Rating : N/A
Mirae Asset Cash Management Fund Direct Plan Monthly Dividend Payout
 ÂLiquid Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
0%
Asset Size
3351.38 Cr.
(As of 31 Jan, 2021)
Benchmark
CRISIL Liquid Fund TR INR
Riskometer
Investors understand that their principal will be at Low to Moderate Risk.
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.
 
Fund manager
Mahendra Jajoo
Exit load
0.006999999999999999 %
Minimum sip
₹1000
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
91 DTB 01042021
6.68%
91 DTB 04022021
2.98%
91 DTB11022021
2.98%
364 DTB 18032021
2.97%
Sector Allocation
About the Scheme Type
Liquid Mutual Fund invest in short-term money market instruments such as government securities, treasury bills (T-Bills), commercial papers, call money, etc., with a maturity period of up to 91 days. Liquid mutual funds are not only least risky but least volatile as well because they mostly invest in instruments with high credit rating (P1+) and experience nominal change in their NAV (Net Asset Value), mostly on the interest income accrued. This happens because of their short-term maturity which makes them sparingly traded in the market. Being invested for short periods of time, these provide unrivalled liquidity to investors.
Ratings
This fund is rated 0 stars by Morning Star Ratings.
N/A
Overview of Mirae Asset Global Inv (India) Pvt. Ltd
Mirae Asset was founded in 1997 in the wake of the Asian financial crisis with a vision of and dedication to serving clients in a way to help them build wealth for life with proven investment strategies.
As on 12th March 2019, Mirae Asset Management’s AUM (Assets under Management) had crossed the important threshold of Rs 25,000 Cr (Rs 22,000 in equity and Rs 3,100 in debt),
witnessing a growth of over 50% in calendar year 2018.
- Mirae Asset Global Investments (India) Pvt. Ltd. was established in India, in November 2007, with a seed capital of US$ 50 million
- Mirae Asset Mutual Fund is sponsored by Mirae Asset Global Investments Co. Limited, South Korea
- Mirae Asset present in India as a Foreign Institutional Investor (FII) since 2004
- Mirae Asset Global Investments India provides advisory services to Hong Kong & Korean offices
- Mix of domestic and international businesses providing stable growth for Mirae Asser India business