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

Mirae Asset Money Market Fund Direct Growth

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NAV on March 13, 2025
Category Fixed income:
Money Market
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 2,608 cr
Turnover Ratio 368.14%
Expense Ratio 0.09%
Exit Load -
Returns
  • 1M: 0.52%
  • 1Y: 7.72%
  • 3M: 1.79%
  • 3Y: 6.85%
  • 6M: 3.69%
  • 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 0.50 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 2.480
Sharpe 1.320
Std Dev 0.407
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
4685.236 7.77% 28,157 cr 0.16% Average
365.326 7.68% 26,752 cr 0.22% Average
3040.619 7.64% 18,083 cr 0.15% Below Average
4094.814 7.64% 16,856 cr 0.25% Below Average
50.482 7.63% 2,599 cr 0.14% Average
5679.109 7.62% 27,399 cr 0.23% Below Average
374.172 7.62% 25,882 cr 0.21% Average
Best Money Market Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4685.236 7.77% 28,157 cr 0.16% Average
1244.813 7.72% 2,608 cr 0.09% Low
365.326 7.68% 26,752 cr 0.22% Average
3040.619 7.64% 18,083 cr 0.15% Below Average
4094.814 7.64% 16,856 cr 0.25% Below Average
42.522 7.64% 10,853 cr 0.1% Average
50.482 7.63% 2,599 cr 0.14% Average


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