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

Mirae Asset Money Market Fund Direct Growth

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1216.371 (0.022%)
NAV on November 14, 2024
Category Fixed income:
Money Market
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,201 cr
Turnover Ratio 368.14%
Expense Ratio 0.11%
Exit Load -
Returns
  • 1M: 0.63%
  • 1Y: 7.93%
  • 3M: 1.95%
  • 3Y: 6.45%
  • 6M: 3.88%
  • 5Y: N/A
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Amit Modani (Since about 1 year)
ISIN INF769K01HN8
Fund Family Mirae Asset
Launch Date August 11, 2021
Benchmark Nifty Money Market TR INR
Avg. Maturity 0.39 years
Yield To Maturity (%) 7.34%
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 2.242
Sharpe 1.189
Std Dev 0.474
Risk Low
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
Tata
Tata Money Market Fund Direct Plan Growth
4577.547 8.02% 26,783 cr 0.15% Average
Birla new
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth
357.028 7.92% 26,348 cr 0.22% Average
Reliance
Nippon India Money Market Fund Direct Plan Growth Option
4002.946 7.90% 19,187 cr 0.26% Below Average
Icici
ICICI Prudential Money Market Fund Direct Plan Growth
365.777 7.84% 27,974 cr 0.21% Below Average
Uti
UTI Money Market Fund - Direct Plan - Growth Option
2972.050 7.84% 16,113 cr 0.15% Below Average
Hdfc
HDFC Money Market Direct Plan Growth Option
5550.910 7.84% 27,987 cr 0.23% Below Average
Sbi
SBI Savings Fund Direct Plan Growth
42.357 7.82% 28,437 cr 0.25% Below Average
Best Money Market Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Tata
Tata Money Market Fund Direct Plan Growth
4577.547 8.02% 26,783 cr 0.15% Average
Mirae
Mirae Asset Money Market Fund Direct Growth
1216.371 7.93% 1,201 cr 0.11% Low
Birla new
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth
357.028 7.92% 26,348 cr 0.22% Average
Reliance
Nippon India Money Market Fund Direct Plan Growth Option
4002.946 7.90% 19,187 cr 0.26% Below Average
Kotak
Kotak Money Market Direct Growth
4317.450 7.86% 29,488 cr 0.23% Below Average
Icici
ICICI Prudential Money Market Fund Direct Plan Growth
365.777 7.84% 27,974 cr 0.21% Below Average
Uti
UTI Money Market Fund - Direct Plan - Growth Option
2972.050 7.84% 16,113 cr 0.15% Below Average


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