Mirae Asset Overnight Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Overnight Fund

Scheme Objective

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.

Scheme Details

Fund manager(s) – Amit Modani
Launch date – 15-Oct-2019
Expense ratio – 0.08% as declared on 31-Aug-2025 (category average is 0.08%)
Benchmark - Nifty 1D Rate Index

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

1298.90

0.00

0.00%

Aug - 2025	1298.90	0.00%
Jul - 2025	855.31	0.00%
Jun - 2025	825.05	0.00%
May - 2025	1009.74	0.00%
Apr - 2025	864.44	0.00%
Mar - 2025	390.72	0.00%
Feb - 2025	825.15	0.00%
Jan - 2025	944.06	0.00%

2024

1005.84

0.00

0.00%

Dec - 2024	1005.84	0.00	0.00%
Nov - 2024	1743.29	0.00	0.00%
Oct - 2024	741.26	0.00	0.00%
Sep - 2024	636.16	0.00	0.00%
Aug - 2024	616.04	0.00	0.00%
Jul - 2024	1214.67	0.00	0.00%
Jun - 2024	581.62	0.00	0.00%
May - 2024	882.62	90432.04	0.98%
Apr - 2024	865.39	83280.65	1.04%
Mar - 2024	593.94	61560.33	0.96%
Feb - 2024	1372.02	88802.69	1.55%
Jan - 2024	1280.70	104930.54	1.22%

2023

1484.87

87757.74

1.69%

Dec - 2023	1484.87	87757.74	1.69%
Nov - 2023	2408.04	98642.75	2.44%
Oct - 2023	1439.99	99300.43	1.45%
Sep - 2023	1253.42	82255.84	1.52%
Aug - 2023	1292.21	107342.01	1.20%
Jul - 2023	1116.44	94155.99	1.19%
Jun - 2023	614.40	89406.39	0.69%
May - 2023	538.96	101767.61	0.53%
Apr - 2023	322.92	102520.23	0.31%
Mar - 2023	402.60	95800.73	0.42%
Feb - 2023	632.14	119004.06	0.53%
Jan - 2023	1014.60	119576.27	0.85%

2022

860.43

102818.15

0.84%

Dec - 2022	860.43	102818.15	0.84%
Nov - 2022	1208.77	120436.44	1.00%
Oct - 2022	682.89	154367.08	0.44%
Sep - 2022	877.58	139080.33	0.63%
Aug - 2022	700.04	120037.67	0.58%
Jul - 2022	568.87	140426.40	0.41%
Jun - 2022	712.17	127681.69	0.56%
May - 2022	492.13	137381.45	0.36%
Apr - 2022	510.80	106546.21	0.48%
Mar - 2022	799.51	100940.29	0.79%
Feb - 2022	486.07	113058.51	0.43%
Jan - 2022	940.38	128929.12	0.73%

2021

533.35

92685.93

0.58%

Dec - 2021	533.35	92685.93	0.58%
Nov - 2021	551.56	99191.80	0.56%
Oct - 2021	507.86	123289.68	0.41%
Sep - 2021	572.07	108128.43	0.53%
Aug - 2021	370.17	94665.81	0.39%
Jul - 2021	287.76	88345.76	0.33%
Jun - 2021	263.70	89367.09	0.30%
May - 2021	311.09	89684.72	0.35%
Apr - 2021	453.81	88832.59	0.51%
Mar - 2021	235.16	69985.18	0.34%
Feb - 2021	271.94	73912.68	0.37%
Jan - 2021	282.18	83431.39	0.34%

2020

257.60

76292.57

0.34%

Dec - 2020	257.60	76292.57	0.34%
Nov - 2020	322.82	66326.47	0.49%
Oct - 2020	227.31	70813.57	0.32%
Sep - 2020	247.63	81957.53	0.30%
Aug - 2020	322.54	70836.97	0.46%
Jul - 2020	896.58	71894.87	1.25%
Jun - 2020	952.06	83164.43	1.14%
May - 2020	484.52	82887.05	0.58%
Apr - 2020	462.82	81763.20	0.57%
Mar - 2020	537.71	78332.76	0.69%
Feb - 2020	187.27	51292.42	0.37%
Jan - 2020	154.79	52416.71	0.30%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

Mirae Asset Investment Managers (India) Pvt. Ltd.

Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Tel no.: 022-67800300
Fax no.: 022-67253942
Website.: www.miraeassetmf.co.in

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hunch
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32 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more

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shravanashok
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47 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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8 hrs ago

Invest in a Secure PSU Bond for Steady Growth TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED – 2031 Bond ✔️ Coupon: 9.35% p.a. ✔️ Rating: INDIA RATING AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 5y 10m (Maturity: 08/Aug/2031) ✔️ PSU Bond | High Return | Listed A reliable PSU bond offering attractive returns with strong credit backing—perfect for conservative investors seeking stability and growth. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhb1p3PT0=/967-kerala-infrastructure-investment-fund-board-2031?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Invest in a Secure PSU Bond for Steady Growth TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED – 2031 Bond ✔️ Coupon: 9.35% p.a. ✔️ Rating: INDIA RATING AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 5y 10m (Maturity: 08/Aug/2031) ✔️ PSU Bond | High Return | Listed A reliable PSU bond offering attractive returns with strong credit backing—perfect for conservative investors seeking stability and growth. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhb1p3PT0=/967-kerala-infrastructure-investment-fund-board-2031?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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97 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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Progrowth Finwealth
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98 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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104 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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