MIRAE ASSET
CASH MANAGEMENT FUND - (MACMF)
(Liquid Fund - An open ended liquid scheme)
A relatively low interest rate risk and moderate credit risk
| Type of Scheme | Liquid Fund - An open ended Liquid scheme A relatively low interest rate risk and moderate credit risk |
||||||||||||||||||||||||
| 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 |
||||||||||||||||||||||||
Fund Manager** |
Mr. Abhishek Iyer# (since December 28, 2020) Allotment Date |
12th January, 2009 Benchmark Index |
NIFTY Liquid Index B-I 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 in case of Monthly or 3 in case of Quarterly option. Load Structure |
Entry load: NA Exit load:  Plans Available |
Regular Plan and Direct Plan Options Available |
Growth Option and IDCW^ Option (Payout & Re-investment) Monthly Average AUM (₹ Cr.) as on November 30, 2022 |
5,554.85 Net AUM (₹ Cr.) |
6,413.60 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on November 30, 2022 Regular Plan: 0.27% Direct Plan: 0.17% **For experience of Fund Managers Click Here |
^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. |
#As per notice cum addendum no. 43/2022 fund manager of the scheme has changed. Please visit the website for more details: https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum | |||||||||||||
| NAV: | Direct | Regular |
| Growth | ₹ 2,323.8356 | ₹ 2,290.5521 |
| Daily IDCW^ | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW^ | ₹ 1,216.2089 | ₹ 1,152.5501 |
| Monthly IDCW^ | ₹ 1,135.9272 | ₹ 1,153.5777 |
| Weighted Average Maturity | 36.97 Days |
| Modified Duration | 0.10 Yrs |
| Macaulay Duration | 0.10 Yrs |
| Yield to Maturity | 6.44% |
| IDCW (₹) Per Unit | |||
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
24-Aug-22 |
4.9368 |
4.9368 |
1,157.2396 |
26-Sep-22 |
5.1873 |
5.1873 |
1,157.4901 |
25-Oct-22 |
5.3556 |
5.3556 |
1,157.6584 |
24-Nov-22 |
6.0697 |
6.0697 |
1,158.3725 |
Face value 1000/-. Past Performance may or may not be sustained in future. Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the extent of payout and statutory levy (if any). IDCW history is for MACMF- Regular Plan - Monthly IDCW Option
| Portfolio Holdings | % Allocation |
| Commercial Paper | |
| Small Industries Dev Bank of India (02/12/2022) | 3.12% |
| National Bank For Agriculture and Rural Development (31/01/2023) ** | 1.54% |
| Reliance Retail Ventures Ltd (15/02/2023) ** | 1.54% |
| ICICI Securities Ltd (15/02/2023) ** | 1.54% |
| Reliance Jio Infocomm Ltd (20/01/2023) ** | 1.16% |
| Motilal Oswal Financial Services Ltd (14/02/2023) ** | 1.15% |
| IIFL Wealth Prime Ltd (15/02/2023) ** | 1.15% |
| Tata Power Company Ltd (24/02/2023) ** | 1.15% |
| Berger Paints (I) Ltd (29/12/2022) ** | 0.93% |
| Berger Paints (I) Ltd (26/12/2022) ** | 0.85% |
| Reliance Retail Ventures Ltd (05/12/2022) ** | 0.78% |
| HDFC Securities Ltd (05/12/2022) ** | 0.78% |
| NTPC Ltd (13/12/2022) ** | 0.78% |
| Reliance Jio Infocomm Ltd (14/12/2022) ** | 0.78% |
| National Bank For Agriculture and Rural Development (15/12/2022) ** | 0.78% |
| Reliance Jio Infocomm Ltd (15/12/2022) ** | 0.78% |
| Housing Development Finance Corporation Ltd (15/12/2022) ** | 0.78% |
| Small Industries Dev Bank of India (16/12/2022) ** | 0.78% |
| Birla Group Holdings Private Ltd (15/12/2022) ** | 0.78% |
| Godrej Agrovet Ltd (20/12/2022) ** | 0.78% |
| ICICI Securities Ltd (20/12/2022) ** | 0.78% |
| Kotak Securities Ltd (26/12/2022) ** | 0.78% |
| Poonawalla Fincorp Ltd (27/12/2022) ** | 0.78% |
| Export Import Bank of India (30/12/2022) ** | 0.78% |
| IIFL Wealth Prime Ltd (29/12/2022) ** | 0.77% |
| Reliance Retail Ventures Ltd (18/01/2023) ** | 0.77% |
| HDFC Securities Ltd (20/01/2023) ** | 0.77% |
| Tata Motors Finance Ltd (25/01/2023) ** | 0.77% |
| Larsen & Toubro Ltd (30/01/2023) ** | 0.77% |
| Small Industries Dev Bank of India (31/01/2023) ** | 0.77% |
| Reliance Retail Ventures Ltd (31/01/2023) ** | 0.77% |
| HDFC Securities Ltd (30/01/2023) ** | 0.77% |
| IIFL Wealth Prime Ltd (02/02/2023) ** | 0.77% |
| Export Import Bank of India (13/02/2023) ** | 0.77% |
| Godrej Properties Ltd (13/02/2023) ** | 0.77% |
| Housing Development Finance Corporation Ltd (24/02/2023) ** | 0.77% |
| Larsen & Toubro Ltd (28/02/2023) ** | 0.77% |
| Export Import Bank of India (01/03/2023) ** | 0.77% |
| Birla Group Holdings Private Ltd (28/02/2023) ** | 0.77% |
| Birla Group Holdings Private Ltd (25/01/2023) ** | 0.39% |
| Godrej Agrovet Ltd (13/02/2023) ** | 0.38% |
| TV18 Broadcast Ltd (23/02/2023) ** | 0.38% |
| Network18 Media & Investments Ltd (23/02/2023) ** | 0.38% |
| Commercial Paper Total | 38.09% |
| Treasury Bill | |
| 91 Days Tbill (01/12/2022) | 7.79% |
| 182 Days Tbill (29/12/2022) | 2.33% |
| 91 Days Tbill (02/02/2023) | 1.54% |
| 91 Days Tbill (09/02/2023) | 1.54% |
| 91 Days Tbill (16/02/2023) | 1.54% |
| 91 Days Tbill (12/01/2023) | 1.16% |
| 91 Days Tbill (27/01/2023) | 1.16% |
| 91 Days Tbill (08/12/2022) | 0.78% |
| 182 Days Tbill (15/12/2022) | 0.78% |
| 364 Days Tbill (22/12/2022) | 0.78% |
| 91 Days Tbill (22/12/2022) | 0.78% |
| 91 Days Tbill (29/12/2022) | 0.78% |
| 91 Days Tbill (19/01/2023) | 0.77% |
| Treasury Bill Total | 21.72% |
| Certificate of Deposit | |
| Axis Bank Ltd (28/12/2022) ** # | 1.16% |
| Union Bank of India (16/01/2023) ** # | 1.16% |
| Bank of Baroda (10/02/2023) ** # | 1.15% |
| Bank of Baroda (14/02/2023) ** # | 1.15% |
| IDFC First Bank Ltd (01/12/2022) ** # | 0.78% |
| Axis Bank Ltd (07/12/2022) ** # | 0.78% |
| Canara Bank (09/12/2022) ** # | 0.78% |
| HDFC Bank Ltd (13/12/2022) # | 0.78% |
| Axis Bank Ltd (21/12/2022) ** # | 0.78% |
| Union Bank of India (02/01/2023) ** # | 0.77% |
| Indian Bank (10/01/2023) ** # | 0.77% |
| HDFC Bank Ltd (16/01/2023) # | 0.77% |
| Indian Bank (17/01/2023) # | 0.77% |
| IDFC First Bank Ltd (20/01/2023) ** # | 0.77% |
| Indian Bank (25/01/2023) ** # | 0.77% |
| Indian Bank (31/01/2023) ** # | 0.77% |
| Canara Bank (06/02/2023) ** # | 0.77% |
| IDFC First Bank Ltd (07/02/2023) ** # | 0.77% |
| Canara Bank (10/02/2023) ** # | 0.77% |
| Canara Bank (14/02/2023) # | 0.77% |
| IDFC First Bank Ltd (13/02/2023) ** # | 0.77% |
| Punjab National Bank (24/02/2023) ** # | 0.77% |
| Axis Bank Ltd (28/02/2023) # | 0.77% |
| Canara Bank (08/12/2022) # | 0.39% |
| HDFC Bank Ltd (27/12/2022) ** # | 0.39% |
| Certificate of Deposit Total | 20.09% |
| Corporate Bond Repo | |
| Corporate Bond Repo | 4.69% |
| Corporate Bond Repo Total | 4.69% |
| Corporate Bond | |
| 6.72% UltraTech Cement Ltd (09/12/2022) ** | 1.56% |
| 6.99% Housing Development Finance Corporation Ltd (13/02/2023) ** | 1.56% |
| 7.09% REC Ltd (13/12/2022) ** | 0.78% |
| 6.27% Small Industries Dev Bank of India (27/02/2023) ** | 0.39% |
| Corporate Bond Total | 4.28% |
| Government Bond | |
| 6.84% GOI (19/12/2022) | 1.64% |
| Government Bond Total | 1.64% |
| Cash & Other Receivables Total | 9.50% |
| Total | 100.00% |
** Thinly Traded / Non Traded Security # Unlisted Security
| Returns (in%) | |||||||
| 7 D | 15 D | 30 D | 1 Y | 3 Yrs | 5 Yrs | SI | |
| MACMF | 6.65% |
6.44% |
6.51% |
4.55% |
4.06% |
5.23% |
6.15% |
| Scheme Benchmark* | 6.93% |
6.66% |
6.76% |
4.75% |
4.20% |
5.31% |
6.97% |
| Additional Benchmark** | 5.91% |
8.24% |
7.79% |
3.74% |
4.38% |
5.52% |
5.96% |
| NAV as on 30th November, 2022 | ₹ 2,290.5521 | ||||||
| Index Value 30th November, 2022) | Index Value of benchmark is 4,151.55 and CRISIL 1 Year T-Bill is 6,479.76 |
||||||
| Allotment Date | 12th January, 2009 | ||||||
| Scheme Benchmark | *NIFTY Liquid Index B-I | ||||||
| Additional Benchmark | **CRISIL 1 Year T-Bill | ||||||
Fund manager : Mr. Abhishek Iyer managing the scheme since December 28, 2020.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns
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.
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Note : With reference to SEBI Circular no. SEBI/HO/IMD/IMD-11 DOF-3/CIR/2021/573 dated June 07, 2021 disclosure of Potential Risk Class (PRC) Matrix is provided for debt Schemes of Mirae Asset Mutual Fund.
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
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option>