Mirae Asset Liquid Fund Direct Growth
Get the latest NAV of Mirae Asset Liquid Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹2761.05
NAV as on 12 May 2025
6.75%/per year
Since Inception
▲▼
697 people have invested ₹ 7.1Cr in Mirae Asset Liquid Fund Direct Growth in the last three months
Fund Performance
as on (12-May-25)
Peer comparison
Mirae Asset Liquid Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Liquid Fund Asset Allocation
as on (31-Dec-69)
Fund Distribution
as on (31-Dec-69)
Debt & Cash 99.8%
Mirae Asset Liquid Fund Sector Allocation
as on (31-Dec-69)
Sector Allocation
Debt & Cash 99.8%
Top 2 Sectors in March were Corporate, Government
Corporate
17%
Government
2%
Corporate
25%
Mirae Asset Liquid Fund Holdings Details
as on (30-Apr-25)
Debt & Cash
Mirae Asset Liquid Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| 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 |
About Mirae Asset Liquid Fund
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 7.36%, 6.96% and 5.56% 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.
Fund Manager
Amit Modani
Fund Manager of Mirae Asset Liquid Fund Direct Growth, since 1 November 2024
- 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
Frequently Asked Questions for Mirae Asset Liquid Fund Direct Growth
What is the current NAV of Mirae Asset Liquid Fund Direct Growth?
What are the average returns of Mirae Asset Liquid Fund Direct Growth?
Mirae Asset Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.49% | 0.49% |
6 Month Returns | 3.59% | 3.59% |
1 Year Returns | 7.36% | 7.36% |
3 Years Returns | 22.38% | 6.96% |
How do I invest in Mirae Asset Liquid Fund Direct Growth?
- 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.
What is the expense ratio of Mirae Asset Liquid Fund Direct Growth?
What is net assets under management (AUM) of Mirae Asset Liquid Fund Direct Growth?
What are the top 5 holdings of Mirae Asset Liquid Fund Direct Growth?
What is the yield to maturity ratio of Mirae Asset Liquid Fund Direct Growth?
What is the modified duration of Mirae Asset Liquid Fund Direct Growth?
What is the credit rating breakup of Mirae Asset Liquid Fund Direct Growth?
AAA | 100 |