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

Mirae Asset Money Market Fund Direct Growth

Add To Compare

NAV on May 24, 2024
Category Fixed income:
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 146 cr
Turnover Ratio 295.62%
Expense Ratio 0.21%
Exit Load -
Returns
  • 1M: 0.57%
  • 1Y: 7.52%
  • 3M: 1.99%
  • 3Y: N/A
  • 6M: 3.89%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Amit Modani (Since 8 months)
ISIN INF769K01HN8
Fund Family Mirae Asset
Launch Date August 11, 2021
Benchmark Nifty Money Market TR INR
Avg. Maturity 0.67 years
Yield To Maturity (%) 7.54%
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 -
Sharpe -
Std Dev -
Risk -
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
4416.329 7.75% 17,568 cr 0.15% Average
344.572 7.66% 23,852 cr 0.21% Average
3863.580 7.63% 16,046 cr 0.24% Below Average
2868.790 7.60% 14,515 cr 0.19% Below Average
5358.515 7.56% 22,330 cr 0.23% Below Average
40.890 7.53% 23,791 cr 0.25% Below Average
47.623 7.53% 1,511 cr 0.13% Average
Best Money Market Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4167.993 7.57% 19,601 cr 0.24% Below Average
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
1173.312 7.52% 146 cr 0.21% -


Other plans of Mirae Asset Money Market Fund


Other Debt funds by Mirae Asset