Mirae Asset Money Market Fund Regular Growth
Fund House: Mirae Asset Mutual Fund| Category: Debt: Money Market |
| Launch Date: 31-08-2021 |
| Asset Class: |
| Benchmark: Nifty Money Market Index A-I |
| TER: 0.41% As on (31-07-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 3,334.4 Cr As on 31-07-2025(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
1275.2229
0.36 (0.0282%)
6.19%
Benchmark: 6.37%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
Nifty 1D Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
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. There is no assurance that the investment objective of the Scheme will be achieved.
Current Asset Allocation (%)
Indicators
| Standard Deviation | |
| Sharpe Ratio | |
| Alpha | |
| Beta | |
| Yield to Maturity | 6.03 |
| Average Maturity | 0.55 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Mirae Asset Money Market Fund Regular Growth | 31-08-2021 | 7.75 | 7.56 | 7.1 | - | - |
| UTI MMF - Regular Plan - Growth Option | 01-07-2009 | 7.97 | 7.77 | 7.55 | 6.11 | 6.79 |
| Franklin India Money Market Fund - Growth Option | 11-02-2002 | 7.94 | 7.7 | 7.41 | 5.89 | 6.81 |
| Nippon India Money Market Fund-Growth Plan-Growth Option | 01-06-2005 | 7.93 | 7.76 | 7.52 | 6.12 | 6.79 |
| ICICI Prudential Money Market Fund Option - Growth | 01-03-2006 | 7.93 | 7.74 | 7.51 | 6.04 | 6.75 |
| Axis Money Market Fund - Regular Plan - Growth Option | 05-08-2019 | 7.92 | 7.74 | 7.49 | 6.06 | - |
| Tata Money Market Fund-Regular Plan - Growth Option | 20-05-2003 | 7.89 | 7.74 | 7.5 | 6.11 | 6.01 |
| Aditya Birla Sun Life Money Manager Fund - Growth | 10-10-2005 | 7.89 | 7.75 | 7.53 | 6.12 | 6.88 |
| Aditya Birla Sun Life Money Manager Fund - Retail Growth | 05-06-2003 | 7.89 | 7.75 | 7.53 | 6.12 | 6.88 |
| Kotak Money Market Fund - (Growth) | 14-07-2003 | 7.87 | 7.71 | 7.45 | 6.05 | 6.72 |
Scheme Characteristics
Investment in Money Market instruments having maturity upto 1 year.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.04%
