Mirae Asset Cash Management Fund - Direct Plan

Scheme Type
Open-ended
Scheme Category
Liquid
Benchmark Type
Crisil Liquid Fund Index
Scheme AUM (in Crs.)
₹ 2963.31
Expense Ratio
0.08%
Scheme Class
Debt
AMC AUM (in Crs.)
₹ 20569
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
1918.2685
(0.02 %)
NAV as on 2018-11-14
Returns
Fund
Mirae Asset Cash Management Fund - Direct Plan
1 Year
7.31%
3 Year
7.15%
5 Year
7.76%
AMC Details
amc launch date
Launch Date
30 Nov 2007
amc sponsor
Sponsor
NA
amc email
Email
customercare@miraeasset.com
amc phone
Phone
022 - 67800300
amc address
Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Tax Implications
Short Term Capital Gain (Holding period < 12months):
Rates applicable to the Investor as per Tax slab.
Long Term Capital Gain:
22.88% - 23.92%
(20% with Indexation Benefit + Surcharge @ 10%-15% + 4% Health & Education Cess)
Taxation on Dividends:
28.84%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Low
Exit Load
N.A.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
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 by investing in a portfolio of debt and money market instruments.
Suitability
Optimal returns over short term.
• Investment in a portfolio of short duration money market and debt instruments
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
6,129
Portfolio Value
129
Total Returns