Mirae Asset Cash Management Fund Direct Plan Growth

Low to Moderate Risk
Money Market
Liquid

NAV as on Dec 26, 2025

Price per unit of the scheme.

₹ 2,865.18580.01%1 Day Change

0.47%

Minimum Investment₹5000

Expense Ratio0.15%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Mirae Asset Cash Management Fund Direct Plan Growth

Money Market: Liquid Average NAV

Topper in Money Market: Liquid

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Mirae Asset Cash Management Fund Direct Plan Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

Nifty Liquid TR INR

Expense Ratio

0.15%

Category Avg Expense Ratio

0.18%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 18,005.22 Cr(As on Nov, 2025)

Inception Date

Jan 01, 2013

Turnover

- %

Exit Load

For Exits within 1 day from date of allotment of units: 0.0070%; Exits within 2 days from date of allotment of units: 0.0065%; Exits within 3 days from date of allotment of units: 0.0060%; Exits within 4 days from date of allotment of units: 0.0055%; Exits within 5 days from date of allotment of units: 0.0050%; Exits within 6 days from date of allotment of units: 0.0045%; Exits beyond 7 days from date of allotment of units: NIL.

ABOUT THE FUND

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.

Mirae Asset Cash Management Fund Direct Plan Growth is an Money Market - Liquid fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onDec 26, 2025 is ₹2,865.19. Its expense ratio is 0.15 %. The fund has an AUM of ₹18,005.22 Cr.The fund is managed byAbhishek Iyer,Amit Modani,Mahendra Jajoo.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Abhishek Iyer

Lead Fund Manager.

Dec 28, 2020 - Present

Fund Manager Rank13Out of 40
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed3
Total AUM₹ 24,874.88 Cr
Highest Return In 1 Yr6.94 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mirae Asset Cash Management Fund Direct Plan Growth

₹ 2,865.19

0.47%

0.38%

Low to Moderate Risk

₹18,005.22Cr

Mirae Asset Arbitrage Fund Direct Growth

₹ 13.93

0.55%

0.50%

Low Risk

₹3,804.66Cr

Mirae Asset Overnight Fund Direct Growth

₹ 1,363.13

0.43%

Low Risk

₹3,065.00Cr

Mirae Asset Cash Management Fund Direct Plan Growth

Low to Moderate Risk--

NAV₹ 2,865.19
Fund Size₹18,005.22Cr

Fund Return0.47%

Category Return0.38%

Mirae Asset Arbitrage Fund Direct Growth

Low Risk--

NAV₹ 13.93
Fund Size₹3,804.66Cr

Fund Return0.55%

Category Return0.50%

Mirae Asset Overnight Fund Direct Growth

Low Risk--

NAV₹ 1,363.13
Fund Size₹3,065.00Cr

Fund Return0.43%

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Mahendra Jajoo

Lead Fund Manager.

Sep 22, 2025 - Present

Fund Manager Rank13Out of 40
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed11
Total AUM₹ 36,038.91 Cr
Highest Return In 1 Yr10.41 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mirae Asset Corporate Bond Fund Direct Growth

₹ 13.38

0.03%

0.05%

Moderate Risk

₹46.26Cr

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

₹ 39.18

0.17%

0.58%

Very High Risk

₹9,493.99Cr

Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

₹ 12.73

0.47%

Moderate Risk

₹553.48Cr

Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk--

NAV₹ 13.38
Fund Size₹46.26Cr

Fund Return0.03%

Category Return0.05%

Mirae Asset Hybrid Equity Fund -Direct Plan-Growth

Very High Risk

NAV₹ 39.18
Fund Size₹9,493.99Cr

Fund Return0.17%

Category Return0.58%

Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Moderate Risk--

NAV₹ 12.73
Fund Size₹553.48Cr

Fund Return0.47%

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Amit Modani

Lead Fund Manager.

Nov 1, 2024 - Present

Schemes managed13
Total AUM₹ 30,599.19 Cr
Highest Return In 1 Yr8.36 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mirae Asset Dynamic Bond Fund Direct Growth

₹ 18.22

0.38%

0.05%

Moderate Risk

₹117.23Cr

Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

₹ 12.73

0.47%

Moderate Risk

₹553.48Cr

Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth

₹ 12.55

0.46%

Low to Moderate Risk

₹76.92Cr

Mirae Asset Dynamic Bond Fund Direct Growth

Moderate Risk

NAV₹ 18.22
Fund Size₹117.23Cr

Fund Return0.38%

Category Return0.05%

Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Moderate Risk--

NAV₹ 12.73
Fund Size₹553.48Cr

Fund Return0.47%

Category Return--

Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth

Low to Moderate Risk--

NAV₹ 12.55
Fund Size₹76.92Cr

Fund Return0.46%

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Dec, 2025

EQUITY (-%)

DEBT (-%)

CASH (99.84%)

Allocation by Market Cap

Other Cap(0.16%)

Industry Holdings

No Data For Allocation

Stock Holdings

No Data For Allocation

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
0.01
This Fund
VS
-0.56
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
68.69
This Fund
VS
38.79
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
1.32
This Fund
VS
1.16
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
3.28
This Fund
VS
-0.81
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
21.55
This Fund
VS
9.23
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
0.18
This Fund
VS
0.31
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Mirae Asset Investment Managers (India) Private Limited

Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 2,36,459.83 crores. It’s current offering of mutual fund schemes includes 22 equity, 14 debt and 13 hybrid schemes.

Phone

022-6780 0300

customercare@miraeasset.com

AUM

₹ 2,36,459.83 Cr (

As on Nov 30, 2025

)

Address

Unit No. 606, 6th Floor, Mumbai,400 098

FAQ's

What is the category of Mirae Asset Cash Management Fund Direct Plan Growth ?

The category of Mirae Asset Cash Management Fund Direct Plan Growth is Money Market - Liquid

What is the current NAV of Mirae Asset Cash Management Fund Direct Plan Growth ?

The current NAV of Mirae Asset Cash Management Fund Direct Plan Growth as on Dec 26, 2025 is ₹2,865.19

How safe is Mirae Asset Cash Management Fund Direct Plan Growth ?

The risk level of Mirae Asset Cash Management Fund Direct Plan Growth is Low to Moderate.

What are short term returns given by Mirae Asset Cash Management Fund Direct Plan Growth ?

The return given by Mirae Asset Cash Management Fund Direct Plan Growth in 1 month is 0.47%, 3 months is 1.47%, 6 months is 2.93%, and 1 year is 6.64%

What are the long term returns given by Mirae Asset Cash Management Fund Direct Plan Growth ?

The return given by Mirae Asset Cash Management Fund Direct Plan Growth in 3 years is 7.07% and 5 years is 5.89%.

What is the expense ratio of Mirae Asset Cash Management Fund Direct Plan Growth ?

The expense ratio of Mirae Asset Cash Management Fund Direct Plan Growth is 0.15%

What is the AUM of Mirae Asset Cash Management Fund Direct Plan Growth ?

The assets under Management (AUM) of Mirae Asset Cash Management Fund Direct Plan Growth is Rs 18,005.22 crores.

What is the minimum investment in Mirae Asset Cash Management Fund Direct Plan Growth ?

The minimum Lumpsum investment in Mirae Asset Cash Management Fund Direct Plan Growth is ₹5,000.00 and the minimum SIP investment in Mirae Asset Cash Management Fund Direct Plan Growth is ₹1,000.00

What is the asset allocation of Mirae Asset Cash Management Fund Direct Plan Growth?

Mirae Asset Cash Management Fund Direct Plan Growth has an exposure of 99.84% in Cash & Money Market Securities