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Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Money Market Fund Direct Growth

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1168.503 (0.029%)
NAV on May 03, 2024
Category Fixed income:
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 119 cr
Turnover Ratio 295.62%
Expense Ratio 0.22%
Exit Load -
Returns
  • 1M: 0.60%
  • 1Y: 7.58%
  • 3M: 2.02%
  • 3Y: N/A
  • 6M: 3.88%
  • 5Y: N/A
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Amit Modani (Since 8 months)
ISIN INF769K01HN8
Fund Family Mirae Asset
Launch Date August 11, 2021
Benchmark Nifty Money Market TR INR
Avg. Maturity 0.73 years
Yield To Maturity (%) 7.72%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs Nifty Money Market TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -
Sharpe -
Std Dev -
Risk -
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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet
Top Money Market Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Tata
Tata Money Market Fund Direct Plan Growth
4397.662 7.82% 17,990 cr 0.15% Average
Birla new
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth
343.133 7.72% 21,074 cr 0.21% Average
Reliance
Nippon India Money Market Fund Direct Plan Growth Option
3847.553 7.68% 13,817 cr 0.24% Below Average
Uti
UTI Money Market Fund - Direct Plan - Growth Option
2856.856 7.65% 13,165 cr 0.19% Below Average
Hdfc
HDFC Money Market Direct Plan Growth Option
5336.157 7.63% 20,142 cr 0.23% Below Average
Sbi
SBI Savings Fund Direct Plan Growth
40.719 7.58% 21,273 cr 0.25% Below Average
Franklin
Franklin India Money Market Fund Direct Growth
47.423 7.57% 1,446 cr 0.13% Average
Best Money Market Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Uti
UTI Money Market Fund - Direct Plan - Growth Option
2856.856 7.65% 13,165 cr 0.19% Below Average


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