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Mirae Asset Money Market Fund
Get the latest NAV of Mirae Asset Money Market Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1328.86
NAV as on 13 Feb 2026
6.51%/per year
Since Inception
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118 people have invested ₹ 96.6L in Mirae Asset Money Market Fund in the last three months
Mirae Asset Money Market Fund Performance vs. Money Market Index
Fund returns vs Benchmark returns vs Category Average returns as on (13-Feb-26)
The fund has outperformed the benchmark (Money Market Index) over 1Y, 3Y, but underperformed over 5Y.
Mirae Asset Money Market Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 16 out of 18 mutual funds in the money market category as per INDmoney.
Mirae Asset Money Market Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Money Market Fund Asset Allocation
See fund asset allocation details as on (14-Jan-26)
Fund Distribution
as on (14-Jan-26)
Mirae Asset Money Market Fund Sector Allocation
See fund sector allocation details as on (14-Jan-26)
Sector Allocation
Top 2 Sectors in December were Corporate, Government
Corporate
46%
Government
16%
Corporate
40%
Government
22%
Mirae Asset Money Market Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.08% |
Benchmark | Nifty Money Market TR INR |
| AUM | ₹3573 Cr |
| Inception Date | 11 August, 2021 |
| Min Lumpsum/SIP | ₹5,000/₹99 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 585.65% |
| Risk |   Low to Moderate Risk |
About Mirae Asset Money Market Fund
Mirae Asset Money Market Fund is a debt fund. This fund was started on 11 August, 2021. The fund is managed by Pranavi Kulkarni. This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Money Market Fund has ₹3573 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Mirae Asset Money Market Fund has given a CAGR return of 6.51% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.30% and 7.50% respectively.
Holdings
Mirae Asset Money Market Fund has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Union Bank Of India, 05/03/2026 Maturing 364 DTB, ICICI Securities Ltd, Canara Bank, State Bank Of India
Taxation
As it is a money market mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Mirae Asset Money Market Fund
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Money Market Fund has no lock in period.
Fund Manager
Pranavi Kulkarni
Fund Manager of Mirae Asset Money Market Fund, since 5 February 2026
- AUM of the fund stands at 3.6K Cr as of Dec'25
- AUM has remained same between Dec'25 and Nov'25
Frequently Asked Questions for Mirae Asset Money Market Fund
How do I invest in Mirae Asset Money Market Fund?
- Download the INDmoney app.
- Search for ‘Mirae Asset Money Market Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.