MF Gyan
debtLow riskLess than a year old

Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Mirae Asset Mutual Fund. It's been running since 7 Jul 2026.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹1,364.6049
▲ 0.03% today
As of 4 Sep 2026 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 38 other funds in Income/Debt Oriented Schemes - Money Market Fund

Same plan
Bumpiness (3Y)
0.95%median 0.42% (+0.52%)
Rank #24 of 39Less risky than 36% of peers
Worst-ever drop
-0.19%median -1.07% (+0.88%)
Rank #29 of 39Less risky than 26% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
0.9%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.19%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW against other debt funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch1.39%
Volatility — 1 year (annualised)0.95%
Volatility — 3 years (annualised)0.95%
Max drawdown — 1 year-0.19%
Max drawdown — 3 years-0.19%
Sharpe ratio — 1 year (rf=6%)-4.93
Sharpe ratio — 3 years (rf=6%)-4.93

Fund info

Fund house
Mirae Asset Mutual Fund
Category
Income/Debt Oriented Schemes - Money Market Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
INF769K01RA4
Fund code
154462
First price on record
7 Jul 2026 · 43 daily prices

About Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW

Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW is a Income/Debt Oriented Schemes - Money Market Fund offered by Mirae Asset Mutual Fund under the Direct plan with the IDCW option. It has approximately 0 year of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW is ₹1364.6049 (as of 4 Sep 2026). Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 0.9% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.2%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW?+

The latest NAV of Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW is ₹1364.6049 as of 4 Sep 2026, up 0.03% from the previous day. NAV is updated once a business day after the market close.

What category does Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW belong to?+

Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW is categorised as Income/Debt Oriented Schemes - Money Market Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW?+

Based on its 3-year annualised volatility of 0.9%, Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW a direct plan?+

Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW?+

Mirae Asset Money Market Fund - Direct Plan - Weekly IDCW has NAV history available from 7 Jul 2026 — approximately 0 year of track record and 43 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.