How to Invest in Mirae Asset Money Market Fund IDCW?

You can easily invest in Mirae Asset Money Market Fund IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mirae Asset Money Market Fund IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mirae Asset Money Market Fund IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mirae Asset Money Market Fund IDCW provide?

The Mirae Asset Money Market Fund IDCW has been there from 11 Aug 2021 and the average annual returns provided by this fund is 7.65% since its inception.

How much expense ratio is charged by Mirae Asset Money Market Fund IDCW?

The term Expense Ratio used for Mirae Asset Money Market Fund IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mirae Asset Money Market Fund IDCW is 0.41% as of 21 Sep 2025...

What is the AUM of Mirae Asset Money Market Fund IDCW?

The AUM, short for Assets Under Management of Mirae Asset Money Market Fund IDCW is ₹3,839.23Cr as of 21 Sep 2025.

How to Redeem Mirae Asset Money Market Fund IDCW?

If you want to sell your Mirae Asset Money Market Fund IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mirae Asset Money Market Fund IDCW?

You can select either SIP or Lumpsum investment of Mirae Asset Money Market Fund IDCW based on your investment objective and risk tolerance.

What is the NAV of Mirae Asset Money Market Fund IDCW?

The NAV of Mirae Asset Money Market Fund IDCW is ₹1,279.19 as of 19 Sep 2025.

What is the PE and PB ratio of Mirae Asset Money Market Fund IDCW?

The PE ratio ratio of Mirae Asset Money Market Fund IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Name	Sector	Instrument	Assets
Reserve Bank of India	Financial	T-Bills	4.94%
Punjab National Bank	Financial	CD	4.41%
Small Industries Devp. Bank of India Ltd.	Financial	CD	3.79%
Axis Bank Ltd.	Financial	CD	3.79%
Export-Import Bank Of India	Financial	CD	3.78%
Reserve Bank of India	Financial	T-Bills	3.16%
Export-Import Bank Of India	Financial	CD	3.16%
Indian Bank	Financial	CD	3.15%
Kotak Mahindra Bank Ltd.	Financial	CD	3.15%
HDFC Bank Ltd.	Financial	CD	3.15%
Bank Of Baroda	Financial	CD	3.15%
Canara Bank	Financial	CD	2.56%
Union Bank of India	Financial	CD	2.56%
SBI Cards And Payment Services Ltd.	Financial	CP	2.56%
Reserve Bank of India	Financial	T-Bills	1.95%
Union Bank of India	Financial	CD	1.92%
Bank Of Baroda	Financial	CD	1.92%
Small Industries Devp. Bank of India Ltd.	Financial	CD	1.90%
Bank Of Baroda	Financial	CD	1.89%
National Bank For Agriculture & Rural Development	Financial	CD	1.89%
Canara Bank	Financial	CD	1.89%
Kotak Mahindra Bank Ltd.	Financial	CD	1.89%
HDFC Bank Ltd.	Financial	CD	1.67%
Reserve Bank of India	Financial	T-Bills	1.28%
Indian Bank	Financial	CD	1.28%
Punjab National Bank	Financial	CD	1.28%
Axis Bank Ltd.	Financial	CD	1.28%
Union Bank of India	Financial	CD	1.27%
HDFC Bank Ltd.	Financial	CD	1.27%
Sundaram Finance Ltd.	Financial	CP	1.26%
Canara Bank	Financial	CD	1.26%
National Bank For Agriculture & Rural Development	Financial	CD	1.26%
HDB Financial Services Ltd.	Financial	CP	1.26%
ICICI Securities Ltd.	Financial	CP	1.26%
360 ONE Wealth Ltd.	Financial	CP	1.26%
Muthoot Finance Ltd.	Financial	CP	1.26%
Tata Capital Ltd.	Financial	CP	1.26%
National Bank For Agriculture & Rural Development	Financial	CD	1.26%
Tata Motors Finance Ltd.	Financial	CP	1.26%
Cholamandalam Investment and Finance Company Ltd.	Financial	CP	1.26%
Indian Bank	Financial	CD	1.25%
HDFC Bank Ltd.	Financial	CD	1.25%
Kotak Mahindra Investments Ltd.	Financial	Money Mkt	1.25%
Union Bank of India	Financial	CD	1.24%
Reserve Bank of India	Financial	T-Bills	0.76%
Reserve Bank of India	Financial	T-Bills	0.64%
Muthoot Finance Ltd.	Financial	CP	0.64%
Muthoot Finance Ltd.	Financial	CP	0.64%
Julius Baer Capital India Pvt Ltd.	Financial	CP	0.64%
Birla Group Holdings Pvt. Ltd.	Financial	CP	0.63%
Canara Bank	Financial	CD	0.63%
Small Industries Devp. Bank of India Ltd.	Financial	CD	0.63%
Axis Finance Ltd.	Financial	Money Mkt	0.62%
ICICI Securities Ltd.	Financial	CP	0.62%
Birla Group Holdings Pvt. Ltd.	Financial	CP	0.62%
National Bank For Agriculture & Rural Development	Financial	CD	0.38%
Canara Bank	Financial	CD	0.20%

Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

	6M	1Y	3Y	All
Fund returns	NA	7.7%	7.1%	6.2%
Category average	NA	7.6%	7.2%	NA
Rank with in category	NA	14	17	NA

Debt, Money Market funds	Rating	1Y	3Y	Fund Size(Cr)
Mirae Asset Money Market Fund IDCW	3	7.7%	7.1%	3,839.23
LIC MF Money Market Fund IDCW	1	6.7%	6.3%	2,097.83
Bajaj Finserv Money Market Fund IDCW	2	7.4%	NA	6,563.26

Rank (total assets)	#13 in India
Total AUM	₹2,08,109.62Cr

Mirae Asset Money Market Fund IDCW

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Expense ratio: 0.41%

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Amit ModaniSep 2023 - PresentView details

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Amit Modani
Sep 2023 - Present
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