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Fund Overview

Fund Size

Fund Size

₹10,074 Cr

Expense Ratio

Expense Ratio

0.10%

ISIN

ISIN

INF769K01CM1

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Mirae Asset Cash Management Direct Growth is a Liquid mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 11 years, 5 months and 11 days, having been launched on 01-Jan-13.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹2587.24, Assets Under Management (AUM) of 10073.98 Crores, and an expense ratio of 0.1%.
  • Mirae Asset Cash Management Direct Growth has given a CAGR return of 6.70% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 1.54% in debts, and 98.27% in cash & cash equivalents.
  • You can start investing in Mirae Asset Cash Management Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.38%

+5.86% (Cat Avg.)

3 Years

+5.78%

+4.86% (Cat Avg.)

5 Years

+5.29%

+4.24% (Cat Avg.)

10 Years

+6.43%

+5.12% (Cat Avg.)

Since Inception

+6.70%

(Cat Avg.)

Portfolio Summaryas of 15th May 2024

Debt155.6 Cr1.54%
Others9,918.38 Cr98.46%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
India (Republic of)Bond - Short-term Government Bills363.27 Cr3.14%
India (Republic of)Bond - Short-term Government Bills349.23 Cr3.02%
India (Republic of)Bond - Short-term Government Bills276.13 Cr2.39%
ICICI Bank LimitedCash - CD/Time Deposit274.37 Cr2.37%
91 DTB 25072024Bond - Gov't/Treasury267.3 Cr2.31%
Bank Of BarodaCash - CD/Time Deposit249.43 Cr2.16%
Bank of BarodaBond - Corporate Bond248.9 Cr2.15%
TrepsCash - Repurchase Agreement218.78 Cr1.89%
Grasim Industries Ltd.Cash - Commercial Paper199.81 Cr1.73%
Punjab National BankBond - Gov't Agency Debt199.54 Cr1.72%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit199.23 Cr1.72%
Tata Power Renewable Energy LimitedCash - Commercial Paper198.92 Cr1.72%
National Housing BankCash - Commercial Paper196.62 Cr1.70%
India (Republic of)Bond - Short-term Government Bills188.55 Cr1.63%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit174.57 Cr1.51%
Reliance Retail Ventures LimitedCash - Commercial Paper149.94 Cr1.30%
India (Republic of)Bond - Short-term Government Bills149.86 Cr1.30%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper149.66 Cr1.29%
HDFC Bank LimitedCash - CD/Time Deposit149.63 Cr1.29%
191 DTB 19072024Bond - Gov't/Treasury148.66 Cr1.28%
Axis Bank LimitedCash - CD/Time Deposit148 Cr1.28%
Reliance Retail Ventures LimitedCash - Commercial Paper147.79 Cr1.28%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper147.59 Cr1.28%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper147.51 Cr1.27%
Bank of BarodaBond - Corporate Bond147.47 Cr1.27%
Union Bank of IndiaBond - Gov't Agency Debt147.46 Cr1.27%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper147.45 Cr1.27%
Small Industries Development Bank of IndiaCash - Commercial Paper147.37 Cr1.27%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper147.36 Cr1.27%
Net Receivables / (Payables)Cash-138.89 Cr1.20%
ICICI Bank LimitedCash - CD/Time Deposit124.74 Cr1.08%
Axis Bank Ltd.Bond - Corporate Bond124.43 Cr1.08%
Reliance Jio Infocomm Ltd.Cash - Commercial Paper124.42 Cr1.08%
Larsen & Toubro Ltd.Cash - Commercial Paper123.26 Cr1.07%
Reliance Retail Ventures LimitedCash - Commercial Paper122.83 Cr1.06%
Canara BankCash - CD/Time Deposit104.92 Cr0.91%
Tata Motors Finance LimitedCash - Commercial Paper99.96 Cr0.86%
Small Industries Development Bank of IndiaBond - Corporate Bond99.92 Cr0.86%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper99.92 Cr0.86%
Bajaj Finance LimitedCash - Commercial Paper99.92 Cr0.86%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit99.9 Cr0.86%
Indian BankCash - CD/Time Deposit99.83 Cr0.86%
Bajaj Finance LimitedCash - Commercial Paper99.8 Cr0.86%
Canara BankBond - Gov't Agency Debt99.75 Cr0.86%
182 DTB 20062024Bond - Gov't/Treasury99.65 Cr0.86%
Bank Of MaharashtraBond - Gov't Agency Debt99.62 Cr0.86%
Icici Securities LimitedCash - Commercial Paper99.53 Cr0.86%
ICICI Home Finance Company LimitedCash - Commercial Paper99.49 Cr0.86%
Bajaj Finance Ltd.Cash - Commercial Paper99.06 Cr0.86%
Axis Finance Ltd.Cash - Commercial Paper99.06 Cr0.86%
Kotak Securities LtdCash - Commercial Paper99.04 Cr0.86%
Axis Bank Limited**Cash - CD/Time Deposit99.01 Cr0.86%
Axis Bank LimitedCash - CD/Time Deposit98.97 Cr0.86%
HDFC Securities LimitedCash - Commercial Paper98.88 Cr0.85%
Network18 Media & Investments LimitedCash - Commercial Paper98.87 Cr0.85%
182 DTB 26102024Bond - Gov't/Treasury98.86 Cr0.85%
India (Republic of)Bond - Short-term Government Bills98.84 Cr0.85%
India (Republic of)Bond - Short-term Government Bills98.73 Cr0.85%
India (Republic of)Bond - Short-term Government Bills98.73 Cr0.85%
Punjab National BankCash - CD/Time Deposit98.73 Cr0.85%
Small Industries Development Bank of IndiaCash - Commercial Paper98.67 Cr0.85%
Kotak Securities LtdCash - Commercial Paper98.6 Cr0.85%
HDFC Bank Ltd.Bond - Corporate Bond98.57 Cr0.85%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper98.57 Cr0.85%
Bank of BarodaBond - Corporate Bond98.54 Cr0.85%
182 DTB 22082024Bond - Gov't/Treasury98.48 Cr0.85%
Indian BankBond - Gov't Agency Debt98.46 Cr0.85%
ICICI Securities Primary Dealership LimitedCash - Commercial Paper98.43 Cr0.85%
Union Bank of IndiaBond - Gov't Agency Debt98.4 Cr0.85%
182 DTB 29082024Bond - Gov't/Treasury98.35 Cr0.85%
Icici Securities LimitedCash - Commercial Paper98.31 Cr0.85%
Network18 Media & Investments LimitedCash - Commercial Paper98.29 Cr0.85%
360 One Prime Ltd.Cash - Commercial Paper98.25 Cr0.85%
TV18 Broadcast LimitedCash - Commercial Paper98.25 Cr0.85%
Godrej Housing Finance LimitedCash - Commercial Paper74.97 Cr0.65%
Icici Securities LimitedCash - Commercial Paper74.83 Cr0.65%
HDFC Securities LimitedCash - Commercial Paper73.92 Cr0.64%
Kotak Securities LtdCash - Commercial Paper73.82 Cr0.64%
Godrej IndustriesCash - Commercial Paper73.69 Cr0.64%
Birla Group Holdings Private LimitedCash - Commercial Paper73.67 Cr0.64%
Tata Motors Finance LimitedCash - Commercial Paper73.62 Cr0.64%
Icici Securities LimitedCash - Commercial Paper73.59 Cr0.64%
HDFC Bank LimitedCash - CD/Time Deposit49.97 Cr0.43%
Icici Securities LimitedCash - Commercial Paper49.95 Cr0.43%
Small Industries Development Bank Of IndiaBond - Corporate Bond49.94 Cr0.43%
Hindustan Petroleum Corporation LimitedBond - Corporate Bond49.93 Cr0.43%
Icici Securities LimitedCash - Commercial Paper49.9 Cr0.43%
360 One Prime Ltd.Cash - Commercial Paper49.86 Cr0.43%
Godrej Agrovet Ltd.Cash - Commercial Paper49.8 Cr0.43%
Network18 Media & Investments LimitedCash - Commercial Paper49.57 Cr0.43%
TV18 Broadcast LimitedCash - Commercial Paper49.57 Cr0.43%
Godrej IndustriesCash - Commercial Paper49.5 Cr0.43%
Icici Securities LimitedCash - Commercial Paper49.22 Cr0.43%
Julius Baer Capital (India) Private LimitedCash - Commercial Paper49.19 Cr0.43%
Godrej Agrovet Ltd.Cash - Commercial Paper49.18 Cr0.43%
Motilal Oswal Financial Services LtdCash - Commercial Paper49.09 Cr0.42%
Cholamandalam Investment & Finance Co Ltd.Cash - Commercial Paper49.07 Cr0.42%
Kotak Securities LtdCash - Commercial Paper49.06 Cr0.42%
Motilal Oswal Finvest LimitedCash - Commercial Paper49.05 Cr0.42%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit48.27 Cr0.42%
Punjab National BankCash - CD/Time Deposit23.47 Cr0.20%
Class A2 units of Alternative Investment Fund Units #Mutual Fund - Open End21.1 Cr0.18%
182 DTB 06062024Bond - Gov't/Treasury14.99 Cr0.13%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Commercial Paper5,315.51 Cr45.94%
Cash - CD/Time Deposit2,043.03 Cr17.66%
Bond - Short-term Government Bills1,623.34 Cr14.03%
Bond - Corporate Bond917.72 Cr7.93%
Bond - Gov't/Treasury826.29 Cr7.14%
Bond - Gov't Agency Debt743.23 Cr6.42%
Cash - Repurchase Agreement218.78 Cr1.89%
Cash-138.89 Cr1.20%
Mutual Fund - Open End21.1 Cr0.18%

Risk & Performance Ratios

Standard Deviation

This fund

0.48%

Cat. avg.

0.51%

Lower the better

Sharpe Ratio

This fund

0.92

Cat. avg.

-2.13

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-1.01

Higher the better

Fund Managers

Abhishek Iyer

Abhishek Iyer

Since December 2020

Additional Scheme Detailsas of 15th May 2024

ISININF769K01CM1Expense Ratio0.10%Exit LoadNo ChargesFund Size₹10,074 CrAge01 Jan 2013Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Liquid TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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About the AMC

Total AUM

₹1,71,472 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1406.88 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹3409.20 Cr38.6%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹10073.98 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹34974.46 Cr41.4%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹37631.07 Cr26.0%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹594.96 Cr7.5%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹144.98 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹7920.31 Cr19.2%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹152.53 Cr6.8%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1541.06 Cr57.3%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8545.85 Cr26.8%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹722.32 Cr36.5%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹105.57 Cr30.0%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹541.56 Cr41.7%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹798.39 Cr7.2%
Mirae Asset Ultra Short Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹1622.55 Cr7.7%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1815.41 Cr34.9%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1671.29 Cr26.0%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹2683.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹87.16 Cr61.1%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹22471.76 Cr37.4%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.22 Cr7.0%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹47.08 Cr6.7%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.8%0.0%₹75.88 Cr3.2%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1088.38 Cr18.2%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹59.30 Cr6.8%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹316.95 Cr29.5%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹95.84 Cr-5.6%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹882.62 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹346.19 Cr7.2%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹225.99 Cr6.9%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹103.31 Cr7.0%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2201.96 Cr51.1%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2074.44 Cr8.6%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹15353.87 Cr51.4%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.7%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of Mirae Asset Cash Management Direct Growth, as of 11-Jun-2024, is ₹2587.24.
The fund has generated 7.38% over the last 1 year and 5.78% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 1.54% in bonds, and 98.27% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Cash Management Direct Growth are:-
  1. Abhishek Iyer