Mirae Asset Mutual Fund launches Mirae Asset Money Market Fund

NFO period: 04^th August – 10^th August, 2021

Highlights of the NFO:

• Scheme type – An open ended debt scheme investing in money market instruments


• 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.


• Product suitability – This product is suitable for investors who are seeking short term savings by investing predominantly in money market instruments.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal option (IDCW) (with Payout of IDCW and Reinvestment of IDCW Facility).


• Fund Manager – Mr. Mahendra Kumar Jajoo


• Benchmark – Nifty Money Market Index