Mirae Asset Overnight Fund
Mirae Asset Overnight Fund is a overnight fund of Mirae Asset Investment Managers (India) Pvt. Ltd with ₹1,694 cr under management. It is ahead of its benchmark (Nifty 1D Rate Index) in 1 of 3 periods. Its direct plan charges 0.09% a year. Pranavi Kulkarni has managed it for 0.2 years.
What is Mirae Asset Overnight Fund invested in?
5% in debt, 0% in shares and 95% in cash, as of 30 Sep 2026.
Has Mirae Asset Overnight Fund beaten its benchmark?
Ahead of its benchmark, Nifty 1D Rate Index, in 1 of 3 periods in AMFI's figures; +5.25% over the last year against +5.23%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | +0.42% | −3.60% | — |
| 3 months | +1.26% | −5.03% | — |
| 6 months | +2.56% | −1.83% | — |
| 1 year | +5.25% | −4.06% | +9.31 pts |
| 3 years | +6.05% | +9.27% | −3.22 pts |
| 5 years | +5.77% | +8.00% | −2.23 pts |
| 10 years | — | +12.69% | — |
| Since start from 16 Oct 2019 | +5.13% | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | +5.25% | +5.17% | +5.23% | +0.02 | 🔒 |
| 3y | +6.04% | +5.95% | +6.04% | −0.00 | 🔒 |
| 5y | +5.76% | +5.67% | +5.77% | −0.01 | 🔒 |
| 10y | — | — | — | — | — |
Value of 100, month-end
Oct 2019 to 14 Oct 2026₹100 put in at the start of Oct 2019 would be ₹142 on 14 Oct 2026, against ₹244 in the Nifty 500 TRI.
What does Mirae Asset Overnight Fund cost?
0.09% a year on the direct plan, 0.18% on the regular plan; 8 of 40 funds in its category charge less.
Who manages Mirae Asset Overnight Fund?
Pranavi Kulkarni, since 14 Aug 2026.
Questions people ask
Who manages Mirae Asset Overnight Fund?
Pranavi Kulkarni (Primary) since 14 Aug 2026.
What is the expense ratio of Mirae Asset Overnight Fund?
0.09% a year on the direct plan and 0.18% on the regular plan (expense report, Oct 2026).
How has Mirae Asset Overnight Fund done?
Its direct plan returned +6.04% a year over 3 years against +6.04% for its benchmark, Nifty 1D Rate Index, as of 13 Oct 2026.
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