• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Liquid Fund (PIDCW-M)

Formerly Mirae Asset Liquid Mn IDCW-P

Mirae Asset Mutual Fund

Mirae Asset Liquid Fund (PIDCW-M)

DebtLiquid

1157.8293

NAV (Jun 18)

5.3%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in liquid mutual funds.

Liquid funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

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Scripbox Recommended Debt Funds
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1157.8293

NAV (Jun 18)

Fund Returns

Last 1Y
7.3%
Last 3Y
5.7%
Last 5Y
5.2%
Last 10Y
6.3%
Since Inception
6.2%
6 Month CAGR
3.7%

Scheme Information

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.

Expense Ratio
0.2
Launched (15y ago)
Jan 12, 2009
AUM in Crores
11455.038
ISIN
INF769K01838
Lock-in
No Lock-in
Benchmark
Nifty Liquid TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.6
Standard Deviation (5yr)
0.5
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.897
Sharpe Ratio (5yr)
-1.364
YTM
7.25
Fund Managers

Abhishek Iyer

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Liquid Fund (PIDCW-M)70%8,19,921 87,3094.7%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-18

Top Debt Holdings

india (republic of)

3.1%
3.1%

india (republic of)

3%
3%

icici bank limited

2.4%
2.4%

india (republic of)

2.4%
2.4%

91 Days Treasury Bill 25-07-2024

2.3%
2.3%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)

₹ 10,797 cr

₹ 5,001 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 165,648 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 35 equity,48 debt and 9 hybrid funds.amc-img
phone-img022-67800300
Fund NameScripbox Opinion
Till Date CAGR

17.3%

19.5%

16.5%

18.9%

23.5%

28.9%

10.3%

11.8%

14.2%

21.8%

Mirae Asset Liquid Fund (PIDCW-M) Review

Mirae Asset Liquid Fund (PIDCW-M) is a Liquid Debt fund and has delivered an annualised return of 4.9% over a period of 15 years. The fund was previously known as Mirae Asset Liquid Mn IDCW-P. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Abhishek Iyer.

Nav of Mirae Asset Liquid Fund (PIDCW-M) as of 6/18/2024 is ₹1157.83 with the total AUM as of 6/19/2024 is ₹11455.038. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Liquid Fund (PIDCW-M) was launched on Jan 12, 2009. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Mirae Asset Liquid Fund (PIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Mirae Asset Liquid Fund (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Liquid TR INR.

Mirae Asset Liquid Fund (PIDCW-M) is rated as a 3 fund in Debt and delivered 6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Liquid Fund (PIDCW-M).

Frequently Asked Questions

What is Mirae Asset Liquid Fund (PIDCW-M)?

Mirae Asset Liquid Fund (PIDCW-M) is a Liquid Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Liquid Fund (PIDCW-M)?

You can invest in Mirae Asset Liquid Fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Mirae Asset Liquid Fund (PIDCW-M)?

The minimum sip amount for Mirae Asset Liquid Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is Mirae Asset Liquid Fund (PIDCW-M) good to invest in?

As per Scripbox experts, Mirae Asset Liquid Fund (PIDCW-M) is a Neutral fund. You can investMirae Asset Liquid Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Mirae Asset Liquid Fund (PIDCW-M)?

The expense ratio of the Mirae Asset Liquid Fund (PIDCW-M) is 0.2% for regular plan.