MJ
Mahendra JajooFund Manager Since 11 Aug 2021
Fixed IncomeMoney Market
Mirae Asset Money Market Fund Direct Growth
3Y Annualised
6.91%
0.01% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
0.64%
0.01% 1D
Benchmark
Nifty 50 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
10 years 4 months
NIFTY 50
5 years 12 months
FD
9 years 7 months
Fund info
Fund size
₹2474.19 Cr
Min. SIP amount
₹1000
Min. Lumpsum amount
₹5000
Exit load
0%
Nil
Risk Profile
Low to Moderate Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Money Market Fund Direct Plan Bonus
2.25%
2nd
ICICI Prudential Money Market Fund Retail Growth
2.21%
3rd
Edelweiss Money Market Fund Institutional Reinvestment of Income Dis cum Cptl Wdrl Opt
1.51%
4th
Nippon India Money Market Fund Bonus
0.83%
5th
Franklin India Money Market Fund Institutional Rnvstmnt of Inc Dist cum Cap Wdrl
0.80%
112nd
Mirae Asset Money Market Fund Direct Growth
0.64%
Fund Managers
About Mirae Asset Money Market Fund Direct Growth
Mirae Asset Money Market Fund Direct Growth is a Fixed Income mutual fund scheme from Mirae Asset Investment Managers (India) Private Limited. This fund has been in existence for 3 years, having been launched on 2021-08-11. Mirae Asset Money Market Fund Direct Growth has ₹2474.19 Cr worth of assets under management (AUM) as of Thu Mar 27 2025. The latest Net Asset Value (NAV) of Mirae Asset Money Market Fund Direct Growth as of Wed Mar 26 2025 is ₹1249.9597. The fund has an expense ratio of 0.09%, which is medium comparable to most other Fixed Income funds.
Mirae Asset Money Market Fund Direct Growth returns for the last 1 year are 7.93%. Since launch, it has delivered 6.34% average annual returns.
The Mirae Asset Money Market Fund Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of Mirae Asset Money Market Fund Direct Growth.
- 182 DTB 05062025: 4.98%
- Kotak Mahindra Bank Ltd.: 3.76%
- India (Republic of): 2.85%
- Axis Bank Ltd.: 2.82%
- 364 DTB 04122025: 1.93%
AMC Information
| Name | Mirae Asset Investment Managers (India) Private Limited |
|---|---|
| Founding Date | 2021-08-11 |
| customercare@miraeasset.com | |
| Phone | 022-6780 0300 |
| Website | www.miraeassetmf.co.in |
| Address | Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098 |
Tax Implications of Mirae Asset Money Market Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Mirae Asset Investment Managers (India) Private Limited
Mirae Asset Low Duration Fund - Regular Low Duration Plan Growth
Fixed IncomeLow Duration
3Y CAGR
6.28%
expense ratio
0.86%
fund size
₹1199.97 Cr
Mirae Asset Low Duration Fund Regular Plan Growth
Fixed IncomeLow Duration
3Y CAGR
6.33%
expense ratio
0.86%
fund size
₹1199.97 Cr
Mirae Asset Dynamic Bond Fund Regular Growth
Fixed IncomeDynamic Bond
3Y CAGR
5.07%
expense ratio
1.03%
fund size
₹118.15 Cr
Mirae Asset Dynamic Bond Fund Direct Growth
Fixed IncomeDynamic Bond
3Y CAGR
6.04%
expense ratio
0.16%
fund size
₹118.15 Cr
Mirae Asset Large & Midcap Fund Direct Plan Growth
EquityLarge & Mid-Cap
3Y CAGR
14.57%
expense ratio
0.63%
fund size
₹33677.94 Cr
FAQs
What is the current NAV of Mirae Asset Money Market Fund Direct Growth?
What are the average returns of Mirae Asset Money Market Fund Direct Growth?
How do I invest in Mirae Asset Money Market Fund Direct Growth?
What is the expense ratio of Mirae Asset Money Market Fund Direct Growth?
What are net assets under management (AUM) of Mirae Asset Money Market Fund Direct Growth?
What is the PE and PB ratio of Mirae Asset Money Market Fund Direct Growth?
What are the top 5 holdings of Mirae Asset Money Market Fund Direct Growth?
What are the top 3 sectors that Mirae Asset Money Market Fund Direct Growth has invested in?
Who is the manager of Mirae Asset Money Market Fund Direct Growth?
What is the exit load of Mirae Asset Money Market Fund Direct Growth?
How to Redeem Mirae Asset Money Market Fund Direct Growth?
Can I invest in SIP and a Lump Sum of Mirae Asset Money Market Fund Direct Growth?
