Mirae Asset Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 10
Rating
Growth Option 21-02-2025
NAV ₹1224.43(R) +0.02% ₹1240.27(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 7.5% 6.39% -% -% -%
Direct 7.87% 6.77% -% -% -%
Benchmark
SIP (XIRR) Regular 7.35% 7.02% -% -% -%
Direct 7.7% 7.39% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-1.13 -0.34 0.63 3.98% -0.02
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.43% 0.0% 0.0% 0.27 0.34%
Top Money Market Fund
Fund Name Rank Rating
Uti Money Market Fund 1
Aditya Birla Sun Life Money Manager Fund 2
Nippon India Money Market Fund 3
Axis Money Market Fund 4

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Money Market Fund Regular IDCW 1224.4
0.2200
0.0200%
Mirae Asset Money Market Fund Regular Growth 1224.43
0.2200
0.0200%
Mirae Asset Money Market Fund Direct IDCW 1238.22
0.2400
0.0200%
Mirae Asset Money Market Fund Direct Growth 1240.27
0.2400
0.0200%

Review Date: 21-02-2025


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.61
0.60
0.47 | 0.63 12 | 22 Good
3M Return % 1.75
1.70
1.43 | 1.79 9 | 22 Good
6M Return % 3.62
3.50
2.82 | 3.68 9 | 22 Good
1Y Return % 7.50
7.30
5.91 | 7.72 9 | 22 Good
3Y Return % 6.39
6.43
5.51 | 6.84 11 | 18 Average
1Y SIP Return % 7.35
7.13
5.74 | 7.50 9 | 22 Good
3Y SIP Return % 7.02
7.02
6.21 | 7.39 11 | 18 Average
Standard Deviation 0.43
0.49
0.39 | 0.66 3 | 17 Very Good
Semi Deviation 0.34
0.40
0.32 | 0.58 3 | 17 Very Good
Max Drawdown % 0.00
-0.05
-0.40 | 0.00 11 | 17 Average
Average Drawdown % 0.00
-0.05
-0.40 | 0.00 11 | 17 Average
Sharpe Ratio -1.13
-0.88
-2.64 | -0.11 12 | 17 Average
Sterling Ratio 0.63
0.63
0.52 | 0.68 11 | 17 Average
Sortino Ratio -0.34
-0.25
-0.62 | -0.04 12 | 17 Average
Jensen Alpha % 3.98
3.71
2.18 | 4.32 9 | 17 Good
Treynor Ratio -0.02
-0.01
-0.04 | 0.00 13 | 17 Average
Modigliani Square Measure % 12.24
11.13
7.07 | 13.00 5 | 17 Very Good
Alpha % -0.88
-0.84
-1.76 | -0.42 11 | 17 Average
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.64 0.62 0.51 | 0.64 4 | 22
3M Return % 1.83 1.79 1.54 | 1.84 2 | 22
6M Return % 3.79 3.67 3.04 | 3.79 1 | 22
1Y Return % 7.87 7.65 6.37 | 7.93 2 | 22
3Y Return % 6.77 6.78 6.49 | 7.05 12 | 18
1Y SIP Return % 7.70 7.47 6.20 | 7.71 2 | 22
3Y SIP Return % 7.39 7.37 7.11 | 7.61 11 | 18
Standard Deviation 0.43 0.49 0.39 | 0.66 3 | 17
Semi Deviation 0.34 0.40 0.32 | 0.58 3 | 17
Max Drawdown % 0.00 -0.05 -0.40 | 0.00 11 | 17
Average Drawdown % 0.00 -0.05 -0.40 | 0.00 11 | 17
Sharpe Ratio -1.13 -0.88 -2.64 | -0.11 12 | 17
Sterling Ratio 0.63 0.63 0.52 | 0.68 11 | 17
Sortino Ratio -0.34 -0.25 -0.62 | -0.04 12 | 17
Jensen Alpha % 3.98 3.71 2.18 | 4.32 9 | 17
Treynor Ratio -0.02 -0.01 -0.04 | 0.00 13 | 17
Modigliani Square Measure % 12.24 11.13 7.07 | 13.00 5 | 17
Alpha % -0.88 -0.84 -1.76 | -0.42 11 | 17
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.02 ₹ 10,002.00 0.02 ₹ 10,002.00
1W 0.13 ₹ 10,013.00 0.14 ₹ 10,014.00
1M 0.61 ₹ 10,061.00 0.64 ₹ 10,064.00
3M 1.75 ₹ 10,175.00 1.83 ₹ 10,183.00
6M 3.62 ₹ 10,362.00 3.79 ₹ 10,379.00
1Y 7.50 ₹ 10,750.00 7.87 ₹ 10,787.00
3Y 6.39 ₹ 12,042.00 6.77 ₹ 12,172.00
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 7.35 ₹ 12,474.71 7.70 ₹ 12,497.42
3Y ₹ 36000 7.02 ₹ 40,049.28 7.39 ₹ 40,273.20
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Money Market Fund NAV Regular Growth Mirae Asset Money Market Fund NAV Direct Growth
21-02-2025 1224.4267 1240.2669
20-02-2025 1224.2026 1240.0281
18-02-2025 1223.7144 1239.5101
17-02-2025 1223.4704 1239.2512
14-02-2025 1222.8337 1238.5712
13-02-2025 1222.6794 1238.4032
12-02-2025 1222.3438 1238.0516
11-02-2025 1222.1017 1237.7947
10-02-2025 1221.819 1237.4966
07-02-2025 1221.3839 1237.0209
06-02-2025 1221.3294 1236.954
05-02-2025 1220.7611 1236.3668
04-02-2025 1220.3976 1235.9869
03-02-2025 1220.0749 1235.6485
31-01-2025 1219.4334 1234.9638
30-01-2025 1219.2169 1234.7329
29-01-2025 1218.9436 1234.4444
28-01-2025 1218.6098 1234.0947
27-01-2025 1218.3287 1233.7984
24-01-2025 1217.5592 1232.9842
23-01-2025 1217.3375 1232.748
22-01-2025 1217.159 1232.5556
21-01-2025 1217.0116 1232.3947

Fund Launch Date: 08/Dec/2021
Fund Category: Money Market Fund
Investment Objective: 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.
Fund Description: An Open ended debt scheme investing in money market instruments
Fund Benchmark: Nifty Money Market Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.