|Min SIP Amount||Not Supported|
|NAV||₹1002.39 (20 Jun 2021)|
|Fund Started||15 Oct 2019|
|Fund Size||₹311 Cr|
Mirae Asset Overnight Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 15 Oct 2019. Mahendra Kumar Jajoo is the Current Fund Manager of Mirae Asset Overnight Fund Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹311 Cr and the Latest NAV as of 20 Jun 2021 is ₹1002.39.
The Mirae Asset Overnight Fund Direct IDCW Monthly is rated Low risk.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.