MIRAE ASSET
CASH MANAGEMENT FUND - (MACMF)
(Liquid Fund - An open ended liquid scheme)
| 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 September 08, 2016) Mr. Abhishek Iyer (since December 28, 2020) 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 February 28, 2021 |
3,882.13 Net AUM (₹ Cr.) |
3,695.10 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on February 28, 2021 Regular Plan: 0.24% Direct Plan: 0.14% **For experience of Fund Managers Click Here |
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| NAV: | Direct | Regular |
| Growth | ₹ 2,165.0817 | ₹ 2,137.7147 |
| Monthly Dividend | ₹ 1,135.0010 | ₹ 1,152.6439 |
| Weighted Average Maturity | 28.85 Days |
| Modified Duration | 0.08 Years |
| Macaulay Duration | 0.08 Years |
| Yield to Maturity | 3.44% |
| Portfolio Holdings | % Allocation | |
| Commercial Paper | ||
| Bharat Petroleum Corpn Ltd (16/03/2021) | 2.70% | |
| JM Financial Products Ltd (05/03/2021) | 2.70% | |
| National Bank For Agri & Rural (02/03/2021) | 2.70% | |
| Reliance Industries Ltd (27/04/2021) | 2.69% | |
| National Bank For Agri & Rural (22/04/2021) | 2.69% | |
| Birla Group Holdings Pvt Ltd (21/05/2021) | 2.00% | |
| NLC INDIA LTD (27/05/2021) | 1.61% | |
| Steel Authority of India Ltd (23/03/2021) | 1.35% | |
| Birla Group Holdings Pvt Ltd (23/03/2021) | 1.35% | |
| Dalmia Cement (Bharat) Ltd (25/03/2021) | 1.35% | |
| HDFC Ltd (10/03/2021) | 1.35% | |
| IIFL Wealth Prime Limited (04/03/2021) | 1.35% | |
| Indian Oil Corporation Ltd (15/04/2021) | 1.35% | |
| Kotak Mahindra Investments Ltd (20/04/2021) | 1.35% | |
| Chennai Petroleum Corporation (19/04/2021) | 1.35% | |
| NTPC Ltd (09/03/2021) | 1.35% | |
| NTPC Ltd (22/03/2021) | 1.35% | |
| Dalmia Bharat Limited (26/03/2021) | 1.35% | |
| Aditya Birla Fashion and Retail (04/03/2021) | 1.35% | |
| Pilani Investment & Ind CorpLtd (18/03/2021) | 1.35% | |
| Reliance Industries Ltd (22/04/2021) | 1.35% | |
| Dalmia Cement (Bharat) Ltd (27/05/2021) | 1.34% | |
| Export Import Bank of India (14/05/2021) | 1.34% | |
| Export Import Bank of India (19/05/2021) | 1.34% | |
| ICICI Securities Ltd (28/04/2021) | 1.34% | |
| National Bank For Agri & Rural (28/05/2021) | 1.34% | |
| National Bank For Agri & Rural (30/04/2021) | 1.34% | |
| NTPC Ltd (30/04/2021) | 1.34% | |
| Tata Motors Finance Sol Ltd (10/03/2021) | 0.68% | |
| TV18 Broadcast Ltd (06/05/2021) | 0.67% | |
| Godrej Properties (28/05/2021) | 0.67% | |
| National Fertilizers Ltd (30/03/2021) | 0.40% | |
| Commercial Paper Total | 47.81% | |
| Treasury Bill | ||
| 91 Days Tbill (01/04/2021) | 5.80% | |
| 182 Days Tbill (04/03/2021) | 5.41% | |
| 364 Days Tbill (18/03/2021) | 2.70% | |
| 91 Days Tbill (06/05/2021) | 2.69% | |
| 91 Days Tbill (18/03/2021) | 1.35% | |
| 91 Days Tbill (20/05/2021) | 1.34% | |
| 364 Days Tbill (30/03/2021) | 0.67% | |
| 182 Days Tbill (11/03/2021) | 0.41% | |
| Treasury Bill Total | 20.37% | |
| Certificate of Deposit | ||
| Bank of Baroda (09/03/2021) | 2.70% | |
| Export Import Bank of India (12/03/2021) | 1.62% | |
| Federal Bank Ltd (19/04/2021) | 0.67% | |
| IDFC First Bank Limited (25/03/2021) | 0.54% | |
| Certificate of Deposit Total | 5.54% | |
| Corporate Bond | ||
| 8.75% HDFC Ltd (04/03/2021) | 0.68% | |
| Corporate Bond Total | 0.68% | |
| Cash & Other Receivables Total | 25.61% | |
| Total | 100.00% | |
| Dividend (₹) Per Unit | |||
| Record Date | Dividend (₹) | Face Value (₹) | Cum Nav (₹) |
24-Dec-20 |
2.8612 |
2.8612 |
1,155.1640 |
25-Jan-21 |
3.0065 |
3.0065 |
1,155.3093 |
25-Jan-21 |
3.0065 |
3.0065 |
1,155.3093 |
24-Feb-21 |
3.2369 |
3.2369 |
1,155.5397 |
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 | 2.97 |
3.19 |
3.29 |
3.84 |
5.83 |
6.24 |
6.46 |
| Scheme Benchmark* | 3.48 |
3.71 |
3.79 |
4.27 |
6.16 |
6.51 |
7.12 |
| Additional Benchmark** | 4.89 |
5.81 |
4.47 |
5.46 |
6.64 |
6.56 |
6.29 |
| NAV as on 28th Febraury, 2021 | 2,137.7147 | ||||||
| Index Value (28th Febraury, 2021) | Index Value of benchmark is 3,409.26 and CRISIL 1 Year T-Bill is 6,079.84. | ||||||
| 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 (since September 08, 2016) and Mr. Abhishek Iyer (since December 28, 2020)
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 to Moderate
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
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
