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Money Market📊 NIFTY Money Market Index(SEBI default)

Mirae Asset Money Market Fund · Regular · Growth

Mirae Asset Mutual Fund

#21 of 27 (1Y)

NAV

₹1340.3807

as of 15 Jul 2026

Expense Ratio

0.41%

AUM

₹3,478 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.78%
3Y
+7.01%
5Y
Since Inception
+6.09%

SIP returns (XIRR)

1Y
+5.97%
3Y
+6.79%
5Y
Since Inception
+6.68%

Returns calculated from 01 August 2021 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.

What history actually did — last 3 years (Jul 2023 – Jul 2026)

A ₹5,000 monthly SIP for the last 3 years (Jul 2023 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹1,98,502 today ₹1,80,000 invested, 6.8% XIRR.

₹1,80,000

Invested

₹1,98,502

Value today

6.8%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 3 years (Jul 2023 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 3 years ago would be ₹1,22,467 today (7.0% CAGR).

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 3 years (Jul 2023 – Jul 2026) (3 Jun 2024) would be ₹1,15,218 today (1.15×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

1.09

Sharpe Ratio

Alpha

Beta

1.36

Sortino

0.49%

Std Dev

-0.16%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryMoney Market
BenchmarkNIFTY Money Market Index
Launch Date01 Aug 2021
AMFI Code149115
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 31 May 2026
Holding% NAV

Investment Objective

Mirae Asset Money Market Fund · Regular · Growth by Mirae Asset Mutual Fund is a Money Market fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Money Market category.

About This Fund

Mirae Asset Money Market Fund · Regular · Growth is a Money Market mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹3,478 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY Money Market Index. The current expense ratio is 0.41%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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