- About Coverfox
The instrument of mutual funds has forever functioned as an investment haven for those who are reluctant to directly initiate into the equity and derivative markets because of lack of knowledge and information. This requires essential knowledge on the market and an in-depth comprehension of the concepts required for the market to operate. This should at all costs be comprehended in advance lest one decides to invest in the market.
Yet, mutual funds come as a convenient entry point into these markets, even if one lacks the time and energy to get an update on the complete knowledge of capital markets. All mutual fund investments set variable targets for the investor and it is the investor who chooses these schemes, as per the investment goals.
HDFC Cash Management Fund is among these plans. It presents four different investment plans, varying as per capital appreciation and annual return. This scheme’s objective is meeting the investors’ short- and medium-period investment needs. This scheme delivers for investment in money market besides a corporate debt instrument.
HDFC Cash Management Fund Dividend Daily Option is amazing for investors who have an interest in weekly returns. The policy declares frequent weekly dividends.
|Date of Dividend Declaration||% DIVIDEND|
A closer observation of the above makes it obvious that even if one is invested with the daily dividend plan, dividends are not guaranteed. This is due to the fact that dividends are distributed only when there is distributable profit and the fund allows for dividend distribution.
The case is similar for other options under this policy, where dividends are given on a weekly or monthly basis. The various other parameters pertaining to investment schedule stay the same in all situation.
INR 3,741.631 NAV as on 19 Oct, 2018
|Fund Type||Open Ended|
|Benchmark||RISIL Liquid Fund|
|Asset Size (Rs. Cr)||2748.99 (Sep 20, 2018)|
|Asset Size (Rs. Cr)||Sep 30, 2018|
|Fund Manager||Anil Bamboli|
|Notes||The HDFC cash management fund has been re-named as HDFC Money Market Fund|
NAV as on 19 Oct, 2018
|Fund Type||Open Ended|
|Launch Date||Feb 02, 2002|
|Benchmark||CRISIL Liquid Fund|
|Asset Size (Cr.)||99.18 (Sep 30, 2018)|
|Asset Date||Sep 30, 2018|
|Last Dividend||Rs. 0.25|
|Fund Manager||Anil Bamboli|
|Notes||Call Plan has been renamed HDFC Overnight Fund|
NAV as on 19 Oct 2018
Aimed at generating capital appreciation via investment in money market instruments. This means that there is zero assurance about the investment objective of the Scheme being realized.
|2 Year||17 Dec 2011 to 17 Dec 2013||9.47|
|3 Year||02 Jul 2011 to 02 Jul 2014||9.38|
|5 Year||18 Dec 2010 to 18 Dec 2015||9.03|
What are the five different types of cash management tools?
The five different types of cash management tools are-
What are the techniques of cash management?
Typically, cash flow problems are the leading cause of business failures — so it is important to make sure you understand every technique available to keep your business afloat. To have a successful business, you need to be able to manage your cash flow well. Here are some useful cash management techniques to help you as you grow your business.
What does cash management mean?
This term refers to the act of collecting, concentrating, and disbursing cash. In various ways, the management of the flow of cash is a highly critical operation for business managers. When an enterprise happens to miss out obligations because of lack of funds, the enterprise becomes insolvent. This is the primary cause of bankruptcy of an enterprise. Beyond this, a poorly managed cash flow low safety margin occurs when there are expenses that are not anticipated.
What is cash management account?
The cash management account is the account kept with a financial institution allowing management of your cash transactions across a singular portal. Consider it a main cash hub utilised for the processing of all investment in and out flow.
What is cash management cycle?
The cash-management cycle concept is based on the idea of segments:
What is cash management function?
Cash management refers to the management of cash inflows, outflows and flows inside the firm. It is inclusive of the issues pertaining to deficit financing and investment diversion of surplus cash, so that optimum cash balance could be maintained. Cash management functions start to roll when customers write cheques to pay the firm. This function comes to an end when the supplier, employee or the government recieves funds from the enterprise on a payable account. The basic behind cash management is to give a firm the authority for maintaining liquidity and raising profitability.
What is Cash Management Fund?
The scheme’s objective is to gather income from short-term investments, that are in line with capital preservation and liquidity via investments in portfolios comprising money market and grade debt instruments.
What is HDFC Liquid Fund?
This is an investment plan with the main aim of enhancing income in line with high levels of liquidity. This is achieved via a correct mix of money market and debt instruments in the portfolio.
What is Reliance Money Manager Fund?
The Reliance Money Manager Fund is a very popular mutual fund policy from the house of Reliance. This policy sees objective in delivering consistent profit by investing in debt instruments and money market instruments. This fund offers investors an opportunity to yield profits at a shorter interval of time.
What is the objective of cash management?
This is a broad term that points to the concentration, collection and disbursement of cash in any mechanism. This term entails an enterprise's state of liquidity, together with the cash balance management and strategies for short-term investments.
Why is cash management important?
In certain ways, the management of cash flow is a very important role for all business managers. Whenever an enterprise fails at paying a due obligation owing to lack of cash, the enterprise is considered insolvent. This is why cash flow management is important.