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Mirae Asset Cash Management Fund
(Liquid Fund - An open ended liquid scheme)

Park your idle funds.

Mirae Asset Cash management fund is a scheme that focuses on generating returns on your short term cash surplus. It ensures that your money works harder and does not remain idle at any point of time.

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.

Asset Allocation

Type of Instruments Indicative Allocation (% of total assets) Risk Profile
Minimum Maximum
Money Market Instruments (including Cash, Reverse Repo, CBLO) MIBOR & MIBOR linked instruments upto 91 days. 20% 100% Low
Debt Instruments with residual maturity upto 91 days only 0% 80% Medium

Investment Style

Interest Rate Sensitivity
Low Medium High
High Credit Quality*

The fund positioning may be changed by fund manager, in accordance with the market scenario.

  • It is a product offering with minimal interest rate risk.
  • Will maintain High Liquidity.
  • Will invests in high quality Money Market/Debt Instruments.
  • Endeavor will be to maintain average maturity upto 91 days with portfolio of Money Market & Debt Instruments.
  • Endeavor will be to give stable returns with minimal mark to market and credit risk.

Fund Suitability

The fund is suitable for the following set of investors

  • Investors looking at a product to park their surplus funds; providing an alternate avenue for investments as compared to a Savings Bank Account.*
  • Investors looking at a product with low interest rate sensitivity.
  • Investors who want to invest in a high credit quality debt and money market portfolio for short duration.
  • Investors who want to invest in systematic manner in equity funds and want to invest through STP in a no exit load fund

*This scheme is not an assured returns scheme

Product Label

Product Labelling MACMF
Net Asset Value(NAV):

Fund Information
Fund Manager Mr. Mahendra Kumar Jajoo
Allotment Date 12-Jan-09
Minimum Investment Amount Rs. 5,000/- and in multiples of Rs. 1/- thereafter. Minimum Additional Application Amount: Rs. 1,000/- per application and in multiples of Rs. 1/- thereafter.
Plans Available Regular Plan and Direct Plan
Options Available Growth Option and Dividend Option (Payout & Re-investment)
Benchmark Index Crisil Liquid Fund Index