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Mirae Asset Cash Management Fund - Growth

  • Regular
  • Direct
Category : Liquid Fund
  • NAV
    : ₹ 2137.0821 0.01%
    (as on 25th February, 2021)
Crisil Rank
Average performance among peers
Risk-O-Meter
Low to Moderate
(Min ₹1000 for SIP, ₹5000 for one time investment)

Fund has 84.19% investment in Debt of which 17.55% in Government securities, 66.65% in funds invested in very low risk securities..

Suitable For : Investors who want to invest for very short term and are looking for alternative to bank accounts/deposits.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 24th February, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 17-Feb-21 10006.00 0.06% - 0.06% 24/38
1 Month 24-Jan-21 10029.00 0.29% - 0.28% 5/38
3 Month 24-Nov-20 10079.30 0.79% - 0.76% 5/38
6 Month 24-Aug-20 10161.90 1.62% - 1.56% 4/38
YTD 01-Jan-21 10046.70 0.47% - 0.46% 5/38
1 Year 24-Feb-20 10387.40 3.87% 3.86% 3.73% 14/38
2 Year 24-Feb-19 11038.50 10.38% 5.06% 4.96% 15/37
3 Year 23-Feb-18 11861.50 18.62% 5.84% 5.68% 17/34
5 Year 24-Feb-16 13544.00 35.44% 6.25% 6.22% 24/32
10 Year 24-Feb-11 19849.30 98.49% 7.09% 7.47% 27/29
Since Inception 13-Jan-09 21356.30 113.56% 6.46% 6.89% 31/37

SIP Returns (NAV as on 24th February, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 24-Feb-20 12000 12226.46 1.89 % 3.48 %
2 Year 24-Feb-19 24000 25082.93 4.51 % 4.28 %
3 Year 23-Feb-18 36000 38861.98 7.95 % 5.01 %
5 Year 24-Feb-16 60000 69334.42 15.56 % 5.71 %
10 Year 24-Feb-11 120000 168981.86 40.82 % 6.65 %
 

Tax Treatment

Portfolio (Updated on 31st Jan,2021)

No of Debt Holding 46 (Category Avg - 32.47) | Modified Duration 0.08 Years (Category Avg - 0.07)| Yield to Maturity 3.62% (Category Avg - 3.47%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 0.00% 0.86%
CD 7.89% 5.91%
T-Bills 17.55% 29.59%
NCD & Bonds 1.50% 0.26%
CP 57.26% 39.55%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 17.55% 30.45%
Low Risk 66.65% 45.72%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
Reverse Repo Reverse Repo 14.90%
TREPS TREPS 3.94%
Net Receivables Net Receivables -3.03%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th January, 2021)

  • Standard Deviation

    High volatility
    0.36vs0.28
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    3.84vs2.72
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    0.44vs0.05
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Liquid Plan - Growth NA 225.08 0.34 1.04 2.23 4.64 6.26
IDBI Liquid Fund - Growth 1 798.66 0.30 0.80 1.67 4.19 6.01
Union Liquid Fund - Growth 1 845.17 0.29 0.77 1.57 3.99 4.58
Tata Liquid Fund -Regular Plan - Growth 3 12917.03 0.28 0.73 1.55 3.97 5.90
Aditya Birla Sun Life Liquid Fund - Regular Plan - Growth 1 31305.54 0.29 0.75 1.56 3.95 5.93
Franklin India Liquid Fund - Super Institutional Plan - Growth 4 2003.55 0.27 0.76 1.55 3.95 6.03
ICICI Prudential Liquid Fund - Growth 3 39318.62 0.28 0.75 1.55 3.95 5.89
LIC MF Liquid Fund - Growth 3 6130.42 0.28 0.76 1.56 3.94 5.84
Axis Liquid Fund - Growth 3 23571.61 0.29 0.75 1.57 3.94 5.92
Mahindra Manulife Liquid Fund - Regular Plan - Growth 2 1700.02 0.28 0.77 1.60 3.93 5.94

More Funds from Mirae Asset Mutual Fund

Out of 25 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 1 is/are ranked 4 * , 4 is/are ranked 3 * , 2 is/are ranked 2 * , and 17 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Mirae Asset Large Cap Fund - Regular - Growth 3 21745.53 4.40 14.76 27.42 24.93 12.48
Mirae Asset Emerging Bluechip Fund - Growth 5 14415.74 6.83 18.51 34.14 33.88 16.64
Mirae Asset Tax Saver Fund - Regular Plan - Growth 4 5647.90 6.52 17.56 34.64 34.87 16.11
Mirae Asset Focused Fund - Growth NA 4601.24 5.67 16.35 32.20 34.08 0.00
Mirae Asset Hybrid - Equity - Growth 3 4383.57 3.96 12.07 22.53 22.71 11.97
Mirae Asset Midcap Fund - Regular Plan - Growth NA 3433.27 8.31 23.49 39.08 36.93 0.00
Mirae Asset Cash Management Fund - Growth 3 3351.38 0.29 0.79 1.62 3.86 5.84
Mirae Asset Healthcare Fund - Growth NA 1166.01 -1.01 3.58 9.98 53.85 0.00
Mirae Asset Great Consumer Fund - Growth NA 1100.51 1.93 14.24 22.34 17.81 10.88
Mirae Asset Savings Fund - Regular Savings - Growth 2 1066.10 0.16 0.45 1.91 5.64 6.14

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