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Mirae Asset Money Market Fund Direct-idcw
Debt
Low to Moderate Risk
Latest AUM
₹ 3,351.4 Cr.
NAV as on 27 jul, 2026
₹ 1,365.70
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
Mirae Asset Money Market Fund Direct-idcw
Inception Date
11 Aug 2021
Lock In
No Lock-in
Risk
Principal at low to moderate risk
Category Average Annual Returns
7.96
Portfolio Composition Analysis
Debt
100.74%
Portfolio Updated on: 08 Jul, 2026
Sector Allocations
Debt
Financial
Healthcare
Technology
Real Estate
Industrials
Portfolio Updated on: 27 jul, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 | Financial | Treasury Bills | 1.00% |
| GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 | Financial | Treasury Bills | 1.00% |
| GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 | Financial | Treasury Bills | 1.00% |
| GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 | Financial | Treasury Bills | 1.00% |
| GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 | Financial | Treasury Bills | 8.53% |
| PUNJAB NATIONAL BANK CD 18MAR26 | Financial | Certificate of Deposit | 5.56% |
| UNION BANK OF INDIA CD 01JUN26 | Financial | Certificate of Deposit | 5.76% |
| GOVERNMENT OF INDIA 35673 364 DAYS TBILL 05MR26 FV RS 100 | Financial | Treasury Bills | 5.17% |
| PUNJAB NATIONAL BANK CD 18MAR26 | Financial | Certificate of Deposit | 6.96% |
| GOVERNMENT OF INDIA 35673 364 DAYS TBILL 05MR26 FV RS 100 | Financial | Treasury Bills | 5.72% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 2.87% |
| Standard Deviation | 0.39% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 1.69% | NA | 1.75% |
| 6 Months | 3.32% | NA | 4.16% |
| 9 Months | 4.71% | NA | 6.00% |
| 1 Year | 6.23% | 6.23% | 7.96% |
| 2 Years | 15.05% | 7.26% | 7.76% |
| 3 Years | 23.81% | 7.38% | 7.48% |
Mirae Asset Money Market Fund Direct-idcw is one Debt mutual fund offered by Mirae Asset Mutual Fund. Launched on 11 Aug 2021, the fund aims Short term savings. Investments predominantly in money market instruments. It manages assets worth ₹3,351.4 crore as on Tue Mar 31, 2026. The expense ratio stands at 0.08%.
Amit Modani has experience Prior to joining Mirae Asset Mutual Fund, he has worked with BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Tata Money Market Fund Direct-growth | 32,382.4 | +0.62% | +1.72% | +3.46% | +6.44% | +7.52% | +6.75% |
| Tata Money Market Fund Direct-idcw Daily | 32,382.4 | +0.62% | +1.72% | +3.46% | +6.44% | +7.52% | +6.75% |
| Nippon India Money Market Fund Direct-growth | 19,419.7 | +0.61% | +1.71% | +3.39% | +6.31% | +7.41% | +6.67% |
| Nippon India Money Market Fund Direct-growth | 19,419.7 | +0.61% | +1.71% | +3.39% | +6.31% | +7.41% | +6.67% |
| Nippon India Money Market Fund Direct-idcw Daily | 19,419.7 | +0.61% | +1.71% | +3.39% | +6.31% | +7.41% | +6.67% |
| Nippon India Money Market Fund Direct-idcw Daily | 19,419.7 | +0.61% | +1.71% | +3.39% | +6.31% | +7.41% | +6.67% |
| Nippon India Money Market Fund Direct-idcw Monthly | 19,419.7 | +0.61% | +1.71% | +3.39% | +6.31% | +7.41% | +6.67% |
| Nippon India Money Market Fund Direct-idcw Monthly | 19,419.7 | +0.61% | +1.71% | +3.39% | +6.31% | +7.41% | +6.67% |
| Nippon India Money Market Fund Direct-idcw Quarterly | 19,419.7 | +0.61% | +1.71% | +3.39% | +6.31% | +7.41% | +6.67% |
| Nippon India Money Market Fund Direct-idcw Quarterly | 19,419.7 | +0.61% | +1.71% | +3.39% | +6.31% | +7.41% | +6.67% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from Mirae Asset Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Mirae Asset Money Market Fund Direct-growth | 3,351.4 | +0.58% | +1.69% | +3.32% | +6.23% | +7.38% | — |
| Mirae Asset Money Market Fund Regular-growth | 3,351.4 | +0.56% | +1.61% | +3.16% | +5.89% | +7.02% | — |
| Mirae Asset Money Market Fund Regular-idcw | 3,351.4 | +0.56% | +1.61% | +3.16% | +5.89% | +7.02% | — |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| SBI Savings Fund-growth | 34,892.1 | +0.55% | +1.56% | +3.06% | +5.78% | +6.82% | +6.04% |
| SBI Savings Fund Direct-growth | 34,892.1 | +0.59% | +1.66% | +3.26% | +6.20% | +7.30% | +6.56% |
| SBI Savings Fund-growth | 34,892.1 | +0.55% | +1.56% | +3.06% | +5.78% | +6.82% | +6.04% |
| SBI Savings Fund Direct-growth | 34,892.1 | +0.59% | +1.66% | +3.26% | +6.20% | +7.30% | +6.56% |
| SBI Savings Fund Direct-idcw Daily | 34,892.1 | +0.59% | +1.66% | +3.26% | +6.20% | +7.30% | +6.56% |
| SBI Savings Fund-idcw Daily | 34,892.1 | +0.55% | +1.56% | +3.06% | +5.78% | +6.82% | +6.04% |
| SBI Savings Fund Direct-idcw Daily | 34,892.1 | +0.59% | +1.66% | +3.26% | +6.20% | +7.30% | +6.56% |
| SBI Savings Fund Direct-idcw Monthly | 34,892.1 | +0.59% | +1.66% | +3.26% | +6.20% | +7.30% | +6.56% |
| SBI Savings Fund-idcw Monthly | 34,892.1 | +0.55% | +1.56% | +3.06% | +5.78% | +6.82% | +6.04% |
| SBI Savings Fund-idcw Monthly | 34,892.1 | +0.55% | +1.56% | +3.06% | +5.78% | +6.82% | +6.04% |
Top funds are based on Fund AUM
Top Debt Funds
| Fund name | ||||
|---|---|---|---|---|
| Tata Money Market Fund Direct-growth | ₹5,160.11 | +7.52% | +6.75% | — |
| Tata Money Market Fund Direct-idcw Daily | ₹1,114.52 | +7.52% | +6.75% | — |
| Nippon India Money Market Fund Direct-growth | ₹4,504.89 | +7.41% | +6.67% | — |
| Nippon India Money Market Fund Direct-growth | ₹4,504.89 | +7.41% | +6.67% | — |
| Nippon India Money Market Fund Direct-idcw Daily | ₹1,006.30 | +7.41% | +6.67% | — |
| Nippon India Money Market Fund Direct-idcw Daily | ₹1,006.30 | +7.41% | +6.67% | — |
| Nippon India Money Market Fund Direct-idcw Monthly | ₹1,029.29 | +7.41% | +6.67% | — |
| Nippon India Money Market Fund Direct-idcw Monthly | ₹1,029.29 | +7.41% | +6.67% | — |
| Nippon India Money Market Fund Direct-idcw Quarterly | ₹1,020.58 | +7.41% | +6.67% | — |
| Nippon India Money Market Fund Direct-idcw Quarterly | ₹1,020.58 | +7.41% | +6.67% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 27 Jul 2026 | ₹1,365.70 |
| 24 Jul 2026 | ₹1,364.68 |
| 23 Jul 2026 | ₹1,364.30 |
| 22 Jul 2026 | ₹1,364.00 |
| 21 Jul 2026 | ₹1,363.96 |
| 20 Jul 2026 | ₹1,363.27 |
| 17 Jul 2026 | ₹1,362.96 |
| 16 Jul 2026 | ₹1,362.24 |
| 15 Jul 2026 | ₹1,361.65 |
| 14 Jul 2026 | ₹1,361.41 |
| 13 Jul 2026 | ₹1,362.25 |
| 10 Jul 2026 | ₹1,361.90 |
| 09 Jul 2026 | ₹1,361.60 |
| 08 Jul 2026 | ₹1,360.86 |
| 07 Jul 2026 | ₹1,361.57 |
| 06 Jul 2026 | ₹1,362.43 |
| 03 Jul 2026 | ₹1,361.96 |
| 02 Jul 2026 | ₹1,362.04 |
| 01 Jul 2026 | ₹1,361.22 |
| 30 Jun 2026 | ₹1,360.26 |
| 29 Jun 2026 | ₹1,359.45 |
| 25 Jun 2026 | ₹1,357.76 |
| 24 Jun 2026 | ₹1,356.69 |
| 23 Jun 2026 | ₹1,355.88 |
| 22 Jun 2026 | ₹1,355.58 |
| 19 Jun 2026 | ₹1,354.77 |
| 18 Jun 2026 | ₹1,354.61 |
| 17 Jun 2026 | ₹1,354.21 |
| 15 Jun 2026 | ₹1,352.98 |
| 12 Jun 2026 | ₹1,351.68 |
Portfolio Updated on: 28 Jul, 2026
Fund Growth & Size Analysis
+₹3,351.4 Cr
Since Launch
This Fund
Category Average
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Mirae Asset Money Market Fund Direct-idcw FAQ'S
- Sharpe Ratio: 2.87%
- Standard Deviation: 0.39%
As of Tue Mar 31, 2026, the total assets managed under Mirae Asset Money Market Fund Direct-idcw stand at approximately ₹ 3,351.4 crore.
The Mirae Asset Money Market Fund Direct-idcw has delivered the following short-term performance:
- 3 Months Return: 1.69%
- 6 Months Return: 3.32%
The historical growth of the Mirae Asset Money Market Fund Direct-idcw is reflected through its CAGR returns:
- 3 Year CAGR: 7.38%
- Return Since Launch: 6.52%
The portfolio of Mirae Asset Money Market Fund Direct-idcw is distributed across different asset classes as follows:
- Debt Instruments: 100.74%
The Mirae Asset Money Market Fund Direct-idcw is managed by Amit Modani, representing Mirae Asset Mutual Fund.
Top stock holdings of Mirae Asset Money Market Fund Direct-idcw include:
- GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 – represents 1.00% of the portfolio
- GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 – represents 1.00% of the portfolio
- GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 – represents 1.00% of the portfolio
- GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 – represents 1.00% of the portfolio
- GOVERNMENT OF INDIA 37079 364 DAYS TBILL 11FB27 FV RS 100 – represents 8.53% of the portfolio
- PUNJAB NATIONAL BANK CD 18MAR26 – represents 5.56% of the portfolio
- UNION BANK OF INDIA CD 01JUN26 – represents 5.76% of the portfolio
- GOVERNMENT OF INDIA 35673 364 DAYS TBILL 05MR26 FV RS 100 – represents 5.17% of the portfolio
- PUNJAB NATIONAL BANK CD 18MAR26 – represents 6.96% of the portfolio
- GOVERNMENT OF INDIA 35673 364 DAYS TBILL 05MR26 FV RS 100 – represents 5.72% of the portfolio
Major sector exposures in Mirae Asset Money Market Fund Direct-idcw are:
- Financial – accounts for 838.36% of the portfolio
- Healthcare – accounts for 15.45% of the portfolio
- Technology – accounts for 12.18% of the portfolio
- Real Estate – accounts for 4.00% of the portfolio
- Industrials – accounts for 2.00% of the portfolio
