Mirae Asset Liquid Fund - Direct Plan
Returns
Risk
This fund has Low to Moderate risk.
As per SEBI's Riskometer.
Portfolio of Mirae Asset Liquid Fund - Direct Plan
Asset Allocation
Split between different types of investments
Credit Rating Weightage
Split between categories of Equity investments
Peer Comparison
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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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0.11 |
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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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|
Moderate
|
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0.22 |
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|
Low to Moderate
|
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0.17 |
Other details of Mirae Asset Liquid Fund - Direct Plan
Assets
₹13,590 Cr
Exit Load (Days)
0.01 (1)
Min. Investment (₹)
5,000
Min. Withdrawal (₹)
1,000
Min. SIP Investment (₹)
99
Min. No of Cheques
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 0.11% with an overall AUM (Assets Under Management) of ₹13,590 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:
- Parking emergency corpus or idle money for capital preservation
- Earning slightly higher returns than savings bank account, with low volatility
- Investment horizon of up to 1 year
Note:
- There is no guarantee of returns
- Not suitable for long-term wealth creation
Capital Gains Taxation
- If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
- If investment is made before 1 April 2023:
- Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
- Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
- No tax is to be paid as long as you continue to hold the units.
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
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on Mirae Asset Liquid Fund - Direct Plan
FAQ for Mirae Asset Liquid Fund - Direct Plan
How to Invest in Mirae Asset Liquid Fund - Direct Plan?
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.
What is the current NAV of Mirae Asset Liquid Fund - Direct Plan Today?
The latest declared NAV of Mirae Asset Liquid Fund - Direct Plan, is ₹2,936.4591 as of 19-May-2026.
What are the top holdings of Mirae Asset Liquid Fund - Direct Plan?
| Company | Percentage of Portfolio |
|---|---|
|
Reserve Bank of India T-Bills 91-D 11/06/2026 |
4.39
|
|
Reserve Bank of India T-Bills 91-D 14/05/2026 |
3.67
|
|
Indian Bank CD 19/06/2026 |
2.55
|
|
ICICI Securities Ltd CP 91-D 04/06/2026 |
2.19
|
|
Bank Of Baroda CD 17/06/2026 |
2.19
|
What is the return of Mirae Asset Liquid Fund - Direct Plan in the last 5 years?
Over the past five years, Mirae Asset Liquid Fund - Direct Plan has delivered an annualised return of 6.13% as of 19-May-2026.
What is the minimum investment required in Mirae Asset Liquid Fund - Direct Plan?
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.



