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Mirae Asset Money Market Fund Direct Growth

Debt

Money Market

Low to Moderate

27-Oct-2023

₹ 1123.32

Investment Returns (CAGR)

1 yr.
7.03

3 yr.
NA

5 yr.
NA

Since Inception.
6.1%

Fund Overview

Fund Size (Rs.)
85 Cr

Benchmark Index
----

Scheme Type
Growth

ISIN
INF769K01HN8

Expense Ratio
0.28%

Minimum SIP (Rs.)
1000

Launch Date
11-Aug-2021

Fund House
Mirae Asset Mutual Fund

Exit Load
Nil

scrolling banner image

Investment Returns Calculator

Monthly SIP

Lump Sum

Monthly investment

₹10000

Time period

3yr

Expected Annual Return

10%

Your results

Total Value of your Investment:

Invested Amount

Est. Returns

Result will be displayed here

Check your eligible loan amount against mutual funds

Total Value of your mutual fund

₹

You are eligible for

₹

50,000

Minimum portfolio value: ₹50,000

Interest Rate: 10% *

Choose tenure

6 mon 12 mon 18 mon

24 mon

installment options

installment options

Balloon

₹

416

per month

EMI

₹

4395

per month

Apply For Loan

What is a loan against mutual funds?

With a Loan against Mutual Fund, you offer your MF units as collateral for the loan. The lender holds the Mutual Fund units as a security till you repay the loan amount. Your Mutual Funds will continue to earn returns, but you cannot sell them while you have pledged them to the lender.

You may borrow up to 50% of the value of your equity mutual fund schemes in your portfolio. The value of your mutual fund scheme is derived by multiplying the number of units by the scheme's NAV. The total value of all equity mutual fund schemes will be used to calculate your portfolio value.

Loan against Mutual Fund banner image

Loan facility is provided by our NBFC partner

Check out related funds:

LIC MF Money Market Fund Direct IDCW

Fund Size (Rs.)
31 Cr

Expense Ratio
0.18%

3 yr. CAGR
NA

Risk level
Low

Union Money Market Fund Direct IDCW Monthly

Fund Size (Rs.)
176 Cr

Expense Ratio
0.29%

3 yr. CAGR
NA

Risk level
Low to Moderate

Union Money Market Fund Direct IDCW Weekly

Fund Size (Rs.)
176 Cr

Expense Ratio
0.29%

3 yr. CAGR
NA

Risk level
Low to Moderate

About Mirae Asset Money Market Fund Direct Growth

The scheme seeks to generate reasonable returns with low risk and provide liquidity by investing in money market instruments. ;

Mirae Asset Money Market Fund Direct Growth

Debt

Money Market

Low to Moderate

27-Oct-2023

₹ 1123.32

Fund Overview

Fund Size (Rs.)
85 Cr

Benchmark Index
----

Scheme Type
Growth

ISIN
INF769K01HN8

Expense Ratio
0.28%

Minimum SIP (Rs.)
1000

Launch Date
11-Aug-2021

Fund House
Mirae Asset Mutual Fund

Exit Load
Nil

Investment Returns (CAGR)

1 yr. 7.03

3 yr.

5 yr.

Since Inception. 6.1%

Investment Returns Calculator

Monthly SIP

Lump Sum

Monthly investment

₹10000

Time period

3yr

Expected Annual Return

10%

Your results

Total Value of your Investment:

Invested Amount

Est. Returns

result_mweb will be displayed here

mobile scrolling banner image

Check your eligible loan amount against your mutual funds.

Total Value of your mutual fund

₹

You are eligible for

₹

50,000

Minimum portfolio value: ₹50,000

Interest Rate: 10% *

Choose tenure

6 mon 12 mon 18 mon

24 mon

installment options

installment options

Balloon

₹

416

per month

EMI

₹

4395

per month

Apply For Loan

Loan facility is provided by our NBFC partner

What is a
loan against
mutual funds?

With a Loan against Mutual Fund, you offer your MF units as collateral for the loan. The lender holds the Mutual Fund units as a security till you repay the loan amount. Your Mutual Funds will continue to earn returns, but you cannot sell them while you have pledged them to the lender.

You may borrow up to 50% of the value of your equity mutual fund schemes in your portfolio. The value of your mutual fund scheme is derived by multiplying the number of units by the scheme's NAV. The total value of all equity mutual fund schemes will be used to calculate your portfolio value.

Apply now

Loan against Mutual Fund banner image

Check out related funds:

LIC MF Money Market Fund Direct IDCW

Fund Size (Rs.)
31 Cr

Expense Ratio
0.18%

3 yr. CAGR
NA

Risk level
Low

Union Money Market Fund Direct IDCW Monthly

Fund Size (Rs.)
176 Cr

Expense Ratio
0.29%

3 yr. CAGR
NA

Risk level
Low to Moderate

Union Money Market Fund Direct IDCW Weekly

Fund Size (Rs.)
176 Cr

Expense Ratio
0.29%

3 yr. CAGR
NA

Risk level
Low to Moderate

About Mirae Asset Money Market Fund Direct Growth

The scheme seeks to generate reasonable returns with low risk and provide liquidity by investing in money market instruments. ;

Our vision is to provide customers with the most efficient way
of managing their assets to get more out of it.

Our vision is to provide customers with the most efficient way of managing their assets to get more out of it.

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DhanLAP, dhanlap.com are brand and product of
Ark Neo Financial Services Pvt. Ltd.

DhanLAP, dhanlap.com are brand and product of Ark Neo Financial Services Pvt. Ltd.

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