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 |
||||||||||||||||||||||||
| 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 |
||||||||||||||||||||||||
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 January 31, 2023 |
6,117.99 Net AUM (₹ Cr.) |
5,735.40 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on January 31, 2023 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. |
| |||||||||||||
| NAV: | Direct | Regular |
| Growth | ₹ 2,349.6674 | ₹ 2,315.5842 |
| Daily IDCW^ | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW^ | ₹ 1,217.4970 | ₹ 1,153.7543 |
| Monthly IDCW^ | ₹ 1,136.0472 | ₹ 1,153.6960 |
| Average Maturity | 34.87 Days |
| Modified Duration | 0.10 Yrs |
| Macaulay Duration | 0.10 Yrs |
| Annualized Portfolio YTM* | 6.93% |
*In case of semi annual YTM, it will be annualized.
| IDCW (₹) Per Unit | |||
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
25-Oct-22 |
5.3556 |
5.3556 |
1,157.6584 |
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 |
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
| Portfolio Holdings | % Allocation |
| Commercial Paper | |
| Small Industries Dev Bank of India (20/03/2023) ** | 3.46% |
| Redington Ltd (28/02/2023) ** | 1.82% |
| Hindustan Petroleum Corporation Ltd (13/02/2023) ** | 1.74% |
| Reliance Retail Ventures Ltd (15/02/2023) ** | 1.74% |
| ICICI Securities Ltd (15/02/2023) ** | 1.74% |
| Hero Fincorp Ltd (21/03/2023) ** | 1.73% |
| Reliance Jio Infocomm Ltd (24/03/2023) ** | 1.73% |
| National Bank For Agriculture and Rural Development (03/04/2023) ** | 1.72% |
| National Bank For Agriculture and Rural Development (28/04/2023) ** | 1.71% |
| Motilal Oswal Financial Services Ltd (14/02/2023) ** | 1.30% |
| IIFL Wealth Prime Ltd (15/02/2023) ** | 1.30% |
| Tata Power Company Ltd (24/02/2023) ** | 1.30% |
| Tata Power Renewable Energy Ltd (10/03/2023) ** | 1.30% |
| IIFL Wealth Prime Ltd (25/04/2023) ** | 0.94% |
| IIFL Wealth Prime Ltd (02/02/2023) ** | 0.87% |
| Godrej Agrovet Ltd (06/02/2023) ** | 0.87% |
| Export Import Bank of India (13/02/2023) ** | 0.87% |
| Godrej Properties Ltd (13/02/2023) ** | 0.87% |
| Housing Development Finance Corporation Ltd (24/02/2023) | 0.87% |
| Small Industries Dev Bank of India (27/02/2023) | 0.87% |
| National Bank For Agriculture and Rural Development (27/02/2023) ** | 0.87% |
| HDFC Securities Ltd (27/02/2023) ** | 0.87% |
| Larsen & Toubro Ltd (28/02/2023) ** | 0.87% |
| BOB Financial Solutions Ltd (28/02/2023) ** | 0.87% |
| Export Import Bank of India (01/03/2023) ** | 0.87% |
| Birla Group Holdings Private Ltd (28/02/2023) ** | 0.87% |
| Motilal Oswal Financial Services Ltd (28/02/2023) ** | 0.87% |
| Reliance Jio Infocomm Ltd (06/03/2023) ** | 0.87% |
| Small Industries Dev Bank of India (10/03/2023) ** | 0.87% |
| ICICI Securities Ltd (10/03/2023) ** | 0.87% |
| ICICI Home Finance Company Ltd (14/03/2023) ** | 0.86% |
| Redington Ltd (15/03/2023) ** | 0.86% |
| HDFC Securities Ltd (15/03/2023) ** | 0.86% |
| Tata Power Renewable Energy Ltd (22/03/2023) ** | 0.86% |
| HDFC Securities Ltd (03/04/2023) ** | 0.86% |
| Godrej Properties Ltd (13/04/2023) ** | 0.86% |
| Godrej Industries Ltd (18/04/2023) ** | 0.86% |
| National Bank For Agriculture and Rural Development (24/04/2023) | 0.86% |
| Network18 Media & Investments Ltd (28/04/2023) ** | 0.86% |
| HDFC Securities Ltd (28/04/2023) ** | 0.86% |
| Birla Group Holdings Private Ltd (26/04/2023) ** | 0.86% |
| Birla Group Holdings Private Ltd (02/05/2023) ** | 0.85% |
| Godrej Agrovet Ltd (13/02/2023) ** | 0.43% |
| TV18 Broadcast Ltd (23/02/2023) ** | 0.43% |
| Network18 Media & Investments Ltd (23/02/2023) ** | 0.43% |
| Sharekhan Ltd (03/03/2023) ** | 0.43% |
| Sharekhan BNP Paribas Financial Services Ltd (03/03/2023) ** | 0.43% |
| Export Import Bank of India (24/03/2023) ** | 0.43% |
| Piramal Enterprises Ltd (20/03/2023) ** | 0.43% |
| Commercial Paper Total | 50.76% |
| Certificate of Deposit | |
| Canara Bank (02/03/2023) ** # | 2.60% |
| State Bank of India (03/04/2023) ** # | 1.72% |
| Canara Bank (05/04/2023) ** # | 1.72% |
| Bank of Baroda (10/02/2023) # | 1.31% |
| National Bank For Agriculture and Rural Development (14/02/2023) ** # | 1.30% |
| Bank of Baroda (14/02/2023) # | 1.30% |
| Axis Bank Ltd (28/02/2023) ** # | 1.30% |
| Canara Bank (06/02/2023) ** # | 0.87% |
| IDFC First Bank Ltd (07/02/2023) ** # | 0.87% |
| National Bank For Agriculture and Rural Development (08/02/2023) # | 0.87% |
| Canara Bank (10/02/2023) ** # | 0.87% |
| IDFC First Bank Ltd (13/02/2023) ** # | 0.87% |
| Canara Bank (14/02/2023) ** # | 0.87% |
| Punjab National Bank (24/02/2023) ** # | 0.87% |
| Axis Bank Ltd (03/03/2023) # | 0.87% |
| Union Bank of India (03/03/2023) ** # | 0.87% |
| HDFC Bank Ltd (06/03/2023) ** # | 0.87% |
| Axis Bank Ltd (07/03/2023) ** # | 0.87% |
| Axis Bank Ltd (09/03/2023) ** # | 0.87% |
| Canara Bank (10/03/2023) # | 0.87% |
| Canara Bank (17/03/2023) ** # | 0.86% |
| Kotak Mahindra Bank Ltd (20/03/2023) ** # | 0.86% |
| Axis Bank Ltd (20/03/2023) ** # | 0.86% |
| HDFC Bank Ltd (13/04/2023) # | 0.86% |
| IDFC First Bank Ltd (19/04/2023) ** # | 0.86% |
| Axis Bank Ltd (28/04/2023) ** # | 0.86% |
| Kotak Mahindra Bank Ltd (13/02/2023) # | 0.43% |
| Axis Bank Ltd (08/03/2023) # | 0.43% |
| Certificate of Deposit Total | 28.58% |
| Treasury Bill | |
| 91 Days Tbill (02/02/2023) | 1.74% |
| 182 Days Tbill (09/02/2023) | 1.74% |
| 91 Days Tbill (09/02/2023) | 1.74% |
| 91 Days Tbill (16/02/2023) | 1.74% |
| 364 Days Tbill (02/03/2023) | 0.87% |
| 182 Days Tbill (02/03/2023) | 0.87% |
| 182 Days Tbill (09/03/2023) | 0.87% |
| 91 Days Tbill (09/03/2023) | 0.87% |
| 91 Days Tbill (16/03/2023) | 0.87% |
| 182 Days Tbill (23/03/2023) | 0.86% |
| Treasury Bill Total | 12.16% |
| Corporate Bond | |
| 8.84% Power Finance Corporation Ltd (04/03/2023) ** | 0.96% |
| 6.99% Housing Development Finance Corporation Ltd (13/02/2023) ** | 0.87% |
| 6.95% Reliance Industries Ltd (15/03/2023) ** | 0.87% |
| 6.55% National Housing Bank (17/04/2023) ** | 0.87% |
| 6.65% Grasim Industries Ltd (17/02/2023) ** | 0.78% |
| 6.27% Small Industries Dev Bank of India (27/02/2023) ** | 0.44% |
| 8.8% Export Import Bank of India (15/03/2023) ** | 0.35% |
| Corporate Bond Total | 5.14% |
| Cash & Other Receivables Total | 3.36% |
| 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 | 6.30% |
6.17% |
6.25% |
5.09% |
4.14% |
5.23% |
6.15% |
| Scheme Benchmark* | 6.50% |
6.48% |
6.60% |
5.31% |
4.29% |
5.32% |
6.97% |
| Additional Benchmark** | 6.96% |
6.34% |
6.97% |
4.56% |
4.54% |
5.61% |
5.97% |
| NAV as on 31st January, 2023 | ₹ 2,315.5842 | ||||||
| Index Value (31st January, 2023) | Index Value of benchmark is 4,199.18 and CRISIL 1 Year T-Bill is 6,558.51 |
||||||
| 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>