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Mirae Asset Money Market Fund Direct Growth
Debt
Money Market
Low to Moderate Risk
+7.47%
3Y annualised
0.00% 1D
NAV: 16 Jan '26
₹1,321.82
Min. SIP amount
₹99
Fund size
₹3,024.56 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 |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹61,748 | +2.91% | |
| 3 years | ₹1,80,000 | ₹2,00,149 | +11.19% |
Holdings (47)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 6.39% |
| National Bank For Agriculture & Rural Development | Financial | CD | 5.72% |
| Canara Bank | Financial | CD | 5.64% |
| Axis Bank Ltd. | Financial | CD | 4.82% |
| Reserve Bank of India | Financial | T-Bills | 4.09% |
| Axis Bank Ltd. | Financial | CD | 3.90% |
| Reserve Bank of India | Financial | T-Bills | 3.27% |
| Bank Of Baroda | Financial | CD | 3.23% |
| Indian Bank | Financial | CD | 3.14% |
| Bank Of Baroda | Financial | CD | 3.12% |
| ICICI Securities Ltd. | Financial | CP | 2.46% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 2.41% |
| Union Bank of India | Financial | CD | 2.41% |
| HDFC Bank Ltd. | Financial | CD | 2.37% |
| HDFC Bank Ltd. | Financial | CD | 2.33% |
| 360 ONE Wealth Ltd. | Financial | CP | 1.64% |
| HDB Financial Services Ltd. | Financial | CP | 1.64% |
| ICICI Securities Ltd. | Financial | CP | 1.64% |
| Muthoot Finance Ltd. | Financial | CP | 1.64% |
| HDFC Bank Ltd. | Financial | CD | 1.63% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.63% |
| Reserve Bank of India | Financial | T-Bills | 1.63% |
| Tata Capital Ltd. | Financial | CP | 1.63% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | CP | 1.63% |
| Tata Motors Finance Ltd. | Financial | CP | 1.63% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.63% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.63% |
| Indian Bank | Financial | CD | 1.62% |
| Indian Bank | Financial | CD | 1.62% |
| Union Bank of India | Financial | CD | 1.62% |
| Kotak Mahindra Investments Ltd. | Financial | Money Mkt | 1.62% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.61% |
| Canara Bank | Financial | CD | 1.61% |
| Export-Import Bank Of India | Financial | CD | 1.61% |
| Canara Bank | Financial | CD | 1.61% |
| HDFC Bank Ltd. | Financial | CD | 1.60% |
| Bank Of Baroda | Financial | CD | 1.58% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.57% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.57% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | CP | 1.55% |
| Julius Baer Capital India Pvt Ltd. | Financial | CP | 0.82% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.82% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.82% |
| HDFC Bank Ltd. | Financial | CD | 0.81% |
| Axis Finance Ltd. | Financial | Money Mkt | 0.81% |
| ICICI Securities Ltd. | Financial | CP | 0.81% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.80% |
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% | +7.4% | +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 | +7.48% | +7.70% | 35,599.90 | |
Axis Money Market Fund Direct Growth | +7.44% | +7.62% | 20,781.21 | |
Bandhan Money Market Fund Direct Growth | +7.46% | +7.57% | 12,313.03 | |
Union Money Market Fund Direct Growth | +7.16% | +7.22% | 119.68 | |
Bajaj Finserv Money Market Fund Direct Growth | +7.42% | -- | 4,196.35 | |
| Compare | ||||
Fund management
BBBasant BafnaDec 2025 - PresentView details
BB
Basant Bafna
Dec 2025 - 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. Basant Bafna 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 16 Jan 2026 is ₹1,321.82.
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,