Mirae Asset Money Market Fund Direct Growth

Q: What kind of returns does Mirae Asset Money Market Fund Direct Growth provide?

Mirae Asset Money Market Fund Direct Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Mirae Asset Money Market Fund Direct Growth had a return of 8.41% over the past 1 year.

Q: How much expense ratio is charged by Mirae Asset Money Market Fund Direct Growth?

The expense ratio for Mirae Asset Money Market Fund Direct Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 04 Jul 2025, the expense ratio charged by Mirae Asset Money Market Fund Direct Growth is typically around undefined %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Mirae Asset Money Market Fund Direct Growth?

As of 04 Jul 2025, the Assets Under Management (AUM) of Mirae Asset Money Market Fund Direct Growth is approximately ₹2555.6396 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Mirae Asset Money Market Fund Direct Growth?

The Net Asset Value (NAV) of Mirae Asset Money Market Fund Direct Growth is updated daily and reflects the per-unit value of the fund's assets. As of 04 Jul 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Mirae Asset Money Market Fund Direct Growth?

The PE ratio for Mirae Asset Money Market Fund Direct Growth is 0 and the PB ratio is 0. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Mirae Asset Money Market Fund Direct Growth?

The exit load for Mirae Asset Money Market Fund Direct Growth is undefined% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Debt

NAV

₹ 1282.99

CAGR (3 Years)

7.46%

AUM (Cr)

₹ 2,555.64

Risk

Low to Moderate Risk

About Mirae Asset Money Market Fund Direct Growth

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.