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

Mirae Asset Money Market Fund Direct Payout Inc Dist cum Cap Wdrl

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NAV on July 16, 2024
Category Fixed income:
Money Market
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 142 cr
Turnover Ratio 295.62%
Expense Ratio 0.23%
Exit Load -
Returns
  • 1M: 0.70%
  • 1Y: 7.62%
  • 3M: 1.80%
  • 3Y: N/A
  • 6M: 3.89%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Amit Modani (Since 10 months)
ISIN INF769K01HM0
Fund Family Mirae Asset
Launch Date August 11, 2021
Benchmark Nifty Money Market TR INR
Avg. Maturity 0.66 years
Yield To Maturity (%) 7.62%
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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Money Market Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
4465.696 7.85% 21,693 cr 0.15% Average
348.387 7.75% 24,510 cr 0.21% Average
3906.523 7.73% 16,110 cr 0.24% Below Average
2900.421 7.67% 14,308 cr 0.19% Low
5417.675 7.65% 23,661 cr 0.23% Below Average
41.343 7.63% 28,371 cr 0.25% Below Average
48.147 7.62% 1,467 cr 0.13% Average
Best Money Market Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4465.696 7.85% 21,693 cr 0.15% Average
348.387 7.75% 24,510 cr 0.21% Average
3906.523 7.73% 16,110 cr 0.24% Below Average
2900.421 7.67% 14,308 cr 0.19% Low
4213.670 7.67% 21,765 cr 0.23% Below Average
1186.289 7.66% 142 cr 0.23% -
5417.675 7.65% 23,661 cr 0.23% Below Average


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