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Fund Overview

Fund Size

Fund Size

₹3,486 Cr

Expense Ratio

Expense Ratio

0.09%

ISIN

ISIN

INF769K01HN8

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

11 Aug 2021

About this fund

Mirae Asset Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 5 years and 17 days, having been launched on 11-Aug-21.
As of 27-Aug-26, it has a Net Asset Value (NAV) of ₹1376.43, Assets Under Management (AUM) of 3486.27 Crores, and an expense ratio of 0.09%.
  • Mirae Asset Money Market Fund Direct Growth has given a CAGR return of 6.54% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 23.73% in debts, and 75.97% in cash & cash equivalents.
  • You can start investing in Mirae Asset Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.41%

+5.82% (Cat Avg.)

3 Years

+7.43%

+6.87% (Cat Avg.)

5 Years

+6.56%

+6.21% (Cat Avg.)

Since Inception

+6.54%

(Cat Avg.)

Portfolio Summaryas of 31st July 2026

Debt827.46 Cr23.73%
Others2,658.81 Cr76.27%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
India (Republic of)Bond - Short-term Government Bills291.35 Cr8.36%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit192.14 Cr5.51%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt167.62 Cr4.81%
Bharti Telecom LimitedCash - Commercial Paper143.82 Cr4.13%
Punjab National BankCash - CD/Time Deposit120.73 Cr3.46%
Punjab National BankCash - CD/Time Deposit120.11 Cr3.45%
TbillBond - Gov't/Treasury97 Cr2.78%
ICICI Bank LimitedCash - CD/Time Deposit96.46 Cr2.77%
Bajaj Housing Finance LimitedCash - Commercial Paper96.18 Cr2.76%
National Bank For Financing Infrastructure And DevelopmentCash - CD/Time Deposit96.03 Cr2.75%
L&T Finance LimitedCash - Commercial Paper95.6 Cr2.74%
L&T Finance Ltd.Cash - Commercial Paper93.85 Cr2.69%
Canara BankCash - CD/Time Deposit72.47 Cr2.08%
Bank Of BarodaCash - CD/Time Deposit72.44 Cr2.08%
Embassy Office Parks ReitCash - Commercial Paper71.66 Cr2.06%
Indian BankCash - CD/Time Deposit67.77 Cr1.94%
7.74% Tamilnadu SDL 2027Bond - Gov't/Treasury50.55 Cr1.45%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit48.83 Cr1.40%
Cholamandalam Investment And Finance Company LimitedCash - Commercial Paper48.83 Cr1.40%
Export-Import Bank of IndiaCash - Commercial Paper48.79 Cr1.40%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit48.7 Cr1.40%
Union Bank of IndiaBond - Corporate Bond48.14 Cr1.38%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit48.06 Cr1.38%
Bank Of BarodaCash - CD/Time Deposit48.04 Cr1.38%
Hero Housing Finance LimitedCash - Commercial Paper48.03 Cr1.38%
Bank Of BarodaCash - CD/Time Deposit47.99 Cr1.38%
HDFC Bank LimitedCash - CD/Time Deposit47.96 Cr1.38%
Aditya Birla Housing Finance LimitedCash - Commercial Paper47.94 Cr1.37%
Hero Fincorp LimitedCash - Commercial Paper47.93 Cr1.37%
Nuvama Wealth Finance LimitedCash - Commercial Paper47.9 Cr1.37%
Julius Baer Capital (India) Private LimitedCash - Commercial Paper47.87 Cr1.37%
Muthoot Finance LimitedCash - Commercial Paper47.85 Cr1.37%
Icici Securities LimitedCash - Commercial Paper47.73 Cr1.37%
360 One Prime LimitedCash - Commercial Paper47.64 Cr1.37%
Bank of BarodaBond - Corporate Bond47.1 Cr1.35%
Export-Import Bank of IndiaCash - Commercial Paper43.88 Cr1.26%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit43.86 Cr1.26%
7.77% Kerala SDL 2027Bond - Gov't/Treasury25.27 Cr0.72%
Days T-BillBond - Gov't/Treasury24.54 Cr0.70%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit24.53 Cr0.70%
Axis Bank LimitedCash - CD/Time Deposit24.41 Cr0.70%
Indian BankCash - CD/Time Deposit24.38 Cr0.70%
HDFC Bank LimitedCash - CD/Time Deposit24.38 Cr0.70%
Canara BankCash - CD/Time Deposit24.27 Cr0.70%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit24.27 Cr0.70%
Indian BankCash - CD/Time Deposit24.25 Cr0.70%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit24.23 Cr0.69%
Canara BankCash - CD/Time Deposit24.18 Cr0.69%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit24.17 Cr0.69%
Bank Of BarodaCash - CD/Time Deposit24.16 Cr0.69%
Punjab National BankCash - CD/Time Deposit24.14 Cr0.69%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit24.11 Cr0.69%
Canara BankCash - CD/Time Deposit24.02 Cr0.69%
Cholamandalam Investment And Finance Company LimitedCash - Commercial Paper24.02 Cr0.69%
Bank Of BarodaCash - CD/Time Deposit24.01 Cr0.69%
Punjab National BankCash - CD/Time Deposit23.99 Cr0.69%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit23.98 Cr0.69%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt23.94 Cr0.69%
Indian BankBond - Gov't Agency Debt23.54 Cr0.68%
Indian BankBond - Gov't Agency Debt23.52 Cr0.67%
Export-Import Bank Of IndiaCash - CD/Time Deposit11.54 Cr0.33%
Corporate Debt Market Development Fund - Class A2#Mutual Fund - Unspecified10.19 Cr0.29%
TrepsCash - Repurchase Agreement9.85 Cr0.28%
Net Receivables / (Payables)Cash-5.33 Cr0.15%
India (Republic of)Bond - Short-term Government Bills4.89 Cr0.14%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit1,594.58 Cr45.74%
Cash - Commercial Paper1,049.52 Cr30.10%
Bond - Short-term Government Bills296.24 Cr8.50%
Bond - Gov't Agency Debt238.62 Cr6.84%
Bond - Gov't/Treasury197.37 Cr5.66%
Bond - Corporate Bond95.24 Cr2.73%
Mutual Fund - Unspecified10.19 Cr0.29%
Cash - Repurchase Agreement9.85 Cr0.28%
Cash-5.33 Cr0.15%

Risk & Performance Ratios

Standard Deviation

This fund

0.56%

Cat. avg.

0.70%

Lower the better

Sharpe Ratio

This fund

1.62

Cat. avg.

0.80

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.19

Higher the better

Fund Managers

PK

Pranavi Kulkarni

Since February 2026

Additional Scheme Detailsas of 31st July 2026

ISIN
INF769K01HN8
Expense Ratio
0.09%
Exit Load
No Charges
Fund Size
₹3,486 Cr
Age
5 years
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty Money Market TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Money Market Funds

Fund nameExpense RatioExit LoadFund size
1Y
Shriram Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹94.71 Cr-
Shriram Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹94.71 Cr-
Groww Money Market Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹55.93 Cr-
Groww Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹55.93 Cr-
JioBlackRock Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹3706.30 Cr6.4%
Bank of India Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹471.77 Cr6.1%
Bank of India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹471.77 Cr6.6%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3486.27 Cr6.4%
Mirae Asset Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹3486.27 Cr6.1%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹7031.91 Cr6.4%
ICICI Prudential Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹34627.04 Cr6.5%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹14089.78 Cr6.6%
Nippon India Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹23227.09 Cr6.5%
Invesco India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹6342.37 Cr6.4%
Edelweiss Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2325.63 Cr6.5%
Kotak Money Market Scheme Direct Growth

Low to Moderate Risk

0.2%0.0%₹30296.53 Cr6.5%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹19875.00 Cr6.6%
Axis Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹19875.00 Cr6.4%
Sundaram Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1691.93 Cr6.3%
Sundaram Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1691.93 Cr6.4%
Invesco India Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹6342.37 Cr6.2%
UTI Money Market Fund Direct Growth

Moderate Risk

0.1%0.0%₹18782.46 Cr6.5%
Aditya BSL Money Manager Fund Direct Growth

Moderate Risk

0.2%0.0%₹30160.41 Cr6.5%
SBI Savings Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹33894.54 Cr6.4%
Tata Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹34138.15 Cr6.6%
Franklin India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹4204.96 Cr6.5%
Baroda BNP Paribas Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3493.78 Cr6.5%
Baroda BNP Paribas Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹3493.78 Cr6.3%
DSP Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹8703.92 Cr6.6%
HDFC Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹31370.84 Cr6.5%
PGIM India Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹125.97 Cr6.1%
PGIM India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹125.97 Cr6.3%
UTI Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹18782.46 Cr6.4%
Bajaj Finserv Money Market Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹4478.00 Cr5.8%
Bajaj Finserv Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹4478.00 Cr6.5%
Kotak Money Market Scheme Regular Growth

Low to Moderate Risk

0.4%0.0%₹30296.53 Cr6.3%
Aditya BSL Money Manager Fund Regular Growth

Moderate Risk

0.3%0.0%₹30160.41 Cr6.4%
Bandhan Money Manager Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹14089.78 Cr6.3%
DSP Savings Fund Regular Growth

Moderate Risk

0.4%0.0%₹8703.92 Cr6.3%
HSBC Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹7031.91 Cr6.2%
SBI Savings Fund Regular Growth

Low to Moderate Risk

0.7%0.0%₹33894.54 Cr5.9%
ICICI Prudential Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹34627.04 Cr6.3%
Nippon India Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹23227.09 Cr6.3%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹31370.84 Cr6.3%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹4204.96 Cr6.3%
Tata Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹34138.15 Cr6.3%
LIC MF Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹4332.12 Cr6.3%
LIC MF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4332.12 Cr6.6%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹144.59 Cr6.1%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹144.59 Cr6.4%

About the AMC

Mirae Asset India Mutual Fund

Mirae Asset India Mutual Fund

Total AUM

₹2,31,587 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Nifty200 Momentum 30 Plus 8-13yr G-Sec 75:25 Direct Growth

High Risk

0.1%0.0%--
Mirae Asset BSE Midcap 150 Momentum 30 ETF FOF Direct Growth

Very High Risk

0.3%0.0%--
Platinum Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

0.1%1.0%--
Mirae Asset Silver ETF FOF Direct Growth

Very High Risk

0.4%0.0%₹27.99 Cr-
Mirae Asset Nifty Metal ETF FOF Direct Growth

Very High Risk

0.4%0.0%₹103.07 Cr-
Mirae Asset BSE India Defence ETF FOF Direct Growth

Very High Risk

0.4%0.0%₹102.82 Cr-
Mirae Asset Infrastructure Fund Direct Growth

Very High Risk

0.6%1.0%₹466.28 Cr-
Mirae Asset Multi Factor Passive FOF Direct Growth

Very High Risk

2.0%0.0%₹28.75 Cr-
Mirae Asset Gold Silver Passive FoF Direct Growth

Very High Risk

0.4%0.0%₹1313.52 Cr-
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹136.85 Cr6.3%
Mirae Asset Income plus Arbitrage Active FOF Direct Growth

Moderate Risk

0.6%0.0%₹22.83 Cr5.6%
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth

Very High Risk

0.3%0.0%₹7.28 Cr9.0%
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

Very High Risk

0.4%0.0%₹8.71 Cr0.1%
Mirae Asset Small Cap Fund Direct Growth

Very High Risk

0.3%1.0%₹5220.93 Cr14.8%
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund Direct Growth

Very High Risk

0.4%0.0%₹25.20 Cr1.7%
Mirae Asset Long Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹21.90 Cr4.5%
Mirae Asset Gold ETF Fund of Fund Direct Growth

High Risk

0.4%0.0%₹541.12 Cr55.2%
Mirae Asset Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹74.18 Cr-1.7%
Mirae Asset Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹37.14 Cr6.0%
Mirae Asset Nifty Total Market Index Fund Direct Growth

Very High Risk

0.2%0.0%₹51.11 Cr4.2%
Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund Direct Growth

Very High Risk

0.4%0.0%₹194.47 Cr9.6%
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Regular Growth

Very High Risk

0.4%0.0%₹283.24 Cr9.9%
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund Regular Growth

Very High Risk

0.4%0.0%₹245.17 Cr9.9%
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹3592.63 Cr15.4%
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹4731.84 Cr0.6%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹13190.24 Cr6.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.5%1.0%₹45275.31 Cr8.5%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹38728.90 Cr1.3%
Mirae Asset Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2043.68 Cr6.5%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3486.27 Cr6.4%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹6635.31 Cr0.2%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹116.14 Cr5.5%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹2404.86 Cr30.6%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹9535.65 Cr6.9%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹980.50 Cr3.4%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.4%0.0%₹83.04 Cr-2.4%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹794.56 Cr23.6%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹474.76 Cr6.3%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1915.66 Cr6.7%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹4392.98 Cr6.6%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.5%1.0%₹2306.05 Cr10.1%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹5470.01 Cr7.5%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.4%0.0%₹126.33 Cr15.5%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹26372.97 Cr6.2%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹80.12 Cr6.1%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹44.29 Cr5.5%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹79.50 Cr-10.5%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹2006.88 Cr7.0%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹40.11 Cr5.1%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Regular Growth

Very High Risk

0.9%1.0%₹442.34 Cr52.5%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk

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What is the current NAV of Mirae Asset Money Market Fund Direct Growth?

img
The NAV of Mirae Asset Money Market Fund Direct Growth, as of 27-Aug-2026, is ₹1376.43.
The fund has generated 6.41% over the last 1 year and 7.43% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 23.73% in bonds, and 75.97% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Money Market Fund Direct Growth are:-
  1. Pranavi Kulkarni
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