Risk | Low to Moderate |
---|---|
Min SIP Amount | ₹1000 |
Expense Ratio | 0.14% |
NAV | ₹2174.55 (16 Apr 2021) |
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Fund Started | 01 Jan 2013 |
Fund Size | ₹3,462 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 5.8% |
Reserve Bank of India | Financial | T-Bills | 4.3% |
National Bank For Agriculture & Rural Development | Financial | CP | 2.9% |
Reliance Industries Ltd - Partly Paid Equity | Energy | CP | 2.9% |
Reserve Bank of India | Financial | T-Bills | 2.9% |
Power Grid Corporation of India Ltd. | Energy | CP | 2.9% |
Bank Of Baroda | Financial | CD | 2.9% |
Bank Of Baroda | Financial | CD | 2.9% |
Reserve Bank of India | Financial | T-Bills | 2.9% |
National Thermal Power Corp. Ltd. | Energy | CP | 2.9% |
Mirae Asset Cash Management Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Cash Management Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,462 Cr and the Latest NAV as of 16 Apr 2021 is ₹2174.55.
The Mirae Asset Cash Management Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. 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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.