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 |
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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. 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 August 31, 2022 |
4,753.16 Net AUM (₹ Cr.) |
5,126.07 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on August 31, 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. |
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| NAV: | Direct | Regular |
| Growth | ₹ 2,289.8279 | ₹ 2,257.5951 |
| Daily IDCW^ | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW^ | ₹ 1,217.4415 | ₹ 1,153.6984 |
| Monthly IDCW^ | ₹ 1,135.8042 | ₹ 1,153.4493 |
| Weighted Average Maturity | 43.55 Days |
| Modified Duration | 0.12 Yrs |
| Macaulay Duration | 0.12 Yrs |
| Yield to Maturity | 5.72% |
| Portfolio Holdings | % Allocation | |
| Commercial Paper | ||
| Small Industries Dev Bank of India (31/10/2022) ** | 2.90% | |
| Bharat Petroleum Corporation Ltd (29/09/2022) ** | 1.94% | |
| Indian Oil Corporation Ltd (17/10/2022) ** | 1.94% | |
| Housing Development Finance Corporation Ltd (27/10/2022) ** | 1.93% | |
| NTPC Ltd (31/10/2022) ** | 1.45% | |
| LIC Housing Finance Ltd (12/09/2022) ** | 0.97% | |
| Reliance Retail Ventures Ltd (12/09/2022) ** | 0.97% | |
| NTPC Ltd (13/09/2022) ** | 0.97% | |
| Housing Development Finance Corporation Ltd (16/09/2022) ** | 0.97% | |
| Reliance Retail Ventures Ltd (19/09/2022) ** | 0.97% | |
| Indian Oil Corporation Ltd (28/09/2022) ** | 0.97% | |
| Tata Power Company Ltd (27/09/2022) ** | 0.97% | |
| Tata Power Renewable Energy Ltd (28/09/2022) ** | 0.97% | |
| Hindustan Petroleum Corporation Ltd (30/09/2022) ** | 0.97% | |
| Larsen & Toubro Ltd (30/09/2022) ** | 0.97% | |
| IIFL Wealth Prime Ltd (26/09/2022) ** | 0.97% | |
| Reliance Retail Ventures Ltd (03/10/2022) ** | 0.97% | |
| Indian Oil Corporation Ltd (10/10/2022) ** | 0.97% | |
| National Bank For Agriculture and Rural Development (18/10/2022) ** | 0.97% | |
| Berger Paints (I) Ltd (21/10/2022) ** | 0.97% | |
| Indian Oil Corporation Ltd (27/10/2022) ** | 0.97% | |
| Reliance Jio Infocomm Ltd (31/10/2022) ** | 0.97% | |
| Larsen & Toubro Ltd (31/10/2022) ** | 0.97% | |
| Hindustan Petroleum Corporation Ltd (02/11/2022) ** | 0.97% | |
| ICICI Securities Ltd (31/10/2022) ** | 0.97% | |
| Reliance Retail Ventures Ltd (07/11/2022) ** | 0.96% | |
| Small Industries Dev Bank of India (09/11/2022) ** | 0.96% | |
| HDFC Securities Ltd (07/11/2022) ** | 0.96% | |
| TV18 Broadcast Ltd (11/11/2022) ** | 0.96% | |
| Larsen & Toubro Ltd (14/11/2022) ** | 0.96% | |
| Birla Group Holdings Private Ltd (09/11/2022) ** | 0.96% | |
| IIFL Wealth Prime Ltd (10/11/2022) ** | 0.96% | |
| National Bank For Agriculture and Rural Development (23/11/2022) ** | 0.96% | |
| Dabur India Ltd (23/11/2022) ** | 0.96% | |
| Reliance Retail Ventures Ltd (25/11/2022) ** | 0.96% | |
| Bajaj Finance Ltd (25/11/2022) ** | 0.96% | |
| Godrej Agrovet Ltd (25/11/2022) ** | 0.96% | |
| Hindustan Petroleum Corporation Ltd (28/11/2022) ** | 0.96% | |
| Bharat Petroleum Corporation Ltd (29/11/2022) | 0.96% | |
| Reliance Retail Ventures Ltd (29/11/2022) ** | 0.96% | |
| Birla Group Holdings Private Ltd (25/11/2022) ** | 0.96% | |
| IIFL Wealth Prime Ltd (28/11/2022) ** | 0.96% | |
| Berger Paints (I) Ltd (16/09/2022) ** | 0.78% | |
| Reliance Jio Infocomm Ltd (19/09/2022) | 0.49% | |
| Birla Group Holdings Private Ltd (19/09/2022) ** | 0.49% | |
| Reliance Jio Infocomm Ltd (26/09/2022) ** | 0.49% | |
| Arka Fincap Ltd (10/10/2022) ** | 0.48% | |
| HDFC Securities Ltd (21/10/2022) ** | 0.48% | |
| Reliance Retail Ventures Ltd (28/10/2022) ** | 0.48% | |
| Housing Development Finance Corporation Ltd (25/11/2022) ** | 0.48% | |
| Commercial Paper Total | 50.08% | |
| Treasury Bill | ||
| 182 Days Tbill (10/11/2022) | 3.38% | |
| 182 Days Tbill (15/09/2022) | 1.95% | |
| 91 Days Tbill (15/09/2022) | 1.95% | |
| 91 Days Tbill (27/10/2022) | 1.93% | |
| 182 Days Tbill (03/11/2022) | 1.93% | |
| 182 Days Tbill (22/09/2022) | 1.75% | |
| 91 Days Tbill (29/09/2022) | 1.46% | |
| 91 Days Tbill (17/11/2022) | 1.16% | |
| 91 Days Tbill (08/09/2022) | 0.97% | |
| 91 Days Tbill (20/10/2022) | 0.97% | |
| 91 Days Tbill (13/10/2022) | 0.56% | |
| 182 Days Tbill (01/09/2022) | 0.49% | |
| 182 Days Tbill (08/09/2022) | 0.49% | |
| 364 Days Tbill (10/11/2022) | 0.48% | |
| 91 Days Tbill (01/09/2022) | 0.39% | |
| Treasury Bill Total | 19.85% | |
| Certificate of Deposit | ||
| Punjab National Bank (25/11/2022) ** # | 1.92% | |
| HDFC Bank Ltd (06/10/2022) ** # | 1.45% | |
| Axis Bank Ltd (12/10/2022) ** # | 1.16% | |
| HDFC Bank Ltd (02/09/2022) # | 0.97% | |
| Punjab National Bank (06/09/2022) # | 0.97% | |
| Export Import Bank of India (14/09/2022) ** # | 0.97% | |
| Kotak Mahindra Bank Ltd (21/09/2022) ** # | 0.97% | |
| HDFC Bank Ltd (26/09/2022) ** # | 0.97% | |
| Indian Bank (04/10/2022) ** # | 0.97% | |
| Indian Bank (31/10/2022) # | 0.97% | |
| Axis Bank Ltd (09/11/2022) ** # | 0.96% | |
| HDFC Bank Ltd (10/11/2022) ** # | 0.96% | |
| Bank of Baroda (22/11/2022) ** # | 0.96% | |
| Canara Bank (14/09/2022) ** # | 0.49% | |
| Certificate of Deposit Total | 14.72% | |
| Corporate Bond | ||
| 6.98% National Bank For Agriculture and Rural Development (19/09/2022) | 0.34% | |
| Corporate Bond Total | 0.34% | |
| Cash & Other Receivables Total | 15.01% | |
| Total | 100.00% | |
** Thinly Traded / Non Traded Security # Unlisted Security
| IDCW (₹) Per Unit | |||
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
24-May-22 |
3.3331 |
3.3331 |
1,155.6359 |
24-Jun-22 |
4.4224 |
4.4224 |
1,156.7252 |
25-Jul-22 |
4.5945 |
4.5945 |
1,156.8973 |
24-Aug-22 |
4.9368 |
4.9368 |
1,157.2396 |
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
| Returns (in%) | |||||||
| 7 D | 15 D | 30 D | 1 Y | 3 Yrs | 5 Yrs | SI | |
| MACMF | 5.17% |
5.39% |
5.42% |
3.87% |
4.03% |
5.26% |
6.15% |
| Scheme Benchmark* | 5.41% |
5.76% |
5.85% |
4.05% |
4.16% |
5.32% |
6.98% |
| Additional Benchmark** | 3.62% |
4.37% |
4.88% |
3.18% |
4.62% |
5.59% |
5.98% |
| NAV as on 31st August, 2022 | ₹ 2,257.5951 | ||||||
| Index Value (31st August, 2022) | Index Value of benchmark is 4,089.76 and CRISIL 1 Year T-Bill is 6,403.99 | ||||||
| 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
#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