MIRAE ASSET
CASH MANAGEMENT FUND - (MACMF)
(Liquid Fund - An open ended liquid scheme)
[ICRA]A1+mfs ~
| Type of Scheme | Liquid Fund - An open ended Liquid scheme |
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| Investment 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. The Scheme does not guarantee any returns |
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Fund Manager** |
Mr. Mahendra Jajoo - (since 8th September 2016) Allotment Date |
12th January, 2009 Benchmark Index |
CRISIL Liquid Fund Index Minimum Investment |
Amount ₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) Monthly and Quarterly: ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 installments. Load Structure |
Entry load: NA Exit load:  Plans Available |
Regular Plan and Direct Plan Options Available |
Growth Option and Dividend Option (Payout & Re-investment) Monthly Average AUM (₹ Cr.) as on August 31, 2020 |
3,268.87 Net AUM (₹ Cr.) |
3,861.78 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on August 31, 2020 Regular Plan: 0.21% Direct Plan: 0.12% ANY DATE SIP provides one of the better investment experiences by allowing the investor to choose any investment date of the month (i.e., from 1st to 28th) depending upon the investors' expense and income flow.
| **For experience of Fund Managers Click Here |
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| NAV: | Direct Plan | Regular Plan |
| Growth Option | ₹ 2,130.1504 | ₹ 2,104.2387 |
| Dividend Monthly Option | ₹ 1,135.3260 | ₹ 1,152.9649 |
| Weighted Average Maturity | 27.27 Days |
| Modified Duration | 0.07 Years |
| Macaulay Duration | 0.07 Years |
| Yield to Maturity | 3.32% |
| Portfolio Holdings | % Allocation |
| Commercial Paper | |
| Oil & Natural Gas Corp Ltd (22/09/2020) | 3.88% |
| NTPC Ltd (09/09/2020) | 3.88% |
| National Housing Bank (11/09/2020) | 2.59% |
| Export Import Bank of India (13/10/2020) | 2.58% |
| Hindustan Petroleum Corporation (23/09/2020) | 2.58% |
| Birla Group Holdings Pvt Ltd (29/09/2020) | 2.58% |
| National Bank For Agri & Rural (10/11/2020) | 2.57% |
| Steel Authority of India Ltd (13/11/2020) | 2.57% |
| Reliance Jio Infocomm Ltd (21/09/2020) | 1.94% |
| NLC INDIA LTD (01/12/2020) | 1.93% |
| Bharat Petroleum Corpn Ltd (28/09/2020) | 1.29% |
| Godrej Consumer Products Ltd (24/09/2020) | 1.29% |
| Hero Fincorp Ltd (21/09/2020) | 1.29% |
| Reliance Jio Infocomm Ltd (04/09/2020) | 1.29% |
| Reliance Jio Infocomm Ltd (19/10/2020) | 1.29% |
| Reliance Jio Infocomm Ltd (07/09/2020) | 1.29% |
| Indian Oil Corporation Ltd (19/10/2020) | 1.29% |
| Chennai Petroleum Corporation (03/09/2020) | 1.29% |
| Chennai Petroleum Corporation (18/09/2020) | 1.29% |
| Chennai Petroleum Corporation (19/10/2020) | 1.29% |
| Birla Group Holdings Pvt Ltd (07/10/2020) | 1.29% |
| Reliance Industries Ltd (27/10/2020) | 1.29% |
| Reliance Industries Ltd (16/09/2020) | 1.29% |
| NTPC Ltd (22/09/2020) | 1.29% |
| Chennai Petroleum Corporation (03/12/2020) | 1.28% |
| The Ramco Cements Ltd (22/10/2020) | 0.64% |
| Commercial Paper Total | 47.09% |
| Treasury Bill Total | |
| 182 Days Tbill (24/09/2020) | 1.68% |
| 182 Days Tbill (12/11/2020) | 1.29% |
| 182 Days Tbill (19/11/2020) | 1.29% |
| 91 Days Tbill (03/09/2020) | 5.18% |
| 91 Days Tbill (26/11/2020) | 2.57% |
| 91 Days Tbill (29/10/2020) | 1.29% |
| 91 Days Tbill (22/10/2020) | 4.38% |
| 91 Days Tbill (01/10/2020) | 0.65% |
| 91 Days Tbill (24/09/2020) | 1.29% |
| 91 Days Tbill (17/09/2020) | 2.58% |
| 91 Days Tbill (10/09/2020) | 1.94% |
| 182 Days Tbill (29/09/2020) | 2.58% |
| 91 Days Tbill (05/11/2020) | 0.64% |
| Treasury Bill Total | 27.35% |
| Certificate of Deposit | |
| Axis Bank Ltd (17/11/2020) | 0.64% |
| Certificate of Deposit Total | 0.64% |
| Cash & Other Receivables Total | 24.92% |
| Total | 100.00% |
| Dividend (₹) Per Unit | |||
| Record Date | Dividend (₹) | Face Value (₹) | Cum Nav (₹) |
26-May-20 |
4.4766 |
4.4766 |
1,156.7794 |
24-Jun-20 |
3.2835 |
3.2835 |
1,155.5863 |
24-Jul-20 |
3.0702 |
3.0702 |
1,155.3730 |
24-Aug-20 |
3.2295 |
3.2295 |
1,155.5323 |
Face value 1000/-. Past Performance may or may not be sustained in future. Pursuant to payment of dividend the NAV of the dividend option of the scheme will fall to the extent of payout and statutory levy (if any). Dividend history is for MACMF- Regular Plan - Monthly Dividend Option
| Returns (%) | |||||||
| 7 D | 15 D | 30 D | 1 Y | 3 Yrs | 5 Yrs | SI | |
| MACMF | 3.04 |
3.25 |
3.49 |
4.94 |
6.40 |
6.62 |
6.60 |
| Scheme Benchmark* | 3.74 |
3.97 |
4.29 |
5.37 |
6.66 |
6.90 |
7.27 |
| Additional Benchmark** | 0.44 |
1.68 |
2.82 |
6.82 |
6.98 |
6.96 |
6.40 |
| NAV as on 31st August, 2020 | 2104.2387 | ||||||
| Index Value (31st August, 2020) | Index Value of benchmark is 3349.04 and CRISIL 1 Year T-Bill is 5972.69 | ||||||
| Allotment Date | 12th January, 2009 | ||||||
| Scheme Benchmark | *CRISIL Liquid Fund Index | ||||||
| Additional Benchmark | **CRISIL 1 Year T-Bill | ||||||
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option.
2. Fund manager : Mr. Mahendra Jajoo managing the scheme since 8th September, 2016.
This product is suitable for investors who are seeking*
. Optimal returns over short term
. Investment in a portfolio of short duration money market and debt instruments with residual maturity upto 91 days only.
. Degree of risk - LOW
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
~ ICRA Disclaimer: ICRA's mutual fund rating methodology is based on evaluating the inherent credit quality of the fund's portfolio. The scores are based on ICRA's estimates of credit risk associated with each exposure of the portfolio taking into account its maturity. ICRA rating is not a recommendation to buy, sell or hold the rated scheme. The assigned rating ICRA AAAmfs is valid only for "Mirae Asset Cash Management Fund"
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 1000.00.Returns (%) for less than 1 year are calculated on simple annualized basis. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 