Mirae Asset Money Market Fund Datagrid
Category Money Market Fund
BMSMONEY Rank 12
Rating
Growth Option 27-01-2026
NAV ₹1303.04(R) +0.07% ₹1323.94(D) +0.07%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.95% 7.09% -% -% -%
Direct 7.31% 7.47% -% -% -%
Benchmark
SIP (XIRR) Regular 6.1% 7.02% -% -% -%
Direct 6.44% 7.38% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.05 5.85 0.71 5.93% 0.14
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.34% 0.0% 0.0% 0.1 0.22%
Fund AUM As on: 30/12/2025 3334 Cr
Top Money Market Fund
Fund Name Rank Rating
Uti Money Market Fund 1
Axis Money Market Fund 2
Aditya Birla Sun Life Money Manager Fund 3
Nippon India Money Market Fund 4
Tata Money Market Fund 5

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Money Market Fund Regular IDCW 1303.03
0.8800
0.0700%
Mirae Asset Money Market Fund Regular Growth 1303.04
0.8800
0.0700%
Mirae Asset Money Market Fund Direct IDCW 1321.75
0.9400
0.0700%
Mirae Asset Money Market Fund Direct Growth 1323.94
0.9400
0.0700%

Review Date: 27-01-2026

Beginning of Analysis

Mirae Asset Money Market Fund is the 11th ranked fund in the Money Market Fund category. The category has total 20 funds. The Mirae Asset Money Market Fund has shown an average past performence in Money Market Fund. The fund has a Jensen Alpha of 5.93% which is higher than the category average of 5.92%. Here the fund has shown average performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.05 which is lower than the category average of 4.07.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Money Market Mutual Funds are ideal for investors seeking a safe, liquid, and low-risk investment option for short-term cash management. These funds invest in high-quality, short-term money market instruments with a maturity of up to 1 year, offering quick redemption (within 1 business day) and stable returns. While they provide better returns than savings accounts, they may underperform compared to other debt funds with longer maturities. Investors should consider their liquidity needs, risk tolerance, and investment horizon before investing in Money Market Funds. Additionally, the absence of a lock-in period makes them a flexible choice for managing short-term financial goals.

Mirae Asset Money Market Fund Return Analysis

  • The fund has given a return of 0.32%, 1.34 and 2.8 in last one, three and six months respectively. In the same period the category average return was 0.34%, 1.36% and 2.84% respectively.
  • Mirae Asset Money Market Fund has given a return of 7.31% in last one year. In the same period the Money Market Fund category average return was 7.26%.
  • The fund has given a return of 7.47% in last three years and ranked 11.0th out of 21 funds in the category. In the same period the Money Market Fund category average return was 7.43%.
  • The fund has given a SIP return of 6.44% in last one year whereas category average SIP return is 6.46%. The fund one year return rank in the category is 16th in 22 funds
  • The fund has SIP return of 7.38% in last three years and ranks 7th in 21 funds. Tata Money Market Fund has given the highest SIP return (7.49%) in the category in last three years.

Mirae Asset Money Market Fund Risk Analysis

  • The fund has a standard deviation of 0.34 and semi deviation of 0.22. The category average standard deviation is 0.34 and semi deviation is 0.21.
  • The fund has a beta of 0.14 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Money Market Fund Category
  • Good Performance in Money Market Fund Category
  • Poor Performance in Money Market Fund Category
  • Very Poor Performance in Money Market Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.29
    0.32
    		0.26 | 0.37 17 | 22 Average
    3M Return % 1.25
    1.28
    		1.09 | 1.37 17 | 22 Average
    6M Return % 2.64
    2.68
    		2.27 | 2.80 17 | 22 Average
    1Y Return % 6.95
    6.92
    		6.12 | 7.24 13 | 22 Average
    3Y Return % 7.09
    7.09
    		6.30 | 7.48 13 | 21 Average
    1Y SIP Return % 6.10
    6.13
    		5.32 | 6.41 14 | 22 Average
    3Y SIP Return % 7.02
    6.95
    		6.16 | 7.29 11 | 21 Good
    Standard Deviation 0.34
    0.34
    		0.28 | 0.43 13 | 21 Average
    Semi Deviation 0.22
    0.21
    		0.17 | 0.35 20 | 21 Poor
    Sharpe Ratio 4.05
    4.07
    		1.94 | 5.23 13 | 21 Average
    Sterling Ratio 0.71
    0.71
    		0.63 | 0.75 12 | 21 Good
    Sortino Ratio 5.85
    14.57
    		1.35 | 33.07 16 | 21 Average
    Jensen Alpha % 5.93
    5.92
    		5.08 | 6.21 14 | 21 Average
    Treynor Ratio 0.14
    0.14
    		0.06 | 0.18 14 | 21 Average
    Modigliani Square Measure % 15.01
    15.64
    		13.32 | 18.48 17 | 21 Average
    Alpha % -0.82
    -0.84
    		-1.58 | -0.45 13 | 21 Average
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.32 0.34 0.29 | 0.41 19 | 22 Poor
    3M Return % 1.34 1.36 1.30 | 1.43 17 | 22 Average
    6M Return % 2.80 2.84 2.77 | 2.91 18 | 22 Average
    1Y Return % 7.31 7.26 6.94 | 7.41 10 | 22 Good
    3Y Return % 7.47 7.43 6.71 | 7.69 11 | 21 Good
    1Y SIP Return % 6.44 6.46 6.27 | 6.62 16 | 22 Average
    3Y SIP Return % 7.38 7.28 6.68 | 7.49 7 | 21 Good
    Standard Deviation 0.34 0.34 0.28 | 0.43 13 | 21 Average
    Semi Deviation 0.22 0.21 0.17 | 0.35 20 | 21 Poor
    Sharpe Ratio 4.05 4.07 1.94 | 5.23 13 | 21 Average
    Sterling Ratio 0.71 0.71 0.63 | 0.75 12 | 21 Good
    Sortino Ratio 5.85 14.57 1.35 | 33.07 16 | 21 Average
    Jensen Alpha % 5.93 5.92 5.08 | 6.21 14 | 21 Average
    Treynor Ratio 0.14 0.14 0.06 | 0.18 14 | 21 Average
    Modigliani Square Measure % 15.01 15.64 13.32 | 18.48 17 | 21 Average
    Alpha % -0.82 -0.84 -1.58 | -0.45 13 | 21 Average
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Mirae Asset Money Market Fund NAV Regular Growth Mirae Asset Money Market Fund NAV Direct Growth
    27-01-2026 1303.042 1323.9388
    23-01-2026 1302.1589 1322.995
    22-01-2026 1302.1051 1322.9288
    21-01-2026 1301.5539 1322.3571
    20-01-2026 1301.3146 1322.1024
    19-01-2026 1301.3 1322.076
    16-01-2026 1301.0813 1321.8189
    14-01-2026 1301.085 1321.7994
    13-01-2026 1300.9181 1321.6182
    12-01-2026 1301.0258 1321.7161
    09-01-2026 1300.4463 1321.0926
    08-01-2026 1300.4456 1321.0802
    07-01-2026 1300.4762 1321.0997
    06-01-2026 1300.7963 1321.4132
    05-01-2026 1300.6269 1321.2296
    02-01-2026 1300.2068 1320.768
    01-01-2026 1300.1742 1320.7233
    31-12-2025 1299.9891 1320.5237
    30-12-2025 1299.2003 1319.7108
    29-12-2025 1299.2663 1319.7663

    Fund Launch Date: 08/Dec/2021
    Fund Category: Money Market Fund
    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 Description: An Open ended debt scheme investing in money market instruments
    Fund Benchmark: Nifty Money Market Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.