Investment Objective and Approach

Mirae Asset Liquid Fund is an open ended liquid scheme maintaining high portfolio liquidity. The fund endeavors to maintain average maturity up to 60 days with a portfolio of money market and debt instruments. The scheme looks after to give stable returns with minimal mark to market and credit risk.

The investment objective of the scheme is to seek to generate returns linked to short end rates like MIBOR and CBLO etc. The fund maintains a relatively low interest rate risk and moderate credit risk.

Key investment approach features:

- Invests predominantly in money market and debt instruments

- An open ended liquid scheme with relatively low interest rate risk and moderate credit risk

- Maintains high liquidity for easy redemptions

- Focus on capital preservation with steady income generation

Fund Managers

The fund is currently managed by Amit Modani. Amit Modani has been the Fund Manager of Mirae Asset Liquid Fund Direct Growth since 1 November 2024.

Previously, Mr. Abhishek Iyer was managing the scheme since December 28, 2020. The fund management team brings extensive experience in fixed income markets and liquidity management.

About the Fund House (AMC)

Headquartered in Seoul, South Korea, Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.

The Indian wing of the AMC, Mirae Asset Global Investments (India) Pvt. Ltd. was launched in the November of 2007, becoming only their second overseas branch after Hong Kong. Note that Mirae Asset has been present in the Indian market since 2004 as a foreign institutional investor, but they commenced domestic business only in 2008.

Key highlights of Mirae Asset Mutual Fund:

- Today, Mirae Asset Mutual Fund has its presence in 14 countries spread across 5 continents

- Currently, they handle assets worth over Rs. 161740.88 Crore spread across 38 schemes in India

- Mirae Asset is considered one of the fastest growing AMCs in India. From a meagre 51,304 folios in 2013, they ballooned to over 11 Lakh in 2018, in a matter of just 5 years

- Founded by the visionary Hyeon Joo Park, Mirae Asset became the first AMC to present mutual funds to retail investors back in 1998

Should I Invest in Mirae Asset Liquid Fund?

Mirae Asset Liquid Fund can be suitable for investors seeking:

Ideal for:

- Emergency fund parking with easy liquidity

- Short-term surplus money management

- Capital preservation with modest returns

- This fund is suitable to keep your money safe

- Investors looking for better returns than traditional savings accounts

Key considerations:

- The Mirae Asset Liquid Fund Direct Growth is rated Low to Moderate risk

- Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000

- Exit 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

Performance metrics:

- The fund has generated a return of 7.34% in 1 year, 7.04% in 3 years, 5.61% in 5 years

- Mirae Asset Liquid Fund Direct Growth has given a CAGR return of 6.75% since inception

Not suitable for:

- Investors seeking high growth or capital appreciation

- Long-term wealth creation goals

- Risk-averse investors concerned about any market volatility

FAQs

What is today's NAV of Mirae Asset Liquid Fund?

The Latest NAV as of 27 Aug 2025 is ₹2,810.99 for the Direct Growth plan. NAV changes daily based on market conditions.

What is the AUM of Mirae Asset Liquid Fund?

The AUM (i.e. assets under management) of Mirae Asset Liquid Fund is ₹11238.47 Cr as of 14th July 2025.

What is the expense ratio of Mirae Asset Liquid Fund?

The expense ratio of Mirae Asset Liquid Fund Plan is 0.09 as of 14th July 2025. Direct plans typically have lower expense ratios than regular plans.

What are the returns of Mirae Asset Liquid Fund since inception?

Mirae Asset Liquid Fund Direct Growth has given a CAGR return of 6.75% since inception. Past performance may not be sustained in future.

What is the minimum SIP amount to invest in Mirae Asset Liquid Fund?

Minimum SIP Investment is set to ₹99. This makes it accessible for regular investors to start systematic investing.

How do I invest in Mirae Asset Liquid Fund?

You can invest through Allvest platform by completing KYC, selecting the fund, choosing investment amount and payment method. The investment procedure at Mirae Asset Mutual Funds is entirely online. You can invest in one or more of their schemes at any time and place of your convenience.

How to start a SIP in Mirae Asset Liquid Fund?

Through Allvest, select SIP option, choose monthly amount (minimum ₹99), set up auto-debit from your bank account, and confirm investment instructions.

How do I automate an SIP in Mirae Asset Liquid Fund?

Set up bank mandate or UPI auto-pay through Allvest platform for hassle-free monthly investments without manual intervention for each installment.

How can I withdraw/redeem my investment in Mirae Asset Liquid Fund?

Submit redemption request through Allvest or fund house website. Funds are typically credited within 1-2 business days. Note the exit load structure for early redemptions within 6 days.