Mirae Asset Cash Management Fund Direct Plan Growth
Mirae Asset Cash Management Fund Direct Plan Growth

Mirae Asset Cash Management Fund Direct Plan Growth

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Debt
Direct
Liquid

NAV: ₹ 2325.8 as on 05-12-2022

Fund Performance
zero opening, trading, fund transfer fee
257 people have invested ₹ 5Cr in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.5%
1.5%
2.8%
4.7%
4.2%
5.3%
Benchmark
-2%
-1.2%
-0.1%
1.5%
1.3%
2.3%
About the Fund

Mirae Asset Cash Management Fund Direct Plan Growth is a debt fund. This fund was started on  1 January, 2013. The fund is managed by Abhishek Iyer. This fund is suitable to keep your money safe.

Key parameters

1) Mirae Asset Cash Management Fund Direct Plan Growth has a NAV of 2325.8025 as on 05-12-2022.

2) Mirae Asset Cash Management Fund Direct Plan Growth has 5823 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.17 %.

Fund Overview

Expense ratio
Expense ratio
0.17%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹5823 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.007%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
723.84%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Cash Equivalent

83.7%

Corporate

10.8%

Government

5.6%

Top Holdings

  • All
  • Debt & Cash
Total Holdings92
Debt Holdings92
Holdings
Weight%
Holdings Trend
1M Change
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Motilal Oswal Financial Services Limited
2.15%
0%
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Punjab National Bank
2.14%
100%
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JM Financial Products Limited
2.06%
0%
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6.84% Govt Stock 2022
1.8%
100%
icon
Ultratech Cement Limited
1.72%
100%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 620.3 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 4.8K Cr
Sep'22
₹ 4.1K Cr
Aug'22
₹ 5.2K Cr

Fund Returns vs Benchmark

Oct'22
0.39%
0.36%
Sep'22
0.43%
0.40%
Aug'22
0.47%
0.41%
Fund Return
Benchmark Return

Fund Manager

Abhishek Iyer

Abhishek Iyer

Managing this fund since 28 December 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Overnight Fund Direct Growth
3.81%
--
Mirae Asset Cash Management Fund Direct Plan Growth
4.17%
0.61%

AMC details

Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Fund House
Mirae Asset Investment Managers (India) Private Limited

Fund Highlights

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Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.61% since inception which is more than its category average return of 3.94%
AUM size ₹5823 Cr

AUM size ₹5823 Cr

This fund has AUM of ₹5823 Cr which is less than its category average of ₹ 10946 Cr
Expense Ratio 0.17%

Expense Ratio 0.17%

This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 0.25%

Frequently Asked Questions

The current NAV of Mirae Asset Cash Management Fund Direct Plan Growth is 2325.8.
Existing (Absolute + CAGR)
Mirae Asset Cash Management Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.55%
0.55%
6 Month Returns
2.78%
2.78%
1 Year Returns
4.69%
4.69%
3 Years Returns
13.04%
4.17%
5 Years Returns
29.66%
5.33%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.17 as on November 2022
5823 Cr as on November 2022
6.57
0.09
AAA
100
Abhishek Iyer is the fund manager of Mirae Asset Cash Management Fund Direct Plan Growth
The Exit load of Mirae Asset Cash Management Fund Direct Plan Growth is 0.01%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.