Mirae Asset Cash Management Fund - Growth

Fund Returns

NAV Rs. 2,057.37 0.06 %
(as on Feb. 24, 2020)
1 yr Return 6.21 %
3 yr. Return 6.77 %
5 yr. Return 7.01 %

Fund Returns

NAV 1 yr Return 3 yr. Return 5 yr. Return
Rs. 2,057.37 0.06 %
(as on Feb. 24, 2020)
6.21 % 6.77 % 7.01 %

NAV Movement

1 Month 3 Months 6 Months 1 Year 3 Years 5 Years 10 Years

Calculate SIP Growth

SIP Start Date

SIP End Date

Scheme Details

Launch Date Jan. 12, 2009
Fund Size Rs. 3545.51 cr.
Category Fixed Income | Liquid
Fund Manager Mahendra Kumar Jajoo
AMC Mirae Asset Global Investments (India) Pvt. Ltd.
Fund Benchmark Crisil Liquid Fund Index
Risk Profile Conservative
Risk Rating 0 / 10

Investment Information

Min. Investment Rs. 5000.00
Min. Investment SIP Rs. 1000.00
Expense Ratio 0.20 %
Exit load 0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, NIL on or after 7D

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

Performance

1M 3M 6M 1Y 3Y 5Y
Fund 0.39 1.25 2.67 6.21 6.77 7.01
Rank Within Category 74 91 None 79 73 73

Portfolio

Security Holding (%)
(as on Dec. 1, 2019)
Market Value
(in Rs. crores.)
Quantity
Indian Railway Finance Corporation Limited (17/02/2020) ** # 5.6 198.7 20000000.0
L&T Finance Limited (30/01/2020) ** # 4.21 149.37 15000000.0
RELIANCE RETAIL LTD (09/03/2020) ** # 3.49 123.76 12500000.0
Chennai Petroleum Corporation Limited (03/02/2020) ** # 2.81 99.54 10000000.0
Syndicate Bank (03/02/2020) ** # 2.81 99.55 10000000.0
Indian Oil Corporation Limited (27/01/2020) 2.81 99.64 10000000.0
RBL Bank Limited (18/02/2020) ** # 2.8 99.3 10000000.0
91 Days Tbill (MD 19/03/2020) 2.79 98.94 10000000.0
Manappuram Finance Limited (12/03/2020) ** 2.79 98.8 10000000.0
Reliance Jio Infocomm Limited (26/03/2020) ** 2.79 98.75 10000000.0

Fund Schemes Concentrations

# of Securities 60
Top 10 Securities 32.9 %
Top 5 Securities 18.92 %
Top 3 Securities 13.3 %
# of Sectors 10
Top 10 Sectors 99.98 %
Top 5 Sectors 83.36 %
Top 3 Sectors 65.85 %

AMC Contact Information

AMC Mirae Asset Global Investments (India) Pvt. Ltd.
Address Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E),, Mumbai - 400 098
Email customercare@miraeasset.com
Website https://www.miraeassetmf.co.in/home

Scheme Details

Launch Date Jan. 12, 2009 Fund Size Rs. 3545.51 cr.
Category Fixed Income | Liquid Fund Manager Mahendra Kumar Jajoo
AMC Mirae Asset Global Investments (India) Pvt. Ltd. Fund Benchmark Crisil Liquid Fund Index
Risk Profile Conservative

Investment Information

Min. Investment Min. Investment SIP Expense Ratio Exit Load
Rs. 5000.00 Rs. 1000.00 0.20 % 0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, NIL on or after 7D

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

Performance

1M 3M 6M 1Y 3Y 5Y
Fund 0.39 1.25 2.67 6.21 6.77 7.01
Rank Within Category 74 91 None 79 73 73

Peer Funds

Fund Return 1Y (%) Return 3Y (%) Return 5Y (%) AUM(cr.)
Mirae Asset Cash Management Fund - Growth 6.21 6.77 7.01 3,545.51
IDFC GSF -Constant Maturity Plan - Regular Plan- Growth 17.81 11.56 10.41 131.69
SBI Magnum Constant Maturity Fund - Regular Plan - Growth 15.19 9.93 10.09 500.34
ICICI Prudential Constant Maturity Gilt Fund - Growth 16.09 9.9 9.54 87.93
DHFL Pramerica Ultra Short Term Fund - Growth 13.65 9.4 9.05 117.01
ICICI Prudential Long Term Bond Fund - Growth 16.02 9.22 8.82 811.14

Portfolio

Security Holding (%)
(as on Dec. 1, 2019)
Market Value
(in Rs. crores.)
Quantity
Indian Railway Finance Corporation Limited (17/02/2020) ** # 5.6 198.7 20000000.0
L&T Finance Limited (30/01/2020) ** # 4.21 149.37 15000000.0
RELIANCE RETAIL LTD (09/03/2020) ** # 3.49 123.76 12500000.0
Chennai Petroleum Corporation Limited (03/02/2020) ** # 2.81 99.54 10000000.0
Syndicate Bank (03/02/2020) ** # 2.81 99.55 10000000.0
Indian Oil Corporation Limited (27/01/2020) 2.81 99.64 10000000.0
RBL Bank Limited (18/02/2020) ** # 2.8 99.3 10000000.0
91 Days Tbill (MD 19/03/2020) 2.79 98.94 10000000.0
Manappuram Finance Limited (12/03/2020) ** 2.79 98.8 10000000.0
Reliance Jio Infocomm Limited (26/03/2020) ** 2.79 98.75 10000000.0

Fund Schemes Concentrations

# of Securities 60
Top 10 Securities 32.9 %
Top 5 Securities 18.92 %
Top 3 Securities 13.3 %
# of Sectors 10
Top 10 Sectors 99.98 %
Top 5 Sectors 83.36 %
Top 3 Sectors 65.85 %

AMC Contact Information

AMC Mirae Asset Global Investments (India) Pvt. Ltd.
Address Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E),, Mumbai - 400 098
Email customercare@miraeasset.com
Website https://www.miraeassetmf.co.in/home