Mirae Asset Money Market Fund
Mirae Asset Mutual FundDebt: Money MarketDirect planWeekly IDCWUnder 1 year old
Overview
NAV
₹1,363.2698
Gain 0.03% 1-day changeData as of 9 Oct 2026
- Since launch
- Gain 0.1%
The principal will be at Low to Moderate risk
Data as of 9 Oct 2026Source: amfiHow we calculatePast performance may or may not be sustained in future. Returns shown are not an indication of future returns.
Trailing returns
Periods under 1 year show absolute return. 1 year and longer show CAGR (annualised).
This fund is less than a year old. Only absolute returns are shown, and it is left out of rankings.
| Period | This fund | Category average |
|---|---|---|
| 1 month | Loss 0.06% | Gain 0.42% |
| 3 months | Gain 0.12% | Gain 1.65% |
| 6 months | — | Gain 3.27% |
| 1 year | — | Gain 6.24% |
| 3 years | — | Gain 6.98% |
| 5 years | — | Gain 6.31% |
| 7 years | — | Gain 5.93% |
| 10 years | — | Gain 6.30% |
| Since launch | Gain 0.12% | Gain 6.64% |
Calendar-year returns
Data not yet available
Past performance may or may not be sustained in future. Returns shown are not an indication of future returns.
Rolling returns
Returns over every possible holding period since launch show the range of outcomes an investor could have had, not just one start date.
The fund's history is too short for rolling returns.
Past performance may or may not be sustained in future. Returns shown are not an indication of future returns.
Risk measures (3 years)
Calculated on daily NAVs over the last 3 years. Tap ? for a plain-language explanation.
- Standard deviation
Standard deviation
How much the fund's returns swing around their average, per year. A higher number means a bumpier ride.
- Not available
- Sharpe ratio
Sharpe ratio
Return earned above a treasury-bill rate for each unit of ups and downs. Higher means more return for the risk taken.
- Not available
- Sortino ratio
Sortino ratio
Like the Sharpe ratio, but it counts only the falls, not the rises. Higher is better.
- Not available
- Beta
Beta
How much the fund tends to move when its benchmark moves. 1 means the same as the benchmark; below 1 means it moved less.
- Not available
- Alpha
Alpha
Return per year above what the fund's beta would predict from the benchmark. Positive means the fund added value.
- Not available
- Maximum drawdown
Maximum drawdown
The deepest fall from a peak to a later low. It shows the worst loss an investor would have seen on paper.
- Not available
- Up-market capture
Up-market capture
How much of the benchmark's gains the fund caught in rising months. Above 100% means it rose more.
- Not available
- Down-market capture
Down-market capture
How much of the benchmark's losses the fund took in falling months. Below 100% means it fell less.
- Not available
Fund facts
- Fund size (AUM)
- ₹3,478 Cr
- Expense ratio (TER)
- 0.11%
- Exit load
- Not available
- Minimum SIP
- ₹99
- Minimum lumpsum
- ₹5,000
- Launch date
- 4 Aug 2021
- Fund managers
- Pranavi Kulkarni
- Benchmark index
- Not available
- Category
- Debt: Money Market
- Fund house
- Mirae Asset Mutual Fund
- Scheme type
- Open Ended
- AMFI scheme code
- 154462
- ISIN
- INF769K01RA4
Investment objective
The investment objective of the scheme is to generate reasonable returns with low risk and provide liquidity by investing in money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.
Portfolio holdings
| Holding | Sector | Weight |
|---|---|---|
| 364 Days Treasury Bills (MD 11/02/2027) | — | 11.98% |
| Kotak Mahindra Bank Ltd. (MD 05/03/2027)**# | — | 6.94% |
| National Bank for Agriculture and Rural Development (MD 17/03/2027)**# | — | 6.92% |
| Punjab National Bank (MD 04/03/2027)**# | — | 4.96% |
| Bajaj Auto Credit Ltd. (MD 22/02/2027)** | — | 4.96% |
| 364 Days Treasury Bills (MD 19/02/2027) | — | 3.99% |
| National Bank for Financing Infrastructure and Development (MD 04/03/2027)**# | — | 3.96% |
| L&T Finance Ltd. (MD 10/06/2027)** | — | 3.87% |
| HDFC Bank Ltd. (MD 24/02/2027)**# | — | 2.98% |
| National Bank for Agriculture and Rural Development (MD 10/03/2027)**# | — | 2.97% |
| Embassy Office Parks Reit (MD 23/03/2027)** | — | 2.96% |
| Small Industries Development Bank of India (MD 11/06/2027)# | — | 2.91% |
| Indian Bank (MD 22/01/2027)**# | — | 2.80% |
| 7.74% State Government of Tamil Nadu (MD 01/03/2027) | — | 2.05% |
| Small Industries Development Bank of India (MD 14/01/2027)**# | — | 2.00% |
Portfolio as of 30 Sept 2026 · top 15 of 53 holdings, 66.2% of the portfolio
Try this fund in our tools
See how a SIP, a lumpsum or withdrawals in this fund would have done, using its real NAV history.
Data sources
| Data | Source | As of |
|---|---|---|
| Latest NAV | amfi | 9 Oct 2026 |
| NAV history | captnemo | 9 Oct 2026 |
| Expense ratio | amfi | 11 Oct 2026 |
| Fund size | amfi | 8 Oct 2026 |
| Fund managers | kuvera | 11 Oct 2026 |
| Riskometer | amfi | 8 Oct 2026 |
| Scheme details | amfi | 9 Oct 2026 |
| Holdings | amc:mirae-asset | 30 Sept 2026 |
| minSip | kuvera | 11 Oct 2026 |
| minLumpsum | amfi | 9 Oct 2026 |
| objective | kuvera | 11 Oct 2026 |
| launch | amfi | 9 Oct 2026 |
Mutual fund investments are subject to market risks, read all scheme related documents carefully.