Mirae Asset Money Market Fund - Direct (G) logo

Mirae Asset Money Market Fund Direct Growth

NAV ₹1,311.21 as on 17 Nov 2025

RiskModerately Low

Fund Size₹3,514.10Cr

NAV₹1,311.21 as on 17 Nov 2025
RiskModerately Low
Fund Size₹3,514.10Cr

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Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹5,000

Min Withdrawal Amount

₹-

Min SIP Amount

₹99

Min Additional Amount

₹1,000

Exit Load

Nil

Basic Details

Age

4 years 3 months (Since Aug 11, 2021)

Return since Launch

6.55%

Expense ratio

0.08%

Type

OPEN

AUM (Fund Size)

₹3,514.10

Risk Grade

Moderately Low

Benchmark

NIFTY Money Market Index A-I

Calculate Your Returns
Select Duration
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Returns
Total investment of ₹2,40,000
Would have become ₹61,949 (+209.74%)
Fund Manager

Name:

Mahendra Jajoo

Experience:

Mr. Mahendra Kumar Jajoo is the Head - Fixed Income of Mirae Asset Investment Managers (India) Private Limited. He has over 32 years of experience in the field of financial services including 18 years of experience in Fixed Income funds management. He is overall responsible for supervising all Debt schemes of the Mirae Asset Mutual Fund. Prior to this assignment, Mr. Jajoo was Director with AUM Capital Markets Ltd. He has also been associated with organizations like Pramerica Asset Managers Pvt. Ltd., Tata Asset Management Ltd., ABN AMRO Asset Management Ltd and ICICI Group.

Asset Allocation

Currently, data not available

See All

TBILL-364D 11.06%

Bank of Baroda 9.67%

HDFC Bank 8.30%

N A B A R D 7.65%

Kotak Mah. Bank 6.94%

Indian Bank 6.24%

S I D B I 6.16%

Punjab Natl.Bank 5.56%

Canara Bank 5.55%

E X I M Bank 4.85%

ICICI Securities 4.17%

Axis Bank 4.11%

Union Bank (I) 3.24%

Tata Capital 2.78%

TBILL-182D 2.10%

Muthoot Finance 2.10%

Sundaram Finance 1.39%

360 One Prime 1.39%

HDB FINANC SER 1.39%

Cholaman.Inv.&Fn 1.39%

Birla Group 1.39%

KOTAK MAHI. INV. 1.37%

Julius Baer Cap. 0.70%

Axis Finance 0.69%

CDMDF (Class A2) 0.20%

Net CA & Others -0.41%

See All
Scheme Holding Summary

Debt Others

86.84%

T Bills

13.16%

See All

T Bills

Debt Others

National Bank for Agriculture & Rural Development

7.65%

Small Industries Development Bank of India Ltd

6.16%

Export-Import Bank of India

4.85%

360 One Prime Ltd

1.39%

Birla Group Holdings Pvt Ltd

1.39%

Kotak Mahindra Investments Ltd

1.37%

Julius Baer Capital India Pvt Ltd

0.70%

Axis Finance Ltd

0.69%
See All
RiskometerLevel of risk in the scheme
Moderate
High
Low
Very
High

Your investment will be at Moderately Low Risk

Fund house & investment objective
Rank (total assets)#10 in India
Total AUM₹2,15,433.54Cr
Date of Incorporation20 Nov 2006
Mirae Asset Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 11 Aug 2021. The fund currently has an Asset Under Management(AUM) of ₹2,15,433.54 Cr and the Latest NAV as of 17 Nov 2025 is ₹1,311.21.
The Mirae Asset Money Market Fund Direct Growth is rated Moderately Low. Minimum SIP Investment is set to ₹99 . Minimum Lumpsum Investment is ₹5,000. Exit load of Nil.
...Read more
Returns and Rankings

Category: Debt Money Market Fund

1Y3Y5YAll
Fund returns7.80%2.46%-1.60%
Category average7.52%2.40%1.16%-
Rank within category51219-

FAQ’s

What kind of returns does Mirae Asset Money Market Fund Direct Growth provide?

Mirae Asset Money Market Fund Direct Growth has given a return of 7.55% in the past 3 years.

What is the expense ratio charged by Mirae Asset Money Market Fund Direct Growth?

The Expense Ratio charged by Mirae Asset Money Market Fund Direct Growth is 0.08%.

What is the AUM size of Mirae Asset Money Market Fund Direct Growth?

The AUM size of Mirae Asset Money Market Fund Direct Growth is ₹3,514.10Cr.

What is the minimum SIP amount that you can invest in Mirae Asset Money Market Fund Direct Growth?

₹99 is the minimum SIP amount that you can invest in Mirae Asset Money Market Fund Direct Growth .

What are the top stock holdings of Mirae Asset Money Market Fund Direct Growth?

The top stock holdings of Mirae Asset Money Market Fund Direct Growth include and Bank of Baroda.

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Get started with us today and
start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.