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Mirae Asset Liquid Fund - Direct Plan -Daily IDCW

Mirae Asset · Liquid
Low
₹1075.83
Current NAV
25 Jun 2026
6.9%
1Y Return
6.9%
3Y CAGR
6.6%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.44%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.44).
  • Generates significant excess returns relative to benchmark index (Alpha: 2.94).
Cons / Risks
  • Sluggish 3-year performance, lagging behind primary equity benchmarks.
Suitable for
  • Conservative investors seeking capital safety, high liquidity, or parking surplus cash.
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Aggressive investors expecting index-beating returns or high inflation-beating growth.
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
1.44
Sharpe Ratio
0.74
Beta
2.94
Alpha
1.64
Sortino
Fund Details
Fund House Mirae Asset
Category Liquid
AUM ₹990 Cr
Expense Ratio 0.44%
Min SIP ₹500
Min Lumpsum ₹1000
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