• 1 Year Returns: 0.01%
• 3 Year Returns: -0.02%
• 5 Year Returns: -0.00%

• Others | 94.31%
• Investment Banking & Brokerage | 4.94%
• Miscellaneous | 0.75%

• 5.37% Reverse Repo | 94.76%
• Kotak Securities Ltd. (MD 01/06/2026) | 4.94%
• TREPS | 0.75%
• 91 Days Treasury Bills (MD 19/03/2026) | N/A%
• 5.05% Reverse Repo | N/A%

• Cash & Equivalents | 95.06%
• Commercial Paper | 4.94%

The alpha ratio for the Mirae Asset Overnight Fund(W-IDCW) is -0.06

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Mirae Asset Overnight Fund(W-IDCW) is 0.01

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Mirae Asset Overnight Fund(W-IDCW) is -61.50

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Mirae Asset Overnight Fund(W-IDCW) is -0.52

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.