Mirae Asset Cash Management Fund Dividend Weekly+0.02%

3Groww
6.83%
1 Year Return
Debt
Liquid
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Mirae Asset Cash Management Fund Dividend Weekly

RiskLow
Min SIP Amount₹1000
Expense Ratio0.20%
NAV1152.72 (21 Nov 2019)
Fund Started12 Jan 2009
Fund Size3,363 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Cash Management Fund Dividend Weekly
6.8%
6.9%
7.2%
6.7%
Category Average
6.8%
6.7%
7.3%
-
Rank within category
18
24
29
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.8% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. Risk is lower compared to the benchmark
    Cons
    1. 1Y Returns are lower than the benchmark
    2. 3Y Returns are lower than the benchmark
    3. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Andhra BankFinancialCD5.9%
    Reserve Bank of IndiaFinancialT-Bills5.0%
    Reserve Bank of IndiaFinancialT-Bills3.0%
    Syndicate BankFinancialCD3.0%
    Chennai Petroleum Corpn. Ltd.EnergyCP3.0%
    PNB Housing Finance Ltd.FinancialCP3.0%
    National Fertilizers Ltd.ChemicalsCP3.0%
    Reserve Bank of IndiaFinancialT-Bills2.8%
    Berger Paints India Ltd.ChemicalsCP2.2%
    National Fertilizers Ltd.ChemicalsCP1.5%
    See All

    Fund Managers

    addMahendra Kumar Jajoo
    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.
    Funds Managed

    Other Details

    Mirae Asset Cash Management Fund Dividend Weekly is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was introduced to investors on 12 Jan 2009. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Cash Management Fund Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹3,363 Cr and the Latest NAV as of 21 Nov 2019 is ₹1152.72.

    The Mirae Asset Cash Management Fund Dividend Weekly is rated Low risk. Minimum SIP Investment is 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..

    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.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    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.
    Exit Load

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    About Mirae Asset Mutual Fund

    Address
    Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
    Phone
    022-67800300
    Launch Date
    29 Nov 2007
    Mirae Asset Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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