FAQ : Mirae Asset Overnight Fund - Regular Plan - Growth

Mirae Asset Overnight Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 6.7 5.01 N/A N/A
Average Rolling Returns(%) 4.67 4.37 N/A N/A

The Current NAV of Mirae Asset Overnight Fund - Regular Plan - Growth is ₹1221.52.

It is better to invest in a fund with a longer track record as Mirae Asset Overnight Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty 1D Rate Index returns, as Funds portfolio is significantly different.

Mirae Asset Overnight Fund - Regular Plan - Growth fund’s expense ratio is 0.17%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Overnight Fund - Regular Plan - Growth is currently ₹1,372 Crores.

The Top three stocks are , and and account for 0% of its portfolio. Top 5 and 10 stocks of fund account for 0% and 0% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Overnight Fund - Regular Plan - Growth fund are Miscellaneous, and accounting for 100% of the total portfolio.

Since this is a Debt - Overnight Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset Overnight Fund - Regular Plan - Growth Fund is Debt - Overnight Fund.

Abhishek Iyer manages the Mirae Asset Overnight Fund - Regular Plan - Growth Fund.

Mirae Asset Overnight Fund - Regular Plan - Growth current PE ratio is and PB ratio is

The asset allocation of Mirae Asset Overnight Fund - Regular Plan - Growth is Stocks : 0%, Debt : 100% and Gold : 0%

The minimum SIP amount for Mirae Asset Overnight Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Overnight Fund - Regular Plan - Growth is Nil

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.