Mirae Asset Cash Management Fund Direct Plan Weekly Reinvestment of Income Dis cum Cptl Wdrl
Mirae Asset Cash Management Fund Direct Plan Weekly Reinvestment of Income Dis cum Cptl Wdrl

Mirae Asset Cash Management Fund Direct Plan Weekly Reinvestment of Income Dis cum Cptl Wdrl

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Debt
Direct
Liquid

NAV: ₹ 1217.1 as on 29-01-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
1.7%
3.1%
5.2%
4.2%
4.5%
Benchmark
0.5%
1.6%
2.8%
4.6%
3.4%
4.1%
About the Fund

Mirae Asset Cash Management Fund Direct Plan Weekly Reinvestment of Income Dis cum Cptl Wdrl 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 Weekly Reinvestment of Income Dis cum Cptl Wdrl has a NAV of 1217.0991 as on 29-01-2023.

2) Mirae Asset Cash Management Fund Direct Plan Weekly Reinvestment of Income Dis cum Cptl Wdrl has 6587 Cr worth of assets under management (AUM) as on 30-11-2022 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
₹6587 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 as on (31-Dec-22)

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

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

72.7%

Government

13.9%

Corporate

13.4%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings97
Holdings
Weight%
Holdings Trend
1M Change
icon
Union Bank Of India
3.04%
0%
icon
Indian Bank
2.27%
200%
icon
Small Industries Development Bank Of India
2.25%
100%
icon
Redington Ltd.
1.58%
0%
icon
Berger Paints India Limited
1.52%
100%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 437.3 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 5.7K Cr
Nov'22
₹ 6.2K Cr
Oct'22
₹ 5.8K Cr

Fund Returns vs Benchmark

Dec'22
0.39%
0.36%
Nov'22
0.43%
0.40%
Oct'22
0.47%
0.41%
Fund Return
Benchmark Return

Fund Manager

Abhishek Iyer

Abhishek Iyer

Fund Manager of Mirae Asset Cash Management Fund Direct Plan Weekly Reinvestment of Income Dis cum Cptl Wdrl, since 28 December 2020

AMC details

Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.19L Cr
as on 31-Dec-2022
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
Email
customercare@miraeasset.com

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 5.06% since inception which is more than its category average return of 4.69%
AUM size ₹6587 Cr

AUM size ₹6587 Cr

This fund has AUM of ₹6587 Cr which is less than its category average of ₹ 12710 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 Weekly Reinvestment of Income Dis cum Cptl Wdrl is 1216.43 as on 26-Jan-2023.
Existing (Absolute + CAGR)
Mirae Asset Cash Management Fund Direct Plan Weekly Reinvestment of Income Dis cum Cptl Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.44%
0.44%
6 Month Returns
2.95%
2.95%
1 Year Returns
5.03%
5.03%
3 Years Returns
12.86%
4.12%
5 Years Returns
24.3%
4.45%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.17 as on December 2022
6587 Cr as on December 2022
Yield to Maturity is 6.65 as on December 2022. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.11 as on December 2022. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Abhishek Iyer is the fund manager of Mirae Asset Cash Management Fund Direct Plan Weekly Reinvestment of Income Dis cum Cptl Wdrl
The Exit load of Mirae Asset Cash Management Fund Direct Plan Weekly Reinvestment of Income Dis cum Cptl Wdrl is 0.01%

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