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 June 30, 2023 |
7,168.14 Net AUM (₹ Cr.) |
6,338.01 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on June 30, 2023 Regular Plan: 0.25% Direct Plan: 0.15% **For experience of Fund Managers Click Here |
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| NAV: | Direct | Regular |
| Growth | ₹ 2,417.7902 | ₹ 2,381.7384 |
| Daily IDCW | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW | ₹ 1,216.6698 | ₹ 1,152.9825 |
| Monthly IDCW | ₹ 1,135.4944 | ₹ 1,153.1434 |
| Average Maturity | 55.23 Days |
| Modified Duration | 0.15 Yrs |
| Macaulay Duration | 0.15 Yrs |
| Annualized Portfolio YTM* | 7.01% |
*In case of semi annual YTM, it will be annualized.
| Portfolio Holdings | % Allocation |
| Commercial Paper | |
| Power Finance Corporation Ltd (15/09/2023) | 3.50% |
| UltraTech Cement Ltd (14/09/2023) ** | 3.11% |
| Larsen & Toubro Ltd (19/07/2023) ** | 1.57% |
| Small Industries Dev Bank of India (27/07/2023) | 1.57% |
| Tata Capital Financial Services Ltd (18/08/2023) ** | 1.56% |
| NABARD (05/09/2023) ** | 1.56% |
| NTPC Ltd (12/09/2023) ** | 1.56% |
| Export Import Bank of India (25/09/2023) ** | 1.55% |
| Godrej Industries Ltd (10/08/2023) ** | 1.17% |
| Aditya Birla Money Ltd (04/09/2023) ** | 1.17% |
| 360 One Prime Ltd (28/09/2023) ** | 1.16% |
| Motilal Oswal Finvest Ltd (08/08/2023) ** | 1.02% |
| Bajaj Finance Ltd (13/07/2023) ** | 0.79% |
| NABARD (18/07/2023) ** | 0.79% |
| Godrej Agrovet Ltd (18/07/2023) ** | 0.79% |
| Godrej Industries Ltd (19/07/2023) ** | 0.79% |
| Birla Group Holdings Private Ltd (19/07/2023) ** | 0.79% |
| Godrej Properties Ltd (19/07/2023) ** | 0.79% |
| ICICI Sec Primary Dealership Ltd (21/07/2023) ** | 0.79% |
| Reliance Industries Ltd (27/07/2023) ** | 0.78% |
| Poonawalla Fincorp Ltd (27/07/2023) ** | 0.78% |
| Network18 Media & Investments Ltd (28/07/2023) ** | 0.78% |
| Aditya Birla Money Ltd (27/07/2023) ** | 0.78% |
| HDFC Securities Ltd (02/08/2023) ** | 0.78% |
| ICICI Securities Ltd (03/08/2023) ** | 0.78% |
| Aditya Birla Fashion and Retail Ltd (07/08/2023) ** | 0.78% |
| Sharekhan Ltd (11/08/2023) ** | 0.78% |
| Small Industries Dev Bank of India (14/08/2023) | 0.78% |
| Reliance Retail Ventures Ltd (14/08/2023) ** | 0.78% |
| Network18 Media & Investments Ltd (14/08/2023) ** | 0.78% |
| ICICI Securities Ltd (18/08/2023) ** | 0.78% |
| NABARD (21/08/2023) ** | 0.78% |
| Small Industries Dev Bank of India (23/08/2023) ** | 0.78% |
| Tata Power Company Ltd (22/08/2023) ** | 0.78% |
| Birla Group Holdings Private Ltd (21/08/2023) ** | 0.78% |
| Network18 Media & Investments Ltd (29/08/2023) ** | 0.78% |
| Reliance Retail Ventures Ltd (01/09/2023) ** | 0.78% |
| ICICI Securities Ltd (08/09/2023) ** | 0.78% |
| Motilal Oswal Financial Services Ltd (04/09/2023) ** | 0.78% |
| Export Import Bank of India (20/09/2023) ** | 0.78% |
| ICICI Securities Ltd (18/09/2023) ** | 0.78% |
| Godrej Agrovet Ltd (18/09/2023) ** | 0.78% |
| Small Industries Dev Bank of India (22/09/2023) ** | 0.78% |
| 360 One Prime Ltd (13/09/2023) ** | 0.78% |
| ICICI Sec Primary Dealership Ltd (21/09/2023) ** | 0.78% |
| Reliance Retail Ventures Ltd (26/09/2023) ** | 0.78% |
| Shriram Finance Ltd (21/09/2023) ** | 0.78% |
| Reliance Retail Ventures Ltd (08/08/2023) ** | 0.70% |
| Reliance Retail Ventures Ltd (17/07/2023) ** | 0.63% |
| Shriram Housing Finance Ltd (12/09/2023) ** | 0.39% |
| Motilal Oswal Financial Services Ltd (28/07/2023) ** | 0.24% |
| Commercial Paper Total | 49.80% |
| Certificate of Deposit | |
| Small Industries Dev Bank of India (29/08/2023) ** # | 1.95% |
| Kotak Mahindra Bank Ltd (11/08/2023) ** # | 1.57% |
| Bank of Baroda (05/09/2023) ** # | 1.56% |
| Indian Bank (06/09/2023) ** # | 1.56% |
| ICICI Bank Ltd (11/09/2023) # | 1.56% |
| Bank of Baroda (11/09/2023) ** # | 1.56% |
| Canara Bank (26/09/2023) ** # | 1.55% |
| HDFC Bank Ltd (17/07/2023) # | 0.79% |
| Canara Bank (03/08/2023) ** # | 0.78% |
| Punjab National Bank (09/08/2023) ** # | 0.78% |
| Canara Bank (11/08/2023) # | 0.78% |
| Export Import Bank of India (17/08/2023) ** # | 0.78% |
| Punjab National Bank (18/08/2023) ** # | 0.78% |
| Bank of Maharashtra (23/08/2023) ** # | 0.78% |
| Canara Bank (29/08/2023) ** # | 0.78% |
| Bank of Maharashtra (06/09/2023) ** # | 0.78% |
| State Bank of India (12/09/2023) # | 0.78% |
| HDFC Bank Ltd (12/09/2023) ** # | 0.78% |
| Canara Bank (15/09/2023) ** # | 0.78% |
| Axis Bank Ltd (18/09/2023) ** # | 0.78% |
| Bank of Maharashtra (27/09/2023) ** # | 0.78% |
| Canara Bank (30/08/2023) # | 0.39% |
| Small Industries Dev Bank of India (12/09/2023) ** # | 0.39% |
| Certificate of Deposit Total | 23.00% |
| Treasury Bill | |
| 91 Days Tbill (31/08/2023) | 5.46% |
| 91 Days Tbill (03/08/2023) | 3.14% |
| 182 Days Tbill (07/09/2023) | 3.12% |
| 91 Days Tbill (10/08/2023) | 2.35% |
| 182 Days Tbill (22/09/2023) | 1.55% |
| 91 Days Tbill (14/09/2023) | 1.01% |
| 91 Days Tbill (07/09/2023) | 0.78% |
| Treasury Bill Total | 17.40% |
| Corporate Bond | |
| 5.47% Power Finance Corporation Ltd (19/08/2023) ** | 1.57% |
| 4.71% HDFC Ltd (07/09/2023) ** | 1.57% |
| 5.32% National Housing Bank (01/09/2023) ** | 0.79% |
| Corporate Bond Total | 3.93% |
| State Government Bond | |
| 6.83% Rajasthan SDL (25/09/2023) | 1.58% |
| State Government Bond Total | 1.58% |
| Cash & Other Receivables Total | 4.29% |
| 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 | 6.39% | 6.56% | 6.60% | 6.39% | 4.40% | 5.22% | 6.18% |
| Scheme Benchmark* | 6.77% | 6.88% | 6.94% | 6.68% | 4.60% | 5.34% | 6.98% |
| Additional Benchmark** | 8.50% | 5.48% | 7.04% | 6.45% | 4.33% | 5.71% | 6.00% |
| NAV as on 30th June, 2023 | ₹ 2,381.7384 | ||||||
| Index Value (30th June, 2023) | Index Value of benchmark is 4,324.19 and CRISIL 1 Year T-Bill is 6,745.97 |
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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.
^^As per notice cum addendum no. 34/2023 riskometer of the scheme has changed. Please visit the website for more details https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
| Quantum (₹ per unit) | |||
| Record Date | Individual | Corporate | NAV (₹ per unit) |
24-Mar-23 |
6.1755 |
6.1755 |
1,158.4783 |
24-Apr-23 |
6.3486 |
6.3486 |
1,158.6514 |
24-May-23 |
6.5988 |
6.5988 |
1,158.9016 |
26-Jun-23 |
6.8395 |
6.8395 |
1,159.1423 |
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