fund-logo

Mirae Asset Cash Management fund (Dividend Reinvestment - Monthly)

Debt

Liquid

Top Ranked

₹ 1155.08

NAV (OCT 19)

Scripbox Opinion

Top Ranked

This fund is a good choice within liquid mutual funds.

Scripbox recommends other funds for investment in Liquid. Click here to see our recommendations.

Liquid funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals

Our analysis of this fund Learn how we rate funds ->
Our analysis of this fund Learn how we rate funds ->

Track Record

11 Years

The fund has sufficient history for analysis and the track record is good

Relative Size

3,863 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

Emergency Fund

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

Learn why choose a plan over a fund ->
  • Historical growth rate of 6.50% per annum
  • Recommended Duration < 3 years
  • No Lock-in
  • Emergency
Start Investing Now

Join 75,000+ smart investors who enjoy automatic investing with Scripbox

Historical NAV

1155.08

NAV (OCT 19)

SIP Calculator

Investing Duration 5 years

Total Investment

Wealth Gained

Total Corpus Created

With assumed returns of 6.25%
Start Investing Now

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

Moderately Low

Moderate

Moderately High

High

Low Risk

0.21%

Expense Ratio

12th Jan, 2009

Launched (11y ago)

₹ 3,863

AUM in Crores

INF769K01820

No Lock-in

CRISIL Liquid Fund TR INR

Benchmark

₹ 1000

SIP Minimum

₹ 5000

Lumpsum Min.

Fund Managers

Mahendra Jajoo

Fund Manager

Returns Calculator Comparison

of

for

Instrument Returns Total Corpus Gains Annualised %
Mutual Fund 70% 11.25%
EPF 70%
Property 70%
PPF 70%
Bank FD 70%
Gold 70%
Savings Bank 70%

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.

Asset allocation and Holdings

Last updated on 20th October 2020

Top Stock Holdings

Reverse Repo

18%

182 Dtb 19112020

6%

91 Dtb 22102020

6%

Export Import Bank Of India

3%

182 Dtb 06112020

3%
See all holdings
allocation by market cap

Comparison with Debt Funds

Emergency Fund

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

  • Indicative returns of 6.50% annually
  • Recommended Duration < 3 years
  • No Lock-in
  • Emergency
  • One-click investing and tracking
  • Zero fees for all your investments

SIP Calculator

Investment Duration 5 years

₹12,37,295

Total Investment

₹12,37,295

Wealth Gained

₹12,37,295

Total Corpus Created

With assumed returns of 6.25%
Start Investing Now
How does Scripbox rate funds?

Proprietary 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.

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.

Top Ranked

These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.

Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.

calender

Track Record

We look at consistent and long historical performance for our analysis

calender

Relative Size

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

calender

Category View

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

calender

Consistency Of Performance

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

calender

Track Record

We look at consistent and long historical performance for our analysis

calender

Relative Size

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

calender

Impact of Interest Rates

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

calender

Credit Quality Of Fund’s Portfolio

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

Equity Funds

Debt Funds

How to invest in best mutual funds?

Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.

group-img

Choose a plan

Choose a plan to invest to start investing

invest-img

Invest online & transfer

Make instant payment or setup your investment for a later date

track-img

Track your investments

Mutual fund companies allot you units and send confirmation via email & SMS. The same gets updated in your Scripbox Account

mark
The Scripbox Promise

Scripbox has helped over 2500 people become millionaires in the last 7 years

Start Investing Now
portion

Fund Selection

You'll never have to worry about what funds to choose. We'll suggest what's best for you.

cup

Continuous monitoring alerts

We will track our recommendations and suggest changes fund exists whenever required.

archery-target

All week call assistance

Our customer champions are available 7 days a week from 8AM to 8PM.

savings

Annual reviews rebalances

We review your investments and make course corrections every year to make the best out of your investments

About Mirae Asset Cash Management fund (Dividend Reinvestment - Monthly)

About Mirae Asset Cash Management fund (Dividend Reinvestment - Monthly)

Mirae Asset Cash Management fund (Dividend Reinvestment - Monthly) is a Liquid Debt fund and has delivered an annualised return of 4.96% over a period of 11 years. The fund is managed by Mirae Asset Global Inv (India) Pvt. Ltd. The fund manager’s name is Mahendra Jajoo.

Mirae Asset Cash Management fund (Dividend Reinvestment - Monthly) 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 (Dividend Reinvestment - Monthly) NAV, AUM and Risk

The fund was launched on 2009-01-12. The NAV of the fund as of 2020-10-19 is ₹ 1155.08. The total AUM of the fund as of 2020-10-19 is ₹ 3,863 Cr. The category risk of the fund is Low Risk

The fund charges 0.21 % as expense ratio.

Mirae Asset Cash Management fund (Dividend Reinvestment - Monthly) Holdings

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 reverse repo, 182 dtb 19112020 and 91 dtb 22102020.

Mirae Asset Cash Management fund (Dividend Reinvestment - Monthly) 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 (Dividend Reinvestment - Monthly) 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.