Mirae Asset Overnight Fund Direct-IDCW Daily

  • 3 Months
  • 6 Months
  • 1 Year
  • 3 Years
  • 5 Years
  • RSI
3 Months Returns : 1.30%
NAV: ₹1,000.02 as on Thu Nov 05, 2026
Fund NAV

Fund Overview of Mirae Asset Overnight Fund Direct-IDCW Daily

  • ₹1,527.4 Cr
    AUM
  • ₹1,000.02
    NAV
  • 0.09%
    Expense Ratio
  • Debt
    Fund Category
As on Thu Nov 05, 2026
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Minimum amount you can invest: ₹500

Maximum amount you can invest: ₹1,00,000

We have used a return rate of 15% for our calculations.

The total value of your investment after 10 years will be
₹ 1,39,328.64
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Mirae Asset Overnight Fund Direct-IDCW Daily Return Comparison

Tenure Absolute(%) Annualised(%) Category Average(%)
3 Months 1.30% NA 1.35%
6 Months 2.62% NA 2.84%
1 Year 5.26% 5.26% 6.21%
2 Years 11.61% 5.65% 6.50%
3 Years 19.16% 6.02% 6.44%
5 Years 32.51% 5.79% 5.23%
7 Years 42.01% 5.14% NA
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As on Thu Nov 05, 2026

Dividend of Mirae Asset Overnight Fund Direct-IDCW Daily : 0.02%

Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision

Asset Allocation of Mirae Asset Overnight Fund Direct-IDCW Daily

debt instruments

4.34%

other assets or cash equivalents

95.66%
Top Holdings
Reverse Repo
77.24%
Reverse Repo
94.76%
Reverse Repo
95.90%
Reverse Repo
95.90%
Reverse Repo
95.90%
 
Top Sectors
Unspecified
1,663.48%
Detailed Portfolio Analysis
As on Thu Nov 05, 2026
Invest Now

About Fund

About Mirae Asset Overnight Fund Direct-IDCW Daily

Mirae Asset Overnight Fund Direct-IDCW Daily is one Debt mutual fund offered by Mirae Asset Mutual Fund. Launched on 15 Oct 2019, the fund aims Regular income over short term that may be in line with the overnight call rates. Investment in overnight securities. It manages assets worth ₹1,527.4 crore as on Wed Sep 30, 2026. The expense ratio stands at 0.09%.
The portfolio allocation consists of 4.34% in debt instruments, 95.66% in other assets or cash equivalents.Managed by Amit Modani, it has delivered a return of 5.26% in the last year, a total return since inception of 5.14%.
The latest dividend was declared on 05 Nov 2026 at 0.02% of face value.
When planning long-term investments long-term planners often compare best sip to invest depending on performance consistency.

Read more
  • Amit Modani

    Fund Manager

  • Mr. Modani is Chartered Accountant

    Manager Education

Key Metrics of Mirae Asset Overnight Fund Direct-IDCW Daily

  • Standard Deviation
    0.20%
  • Mean
    5.87%
  • Sharpe Ratio
    1.51%
  • Sortino Ratio
    3.04%

Mirae Asset Overnight Fund Direct-IDCW Daily Fund Details

Fund Names Mirae Asset Overnight Fund Direct-IDCW Daily
Inception Date 15 Oct 2019
Lock In No Lock-in
 
Risk Principal at low to moderate risk
Category Average Annual Returns 6.21
More Details
Highest NAV in last 52 weeks & Lowest NAV in last 52 weeks

Compare Mutual Funds
Mirae Asset Overnight Fund Direct-IDCW Daily Fund Returns Comparison

Compare Mirae Asset Overnight Fund Direct-IDCW Daily with other mutual funds in the same category

Mirae Asset Overnight Fund Direct-IDCW Daily

Bank Of India Overnight Fund Direct-Growth

Bank Of India Overnight Fund Direct-IDCW Daily

Compare more funds

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Top Performing Mutual Funds

Fund Names AUM (Cr) 1M 3M 1Yr 3Yr 5Yr
Bank Of India Overnight Fund Direct-Growth trend ₹67 0.47% 1.31% 5.49% 6.14% 5.90%
Bank Of India Overnight Fund Direct-IDCW Daily trend ₹67 0.47% 1.31% 5.49% 6.14% 5.90%
Bank Of India Overnight Fund Direct-IDCW Monthly trend ₹67 0.47% 1.31% 5.49% 6.14% 5.90%
Bank Of India Overnight Fund Direct-IDCW Weekly trend ₹67 0.47% 1.31% 5.49% 6.14% 5.90%
Bank Of India Overnight Fund Regular-Growth trend ₹67 0.47% 1.32% 5.46% 6.12% 5.86%
Bank Of India Overnight Fund Regular-IDCW Daily trend ₹67 0.47% 1.32% 5.46% 6.12% 5.86%
Bank Of India Overnight Fund Regular-IDCW Monthly trend ₹67 0.47% 1.32% 5.46% 6.12% 5.86%
Axis Overnight Fund Direct-Growth trend ₹15,218 0.47% 1.31% 5.29% 6.04% 5.81%
Axis Overnight Fund Direct-IDCW Daily trend ₹15,218 0.47% 1.31% 5.29% 6.04% 5.81%
Axis Overnight Fund Direct-IDCW Monthly trend ₹15,218 0.47% 1.31% 5.29% 6.04% 5.81%
View More
increase growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns

More funds from Mirae Asset Mutual Fund

Fund Names AUM (Cr) 1M 3M 6M 1Yr 3Yr
Mirae Asset Overnight Fund Direct-Growth increase ₹1,527 0.47% 1.30% 2.62% 5.26% 6.02%
Mirae Asset Overnight Fund Regular-Growth increase ₹1,527 0.46% 1.28% 2.58% 5.18% 5.93%
Mirae Asset Overnight Fund Regular-IDCW Daily increase ₹1,527 0.46% 1.28% 2.58% 5.18% 5.93%
Mirae Asset Overnight Fund Regular-IDCW Monthly increase ₹1,527 0.46% 1.28% 2.58% 5.18% 5.93%
Mirae Asset Overnight Fund Direct-IDCW Monthly increase ₹1,527 0.47% 1.30% 2.62% 5.26% 6.02%
Mirae Asset Overnight Fund Regular-IDCW Weekly increase ₹1,527 0.46% 1.28% 2.58% 5.18% 5.93%
Mirae Asset Overnight Fund Direct-IDCW Weekly increase ₹1,527 0.47% 1.30% 2.62% 5.26% 6.02%
Mirae Asset Nifty 1D Rate Liquid ETF-Growth increase ₹774 0.45% 1.25% 2.52% 5.02% -
Mirae Asset Nifty 1D Rate Liquid ETF-IDCW increase ₹450 0.44% 1.20% 2.43% 4.87% 5.64%
View More
increase growth is based on 1-month returns of the funds

Mirae Asset Overnight Fund Direct-IDCW Daily Calculator

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Top Mutual Funds

Fund Names AUM (Cr) NAV 3Yr 5Yr 10Yr
SBI Overnight Fund Regular-Growth trend ₹35,912 ₹4,453.72 5.90% 5.66% 5.26%
SBI Overnight Fund Direct-Growth trend ₹35,912 ₹4,515.54 5.97% 5.74% 5.34%
SBI Overnight Fund Direct-IDCW Daily trend ₹35,912 ₹1,401.57 5.97% 5.74% 5.34%
SBI Overnight Fund Regular-IDCW Daily trend ₹35,912 ₹1,394.90 5.90% 5.66% 5.26%
SBI Overnight Fund Regular-IDCW Weekly trend ₹35,912 ₹1,424.28 5.90% 5.66% 5.26%
SBI Overnight Fund Direct-IDCW Weekly trend ₹35,912 ₹1,431.20 5.97% 5.74% 5.34%
Axis Overnight Fund Direct-Growth trend ₹15,218 ₹1,470.40 6.04% 5.81% -
Axis Overnight Fund Regular-Growth trend ₹15,218 ₹1,464.64 6.00% 5.76% -
Axis Overnight Fund Direct-IDCW Daily trend ₹15,218 ₹1,000.51 6.04% 5.81% -
Axis Overnight Fund Regular-IDCW Daily trend ₹15,218 ₹1,000.50 6.00% 5.76% -
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Top funds are based on Fund AUM

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Mirae Asset Overnight Fund Direct-IDCW Daily Detailed Portfolio

Stocks Sector % of Holding Value
Reverse RepoUnspecified77.24%₹2,367.41 Cr
Reverse RepoUnspecified94.76%₹1,918.67 Cr
Reverse RepoUnspecified95.90%₹1,656.42 Cr
Reverse RepoUnspecified95.90%₹1,656.42 Cr
Reverse RepoUnspecified95.90%₹1,656.42 Cr
Reverse RepoUnspecified95.90%₹1,656.42 Cr
Reverse RepoUnspecified95.90%₹1,656.42 Cr
Reverse RepoUnspecified95.90%₹1,656.42 Cr
Reverse RepoUnspecified97.73%₹1,327.72 Cr
Reverse RepoUnspecified94.54%₹1,313.42 Cr
Reverse RepoUnspecified84.68%₹1,295.93 Cr
Reverse RepoUnspecified87.95%₹1,260.43 Cr
Reverse RepoUnspecified87.95%₹1,260.43 Cr
Reverse RepoUnspecified87.30%₹1,101.36 Cr
Reverse RepoUnspecified64.00%₹1,005.05 Cr
Reverse RepoUnspecified64.00%₹1,005.05 Cr
Reverse RepoUnspecified59.05%₹901.95 Cr
Reverse RepoUnspecified59.05%₹901.95 Cr
Reverse RepoUnspecified59.05%₹901.95 Cr
Reverse RepoUnspecified70.79%₹799.62 Cr
View More

Top Debt Funds

Fund Names NAV 3Yr 5Yr 52 weeks high
Bank Of India Overnight Fund Direct-Growth increase ₹1,413.18 6.14% 5.90% -
Bank Of India Overnight Fund Direct-IDCW Daily increase ₹1,000.00 6.14% 5.90% -
Bank Of India Overnight Fund Direct-IDCW Monthly increase ₹1,001.56 6.14% 5.90% -
Bank Of India Overnight Fund Direct-IDCW Weekly increase ₹1,000.46 6.14% 5.90% -
Bank Of India Overnight Fund Regular-Growth increase ₹1,408.89 6.12% 5.86% -
Bank Of India Overnight Fund Regular-IDCW Daily increase ₹1,000.00 6.12% 5.86% -
Bank Of India Overnight Fund Regular-IDCW Monthly increase ₹1,001.54 6.12% 5.86% -
Axis Overnight Fund Direct-Growth increase ₹1,470.40 6.04% 5.81% -
Axis Overnight Fund Direct-IDCW Daily increase ₹1,000.51 6.04% 5.81% -
Axis Overnight Fund Direct-IDCW Monthly increase ₹1,002.38 6.04% 5.81% -
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increase growth is based on 5Y returns of the funds

Frequently Asked Questions

Mirae Asset Overnight Fund Direct-IDCW Daily

What is the current AUM of Mirae Asset Overnight Fund Direct-IDCW Daily?

As of Wed Sep 30, 2026, Mirae Asset Overnight Fund Direct-IDCW Daily manages assets worth ₹1,527.4 crore

How has Mirae Asset Overnight Fund Direct-IDCW Daily performed recently?

  • 3 Months: 1.30%
  • 6 Months: 2.62%

What is the long-term performance of Mirae Asset Overnight Fund Direct-IDCW Daily?

  • 3 Years CAGR: 6.02%
  • 5 Years CAGR: 5.79%
  • Since Inception: 5.14%

What is the portfolio composition of Mirae Asset Overnight Fund Direct-IDCW Daily?

Debt: 4.34%, Others: 95.66%.

Who manages Mirae Asset Overnight Fund Direct-IDCW Daily?

Mirae Asset Overnight Fund Direct-IDCW Daily is managed by Amit Modani from Mirae Asset Mutual Fund.

When was the last dividend declared by Mirae Asset Overnight Fund Direct-IDCW Daily?

Latest dividend was declared on 05 Nov 2026 at 0.02% of face value.

Which are the top companies Mirae Asset Overnight Fund Direct-IDCW Daily has invested in?

  • Reverse Repo – 77.24% of the fund's portfolio
  • Reverse Repo – 94.76% of the fund's portfolio
  • Reverse Repo – 95.90% of the fund's portfolio
  • Reverse Repo – 95.90% of the fund's portfolio
  • Reverse Repo – 95.90% of the fund's portfolio

Which are the major sectors Mirae Asset Overnight Fund Direct-IDCW Daily focuses on?

  • Unspecified – 1,663.48% of the fund's portfolio
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