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 29, 2023 |
10,566.37 Net AUM (₹ Cr.) |
8,556.29 Monthly Total Expense Ratio |
(Including Statutory Levies) as on September 29, 2023 Regular Plan: 0.23% Direct Plan: 0.12% **For experience of Fund Managers Click Here |
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| NAV: | Direct | Regular |
| Growth | ₹ 2,459.7872 | ₹ 2,422.4735 |
| Daily IDCW | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW | ₹ 1,217.0001 | ₹ 1,153.2965 |
| Monthly IDCW | ₹ 1,135.8093 | ₹ 1,153.5207 |
| Average Maturity | 58.35 Days |
| Modified Duration | 0.16 Yrs |
| Macaulay Duration | 0.16 Yrs |
| Annualized Portfolio YTM* | 7.09% |
*In case of semi annual YTM, it will be annualized.
| Portfolio Holdings | % Allocation |
| Commercial Paper | |
| UltraTech Cement Ltd (01/12/2023) ** | 2.89% |
| Small Industries Dev Bank of India (15/12/2023) | 2.30% |
| Reliance Retail Ventures Ltd (30/10/2023) ** | 1.74% |
| Larsen & Toubro Ltd (31/10/2023) ** | 1.74% |
| NABARD (08/12/2023) | 1.73% |
| Small Industries Dev Bank of India (26/10/2023) | 1.16% |
| Berger Paints (I) Ltd (30/10/2023) ** | 1.16% |
| Tata Motors Finance Solutions Ltd (09/11/2023) ** | 1.16% |
| Reliance Retail Ventures Ltd (15/11/2023) ** | 1.16% |
| Small Industries Dev Bank of India (22/11/2023) ** | 1.16% |
| Bajaj Finance Ltd (21/11/2023) ** | 1.16% |
| NABARD (28/11/2023) ** | 1.15% |
| Small Industries Dev Bank of India (28/11/2023) ** | 1.15% |
| Larsen & Toubro Ltd (30/11/2023) ** | 1.15% |
| Reliance Retail Ventures Ltd (04/12/2023) ** | 1.15% |
| The Ramco Cements Ltd (04/12/2023) ** | 1.15% |
| Export Import Bank of India (07/12/2023) ** | 1.15% |
| Tata Steel Ltd (06/12/2023) ** | 1.15% |
| Aditya Birla Fashion and Retail Ltd (06/12/2023) ** | 1.15% |
| Small Industries Dev Bank of India (07/12/2023) ** | 1.15% |
| Grasim Industries Ltd (12/12/2023) ** | 1.15% |
| Export Import Bank of India (20/12/2023) ** | 1.15% |
| Godrej Consumer Products Ltd (21/12/2023) ** | 1.15% |
| Shriram Finance Ltd (14/12/2023) ** | 1.15% |
| Small Industries Dev Bank of India (22/12/2023) ** | 1.15% |
| ICICI Securities Ltd (25/10/2023) ** | 0.87% |
| Godrej Industries Ltd (10/11/2023) ** | 0.87% |
| Godrej Industries Ltd (24/11/2023) ** | 0.87% |
| Godrej Industries Ltd (01/12/2023) ** | 0.87% |
| Aditya Birla Money Ltd (08/12/2023) ** | 0.86% |
| 360 One Prime Ltd (08/12/2023) ** | 0.75% |
| Aditya Birla Money Ltd (26/10/2023) ** | 0.58% |
| TV18 Broadcast Ltd (30/10/2023) ** | 0.58% |
| Network18 Media & Investments Ltd (30/10/2023) ** | 0.58% |
| Aditya Birla Finance Ltd (30/10/2023) ** | 0.58% |
| HDFC Securities Ltd (01/11/2023) ** | 0.58% |
| Dabur India Ltd (03/11/2023) ** | 0.58% |
| Poonawalla Fincorp Ltd (03/11/2023) ** | 0.58% |
| ICICI Securities Ltd (07/11/2023) ** | 0.58% |
| Motilal Oswal Finvest Ltd (02/11/2023) ** | 0.58% |
| Birla Group Holdings Private Ltd (07/11/2023) ** | 0.58% |
| Network18 Media & Investments Ltd (13/11/2023) ** | 0.58% |
| Birla Group Holdings Private Ltd (10/11/2023) ** | 0.58% |
| ICICI Home Finance Company Ltd (17/11/2023) ** | 0.58% |
| ICICI Securities Ltd (17/11/2023) ** | 0.58% |
| HSBC InvestDirect Financial Services (India) Ltd (17/11/2023) ** | 0.58% |
| Aditya Birla Fashion and Retail Ltd (24/11/2023) ** | 0.58% |
| Bahadur Chand Investments Pvt Ltd (21/11/2023) ** | 0.58% |
| L&T Finance Ltd (28/11/2023) ** | 0.58% |
| TV18 Broadcast Ltd (05/12/2023) ** | 0.58% |
| Network18 Media & Investments Ltd (05/12/2023) ** | 0.58% |
| HDFC Securities Ltd (05/12/2023) ** | 0.58% |
| Redington Ltd (14/12/2023) ** | 0.58% |
| Bajaj Finance Ltd (14/12/2023) ** | 0.58% |
| Kotak Securities Ltd (14/12/2023) ** | 0.58% |
| Tata Motors Finance Solutions Ltd (14/12/2023) ** | 0.58% |
| HDFC Securities Ltd (26/12/2023) ** | 0.57% |
| Motilal Oswal Financial Services Ltd (22/12/2023) ** | 0.57% |
| Motilal Oswal Finvest Ltd (09/11/2023) ** | 0.29% |
| Redington Ltd (18/12/2023) ** | 0.29% |
| Commercial Paper Total | 54.75% |
| Certificate of Deposit | |
| HDFC Bank Ltd (21/11/2023) ** # | 1.73% |
| Bank of Baroda (30/11/2023) # | 1.73% |
| Axis Bank Ltd (06/12/2023) # | 1.73% |
| Small Industries Dev Bank of India (06/12/2023) ** # | 1.73% |
| Kotak Mahindra Bank Ltd (23/11/2023) ** # | 1.45% |
| ICICI Bank Ltd (12/12/2023) ** # | 1.44% |
| Bank of Baroda (26/10/2023) ** # | 1.16% |
| Canara Bank (02/11/2023) ** # | 1.16% |
| Canara Bank (21/11/2023) ** # | 1.16% |
| Axis Bank Ltd (23/11/2023) # | 1.16% |
| Bank of Baroda (24/11/2023) ** # | 1.16% |
| Indian Bank (30/11/2023) ** # | 1.15% |
| Punjab National Bank (04/12/2023) ** # | 1.15% |
| Bank of Baroda (07/12/2023) ** # | 1.15% |
| Canara Bank (13/12/2023) ** # | 1.15% |
| HDFC Bank Ltd (14/12/2023) # | 1.15% |
| Canara Bank (22/12/2023) ** # | 1.15% |
| ICICI Bank Ltd (13/11/2023) ** # | 0.87% |
| Canara Bank (23/10/2023) # | 0.58% |
| Bank of Baroda (15/11/2023) ** # | 0.58% |
| IDFC First Bank Ltd (22/11/2023) ** # | 0.58% |
| Bank of Maharashtra (24/11/2023) ** # | 0.58% |
| Axis Bank Ltd (01/12/2023) ** # | 0.58% |
| Canara Bank (05/12/2023) ** # | 0.58% |
| Indian Bank (25/10/2023) ** # | 0.29% |
| Certificate of Deposit Total | 27.15% |
| Treasury Bill | |
| 91 Days Tbill (07/12/2023) | 3.76% |
| 182 Days Tbill (23/11/2023) | 3.35% |
| 91 Days Tbill (30/11/2023) | 2.89% |
| 182 Days Tbill (21/12/2023) | 2.88% |
| 91 Days Tbill (02/11/2023) | 2.32% |
| 91 Days Tbill (26/10/2023) | 1.16% |
| 91 Days Tbill (19/10/2023) | 0.87% |
| 364 Days Tbill (27/10/2023) | 0.58% |
| 182 Days Tbill (16/11/2023) | 0.58% |
| 91 Days Tbill (17/11/2023) | 0.58% |
| Treasury Bill Total | 18.98% |
| Corporate Bond | |
| 5% Kotak Mahindra Prime Ltd (20/12/2023) ** | 1.21% |
| 6.8975% LIC Housing Finance Ltd (16/11/2023) ** | 0.41% |
| Corporate Bond Total | 1.62% |
| Cash & Other Receivables Total | -2.49% |
| 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 | 7.16% | 6.94% | 6.84% | 6.86% | 4.71% | 5.20% | 6.20% |
| Scheme Benchmark* | 6.94% | 7.01% | 7.00% | 7.14% | 4.90% | 5.34% | 6.99% |
| Additional Benchmark** | 8.24% | 7.10% | 6.37% | 6.74% | 4.59% | 5.76% | 6.01% |
| NAV as on 30th September, 2023 | ₹ 2,422.4735 | ||||||
| Index Value (30th September, 2023) | Index Value of benchmark is 4,400.07 and CRISIL 1 Year T-Bill is 6,849.13 |
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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) |
26-Jun-23 |
6.8395 |
6.8395 |
1,159.1423 |
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 |
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