₹ 1148.4458
NAV (Mar 28)
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 years₹ 1148.4458
NAV (Mar 28)
Last 1Y | 7.3% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 5.4% |
6 Month CAGR | 3.7% |
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 | 0.59 |
Launched (3y ago) | Aug 11, 2021 |
AUM in Crores | 117.040 |
ISIN | INF769K01HJ6 |
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 | 7.75 |
of
for
with step up of
Asset | Returns | Total Corpus | Gains | CAGR |
---|---|---|---|---|
Mirae Asset Money Market Fund (PIDCW-A) | 8,74,154 | 1,41,542 | 7.3% | |
EPF | 9,00,761 | 1,68,149 | 8.50% | |
Property | 8,67,662 | 1,35,050 | 7.00% | |
PPF | 8,69,819 | 1,37,207 | 7.10% | |
Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
Gold | 8,46,471 | 1,13,859 | 6.00% | |
Savings Bank | 8,25,950 | 93,338 | 5.00% |
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.
kotak mahindra bank ltd.
9.5%182 Days Treasury Bill 13-06-2024
8.4%punjab national bank
8%indian bank
7.1%icici bank limited
5.9%Fund Name | Fund Size | Rolling Returns |
---|---|---|
₹ 45,349 cr | ||
₹ 14,455 cr | ||
₹ 13,853 cr | ||
₹ 12,072 cr | ||
₹ 11,011 cr |
Mirae Asset Global Inv (India) Pvt. Ltd
Fund Name | Scripbox Opinion | Till Date CAGR | |
---|---|---|---|
17.6% | 18.6% | ||
16.8% | 18% | ||
10.7% | 11.3% | ||
19.5% | 21.6% | ||
18.6% | 20.5% |
Mirae Asset Money Market Fund (PIDCW-A) is a Money Market Debt fund and has delivered an annualised return of 5.4% over a period of 2 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Amit Modani.
Nav of Mirae Asset Money Market Fund (PIDCW-A) as of 3/28/2024 is ₹1148.45 with the total AUM as of 3/29/2024 is ₹117.04. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Money Market Fund (PIDCW-A) was launched on Aug 11, 2021. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Mirae Asset Money Market Fund (PIDCW-A) 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 (PIDCW-A) 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 (PIDCW-A) is rated as a 0 fund in Debt and delivered 7.3% 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 (PIDCW-A).
What is Mirae Asset Money Market Fund (PIDCW-A)?
How to invest in Mirae Asset Money Market Fund (PIDCW-A)?
You can invest in Mirae Asset Money Market Fund (PIDCW-A) 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 (PIDCW-A)?
The minimum sip amount for Mirae Asset Money Market Fund (PIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Money Market Fund (PIDCW-A) good to invest in?
As per Scripbox experts, Mirae Asset Money Market Fund (PIDCW-A) is a Not Reviewed Yet fund. You can investMirae Asset Money Market Fund (PIDCW-A) 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 (PIDCW-A)?
The expense ratio of the Mirae Asset Money Market Fund (PIDCW-A) is 0.59% for regular plan.