Mirae Asset Cash Management Fund Direct Plan Growth | Pros & Cons NAV(2255.54)

Mirae Asset Cash Management Fund Direct Plan Growth

Debt: Liquid

Fund Information

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.

Low to Moderate Risk

Debt: Liquid

Category

10 Year Gsec

Benchmark

2013-01-01

Launched On

Type

Min SIP

5000

Min Investment

4119

AUM in Crores

0.17

Expense Ratio

0.01

Exit Load

Mirae Asset Investment Managers (India) Pvt. Ltd.

Fund House

Mahendra Kumar Jajoo, Abhishek Iyer

Fund Managers

Mirae Asset Cash Management Fund Direct Plan Pros & Cons

Pros

  • Mirae Asset Cash Management Fund Direct Plan Growth has over performed index in 2014-2017, 2015-2018, 2016-2019, 2017-2020 years
  • Lower Expense Ratio
  • 3 years avg returns are higher than benchmark

Cons

  • Mirae Asset Cash Management Fund Direct Plan Growth is ranking 24th in last 5 years

Average Returns

Fund Name1Y (%)3Y (%)5Y (%)7Y (%)10Y (%)15Y (%)
Mirae Asset Cash Management Fund Direct Plan Growth 
3.444.65.66.19
10 Year Gsec
8.66-4.21-0.7-2.06-2.04-1.22

Mirae Asset Cash Management Fund Direct Plan Rolling Returns

Fund Name3 Year (%)5 Year (%)
AverageMaxMinAverageMaxMin
Mirae Asset Cash Management Fund Direct Plan Growth 
7.098.5807.077.910
10 Year Gsec
-2.3517.21-24.83-1.7411.17-16.61

Risk Parameters

Fund NameMeanStdSharpeBetaAlpha
Mirae Asset Cash Management Fund Direct Plan Growth 
6.520.414.366-0.011.67
10 Year Gsec
-6.818.32-1.387--
Risk Parameters are calculated for the last 3 years data.

Calender Year Returns

Performance

Best PerformanceWorst Performance
PeriodReturnsPeriodReturns
Week2020-03-24 - 2020-03-31
0.47
2020-03-17 - 2020-03-24
-0.16
Month2013-08-06 - 2013-09-06
0.84
2021-06-29 - 2021-07-29
0
Quarter2013-07-24 - 2013-11-24
3.17
2021-06-29 - 2021-10-29
0
Year2013-07-22 - 2014-07-22
9.26
2021-06-29 - 2022-06-29
0

Portfolio

Stock NameSector% of Total Holdings
Export Import Bank of India -91D (22-Jun-21)Commercial Paper3.9
Bank of Baroda (01-Jun-21)Certificate of Deposit2.45
NLC India Ltd. -28D (02-Jun-21)Commercial Paper2.44
364 Days Treasury Bill - 03-Jun-2021Treasury Bills2.44
NTPC Ltd. -91D (08-Jun-21)Commercial Paper2.44
Indian Oil Corporation Ltd. -25D (11-Jun-21)Commercial Paper2.44
National Bank For Agriculture & Rural Development (17-Jun-21)Certificate of Deposit2.44
IIFL Wealth Prime Ltd. -90D (16-Jun-21)Commercial Paper2.44
Indian Oil Corporation Ltd. -27D (28-Jun-21)Commercial Paper2.44
91 Days Treasury Bill - 30-Jun-2021Treasury Bills2.44
91 Days Treasury Bill - 22-Jul-2021Treasury Bills2.43
91 Days Treasury Bill - 29-Jul-2021Treasury Bills2.43
91 Days Treasury Bill - 05-Aug-2021Treasury Bills2.43
91 Days Treasury Bill - 13-Aug-2021Treasury Bills2.43
Reliance Jio Infocomm Ltd. -91D (11-Aug-21)Commercial Paper2.43
Birla Group Holdings Pvt Ltd. -91D (02-Sep-21)Commercial Paper2.17
Grasim Industries Ltd. -91D (09-Jun-21)Commercial Paper1.83
Reliance Industries Ltd. -90D (01-Jun-21)Commercial Paper1.22
National Bank For Agriculture & Rural Development -176D (01-Jun-21)Commercial Paper1.22
91 Days Treasury Bill - 03-Jun-2021Treasury Bills1.22
L&T Finance Ltd. -33D (07-Jun-21)Commercial Paper1.22
Axis Bank Ltd. (10-Jun-21)Certificate of Deposit1.22
Dalmia Bharat Ltd. -75D (09-Jun-21)Commercial Paper1.22
Chennai Petroleum Corporation Ltd. -92D (18-Jun-21)Commercial Paper1.22
Birla Group Holdings Pvt Ltd. -91D (14-Jun-21)Commercial Paper1.22
Indian Oil Corporation Ltd. -23D (23-Jun-21)Commercial Paper1.22
Reliance Industries Ltd. -85D (29-Jun-21)Commercial Paper1.22
Pilani Investment & Industries Corporation Ltd. -91D (18-Jun-21)Commercial Paper1.22
Reliance Industries Ltd. -60D (16-Jul-21)Commercial Paper1.22
Reliance Jio Infocomm Ltd. -72D (23-Jul-21)Commercial Paper1.22
Hindustan Petroleum Corporation Ltd. -57D (27-Jul-21)Commercial Paper1.22
Reliance Industries Ltd. -80D (30-Jul-21)Commercial Paper1.22
91 Days Treasury Bill - 19-Aug-2021Treasury Bills1.21
Axis Bank Ltd. (23-Aug-21)Certificate of Deposit1.21
National Bank For Agriculture & Rural Development -90D (23-Aug-21)Commercial Paper1.21
Reliance Industries Ltd. -91D (24-Aug-21)Commercial Paper1.21
Aditya Birla Fashion and Retail Ltd. -90D (23-Aug-21)Commercial Paper1.21
Dalmia Cement (Bharat) Ltd. -91D (23-Aug-21)Commercial Paper1.21
Steel Authority of India Ltd. -88D (27-Aug-21)Commercial Paper1.21
Reliance Industries Ltd. -91D (31-Aug-21)Commercial Paper1.21
Axis Finance Ltd. -90D (03-Jun-21)Commercial Paper0.61
ICICI Securities Ltd. -88D (11-Jun-21)Commercial Paper0.61
Network 18 Media & Investment Ltd -91D (14-Jun-21)Commercial Paper0.61
RBL Bank Ltd. (17-Jun-21)Certificate of Deposit0.61
National Bank For Agriculture & Rural Development -91D (12-Jul-21)Commercial Paper0.61
Chennai Petroleum Corporation Ltd. -77D (03-Aug-21)Commercial Paper0.61
NLC India Ltd. -85D (17-Jun-21)Commercial Paper0.12
Reserve Bank of India 182-D 12/11/2021Treasury Bills7.13
Reserve Bank of India 91-D 02/12/2021Treasury Bills6.47
Reserve Bank of India 364-D 04/11/2021Treasury Bills3.12
Indian Oil Corporation 46-D 22/10/2021Commercial Paper2.86
Reserve Bank of India 182-D 18/11/2021Treasury Bills2.85
Indian Railway Finance Corporation 79-D 22/10/2021Commercial Paper2.6
Axis Bank 22/10/2021Certificate of Deposit2.6
Reserve Bank of India 91-D 11/11/2021Treasury Bills2.59
Kotak Securities 55-D 15/11/2021Commercial Paper2.59
HDFC Bank 2021Certificate of Deposit2.59
Reserve Bank of India 182-D 16/12/2021Treasury Bills2.59
IGH Holdings 91-D 09/12/2021Commercial Paper2.58
IIFL Wealth Prime 89-D 15/12/2021Commercial Paper2.58
8.79% GOI 2021Central Government Loan1.31
The Ramco Cements 85-D 12/10/2021Commercial Paper1.3
Bharat Petroleum Corporation 12-D 13/10/2021Commercial Paper1.3
Reliance Industries 90-D 14/10/2021Commercial Paper1.3
Birla Group Holdings 90-D 14/10/2021Commercial Paper1.3
HDFC 61-D 18/10/2021Commercial Paper1.3
National Bank Agr. Rur. Devp 90-D 21/10/2021Commercial Paper1.3
HDFC Securities 45-D 22/10/2021Commercial Paper1.3
Indian Oil Corporation 42-D 25/10/2021Commercial Paper1.3
Indian Oil Corporation 46-D 29/10/2021Commercial Paper1.3
National Fertilizers 28-D 29/10/2021Commercial Paper1.3
Kotak Securities 91-D 29/10/2021Commercial Paper1.3
Reserve Bank of India 182-D 12/11/2021Treasury Bills6.67
8.79% GOI 2021Central Government Loan6.07
Reserve Bank of India 91-D 02/12/2021Treasury Bills3.63
Reserve Bank of India 182-D 18/11/2021Treasury Bills2.67
Reserve Bank of India 91-D 11/11/2021Treasury Bills2.43
Kotak Securities 55-D 15/11/2021Commercial Paper2.42
Motilal Oswal Financial 30-D 17/11/2021Commercial Paper2.42
HDFC Bank 2021Certificate of Deposit2.42
Indian Oil Corporation 37-D 10/12/2021Commercial Paper2.42
Bajaj Finance 36-D 07/12/2021Commercial Paper2.42
IGH Holdings 91-D 09/12/2021Commercial Paper2.42
IIFL Wealth Prime 89-D 15/12/2021Commercial Paper2.41
IIFL Wealth Prime 67-D 20/12/2021Commercial Paper2.41
Reserve Bank of India 182-D 16/12/2021Treasury Bills2.3
Indian Oil Corporation 29/11/2021Commercial Paper2.06
Reserve Bank of India 182-D 30/12/2021Treasury Bills1.69
Aditya Birla Fashion and Retail 91-D 02/11/2021Commercial Paper1.21
Reliance Industries 82-D 03/11/2021Commercial Paper1.21
Berger Paints India 62-D 09/11/2021Commercial Paper1.21
Berger Paints India 50-D 10/11/2021Commercial Paper1.21
Indian Oil Corporation 15/11/2021Commercial Paper1.21
Berger Paints India 59-D 18/11/2021Commercial Paper1.21
National Bank Agr. Rur. Devp 90-D 22/11/2021Commercial Paper1.21
Reserve Bank of India 364-D 25/11/2021Treasury Bills1.21
SAIL 27-D 24/11/2021Commercial Paper1.21

AUM Yearly

YearScheme Total AumCategory Total Aum
20214044.980.00
20203301.290.00
20193545.51436495.79

Mirae Asset Cash Management Fund Direct Plan Details

Mirae Asset Cash Management Fund Direct Plan Growth is a mutual fund scheme launched by Mirae Asset Investment Managers (India) Pvt. Ltd..This fund has been launched on 2013-01-01. Mirae Asset Cash Management Fund Direct Plan Growth currently has 4119 crores of assets under management (AUM) and has an expense ratio of 0.17 which is lower than what most other Large Cap funds charge.


Mirae Asset Cash Management Fund Direct Plan Growth has given returns of 3.44% in the last 1 year and 4.6% in the last 3 years. And since launch the fund has given 6.85% returns.


This fund invests in companies which are fundamentally strong and having growth potential.


Min sip to invest in this fund is Rs. and lumpsum investment is Rs.5000.

The top holdings of the fund are Export Import Bank of India -91D (22-Jun-21) , Bank of Baroda (01-Jun-21) , NLC India Ltd. -28D (02-Jun-21) , 364 Days Treasury Bill - 03-Jun-2021 , NTPC Ltd. -91D (08-Jun-21)

Frquently Asked Questions

1. What is the NAV of Mirae Asset Cash Management Fund Direct Plan ?

The current Net Asset Value (NAV) of the Mirae Asset Cash Management Fund Direct Plan is 2255.54

2. Mirae Asset Cash Management Fund Direct Plan Rolling Returns

The 3 year rolling returns of the Mirae Asset Cash Management Fund Direct Plan :

  • Mean : 7.09%
  • Max : 8.58%
  • Min : 0%

3. How do I invest in Mirae Asset Cash Management Fund Direct Plan ?

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Mirae Asset Cash Management Fund Direct Plan Growth



Investment Duration 3 years

Disclaimer

Please note that these calculators are for illustrations only and do not represent actual returns. Mutual Funds do not have a fixed rate of return and it is not possible to predict the rate of return.