Mirae Asset Cash Management Fund IDCW Daily - Latest NAV[1066.43], MF Performance & Returns 2022

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Mirae Asset Cash Management Fund IDCW Daily
Debt
Liquid
Low to Moderate Risk
4.61%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 19 Jan 2022₹1,066.43
Min. SIP amountNA
Rating4
Fund size₹3,535.37Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.3%4.6%5.5%6.2%
Category average3.1%5.1%5.8%NA
Rank with in category81315NA
Understand terms
Holdings (48)NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills7.1%
Reserve Bank of India
FinancialT-Bills3.5%
REC Ltd.
FinancialNCD2.8%
Reserve Bank of India
FinancialT-Bills2.8%
Reliance Industries Ltd.
EnergyCP2.8%
Reserve Bank of India
FinancialT-Bills2.8%
Chennai Petroleum Corporation Ltd.
EnergyCP2.8%
Reserve Bank of India
FinancialT-Bills2.8%
REC Ltd.
FinancialCP2.8%
TV18 Broadcast Ltd.
ServicesCP2.1%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Nov 2021 - Present
0.27%
31 Oct 2021 - 30 Nov 2021
0.27%
30 Sep 2021 - 31 Oct 2021
0.27%
31 Aug 2021 - 30 Sep 2021
0.27%
31 Jul 2021 - 31 Aug 2021
0.27%
30 Jun 2021 - 31 Jul 2021
0.27%
31 May 2021 - 30 Jun 2021
0.27%
30 Apr 2021 - 31 May 2021
0.27%
31 Mar 2021 - 30 Apr 2021
0.22%
28 Feb 2021 - 31 Mar 2021
0.24%
31 Jan 2021 - 28 Feb 2021
0.21%
31 Dec 2020 - 31 Jan 2021
0.21%
30 Nov 2020 - 31 Dec 2020
0.21%
31 Oct 2020 - 30 Nov 2020
0.21%
30 Sep 2020 - 31 Oct 2020
0.20%
31 Aug 2020 - 30 Sep 2020
0.21%
31 Jul 2020 - 31 Aug 2020
0.21%
30 Jun 2020 - 31 Jul 2020
0.20%
31 May 2020 - 30 Jun 2020
0.20%
30 Apr 2020 - 31 May 2020
0.20%
31 Mar 2020 - 30 Apr 2020
0.20%
29 Feb 2020 - 31 Mar 2020
0.21%
31 Jan 2020 - 29 Feb 2020
0.21%
31 Dec 2019 - 31 Jan 2020
0.20%
30 Nov 2019 - 31 Dec 2019
0.20%
31 Oct 2019 - 30 Nov 2019
0.20%
30 Sep 2019 - 31 Oct 2019
0.18%
31 Aug 2019 - 30 Sep 2019
0.17%
31 Jul 2019 - 31 Aug 2019
0.17%
30 Jun 2019 - 31 Jul 2019
0.17%
31 May 2019 - 30 Jun 2019
0.17%
30 Apr 2019 - 31 May 2019
0.17%
31 Mar 2019 - 30 Apr 2019
0.08%
28 Feb 2019 - 31 Mar 2019
0.08%
31 Jan 2019 - 28 Feb 2019
0.09%
31 Dec 2018 - 31 Jan 2019
0.09%
30 Nov 2018 - 31 Dec 2018
0.09%
31 Oct 2018 - 30 Nov 2018
0.09%
30 Sep 2018 - 31 Oct 2018
0.19%
31 Aug 2018 - 30 Sep 2018
0.19%
31 Jul 2018 - 31 Aug 2018
0.19%
30 Jun 2018 - 31 Jul 2018
0.19%
31 May 2018 - 30 Jun 2018
0.19%
30 Apr 2018 - 31 May 2018
0.19%
31 Mar 2018 - 30 Apr 2018
0.19%
28 Feb 2018 - 31 Mar 2018
0.19%
31 Jan 2018 - 28 Feb 2018
0.16%
31 Dec 2017 - 31 Jan 2018
0.12%
30 Nov 2017 - 31 Dec 2017
0.12%
31 Oct 2017 - 30 Nov 2017
0.12%
Expense ratio, exit load and taxExpense ratio: 0.27%Inclusive of GST
Exit loadExit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementMahendra Kumar Jajoo
Sep 2016 - Present
View details
Education
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Also manages these schemes
Mirae Asset Savings Fund Regular Growth
Mirae Asset Savings Fund Regular IDCW Daily
Mirae Asset Savings Fund Regular Savings Plan IDCW Daily
Mirae Asset Savings Fund Regular Savings Plan IDCW Weekly
Mirae Asset Savings Fund Regular Savings Plan IDCW Quarterly
Mirae Asset Savings Fund Regular Savings Plan IDCW Monthly
Mirae Asset Savings Fund Regular Savings Plan Growth
Mirae Asset Cash Management Fund IDCW Weekly
Mirae Asset Cash Management Fund IDCW Monthly
Mirae Asset Cash Management Fund Growth
Mirae Asset Cash Management Fund IDCW Daily
Mirae Asset Savings Fund Direct Plan Growth
Mirae Asset Savings Fund Direct Plan IDCW Monthly
Mirae Asset Savings Fund Direct Plan IDCW Quarterly
Mirae Asset Savings Fund Direct Plan IDCW Daily
Mirae Asset Savings Fund Direct Plan IDCW Weekly
Mirae Asset Cash Management Fund Direct Growth
Mirae Asset Cash Management Fund Direct IDCW Monthly
Mirae Asset Cash Management Fund Direct IDCW daily
Mirae Asset Cash Management Fund Direct IDCW weekly
Mirae Asset Hybrid Equity Fund Direct Growth
Mirae Asset Hybrid Equity Fund Direct IDCW
Mirae Asset Hybrid Equity Fund Regular Growth
Mirae Asset Hybrid Equity Fund Regular IDCW
Mirae Asset Dynamic Bond Fund Direct Growth
Mirae Asset Dynamic Bond Fund Direct IDCW
Mirae Asset Dynamic Bond Fund Regular Growth
Mirae Asset Dynamic Bond Fund Regular IDCW
Mirae Asset Short Term Fund Direct IDCW
Mirae Asset Short Term Fund Direct Growth
Mirae Asset Short Term Fund Regular Growth
Mirae Asset Short Term Fund Regular IDCW
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Equity Savings Fund Direct IDCW
Mirae Asset Equity Savings Fund Regular Growth
Mirae Asset Equity Savings Fund Regular IDCW
Mirae Asset Fixed Maturity Plan Series III 1122 Days Direct Growth
Mirae Asset Fixed Maturity Plan Series III 1122 Days Regular Growth
Mirae Asset Overnight Fund Direct Growth
Mirae Asset Overnight Fund Direct IDCW Monthly
Mirae Asset Overnight Fund Regular Growth
Mirae Asset Overnight Fund Regular IDCW Daily
Mirae Asset Arbitrage Fund Regular Growth
Mirae Asset Arbitrage Fund Direct Growth
Mirae Asset Arbitrage Fund Direct IDCW
Mirae Asset Arbitrage Fund Regular IDCW
Mirae Asset Banking And PSU Debt Fund Regular Growth
Mirae Asset Banking And PSU Debt Fund Direct IDCW
Mirae Asset Banking And PSU Debt Fund Regular IDCW
Mirae Asset Banking And PSU Debt Fund Direct Growth
Mirae Asset Ultra Short Duration Fund Direct Growth
Mirae Asset Ultra Short Duration Fund Regular Growth
Mirae Asset Ultra Short Duration Fund Regular IDCW
Mirae Asset Corporate Bond Fund Direct Growth
Mirae Asset Corporate Bond Fund Direct IDCW
Mirae Asset Corporate Bond Fund Regular Growth
Mirae Asset Corporate Bond Fund Regular IDCW
Mirae Asset Money Market Fund Direct Growth
Mirae Asset Money Market Fund Regular Growth
Abhishek Iyer
Dec 2020 - Present
View details
Education
Mr. Iyer is a B. Com, Master in Finance management, Master of Arts (MA) Economics
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with IDBI Mutual Fund, IIFL Mutual Fund, L&T Mutual Fund and Sahara Mutual Fund.
Also manages these schemes
Mirae Asset Cash Management Fund IDCW Weekly
Mirae Asset Cash Management Fund IDCW Monthly
Mirae Asset Cash Management Fund Growth
Mirae Asset Cash Management Fund IDCW Daily
Mirae Asset Cash Management Fund Direct Growth
Mirae Asset Cash Management Fund Direct IDCW Monthly
Mirae Asset Cash Management Fund Direct IDCW daily
Mirae Asset Cash Management Fund Direct IDCW weekly
Mirae Asset Overnight Fund Direct Growth
Mirae Asset Overnight Fund Direct IDCW Monthly
Mirae Asset Overnight Fund Regular Growth
Mirae Asset Overnight Fund Regular IDCW Daily
Fund house & investment objective
Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM₹70,165.29Cr
Date of Incorporation30 Nov 2007
 Mirae Asset Cash Management Fund IDCW Daily is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available t
 Mirae Asset Cash Management Fund IDCW Daily is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Cash Management Fund IDCW Daily fund. The fund currently has an Asset Under Management(AUM) of ₹70,165 Cr and the Latest NAV as of 19 Jan 2022 is ₹1,066.43.
The Mirae Asset Cash Management Fund IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
...Read more
Investment Objective
The investment objective of the scheme is to seek to generate returns linked to short end rates like MIBOR and CBLO etc. and provide higher liquidity 
The investment objective of the scheme is to seek to generate returns linked to short end rates like MIBOR and CBLO etc. and provide higher liquidity by investing in a portfolio of debt and money market instruments.
...Read more
Fund benchmarkCRISIL Liquid Fund Index
Scheme Information Document(SID)
Fund house contact details
Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
E-mail
[email protected]
Website
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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FAQsHow to Invest in Mirae Asset Cash Management Fund IDCW Daily
You can easily invest in Mirae Asset Cash Management Fund IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for Mirae Asset Cash Management Fund IDCW Daily from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in Mirae Asset Cash Management Fund IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Mirae Asset Cash Management Fund IDCW Daily provide?
The Mirae Asset Cash Management Fund IDCW Daily has been there from 12 Jan 2009 and the average annual returns provided by this
fund is 3.33% since its inception.
How much expense ratio is charged by Mirae Asset Cash Management Fund IDCW Daily?
The term Expense Ratio used for Mirae Asset Cash Management Fund IDCW Daily or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of Mirae Asset Cash Management Fund IDCW Daily is 0.27% as of 20 Jan 2022...
What is the AUM of Mirae Asset Cash Management Fund IDCW Daily?
The AUM, short for Assets Under Management of Mirae Asset Cash Management Fund IDCW Daily is ₹3,535.37Cr as of 20 Jan 2022.
How to Redeem Mirae Asset Cash Management Fund IDCW Daily?
If you want to sell your Mirae Asset Cash Management Fund IDCW Daily holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Mirae Asset Cash Management Fund IDCW Daily?
You can select either SIP  or Lumpsum  investment of Mirae Asset Cash Management Fund IDCW Daily based on your investment objective and risk tolerance.
What is the NAV of Mirae Asset Cash Management Fund IDCW Daily?
The NAV of Mirae Asset Cash Management Fund IDCW Daily is ₹1,066.43 as of 19 Jan 2022.
What is the PE and PB ratio of Mirae Asset Cash Management Fund IDCW Daily?
The PE ratio ratio of Mirae Asset Cash Management Fund IDCW Daily is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1Y	3Y	5Y	All
Fund returns	3.3%	4.6%	5.5%	6.2%
Category average	3.1%	5.1%	5.8%	NA
Rank with in category	8	13	15	NA

Name	Sector	Instrument	Assets
Reserve Bank of India	Financial	T-Bills	7.1%
Reserve Bank of India	Financial	T-Bills	3.5%
REC Ltd.	Financial	NCD	2.8%
Reserve Bank of India	Financial	T-Bills	2.8%
Reliance Industries Ltd.	Energy	CP	2.8%
Reserve Bank of India	Financial	T-Bills	2.8%
Chennai Petroleum Corporation Ltd.	Energy	CP	2.8%
Reserve Bank of India	Financial	T-Bills	2.8%
REC Ltd.	Financial	CP	2.8%
TV18 Broadcast Ltd.	Services	CP	2.1%

Rank (total assets)	#13 in India
Total AUM	₹70,165.29Cr

Date of Incorporation	30 Nov 2007

Fund benchmark	CRISIL Liquid Fund Index

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Bengaluru – 560034
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Rating	4
Fund size	₹3,535.37Cr