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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.
Instrument Profile : Investment will primarily be made in the money market instruments with up to 1 year maturity.
Duration Management : The duration of the portfolio will be between 6 Months – 1 years.
Risk Management : The endeavor will be to have a portfolio of high quality and high liquidity
Portfolio Management : Fund will predominately follow rolldown strategy, wherein it will maintain duration of 6 Months – 1 Years.
An Open ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk.
Ms. Pranavi Kulkarni
Nifty Money Market Index A-I
Rs.5,000/- and in multiples of Re. 1/- thereafter.
Regular Plan and Direct Plan
Growth Option and IDCW (Payout / Reinvestment)
11th August, 2021
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1 Years
Low to Moderate
Savings
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Mirae Asset Debt Investment Process and Philosophy
Product Labelling for Mirae Asset Money Market Fund. The fund is suitable for investors who are seeking short term savings, through investments predominantly in money market instruments. Investors should consult their financial advisors if they are not clear about the suitability of the product. The Scheme Riskometer shows that the risk of the scheme is Low to Moderate. The riskometer is a semicircular gauge divided into six color-coded zones: Low Risk (dark green), Low to Moderate Risk (light green), Moderate Risk (yellow), Moderately High Risk (brown), High Risk (orange) and Very High Risk (red). The needle of the scheme riskometer points to the Low to Moderate Risk zone. The Scheme Benchmark, as per the AMFI Tier 1 Benchmark, is the Nifty Money Market Index A-I. The Benchmark Riskometer also has its needle pointing to the Low to Moderate Risk zone, which shows that the risk of the benchmark is Low to Moderate.
Potential Risk Class Matrix (PRC)
| Credit Risk → Interest Rate Risk↓ | Relatively Low (Class A) | Moderate (Class B) | Relatively High (Class C) |
|---|---|---|---|
| Relatively Low (Class I) | B-I | ||
| Moderate (Class II) | |||
| Relatively High (Class III) |
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