Previously Known As : Mirae Asset Cash Management Fund
Mirae Asset Liquid Fund Datagrid
Category Liquid Fund
BMSMONEY Rank 18
Rating
Growth Option 13-03-2026
NAV ₹2849.04(R) +0.01% ₹2900.42(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.23% 6.89% 5.89% 5.62% 6.05%
Direct 6.34% 7.0% 6.0% 5.73% 6.15%
Benchmark
SIP (XIRR) Regular 5.93% 6.65% 5.73% 5.65% 5.79%
Direct 6.03% 6.76% 5.84% 5.76% 5.89%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
5.52 8.44 0.69 1.18% -6.23
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.2% 0.0% 0.0% 0.07 0.16%
Fund AUM As on: 30/12/2025 15841 Cr
Top Liquid Fund
Fund Name Rank Rating
Bank of India Liquid Fund 1
Axis Liquid Fund 2
Dsp Liquidity Fund 3
Union Liquid Fund 4
Mahindra Manulife Liquid Fund 5
UTI Liquid Fund 6
Aditya Birla Sun Life Liquid Fund 7

NAV Date: 13-03-2026

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Liquid Fund - Regular - Daily IDCW 1066.43
0.0000
0.0000%
Mirae Asset Liquid Fund - Direct Plan -Daily IDCW 1075.83
0.0000
0.0000%
Mirae Asset Liquid Fund - Direct Plan -Monthly IDCW 1137.42
0.0800
0.0100%
Mirae Asset Liquid Fund - Regular Plan - Weekly IDCW 1152.74
0.0700
0.0100%
Mirae Asset Liquid Fund - Regular Plan - Monthly IDCW 1155.06
0.0700
0.0100%
Mirae Asset Liquid Fund - Direct Plan - Weekly IDCW 1216.41
0.0800
0.0100%
Mirae Asset Liquid Fund - Regular Plan - Growth 2849.04
0.1800
0.0100%
Mirae Asset Liquid Fund - Direct Plan - Growth 2900.42
0.1900
0.0100%

Review Date: 13-03-2026

Beginning of Analysis

Mirae Asset Liquid Fund is the 15th ranked fund in the Liquid Fund category. The category has total 33 funds. The Mirae Asset Liquid Fund has shown an average past performence in Liquid Fund. The fund has a Jensen Alpha of 1.18% which is higher than the category average of 1.1%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 5.52 which is higher than the category average of 5.33.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Liquid Mutual Funds are a category of debt mutual funds that invest in short-term money market instruments with a maturity of up to 91 days. These funds are designed to provide high liquidity and stability, making them ideal for parking surplus funds for a very short duration. Liquid Funds typically invest in instruments such as Treasury Bills (T-Bills), Commercial Papers (CPs), Certificates of Deposit (CDs), and short-term government securities.. Liquid Mutual Funds are ideal for investors seeking a safe, liquid, and low-risk investment option for short-term cash management. These funds invest in high-quality, short-term money market instruments with a maturity of up to 91 days, offering quick redemption (within 1 business day) and stable returns. While they provide better returns than savings accounts, they may underperform compared to other debt funds with longer maturities. Investors should consider their liquidity needs, risk tolerance, and investment horizon before investing in Liquid Funds. Additionally, the absence of a lock-in period makes them a flexible choice for managing short-term financial goals.

Mirae Asset Liquid Fund Return Analysis

  • The fund has given a return of 0.42%, 1.41 and 2.89 in last one, three and six months respectively. In the same period the category average return was 0.41%, 1.41% and 2.87% respectively.
  • Mirae Asset Liquid Fund has given a return of 6.34% in last one year. In the same period the Liquid Fund category average return was 6.29%.
  • The fund has given a return of 7.0% in last three years and ranked 12.0th out of thirty five funds in the category. In the same period the Liquid Fund category average return was 6.93%.
  • The fund has given a return of 6.0% in last five years and ranked 10th out of thirty four funds in the category. In the same period the Liquid Fund category average return was 5.93%.
  • The fund has given a return of 6.15% in last ten years and ranked 16th out of twenty eight funds in the category. In the same period the category average return was 6.11%.
  • The fund has given a SIP return of 6.03% in last one year whereas category average SIP return is 6.0%. The fund one year return rank in the category is 15th in 35 funds
  • The fund has SIP return of 6.76% in last three years and ranks 15th in 33 funds. Aditya Birla Sun Life Liquid Fund has given the highest SIP return (6.81%) in the category in last three years.
  • The fund has SIP return of 5.84% in last five years whereas category average SIP return is 6.35%.

Mirae Asset Liquid Fund Risk Analysis

  • The fund has a standard deviation of 0.2 and semi deviation of 0.16. The category average standard deviation is 0.19 and semi deviation is 0.15.
  • The fund has a beta of 0.06 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Liquid Fund Category
  • Good Performance in Liquid Fund Category
  • Poor Performance in Liquid Fund Category
  • Very Poor Performance in Liquid Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.41
    0.40
    		0.34 | 0.42 4 | 37 Very Good
    3M Return % 1.39
    1.38
    		1.23 | 1.43 21 | 37 Average
    6M Return % 2.84
    2.80
    		2.52 | 2.90 15 | 37 Good
    1Y Return % 6.23
    6.15
    		5.63 | 6.33 17 | 37 Good
    3Y Return % 6.89
    6.79
    		6.21 | 6.97 11 | 35 Good
    5Y Return % 5.89
    5.79
    		5.21 | 5.95 8 | 34 Very Good
    7Y Return % 5.62
    5.52
    		4.99 | 5.76 9 | 33 Very Good
    10Y Return % 6.05
    6.00
    		5.45 | 6.20 16 | 27 Average
    15Y Return % 6.68
    7.01
    		6.46 | 7.35 20 | 21 Poor
    1Y SIP Return % 5.93
    5.86
    		5.27 | 6.04 15 | 35 Good
    3Y SIP Return % 6.65
    6.57
    		6.00 | 6.74 14 | 33 Good
    5Y SIP Return % 5.73
    6.21
    		5.30 | 6.57 26 | 32 Poor
    7Y SIP Return % 5.65
    5.84
    		5.20 | 6.07 23 | 31 Average
    10Y SIP Return % 5.79
    5.86
    		5.30 | 6.00 20 | 25 Average
    15Y SIP Return % 6.13
    6.28
    		5.68 | 6.45 20 | 21 Poor
    Standard Deviation 0.20
    0.19
    		0.16 | 0.20 32 | 34 Poor
    Semi Deviation 0.16
    0.15
    		0.13 | 0.16 33 | 34 Poor
    Sharpe Ratio 5.52
    5.33
    		2.51 | 6.28 17 | 34 Good
    Sterling Ratio 0.69
    0.68
    		0.62 | 0.70 11 | 34 Good
    Sortino Ratio 8.44
    8.76
    		1.62 | 13.83 21 | 34 Average
    Jensen Alpha % 1.18
    1.10
    		0.52 | 1.27 15 | 34 Good
    Treynor Ratio -6.23
    -6.76
    		-9.68 | -6.02 7 | 34 Very Good
    Modigliani Square Measure % 10.20
    10.08
    		8.00 | 10.80 18 | 34 Good
    Alpha % -0.73
    -0.80
    		-1.41 | -0.65 12 | 34 Good
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.42 0.41 0.39 | 0.43 5 | 38 Very Good
    3M Return % 1.41 1.41 1.30 | 1.44 24 | 38 Average
    6M Return % 2.89 2.87 2.69 | 2.93 18 | 38 Good
    1Y Return % 6.34 6.29 5.85 | 6.41 17 | 37 Good
    3Y Return % 7.00 6.93 6.58 | 7.05 12 | 35 Good
    5Y Return % 6.00 5.93 5.62 | 6.08 10 | 34 Good
    7Y Return % 5.73 5.65 5.23 | 6.06 12 | 33 Good
    10Y Return % 6.15 6.11 5.69 | 6.44 16 | 28 Average
    1Y SIP Return % 6.03 6.00 5.63 | 6.10 15 | 35 Good
    3Y SIP Return % 6.76 6.71 6.32 | 6.81 15 | 33 Good
    5Y SIP Return % 5.84 6.35 5.47 | 6.64 25 | 32 Poor
    7Y SIP Return % 5.76 5.97 5.37 | 6.16 25 | 31 Poor
    10Y SIP Return % 5.89 5.98 5.65 | 6.11 21 | 26 Average
    Standard Deviation 0.20 0.19 0.16 | 0.20 32 | 34 Poor
    Semi Deviation 0.16 0.15 0.13 | 0.16 33 | 34 Poor
    Sharpe Ratio 5.52 5.33 2.51 | 6.28 17 | 34 Good
    Sterling Ratio 0.69 0.68 0.62 | 0.70 11 | 34 Good
    Sortino Ratio 8.44 8.76 1.62 | 13.83 21 | 34 Average
    Jensen Alpha % 1.18 1.10 0.52 | 1.27 15 | 34 Good
    Treynor Ratio -6.23 -6.76 -9.68 | -6.02 7 | 34 Very Good
    Modigliani Square Measure % 10.20 10.08 8.00 | 10.80 18 | 34 Good
    Alpha % -0.73 -0.80 -1.41 | -0.65 12 | 34 Good
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Mirae Asset Liquid Fund NAV Regular Growth Mirae Asset Liquid Fund NAV Direct Growth
    13-03-2026 2849.0358 2900.4159
    12-03-2026 2848.8556 2900.224
    11-03-2026 2848.5769 2899.9318
    10-03-2026 2848.1654 2899.5044
    09-03-2026 2847.653 2898.9744
    06-03-2026 2846.4329 2897.707
    05-03-2026 2846.009 2897.267
    04-03-2026 2845.6523 2896.8954
    02-03-2026 2844.8381 2896.0497
    27-02-2026 2843.5382 2894.7011
    26-02-2026 2842.9748 2894.1191
    25-02-2026 2842.5838 2893.7126
    24-02-2026 2842.2513 2893.3656
    23-02-2026 2841.8046 2892.9024
    20-02-2026 2840.4426 2891.4906
    19-02-2026 2839.9343 2890.9648
    18-02-2026 2839.4692 2890.4829
    17-02-2026 2839.119 2890.1179
    16-02-2026 2838.6572 2889.6393
    13-02-2026 2837.3357 2888.2687

    Fund Launch Date: 05/Jan/2009
    Fund Category: Liquid Fund
    Investment Objective: The investment objective of thescheme is to generate consistentreturns with a high level of liquidity in ajudicious portfolio mix comprising ofmoney market and debt instruments.The Scheme does not guarantee anyreturns
    Fund Description: Liquid Fund - An open ended Liquidscheme
    Fund Benchmark: CRISILLiquid Fund Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.