Compare Mirae Asset Overnight Fund vs Franklin India Overnight Fund
Risk
Low
Low
Rating
4.0
4.0
Min SIP Amount
₹99
₹500
Expense Ratio
0.2
0.09
NAV
₹1377.48
₹1409.44
Fund Started
15 Oct 2019
07 May 2019
Fund Size
₹708.12 Cr
₹527.07 Cr
Exit Load
-
-
1 Year
5.35%
5.43%
3 Year
6.19%
6.20%
5 Year
5.48%
5.46%
Equity
0.00%
0.00%
Cash
92.94%
92.24%
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 income along with high liquidity by investing in overnight securities having maturity of 1 business day. There can be no assurance that the investment objective of the scheme will be realized.
Launch Date
15 Oct 2019
07 May 2019