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Mirae Asset Liquid Fund Direct-idcw Monthly
Debt
Low to Moderate Risk
Latest AUM
₹ 10,973.2 Cr.
NAV as on 03 aug, 2026
₹ 1,136.66
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
Mirae Asset Liquid Fund Direct-idcw Monthly
Inception Date
01 Jan 2013
Lock In
No Lock-in
Risk
Principal at low to moderate risk
Category Average Annual Returns
6.97
Portfolio Composition Analysis
Debt
116.15%
Portfolio Updated on: 08 Jul, 2026
Sector Allocations
Debt
Financial
Diversified
Energy & Utilities
Industrials
Technology
Real Estate
Materials
Entities
Consumer Staples
Consumer Discretionary
Portfolio Updated on: 03 aug, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| UNION BANK OF INDIA CD 24SEP26 | Financial | Certificate of Deposit | 6.29% |
| UNION BANK OF INDIA CD 24SEP26 | Financial | Certificate of Deposit | 6.29% |
| UNION BANK OF INDIA CD 27MAR26 | Financial | Certificate of Deposit | 5.31% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 11MAR26 | Financial | Certificate of Deposit | 4.08% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 07SEP26 | Financial | Commercial Paper | 5.85% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 07SEP26 | Financial | Commercial Paper | 5.85% |
| 91 DAYS T-BILL - 24SEP2026 | Financial | Treasury Bills | 5.85% |
| 91 DAYS T-BILL - 24SEP2026 | Financial | Treasury Bills | 5.85% |
| UNION BANK OF INDIA CD 15MAY26 | Financial | Certificate of Deposit | 5.17% |
| GOVERNMENT OF INDIA 37184 091 DAYS TBILL 11JU26 FV RS 100 | Financial | Treasury Bills | 5.36% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 4.96% |
| Standard Deviation | 0.20% |
| Sortino Ratio | 10.75% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 1.63% | NA | 1.50% |
| 6 Months | 3.31% | NA | 3.29% |
| 9 Months | 4.82% | NA | 5.11% |
| 1 Year | 6.34% | 6.34% | 6.97% |
| 2 Years | 13.93% | 6.74% | 7.17% |
| 3 Years | 22.37% | 6.96% | 7.01% |
| 5 Years | 35.54% | 6.27% | 5.63% |
| 7 Years | 47.51% | 5.71% | NA |
| 10 Years | 81.12% | 6.12% | 6.23% |
Mirae Asset Liquid Fund Direct-idcw Monthly is one Debt mutual fund offered by Mirae Asset Mutual Fund. Launched on 01 Jan 2013, the fund aims Optimal returns over short term. Investment predominantly in a portfolio of short duration certificate of deposits issued by scheduled commercial banks, CBLO, etc. It manages assets worth ₹10,973.2 crore as on Tue Jun 30, 2026. The expense ratio stands at 0.09%.
Amit Modani has experience Prior to joining Mirae Asset Mutual Fund, he has worked with BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct-growth | 63,686.6 | +0.50% | +1.70% | +3.42% | +6.49% | +7.03% | +6.33% |
| Aditya Birla Sun Life Liquid Fund Direct-idcw | 63,686.6 | +0.50% | +1.70% | +3.42% | +6.49% | +7.03% | +6.33% |
| Aditya Birla Sun Life Liquid Fund Direct-idcw Daily | 63,686.6 | +0.50% | +1.70% | +3.42% | +6.49% | +7.03% | +6.33% |
| Aditya Birla Sun Life Liquid Fund Direct-idcw Weekly | 63,686.6 | +0.50% | +1.70% | +3.42% | +6.49% | +7.03% | +6.33% |
| Axis Liquid Direct Fund-growth | 44,865.9 | +0.50% | +1.70% | +3.42% | +6.49% | +7.02% | +6.32% |
| Axis Liquid Direct Fund-idcw Daily | 44,865.9 | +0.50% | +1.70% | +3.42% | +6.49% | +7.02% | +6.32% |
| Axis Liquid Direct Fund-idcw Monthly | 44,865.9 | +0.50% | +1.70% | +3.42% | +6.49% | +7.02% | +6.32% |
| Axis Liquid Direct Fund-idcw Weekly | 44,865.9 | +0.50% | +1.70% | +3.42% | +6.49% | +7.02% | +6.32% |
| Sundaram Liquid Direct-growth | 6,365.2 | +0.58% | +1.77% | +3.46% | +6.50% | +7.02% | +6.31% |
| Sundaram Liquid Direct-idcw Monthly | 6,365.2 | +0.58% | +1.77% | +3.46% | +6.50% | +7.02% | +6.31% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from Mirae Asset Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Mirae Asset Liquid Fund-growth | 10,973.2 | +0.48% | +1.61% | +3.26% | +6.23% | +6.85% | +6.16% |
| Mirae Asset Liquid Fund Direct-growth | 10,973.2 | +0.48% | +1.63% | +3.31% | +6.34% | +6.96% | +6.27% |
| Mirae Asset Liquid Fund-idcw Daily | 10,973.2 | +0.48% | +1.61% | +3.26% | +6.23% | +6.85% | +6.16% |
| Mirae Asset Liquid Fund Direct-idcw Daily | 10,973.2 | +0.48% | +1.63% | +3.31% | +6.34% | +6.96% | +6.27% |
| Mirae Asset Liquid Fund-idcw Monthly | 10,973.2 | +0.48% | +1.61% | +3.26% | +6.23% | +6.85% | +6.16% |
| Mirae Asset Liquid Fund-idcw Weekly | 10,973.2 | +0.48% | +1.61% | +3.26% | +6.23% | +6.85% | +6.16% |
| Mirae Asset Liquid Fund Direct-idcw Weekly | 10,973.2 | +0.48% | +1.63% | +3.31% | +6.34% | +6.96% | +6.27% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| SBI Liquid Fund Direct Plan-growth | 71,448.4 | +0.49% | +1.69% | +3.37% | +6.38% | +6.93% | +6.24% |
| SBI Liquid Fund-growth | 71,448.4 | +0.48% | +1.66% | +3.33% | +6.28% | +6.82% | +6.13% |
| SBI Liquid Fund-idcw Daily | 71,448.4 | +0.48% | +1.66% | +3.33% | +6.28% | +6.82% | +6.13% |
| SBI Liquid Fund Direct Plan-idcw Daily | 71,448.4 | +0.49% | +1.69% | +3.37% | +6.38% | +6.93% | +6.24% |
| SBI Liquid Fund-idcw Fortnightly | 71,448.4 | +0.48% | +1.66% | +3.33% | +6.28% | +6.82% | +6.13% |
| SBI Liquid Fund Direct Plan-idcw Fortnightly | 71,448.4 | +0.49% | +1.69% | +3.37% | +6.38% | +6.93% | +6.24% |
| SBI Liquid Fund Direct Plan-idcw Weekly | 71,448.4 | +0.49% | +1.69% | +3.37% | +6.38% | +6.93% | +6.24% |
| SBI Liquid Fund-idcw Weekly | 71,448.4 | +0.48% | +1.66% | +3.33% | +6.28% | +6.82% | +6.13% |
| HDFC Liquid Direct Plan-growth | 65,878.3 | +0.49% | +1.67% | +3.36% | +6.39% | +6.95% | +6.25% |
| HDFC Liquid Fund Regular-growth | 65,878.3 | +0.48% | +1.64% | +3.31% | +6.30% | +6.86% | +6.15% |
Top funds are based on Fund AUM
Top Debt Funds
| Fund name | ||||
|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct-growth | ₹455.92 | +7.03% | +6.33% | — |
| Aditya Birla Sun Life Liquid Fund Direct-idcw | ₹137.11 | +7.03% | +6.33% | — |
| Aditya Birla Sun Life Liquid Fund Direct-idcw Daily | ₹100.20 | +7.03% | +6.33% | — |
| Aditya Birla Sun Life Liquid Fund Direct-idcw Weekly | ₹100.28 | +7.03% | +6.33% | — |
| Axis Liquid Direct Fund-growth | ₹3,139.50 | +7.02% | +6.32% | — |
| Axis Liquid Direct Fund-idcw Daily | ₹1,000.96 | +7.02% | +6.32% | — |
| Axis Liquid Direct Fund-idcw Monthly | ₹1,001.98 | +7.02% | +6.32% | — |
| Axis Liquid Direct Fund-idcw Weekly | ₹1,002.09 | +7.02% | +6.32% | — |
| Sundaram Liquid Direct-growth | ₹2,494.83 | +7.02% | +6.31% | — |
| Sundaram Liquid Direct-idcw Monthly | ₹1,043.93 | +7.02% | +6.31% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 03 Aug 2026 | ₹1,136.66 |
| 02 Aug 2026 | ₹1,136.39 |
| 01 Aug 2026 | ₹1,136.19 |
| 31 Jul 2026 | ₹1,136.00 |
| 30 Jul 2026 | ₹1,135.71 |
| 29 Jul 2026 | ₹1,135.52 |
| 28 Jul 2026 | ₹1,135.33 |
| 27 Jul 2026 | ₹1,135.20 |
| 26 Jul 2026 | ₹1,135.05 |
| 25 Jul 2026 | ₹1,134.85 |
| 24 Jul 2026 | ₹1,134.65 |
| 23 Jul 2026 | ₹1,140.39 |
| 22 Jul 2026 | ₹1,140.14 |
| 21 Jul 2026 | ₹1,140.06 |
| 20 Jul 2026 | ₹1,139.89 |
| 19 Jul 2026 | ₹1,139.74 |
| 18 Jul 2026 | ₹1,139.55 |
| 17 Jul 2026 | ₹1,139.36 |
| 16 Jul 2026 | ₹1,139.03 |
| 15 Jul 2026 | ₹1,138.81 |
| 14 Jul 2026 | ₹1,138.67 |
| 13 Jul 2026 | ₹1,138.67 |
| 12 Jul 2026 | ₹1,138.50 |
| 11 Jul 2026 | ₹1,138.31 |
| 10 Jul 2026 | ₹1,138.12 |
| 09 Jul 2026 | ₹1,137.75 |
| 08 Jul 2026 | ₹1,137.45 |
| 07 Jul 2026 | ₹1,137.34 |
| 06 Jul 2026 | ₹1,137.41 |
| 05 Jul 2026 | ₹1,137.56 |
Portfolio Updated on: 04 Aug, 2026
Fund Growth & Size Analysis
+₹10,973.2 Cr
Since Launch
This Fund
Category Average
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Mirae Asset Liquid Fund Direct-idcw Monthly Returns Comparison
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Mirae Asset Liquid Fund Direct-idcw Monthly FAQ'S
- Sharpe Ratio: 4.96%
- Standard Deviation: 0.20%
- Sortino Ratio: 10.75%
Additional important ratios:
As of Tue Jun 30, 2026, the total assets managed under Mirae Asset Liquid Fund Direct-idcw Monthly stand at approximately ₹ 10,973.2 crore.
The Mirae Asset Liquid Fund Direct-idcw Monthly has delivered the following short-term performance:
- 3 Months Return: 1.63%
- 6 Months Return: 3.31%
The historical growth of the Mirae Asset Liquid Fund Direct-idcw Monthly is reflected through its CAGR returns:
- 3 Year CAGR: 6.96%
- 5 Year CAGR: 6.27%
- Return Since Launch: 6.71%
The portfolio of Mirae Asset Liquid Fund Direct-idcw Monthly is distributed across different asset classes as follows:
- Debt Instruments: 116.15%
The Mirae Asset Liquid Fund Direct-idcw Monthly is managed by Amit Modani, representing Mirae Asset Mutual Fund.
Top stock holdings of Mirae Asset Liquid Fund Direct-idcw Monthly include:
- UNION BANK OF INDIA CD 24SEP26 – represents 6.29% of the portfolio
- UNION BANK OF INDIA CD 24SEP26 – represents 6.29% of the portfolio
- UNION BANK OF INDIA CD 27MAR26 – represents 5.31% of the portfolio
- SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 11MAR26 – represents 4.08% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 07SEP26 – represents 5.85% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 07SEP26 – represents 5.85% of the portfolio
- 91 DAYS T-BILL - 24SEP2026 – represents 5.85% of the portfolio
- 91 DAYS T-BILL - 24SEP2026 – represents 5.85% of the portfolio
- UNION BANK OF INDIA CD 15MAY26 – represents 5.17% of the portfolio
- GOVERNMENT OF INDIA 37184 091 DAYS TBILL 11JU26 FV RS 100 – represents 5.36% of the portfolio
Major sector exposures in Mirae Asset Liquid Fund Direct-idcw Monthly are:
- Financial – accounts for 814.72% of the portfolio
- Diversified – accounts for 26.38% of the portfolio
- Energy & Utilities – accounts for 19.37% of the portfolio
- Industrials – accounts for 15.43% of the portfolio
- Technology – accounts for 12.66% of the portfolio
