MIRAE ASSET
LIQUID FUND* (formerly known as Mirae Asset Cash Management Fund)
(Liquid Fund - An open ended liquid scheme)
A relatively low interest rate risk and moderate credit risk
| Type of Scheme | Liquid Fund - An open ended Liquid scheme A relatively low interest rate risk and moderate credit risk |
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| Investment Objective | The investment objective of the scheme is to generate consistent returns with a high level of liquidity in a judicious portfolio mix comprising of money market and debt instruments. The Scheme does not guarantee any returns |
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Fund Manager** |
Mr. Abhishek Iyer (since December 28, 2020) Allotment Date |
12th January, 2009 Benchmark Index |
NIFTY Liquid Index B-I Minimum Investment |
Amount ₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) Monthly and Quarterly: ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly / Quarterly option. Load Structure |
Entry load: NA Exit load:  Plans Available |
Regular Plan and Direct Plan Options Available |
Growth Option and IDCW Option (Payout & Re-investment) Monthly Average AUM (₹ Cr.) as on February 29, 2024 |
11,615.04 Net AUM (₹ Cr.) |
12,260.63 Monthly Total Expense Ratio |
(Including Statutory Levies) as on February 29, 2024 Regular Plan: 0.23% Direct Plan: 0.12% **For experience of Fund Managers Click Here |
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| NAV: | Direct | Regular |
| Growth | ₹ 2,533.7416 | ₹ 2,494.1805 |
| Daily IDCW | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW | ₹ 1,216.4665 | ₹ 1,152.8001 |
| Monthly IDCW | ₹ 1,135.3726 | ₹ 1,153.0918 |
| Average Maturity | 37.47 Days |
| Modified Duration | 0.10 Yrs |
| Macaulay Duration | 0.10 Yrs |
| Annualized Portfolio YTM* | 7.34% |
*In case of semi annual YTM, it will be annualized.
| Portfolio Holdings | % Allocation |
Certificate of Deposit |
|
Small Industries Dev Bank of India (27/03/2024) ** # |
3.64% |
Canara Bank (15/05/2024) ** # |
2.20% |
Export Import Bank of India (15/03/2024) # |
2.02% |
Punjab National Bank (05/03/2024) ** # |
1.62% |
HDFC Bank Limited (11/03/2024) # |
1.62% |
Union Bank of India (20/03/2024) ** # |
1.42% |
Canara Bank (22/03/2024) ** # |
1.21% |
Bank of Baroda (22/05/2024) ** # |
1.20% |
Union Bank of India (22/05/2024) ** # |
1.20% |
Punjab National Bank (20/03/2024) ** # |
1.17% |
Canara Bank (26/03/2024) ** # |
1.09% |
Bank of Baroda (12/03/2024) ** # |
1.01% |
Axis Bank Limited (28/03/2024) ** # |
1.01% |
Indian Bank (21/05/2024) ** # |
1.00% |
Axis Bank Limited (14/03/2024) ** # |
0.81% |
Bank of Baroda (20/03/2024) ** # |
0.81% |
Bank of Baroda (02/04/2024) ** # |
0.81% |
Canara Bank (02/04/2024) ** # |
0.81% |
Indian Bank (02/04/2024) ** # |
0.81% |
Punjab National Bank (02/04/2024) ** # |
0.81% |
Small Industries Dev Bank of India (24/04/2024) # |
0.80% |
Bank of Baroda (03/05/2024) ** # |
0.80% |
Canara Bank (06/05/2024) ** # |
0.80% |
Union Bank of India (06/05/2024) ** # |
0.80% |
Bank of Baroda (17/05/2024) ** # |
0.80% |
Axis Bank Limited (17/05/2024) ** # |
0.80% |
HDFC Bank Limited (28/05/2024) ** # |
0.80% |
Union Bank of India (15/03/2024) ** # |
0.75% |
ICICI Bank Limited (30/04/2024) # |
0.60% |
Axis Bank Limited (15/05/2024) ** # |
0.60% |
Axis Bank Limited (11/03/2024) ** # |
0.41% |
National Bank For Agriculture and Rural Development (13/03/2024) ** # |
0.41% |
Axis Bank Limited (27/03/2024) ** # |
0.40% |
Certificate of Deposit Total |
35.05% |
Commercial Paper |
|
National Bank For Agriculture and Rural Development (20/03/2024) ** |
2.23% |
Grasim Industries Limited (22/03/2024) ** |
2.02% |
Reliance Retail Ventures Limited (04/03/2024) ** |
1.62% |
HDFC Bank Limited (19/03/2024) ** |
1.62% |
Aditya Birla Fashion and Retail Limited (22/03/2024) ** |
1.62% |
National Bank For Agriculture and Rural Development (21/05/2024) ** |
1.40% |
Godrej Consumer Products Limited (20/03/2024) ** |
1.21% |
National Bank For Agriculture and Rural Development (30/04/2024) ** |
1.20% |
Bajaj Finance Limited (13/03/2024) ** |
1.01% |
Motilal Oswal Financial Services Limited (03/05/2024) ** |
0.88% |
TV18 Broadcast Limited (01/03/2024) ** |
0.81% |
National Bank For Agriculture and Rural Development (14/03/2024) ** |
0.81% |
Bajaj Housing Finance Limited (14/03/2024) ** |
0.81% |
Aditya Birla Fashion and Retail Limited (15/03/2024) ** |
0.81% |
ICICI Securities Limited (15/03/2024) ** |
0.81% |
Aditya Birla Finance Limited (19/03/2024) ** |
0.81% |
ICICI Securities Limited (19/03/2024) ** |
0.81% |
Network18 Media & Investments Limited (21/03/2024) ** |
0.81% |
Larsen & Toubro Limited (28/03/2024) ** |
0.81% |
Tata Motors Finance Limited (26/03/2024) ** |
0.81% |
Small Industries Dev Bank of India (06/05/2024) ** |
0.80% |
Export Import Bank of India (07/05/2024) ** |
0.80% |
National Bank For Agriculture and Rural Development (08/05/2024) ** |
0.80% |
360 One Prime Limited (08/05/2024) ** |
0.80% |
Motilal Oswal Finvest Limited (10/05/2024) ** |
0.80% |
Small Industries Dev Bank of India (24/05/2024) ** |
0.80% |
National Bank For Agriculture and Rural Development (30/05/2024) ** |
0.80% |
Motilal Oswal Financial Services Limited (15/03/2024) ** |
0.73% |
Redington Limited (13/03/2024) ** |
0.61% |
Mahindra & Mahindra Financial Services Limited (15/03/2024) ** |
0.61% |
ICICI Securities Limited (18/03/2024) ** |
0.61% |
Godrej Industries Limited (13/05/2024) ** |
0.60% |
HDFC Securities Limited (08/05/2024) ** |
0.60% |
ICICI Securities Limited (09/05/2024) ** |
0.60% |
Godrej Industries Limited (22/05/2024) ** |
0.60% |
Bajaj Finance Limited (22/05/2024) ** |
0.60% |
Network18 Media & Investments Limited (27/05/2024) ** |
0.60% |
Godrej Industries Limited (30/05/2024) ** |
0.60% |
Motilal Oswal Financial Services Limited (29/05/2024) ** |
0.60% |
HDFC Securities Limited (06/03/2024) ** |
0.41% |
Tata Motors Finance Limited (13/03/2024) ** |
0.41% |
Godrej Agrovet Limited (15/03/2024) ** |
0.41% |
Aditya Birla Money Limited (18/03/2024) ** |
0.40% |
Hero Fincorp Limited (20/03/2024) ** |
0.40% |
Godrej Agrovet Limited (22/03/2024) ** |
0.40% |
Godrej Agrovet Limited (22/05/2024) ** |
0.40% |
L&T Finance Holdings Limited (20/05/2024) ** |
0.40% |
HDFC Securities Limited (22/05/2024) ** |
0.40% |
Birla Group Holdings Private Limited (23/05/2024) ** |
0.40% |
Julius Baer Capital India Pvt Ltd (23/05/2024) ** |
0.40% |
HSBC InvestDirect Financial Services (India) Limited (29/05/2024) ** |
0.40% |
Motilal Oswal Financial Services Limited (06/03/2024) ** |
0.28% |
Commercial Paper Total |
40.98% |
Treasury Bill |
|
91 Days Tbill (16/05/2024) |
2.40% |
91 Days Tbill (21/03/2024) |
1.82% |
364 Days Tbill (07/03/2024) |
1.62% |
182 Days Tbill (07/03/2024) |
1.62% |
91 Days Tbill (25/04/2024) |
1.61% |
91 Days Tbill (02/05/2024) |
1.61% |
364 Days Tbill (14/03/2024) |
1.58% |
182 Days Tbill (09/05/2024) |
1.20% |
91 Days Tbill (14/03/2024) |
0.81% |
364 Days Tbill (22/03/2024) |
0.81% |
91 Days Tbill (28/03/2024) |
0.81% |
91 Days Tbill (23/05/2024) |
0.80% |
Treasury Bill Total |
16.71% |
Corporate Debt Market Development Fund^ |
|
Class A2 units of Corporate Debt Market Development Fund # |
0.17% |
Corporate Debt Market Development Fund Total |
0.17% |
Cash & Other Receivables Total |
7.10% |
Total |
100.00% |
** Thinly Traded / Non Traded Security # Unlisted Security
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
| Returns (in%) | ||||||||
| 7 Days | 15 Days | 30 Days | 1 Year | 3 Years | 5 Years | Since inception | Value of 10000 invested Since Inception (in Rs.) | |
| Mirae Asset Liquid Fund | 7.22% |
7.54% |
7.35% |
7.19% |
5.28% |
5.18% |
6.22% |
24,942 |
| Scheme Benchmark* | 7.62% |
7.89% |
7.69% |
7.47% |
5.50% |
5.34% |
7.00% |
27,850 |
| Additional Benchmark** | 7.62% |
7.75% |
7.15% |
7.38% |
5.07% |
5.53% |
6.04% |
24,304 |
| NAV as on 29th February, 2024 | ₹ 2,494.1805 | |||||||
| Index Value (29th February, 2024) | Index Value of benchmark is 4,535.66 and CRISIL 1 Year T-Bill is 7,051.32 |
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| Allotment Date | 12th January, 2009 | |||||||
| Scheme Benchmark | *NIFTY Liquid Index B-I | |||||||
| Additional Benchmark | **CRISIL 1 Year T-Bill | |||||||
Fund manager : Mr. Abhishek Iyer managing the scheme since December 28, 2020.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 1000.00.Returns (%) for less than 1 year are calculated on simple annualized basis. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option>
This product is suitable for investors who are seeking*
. Optimal returns over short term
. Investment in a portfolio of short duration money market and debt instruments with residual maturity upto 91 days only.
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
| Quantum (₹ per unit) | |||
| Record Date | Individual | Corporate | NAV (₹ per unit) |
25-Sep-23 |
6.7881 |
6.7881 |
1,159.0909 |
25-Oct-23 |
6.4575 |
6.4575 |
1,158.7603 |
24-Nov-23 |
6.4805 |
6.4805 |
1,158.7833 |
26-Dec-23 |
6.985 |
6.985 |
1,159.2878 |
Face value 1000/-. Past Performance may or may not be sustained in future. Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the extent of payout and statutory levy (if any). IDCW history is for Mirae Asset Liquid Fund- Regular Plan - Monthly IDCW Option
*Pursuant to notice cum addendum no. 62/2023, the name of schemes of Mirae Asset Mutual Fund has been changed with effect from December 15, 2023.