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  • Mirae Asset Mutual Fund
  • Mirae Asset Money Market Fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Money Market Fund (Growth)

DebtMoney Market

1060.8512

NAV (Jan 27)

4.1%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

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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

1060.8512

NAV (Jan 27)

Fund Returns

Last 1Y

4.6%

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

4.1%

6 Month CAGR

2.7%

Scheme Information

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.

Expense Ratio

0.65

Launched (2y ago)

Aug 11, 2021

AUM in Crores

59.425

ISIN

INF769K01HK4

Lock-in

No Lock-in

Benchmark

Nifty Money Market TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

0

Standard Deviation (5yr)

0

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0

Sharpe Ratio (5yr)

0

YTM

6.76

Fund Managers

Mahendra Jajoo

Fund Manager

Basant Bafna

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Money Market Fund (Growth)70%NaN NaN%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2023-01-27

Top Debt Holdings

india (republic of)

23.7%
23.7%

iifl wealth prime limited

8.4%
8.4%

national bank for agriculture and rural development

8.2%
8.2%

canara bank

8.1%
8.1%

kotak mahindra bank limited (formerly kotak mahindra finance limited)

8.1%
8.1%
See all holdings

Compare Mirae Asset Money Market Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 52,076 cr

-

₹ 16,307 cr

-

₹ 52,076 cr

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 108,775 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,42 debt and 6 hybrid funds.

amc-img

  • 022-67800300
  • customercare@miraeasset.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    16.3%

    17%

    15.8%

    16.6%

    10.3%

    10.3%

    21.8%

    17.2%

    16.6%

    19.5%

    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 4.1% over a period of 1 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund managers are Basant Bafna, Mahendra Jajoo.

    Nav of Mirae Asset Money Market Fund (G) as of 1/27/2023 is ₹1060.85 with the total AUM as of 1/29/2023 is ₹59.425. 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 Aug 11, 2021. The category risk of the fund is Low to Moderate Risk.

    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 TR INR.

    Mirae Asset Money Market Fund (G) is rated as a 0 fund in Debt and delivered 4.6% returns in the last 1 year. 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)?

    Mirae Asset Money Market Fund (G) 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.

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

    As per Scripbox experts, Mirae Asset Money Market Fund (G) is a Not Reviewed Yet fund. You can investMirae Asset Money Market Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    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 0.65% for regular plan.