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Mirae Asset Money Market Fund Direct Growth
+7.45%
3Y annualised
-0.01% 1D
NAV: 20 Mar '26
₹1,334.62
Min. for SIP
₹99
Fund size
₹3,769.16 Cr
Expense ratio
0.08%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,069 | +0.46% | |
| 6 months | ₹30,000 | ₹30,347 | +1.16% | |
| 1 year | ₹60,000 | ₹61,656 | +2.76% | |
| 3 years | ₹1,80,000 | ₹1,99,836 | +11.02% |
Holdings (53)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 5.17% |
| Canara Bank | Financial | CD | 4.56% |
| Axis Bank Ltd. | Financial | CD | 3.90% |
| Torrent Pharmaceuticals Ltd. | Healthcare | CP | 3.76% |
| HDFC Bank Ltd. | Financial | CD | 3.73% |
| Reserve Bank of India | Financial | T-Bills | 3.31% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 3.10% |
| Reserve Bank of India | Financial | T-Bills | 2.65% |
| ICICI Securities Ltd. | Financial | CP | 2.65% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 2.51% |
| ICICI Bank Ltd. | Financial | CD | 2.49% |
| Bank Of Baroda | Financial | CD | 2.49% |
| Bajaj Housing Finance Ltd. | Financial | CP | 2.48% |
| Union Bank of India | Financial | CD | 2.22% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.95% |
| Union Bank of India | Financial | CD | 1.95% |
| HDFC Bank Ltd. | Financial | CD | 1.92% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.87% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.86% |
| Reserve Bank of India | Financial | T-Bills | 1.32% |
| Indian Bank | Financial | CD | 1.31% |
| Kotak Mahindra Investments Ltd. | Financial | Money Mkt | 1.31% |
| Export-Import Bank Of India | Financial | CP | 1.31% |
| Canara Bank | Financial | CD | 1.31% |
| Export-Import Bank Of India | Financial | CD | 1.30% |
| Canara Bank | Financial | CD | 1.30% |
| Punjab National Bank | Financial | CD | 1.30% |
| HDFC Bank Ltd. | Financial | CD | 1.30% |
| Canara Bank | Financial | CD | 1.30% |
| Bank Of Baroda | Financial | CD | 1.28% |
| Axis Bank Ltd. | Financial | CD | 1.26% |
| Bank Of Baroda | Financial | CD | 1.26% |
| HDFC Bank Ltd. | Financial | CD | 1.26% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | CP | 1.26% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.25% |
| Indian Bank | Financial | CD | 1.25% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.25% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.24% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.24% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.24% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | CP | 1.24% |
| Muthoot Finance Ltd. | Financial | CP | 1.24% |
| Axis Finance Ltd. | Financial | Money Mkt | 0.65% |
| ICICI Securities Ltd. | Financial | CP | 0.65% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.65% |
| Bank Of Baroda | Financial | CD | 0.65% |
| Union Bank of India | Financial | CD | 0.62% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.62% |
| Bank Of Baroda | Financial | CD | 0.62% |
| Bank Of Baroda | Financial | CD | 0.62% |
| Bank Of Baroda | Financial | CD | 0.62% |
| Punjab National Bank | Financial | CD | 0.62% |
| Reserve Bank of India | Financial | T-Bills | 0.53% |
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 | +2.8% | +7.0% | +7.5% | +6.5% |
| Category average (Debt Money Market) | +2.9% | +7.2% | +7.2% | -- |
| Rank (Debt Money Market) | -- | 15 | 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 | +7.18% | +7.63% | 36,819.05 | |
Bandhan Money Market Fund Direct Growth | +7.16% | +7.51% | 14,805.35 | |
ICICI Prudential Money Market Direct Growth | +7.10% | +7.50% | 35,305.07 | |
Franklin India Money Market Fund Direct Growth | +7.12% | +7.49% | 4,351.86 | |
Union Money Market Fund Direct Growth | +6.94% | +7.18% | 399.30 | |
| 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 ₹2,24,201 Cr and the Latest NAV as of 20 Mar 2026 is ₹1,334.62.
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₹2,24,201.22 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,