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 |
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| 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 |
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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 January 31, 2022 |
82.32 Net AUM (₹ Cr.) |
79.41 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on January 31, 2022 Regular Plan: 0.66% Direct Plan: 0.26% **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. |
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| NAV: | Direct | Regular |
| Growth | ₹ 1,016.5380 | ₹ 1,014.6382 |
| IDCW | ₹ 1,016.4518 | ₹ 1,014.6418 |
| Weighted Average Maturity | 99.91 Days |
| Modified Duration | 0.27 Years |
| Macaulay Duration | 0.27 Years |
| Yield to Maturity | 4.07% |
| Portfolio Holdings | % Allocation | |
| Commercial Paper | ||
| Godrej Agrovet Ltd (16/03/2022) | 12.54% | |
| Network18 Media & Investments Ltd (30/06/2022) | 12.38% | |
| Motilal Oswal Financial Services Ltd (21/02/2022) | 6.28% | |
| IIFL Wealth Prime Ltd (25/02/2022) | 6.28% | |
| Commercial Paper Total | 37.47% | |
| Treasury Bill | ||
| 182 Days Tbill (14/07/2022) | 30.91% | |
| Treasury Bill Total | 30.91% | |
| Government Bond | ||
| 5.09% GOI (13/04/2022) | 12.63% | |
| Government Bond Total | 12.63% | |
| Certificate of Deposit | ||
| AU Small Finance Bank Ltd (01/09/2022) | 6.11% | |
| Certificate of Deposit Total | 6.11% | |
| Cash & Other Receivables Total | 12.88% | |
| Total | 100.00% | |
This product is suitable for investors who are seeking*
. Short term savings
. Investments predominantly in money market instruments
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Note : With reference to SEBI Circular no. SEBI/HO/IMD/IMD-11 DOF-3/CIR/2021/573 dated June 07, 2021 disclosure of Potential Risk Class (PRC) Matrix is provided for debt Schemes of Mirae Asset Mutual Fund.
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 