Which has the lower expense ratio, LIC MF Money Market Fund-Direct Plan-Growth or Mirae Asset Money Market Fund Direct Growth?

LIC MF Money Market Fund-Direct Plan-Growth's expense ratio is 0.16% versus Mirae Asset Money Market Fund Direct Growth's 0.09%. A lower expense ratio directly improves your net returns over the long term, all else being equal.

Can I invest in both LIC MF Money Market Fund-Direct Plan-Growth and Mirae Asset Money Market Fund Direct Growth?

Yes, but check for portfolio overlap first if both funds are in the same category — holding two funds with very similar underlying stocks reduces the diversification benefit of investing in more than one fund.

LIC MF Money Market Fund-Direct Plan-Growth vs Mirae Asset Money Market Fund Direct Growth

Q: LIC MF Money Market Fund-Direct Plan-Growth vs Mirae Asset Money Market Fund Direct Growth — which has given better returns?

LIC MF Money Market Fund-Direct Plan-Growth has a 1-year return of 6.16% versus Mirae Asset Money Market Fund Direct Growth's 5.93%. Compare NAV, expense ratio and star rating above before deciding, and check consistency over 3-5 years rather than a single year.

Side-by-side comparison of NAV, returns, expense ratio and star rating.

LIC MF Money Market Fund-Direct Plan-Growth

LIC Mutual Fund

★★★★★

Debt · Money Market Fund

Mirae Asset Money Market Fund Direct Growth

Mirae Asset Mutual Fund

★★★★★

Debt · Money Market Fund

Metric	LIC MF Money Market Fu...	Mirae Asset Money Mark...
NAV	₹1289.53	₹1366.55
Star Rating	★★★	★★★
Expense Ratio	0.16%	0.09%
AUM	₹4,897 Cr	₹4,397 Cr
1M Return	+0.52%	+0.47%
3M Return	+1.65%	+1.55%
6M Return	+3.02%	+2.86%
1Y Return	+6.16%	+5.93%
3Y CAGR	+6.7%	+7.34%
Risk Level	—	—
Fund Manager	Rahul Singh	Mahendra Kumar Jajoo

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