Previously Known As : Mirae Asset Cash Management Fund
Mirae Asset Liquid Fund Datagrid
Category Liquid Fund
BMSMONEY Rank 19
Rating
Growth Option 09-09-2026
NAV ₹2943.69(R) +0.02% ₹2998.29(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.35% 6.84% 6.24% 5.62% 6.02%
Direct 6.46% 6.95% 6.35% 5.72% 6.12%
Benchmark
SIP (XIRR) Regular 6.53% 6.63% 6.65% 6.19% 6.02%
Direct 6.62% 6.74% 6.76% 6.3% 6.12%
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: 09-09-2026

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 1138.26
0.2100
0.0200%
Mirae Asset Liquid Fund - Regular Plan - Weekly IDCW 1152.55
-1.2500
-0.1100%
Mirae Asset Liquid Fund - Regular Plan - Monthly IDCW 1155.92
0.2100
0.0200%
Mirae Asset Liquid Fund - Direct Plan - Weekly IDCW 1216.21
-1.3400
-0.1100%
Mirae Asset Liquid Fund - Regular Plan - Growth 2943.69
0.5400
0.0200%
Mirae Asset Liquid Fund - Direct Plan - Growth 2998.29
0.5600
0.0200%

Review Date: 09-09-2026

Beginning of Analysis

In the Liquid Fund category, Mirae Asset Liquid Fund is the 15th ranked fund. The category has total 33 funds. The Mirae Asset Liquid Fund has shown an average past performence 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 0.54%, 1.69 and 3.43 in last one, three and six months respectively. In the same period the category average return was 0.53%, -0.61% and 1.1% respectively.
  • Mirae Asset Liquid Fund has given a return of 6.46% in last one year. In the same period the Liquid Fund category average return was 3.87%.
  • The fund has given a return of 6.95% in last three years and ranked 19.0th out of thirty four funds in the category. In the same period the Liquid Fund category average return was 5.23%.
  • The fund has given a return of 6.35% in last five years and ranked 14th out of thirty three funds in the category. In the same period the Liquid Fund category average return was 5.12%.
  • The fund has given a return of 6.12% in last ten years and ranked 15th out of twenty eight funds in the category. In the same period the category average return was 5.3%.
  • The fund has given a SIP return of 6.62% in last one year whereas category average SIP return is 3.62%. The fund one year return rank in the category is 28th in 34 funds
  • The fund has SIP return of 6.74% in last three years and ranks 21st in 31 funds. Aditya Birla Sun Life Liquid Fund has given the highest SIP return (6.85%) in the category in last three years.
  • The fund has SIP return of 6.76% in last five years whereas category average SIP return is 4.11%.

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 % 0.53
    0.52
    		0.42 | 0.55 11 | 40 Good
    3M Return % 1.66
    -0.65
    		-89.83 | 1.71 26 | 40 Average
    6M Return % 3.37
    1.02
    		-89.65 | 3.49 27 | 40 Average
    1Y Return % 6.35
    3.71
    		-89.35 | 6.50 23 | 37 Average
    3Y Return % 6.84
    5.13
    		-50.39 | 6.94 18 | 35 Good
    5Y Return % 6.24
    5.01
    		-32.95 | 6.33 11 | 34 Good
    7Y Return % 5.62
    4.63
    		-23.98 | 5.68 9 | 33 Very Good
    10Y Return % 6.02
    5.18
    		-15.76 | 6.09 14 | 28 Good
    15Y Return % 6.69
    6.24
    		-8.23 | 7.21 20 | 22 Poor
    1Y SIP Return % 6.53
    3.55
    		-96.23 | 6.72 25 | 35 Average
    3Y SIP Return % 6.63
    3.81
    		-85.06 | 6.75 19 | 33 Average
    5Y SIP Return % 6.65
    4.13
    		-71.98 | 6.75 17 | 32 Average
    7Y SIP Return % 6.19
    3.96
    		-60.80 | 6.27 11 | 31 Good
    10Y SIP Return % 6.02
    3.92
    		-47.33 | 6.08 12 | 26 Good
    15Y SIP Return % 6.28
    4.62
    		-31.08 | 6.46 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 : Sept. 9, 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

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.54 0.53 0.42 | 0.56 18 | 40 Good
    3M Return % 1.69 -0.61 -89.83 | 1.74 27 | 40 Average
    6M Return % 3.43 1.10 -89.65 | 3.54 32 | 40 Poor
    1Y Return % 6.46 3.87 -89.34 | 6.61 27 | 37 Average
    3Y Return % 6.95 5.23 -50.35 | 7.02 19 | 34 Average
    5Y Return % 6.35 5.12 -32.89 | 6.41 14 | 33 Good
    7Y Return % 5.72 4.74 -23.91 | 5.97 13 | 32 Good
    10Y Return % 6.12 5.30 -15.69 | 6.35 15 | 28 Average
    1Y SIP Return % 6.62 3.62 -96.22 | 6.81 28 | 34 Poor
    3Y SIP Return % 6.74 3.78 -85.03 | 6.85 21 | 31 Average
    5Y SIP Return % 6.76 4.11 -71.91 | 6.84 15 | 30 Good
    7Y SIP Return % 6.30 3.95 -60.70 | 6.36 12 | 29 Good
    10Y SIP Return % 6.12 3.97 -47.18 | 6.26 13 | 25 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 : Sept. 9, 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
    09-09-2026 2943.6904 2998.2909
    08-09-2026 2943.1487 2997.7305
    07-09-2026 2942.7586 2997.3245
    04-09-2026 2941.593 2996.1114
    03-09-2026 2940.9936 2995.4923
    02-09-2026 2939.9631 2994.4341
    01-09-2026 2939.0066 2993.4511
    31-08-2026 2938.2491 2992.671
    28-08-2026 2936.7359 2991.1039
    27-08-2026 2936.1766 2990.5256
    26-08-2026 2935.552 2989.8809
    25-08-2026 2935.0677 2989.3789
    24-08-2026 2934.5034 2988.7956
    21-08-2026 2932.9932 2987.2316
    20-08-2026 2932.6243 2986.8473
    19-08-2026 2932.3113 2986.5199
    18-08-2026 2931.8219 2986.0128
    17-08-2026 2931.408 2985.5826
    14-08-2026 2930.0025 2984.1253
    13-08-2026 2929.4983 2983.6032
    12-08-2026 2928.8922 2982.9772
    11-08-2026 2928.5745 2982.645
    10-08-2026 2928.0807 2982.1335

    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.