Mirae Asset Money Market Fund Direct Growth
Mirae Asset Investment Managers (India) Private Limited · Direct Plan · Growth
Fund overview
NIL
Returns & rankings
| Period | Fund Returns | Category Avg. | Rank | VS Category |
|---|---|---|---|---|
| … | ||||
Green = fund outperformed the category average for that period; red = underperformed. Periods under 1 year always show absolute (non-annualised) returns. Past performance does not guarantee future returns.
Return calculator
One-time investment
₹5,000
| Over the past | Total investment | Would've become | Returns |
|---|---|---|---|
| 1 Year | ₹5,000 | ₹5,325 | +325 |
| 3 Years | ₹5,000 | ₹6,040 | +1,040 |
| 5 Years | ₹5,000 | ₹6,850 | +1,850 |
Calculated using the fund's annualised return since inception (6.5% p.a.) as period-wise historical returns aren't available in the current feed. Actual returns fluctuate and are not guaranteed. Mutual fund investments are subject to market risks.
Holdings
52 securitiesTop 10 holdings make up 50.6% of the portfolio.
| Security | Sector | Market Cap | Weight |
|---|---|---|---|
| 364 Days Treasury Bills (MD 11/02/2027) | Govt-Sec | — | 11.98% |
| Kotak Mahindra Bank Ltd. (MD 05/03/2027) | Banks | — | 6.94% |
| National Bank for Agriculture and Rural Development (MD 17/03/2027) | Banks | — | 6.92% |
| Bajaj Auto Credit Ltd. (MD 22/02/2027) | Finance | — | 4.96% |
| Punjab National Bank (MD 04/03/2027) | Banks | — | 4.96% |
| 364 Days Treasury Bills (MD 19/02/2027) | Govt-Sec | — | 3.99% |
| National Bank for Financing Infrastructure and Development (MD 04/03/2027) | Banks | — | 3.96% |
| L&T Finance Ltd. (MD 10/06/2027) | Finance | — | 3.87% |
| HDFC Bank Ltd. (MD 24/02/2027) | Banks | — | 2.98% |
| National Bank for Agriculture and Rural Development (MD 10/03/2027) | Banks | — | 2.97% |
Portfolio Allocation
Equity / Debt / Cash
Total Value
₹2,452 Cr
Debt sector allocation
Total Value
₹2,930 Cr
Allocation By Credit Quality (Debt)
Exit load, stamp duty & tax
11-Aug-21
NIL
0.005% (from July 1st, 2020)
Taxation depends on the fund category and holding period. Consult the scheme document or a tax advisor for details.
Risk & Performance Ratios (1Y)
| Standard Deviation | 0.24% |
| Beta | 0.73 |
| Sharpe Ratio | 0.87 |
| Sortino Ratio | -- |
| Treynor Ratio | 0.00 |
| Jensen's Alpha | 1.98 |
| Information Ratio | 5.07 |
| R-Squared | 76.32% |
| Max Drawdown | 0.00% |
| Upside Capture | 160.84% |
| Downside Capture | -- |
Fund management
Scheme Details
Investment objective
The Investment Objective Of The Scheme Is To Generate Reasonable Returns With Low Risk And Provideliquidity By Investing In Money Market Instruments.
Fund house
Mirae Asset Investment Managers (India) Private Limited
Frequently asked questions
What is the NAV of Mirae Asset Money Market Fund Direct Growth?
The NAV of Mirae Asset Money Market Fund Direct Growth is ₹1387.13 as of 21 Oct 2026. NAV is updated at the end of every trading day.
How much expense ratio is charged by Mirae Asset Money Market Fund Direct Growth?
The expense ratio charged by Mirae Asset Money Market Fund Direct Growth is 0.11%.
What is the Min. SIP of Mirae Asset Money Market Fund Direct Growth?
The minimum SIP investment in Mirae Asset Money Market Fund Direct Growth is ₹99 per month.
What is the Min. Lumpsum of Mirae Asset Money Market Fund Direct Growth?
The minimum lumpsum investment in Mirae Asset Money Market Fund Direct Growth is ₹5,000.
What is the Exit Load of Mirae Asset Money Market Fund Direct Growth?
The exit load for Mirae Asset Money Market Fund Direct Growth is: NIL
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