Sharpe ratio
-5.40Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.49%1Y Absolute Return
+0.04%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Mirae Asset Liquid Fund - Direct Plan - GrowthFund 5Y annualised return | ₹8,55,922 | ₹7,32,612 | ₹1,23,310 | +6.45% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age13.9 yrs
Fund information
Scheme code118859
ISININF769K01CM1
BenchmarkNIFTY Liquid Index A-I
CategoryDebt Scheme - Liquid Fund
Expense ratio0.09%
Exit loadExit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Minimum SIP₹99 SIP
Return comparison
54th / 360 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +6.75% | — | — |
| 3M | +6.28% | — | — |
| 6M | +6.57% | — | — |
| 1Y | +6.49% | — | -3.10% |
| 3Y | +6.90% | — | -0.91% |
| 5Y | +6.45% | — | -1.97% |
| 10Y | +6.11% | — | — |
| Since Launch | +6.70% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-39.95Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
0.17%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
41.56How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio116%
Debt116.15%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 86 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| UNION BANK OF INDIA CD 24SEP26 | Financial | Certificate of Deposit | 6.2881% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 07SEP26 | Financial | Commercial Paper | 5.853% |
| 91 DAYS T-BILL - 24SEP2026 | Financial | Treasury Bills | 5.8528% |
| 91 Days Tbill (MD 17/09/2026) | Financial | Treasury Bills | 5.4078% |
| GOVERNMENT OF INDIA 37435 091 DAYS TBILL 13AG26 FV RS 100 | Financial | Treasury Bills | 4.7552% |
| BANK OF BARODA CD 04SEP26 | Financial | Certificate of Deposit | 4.2815% |
| HDFC BANK LIMITED CD 10SEP26 | Financial | Certificate of Deposit | 3.8258% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC | Financial | Debenture | 3.291% |
| Bank of Baroda (MD 24/07/2026)**# | Financial | Certificate of Deposit | 2.7233% |
| THE KARUR VYSYA BANK LIMITED CD 18SEP26 | Financial | Certificate of Deposit | 2.2469% |
Fund management
PR
Pranavi Kulkarni
Since 2026 · Prior to joining Mirae Asset Mutual Fund, she has worked with Edelweiss Mutual Fund, CRISIL Ltd. and Yes Bank.
Ms. Kulkarni is a BE Computer Science, MBA Finance
Compare similar funds
No comparable category funds are available yet.
Summary
A low to moderate-risk debt scheme - liquid fund. NAV has been stable for its category — worst fall -0.16% with 0.2% volatility.
Strengths
- NAV has been stable for its category — worst fall -0.16% with 0.2% volatility.
- Ranks 54 of 360 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for a few days to 3 months and emergency or idle cash.
Risk drivers
- None