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Mirae Asset Money Market Fund Direct Growth
Debt
Money Market
Low to Moderate Risk
+7.48%
3Y annualised
+0.04% 1D
NAV: 09 Feb '26
₹1,327.18
Min. SIP amount
₹99
Fund size
₹3,393.39 Cr
Expense ratio
0.08%
Return calculator
Monthly SIP
One time
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,064 | +0.43% | |
| 1 year | ₹60,000 | ₹61,706 | +2.84% | |
| 3 years | ₹1,80,000 | ₹2,00,012 | +11.12% |
Holdings (52)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Union Bank of India | Financial | CD | 5.76% |
| Reserve Bank of India | Financial | T-Bills | 5.72% |
| ICICI Securities Ltd. | Financial | CP | 5.11% |
| Canara Bank | Financial | CD | 5.04% |
| State Bank of India | Financial | CD | 4.38% |
| Axis Bank Ltd. | Financial | CD | 4.31% |
| Torrent Pharmaceuticals Ltd. | Healthcare | CP | 4.15% |
| Reserve Bank of India | Financial | T-Bills | 3.66% |
| Reserve Bank of India | Financial | T-Bills | 2.93% |
| Bank Of Baroda | Financial | CD | 2.89% |
| HDFC Bank Ltd. | Financial | CD | 2.87% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 2.16% |
| Union Bank of India | Financial | CD | 2.15% |
| HDFC Bank Ltd. | Financial | CD | 2.12% |
| 360 ONE Wealth Ltd. | Financial | CP | 1.47% |
| Muthoot Finance Ltd. | Financial | CP | 1.46% |
| HDB Financial Services Ltd. | Financial | CP | 1.46% |
| ICICI Securities Ltd. | Financial | CP | 1.46% |
| Reserve Bank of India | Financial | T-Bills | 1.46% |
| Tata Capital Ltd. | Financial | CP | 1.46% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | CP | 1.46% |
| Tata Motors Finance Ltd. | Financial | CP | 1.46% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.46% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.46% |
| Indian Bank | Financial | CD | 1.45% |
| Indian Bank | Financial | CD | 1.45% |
| Kotak Mahindra Investments Ltd. | Financial | Money Mkt | 1.44% |
| Union Bank of India | Financial | CD | 1.44% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.44% |
| Export-Import Bank Of India | Financial | CP | 1.44% |
| Canara Bank | Financial | CD | 1.44% |
| Bank Of Baroda | Financial | CD | 1.44% |
| Export-Import Bank Of India | Financial | CD | 1.44% |
| Canara Bank | Financial | CD | 1.44% |
| Punjab National Bank | Financial | CD | 1.44% |
| Canara Bank | Financial | CD | 1.44% |
| Bank Of Baroda | Financial | CD | 1.41% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.40% |
| Axis Bank Ltd. | Financial | CD | 1.39% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | CP | 1.38% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.73% |
| HDFC Bank Ltd. | Financial | CD | 0.73% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.73% |
| Reserve Bank of India | Financial | T-Bills | 0.73% |
| Bank Of Baroda | Financial | CD | 0.72% |
| HDFC Bank Ltd. | Financial | CD | 0.72% |
| Axis Finance Ltd. | Financial | Money Mkt | 0.72% |
| Export-Import Bank Of India | Financial | CD | 0.72% |
| ICICI Securities Ltd. | Financial | CP | 0.72% |
| Bank Of Baroda | Financial | CD | 0.72% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.72% |
| Indian Bank | Financial | CD | 0.70% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99
Returns and rankings
Annualised returns
Absolute returns
| Name | 6M | 1Y | 3Y | All |
|---|---|---|---|---|
| Fund returns | +2.9% | +7.3% | +7.5% | +6.5% |
| Category average (Debt Money Market) | +2.9% | +7.2% | +7.2% | -- |
| Rank (Debt Money Market) | -- | 11 | 12 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Tata Money Market Fund Direct Growth | +7.36% | +7.69% | 33,557.62 | |
Axis Money Market Fund Direct Growth | +7.34% | +7.61% | 22,669.60 | |
Bandhan Money Market Fund Direct Growth | +7.35% | +7.57% | 15,693.51 | |
Franklin India Money Market Fund Direct Growth | +7.37% | +7.57% | 3,898.47 | |
Union Money Market Fund Direct Growth | +7.08% | +7.22% | 155.33 | |
| Compare | ||||
Fund management
PKPranavi KulkarniFeb 2026 - PresentView details
PK
Pranavi Kulkarni
Feb 2026 - Present
View details
About Mirae Asset Money Market Fund Direct Growth
Mirae Asset Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Pranavi Kulkarni is the Current Fund Manager of Mirae Asset Money Market Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,28,206 Cr and the Latest NAV as of 09 Feb 2026 is ₹1,327.18.
The Mirae Asset Money Market Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000.
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Investment Objective
The scheme seeks to generate reasonable returns with low risk and provide liquidity by investing in money market instruments.
Fund benchmarkNIFTY Money Market Index A-I
Fund house
Rank (total assets)#13 in India
Total AUM₹2,28,206.30 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,