GMP IPO Watch
Debt Scheme - Money Market Fund
Mirae Asset Money Market Fund
Direct Plan · Weekly IDCW · Mirae Asset Mutual Fund
Risk: Low to Moderate Risk
52W Low ₹1360.86 8 Jul 2026
52W High ₹1365.76 8 Sept 2026
₹1362.8147
NAV as of 29 Oct 2026
+0.03% day change
Other Plans of This Fund
ISININF769K01RA4
Scheme Code154462
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹0 Cr
Expense Ratio (as of 3 Nov 2026)0.11%
Min. Investmenta minimum investment of Rs.5,000/
Inception Date4 Aug 2021
BenchmarkNifty Money Market Index A-I
Portfolio Turnover313.14%
NFO Period04 Aug 2021 – 10 Aug 2021
Returns
Since Inception
+0.29%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.12% | +0.10% | 2 of 28 |
| 1M | +0.00% | +0.27% | 12 of 28 |
| 3M | +0.03% | +1.03% | 3 of 28 |
| YTD | +0.09% | +3.78% | 4 of 28 |
| INCEPTION | +0.29% | — | — |
Ranked among: Debt Scheme - Money Market Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | -0.00% | +0.14% | -0.17% | 50% | 20% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt119.52%
- Cash-19.52%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings52
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| 364TB11227 | Money Market | 11.98% | +3.82% |
| Kotak Mahindra Bank Ltd. (MD 05/03/2027)** | Money Market | 6.94% | +2.22% |
| National Bank for Agriculture and Rural Development (MD 17/03/2027)** | Money Market | 6.92% | +2.22% |
| Bajaj Auto Credit Ltd. (MD 22/02/2027)** | Money Market | 4.96% | +1.59% |
| Punjab National Bank (MD 04/03/2027)** | Money Market | 4.96% | +1.59% |
| 364TB19227 | Money Market | 3.99% | +1.27% |
| National Bank for Financing Infrastructure and Development (MD 04/03/2027)** | Money Market | 3.96% | +1.27% |
| L&T Finance Ltd. (MD 10/06/2027)** | Money Market | 3.87% | +1.24% |
| HDFC Bank Ltd. (MD 24/02/2027)** | Money Market | 2.98% | +0.96% |
| National Bank for Agriculture and Rural Development (MD 10/03/2027)** | Money Market | 2.97% | +0.95% |
| Embassy Office Parks Reit (MD 23/03/2027)** | Money Market | 2.96% | +0.95% |
| Small Industries Development Bank of India (MD 11/06/2027) | Money Market | 2.91% | +0.93% |
| Indian Bank (MD 22/01/2027)** | Money Market | 2.80% | +0.90% |
| 7.74% State Government of Tamil Nadu (MD 01/03/2027) | Debt | 2.05% | +0.64% |
| Small Industries Development Bank of India (MD 14/01/2027)** | Money Market | 2.00% | +0.64% |
View all 53 holdings
| Arka Fincap Ltd. (MD 29/01/2027)** | Money Market | 1.99% | — |
| Small Industries Development Bank of India (MD 09/02/2027)** | Money Market | 1.99% | +0.64% |
| Union Bank of India (MD 22/02/2027)** | Money Market | 1.99% | +0.64% |
| Hero Housing Finance Ltd. (MD 25/02/2027)** | Money Market | 1.98% | +0.63% |
| Hero FinCorp Ltd. (MD 15/02/2027)** | Money Market | 1.98% | +0.63% |
| Nuvama Wealth Finance Ltd. (MD 05/02/2027)** | Money Market | 1.98% | +0.63% |
| REC Ltd. (MD 08/03/2027)** | Money Market | 1.98% | — |
| Aditya Birla Housing Finance Ltd. (MD 09/03/2027)** | Money Market | 1.98% | +0.63% |
| JBCIPL-26-02-27-CP | Money Market | 1.98% | +0.64% |
| Muthoot Finance Ltd. (MD 02/03/2027)** | Money Market | 1.98% | +0.64% |
| National Bank for Agriculture and Rural Development (MD 26/02/2027)** | Money Market | 1.98% | +0.63% |
| Bank of Baroda (MD 05/03/2027)** | Money Market | 1.98% | +0.63% |
| National Bank for Agriculture and Rural Development (MD 18/03/2027) | Money Market | 1.98% | +0.64% |
| L&T Finance Ltd. (MD 19/03/2027)** | Money Market | 1.97% | -0.71% |
| ICICI Securities Ltd. (MD 23/03/2027)** | Debt | 1.97% | +0.63% |
| 360 One Prime Ltd. (MD 11/03/2027)** | Money Market | 1.97% | +0.63% |
| Infina Finance Pvt. Ltd. (MD 14/05/2027)** | Money Market | 1.94% | +0.62% |
| Arka Fincap Ltd. (MD 27/05/2027)** | Money Market | 1.93% | +0.61% |
| Small Industries Development Bank of India (MD 03/09/2027) | Money Market | 1.91% | — |
| 7.77% State Government of Kerala (MD 01/03/2027) | Debt | 1.03% | +0.33% |
| Kotak Mahindra Bank Ltd. (MD 08/01/2027)** | Money Market | 1.00% | -0.09% |
| National Bank for Agriculture and Rural Development (MD 14/01/2027)** | Money Market | 1.00% | +0.32% |
| Bank of Baroda (MD 25/01/2027) | Money Market | 1.00% | +0.32% |
| Kotak Mahindra Bank Ltd. (MD 12/02/2027)** | Money Market | 1.00% | +0.32% |
| Axis Bank Ltd. (MD 12/02/2027)** | Money Market | 1.00% | +0.32% |
| 182TB26227 | Money Market | 1.00% | — |
| Cholamandalam Investment & Finance Co. Ltd. (MD 15/02/2027)** | Money Market | 0.99% | +0.32% |
| ICICI Bank Ltd. (MD 08/03/2027)** | Money Market | 0.99% | +0.32% |
| Bank of Baroda (MD 08/03/2027) | Money Market | 0.99% | +0.32% |
| Small Industries Development Bank of India (MD 25/03/2027)** | Money Market | 0.99% | +0.32% |
| Indian Bank (MD 15/06/2027)** | Money Market | 0.97% | +0.31% |
| Indian Bank (MD 21/06/2027)** | Money Market | 0.97% | +0.31% |
| Small Industries Development Bank of India (MD 11/08/2027) | Money Market | 0.96% | +0.31% |
| Small Industries Development Bank of India (MD 20/08/2027)** | Money Market | 0.96% | -0.99% |
| Corporate Debt Market Development Fund - Class A2 | Debt | 0.42% | +0.13% |
| Punjab National Bank (MD 12/03/2027) | Money Market | 0.40% | -0.27% |
| Indian Bank (MD 12/01/2027) | Money Market | 0.20% | -3.20% |
| Net Receivables / (Payables) | Net Current Assets | -19.53% | — |
Risk Metrics
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 3Y | -30.11 | -3.16 | Below Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
LIC MF Money Market Fund
Direct Plan · Growth
|
+6.50% | +6.74% | — | +6.58% |
|
Axis Money Market Fund
Direct Plan · Growth Option
|
+6.47% | +7.38% | +6.82% | +6.44% |
|
Bajaj Finserv Money Market Fund
Direct Plan · Growth
|
+6.36% | +7.29% | — | +7.38% |
|
JioBlackRock Money Market Fund
Direct Plan · Growth Option
|
+6.27% | — | — | +6.17% |
|
UTI - Money Market Fund
Regular Plan · Discontinued Growth
|
+6.27% | +7.03% | +6.38% | +6.89% |
|
Tata Money Market Fund
Regular Plan · Growth Option
|
+6.22% | +7.17% | +6.63% | +6.95% |
|
ICICI Prudential Money Market Fund - Cash Option
Regular Plan · Growth
|
+6.22% | +7.17% | +6.62% | +7.10% |
|
Sundaram Money Market Fund
Regular Plan · GROWTH
|
+6.21% | +7.07% | +6.46% | +6.20% |
|
HDFC Money Market Fund
Regular Plan · Growth Option
|
+6.19% | +7.12% | +6.57% | +7.30% |
|
Nippon India Money Market Fund
Regular Plan · Growth Option
|
+6.18% | +7.17% | +6.67% | +7.35% |
More From Mirae Asset Investment Managers (India) Pvt. Ltd
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset S&P 500 Top 50 ETF Fund of Fund
Direct Plan · Growth
|
+29.35% | +41.95% | +25.08% | +25.94% |
| Mirae Asset Silver ETF | +26.31% | +36.47% | — | +30.17% |
|
Mirae Asset NYSE FANG + ETF Fund of Fund
Direct Plan · Growth
|
+21.29% | +50.85% | +29.57% | +31.68% |
|
Mirae Asset Gold Silver Passive FoF
Direct Plan · IDCW
|
+21.29% | — | — | +35.40% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
| Mirae Asset Nifty Metal ETF | +19.77% | — | — | +11.29% |
|
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Direct Plan · Growth
|
+18.59% | +34.76% | — | +33.45% |
| Mirae Asset Gold ETF | +16.94% | +31.04% | — | +27.13% |
|
Mirae Asset Gold ETF Fund of Fund
Direct Plan · Growth
|
+16.76% | — | — | +32.55% |
| Mirae Asset NYSE FANG+ ETF | +9.94% | +37.12% | +22.50% | +24.56% |
About This Scheme
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
Stated Asset Allocation
Money market instruments having maturity of upto 1 year: upto 100%
Exit Load
NIL
Fund Managers
Ms. Pranavi Kulkarni
Primary
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Mirae Asset Investment Managers (India) Pvt. Ltd website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.