• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Money Market Fund (G)
Mirae Asset Mutual Fund

Mirae Asset Money Market Fund (G)

DebtMoney Market

1198.5269

NAV (Oct 31)

5.777%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1198.5269

NAV (Oct 31)

Fund Returns

Last 1Y
7.5%
Last 3Y
6%
Last 5Y
NA
Last 10Y
NA
Since Inception
5.8%
6 Month CAGR
3.7%

Scheme Information

Investment Objective

The scheme seeks to generate reasonable returns with low risk and provide liquidity by investing in money market instruments.

Expense Ratio
0.51%
Launched 3Y ago
2021-08-11
AUM in Crores
1393.3
ISIN
INF769K01HK4
Lock-in (days)
No Lock-in
Benchmark
NIFTY Money Market Index A-I
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
0.5
Beta
1
Sharpe Ratio
-
YTM
-
Fund Managers

Amit Modani

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Money Market Fund (G)70%8,46,388 1,13,7766%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-10-01

Top Debt Holdings

Punjab National Bank

8.03%
8.034%

Small Industries Devp. Bank of India Ltd.

8.02%
8.021%

Axis Bank Ltd.

6.93%
6.934%

Kotak Mahindra Bank Ltd.

6.38%
6.376%

Reserve Bank of India

5.36%
5.361%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
kotak-mahindra
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (G)

₹ 8,029 cr

₹ 14,839 cr

₹ 4,523 cr

₹ 10,307 cr

₹ 12,416 cr

amc-img

About the AMC

Mirae Asset Mutual Fund

Mirae Asset Global Investments is the asset management arm of Mirae Asset Financial Group. It was founded in 1997. Mirae Asset Global Investments (India) Private Limited has transferred its asset management business to its wholly-owned subsidiary, Mirae Asset Investment Managers (India) Private Limited.amc-img
phone-img022-67800301 / 1800-2090-777
Fund NameScripbox Opinion
Till Date CAGR

14.1%

19%

19.3%

23.7%

9.5%

11.7%

18.8%

26.9%

13.8%

20.6%

Mirae Asset Money Market Fund (G) Review

Mirae Asset Money Market Fund (G) is a Money Market Debt fund and has delivered an annualised return of 5.78% over 3 years. The fund has grown over a period of 3 years. The fund is managed by Mirae Asset Mutual Fund. The fund manager’s name is Amit Modani.

Nav of Mirae Asset Money Market Fund (G) as of 10/31/2024 is ₹1198.53 with the total AUM as of 11/2/2024 is ₹1393.29. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Money Market Fund (G) was launched on 2021-08-11. The category risk of the fund is Low to Moderate.

The minimum SIP amount for Mirae Asset Money Market Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Mirae Asset Money Market Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Money Market Index A-I.

Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Money Market Fund (G).

Frequently Asked Questions

What is Mirae Asset Money Market Fund (G)?

It is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Money Market Fund (G)?

You can invest in Mirae Asset Money Market Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Mirae Asset Money Market Fund (G)?

The minimum sip amount for Mirae Asset Money Market Fund (G) is ₹1000. You can invest in multiples of ₹5000.

What is the expense ratio of the Mirae Asset Money Market Fund (G)?

The expense ratio of the Mirae Asset Money Market Fund (G) is 0.51% for regular plan.

What is the NAV of Mirae Asset Money Market Fund (G)?

Today's Mirae Asset Money Market Fund (G) NAV is ₹1198.53.