Historical NAV & Returns
About Mirae Asset Liquid Fund Direct Growth
Mirae Asset Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Amit Modani. This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Liquid Fund Direct Growth has ₹12344 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.
Returns
Mirae Asset Liquid Fund Direct Growth has given a CAGR return of 6.75% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.39%, 6.93% and 5.55% respectively.
Holdings
Mirae Asset Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are 91 Days Tbill, 91 Days Tbill Red 12-06-2025, 182 DTB 29052025, Canara Bank, HDFC Bank Ltd. ** #
Taxation
As it is a liquid mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Mirae Asset Liquid Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Liquid Fund Direct Growth has no lock in period.
Mirae Asset Liquid Fund Direct Growth Overview
| Expense ratio | 0.09% |
Benchmark | Nifty Liquid TR INR |
| AUM | ₹12344 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 0.0% |
| Lock In | No Lock-in |
TurnOver | 240.16% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 12.3K Cr as of Mar'25
- AUM decreased by 386.7 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 Days Tbill | 5.15% | 7.7% | |
91 Days Tbill Red 12-06-2025 | 3.3% | 100% | |
182 DTB 29052025 | 3.12% | 0% | |
Canara Bank | 3.12% | 30.8% | |
HDFC Bank Ltd. ** # | 2.2% | 100% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Mirae Asset Liquid Fund Direct Growth | 7.39% | 6.93% | 5.55% | 6.75% |
 Sundaram Liquid Fund -Direct Plan - Growth Option | 7.44% | 6.93% | 5.49% | 6.06% |
 Aditya Birla Sun Life Liquid Direct Plan Growth | 7.43% | 6.95% | 5.58% | 6.95% |
 Axis Liquid Fund Direct Plan Growth Option | 7.43% | 6.93% | 5.54% | 6.91% |
Mutual Fund Insights
Mirae Asset Liquid Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹12344 Cr
Expense Ratio 0.09%
Frequently Asked Questions for Mirae Asset Liquid Fund Direct Growth
Mirae Asset Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.62% | 0.62% |
6 Month Returns | 3.66% | 3.66% |
1 Year Returns | 7.39% | 7.39% |
3 Years Returns | 22.26% | 6.93% |
- 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.
AAA | 100 |