Mirae Asset Money Market Fund Direct Growth

Debt
Money Market
Moderate Risk
1M
6M
1Y
All
NAV: 05 Dec 2023₹1,131.76
Min. SIP amount₹1,000
Rating2
Fund size₹92.45Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Money Market
Absolute returns
3M6M1YAll
Fund returns1.8%3.5%7.0%12.9%
Category averageNANA7.0%NA
Rank with in category31120NA
Understand terms

Holdings (17)

NameSectorInstrumentAssets
Export-Import Bank Of India
FinancialCD8.4%
Canara Bank
FinancialCD7.5%
State Bank of India
FinancialCD7.4%
ICICI Bank Ltd.
FinancialCD7.2%
Indian Bank
FinancialCD6.3%
FinancialT-Bills5.4%
Small Industries Devp. Bank of India Ltd.
FinancialCP5.3%
FinancialT-Bills5.3%
HDFC Bank Ltd.
FinancialCD5.3%
Axis Bank Ltd.
FinancialCD5.3%
See All

Pros and cons

Category: Debt Money Market

Pros

Cons

Exit load is zero
Low rating: 2
Lower expense ratio: 0.23%
1Y annualised returns higher than category average by 0.04%

Expense ratio, exit load and tax

Expense ratio: 0.23%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
26 Apr 2019
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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