Mirae Asset Money Market Fund Direct IDCW

Debt
Money Market
Low to Moderate Risk
0.56%
1M return
+0.02% 1D
1M
6M
1Y
All
NAV: 01 Dec 2022₹1,055.44
Min. SIP amountNot Supported
RatingNA
Fund size₹55.44Cr

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 returns1.4%2.6%4.5%5.6%
Category averageNANA4.1%NA
Rank with in category171811NA
Understand terms

Holdings (11)

NameSectorInstrumentAssets
Reserve Bank of IndiaFinancialT-Bills9.0%
Angel One Ltd.
FinancialCP8.9%
Reserve Bank of India
FinancialT-Bills8.9%
Reserve Bank of India
FinancialT-Bills8.9%
Reserve Bank of India
FinancialT-Bills8.9%
IIFL Wealth Prime Ltd.FinancialCP8.8%
ICICI Bank Ltd.
FinancialCD8.6%
Reserve Bank of IndiaFinancialT-Bills8.6%
Reserve Bank of India
FinancialT-Bills8.6%
Canara Bank
FinancialCD8.5%
See All

Expense ratio, exit load and tax

Expense ratio: 0.26%

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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Mahendra Kumar Jajoo
Aug 2021 - Present
View details

Education
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Also manages these schemes

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
Website
NA
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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