Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Money Market Fund Direct Growth

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NAV on June 04, 2025
Category Money market:
Money Market
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 3,094 cr
Turnover Ratio 368.14%
Expense Ratio 0.09%
Exit Load -
Returns
  • 1M: 0.78%
  • 1Y: 8.41%
  • 3M: 2.55%
  • 3Y: 7.37%
  • 6M: 4.36%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Amit Modani (Since over 1 year)
ISIN INF769K01HN8
Fund Family Mirae Asset
Launch Date August 11, 2021
Benchmark Nifty Money Market TR INR
Avg. Maturity 0.77 years
Yield To Maturity (%) 6.66%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs Nifty Money Market TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 5.414
Sharpe 1.733
Std Dev 0.407
Risk Average
INVESTMENT OBJECTIVE

The investment objective of the scheme is to generate reasonable returns with low risk and provide liquidity by investing in money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Money Market Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
4797.201 8.41% 31,466 cr 0.16% Below Average
51.712 8.37% 3,277 cr 0.14% Average
4193.167 8.32% 17,772 cr 0.25% Below Average
383.123 8.30% 28,949 cr 0.21% Average
5814.436 8.30% 30,474 cr 0.23% Average
3112.830 8.29% 18,315 cr 0.14% Below Average
373.778 8.27% 26,921 cr 0.22% Low


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