• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Cash Management Fund of Income Dis cum Cptl Wrdl (RIDCW-W)

Formerly Mirae Asset Cash Management Wk DR

Mirae Asset Mutual Fund

Mirae Asset Cash Management Fund of Income Dis cum Cptl Wrdl (RIDCW-W)

DebtLiquid

Top Ranked

1152.9727

NAV (Dec 05)

4%
3 Year CAGR
Scripbox Opinion

Not Reviewed yet

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

3,978 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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    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

1152.9727

NAV (Dec 5)

Fund Returns

Last 1Y

3.3%

Last 3Y

4%

Last 5Y

4.3%

Last 10Y

5%

Since Inception

4.8%

6 Month CAGR

1.7%

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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

Moderate Risk

Expense Ratio

0.27

Launched (12y ago)

Jan 12, 2009

AUM in Crores

3977.565

ISIN

INF769K01812

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
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    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)

Kotak Savings Fund (G)

₹ 13,499 cr

5

₹ 33,567 cr

5

₹ 11,691 cr

5

₹ 27,296 cr

5

₹ 31,118 cr

5

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About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 97,454 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.

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

    23.1%

    21%

    17.3%

    16.2%

    22.3%

    20.6%

    15.8%

    15.9%

    15.8%

    15.9%

    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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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers are millionaires
    We thrive on trust.

    We match your objectives to the right portfolio. World-class wealth management using science, data and technology, leveraged by our experience, and human touch. Get started with your wealth creation without worry.

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    About Mirae Asset Cash Management Fund of Income Dis cum Cptl Wrdl (RIDCW-W)

    About Mirae Asset Cash Management Fund of Income Dis cum Cptl Wrdl (RIDCW-W)

    Mirae Asset Cash Management Fund of Income Dis cum Cptl Wrdl (RIDCW-W) is a Liquid Debt fund and has delivered an annualised return of 4.8% over a period of 12 years. The fund was previously known as Mirae Asset Cash Management Wk DR . 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 of Income Dis cum Cptl Wrdl (RIDCW-W) 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 of Income Dis cum Cptl Wrdl (RIDCW-W) NAV,AUM,Risk

    The Mirae Asset Cash Management Fund of Income Dis cum Cptl Wrdl (RIDCW-W) fund was launched on Jan 12, 2009. The NAV (Net Asset Value) of this Liquid Debt fund as of 2021-12-05 is ₹1152.97. The total AUM (Asset Under Management) of the fund as of 06/12/2021 is ₹3977.565. The category risk of the Mirae Asset Cash Management Fund of Income Dis cum Cptl Wrdl (RIDCW-W) fund is Moderate Risk. The fund charges 0.27 % as expense ratio.

    Mirae Asset Cash Management Fund of Income Dis cum Cptl Wrdl (RIDCW-W) 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 , net receivables / (payables) , 182 dtb 16122021 , 91 dtb 02122021 , 182 dtb 18112021 , hdfc bank limited , motilal oswal financial services limited , bajaj finance limited , chennai petroleum corporation limited (18/01/2022) ** , bajaj finance limited , indian oil corporation limited , igh holdings private limited , iifl wealth prime limited , iifl wealth prime limited , housing development finance corporation limited , indian oil corporation limited , tv18 broadcast limited , iifl wealth finance limited , 182 dtb 30122021 , lic housing finance limited , berger paints india limited , hindustan petroleum corporation limited , steel authority of india limited , national bank for agriculture and rural development , berger paints india limited , hindustan petroleum corporation limited , export-import bank of india , indian oil corporation limited , chennai petroleum corporation ltd , nlc india limited , reliance jio infocomm limited , indian oil corporation limited , small industries development bank of india , berger paints india limited , export-import bank of india , national bank for agriculture and rural development , 364 dtb 25112021 , 91 dtb 13012022 , 364 dtb 13012022 , reliance jio infocomm limited , reliance jio infocomm limited , birla group holdings private limited , hindustan petroleum corporation limited , reliance jio infocomm limited , reliance jio infocomm limited , chennai petroleum corporation limited , lic housing finance limited , 364 dtb 02122021 , jm financial products limited , godrej agrovet limited , iifl wealth finance limited , national bank for agriculture and rural development

    Mirae Asset Cash Management Fund of Income Dis cum Cptl Wrdl (RIDCW-W) 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 of Income Dis cum Cptl Wrdl (RIDCW-W) 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 of Income Dis cum Cptl Wrdl (RIDCW-W) Review

    Mirae Asset Cash Management Fund of Income Dis cum Cptl Wrdl (RIDCW-W) 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 of Income Dis cum Cptl Wrdl (RIDCW-W) 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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