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 A-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 June 30, 2024 |
11,157.4297 Net AUM (₹ Cr.) |
10,579.95 Monthly Total Expense Ratio |
(Including Statutory Levies) as on June 30, 2024 Regular Plan: 0.20% Direct Plan: 0.10% **For experience of Fund Managers Click Here |
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| NAV: | Direct | Regular |
| Growth | ₹ 2,596.6002 | ₹ 2,555.2168 |
| Daily IDCW | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW | ₹ 1,217.2174 | ₹ 1,153.4952 |
| Monthly IDCW | ₹ 1,135.9517 | ₹ 1,153.6018 |
| Average Maturity | 58.54 Days |
| Modified Duration | 0.16 Yrs |
| Macaulay Duration | 0.16 Yrs |
| Annualized Portfolio YTM* | 7.24% |
*In case of semi annual YTM, it will be annualized.
| Portfolio Holdings | % Allocation |
| Certificate Of Deposit | |
| Punjab National Bank | 6.44% |
| Axis Bank Limited | 4.62% |
| Bank of Baroda | 3.92% |
| HDFC Bank Limited | 3.22% |
| HDFC Bank Limited | 2.77% |
| HDFC Bank Limited | 2.76% |
| Punjab National Bank | 2.75% |
| Canara Bank | 2.53% |
| Union Bank of India | 2.30% |
| Indian Bank | 1.15% |
| ICICI Bank Limited | 0.69% |
| Certificate Of Deposit Total | 33.14% |
| Commercial Paper | |
| National Bank For Agriculture and Rural Development | 9.21% |
| Kotak Securities Limited | 3.23% |
| ICICI Securities Limited | 2.99% |
| National Housing Bank | 2.76% |
| Larsen & Toubro Limited | 2.54% |
| Reliance Retail Ventures Limited | 2.54% |
| Network18 Media & Investments Limited | 2.31% |
| Small Industries Dev Bank of India | 2.31% |
| HDFC Securities Limited | 1.84% |
| Godrej Industries Limited | 1.61% |
| Birla Group Holdings Private Limited | 1.61% |
| TV18 Broadcast Limited | 1.39% |
| Godrej Agrovet Limited | 1.38% |
| National Housing Bank | 1.38% |
| ICICI Sec Primary Dealership Limited | 0.92% |
| 360 One Prime Limited | 0.92% |
| Julius Baer Capital India Pvt Ltd | 0.92% |
| Reliance Jio Infocomm Limited | 0.92% |
| Tata Capital Limited | 0.92% |
| Indian Oil Corporation Limited | 0.92% |
| Shriram Finance Limited | 0.92% |
| Bajaj Finance Limited | 0.92% |
| Mahindra & Mahindra Financial Services Limited | 0.92% |
| L&T Finance Limited | 0.92% |
| HDFC Securities Limited | 0.69% |
| Tata Motors Finance Limited | 0.69% |
| Axis Finance Limited | 0.46% |
| Motilal Oswal Financial Services Limited | 0.46% |
| Motilal Oswal Finvest Limited | 0.46% |
| Cholamandalam Investment and Finance Company Ltd | 0.46% |
| Bobcard Limited | 0.46% |
| Commercial Paper Total | 49.96% |
| Corporate Bond | |
| 7% Hindustan Petroleum NCD Sr 2 (MD 14/08/2024) | 0.47% |
| Corporate Bond Total | 0.47% |
| Treasury Bill | |
| 91 Days Tbill (MD 05/09/2024) | 2.76% |
| 91 Days Tbill (MD 15/08/2024) | 2.59% |
| 91 Days Tbill (MD 25/07/2024) | 2.51% |
| 182 Days Tbill (MD 22/08/2024) | 2.31% |
| 91 Days Tbill (MD 26/09/2024) | 1.38% |
| 182 Days Tbill (MD 01/08/2024) | 0.93% |
| 91 Days Tbill (MD 02/08/2024) | 0.93% |
| 182 Days Tbill (MD 08/08/2024) | 0.93% |
| 91 Days Tbill (MD 08/08/2024) | 0.93% |
| 182 Days Tbill (MD 29/08/2024) | 0.92% |
| 182 Days Tbill (MD 26/09/2024) | 0.92% |
| 364 Days Tbill (MD 22/08/2024) | 0.46% |
| 182 Days Tbill (MD 05/09/2024) | 0.23% |
| Treasury Bill Total | 17.78% |
| Corporate Debt Market Development Fund^ | |
| Class A2 units of Corporate Debt Market Development Fund # | 0.20% |
| Corporate Debt Market Development Fund Total | 0.20% |
| Cash & Other Receivables Total | -1.57% |
| Grand Total | 100.00% |
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
#Unlisted Security
| 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 | 6.80% |
6.85% |
6.94% |
7.28% |
5.74% |
5.19% |
6.25% |
25,552 |
| Scheme Benchmark* | 6.59% |
6.78% |
6.97% |
7.38% |
5.86% |
5.24% |
6.96% |
28,323 |
| Additional Benchmark** | 7.95% |
7.93% |
7.62% |
7.15% |
5.51% |
5.56% |
6.08% |
24,914 |
| NAV as on 30th June, 2024 | ₹ 2,555.2168 | |||||||
| Index Value (30th June, 2024) | Index Value of benchmark is 4,612.70 and CRISIL 1 Year T-Bill is 7,228.08 | |||||||
| Allotment Date | 12th January, 2009 | |||||||
| Scheme Benchmark | *Nifty Liquid Index A-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) |
26-Mar-24 |
6.4975 |
6.4975 |
1158.8003 |
24-Apr-24 |
7.6922 |
7.6922 |
1159.9950 |
24-May-24 |
6.4835 |
6.4835 |
1158.7863 |
24-Jun-24 |
6.8277 |
6.8277 |
1159.1305 |
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