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

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

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NAV on May 30, 2023
Category Fixed income:
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 71 cr
Turnover Ratio 207.48%
Expense Ratio 0.30%
Exit Load -
Returns
  • 1M: 0.64%
  • 1Y: 6.07%
  • 3M: 1.92%
  • 3Y: N/A
  • 6M: 3.39%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since 5 months)
ISIN INF769K01HO6
Fund Family Mirae Asset
Launch Date August 11, 2021
Benchmark Nifty Money Market TR INR
Avg. Maturity 0.45 years
Yield To Maturity (%) 7.32%
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Money Market Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
320.387 6.85% 14,025 cr 0.21% Average
3593.502 6.80% 11,126 cr 0.24% Below Average
4986.493 6.74% 15,177 cr 0.21% Average
2668.814 6.73% 9,001 cr 0.20% Below Average
38.064 6.71% 19,089 cr Average
Top Dynamic Bond Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
26.880 6.13% 341 cr 0.26% Below Average
Best Money Market Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4102.766 6.92% 10,077 cr 0.17% Average
320.387 6.85% 14,025 cr 0.21% Average
3593.502 6.80% 11,126 cr 0.24% Below Average
4986.493 6.74% 15,177 cr 0.21% Average
2668.814 6.73% 9,001 cr 0.2% Below Average
1173.874 6.72% 261 cr 0.15% Low
46.608 6.65% 4,370 cr 0.25% Above Average


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