Debt · Money Market

Mirae Asset Money Market Fund

Mirae Asset Investment Managers (India) Pvt. Ltd

Benchmark

NIFTY Money Market Index A-I

Riskometer

Low to Moderate

Size

₹3,647 cr

Allotted

11 Aug 2021

Holdings as of

30 Sep 2026

Mirae Asset Money Market Fund is a money market fund of Mirae Asset Investment Managers (India) Pvt. Ltd with ₹3,647 cr under management. It is ahead of its benchmark (NIFTY Money Market Index A-I) in 2 of 3 periods. Its direct plan charges 0.11% a year. Pranavi Kulkarni has managed it for 0.7 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is Mirae Asset Money Market Fund invested in?

119% in debt, 0% in shares and -20% in cash, as of 30 Sep 2026.

Equity0.0%Debt119.1%Cash-19.5%Other0.4%

Holdings as of 30 Sep 2026

Has Mirae Asset Money Market Fund beaten its benchmark?

Ahead of its benchmark, NIFTY Money Market Index A-I, in 2 of 3 periods in AMFI's figures; +6.47% over the last year against +6.51%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.50%	−3.60%	—
3 months	+1.77%	−5.03%	—
6 months	+3.27%	−1.83%	—
1 year	+6.44%	−4.06%	+10.50 pts
3 years	+7.40%	+9.27%	−1.87 pts
5 years	+6.65%	+8.00%	−1.35 pts
10 years	—	+12.69%	—
Since start from 12 Aug 2021	+6.54%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (NIFTY Money Market Index A-I) in 2 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.47%	+6.13%	+6.51%	−0.04	🔒
3y	+7.39%	+7.04%	+7.11%	+0.28	🔒
5y	+6.65%	+6.28%	+6.48%	+0.17	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Money Market funds, and how steady the lead is, in the app

Value of 100, month-end

Aug 2021 to 14 Oct 2026

Fund 138Nifty 500 TRI 159

₹100 put in at the start of Aug 2021 would be ₹138 on 14 Oct 2026, against ₹159 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Mirae Asset Money Market Fund cost?

0.11% a year on the direct plan, 0.42% on the regular plan; 0 of 27 funds in its category charge less.

Direct plan

0.11% a year

Category median 0.17%

Regular plan

0.42% a year

Category median 0.40%

Gap

0.31 points

for the same holdings

0 of 27 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Income/Debt Oriented Schemes - Money Market Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Mirae Asset Money Market Fund?

Pranavi Kulkarni, since 5 Feb 2026.

Pranavi Kulkarni

Primary

0.7 years

since 5 Feb 2026

Benchmark as filedNifty Money Market Index A-I

Exit load

NIL

From 5 Scheme Summary Documents filed with NSE, first on 12 May 2026; as on 4 Oct 2026

Questions people ask

Who manages Mirae Asset Money Market Fund?

Pranavi Kulkarni (Primary) since 5 Feb 2026.

What is the expense ratio of Mirae Asset Money Market Fund?

0.11% a year on the direct plan and 0.42% on the regular plan (expense report, Oct 2026).

How has Mirae Asset Money Market Fund done?

Its direct plan returned +7.39% a year over 3 years against +7.11% for its benchmark, NIFTY Money Market Index A-I, as of 13 Oct 2026.