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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Mirae Asset Liquid Fund - Direct Plan
|
Low to Moderate
|
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0.09 |
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|
Moderate
|
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0.21 |
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|
Low to Moderate
|
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0.11 |
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|
Low to Moderate
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0.20 |
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|
Low to Moderate
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0.15 |
₹12,395 Cr
0.01 (1)
5,000
1,000
99
5
About Mirae Asset Liquid Fund - Direct Plan
Mirae Asset Liquid Fund - Direct Plan is a debt mutual fund scheme of Mirae Asset Mutual Fund. Launched on January 01, 2013, it is currently managed by Pranavi Kulkarni. The fund has an expense ratio of 0.09% with an overall AUM (Assets Under Management) of ₹12,395 Cr.
Mirae Asset Liquid Fund - Direct Plan is mandated to invest in bonds having a maturity of up to three months. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹99.
Investment Strategy
The investment objective of the scheme is to seek to generate returns linked to short end rates like MIBOR and CBLO etc. and provide higher liquidity by investing in a portfolio of debt and money market instruments.
Suitability
Liquid funds are suitable for:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Mirae Asset Liquid Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Mirae Asset Liquid Fund - Direct Plan can be bought from the Mirae Asset Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Mirae Asset Liquid Fund - Direct Plan, is ₹2,902.9511 as of 19-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
Union Bank of India CD 15/05/2026 |
5.17
|
|
Small Industries Devp. Bank of India Ltd CD 11/03/2026 |
4.03
|
|
Reserve Bank of India T-Bills 91-D 14/05/2026 |
3.99
|
|
Punjab National Bank CD 13/03/2026 |
3.42
|
|
Reserve Bank of India T-Bills 91-D 28/05/2026 |
3.25
|
Over the past five years, Mirae Asset Liquid Fund - Direct Plan has delivered an annualised return of 6.00% as of 19-Mar-2026.
The minimum investment required to start investing in Mirae Asset Liquid Fund - Direct Plan is ₹5,000 for the lump sum option and ₹99 for the SIP (Systematic Investment Plan) option.