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Mirae Asset Liquid Fund Direct Growth
Debt
Liquid
Low to Moderate Risk
+7.03%
3Y annualised
+0.01% 1D
NAV: 18 Jan '26
₹2,875.31
Min. SIP amount
₹99
Fund size
₹15,756.80 Cr
Expense ratio
0.09%
Return calculator
Monthly SIP
One time
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹61,666 | +2.78% | |
| 3 years | ₹1,80,000 | ₹1,98,592 | +10.33% | |
| 5 years | ₹3,00,000 | ₹3,52,492 | +17.50% | |
| 10 years | ₹6,00,000 | ₹8,14,574 | +35.76% |
Holdings (84)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 4.08% |
| Reserve Bank of India | Financial | T-Bills | 3.47% |
| Union Bank of India | Financial | CD | 3.44% |
| Reserve Bank of India | Financial | T-Bills | 3.16% |
| HDFC Bank Ltd. | Financial | CD | 3.15% |
| HDFC Bank Ltd. | Financial | CD | 3.13% |
| Axis Bank Ltd. | Financial | CD | 3.13% |
| Canara Bank | Financial | CD | 3.13% |
| Bank Of Baroda | Financial | CD | 2.67% |
| Reserve Bank of India | Financial | T-Bills | 2.53% |
| Reserve Bank of India | Financial | T-Bills | 2.52% |
| Reserve Bank of India | Financial | T-Bills | 2.52% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 2.51% |
| HDFC Bank Ltd. | Financial | CD | 2.35% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 2.22% |
| Punjab National Bank | Financial | CD | 2.19% |
| Reserve Bank of India | Financial | T-Bills | 1.90% |
| Reserve Bank of India | Financial | T-Bills | 1.90% |
| Bank Of Baroda | Financial | CD | 1.88% |
| ICICI Securities Ltd. | Financial | CP | 1.88% |
| Aditya Birla Capital Ltd. | Financial | CP | 1.88% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 1.88% |
| Jio Credit Ltd. | Financial | CP | 1.88% |
| HDFC Securities Ltd. | Financial | CP | 1.58% |
| Punjab National Bank | Financial | CD | 1.58% |
| Canara Bank | Financial | CD | 1.58% |
| Punjab National Bank | Financial | CD | 1.57% |
| Canara Bank | Financial | CD | 1.57% |
| Reserve Bank of India | Financial | T-Bills | 1.57% |
| Export-Import Bank Of India | Financial | CD | 1.41% |
| Reserve Bank of India | Financial | T-Bills | 1.31% |
| Bajaj Finance Ltd. | Financial | CP | 1.26% |
| Axis Bank Ltd. | Financial | CD | 1.26% |
| Canara Bank | Financial | CD | 1.26% |
| Reliance Retail Ventures Ltd. | Services | CP | 1.26% |
| Reserve Bank of India | Financial | T-Bills | 1.26% |
| Export-Import Bank Of India | Financial | CD | 1.26% |
| Bank Of Baroda | Financial | CD | 1.26% |
| ICICI Securities Ltd. | Financial | CP | 1.26% |
| HDFC Bank Ltd. | Financial | CD | 1.26% |
| Indian Bank | Financial | CD | 1.25% |
| Axis Bank Ltd. | Financial | CD | 1.25% |
| ICICI Securities Ltd. | Financial | CP | 1.25% |
| Export-Import Bank Of India | Financial | CP | 0.95% |
| HDFC Bank Ltd. | Financial | CD | 0.94% |
| Axis Bank Ltd. | Financial | CD | 0.94% |
| Bank Of Baroda | Financial | CD | 0.94% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.94% |
| Bank Of Baroda | Financial | CD | 0.79% |
| Indian Bank | Financial | CD | 0.79% |
| Axis Bank Ltd. | Financial | CD | 0.79% |
| Canara Bank | Financial | CD | 0.78% |
| Axis Securities Ltd. | Others | CP | 0.63% |
| ICICI Securities Ltd. | Financial | CP | 0.63% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.63% |
| Axis Finance Ltd. | Financial | CP | 0.63% |
| Reliance Retail Ventures Ltd. | Services | CP | 0.63% |
| Tata Capital Ltd. | Financial | CP | 0.63% |
| Kotak Securities Ltd. | Services | CP | 0.63% |
| Bajaj Finance Ltd. | Financial | CP | 0.63% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | CP | 0.63% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.63% |
| Bharti Telecom Ltd. | Communication | CP | 0.63% |
| Kisetsu Saison Finance (India) Pvt Ltd. | Financial | CP | 0.63% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 0.63% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 0.63% |
| Axis Securities Ltd. | Others | CP | 0.63% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 0.63% |
| Kotak Mahindra Securities Ltd. | Financial | CP | 0.63% |
| Godrej Consumer Products Ltd. | Consumer Staples | CP | 0.63% |
| Kotak Securities Ltd. | Services | CP | 0.63% |
| Tata Capital Ltd. | Financial | CP | 0.63% |
| Bajaj Finance Ltd. | Financial | CP | 0.47% |
| Aditya Birla Finance Ltd. | Financial | CP | 0.47% |
| ICICI Securities Primary Dealership Ltd. | Financial | CP | 0.47% |
| Nexus Select Trust | Construction | CP | 0.47% |
| Canara Bank | Financial | CD | 0.47% |
| Godrej Industries Ltd. | Consumer Staples | CP | 0.47% |
| Godrej Industries Ltd. | Consumer Staples | Money Mkt | 0.47% |
| Julius Baer Capital India Pvt Ltd. | Financial | CP | 0.32% |
| Aditya Birla Money Ltd. | Financial | CP | 0.31% |
| Reserve Bank of India | Financial | T-Bills | 0.28% |
| NTPC Ltd. | Energy | CP | 0.16% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.16% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +7.0% | +5.9% | +6.2% | +6.7% |
| Category average (Debt Liquid) | +6.8% | +5.7% | +6.0% | -- |
| Rank (Debt Liquid) | 13 | 11 | 17 | -- |
Exit load, stamp duty and tax
Exit load
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.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Edelweiss Liquid Direct Growth | +6.54% | +7.07% | 10,414.02 | |
PGIM India Liquid Fund Direct Plan Growth | +6.54% | +7.05% | 504.53 | |
Nippon India Liquid Fund Direct Growth | +6.54% | +7.04% | 27,591.03 | |
Franklin India Liquid Fund Super Institutional Plan Direct Growth | +6.58% | +7.03% | 2,640.35 | |
Mirae Asset Liquid Fund Direct Growth | +6.51% | +7.03% | 15,756.80 | |
| Compare | ||||
Fund management
BBBasant BafnaDec 2025 - PresentView details
BB
Basant Bafna
Dec 2025 - Present
View details
About Mirae Asset Liquid Fund Direct Growth
Mirae Asset Liquid Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Basant Bafna is the Current Fund Manager of Mirae Asset Liquid Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,28,206 Cr and the Latest NAV as of 18 Jan 2026 is ₹2,875.31.
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.
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Investment Objective
The investment objective of the scheme is to seek to generate returns linked to short end rates like MIBOR and CBLO etc. and provide higher liquidity by investing in a portfolio of debt and money market instruments.
Fund benchmarkNIFTY Liquid Index A-I
Fund house
Rank (total assets)#13 in India
Total AUM₹2,28,206.30 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,