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 February 28, 2023 |
5,714.08 Net AUM (₹ Cr.) |
5,981.73 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on February 28, 2023 Regular Plan: 0.24% Direct Plan: 0.14% **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 | ₹ 2,361.2313 | ₹ 2,326.7977 |
| Daily IDCW^ | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW^ | ₹ 1,217.4277 | ₹ 1,153.6877 |
| Monthly IDCW^ | ₹ 1,135.4287 | ₹ 1,153.0762 |
| Average Maturity | 33.68 Days |
| Modified Duration | 0.09 Yrs |
| Macaulay Duration | 0.09 Yrs |
| Annualized Portfolio YTM* | 7.19% |
*In case of semi annual YTM, it will be annualized.
| Portfolio Holdings | % Allocation |
| Commercial Paper | |
| Small Industries Dev Bank of India (20/03/2023) | 3.33% |
| Sikka Ports and Terminals Ltd (28/04/2023) ** | 2.48% |
| Hero Fincorp Ltd (21/03/2023) ** | 1.66% |
| Reliance Jio Infocomm Ltd (24/03/2023) ** | 1.66% |
| NABARD (28/04/2023) ** | 1.65% |
| Tata Power Renewable Energy Ltd (10/03/2023) ** | 1.25% |
| Godrej Industries Ltd (15/05/2023) ** | 1.23% |
| Motilal Oswal Financial Services Ltd (11/05/2023) ** | 0.92% |
| IIFL Wealth Prime Ltd (25/04/2023) ** | 0.91% |
| Export Import Bank of India (01/03/2023) ** | 0.84% |
| Reliance Jio Infocomm Ltd (06/03/2023) ** | 0.83% |
| Small Industries Dev Bank of India (10/03/2023) ** | 0.83% |
| ICICI Securities Ltd (10/03/2023) ** | 0.83% |
| ICICI Home Finance Company Ltd (14/03/2023) ** | 0.83% |
| HDFC Securities Ltd (15/03/2023) ** | 0.83% |
| Redington Ltd (15/03/2023) ** | 0.83% |
| Tata Power Renewable Energy Ltd (22/03/2023) ** | 0.83% |
| HDFC Securities Ltd (03/04/2023) ** | 0.83% |
| Godrej Properties Ltd (13/04/2023) ** | 0.83% |
| Godrej Industries Ltd (18/04/2023) ** | 0.83% |
| NABARD (24/04/2023) ** | 0.83% |
| Network18 Media & Investments Ltd (28/04/2023) ** | 0.83% |
| HDFC Securities Ltd (28/04/2023) ** | 0.83% |
| Birla Group Holdings Private Ltd (26/04/2023) ** | 0.83% |
| Birla Group Holdings Private Ltd (02/05/2023) ** | 0.82% |
| ICICI Securities Ltd (08/05/2023) ** | 0.82% |
| Godrej Agrovet Ltd (10/05/2023) ** | 0.82% |
| Reliance Jio Infocomm Ltd (12/05/2023) ** | 0.82% |
| IIFL Wealth Prime Ltd (05/05/2023) ** | 0.82% |
| Godrej Agrovet Ltd (12/05/2023) ** | 0.82% |
| Small Industries Dev Bank of India (17/05/2023) ** | 0.82% |
| Reliance Retail Ventures Ltd (17/05/2023) ** | 0.82% |
| ICICI Securities Ltd (16/05/2023) ** | 0.82% |
| Network18 Media & Investments Ltd (30/05/2023) ** | 0.82% |
| Birla Group Holdings Private Ltd (30/05/2023) ** | 0.82% |
| Sharekhan Ltd (03/03/2023) ** | 0.42% |
| Sharekhan BNP Paribas Financial Services Ltd (03/03/2023) ** | 0.42% |
| Piramal Enterprises Ltd (20/03/2023) ** | 0.42% |
| Export Import Bank of India (24/03/2023) ** | 0.42% |
| Tata Power Company Ltd (27/03/2023) ** | 0.42% |
| NABARD (15/05/2023) ** | 0.41% |
| JSW Energy Ltd (15/05/2023) ** | 0.41% |
| BOB Financial Solutions Ltd (15/05/2023) ** | 0.21% |
| Birla Group Holdings Private Ltd (15/05/2023) ** | 0.08% |
| Commercial Paper Total | 39.81% |
| Certificate of Deposit | |
| Canara Bank (02/03/2023) ** # | 2.51% |
| Bank of Baroda (05/05/2023) ** # | 1.65% |
| Canara Bank (08/05/2023) ** # | 1.65% |
| Union Bank of India (03/03/2023) # | 0.84% |
| Axis Bank Ltd (03/03/2023) ** # | 0.84% |
| HDFC Bank Ltd (06/03/2023) # | 0.83% |
| Axis Bank Ltd (07/03/2023) ** # | 0.83% |
| Axis Bank Ltd (09/03/2023) ** # | 0.83% |
| Canara Bank (10/03/2023) ** # | 0.83% |
| Canara Bank (17/03/2023) ** # | 0.83% |
| Kotak Mahindra Bank Ltd (20/03/2023) ** # | 0.83% |
| Axis Bank Ltd (20/03/2023) ** # | 0.83% |
| State Bank of India (03/04/2023) # | 0.83% |
| HDFC Bank Ltd (13/04/2023) # | 0.83% |
| IDFC First Bank Ltd (19/04/2023) ** # | 0.83% |
| Axis Bank Ltd (28/04/2023) # | 0.83% |
| Canara Bank (18/05/2023) ** # | 0.82% |
| Canara Bank (26/05/2023) ** # | 0.82% |
| Axis Bank Ltd (08/03/2023) ** # | 0.42% |
| Bank of Maharashtra (12/05/2023) ** # | 0.41% |
| HDFC Bank Ltd (15/05/2023) # | 0.41% |
| Canara Bank (15/05/2023) ** # | 0.41% |
| Certificate of Deposit Total | 19.92% |
| Treasury Bill | |
| 182 Days Tbill (28/04/2023) | 2.48% |
| 91 Days Tbill (04/05/2023) | 2.48% |
| 91 Days Tbill (11/05/2023) | 1.70% |
| 182 Days Tbill (02/03/2023) | 0.84% |
| 364 Days Tbill (02/03/2023) | 0.84% |
| 91 Days Tbill (09/03/2023) | 0.83% |
| 182 Days Tbill (09/03/2023) | 0.83% |
| 91 Days Tbill (16/03/2023) | 0.83% |
| 182 Days Tbill (23/03/2023) | 0.83% |
| 364 Days Tbill (20/04/2023) | 0.83% |
| 364 Days Tbill (27/04/2023) | 0.83% |
| Treasury Bill Total | 13.32% |
| Corporate Bond | |
| 5.04% Indian Railway Finance Corporation Ltd (05/05/2023) ** | 1.66% |
| 8.8% Power Grid Corporation of India Ltd (13/03/2023) ** | 1.17% |
| 8.84% Power Finance Corporation Ltd (04/03/2023) ** | 0.92% |
| 6.95% Reliance Industries Ltd (15/03/2023) ** | 0.84% |
| 6.55% National Housing Bank (17/04/2023) ** | 0.83% |
| 8.8% Export Import Bank of India (15/03/2023) ** | 0.33% |
| Corporate Bond Total | 5.76% |
| Cash & Other Receivables Total | 21.20% |
| 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 | 5.92% |
6.05% |
6.29% |
5.31% |
4.17% |
5.23% |
6.16% |
| Scheme Benchmark* | 6.01% |
6.31% |
6.55% |
5.54% |
4.33% |
5.32% |
6.97% |
| Additional Benchmark** | 0.06% |
1.44% |
1.87% |
4.21% |
4.44% |
5.55% |
5.95% |
| NAV as on 28th February, 2023 | ₹ 2,326.7977 | ||||||
| Index Value (28th February, 2023) | Index Value of benchmark is 4,220.41 and CRISIL 1 Year T-Bill is 6,566.86 |
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| 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
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 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option>
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.
| IDCW (₹) Per Unit | |||
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
24-Nov-22 |
6.0697 |
6.0697 |
1,158.3725 |
26-Dec-22 |
6.4784 |
6.4784 |
1,158.7812 |
24-Jan-23 |
5.9822 |
5.9822 |
1,158.2850 |
24-Feb-23 |
6.2029 |
6.2029 |
1,158.5057 |
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