Previously Known As : Mirae Asset Cash Management Fund
Mirae Asset Liquid Fund Datagrid
Category Liquid Fund
BMSMONEY Rank 14
Rating
Growth Option 16-06-2026
NAV ₹2900.24(R) +0.03% ₹2953.32(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.15% 6.87% 6.09% 5.61% 6.03%
Direct 6.26% 6.99% 6.2% 5.71% 6.13%
Benchmark
SIP (XIRR) Regular 6.36% 6.68% 6.6% 6.12% 5.99%
Direct 6.46% 6.79% 6.71% 6.23% 6.1%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.93 6.76 0.69 1.07% -6.26
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
UTI Liquid Fund 5
Mahindra Manulife Liquid Fund 6
Canara Robeco Liquid Fund 7

NAV Date: 16-06-2026

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 1140.01
0.3800
0.0300%
Mirae Asset Liquid Fund - Regular Plan - Weekly IDCW 1154.17
0.3800
0.0300%
Mirae Asset Liquid Fund - Regular Plan - Monthly IDCW 1157.68
0.3800
0.0300%
Mirae Asset Liquid Fund - Direct Plan - Weekly IDCW 1217.93
0.4000
0.0300%
Mirae Asset Liquid Fund - Regular Plan - Growth 2900.24
0.9500
0.0300%
Mirae Asset Liquid Fund - Direct Plan - Growth 2953.32
0.9700
0.0300%

Review Date: 16-06-2026

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 1.07% which is higher than the category average of 0.99%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.93 which is higher than the category average of 4.75.
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 0.57%, 1.78 and 3.25 in last one, three and six months respectively. In the same period the category average return was 0.58%, 1.8% and 3.26% respectively.
  • Mirae Asset Liquid Fund has given a return of 6.26% in last one year. In the same period the Liquid Fund category average return was 6.25%.
  • The fund has given a return of 6.99% in last three years and ranked 16.0th 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 6.2% 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 6.14%.
  • The fund has given a return of 6.13% in last ten years and ranked 15th out of twenty eight funds in the category. In the same period the category average return was 6.08%.
  • The fund has given a SIP return of 6.46% in last one year whereas category average SIP return is 6.48%. The fund one year return rank in the category is 27th in 35 funds
  • The fund has SIP return of 6.79% in last three years and ranks 22nd in 33 funds. Aditya Birla Sun Life Liquid Fund has given the highest SIP return (6.88%) in the category in last three years.
  • The fund has SIP return of 6.71% in last five years whereas category average SIP return is 6.67%.

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 % 0.57
    0.57
    		0.49 | 0.60 27 | 37 Average
    3M Return % 1.75
    1.76
    		1.50 | 1.85 29 | 37 Average
    6M Return % 3.19
    3.19
    		2.88 | 3.31 26 | 37 Average
    1Y Return % 6.15
    6.11
    		5.58 | 6.29 23 | 37 Average
    3Y Return % 6.87
    6.79
    		6.24 | 6.97 19 | 35 Average
    5Y Return % 6.09
    6.00
    		5.43 | 6.16 13 | 35 Good
    7Y Return % 5.61
    5.50
    		4.98 | 5.70 10 | 34 Good
    10Y Return % 6.03
    5.97
    		5.42 | 6.13 14 | 27 Good
    15Y Return % 6.70
    6.97
    		6.43 | 7.28 21 | 22 Poor
    1Y SIP Return % 6.36
    6.34
    		5.79 | 6.54 24 | 35 Average
    3Y SIP Return % 6.68
    6.62
    		6.07 | 6.79 20 | 33 Average
    5Y SIP Return % 6.60
    6.53
    		5.96 | 6.70 17 | 33 Good
    7Y SIP Return % 6.12
    6.04
    		5.47 | 6.19 12 | 32 Good
    10Y SIP Return % 5.99
    5.95
    		5.36 | 6.06 12 | 25 Good
    15Y SIP Return % 6.29
    6.35
    		5.78 | 6.50 19 | 22 Poor
    Standard Deviation 0.20
    0.19
    		0.17 | 0.20 32 | 34 Poor
    Semi Deviation 0.16
    0.15
    		0.13 | 0.16 33 | 34 Poor
    Sharpe Ratio 4.93
    4.75
    		1.93 | 5.73 20 | 34 Average
    Sterling Ratio 0.69
    0.68
    		0.62 | 0.69 12 | 34 Good
    Sortino Ratio 6.76
    6.82
    		1.14 | 10.54 21 | 34 Average
    Jensen Alpha % 1.07
    0.99
    		0.42 | 1.17 15 | 34 Good
    Treynor Ratio -6.26
    -6.74
    		-9.23 | -6.00 7 | 34 Very Good
    Modigliani Square Measure % 9.84
    9.73
    		7.64 | 10.47 21 | 34 Average
    Alpha % -0.76
    -0.82
    		-1.42 | -0.66 14 | 34 Good
    Return data last Updated On : June 16, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.57 0.58 0.50 | 0.61 28 | 38 Average
    3M Return % 1.78 1.80 1.56 | 1.87 31 | 38 Poor
    6M Return % 3.25 3.26 2.91 | 3.36 29 | 38 Average
    1Y Return % 6.26 6.25 5.78 | 6.40 25 | 37 Average
    3Y Return % 6.99 6.93 6.51 | 7.05 16 | 35 Good
    5Y Return % 6.20 6.14 5.82 | 6.25 14 | 35 Good
    7Y Return % 5.71 5.63 5.25 | 6.01 14 | 34 Good
    10Y Return % 6.13 6.08 5.66 | 6.39 15 | 28 Average
    1Y SIP Return % 6.46 6.48 5.85 | 6.66 27 | 35 Average
    3Y SIP Return % 6.79 6.75 6.27 | 6.88 22 | 33 Average
    5Y SIP Return % 6.71 6.67 6.31 | 6.79 16 | 33 Good
    7Y SIP Return % 6.23 6.18 5.84 | 6.29 15 | 32 Good
    10Y SIP Return % 6.10 6.06 5.69 | 6.26 12 | 26 Good
    Standard Deviation 0.20 0.19 0.17 | 0.20 32 | 34 Poor
    Semi Deviation 0.16 0.15 0.13 | 0.16 33 | 34 Poor
    Sharpe Ratio 4.93 4.75 1.93 | 5.73 20 | 34 Average
    Sterling Ratio 0.69 0.68 0.62 | 0.69 12 | 34 Good
    Sortino Ratio 6.76 6.82 1.14 | 10.54 21 | 34 Average
    Jensen Alpha % 1.07 0.99 0.42 | 1.17 15 | 34 Good
    Treynor Ratio -6.26 -6.74 -9.23 | -6.00 7 | 34 Very Good
    Modigliani Square Measure % 9.84 9.73 7.64 | 10.47 21 | 34 Average
    Alpha % -0.76 -0.82 -1.42 | -0.66 14 | 34 Good
    Return data last Updated On : June 16, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 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
    16-06-2026 2900.2359 2953.3208
    15-06-2026 2899.2866 2952.3458
    12-06-2026 2897.318 2950.3163
    11-06-2026 2896.6734 2949.6516
    10-06-2026 2896.1784 2949.1393
    09-06-2026 2895.6364 2948.5791
    08-06-2026 2894.6473 2947.5637
    05-06-2026 2892.98 2945.8412
    04-06-2026 2892.1593 2944.9972
    03-06-2026 2891.4829 2944.3001
    02-06-2026 2891.0382 2943.839
    01-06-2026 2890.6546 2943.4402
    29-05-2026 2889.0127 2941.7435
    27-05-2026 2887.6549 2940.3445
    26-05-2026 2887.1207 2939.7923
    25-05-2026 2886.7917 2939.449
    22-05-2026 2885.3929 2938.0001
    21-05-2026 2884.9977 2937.5894
    20-05-2026 2884.7203 2937.2987
    19-05-2026 2884.3845 2936.9471
    18-05-2026 2883.9134 2936.4591

    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.