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. 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 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, 2021 |
4,180.28 Net AUM (₹ Cr.) |
4,350.53 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on November 30, 2021 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 | ₹ 2,220.5474 | ₹ 2,190.8948 |
| Daily IDCW | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW | ₹ 1,216.9137 | ₹ 1,153.2008 |
| Monthly IDCW | ₹ 1,135.3119 | ₹ 1,152.9527 |
| Weighted Average Maturity | 27.75 Days |
| Modified Duration | 0.08 Years |
| Macaulay Duration | 0.08 Years |
| Yield to Maturity | 3.53% |
| Portfolio Holdings | % Allocation | |
| Commercial Paper | ||
| Small Industries Dev Bank of India (28/12/2021) | 3.82% | |
| Indian Oil Corporation Ltd (10/12/2021) | 2.30% | |
| IGH Holdings Private Ltd (09/12/2021) | 2.30% | |
| Chennai Petroleum Corporation Ltd (17/12/2021) | 2.29% | |
| IIFL Wealth Prime Ltd (15/12/2021) | 2.29% | |
| Export Import Bank of India (21/12/2021) | 2.29% | |
| IIFL Wealth Prime Ltd (20/12/2021) | 2.29% | |
| Reliance Industries Ltd (11/01/2022) | 2.29% | |
| Chennai Petroleum Corporation Ltd (18/01/2022) | 2.29% | |
| REC Ltd (15/02/2022) | 2.28% | |
| TV18 Broadcast Ltd (17/01/2022) | 1.72% | |
| The Ramco Cements Ltd (24/01/2022) | 1.71% | |
| LIC Housing Finance Ltd (14/12/2021) | 1.38% | |
| Indian Oil Corporation Ltd (02/12/2021) | 1.15% | |
| Chennai Petroleum Corporation Ltd (03/12/2021) | 1.15% | |
| NLC India Ltd (06/12/2021) | 1.15% | |
| Reliance Jio Infocomm Ltd (06/12/2021) | 1.15% | |
| Indian Oil Corporation Ltd (13/12/2021) | 1.15% | |
| Berger Paints (I) Ltd (27/12/2021) | 1.15% | |
| Steel Authority of India Ltd (29/12/2021) | 1.15% | |
| Export Import Bank of India (31/12/2021) | 1.15% | |
| Reliance Jio Infocomm Ltd (13/01/2022) | 1.14% | |
| Reliance Jio Infocomm Ltd (17/01/2022) | 1.14% | |
| Network18 Media & Investments Ltd (24/01/2022) | 1.14% | |
| Chennai Petroleum Corporation Ltd (03/02/2022) | 1.14% | |
| Reliance Jio Infocomm Ltd (04/02/2022) | 1.14% | |
| Hindustan Petroleum Corporation Ltd (08/02/2022) | 1.14% | |
| Reliance Jio Infocomm Ltd (11/02/2022) | 1.14% | |
| Birla Group Holdings Private Ltd (11/02/2022) | 1.14% | |
| Reliance Industries Ltd (24/02/2022) | 1.14% | |
| Reliance Jio Infocomm Ltd (28/02/2022) | 1.14% | |
| Housing Development Finance Corporation Ltd (28/02/2022) | 1.14% | |
| Bajaj Finance Ltd (28/02/2022) | 1.14% | |
| Pilani Investment and Industries Corporation Ltd (22/02/2022) | 1.14% | |
| Godrej Agrovet Ltd (17/12/2021) | 0.57% | |
| JM Financial Products Ltd (27/12/2021) | 0.57% | |
| NABARD (12/01/2022) | 0.23% | |
| Commercial Paper Total | 54.62% | |
| Treasury Bill | ||
| 182 Days Tbill (02/12/2021) | 6.89% | |
| 182 Days Tbill (16/12/2021) | 4.47% | |
| 91 Days Tbill (02/12/2021) | 3.45% | |
| 91 Days Tbill (13/01/2022) | 2.29% | |
| 182 Days Tbill (30/12/2021) | 1.60% | |
| 364 Days Tbill (13/01/2022) | 1.14% | |
| 364 Days Tbill (20/01/2022) | 1.14% | |
| 91 Days Tbill (27/01/2022) | 1.14% | |
| 364 Days Tbill (02/12/2021) | 0.57% | |
| Treasury Bill Total | 22.71% | |
| Corporate Bond | ||
| 7.17% National Highways Auth Of Ind (23/12/2021) | 4.37% | |
| 8.6% NABARD (31/01/2022) | 1.16% | |
| Corporate Bond Total | 5.53% | |
| Certificate of Deposit | ||
| HDFC Bank Ltd (01/12/2021) | 2.30% | |
| Export Import Bank of India (01/12/2021) | 1.15% | |
| Axis Bank Ltd (31/01/2022) | 0.57% | |
| Certificate of Deposit Total | 4.02% | |
| Cash & Other Receivables Total | 13.11% | |
| Total | 100.00% | |
| IDCW (₹) Per Unit | |||
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
24-Aug-21 |
3.0809 |
3.0809 |
1,155.3837 |
24-Sep-21 |
2.9656 |
2.9656 |
1,155.2684 |
25-Oct-21 |
2.9902 |
2.9902 |
1,155.2930 |
24-Nov-21 |
3.2922 |
3.2922 |
1,155.5950 |
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 | 3.58 |
3.38 |
3.55 |
3.28 |
4.79 |
5.64 |
6.27 |
| Scheme Benchmark* | 3.85 |
3.69 |
3.97 |
3.57 |
5.13 |
5.89 |
6.91 |
| Additional Benchmark** | 2.96 |
3.13 |
3.76 |
3.49 |
5.82 |
5.91 |
6.13 |
| NAV as on 30th November, 2021 | 2,190.8948 |
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| Index Value (30th November, 2021) | Index Value of benchmark is 3,501.55 and CRISIL 1 Year T-Bill is 6,246.02 |
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| 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
