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Mirae Asset Money Market Fund icon

Mirae Asset Money Market Fund

Money MarketRank #20
3/5

NAV (2026-09-11)

1356.55

AUM

₹3,586.5 Cr

Exp. Ratio: 0.42%

RISK LEVEL

Low To Moderate

Returns & Performance

1 Year6.20%0.06% vs cat avgRank #18
3 Year7.07%0.11% vs cat avgRank #12
5 Year6.22%0.02% vs cat avgRank #12
Since Launch6.18%0.03% vs cat avg

Fund vs Category Average

1Y
6.20%-0.06%
3Y
7.07%+0.11%
5Y
6.22%-0.02%

Pros & Cons

Pros

Strong 3Y track record vs category
No lock-in period
Low expense ratio (0.42%)

Cons

1Y returns trail category average
5Y returns below category average
1Y category rank outside top 15 (#18)
Overall rank #20 in category
Returns since launch below category avg
ISININF769K01HK4
NAV₹1356.55
NAV Date2026-09-11
AUM₹3,586.5 Cr
Expense Ratio0.42%
RiskLow To Moderate
Rating3 / 5
Min SIP Amount₹99
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2007-11-30

INVESTMENT OBJECTIVE

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

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Pranavi Kulkarni

Ms. Kulkarni is a BE Computer Science, MBA Finance

Prior to joining Mirae Asset Mutual Fund, she has worked with Edelweiss Mutual Fund, CRISIL Ltd. and Yes Bank.

Top Holdings

CompanySectorAsset Value (Cr)Asset %
Bank Of Baroda 20/02/2025Financial₹99.015.51
Bajaj Finance Ltd. 366-D 10/01/2025Financial₹73.455.27
Bank Of Baroda 09/06/2025Financial₹97.404.98
Kotak Mahindra Bank Ltd. 05/03/2027Financial₹169.264.72
Canara Bank 03/06/2026Financial₹171.894.56
State Bank of India 27/03/2026Financial₹148.554.38
Canara Bank 06/12/2024Financial₹49.063.97
HDFC Bank Ltd. 06/12/2024Financial₹49.053.97
Axis Bank Ltd. 12/06/2026Financial₹147.073.90
Punjab National Bank 11/03/2025Financial₹99.813.83

Frequently Asked Questions

Common questions about this fund, answered from scheme data

The latest Net Asset Value (NAV) of Mirae Asset Money Market Fund is ₹1,356.55 as of 2026-09-11.

The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.