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 September 30, 2022 |
4,849.97 Net AUM (₹ Cr.) |
3,921.31 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on September 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 | ₹ 2,299.5737 | ₹ 2,267.0239 |
| Daily IDCW^ | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW^ | ₹ 1,216.9662 | ₹ 1,153.2626 |
| Monthly IDCW^ | ₹ 1,135.4264 | ₹ 1,153.0745 |
| Weighted Average Maturity | 43.37 Days |
| Modified Duration | 0.12 Yrs |
| Macaulay Duration | 0.12 Yrs |
| Yield to Maturity | 6.29% |
| Portfolio Holdings | % Allocation | |
| Commercial Paper | ||
| Small Industries Dev Bank of India (31/10/2022) ** | 3.17% | |
| Indian Oil Corporation Ltd (14/10/2022) ** | 2.54% | |
| Housing Development Finance Corporation Ltd (27/10/2022) ** | 2.54% | |
| National Bank For Agriculture and Rural Development (30/11/2022) ** | 2.52% | |
| NTPC Ltd (31/10/2022) ** | 1.90% | |
| Reliance Retail Ventures Ltd (03/10/2022) ** | 1.27% | |
| Berger Paints (I) Ltd (21/10/2022) ** | 1.27% | |
| Larsen & Toubro Ltd (31/10/2022) ** | 1.27% | |
| Reliance Jio Infocomm Ltd (31/10/2022) ** | 1.27% | |
| ICICI Securities Ltd (31/10/2022) ** | 1.27% | |
| Reliance Retail Ventures Ltd (07/11/2022) ** | 1.27% | |
| Small Industries Dev Bank of India (09/11/2022) ** | 1.27% | |
| HDFC Securities Ltd (07/11/2022) ** | 1.27% | |
| TV18 Broadcast Ltd (11/11/2022) ** | 1.27% | |
| Birla Group Holdings Private Ltd (09/11/2022) ** | 1.27% | |
| Larsen & Toubro Ltd (14/11/2022) ** | 1.26% | |
| IIFL Wealth Prime Ltd (10/11/2022) ** | 1.26% | |
| Tata Power Company Ltd (18/11/2022) ** | 1.26% | |
| National Bank For Agriculture and Rural Development (23/11/2022) ** | 1.26% | |
| Dabur India Ltd (23/11/2022) ** | 1.26% | |
| Reliance Retail Ventures Ltd (25/11/2022) ** | 1.26% | |
| Godrej Agrovet Ltd (25/11/2022) ** | 1.26% | |
| Bajaj Finance Ltd (25/11/2022) ** | 1.26% | |
| Hindustan Petroleum Corporation Ltd (28/11/2022) ** | 1.26% | |
| Bharat Petroleum Corporation Ltd (29/11/2022) ** | 1.26% | |
| Reliance Retail Ventures Ltd (29/11/2022) ** | 1.26% | |
| Birla Group Holdings Private Ltd (25/11/2022) ** | 1.26% | |
| Motilal Oswal Financial Services Ltd (23/11/2022) ** | 1.26% | |
| Reliance Retail Ventures Ltd (05/12/2022) ** | 1.26% | |
| IIFL Wealth Prime Ltd (28/11/2022) ** | 1.26% | |
| HDFC Securities Ltd (05/12/2022) ** | 1.26% | |
| NTPC Ltd (13/12/2022) ** | 1.26% | |
| Reliance Jio Infocomm Ltd (14/12/2022) ** | 1.26% | |
| Reliance Jio Infocomm Ltd (15/12/2022) ** | 1.26% | |
| Birla Group Holdings Private Ltd (15/12/2022) ** | 1.26% | |
| Export Import Bank of India (30/12/2022) ** | 1.25% | |
| Arka Fincap Ltd (10/10/2022) ** | 0.64% | |
| HDFC Securities Ltd (21/10/2022) ** | 0.63% | |
| Reliance Retail Ventures Ltd (28/10/2022) ** | 0.63% | |
| Housing Development Finance Corporation Ltd (25/11/2022) ** | 0.63% | |
| Commercial Paper Total | 54.37% | |
| Treasury Bill | ||
| 182 Days Tbill (10/11/2022) | 4.43% | |
| 364 Days Tbill (02/11/2022) | 3.55% | |
| 91 Days Tbill (27/10/2022) | 2.54% | |
| 182 Days Tbill (03/11/2022) | 2.54% | |
| 91 Days Tbill (17/11/2022) | 1.52% | |
| 91 Days Tbill (20/10/2022) | 1.27% | |
| 364 Days Tbill (17/11/2022) | 1.26% | |
| 91 Days Tbill (08/12/2022) | 1.26% | |
| 182 Days Tbill (15/12/2022) | 1.26% | |
| 91 Days Tbill (13/10/2022) | 0.74% | |
| 364 Days Tbill (10/11/2022) | 0.63% | |
| Treasury Bill Total | 21.00% | |
| Certificate of Deposit | ||
| Punjab National Bank (25/11/2022) ** # | 3.16% | |
| State Bank of India (03/10/2022) ** # | 2.55% | |
| Indian Bank (31/10/2022) ** # | 2.54% | |
| Axis Bank Ltd (10/10/2022) ** # | 1.27% | |
| Axis Bank Ltd (09/11/2022) ** # | 1.27% | |
| Bank of Baroda (22/11/2022) ** # | 1.26% | |
| IDFC First Bank Ltd (01/12/2022) ** # | 1.26% | |
| Axis Bank Ltd (07/12/2022) ** # | 1.26% | |
| HDFC Bank Ltd (13/12/2022) ** # | 1.26% | |
| Axis Bank Ltd (28/12/2022) ** # | 1.26% | |
| Axis Bank Ltd (11/11/2022) ** # | 0.63% | |
| HDFC Bank Ltd (27/12/2022) ** # | 0.63% | |
| Certificate of Deposit Total | 18.34% | |
| Government Bond | ||
| 6.84% GOI (19/12/2022) | 1.28% | |
| Government Bond Total | 1.28% | |
| Corporate Bond | ||
| 7.45% REC Ltd (30/11/2022) ** | 0.64% | |
| Corporate Bond Total | 0.64% | |
| Cash & Other Receivables Total | 4.38% | |
| Total | 100.00% | |
** Thinly Traded / Non Traded Security # Unlisted Security
| IDCW (₹) Per Unit | |||
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
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 |
26-Sep-22 |
5.1873 |
5.1873 |
1,157.4901 |
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 | 5.58% |
5.03% |
5.08% |
4.05% |
4.01% |
5.24% |
6.15% |
| Scheme Benchmark* | 4.87% |
4.71% |
5.13% |
4.22% |
4.15% |
5.30% |
6.97% |
| Additional Benchmark** | 7.82% |
-0.29% |
2.43% |
3.18% |
4.48% |
5.53% |
5.95% |
| NAV as on 30th September, 2022 | ₹ 2,267.0239 | ||||||
| Index Value (30th September, 2022) | Index Value of benchmark is 4,107.01 and CRISIL 1 Year T-Bill is 6,416.76 | ||||||
| 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>