Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl
Debt
Direct
Liquid
NAV: ₹ 1140.67 as on 15-04-2024
Fund Performance
About the Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl
Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Iyer. This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl has ₹6872 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl Overview
 | 0.12% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹6872 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 666.53% |
Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
65.7%
Corporate
22.8%
Government
11.4%
Top Holdings of Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl as on (31-Mar-24)
Debt Holdings66
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 State Bank Of India | 4.25% | 100% | |
Bank Of Baroda | 3.95% | 100% | |
91 DTB 25042024 | 2.9% | 0% | |
91 DTB 02052024 | 2.89% | 0% | |
Axis Bank Limited | 2.88% | 33.3% |
See all
Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 12.3K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl Fund Manager
Abhishek Iyer
Fund Manager of Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl, since 28 December 2020
Top funds managed
Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.4% since inception which is more than its category average return of 4.81%
AUM size ₹6872 Cr
This fund has AUM of ₹6872 Cr which is less than its category average of ₹ 10671 Cr
Expense Ratio 0.12%
This fund has an expense ratio of 0.12% which is less than its category average expense ratio of 0.24%
Frequently Asked Questions
The current NAV of Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl is ₹1140.67 as on 15-Apr-2024.
Existing (Absolute + CAGR) as on 15-Apr-2024.
Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 3.76% | 3.76% |
1 Year Returns | 7.4% | 7.4% |
3 Years Returns | 17.7% | 5.58% |
5 Years Returns | 27.35% | 4.95% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.12% as on March 2024
₹6872 Cr as on March 2024
State Bank Of India(4.25%), Bank Of Baroda(3.95%), 91 DTB 25042024(2.9%), 91 DTB 02052024(2.89%), Axis Bank Limited(2.88%) as on March 2024
Cash Equivalent(58.45%), Corporate(25.59%), Government(15.96%) as on March 2024
Yield to Maturity is 7.34 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.1 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Abhishek Iyer is the fund manager of Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl
The Exit load of Mirae Asset Liquid Fund Direct Plan Monthly Reinvestment of Income Dis cum Cptl Wdrl is 0.01%