What is the NAV of Mirae Asset Money Market Fund?

₹1,374.19 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.

What is the expense ratio of Mirae Asset Money Market Fund?

0.08% a year for the Direct plan, as of 30 Jun 2026.

How large is Mirae Asset Money Market Fund?

₹3,814 crore under management as of 30 Jun 2026, in the Money Market Fund category.

How risky is Mirae Asset Money Market Fund?

Its SEBI Riskometer reading is "Low to Moderate Risk". Parking money for days to months. Much of it is corporate treasuries, not households.

What are the 5-year returns of Mirae Asset Money Market Fund?

6.54% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.

What is the worst 3-year return of Mirae Asset Money Market Fund?

6.0% a year — the weakest of 25 overlapping 3-year holding periods, beginning 12 Aug 2021. The median was 7.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.

Who manages Mirae Asset Money Market Fund?

Pranavi Kulkarni, managing this fund for 0.5 years.

Mirae Asset Money Market Fund

Mirae Asset Mutual FundDirectOpen-endedMoney Market FundRiskometer: Low to Moderate Risk

NAV

₹1,374.19

as of 21 Aug 2026

Mirae Asset Money Market Fund is an open-ended Money Market Fund scheme from Mirae Asset Mutual Fund managing ₹3,814 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹1,374.19 as of 21 Aug 2026. The expense ratio is 0.08% a year. Managed by Pranavi Kulkarni. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio: 0.08% / yr; as of 30 Jun 2026
Fund size: ₹3,814 crore; as of 30 Jun 2026
Exit load: None
SIP available: Yes
Launched: 11 Aug 2021
ISIN: INF769K01HN8

₹100 invested, fund vs category

The category line is the average of the funds in this category, built from NYVO’s own NAV data.

Rebased to 100data to 20 Aug 2026

Aug 2021Aug 2026

Mirae Asset Money Market Fund

₹137

+37% on ₹100 over 5.0 yrs

Money Market Fund average

₹132

+32% on ₹100 over 5.0 yrs

Returns vs category

Window	Fund	Category avg	Gap
3 months	2.16%	–	–
6 months	3.27%	–	–
1 year	6.34%	–	–
3 years (CAGR)	7.41%	–	–
5 years (CAGR)	6.54%	–	–

No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Risk, measured

Sharpe ratio (3Y): 1.62
Sortino ratio (3Y): 4.27 vs category 2.19
Standard deviation (3Y): 0.56%

Where the money actually is

Bonds

20.4%

Cash

79.3%

Other

0.3%

Whole-portfolio split, as of 15 Jul 2026.

What it owns

66 positions · top 10 = 38.3%

Top holdings

India (Republic of)matures 11 Feb 20277.90%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)matures 3 May 20275.20%
Bharti Telecom Limitedmatures 26 Feb 20273.89%
National Bank for Agriculture and Rural Developmentmatures 17 Mar 20273.89%
Torrent Pharmaceuticals Ltdmatures 22 Dec 20263.29%
Punjab National Bankmatures 3 Apr 20273.25%
Net Receivables / (Payables)3.00%
Kotak Mahindra Prime Limitedmatures 16 Oct 20262.67%
Tbillmatures 19 Feb 20272.63%
ICICI Bank Limitedmatures 2 Dec 20272.61%

Holdings as of 15 Jul 2026. Portfolio turnover 585.6% a year.

Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.

The debt it holds

Yield to maturity: 6.74% vs category 6.83%
Modified duration: 0.56 yrs vs category 0.52 yrs
Average maturity: 0.59 yrs vs category 0.54 yrs
Government securities: 24.8%

Credit quality

AAA: 100.0%

Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.

Portfolio characteristics as of 15 Jul 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.

Money in, money out

Net flow, 12 months: +₹1,153 cr
Net flow, 3 months: +₹388 cr

as of 30 Jun 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of Mirae Asset Money Market Fund?: ₹1,374.19 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of Mirae Asset Money Market Fund?: 0.08% a year for the Direct plan, as of 30 Jun 2026.
How large is Mirae Asset Money Market Fund?: ₹3,814 crore under management as of 30 Jun 2026, in the Money Market Fund category.
How risky is Mirae Asset Money Market Fund?: Its SEBI Riskometer reading is "Low to Moderate Risk". Parking money for days to months. Much of it is corporate treasuries, not households.
What are the 5-year returns of Mirae Asset Money Market Fund?: 6.54% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.
What is the worst 3-year return of Mirae Asset Money Market Fund?: 6.0% a year — the weakest of 25 overlapping 3-year holding periods, beginning 12 Aug 2021. The median was 7.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
Who manages Mirae Asset Money Market Fund?: Pranavi Kulkarni, managing this fund for 0.5 years.

Where this fund sits

Its shelf, all funds

Ln · Liquid & money market →

Parking money for days to months. Much of it is corporate treasuries, not households.

The money map

How big this shelf is in India →

The whole industry sized by real money, from AMFI’s monthly data.

Side by side

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Other Money Market Fund funds

Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.