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  • Mirae Asset Cash Management Fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Cash Management Fund (Growth)

DebtLiquid

Top Ranked

2183.4246

NAV (Oct 25)

4.9%
3 Year CAGR
Scripbox Opinion

Top Ranked

These are the top-ranked funds within liquid mutual funds.However, Scripbox does not recommend investing in liquid mutual funds.

Our analysis of this fundLearn how we rate funds ->

Track Record

12 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

4,060 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

Invest in this fund
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Emergency Money

Emergency Money

Invest in a scientifically curated set of liquid funds which are best aligned towards achieving any objectives where liquidity and stability are the priority.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Emergency

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Historical NAV

2183.4246

NAV (Oct 25)

Fund Returns

Last 1Y
3.2%
Last 3Y
4.9%
Last 5Y
5.7%
Last 10Y
6.9%
Since Inception
6.3%
6 Month CAGR
1.6%
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Scheme Information

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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Low to Moderate Risk

Expense Ratio
0.27
Launched (12y ago)
Jan 12, 2009
AUM in Crores
4059.729
ISIN
INF769K01788
Lock-in
No Lock-in
Benchmark
CRISIL Liquid Fund TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Fund Managers
user-avatar

Abhishek Iyer

Fund Manager

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Mahendra Jajoo

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

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.

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Emergency Money

Invest in a scientifically curated set of liquid funds which are best aligned towards achieving any objectives where liquidity and stability are the priority.

  • Inflation beating returns
    Inflation beating returns
  • Emergency
    Emergency
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 13,509 cr

5

recommended-badge

₹ 33,192 cr

5

recommended-badge

₹ 11,590 cr

5

recommended-badge

₹ 22,849 cr

5

recommended-badge

₹ 33,722 cr

5

amc-icon

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 95,366 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,36 debt and 9 hybrid funds.

amc-img

  • tel-amc-about
    022-67800300
  • mail-amc-about
    customercare@miraeasset.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    27.4%

    22%

    recommended-badge

    22%

    16.7%

    top-ranked-badge

    26.6%

    21.6%

    top-ranked-badge

    20.5%

    16.4%

    top-ranked-badge

    20.5%

    16.4%

    growth

    Emergency Money

    Invest in a scientifically curated set of liquid funds which are best aligned towards achieving any objectives where liquidity and stability are the priority.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Emergency
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Axis Liquid Fund (Growth)

    Axis Liquid Fund (Growth)

    Debt

    Liquid

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    01

    Choose a plan

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    02

    Create an Account

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    03

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

    04

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About Mirae Asset Cash Management Fund (G)

    About Mirae Asset Cash Management Fund (G)

    Mirae Asset Cash Management Fund (G) is a Liquid Debt fund and has delivered an annualised return of 6.3% 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

    Mirae Asset Cash Management Fund (G) 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. . However, there is no assurance that the objective of the scheme will be realized.

    Mirae Asset Cash Management Fund (G) NAV,AUM,Risk

    The Mirae Asset Cash Management Fund (G) fund was launched on Jan 12, 2009. The NAV (Net Asset Value) of this Liquid Debt fund as of 2021-10-25 is ₹2183.42. The total AUM (Asset Under Management) of the fund as of 26/10/2021 is ₹4059.729. The category risk of the Mirae Asset Cash Management Fund (G) fund is Low to Moderate Risk. The fund charges 0.27 % as expense ratio.

    Mirae Asset Cash Management Fund (G) Holdings

    The fund’s highest allocation is towards Others and has invested 100% in this asset class. The top three holdings of the fund are , reverse repo , triparty repo , 182 dtb 12112021 , net receivables / (payables) , 91 dtb 02122021 , indian oil corporation limited , 182 dtb 18112021 , hdfc bank limited , 91 dtb 11112021 , indian railway finance corporation limited , axis bank limited , motilal oswal financial services limited , kotak securities ltd , iifl wealth prime limited , iifl wealth prime limited , igh holdings private limited , 182 dtb 16122021 , reliance jio infocomm limited , 364 dtb 04112021 , 182 dtb 30122021 , berger paints india limited , housing development finance corporation limited , hindustan petroleum corporation limited , indian oil corporation limited , birla group holdings private limited , national fertilizers limited , kotak securities ltd , aditya birla fashion and retail limited , national bank for agriculture and rural development , berger paints india limited , berger paints india limited , hdfc securities limited , hindustan petroleum corporation limited , hindustan petroleum corporation limited , reliance jio infocomm limited , reliance jio infocomm limited , reliance jio infocomm limited , 364 dtb 25112021 , 8.79% govt stock 2021 , indian oil corporation limited , national bank for agriculture and rural development , lic housing finance limited , rural electrification corporation limited , tv18 broadcast limited , jm financial products limited , tv18 broadcast limited (17/01/2022)

    Mirae Asset Cash Management Fund (G) Sip

    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.

    Mirae Asset Cash Management Fund (G) Investment volatility and Horizon

    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 (G) Review

    Mirae Asset Cash Management Fund (G) has a score of 4 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, Mirae Asset Cash Management Fund (G) has a score of 4out of 5 The credit risk of the fund is 5 out of 5 as compared to other debt funds.

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