fund	N.A.	2,067 Cr	6.81%	7.22%
Mirae Asset Nifty SDL June 2028 Index Fund	N.A.	71 Cr	7.21%	N.A.
Mirae Asset Money Market Fund	N.A.	3,025 Cr	6.88%	7.08%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund	N.A.	77 Cr	6.85%	7.05%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Overnight Fund?

The current Net Asset Value (NAV) of the Mirae Asset Overnight Fund plan is approximately ₹1362.7809 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Mirae Asset Overnight Fund is a 6 yrs 3 m old fund and has delivered average annual returns of 5.03% since inception.

Mirae Asset Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.61%	6.31%	5.4%	5.03%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Overnight Fund has an expense ratio of 0.17%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 1,262 Cr as on Dec 31, 2025.

To whom does Mirae Asset Overnight Fund lend to?

The top 3 debt holdings of Mirae Asset Overnight Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	5.15%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Mirae Asset Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	94.85079817%
SOV	5.14920181%

What is risk level of Mirae Asset Overnight Fund?

This is a Overnight fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Mirae Asset Overnight Fund?

Redeeming your investments in the Mirae Asset Overnight Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Overnight

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Overnight funds in the last 5 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.