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 October 31, 2023 |
9,663.57 Net AUM (₹ Cr.) |
10,112.01 Monthly Total Expense Ratio |
(Including Statutory Levies) as on October 31, 2023 Regular Plan: 0.23% Direct Plan: 0.12% **For experience of Fund Managers Click Here |
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| NAV: | Direct | Regular |
| Growth | ₹ 2,473.9492 | ₹ 2,436.2002 |
| Daily IDCW | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW | ₹ 1,217.5907 | ₹ 1,153.8459 |
| Monthly IDCW | ₹ 1,135.9435 | ₹ 1,153.5917 |
| Average Maturity | 39.45 Days |
| Modified Duration | 0.11 Yrs |
| Macaulay Duration | 0.11 Yrs |
| Annualized Portfolio YTM* | 7.17% |
*In case of semi annual YTM, it will be annualized.
| Portfolio Holdings | % Allocation |
| Commercial Paper | |
| UltraTech Cement Ltd (01/12/2023) ** | 2.46% |
| Larsen & Toubro Ltd (29/12/2023) ** | 1.71% |
| NABARD (08/12/2023) ** | 1.47% |
| Small Industries Dev Bank of India (25/01/2024) ** | 1.36% |
| Reliance Retail Ventures Ltd (15/11/2023) ** | 0.99% |
| Bajaj Finance Ltd (21/11/2023) ** | 0.98% |
| Small Industries Dev Bank of India (22/11/2023) ** | 0.98% |
| NABARD (28/11/2023) ** | 0.98% |
| Small Industries Dev Bank of India (28/11/2023) ** | 0.98% |
| Larsen & Toubro Ltd (30/11/2023) ** | 0.98% |
| Reliance Retail Ventures Ltd (04/12/2023) ** | 0.98% |
| The Ramco Cements Ltd (04/12/2023) ** | 0.98% |
| Tata Steel Ltd (06/12/2023) ** | 0.98% |
| Aditya Birla Fashion and Retail Ltd (06/12/2023) ** | 0.98% |
| Export Import Bank of India (07/12/2023) ** | 0.98% |
| Small Industries Dev Bank of India (07/12/2023) ** | 0.98% |
| Bharti Telecom Ltd (05/12/2023) ** | 0.98% |
| Grasim Industries Ltd (12/12/2023) ** | 0.98% |
| Small Industries Dev Bank of India (15/12/2023) ** | 0.98% |
| Shriram Finance Ltd (14/12/2023) ** | 0.98% |
| Export Import Bank of India (20/12/2023) ** | 0.98% |
| Godrej Consumer Products Ltd (21/12/2023) ** | 0.98% |
| Small Industries Dev Bank of India (22/12/2023) ** | 0.98% |
| NABARD (18/01/2024) | 0.97% |
| Bajaj Finance Ltd (17/01/2024) ** | 0.97% |
| Godrej Consumer Products Ltd (22/01/2024) ** | 0.97% |
| HDFC Securities Ltd (25/01/2024) ** | 0.97% |
| Godrej Industries Ltd (10/11/2023) ** | 0.74% |
| Godrej Industries Ltd (24/11/2023) ** | 0.74% |
| Godrej Industries Ltd (01/12/2023) ** | 0.74% |
| Aditya Birla Money Ltd (08/12/2023) ** | 0.74% |
| Godrej Housing Finance Ltd (28/12/2023) ** | 0.73% |
| Godrej Industries Ltd (19/01/2024) ** | 0.73% |
| Godrej Industries Ltd (25/01/2024) ** | 0.73% |
| 360 One Prime Ltd (08/12/2023) ** | 0.64% |
| Motilal Oswal Finvest Ltd (02/11/2023) ** | 0.49% |
| Poonawalla Fincorp Ltd (03/11/2023) ** | 0.49% |
| Birla Group Holdings Private Ltd (07/11/2023) ** | 0.49% |
| Birla Group Holdings Private Ltd (10/11/2023) ** | 0.49% |
| Network18 Media & Investments Ltd (13/11/2023) ** | 0.49% |
| ICICI Home Finance Company Ltd (17/11/2023) ** | 0.49% |
| ICICI Securities Ltd (17/11/2023) ** | 0.49% |
| HSBC InvestDirect Financial Services (India) Ltd (17/11/2023) ** | 0.49% |
| Bahadur Chand Investments Pvt Ltd (21/11/2023) ** | 0.49% |
| Aditya Birla Fashion and Retail Ltd (24/11/2023) ** | 0.49% |
| L&T Finance Ltd (28/11/2023) ** | 0.49% |
| Network18 Media & Investments Ltd (05/12/2023) ** | 0.49% |
| TV18 Broadcast Ltd (05/12/2023) ** | 0.49% |
| HDFC Securities Ltd (05/12/2023) ** | 0.49% |
| Redington Ltd (14/12/2023) ** | 0.49% |
| Bajaj Finance Ltd (14/12/2023) ** | 0.49% |
| Kotak Securities Ltd (14/12/2023) ** | 0.49% |
| Tata Motors Finance Solutions Ltd (14/12/2023) ** | 0.49% |
| Aditya Birla Money Ltd (22/12/2023) ** | 0.49% |
| TV18 Broadcast Ltd (29/12/2023) ** | 0.49% |
| ICICI Securities Ltd (26/12/2023) ** | 0.49% |
| HDFC Securities Ltd (26/12/2023) ** | 0.49% |
| Motilal Oswal Financial Services Ltd (22/12/2023) ** | 0.49% |
| Kotak Securities Ltd (29/12/2023) ** | 0.49% |
| Network18 Media & Investments Ltd (19/01/2024) ** | 0.49% |
| Aditya Birla Housing Finance Ltd (22/01/2024) ** | 0.49% |
| Tata Capital Financial Services Ltd (19/01/2024) ** | 0.49% |
| Tata Capital Financial Services Ltd (29/01/2024) ** | 0.49% |
| Motilal Oswal Finvest Ltd (09/11/2023) ** | 0.25% |
| Redington Ltd (18/12/2023) ** | 0.24% |
| Commercial Paper Total | 49.51% |
| Certificate of Deposit | |
| HDFC Bank Ltd (21/11/2023) # | 1.48% |
| Bank of Baroda (30/11/2023) ** # | 1.47% |
| Axis Bank Ltd (06/12/2023) # | 1.47% |
| Kotak Mahindra Bank Ltd (23/11/2023) ** # | 1.23% |
| ICICI Bank Ltd (12/12/2023) # | 1.23% |
| Canara Bank (21/11/2023) ** # | 0.98% |
| Axis Bank Ltd (23/11/2023) ** # | 0.98% |
| Bank of Baroda (24/11/2023) ** # | 0.98% |
| Indian Bank (30/11/2023) ** # | 0.98% |
| Punjab National Bank (04/12/2023) ** # | 0.98% |
| Bank of Baroda (07/12/2023) ** # | 0.98% |
| Canara Bank (13/12/2023) ** # | 0.98% |
| HDFC Bank Ltd (14/12/2023) ** # | 0.98% |
| Canara Bank (22/12/2023) ** # | 0.98% |
| Bank of Baroda (18/01/2024) ** # | 0.97% |
| Bank of Baroda (29/01/2024) ** # | 0.97% |
| Canara Bank (05/12/2023) ** # | 0.91% |
| IDFC First Bank Ltd (22/11/2023) ** # | 0.49% |
| Bank of Maharashtra (24/11/2023) ** # | 0.49% |
| Axis Bank Ltd (01/12/2023) # | 0.49% |
| Small Industries Dev Bank of India (06/12/2023) # | 0.49% |
| Canara Bank (14/12/2023) ** # | 0.49% |
| HDFC Bank Ltd (12/01/2024) ** # | 0.49% |
| Axis Bank Ltd (19/01/2024) ** # | 0.49% |
| Bank of Baroda (25/01/2024) ** # | 0.49% |
| Certificate of Deposit Total | 22.47% |
| Treasury Bill | |
| 91 Days Tbill (07/12/2023) | 3.20% |
| 182 Days Tbill (21/12/2023) | 2.99% |
| 182 Days Tbill (23/11/2023) | 2.86% |
| 91 Days Tbill (30/11/2023) | 2.46% |
| 91 Days Tbill (29/12/2023) | 2.45% |
| 364 Days Tbill (28/12/2023) | 1.96% |
| 91 Days Tbill (25/01/2024) | 1.65% |
| 364 Days Tbill (09/11/2023) | 0.49% |
| 182 Days Tbill (16/11/2023) | 0.49% |
| 91 Days Tbill (17/11/2023) | 0.49% |
| Treasury Bill Total | 19.04% |
| Corporate Bond | |
| 5% Kotak Mahindra Prime Ltd (20/12/2023) ** | 1.02% |
| Corporate Bond Total | 1.02% |
| Corporate Debt Market Development Fund^ | |
| Class A2 units of Corporate Debt Market Development Fund # | 0.14% |
| Corporate Debt Market Development Fund Total | 0.14% |
| Cash & Other Receivables Total | 7.82% |
| Total | 100.00% |
** Thinly Traded / Non Traded Security # Unlisted Security
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
| Returns (in%) | |||||||
| 7 D | 15 D | 30 D | 1 Y | 3 Yrs | 5 Yrs | SI | |
| MACMF | 6.74% | 6.65% | 6.67% | 6.93% | 4.82% | 5.18% | 6.20% |
| Scheme Benchmark* | 6.84% | 6.92% | 6.99% | 7.21% | 5.01% | 5.33% | 6.99% |
| Additional Benchmark** | 7.66% | 7.96% | 6.98% | 7.01% | 4.63% | 5.68% | 6.01% |
| NAV as on 31st October, 2023 | ₹ 2,436.2002 | ||||||
| Index Value (31st October, 2023) | Index Value of benchmark is 4,426.20 and CRISIL 1 Year T-Bill is 6,889.76 |
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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
Latest available NAV has been taken for return calculation wherever applicable
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.
| Quantum (₹ per unit) | |||
| Record Date | Individual | Corporate | NAV (₹ per unit) |
24-Jul-23 |
6.0470 |
6.0470 |
1,158.3498 |
24-Aug-23 |
6.4447 |
6.4447 |
1,158.7475 |
25-Sep-23 |
6.7881 |
6.7881 |
1,159.0909 |
25-Oct-23 |
6.4575 |
6.4575 |
1,158.7603 |
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