Mirae Asset Money Market Fund
Current Fund Size :
N.A.
₹1,299.49
NAV
6.54% p.a.
Overall Return
0.01%
1-Day Change
0.09%
Expense Ratio
₹ 3,839 Cr
AUM (Fund Size)
4+ yrs
Fund Age
Investment Policy
Benchmark
NIFTY Money Market Index A-I
Risk Level
Low to Moderate Risk
Min. Investment
SIP: ₹1000 & Lumpsum: ₹5000
Exit Load
0%
Lock-in Period
Nil
Capital Gains Tax Rules (Equity)
STCG (Before 1 Year)
LTCG (After 1 Year)
Age of Fund
4 yrs 1 m since Aug 04, 2021
Current Value (Example)
N.A.
Returns Ratio
N/A
Peer Comparison: Returns & Risk Ratios
| # | Fund Name | Annualized Returns | Risk Ratios | Other Details | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | Std. Deviation | Beta | Sharpe Ratio | Sortino Ratio | AUM | Fund Age | Expense Ratio | ||
| 1 | Mirae Asset Money Market Fund | 7.83% | 7.54% | N.A. | 0.37 | 0.97 | 2.50 | 3.54 | 3,839 Cr | 4 yrs 1 m | 0.09% |
| 2 | UTI Money Market Fund | 7.77% | 7.67% | 6.22% | 0.35 | 0.85 | 3.06 | 5.29 | 20,513 Cr | 12 yrs 8 m | 0.14% |
| 3 | Nippon India Money Market Fund | 7.81% | 7.7% | 6.27% | 0.36 | 0.88 | 3.03 | 5.20 | 23,881 Cr | 12 yrs 8 m | 0.22% |
| 4 | PGIM India Money Market Fund | 7.57% | 7.52% | 6.11% | 0.35 | 0.87 | 2.59 | 4.73 | 220 Cr | 5 yrs 7 m | 0.21% |
| 5 | Axis Money Market Fund | 7.82% | 7.71% | 6.25% | 0.36 | 0.92 | 3.02 | 5.03 | 20,721 Cr | 6 yrs 2 m | 0.17% |
| 6 | Sundaram Money Market Fund | 7.73% | 7.41% | 5.92% | 0.35 | 0.88 | 2.39 | 4.37 | 2,384 Cr | 7 yrs | 0.17% |
Trailing Returns vs. Category Average
| # | Period | Fund Return | Category Average |
|---|---|---|---|
| 1 | 1 Month | 0.42% | 0.43% |
| 2 | 3 Months | 1.45% | 1.45% |
| 3 | 6 Months | 3.74% | 3.67% |
| 4 | 1 Year | 7.83% | 7.68% |
| 5 | 2 Years | 7.84% | 7.66% |
| 6 | 3 Years | 7.54% | 7.53% |
| 7 | 4 Years | 6.65% | 6.66% |
Related Funds
| # | Fund Name | AUM | Return 1y | Return 5y | url |
|---|---|---|---|---|---|
| 1 | Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund | 238 Cr | 7.84% | View Detail | |
| 2 | Mirae Asset Nifty SDL Jun 2027 Index Fund | 564 Cr | 7.8% | View Detail | |
| 3 | Mirae Asset Short Duration Fund | 896 Cr | 8.44% | View Detail | |
| 4 | Mirae Asset Dynamic Bond Fund | 121 Cr | 7.97% | View Detail | |
| 5 | Mirae Asset Corporate Bond Fund | 44 Cr | 8.07% | View Detail | |
| 6 | Mirae Asset Low Duration Fund | 1,865 Cr | 8.0% | View Detail |
Similar Mutual Funds
Find mutual funds with similar performance and compare returns instantly.