Top Ranked
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
12 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
3,352 Cr. Large within the category
Impact of Interest Rate Changes
Low Interest Rate Risk. The impact on fund value is quite low when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderately High Risk
0.21 %
Expense Ratio
Jan 12, 2009
Launched (12y ago)
₹ 3,352
AUM in Crores
INF769K01804
ISIN
No Lock-in
Lock-in
CRISIL Liquid Fund TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of liquid funds which are best aligned towards achieving any objectives where liquidity and stability are the priority.
Comparison with Debt Funds
Ultra Short
Recommended
Top Ranked
17 Years
Age
Track Record
Liquid
Recommended
Top Ranked
17 Years
Age
Track Record
Ultra Short
Recommended
Top Ranked
22 Years
Age
Track Record
Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
Liquid
Recommended
Top Ranked
18 Years
Age
Track Record
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
Mirae Asset Investment Managers (India) Private Limited manages assets worth 63,733 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 23 equity,33 debt and 9 hybrid funds.
Tax Saving
Recommended
Top Ranked
₹ 5,647 Cr
Fund Size
16.9%
3Y returns
Large Cap
Recommended
Top Ranked
₹ 21,745 Cr
Fund Size
13%
3Y returns
Tax Saving
Top Ranked
₹ 5,647 Cr
Fund Size
16.4%
3Y returns
Large Cap
Top Ranked
₹ 21,745 Cr
Fund Size
11.9%
3Y returns
Large Cap
Top Ranked
₹ 21,745 Cr
Fund Size
11.9%
3Y returns
Invest in a scientifically curated set of liquid funds which are best aligned towards achieving any objectives where liquidity and stability are the priority.
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Mirae Asset Cash Management fund (DR-D) is a liquid debt fund and has delivered an annualised return of 4.5% over a period of 12 years ..The fund is managed by Mirae Asset Investment Managers (India) Private Limited.The fund managers are Abhishek Iyer, Mahendra Jajoo
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. However, there is no assurance that the objective of the scheme will be realized.
The Mirae Asset Cash Management fund (DR-D) fund was launched on Jan 12, 2009. The NAV (Net Asset Value) of this liquid debt as of 2021-03-07 is ₹ 1066.4347. The total AUM (Asset Under Management) of the fund as of 2021-03-07 is ₹ 3351.380. The category risk of the Mirae Asset Cash Management fund (DR-D) fund is Moderately High Risk. The fund charges 0.21 % as expense ratio.
The fund’s highest allocation is towards others and has invested 100.0% in this asset class. The top three holdings of the fund are 91 dtb 01042021,91 dtb 04022021 and 91 dtb11022021
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Liquid Fund TR INR.
Mirae Asset Cash Management fund (DR-D) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Mirae Asset Cash Management fund (DR-D) has a score of 4 out of 5. The credit risk of the fund is 5 out of 5 as compared to other debt funds.