No single fund can achieve what a plan can. Learn why
Historical NAV
₹ 1003.8665
NAV (Sep 23)
Fund Returns
Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
0.4%
6 Month CAGR
NA
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.
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.
Mirae Asset Investment Managers (India) Private Limited manages assets worth 92,647 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,36 debt and 9 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About Mirae Asset Money Market Fund (G)
About Mirae Asset Money Market Fund (G)
Mirae Asset Money Market Fund (G) is a Other Other fund and has delivered an annualised return of 0.4% over a period of 0 years. . The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Mahendra Jajoo
Mirae Asset Money Market Fund (G) 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. . However, there is no assurance that the objective of the scheme will be realized.
Mirae Asset Money Market Fund (G) NAV,AUM,Risk
The Mirae Asset Money Market Fund (G) fund was launched on Aug 11, 2021. The NAV (Net Asset Value) of this Other Other fund as of 2021-09-23 is ₹1003.87. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹170.247. The category risk of the Mirae Asset Money Market Fund (G) fund is Low to Moderate Risk. The fund charges 0.64 % as expense ratio.
Mirae Asset Money Market Fund (G) Holdings
The fund’s highest allocation is towards Others and has invested 88.4% in this asset class. The top three holdings of the fund are , triparty repo , rbl bank limited , net receivables / (payables) , 364 dtb 04112021 , godrej agrovet ltd. , 182 dtb 16122021 , icici securities limited , pilani investment & industries corporation limited , reliance industries limited , network18 media & investments limited , export import bank of india , hdfc bank limited , bajaj housing finance limited , lic housing finance limited , idfc first bank limited
Mirae Asset Money Market Fund (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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.
