Fund Performance
Lumpsum
SIP
4.68
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,471 today.
NAV Performance
Fund Information
-
₹ 2,418.702
as on 22 Sep 2023 -
Regular - Growth
-
5 / 39
-
₹ 5,000
-
₹ 4,107 Cr.
as on 31 May 2023 -
0.25%
-
13 Jan 2009
-
CRISIL 10 Year Gilt Index
-
Mirae Mutual Fund
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Highlights of this fund
Mirae Asset Cash Management Fund is an Open-ended Debt Fund. The fund belongs to Liquid Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 13 Jan 2009. This fund is offered by one of the top AMC (Assets Management Company) Mirae Mutual Fund. You can also view here all other Debt funds offered by Mirae Mutual Fund.
Latest NAV of the fund is ₹ 2,418.702 as on 22 Sep 2023.
This fund has 14 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.25%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
The investment objective of the scheme is to generate consistent returns with a high level of liquidity in a judicious portfolio mix comprising of money market and debt instruments.
List of Fund Managers of Mirae Asset Cash Management Fund
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About Abhishek Iyer
Mr. Iyer is a B. Com, Master in Finance management, Master of Arts (MA) Economics Prior to joining Mirae Asset Mutual Fund, he has worked with IDBI Mutual Fund, IIFL Mutual Fund, L&T Mutual Fund and Sahara Mutual Fund.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 1.29% | 1.67% | 2.57% | 3.56% | 6.91% | 5.53% | 5.53% | 5.60% | 7.18% | 7.00% | 6.26% | 5.54% | 5.25% | 6.03% |
| Category Average | 0.16% | -1.97% | -0.93% | 0.72% | 3.76% | 2.77% | 2.50% | 3.37% | 5.13% | 6.85% | 6.11% | 5.41% | 4.99% | 5.71% |
| Mirae Asset Cash Management Fund | 0.13%₹ 10,013 | 0.57%₹ 10,056 | 1.68%₹ 10,168 | 3.50%₹ 10,349 | 6.81%₹ 10,680 | 6.94%₹ 12,447 | 5.40%₹ 11,109 | 6.19%₹ 25,565 | 4.68%₹ 11,471 | 5.48%₹ 39,131 | 5.20%₹ 12,886 | 5.05%₹ 68,183 | 6.39%₹ 18,578 | 5.72%₹ 1,60,920 |
| Aditya Birla Sun Life Liquid Fund | 0.13%₹ 10,012 | 0.57%₹ 10,057 | 1.68%₹ 10,167 | 3.51%₹ 10,351 | 6.87%₹ 10,686 | 6.98%₹ 12,449 | 5.42%₹ 11,112 | 6.22%₹ 25,572 | 4.67%₹ 11,467 | 5.50%₹ 39,139 | 5.24%₹ 12,912 | 5.08%₹ 68,229 | 6.61%₹ 18,974 | 5.82%₹ 1,61,805 |
| Parag Parikh Liquid Fund | 0.12%₹ 10,012 | 0.55%₹ 10,054 | 1.65%₹ 10,165 | 3.30%₹ 10,330 | 6.42%₹ 10,642 | 6.54%₹ 12,420 | 5.08%₹ 11,042 | 5.82%₹ 25,469 | 4.40%₹ 11,379 | 5.16%₹ 38,939 | 4.72%₹ 12,594 | 4.69%₹ 67,558 | - | - |
| SBI Liquid Fund | 0.13%₹ 10,013 | 0.57%₹ 10,056 | 1.68%₹ 10,168 | 3.45%₹ 10,345 | 6.77%₹ 10,677 | 6.88%₹ 12,443 | 5.36%₹ 11,099 | 6.13%₹ 25,550 | 4.63%₹ 11,453 | 5.43%₹ 39,100 | 5.15%₹ 12,854 | 5.00%₹ 68,102 | 6.50%₹ 18,784 | 5.73%₹ 1,61,022 |
| Mahindra Manulife Liquid Fund | 0.13%₹ 10,012 | 0.58%₹ 10,057 | 1.75%₹ 10,174 | 3.53%₹ 10,353 | 6.90%₹ 10,689 | 6.99%₹ 12,449 | 5.44%₹ 11,119 | 6.24%₹ 25,577 | 4.72%₹ 11,482 | 5.53%₹ 39,155 | 5.27%₹ 12,926 | 5.10%₹ 68,275 | - | - |
| IDFC Cash Fund | 0.12%₹ 10,011 | 0.56%₹ 10,056 | 1.68%₹ 10,167 | 3.49%₹ 10,349 | 6.78%₹ 10,678 | 6.91%₹ 12,445 | 5.37%₹ 11,102 | 6.16%₹ 25,557 | 4.64%₹ 11,456 | 5.45%₹ 39,112 | 5.09%₹ 12,819 | 4.99%₹ 68,072 | 6.49%₹ 18,765 | 5.71%₹ 1,60,828 |
Portfolio Holdings
Top Debt Instrument Type holdings of Mirae Asset Cash Management Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CP | 45.24% | ₹ 3,217.91 Cr. |
| T-Bills | 25.88% | ₹ 1,840.55 Cr. |
| CD | 23.81% | ₹ 1,694.17 Cr. |
| NCD & Bonds | 5.94% | ₹ 422.43 Cr. |
| Others | -.87% | - |
Top Debt Holdings of Mirae Asset Cash Management Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 25.88% | ₹ 1,840.55 Cr. |
| Bond - Small Industries Development Bank Of India | 4.87% | ₹ 347.16 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 4.54% | ₹ 323.05 Cr. |
| Bond - Axis Bank Ltd. | 4.21% | ₹ 299.61 Cr. |
| Bond - Canara Bank | 3.82% | ₹ 271.92 Cr. |
| Others | 56.68% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 4.73% |
| Net Receivables | -5.68% |