Mirae Asset Overnight Fund
Ticker: mf13032
Decent
70/100
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Business Overview
The Mirae Asset Overnight Fund is a highly liquid debt mutual fund designed for investors seeking a safe and short-term investment option. Ideal for conservative investors or those looking to park their funds temporarily, this fund invests primarily in overnight securities, ensuring minimal risk and quick access to funds. It serves as an excellent choice for managing liquidity while earning better returns than traditional savings accounts. With a focus on capital preservation and stable returns, this fund is a reliable option for prudent investors.
- Highly liquid investment option
- Ideal for conservative investors
- Focus on capital preservation
- Invests in overnight securities
- Quick access to funds
- Better returns than savings accounts
Investment Thesis
Mirae Asset Overnight Fund stands out due to its credible promoter group, robust digital services growth potential, and attractive valuations compared to peers. This combination positions it as a compelling investment opportunity for retail investors seeking stability and growth in their portfolios.
- Strong backing from a reputable promoter group enhances trust and stability.
- Growing digital services sector provides significant growth opportunities.
- Attractive valuation metrics compared to industry peers indicate potential for upside.
- Focus on liquidity and safety makes it ideal for conservative investors.
- Consistent performance track record reinforces investor confidence.
Opportunity vs Risk
Opportunities
- Stable returns in volatile markets
- Diversification for investment portfolio
- Low expense ratio benefits
- Access to professional management
Risks ⚠️
- Market fluctuations impact returns
- Interest rate changes affect performance
- Liquidity risk in redemption
- Limited growth potential compared to equities
Peer Perspective
Mirae Asset Overnight Fund trades at a slight premium compared to peers like HDFC Overnight Fund and ICICI Overnight Fund. A sustained improvement in yield stability could trigger a positive rerating.
📊 Stock Investment Checklist (100 Points)
Mirae Asset Overnight Fund • Updated: 2025-09-29 14:06:58
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10BusinessHighThe fund operates in a stable sector with a clear investment model.
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10GrowthHighConsistent revenue growth observed in the fund's performance.
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10ProfitabilityHighStrong OCF compared to net profit, indicating good cash management.
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10ValuationHighValuation metrics are reasonable compared to peers.
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8BalanceHighStrong liquidity position with low debt levels.
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7GovernanceHighGood promoter holding with transparent disclosures.
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5DriversGoodLimited growth drivers identified, but manageable risks.
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3TechnicalsLowMarket sentiment is neutral with moderate liquidity.
Final Score & Verdict
Score 70 / 100
• Decent
The Mirae Asset Overnight Fund shows decent potential with stable growth and profitability metrics, but faces challenges in growth drivers and market sentiment.