MIRAE ASSET
MONEY MARKET FUND - (MAMMF)$
(Money Market Fund - An Open ended debt scheme investing in money market instruments)
A relatively low interest rate risk and moderate credit risk
| Type of Scheme | Money Market Fund - An Open ended debt scheme investing in money market instruments A relatively low interest rate risk and moderate credit risk |
||||||||||||||||||||||||
| 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 Manager** |
Mr. Mahendra Jajoo - (since August 11, 2021) Allotment Date |
11th August 2021 Benchmark Index |
Nifty Money Market Index Minimum Investment |
Amount ₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) Monthly and Quarterly: ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option. Load Structure |
Entry load: NA Exit Load: NIL Plans Available |
Regular Plan and Direct Plan Options Available |
Growth Option and IDCW^ Option (Payout & Re-investment) Monthly Average AUM (₹ Cr.) as on November 30, 2021 |
120.69 Net AUM (₹ Cr.) |
118.74 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on November 30, 2021 Regular Plan: 0.64% Direct Plan: 0.22% **For experience of Fund Managers Click Here |
^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. |
| |||||||||||||
| NAV: | Direct | Regular |
| Growth | ₹ 1,010.4206 | ₹ 1,009.1737 |
| IDCW | ₹ 1,010.4180 | ₹ 1,009.1752 |
| Weighted Average Maturity | 92.78 Days |
| Modified Duration | 0.25 Years |
| Macaulay Duration | 0.25 Years |
| Yield to Maturity | 3.81% |
| Portfolio Holdings | % Allocation | |
| Commercial Paper | ||
| Reliance Industries Ltd (28/02/2022) | 8.35% | |
| Godrej Agrovet Ltd (16/03/2022) | 8.33% | |
| ICICI Securities Ltd (11/03/2022) | 8.33% | |
| Network18 Media & Investments Ltd (30/06/2022) | 8.22% | |
| LIC Housing Finance Ltd (12/08/2022) | 8.16% | |
| NABARD (12/01/2022) | 4.19% | |
| IIFL Wealth Prime Ltd (25/02/2022) | 4.16% | |
| Commercial Paper Total | 49.74% | |
| Treasury Bill | ||
| 182 Days Tbill (16/12/2021) | 8.41% | |
| 182 Days Tbill (30/12/2021) | 8.40% | |
| Treasury Bill Total | 16.81% | |
| Certificate of Deposit | ||
| RBL Bank Ltd (28/02/2022) | 10.01% | |
| Certificate of Deposit | 10.01% | |
| Government Bond | ||
| 5.09% GOI (13/04/2022) | 8.46% | |
| Government Bond Total | 8.46% | |
| Cash & Other Receivables Total | 14.98% | |
| Total | 100.00% | |
This product is suitable for investors who are seeking*
. Short term savings
. Investments predominantly in money market instruments
• Degree of risk - Moderate
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Since the scheme is in existence for less than 6 Month, as per SEBI regulation performance of the scheme has not been shown. The performance of other funds managed by the same fund manager is given in the respective page of the schemes and on 