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.
₹2842.59
NAV as on 06 Nov 2025
6.72%/per year
Since Inception
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998 people have invested ₹ 13.2Cr in Mirae Asset Liquid Fund Direct Growth in the last three months
Mirae Asset Liquid Fund Performance vs. Liquid Index
Fund returns vs Benchmark returns vs Category Average returns as on (06-Nov-25)
The fund has consistently outperformed the benchmark (Liquid Index) over the last 1Y, 3Y, 5Y time periods.
Mirae Asset Liquid Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 7 out of 23 mutual funds in the liquid category as per INDmoney.
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
See fund asset allocation details as on (14-Oct-25)
Fund Distribution
as on (14-Oct-25)
Mirae Asset Liquid Fund Sector Allocation
See fund sector allocation details as on (14-Oct-25)
Sector Allocation
Top 2 Sectors in September were Corporate, Government
Corporate
23%
Government
4%
Corporate
20%
Government
4%
Mirae Asset Liquid Fund Holdings Details
as on (31-Oct-25)
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 | ₹11368 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 0.0% |
| Lock In | No Lock-in |
TurnOver | 503.3% |
| Risk |   Low to Moderate Risk |
About Mirae Asset Liquid Fund
Mirae Asset Liquid Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Mahendra Jajoo. This fund gives you the benefit of diversification.
Key Parameters
- Mirae Asset Liquid Fund Direct Growth has ₹11368 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Mirae Asset Liquid Fund Direct Growth has given a CAGR return of 6.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.77%, 7.10% and 5.81% respectively.
Holdings
Mirae Asset Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government.
Taxation
As it is a liquid mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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
Mahendra Jajoo
Fund Manager of Mirae Asset Liquid Fund Direct Growth, since 22 September 2025
- AUM of the fund stands at 11.4K Cr as of Sep'25
- AUM decreased by 2.4K Cr between Sep'25 and Aug'25
Frequently Asked Questions for Mirae Asset Liquid Fund Direct Growth
How do I invest in Mirae Asset Liquid Fund?
- Download the INDmoney app.
- Search for ‘Mirae Asset Liquid Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.