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Fund Overview of Mirae Asset Money Market Fund Direct-growth
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₹4,397.6 CrAUM
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₹1,356.45NAV
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0.10%Expense Ratio
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DebtFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Mirae Asset Money Market Fund Direct-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 1.71% | NA | 1.75% |
| 6 Months | 3.00% | NA | 4.16% |
| 1 Year | 6.15% | 6.15% | 7.96% |
| 2 Years | 15.08% | 7.27% | 7.76% |
| 3 Years | 23.73% | 7.35% | 7.48% |
Compare Mirae Asset Money Market Fund Direct-growth with other mutual funds in the same category
Mirae Asset Money Market Fund Direct-growth
Tata Money Market Fund Direct-growth
Tata Money Market Fund Direct-idcw Daily
Asset Allocation
debt instruments
94.94%other assets or cash equivalents
5.06%Mirae Asset Money Market Fund Direct-growth is one Debt mutual fund offered by Mirae Asset Mutual Fund. Launched on 11 Aug 2021, the fund aims Short term savings. Investments predominantly in money market instruments. It manages assets worth ₹4,397.6 crore as on Sun May 31, 2026. The expense ratio stands at 0.1%. Fund Manager Manager EducationAbout Mirae Asset Money Market Fund Direct-growth
The portfolio allocation consists of 94.94% in debt instruments, 5.06% in other assets or cash equivalents.Managed by Amit Modani, it has delivered a return of 6.15% in the last year, a total return since inception of 6.48%.
For those looking to make well-planned financial choices it makes sense to also compare best sip to invest that align with financial planning needs.
Key Metrics of Mirae Asset Money Market Fund Direct-growth
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Standard Deviation0.46%
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Sharpe Ratio2.48%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Tata Money Market Fund Direct-growth  |
₹33,030 | 0.73% | 1.76% | 6.35% | 7.49% | 6.68% |
| Tata Money Market Fund Direct-idcw Daily |
₹33,030 | 0.73% | 1.76% | 6.35% | 7.49% | 6.68% |
| Nippon India Money Market Fund Direct-growth |
₹21,263 | 0.73% | 1.72% | 6.22% | 7.38% | 6.58% |
| Nippon India Money Market Fund Direct-idcw Daily |
₹21,263 | 0.73% | 1.72% | 6.22% | 7.38% | 6.58% |
| Nippon India Money Market Fund Direct-idcw Monthly |
₹21,263 | 0.73% | 1.72% | 6.22% | 7.38% | 6.58% |
| Nippon India Money Market Fund Direct-idcw Quarterly |
₹21,263 | 0.73% | 1.72% | 6.22% | 7.38% | 6.58% |
| Nippon India Money Market Fund Direct-idcw Weekly |
₹21,263 | 0.73% | 1.72% | 6.22% | 7.38% | 6.58% |
| Axis Money Market Fund Direct-growth |
₹18,185 | 0.73% | 1.73% | 6.29% | 7.41% | 6.58% |
| Axis Money Market Fund Direct-idcw Daily |
₹18,185 | 0.73% | 1.73% | 6.29% | 7.41% | 6.58% |
| Axis Money Market Fund Direct-idcw Monthly |
₹18,185 | 0.73% | 1.73% | 6.29% | 7.41% | 6.58% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Mirae Asset Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
|
Mirae Asset Money Market Fund Regular-growth
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₹4,398 | 0.70% | 1.63% | 2.83% | 5.81% | 6.99% |
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Mirae Asset Money Market Fund Direct-idcw
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₹4,398 | 0.73% | 1.71% | 3.00% | 6.15% | 7.35% |
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Mirae Asset Money Market Fund Regular-idcw
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₹4,398 | 0.70% | 1.63% | 2.83% | 5.81% | 6.99% |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| SBI Savings Fund-growth |
₹34,349 | ₹43.81 | 6.79% | 5.96% | 6.24% |
| SBI Savings Fund Direct-growth |
₹34,349 | ₹47.18 | 7.28% | 6.47% | 6.84% |
| SBI Savings Fund-idcw Daily |
₹34,349 | ₹14.28 | 6.79% | 5.96% | 6.24% |
| SBI Savings Fund Direct-idcw Daily |
₹34,349 | ₹14.73 | 7.28% | 6.47% | 6.84% |
| SBI Savings Fund-idcw Monthly |
₹34,349 | ₹17.27 | 6.79% | 5.96% | 6.24% |
| SBI Savings Fund Direct-idcw Monthly |
₹34,349 | ₹18.70 | 7.28% | 6.47% | 6.84% |
| SBI Savings Fund-idcw Weekly |
₹34,349 | ₹16.22 | 6.79% | 5.96% | 6.24% |
| SBI Savings Fund Direct-idcw Weekly |
₹34,349 | ₹16.95 | 7.28% | 6.47% | 6.84% |
| Tata Money Market Fund Regular-growth |
₹33,030 | ₹5,009.94 | 7.23% | 6.41% | 5.85% |
| Tata Money Market Fund Direct-growth |
₹33,030 | ₹5,115.75 | 7.49% | 6.68% | 6.05% |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Government Of India 37079 364 Days Tbill 11fb27 Fv Rs 100 | Financial | 6.55% | ₹288.08 Cr |
| Kotak Mahindra Bank Limited Cd 05mar27 | Financial | 4.29% | ₹188.85 Cr |
| Repo | Unspecified | 3.52% | ₹154.70 Cr |
| Bharti Telecom Limited 351d Cp 26feb27 | Technology | 3.21% | ₹141.14 Cr |
| Torrent Pharmaceuticals Ltd 337d Cp 22dec26 | Healthcare | 2.72% | ₹119.64 Cr |
| Punjab National Bank Cd 04mar27 | Financial | 2.68% | ₹118.04 Cr |
| Bajaj Housing Finance Limited 91d Cp 09jul26 | Financial | 2.26% | ₹99.25 Cr |
| Government Of India 37176 182 Days Tbill 03sp26 Fv Rs 100 | Financial | 2.24% | ₹98.59 Cr |
| Tata Projects Limited 304d Cp 11sep26 | Industrials | 2.22% | ₹97.81 Cr |
| Kotak Securities Ltd 168d Cp 25sep26 | Financial | 2.22% | ₹97.46 Cr |
| Kotak Mahindra Prime Limited 183d Cp 16oct26 | Financial | 2.21% | ₹97.07 Cr |
| Bank Of Baroda Cd 04dec26 | Financial | 2.19% | ₹96.22 Cr |
| Government Of India 37088 364 Days Tbill 19fb27 Fv Rs 100 | Financial | 2.18% | ₹95.91 Cr |
| Icici Bank Limited Cd 12feb27 | Financial | 2.16% | ₹94.83 Cr |
| Bank Of Baroda Cd 12feb27 | Financial | 2.16% | ₹94.79 Cr |
| Bajaj Housing Finance Limited 365d Cp 23feb27 | Financial | 2.15% | ₹94.48 Cr |
| Canara Bank Cd 02mar27 | Financial | 2.15% | ₹94.47 Cr |
| Canara Bank Cd 04mar27 | Financial | 2.15% | ₹94.44 Cr |
| National Bank For Financing Infrastructure And Development Cd 04mar27 | Financial | 2.15% | ₹94.44 Cr |
| Embassy Office Parks Reit 347d Cp 23mar27 | Real Estate | 2.13% | ₹93.74 Cr |
Top Debt Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Tata Money Market Fund Direct-growth |
₹5,115.75 | 7.49% | 6.68% | - |
| Tata Money Market Fund Direct-idcw Daily |
₹1,114.52 | 7.49% | 6.68% | - |
| Nippon India Money Market Fund Direct-growth |
₹4,466.07 | 7.38% | 6.58% | - |
| Nippon India Money Market Fund Direct-idcw Daily |
₹1,006.24 | 7.38% | 6.58% | - |
| Nippon India Money Market Fund Direct-idcw Monthly |
₹1,031.29 | 7.38% | 6.58% | - |
| Nippon India Money Market Fund Direct-idcw Quarterly |
₹1,028.66 | 7.38% | 6.58% | - |
| Nippon India Money Market Fund Direct-idcw Weekly |
₹1,008.63 | 7.38% | 6.58% | - |
| Axis Money Market Fund Direct-growth |
₹1,534.96 | 7.41% | 6.58% | - |
| Axis Money Market Fund Direct-idcw Daily |
₹1,005.61 | 7.41% | 6.58% | - |
| Axis Money Market Fund Direct-idcw Monthly |
₹1,016.37 | 7.41% | 6.58% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Mirae Asset Money Market Fund Direct-growth
What is the current AUM of Mirae Asset Money Market Fund Direct-growth?
As of Sun May 31, 2026, Mirae Asset Money Market Fund Direct-growth manages assets worth ₹4,397.6 crore
How has Mirae Asset Money Market Fund Direct-growth performed recently?
- 3 Months: 1.71%
- 6 Months: 3.00%
What is the long-term performance of Mirae Asset Money Market Fund Direct-growth?
- 3 Years CAGR: 7.35%
- Since Inception: 6.48%
What is the portfolio composition of Mirae Asset Money Market Fund Direct-growth?
Debt: 94.94%, Others: 5.06%.
Who manages Mirae Asset Money Market Fund Direct-growth?
Mirae Asset Money Market Fund Direct-growth is managed by Amit Modani from Mirae Asset Mutual Fund.
Which are the top companies Mirae Asset Money Market Fund Direct-growth has invested in?
- GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 – 6.55% of the fund's portfolio
- KOTAK MAHINDRA BANK LIMITED CD 05MAR27 – 4.29% of the fund's portfolio
- Repo – 3.52% of the fund's portfolio
- BHARTI TELECOM LIMITED 351D CP 26FEB27 – 3.21% of the fund's portfolio
- TORRENT PHARMACEUTICALS LTD 337D CP 22DEC26 – 2.72% of the fund's portfolio
Which are the major sectors Mirae Asset Money Market Fund Direct-growth focuses on?
- Financial – 39.73% of the fund's portfolio
- Unspecified – 3.52% of the fund's portfolio
- Technology – 3.21% of the fund's portfolio
- Healthcare – 2.72% of the fund's portfolio
- Industrials – 2.22% of the fund's portfolio
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