Mirae Asset Liquid Fund - Direct (G)


Liquid Fund
  • NAV 2676.94 (0.02%)
  • Fund Size (Cr) ₹12782.74
  • Expense Ratio 0.07
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹99
  • Minimum Withdrawal ₹1000
  • Exit Load 0.01%
  • Return Since Launch 6.72%

Basic Details

Scheme Manager
Abhishek Iyer
Bench Mark
NIFTY Liquid Index A-I
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 27-Nov-24
  • 10013.07
  • 0.13%
  • -
  • 0.10%
  • 93/377
  • 1 Month
  • 04-Nov-24
  • 10056.93
  • 0.57%
  • -
  • 0.51%
  • 54/375
  • 3 Month
  • 04-Sep-24
  • 10176.76
  • 1.77%
  • -
  • 1.61%
  • 62/375
  • 6 Month
  • 04-Jun-24
  • 10358.85
  • 3.59%
  • -
  • 3.31%
  • 46/375
  • 1 Year
  • 04-Dec-23
  • 10748.60
  • 7.49%
  • 7.49%
  • 6.99%
  • 52/371
  • 3 Year
  • 03-Dec-21
  • 12049.49
  • 20.49%
  • 6.41%
  • 6.04%
  • 52/351
  • 5 Year
  • 04-Dec-19
  • 13008.88
  • 30.09%
  • 5.40%
  • 5.08%
  • 58/334
  • Since Inception
  • 06-Jan-13
  • 21701.92
  • 117.02%
  • 6.72%
  • 6.32%
  • 171/375

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Jan-24
  • 120000
  • 124102.36
  • 3.42%
  • 3.42%
  • 3 Year
  • 02-Jan-22
  • 360000
  • 398868.25
  • 10.80%
  • 3.48%
  • 5 Year
  • 01-Jan-20
  • 600000
  • 697942.42
  • 16.32%
  • 3.07%
  • 10 Year
  • 01-Jan-15
  • 1200000
  • 1626205.06
  • 35.52%
  • 3.09%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment Type

  • Monthly Investment

  • Expected Returns Rate

    %
  • Time Period

    yrs

Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
Why Wait? Start Investing
  • Select Scheme

  • Investment Type

  • Monthly Investment

  • Time Period


Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
* The calculator shows annualized returns.
Why Wait? Start Investing

Risk Ratios

  • Standard Deviation
    0.12%
  • Beta
    0.01%
  • Sharpe Ratio
    -1.13%
  • Treynor’s Ratio
    21.31%
  • Jension’s Alpha
    -0.50%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • Power Fin.Corpn.
  • 1.15%
  • 17500000
  • 175.00
  • Corporate Debts
  • Debt Others
  • REC Ltd
  • 0.33%
  • 5000000
  • 50.00
  • Corporate Debts
  • Debt Others
  • Maharashtra 2025
  • 1.08%
  • 16500000
  • 164.69
  • Govt. Securities
  • Govt. Securities
  • TBILL-91D
  • 1.93%
  • 30000000
  • 295.36
  • T Bills
  • T Bills
  • TBILL-91D
  • 1.53%
  • 23500000
  • 234.23
  • T Bills
  • T Bills
  • TBILL-364D
  • 1.47%
  • 22500000
  • 224.80
  • T Bills
  • T Bills
  • TBILL-182D
  • 1.47%
  • 22500000
  • 224.77
  • T Bills
  • T Bills
  • TBILL-91D
  • 1.31%
  • 20000000
  • 199.58
  • T Bills
  • T Bills
  • TBILL-364D
  • 1.31%
  • 20000000
  • 199.58
  • T Bills
  • T Bills
  • TBILL-182D
  • 1.30%
  • 20000000
  • 199.34
  • T Bills
  • T Bills

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Mirae Asset Liquid Fund - Direct (G)
  • Stars
  • 12782.74
  • 0.57%
  • 1.77%
  • 3.59%
  • 7.49%
  • 6.41%
  • Bandhan Liquid Fund - Direct (IDCW-D)
  • Stars
  • 13348.48
  • 0.66%
  • 2.13%
  • 4.50%
  • 9.72%
  • 8.33%
  • TRUSTMF Liquid Fund - Direct (IDCW-D) RI
  • Stars
  • 252.42
  • 0.77%
  • 2.29%
  • 4.68%
  • 9.69%
  • 8.48%
  • Aditya Birla SL Liquid Fund - Direct (IDCW-W)
  • Stars
  • 48377.19
  • 0.57%
  • 1.77%
  • 3.60%
  • 9.08%
  • 6.30%
  • TRUSTMF Liquid Fund - Direct (IDCW-W)
  • Stars
  • 252.42
  • 0.60%
  • 1.84%
  • 3.85%
  • 8.30%
  • 7.49%
  • UTI-Liquid Fund - Direct (IDCW-F)
  • Stars
  • 28665.46
  • 0.57%
  • 1.77%
  • 3.57%
  • 8.17%
  • 6.41%

News

  • Mirae Asset Mutual Fund announces change in Exit Load Structure Mirae Asset Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 30 October 2024

    Change in Exit Load:

    Name of the Scheme Existing Load Structure Revised Load Structure
    ' Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund
    ' Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund
    ' Mirae Asset Nifty India Manufacturing ETF Fund of Fund
    ' Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund
    ' if redeemed within 3 months from the date of allotment: 0.05%,
    ' if redeemed after 3 months from date of allotment: Nil
    ' if redeemed or switched out within 15 days from the date of allotment: 0.05%,
    ' if redeemed or switched out after 15 days from date of allotment: Nil
    ' Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund ' if redeemed or switched out within 5 calendar days from the date of allotment: 0.05%,
    ' if redeemed or switched out after 5 days from date of allotment: Nil
    ' if redeemed or switched out within 15 days from the date of allotment: 0.05%,
    ' if redeemed or switched out after 15 days from date of allotment: Nil

    Powered by Capital Market - Live News

  • Mirae Asset MF announces change in Fund Manager of the following scheme Mirae Asset Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 01 November 2024

    Change in Fund Managers of the Schemes:

    Scheme Name Existing Fund Manager Proposed Fund Manager(s)
    Mirae Asset Liquid Fund Mr. Abhishek Iyer Mr. Abhishek Iyer &
    Mr. Amit (Modani)

    Powered by Capital Market - Live News

  • Mirae Asset MF announces change in scheme name Mirae Asset Mutual Fund has announced change in scheme name under the following schemes, With effect from 23 October 2024

    Change in the name of the Scheme:

    Name of the Scheme Revised Name of the Scheme
    Mirae Asset Nifty 1D Rate Liquid ETF Mirae Asset Nifty 1D Rate Liquid ETF-IDCW

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 01-Jan-2013
  • Total AUM (Cr) ₹15275.43

Mirae Asset Liquid Fund - Direct (G) is an Liquid Fund-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in Jan 2013, this fund is managed by Abhishek Iyer. With assets under management (AUM) worth ₹15275.43 (Cr), as of 05-Dec-2024, Mirae Asset Liquid Fund - Direct (G) is categorized as a Liquid Fund within its segment. The fund has generated a return of 6.72% since its launch.
The current NAV of Mirae Asset Liquid Fund - Direct (G) is ₹2676.94, as on 05-Dec-2024. The fund’s benchmark index is NIFTY Liquid Index A-I. You can invest in Mirae Asset Liquid Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
0.0070% - If redemption/switch out within 1 days from the date of allotment. 0.0065% - If redemption/switch out within 2 days from the date of allotment. 0.0060% - If redemption/switch out within 3 days from the date of allotment. 0.0055% - If redemption/switch out within 4 days from the date of allotment. 0.0050% - If redemption/switch out within 5 days from the date of allotment. 0.0045% - If redemption/switch out within 6 days from the date of allotment. Nil - If redemption/switch out within 7 days from the date of allotment.
The fund has generated 6.41% and 5.40% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 100.99% in Debt and -0.99% in cash and cash equivalents

FAQs on Mirae Asset Liquid Fund - Direct (G)

Mirae Asset Liquid Fund - Direct (G) is a popular fund in the Liquid Fund segment. The fund has generated a return of 6.72% since inception. Looking to invest in Mirae Asset Liquid Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Liquid Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Mirae Asset Liquid Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset Liquid Fund - Direct (G) today and reap the benefits of this Liquid Fund fund!

In the short term, i.e., 1 year, Mirae Asset Liquid Fund - Direct (G) has generated annualised return of 7.49%. In the long-term, the fund has generated 6.41% and 5.40% in 3 and 5 years respectively. Since its inception, the fund has generated 6.72% returns.

The expense ratio of Mirae Asset Liquid Fund - Direct (G) Direct Growth is 0.07%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Mirae Asset Liquid Fund - Direct (G) is ₹15275.43 (Cr) as of 05 December 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Mirae Asset Liquid Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mirae Asset Liquid Fund - Direct (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Mirae Asset Liquid Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Mirae Asset Liquid Fund - Direct (G). Minimum lumpsum investment Mirae Asset Liquid Fund - Direct (G) is ₹5000 and minimum SIP amount is ₹99. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Mirae Asset Liquid Fund - Direct (G) is ₹2676.94 as on 05 December 2024.

The 5 biggest stock holdings of Mirae Asset Liquid Fund - Direct (G) are:
Power Fin.Corpn. (1.15%), REC Ltd (0.33%), Maharashtra 2025 (1.08%), TBILL-91D (1.93%), TBILL-91D (1.53%)

Power your investments with our smart trading platforms

mobilefooterimg
  • app_download_icon_img
    10 million+
    App downloads
  • 1_Click_icon_img
    1-Click
    Order Placement
  • higherreturns_icon_img
    2,203 Crore+
    Average Daily Turnover