Mirae Asset Liquid Fund
Mirae Asset Mutual FundDebt: LiquidDirect planGrowth
Overview
NAV
₹3,013.8246
Gain 0.02% 1-day changeData as of 11 Oct 2026
- 1 year
- Gain 6.5%
- 3 years
- Gain 6.9%
- 5 years
- Gain 6.4%
The principal will be at Low to Moderate risk
Data as of 11 Oct 2026Source: amfiHow we calculatePast performance may or may not be sustained in future. Returns shown are not an indication of future returns.
Trailing returns
Periods under 1 year show absolute return. 1 year and longer show CAGR (annualised).
| Period | This fund | Category average |
|---|---|---|
| 1 month | Gain 0.49% | Gain 0.47% |
| 3 months | Gain 1.59% | Gain 1.53% |
| 6 months | Gain 3.18% | Gain 3.12% |
| 1 year | Gain 6.46% | Gain 6.30% |
| 3 years | Gain 6.93% | Gain 6.73% |
| 5 years | Gain 6.39% | Gain 6.17% |
| 7 years | Gain 5.72% | Gain 5.48% |
| 10 years | Gain 6.11% | Gain 5.90% |
| Since launch | Gain 6.70% | Gain 6.55% |
SIP returns (XIRR)
XIRR of a monthly SIP over each period, valued at the latest NAV.
| Period | This fund | Category average |
|---|---|---|
| 1 year | Gain 6.57% | Gain 6.41% |
| 3 years | Gain 6.70% | Gain 6.52% |
| 5 years | Gain 6.75% | Gain 6.55% |
| 10 years | Gain 6.12% | Gain 5.92% |
Calendar-year returns
Show as table
| Year | This fund |
|---|---|
| 2026 (year to date) | ▲ +5.08% |
| 2025 | ▲ +6.60% |
| 2024 | ▲ +7.46% |
| 2023 | ▲ +7.12% |
| 2022 | ▲ +4.93% |
| 2021 | ▲ +3.40% |
| 2020 | ▲ +4.30% |
| 2019 | ▲ +6.65% |
| 2018 | ▲ +7.45% |
| 2017 | ▲ +6.71% |
Past performance may or may not be sustained in future. Returns shown are not an indication of future returns.
Rolling returns
Returns over every possible holding period since launch show the range of outcomes an investor could have had, not just one start date.
| Holding period | 1Y | 3Y | 5Y |
|---|---|---|---|
| Lowest | 3.32% | 4.11% | 5.27% |
| Median | 7.04% | 6.93% | 5.91% |
| Average | 6.68% | 6.47% | 6.24% |
| Highest | 9.26% | 8.57% | 7.90% |
| Periods with a loss | 0.0% | 0.0% | 0.0% |
| Periods above 8% | 17.0% | 11.3% | 0.0% |
| Periods above 10% | 0.0% | 0.0% | 0.0% |
| Periods above 12% | 0.0% | 0.0% | 0.0% |
| Number of periods | 3985 | 3261 | 2649 |
Distribution and comparison with the benchmark
Calculating…
Past performance may or may not be sustained in future. Returns shown are not an indication of future returns.
Risk measures (3 years)
Calculated on daily NAVs over the last 3 years. Tap ? for a plain-language explanation.
- Standard deviation
Standard deviation
How much the fund's returns swing around their average, per year. A higher number means a bumpier ride.
- 0.12%
- Sharpe ratio
Sharpe ratio
Return earned above a treasury-bill rate for each unit of ups and downs. Higher means more return for the risk taken.
- -13.63
- Sortino ratio
Sortino ratio
Like the Sharpe ratio, but it counts only the falls, not the rises. Higher is better.
- -12.57
- Beta
Beta
How much the fund tends to move when its benchmark moves. 1 means the same as the benchmark; below 1 means it moved less.
- Not available
- Alpha
Alpha
Return per year above what the fund's beta would predict from the benchmark. Positive means the fund added value.
- Not available
- Maximum drawdown
Maximum drawdown
The deepest fall from a peak to a later low. It shows the worst loss an investor would have seen on paper.
- ▼ −0.02%
- Up-market capture
Up-market capture
How much of the benchmark's gains the fund caught in rising months. Above 100% means it rose more.
- Not available
- Down-market capture
Down-market capture
How much of the benchmark's losses the fund took in falling months. Below 100% means it fell less.
- Not available
Fund facts
- Fund size (AUM)
- ₹20,232 Cr
- Expense ratio (TER)
- 0.09%
- Exit load
- Not available
- Minimum SIP
- ₹99
- Minimum lumpsum
- ₹5,000
- Launch date
- 1 Jan 2013
- Fund managers
- Pranavi Kulkarni
- Benchmark index
- Not available
- Category
- Debt: Liquid
- Fund house
- Mirae Asset Mutual Fund
- Scheme type
- Open Ended
- AMFI scheme code
- 118859
- ISIN
- INF769K01CM1
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.
Portfolio holdings
| Holding | Sector | Weight |
|---|---|---|
| 91 Days Treasury Bills (MD 24/12/2026) | — | 3.98% |
| HDFC Bank Ltd. (MD 04/12/2026)**# | — | 3.49% |
| Small Industries Development Bank of India (MD 10/11/2026)**# | — | 3.34% |
| Canara Bank (MD 04/12/2026)**# | — | 3.32% |
| Bank of Baroda (MD 06/11/2026)**# | — | 2.84% |
| 91 Days Treasury Bills (MD 12/11/2026) | — | 2.67% |
| 364 Days Treasury Bills (MD 19/11/2026) | — | 2.67% |
| 182 Days Treasury Bills (MD 27/11/2026) | — | 2.66% |
| Axis Bank Ltd. (MD 27/11/2026)**# | — | 2.16% |
| 91 Days Treasury Bills (MD 29/10/2026) | — | 2.01% |
| National Bank for Agriculture and Rural Development (MD 27/11/2026)** | — | 2.00% |
| Reliance Retail Ventures Ltd. (MD 27/11/2026)** | — | 2.00% |
| Small Industries Development Bank of India (MD 02/12/2026)** | — | 1.99% |
| 91 Days Treasury Bills (MD 19/11/2026) | — | 1.83% |
| Kotak Securities Ltd. (MD 21/10/2026)** | — | 1.67% |
Portfolio as of 30 Sept 2026 · top 15 of 125 holdings, 38.6% of the portfolio
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See how a SIP, a lumpsum or withdrawals in this fund would have done, using its real NAV history.
Data sources
| Data | Source | As of |
|---|---|---|
| Latest NAV | amfi | 11 Oct 2026 |
| NAV history | captnemo | 11 Oct 2026 |
| Expense ratio | amfi | 11 Oct 2026 |
| Fund size | amfi | 8 Oct 2026 |
| Fund managers | kuvera | 11 Oct 2026 |
| Riskometer | amfi | 8 Oct 2026 |
| Scheme details | amfi | 9 Oct 2026 |
| Holdings | amc:mirae-asset | 30 Sept 2026 |
| minSip | kuvera | 11 Oct 2026 |
| minLumpsum | amfi | 9 Oct 2026 |
| objective | kuvera | 11 Oct 2026 |
| launch | amfi | 9 Oct 2026 |
Mutual fund investments are subject to market risks, read all scheme related documents carefully.