Compare Mirae Asset Overnight Fund vs Axis Overnight Fund
Mirae Asset Overnight Fund
Axis Overnight Fund
Risk
Low
Low
Rating
4.0
5.0
Min SIP Amount
₹99
₹100
Expense Ratio
0.18
0.13
NAV
₹1412.94
₹1458.33
Fund Started
15 Oct 2019
07 Mar 2019
Fund Size
₹1727.28 Cr
₹11325.08 Cr
Exit Load
-
-
1 Year
5.21%
5.28%
3 Year
6.01%
6.08%
5 Year
5.63%
5.69%
Equity
0.00%
0.00%
Cash
98.40%
3.95%
Top 10 Holdings
-
-
Name
-
-
Start Date
-
-
Description
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.
The Scheme seeks to provide reasonable returns commensurate with very low interest rate risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day.
Launch Date
15 Oct 2019
07 Mar 2019