Previously Known As : Mirae Asset Cash Management Fund
Mirae Asset Liquid Fund Datagrid
Category Liquid Fund
BMSMONEY Rank 15
Rating
Growth Option 12-12-2025
NAV ₹2808.87(R) +0.02% ₹2858.78(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.54% 6.96% 5.75% 5.68% 6.09%
Direct 6.65% 7.08% 5.86% 5.78% 6.19%
Benchmark
SIP (XIRR) Regular 6.19% 6.82% 6.47% 6.0% 5.96%
Direct 6.31% 6.93% 6.58% 6.1% 6.06%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
6.52 20.98 0.7 6.05% 0.19
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.19% 0.0% 0.0% 0.06 0.14%
Fund AUM As on: 30/06/2025 13572 Cr
Top Liquid Fund
Fund Name Rank Rating
Bank of India Liquid Fund 1
Axis Liquid Fund 2
Union Liquid Fund 3
Canara Robeco Liquid Fund 4
Edelweiss Liquid Fund 5
Aditya Birla Sun Life Liquid Fund 6
Invesco India Liquid Fund 7

NAV Date: 12-12-2025

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 1137.86
0.1800
0.0200%
Mirae Asset Liquid Fund - Regular Plan - Weekly IDCW 1152.89
0.1800
0.0200%
Mirae Asset Liquid Fund - Regular Plan - Monthly IDCW 1155.51
0.1800
0.0200%
Mirae Asset Liquid Fund - Direct Plan - Weekly IDCW 1216.57
0.1900
0.0200%
Mirae Asset Liquid Fund - Regular Plan - Growth 2808.87
0.4400
0.0200%
Mirae Asset Liquid Fund - Direct Plan - Growth 2858.78
0.4600
0.0200%

Review Date: 12-12-2025

Beginning of Analysis

Mirae Asset Liquid Fund is the 15th ranked fund in the Liquid Fund category. 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 6.05% which is higher than the category average of 5.98%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 6.52 which is higher than the category average of 6.22.
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 0.47%, 1.46 and 2.92 in last one, three and six months respectively. In the same period the category average return was 0.46%, 1.45% and 2.9% respectively.
  • Mirae Asset Liquid Fund has given a return of 6.65% in last one year. In the same period the Liquid Fund category average return was 6.59%.
  • The fund has given a return of 7.08% in last three years and ranked 9.0th out of 34 funds in the category. In the same period the Liquid Fund category average return was 7.0%.
  • The fund has given a return of 5.86% in last five years and ranked 8th out of 33 funds in the category. In the same period the Liquid Fund category average return was 5.79%.
  • The fund has given a return of 6.19% in last ten years and ranked 16th out of 26 funds in the category. In the same period the category average return was 6.17%.
  • The fund has given a SIP return of 6.31% in last one year whereas category average SIP return is 6.25%. The fund one year return rank in the category is 12th in 35 funds
  • The fund has SIP return of 6.93% in last three years and ranks 12th in 34 funds. Aditya Birla Sun Life Liquid Fund has given the highest SIP return (6.97%) in the category in last three years.
  • The fund has SIP return of 6.58% in last five years whereas category average SIP return is 6.51%.

Mirae Asset Liquid Fund Risk Analysis

  • The fund has a standard deviation of 0.19 and semi deviation of 0.14. The category average standard deviation is 0.18 and semi deviation is 0.14.
  • 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 % 0.46
    0.45
    		0.41 | 0.47 3 | 35 Very Good
    3M Return % 1.44
    1.41
    		1.28 | 1.45 9 | 35 Very Good
    6M Return % 2.86
    2.83
    		2.56 | 2.90 14 | 35 Good
    1Y Return % 6.54
    6.45
    		5.93 | 6.61 14 | 35 Good
    3Y Return % 6.96
    6.86
    		6.28 | 7.03 10 | 34 Good
    5Y Return % 5.75
    5.66
    		5.06 | 5.80 8 | 33 Very Good
    7Y Return % 5.68
    5.60
    		5.05 | 5.83 8 | 30 Very Good
    10Y Return % 6.09
    6.06
    		5.50 | 6.26 16 | 25 Average
    15Y Return % 6.68
    7.05
    		6.50 | 7.42 20 | 21 Poor
    1Y SIP Return % 6.19
    6.11
    		5.57 | 6.25 15 | 35 Good
    3Y SIP Return % 6.82
    6.72
    		6.17 | 6.89 12 | 34 Good
    5Y SIP Return % 6.47
    6.37
    		5.80 | 6.54 10 | 33 Good
    7Y SIP Return % 6.00
    5.92
    		5.34 | 6.04 7 | 30 Very Good
    10Y SIP Return % 5.96
    5.89
    		5.32 | 6.01 8 | 25 Good
    15Y SIP Return % 6.31
    6.41
    		5.83 | 6.62 20 | 21 Poor
    Standard Deviation 0.19
    0.18
    		0.14 | 0.19 23 | 33 Average
    Semi Deviation 0.14
    0.14
    		0.11 | 0.14 25 | 33 Average
    Sharpe Ratio 6.52
    6.22
    		3.24 | 7.11 13 | 33 Good
    Sterling Ratio 0.70
    0.69
    		0.63 | 0.70 12 | 33 Good
    Sortino Ratio 20.98
    17.98
    		2.60 | 27.63 12 | 33 Good
    Jensen Alpha % 6.05
    5.98
    		5.41 | 6.14 15 | 33 Good
    Treynor Ratio 0.19
    0.19
    		0.10 | 0.26 19 | 33 Average
    Modigliani Square Measure % 24.82
    25.24
    		23.51 | 31.76 20 | 33 Average
    Alpha % -0.74
    -0.82
    		-1.43 | -0.69 9 | 33 Very Good
    Return data last Updated On : Dec. 12, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 28, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.47 0.46 0.45 | 0.47 2 | 35 Very Good
    3M Return % 1.46 1.45 1.37 | 1.47 11 | 35 Good
    6M Return % 2.92 2.90 2.75 | 2.95 14 | 35 Good
    1Y Return % 6.65 6.59 6.20 | 6.71 13 | 35 Good
    3Y Return % 7.08 7.00 6.66 | 7.12 9 | 34 Very Good
    5Y Return % 5.86 5.79 5.48 | 6.00 8 | 33 Very Good
    7Y Return % 5.78 5.73 5.37 | 6.13 11 | 30 Good
    10Y Return % 6.19 6.17 5.73 | 6.50 16 | 26 Average
    1Y SIP Return % 6.31 6.25 5.89 | 6.35 12 | 35 Good
    3Y SIP Return % 6.93 6.86 6.50 | 6.97 13 | 34 Good
    5Y SIP Return % 6.58 6.51 6.19 | 6.62 9 | 33 Very Good
    7Y SIP Return % 6.10 6.05 5.76 | 6.24 10 | 30 Good
    10Y SIP Return % 6.06 6.01 5.67 | 6.29 9 | 26 Good
    Standard Deviation 0.19 0.18 0.14 | 0.19 23 | 33 Average
    Semi Deviation 0.14 0.14 0.11 | 0.14 25 | 33 Average
    Sharpe Ratio 6.52 6.22 3.24 | 7.11 13 | 33 Good
    Sterling Ratio 0.70 0.69 0.63 | 0.70 12 | 33 Good
    Sortino Ratio 20.98 17.98 2.60 | 27.63 12 | 33 Good
    Jensen Alpha % 6.05 5.98 5.41 | 6.14 15 | 33 Good
    Treynor Ratio 0.19 0.19 0.10 | 0.26 19 | 33 Average
    Modigliani Square Measure % 24.82 25.24 23.51 | 31.76 20 | 33 Average
    Alpha % -0.74 -0.82 -1.43 | -0.69 9 | 33 Very Good
    Return data last Updated On : Dec. 12, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 28, 2025
    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
    12-12-2025 2808.8689 2858.7804
    11-12-2025 2808.4295 2858.3253
    10-12-2025 2808.0441 2857.925
    09-12-2025 2807.7434 2857.611
    08-12-2025 2807.4139 2857.2677
    05-12-2025 2806.1442 2855.9513
    04-12-2025 2805.2887 2855.0726
    03-12-2025 2804.9184 2854.6877
    02-12-2025 2804.5355 2854.29
    01-12-2025 2804.1085 2853.8475
    28-11-2025 2802.8792 2852.5727
    27-11-2025 2802.4646 2852.143
    26-11-2025 2802.0401 2851.703
    25-11-2025 2801.5747 2851.2214
    24-11-2025 2801.1079 2850.7384
    21-11-2025 2799.8468 2849.4314
    20-11-2025 2799.4218 2848.9911
    19-11-2025 2799.0054 2848.5587
    18-11-2025 2798.5465 2848.0839
    17-11-2025 2798.0953 2847.6167
    14-11-2025 2796.7885 2846.2633
    13-11-2025 2796.3539 2845.8131
    12-11-2025 2795.896 2845.3392

    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.