Previously Known As : Mirae Asset Cash Management Fund
Mirae Asset Liquid Fund Datagrid
Category Liquid Fund
BMSMONEY Rank 19
Rating
Growth Option 24-07-2026
NAV ₹2919.14(R) +0.03% ₹2972.88(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.2% 6.86% 6.15% 5.6% 6.02%
Direct 6.31% 6.97% 6.26% 5.71% 6.12%
Benchmark
SIP (XIRR) Regular 6.43% 6.65% 6.62% 6.15% 6.0%
Direct 6.54% 6.76% 6.73% 6.26% 6.11%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.74 6.37 0.69 0.8% 0.19
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.22% 0.0% 0.0% 0.07 0.17%
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
Invesco India Liquid Fund 4
Union Liquid Fund 5
Edelweiss Liquid Fund 6
Groww Liquid Fund 7

NAV Date: 24-07-2026

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 1134.65
-5.7400
-0.5000%
Mirae Asset Liquid Fund - Regular Plan - Monthly IDCW 1152.3
-5.7400
-0.5000%
Mirae Asset Liquid Fund - Regular Plan - Weekly IDCW 1153.1
0.2900
0.0300%
Mirae Asset Liquid Fund - Direct Plan - Weekly IDCW 1216.79
0.3100
0.0300%
Mirae Asset Liquid Fund - Regular Plan - Growth 2919.14
0.7400
0.0300%
Mirae Asset Liquid Fund - Direct Plan - Growth 2972.88
0.7700
0.0300%

Review Date: 24-07-2026

Beginning of Analysis

In the Liquid Fund category, Mirae Asset Liquid Fund is the 15th ranked fund. The category has total 33 funds. The 3 star rating shows an average past performance of the Mirae Asset Liquid Fund in Liquid Fund. The fund has a Jensen Alpha of 0.8% which is higher than the category average of -0.4%. Here the fund has shown average performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.74 which is higher than the category average of 4.27.
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 0.53%, 1.57 and 3.27 in last one, three and six months respectively. In the same period the category average return was 0.53%, -0.59% and 1.05% respectively.
  • Mirae Asset Liquid Fund has given a return of 6.31% in last one year. In the same period the Liquid Fund category average return was 3.84%.
  • The fund has given a return of 6.97% in last three years and ranked 21.0st out of thirty six funds in the category. In the same period the Liquid Fund category average return was 5.32%.
  • The fund has given a return of 6.26% in last five years and ranked 14th out of thirty five funds in the category. In the same period the Liquid Fund category average return was 5.08%.
  • The fund has given a return of 6.12% in last ten years and ranked 15th out of twenty nine funds in the category. In the same period the category average return was 5.32%.
  • The fund has given a SIP return of 6.54% in last one year whereas category average SIP return is 3.7%. The fund one year return rank in the category is 27th in 37 funds
  • The fund has SIP return of 6.76% in last three years and ranks 22nd in 34 funds. Aditya Birla Sun Life Liquid Fund has given the highest SIP return (6.87%) in the category in last three years.
  • The fund has SIP return of 6.73% in last five years whereas category average SIP return is 4.19%.

Mirae Asset Liquid Fund Risk Analysis

  • The fund has a standard deviation of 0.22 and semi deviation of 0.17. The category average standard deviation is 1.75 and semi deviation is 1.65.
  • 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 % 0.52
    0.52
    		0.43 | 0.55 29 | 41 Average
    3M Return % 1.54
    -0.68
    		-89.84 | 1.62 29 | 41 Average
    6M Return % 3.21
    0.93
    		-89.67 | 3.33 26 | 41 Average
    1Y Return % 6.20
    3.64
    		-89.37 | 6.35 23 | 38 Average
    3Y Return % 6.86
    5.19
    		-50.38 | 6.96 18 | 36 Good
    5Y Return % 6.15
    4.94
    		-33.01 | 6.23 12 | 35 Good
    7Y Return % 5.60
    4.63
    		-23.99 | 5.68 9 | 34 Very Good
    10Y Return % 6.02
    5.18
    		-15.75 | 6.10 14 | 28 Good
    15Y Return % 6.70
    6.26
    		-8.21 | 7.24 20 | 22 Poor
    1Y SIP Return % 6.43
    3.48
    		-98.98 | 6.64 24 | 36 Average
    3Y SIP Return % 6.65
    3.77
    		-89.38 | 6.77 20 | 34 Average
    5Y SIP Return % 6.62
    4.05
    		-75.75 | 6.72 17 | 33 Good
    7Y SIP Return % 6.15
    3.89
    		-63.71 | 6.22 11 | 32 Good
    10Y SIP Return % 6.00
    3.84
    		-49.15 | 6.07 13 | 26 Good
    15Y SIP Return % 6.21
    4.55
    		-31.86 | 6.48 18 | 22 Average
    Standard Deviation 0.22
    1.75
    		0.18 | 52.24 16 | 34 Good
    Semi Deviation 0.17
    1.65
    		0.14 | 50.79 33 | 34 Poor
    Max Drawdown % 0.00
    -2.65
    		-89.93 | 0.00 33 | 34 Poor
    Average Drawdown % 0.00
    2.65
    		0.00 | 89.93 34 | 34 Poor
    Sharpe Ratio 4.74
    4.27
    		-1.03 | 5.25 12 | 34 Good
    Sterling Ratio 0.69
    0.65
    		-0.50 | 0.70 18 | 34 Good
    Sortino Ratio 6.37
    6.67
    		-0.16 | 10.85 21 | 34 Average
    Jensen Alpha % 0.80
    -0.40
    		-38.83 | 0.92 20 | 34 Average
    Treynor Ratio 0.19
    0.26
    		0.10 | 1.83 29 | 34 Poor
    Modigliani Square Measure % 3.36
    3.03
    		-0.73 | 3.72 12 | 34 Good
    Alpha % -0.75
    -2.80
    		-69.11 | -0.63 19 | 34 Average
    Return data last Updated On : July 24, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 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 % 0.53 0.53 0.45 | 0.56 32 | 42 Average
    3M Return % 1.57 -0.59 -89.84 | 1.67 31 | 42 Average
    6M Return % 3.27 1.05 -89.67 | 3.38 30 | 42 Average
    1Y Return % 6.31 3.84 -89.36 | 6.46 25 | 39 Average
    3Y Return % 6.97 5.32 -50.34 | 7.04 21 | 36 Average
    5Y Return % 6.26 5.08 -32.95 | 6.31 14 | 35 Good
    7Y Return % 5.71 4.76 -23.92 | 5.99 13 | 34 Good
    10Y Return % 6.12 5.32 -15.69 | 6.36 15 | 29 Good
    1Y SIP Return % 6.54 3.70 -98.98 | 6.74 27 | 37 Average
    3Y SIP Return % 6.76 3.91 -89.35 | 6.87 22 | 34 Average
    5Y SIP Return % 6.73 4.19 -75.68 | 6.81 18 | 33 Good
    7Y SIP Return % 6.26 4.02 -63.60 | 6.32 15 | 32 Good
    10Y SIP Return % 6.11 4.04 -49.00 | 6.25 13 | 27 Good
    Standard Deviation 0.22 1.75 0.18 | 52.24 16 | 34 Good
    Semi Deviation 0.17 1.65 0.14 | 50.79 33 | 34 Poor
    Max Drawdown % 0.00 -2.65 -89.93 | 0.00 33 | 34 Poor
    Average Drawdown % 0.00 2.65 0.00 | 89.93 34 | 34 Poor
    Sharpe Ratio 4.74 4.27 -1.03 | 5.25 12 | 34 Good
    Sterling Ratio 0.69 0.65 -0.50 | 0.70 18 | 34 Good
    Sortino Ratio 6.37 6.67 -0.16 | 10.85 21 | 34 Average
    Jensen Alpha % 0.80 -0.40 -38.83 | 0.92 20 | 34 Average
    Treynor Ratio 0.19 0.26 0.10 | 1.83 29 | 34 Poor
    Modigliani Square Measure % 3.36 3.03 -0.73 | 3.72 12 | 34 Good
    Alpha % -0.75 -2.80 -69.11 | -0.63 19 | 34 Average
    Return data last Updated On : July 24, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 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
    24-07-2026 2919.1389 2972.88
    23-07-2026 2918.396 2972.1149
    22-07-2026 2917.7575 2971.4561
    21-07-2026 2917.5526 2971.2431
    20-07-2026 2917.1251 2970.8071
    17-07-2026 2915.7979 2969.4301
    16-07-2026 2914.9534 2968.5615
    15-07-2026 2914.3995 2967.9892
    14-07-2026 2914.0577 2967.6327
    13-07-2026 2914.0631 2967.6297
    10-07-2026 2912.684 2966.1997
    09-07-2026 2911.7429 2965.2328
    08-07-2026 2910.9897 2964.4573
    07-07-2026 2910.6971 2964.1508
    06-07-2026 2910.8924 2964.3412
    03-07-2026 2910.354 2963.7675
    02-07-2026 2909.853 2963.2487
    01-07-2026 2909.3166 2962.6938
    30-06-2026 2908.1218 2961.4688
    29-06-2026 2906.375 2959.6814
    25-06-2026 2904.5265 2957.7651
    24-06-2026 2903.9437 2957.1633

    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.