MI
Mirae Asset Money Market Fund Direct Growth
Latest NAV
+6.46% 1Y
Sign In to Add to Portfolio
Benchmark: NIFTY Money Market Index A-I
Expense ratio
0.11%
AUM
₹3,414 Cr
Min SIP
₹99
Min lump sum
₹5,000
1Y
+6.46%
3Y (ann.)
+7.42%
5Y (ann.)
+6.63%
Launched
Aug 2021
Where the NAV sits & how risky it is
₹1,386.29
52-week range
at 100%
₹1,386.29
Low 06 Oct 2025₹1,302.48
High 01 Oct 2026₹1,385.19
Risk level
Moderately Low
Low
Very high
NAV history
12 Aug 2021
Since inception
05 Oct 2026
Returns by period
1W
+0.14%
1M
+0.52%
3M
+1.59%
6M
+3.65%
1Y
+6.46%
3Y
+7.42%
5Y
+6.63%
3Y and 5Y returns are annualised.
Return calculator
You invest
—
Est. gain
—
Est. value
—
Invested Gain
Invested
Projected value
min SIP ₹99
Estimate only. It assumes the selected past return repeats every year; 3Y and 5Y figures are taken as annualised. Actual returns vary and are not guaranteed.
Where your money goes
Sector allocation is published for schemes that buy shares directly. This is a debt scheme.
About this scheme
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.
Fund manager(s): Pranavi Kulkarni
Exit load: No charges for withdrawal
Scheme snapshot
VR Rating
MS Rating
Plan
Growth
Type
DIRECT
Inception
11 Aug 2021
Lump-sum min
₹5,000
SIP
Purchase
Switch
STP
SWP
Similar schemes
RANKED BY 1Y RETURN
Bank of India Credit Risk Fund Direct Growth
1▲ 10.7 pts ahead of this fund
Aditya Birla Sun Life Credit Risk Fund Direct Growth
2▲ 5.5 pts ahead of this fund
DSP Credit Risk Fund Direct Growth
3▲ 4.4 pts ahead of this fund
Jm Dynamic Term Fund Direct Plan Half Yearly Bonus Option Principal Units
4▲ 2.7 pts ahead of this fund
Aditya Birla Sun Life Medium Term Fund Direct Growth
5▲ 2.0 pts ahead of this fund
Baroda BNP Paribas Banking & PSU Bond Fund Direct Growth
6▲ 1.8 pts ahead of this fund