The 2001 Mnet Music Video Festival (MMF) took place on November 23, 2001 at the Little Angels Arts Center in Seoul, South Korea. The ceremony was hosted by actor-singer Cha Tae-hyun and actress Song Hye-kyo. The show's most-awarded artist was Wax who won two awards out of her three nominations.
The award-giving body continued to use the name M.net Korean Music Festival (MKMF) for the third time. It was also the third time for the event to take place at the Little Angels Arts Center, Seoul, South Korea. Actor and singer Cha Tae-hyun hosted the event for the second consecutive year. The Grand Prize (Daesang) were the Best Popular Music Video Award and Music Video of the Year.
During the initial screening, fans added their candidates through the award's official website. The Mnet producers and the Nominee Selection Committee then choose the nominees. The official website was opened to the voters from Korea and Japan afterwards. In addition, professional judges have also chosen from the nominees. The votes from the fans and the judges were combined for the winners of each category.
Winners are listed first and highlighted in boldface.
The following artist(s) received two or more wins (excluding the special awards):
The following artist(s) received two or more nominations: