Debt · Liquid

Mirae Asset Liquid Fund

Mirae Asset Investment Managers (India) Pvt. Ltd

Benchmark

NIFTY Liquid Index A-I

Riskometer

Low to Moderate

Size

₹21,109 cr

Allotted

12 Jan 2009

Holdings as of

30 Sep 2026

Mirae Asset Liquid Fund is a liquid fund of Mirae Asset Investment Managers (India) Pvt. Ltd with ₹21,109 cr under management. It is ahead of its benchmark (NIFTY Liquid Index A-I) in 3 of 4 periods. Its direct plan charges 0.09% a year. Pranavi Kulkarni has managed it for 0.7 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is Mirae Asset Liquid Fund invested in?

117% in debt, 3% in shares and -20% in cash, as of 30 Sep 2026.

Equity2.7%Debt116.6%Cash-19.6%Other0.3%

Holdings as of 30 Sep 2026

Has Mirae Asset Liquid Fund beaten its benchmark?

Ahead of its benchmark, NIFTY Liquid Index A-I, in 3 of 4 periods in AMFI's figures; +6.45% over the last year against +6.47%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.48%	−3.60%	—
3 months	+1.58%	−5.03%	—
6 months	+3.13%	−1.83%	—
1 year	+6.44%	−4.06%	+10.50 pts
3 years	+6.92%	+9.27%	−2.35 pts
5 years	+6.40%	+8.00%	−1.60 pts
10 years	+6.11%	+12.69%	−6.58 pts
Since start from 6 Jan 2013	+6.71%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (NIFTY Liquid Index A-I) in 3 of 4 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.45%	+6.34%	+6.47%	−0.02	🔒
3y	+6.92%	+6.81%	+6.89%	+0.03	🔒
5y	+6.40%	+6.29%	+6.38%	+0.02	🔒
10y	+6.11%	+6.01%	+6.02%	+0.09	🔒

Ahead in points a year · its rank among Liquid funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 14 Oct 2026

Fund 180Nifty 500 TRI 327

₹100 put in at the start of Oct 2016 would be ₹180 on 14 Oct 2026, against ₹327 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Mirae Asset Liquid Fund cost?

0.09% a year on the direct plan, 0.20% on the regular plan; 5 of 43 funds in its category charge less.

Direct plan

0.09% a year

Category median 0.13%

Regular plan

0.20% a year

Category median 0.25%

Gap

0.11 points

for the same holdings

5 of 43 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Income/Debt Oriented Schemes - Liquid Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Mirae Asset Liquid Fund?

Pranavi Kulkarni, since 5 Feb 2026.

Pranavi Kulkarni

0.7 years

since 5 Feb 2026

Benchmark as filedNifty Liquid Index A-I

Exit load

Upto Day 1 @ 0.0070%, Day 2 @ 0.0065%, Day 3 @ 0.0060%, Day 4 @ 0.0055%,Day 5 @ 0.0050%, Day 6 @ 0.0045% and Day 7 onwards 0.0000%.

From 4 Scheme Summary Documents filed with NSE, first on 12 May 2026; as on 4 Oct 2026

Questions people ask

Who manages Mirae Asset Liquid Fund?

Pranavi Kulkarni (manager) since 5 Feb 2026.

What is the expense ratio of Mirae Asset Liquid Fund?

0.09% a year on the direct plan and 0.20% on the regular plan (expense report, Oct 2026).

How has Mirae Asset Liquid Fund done?

Its direct plan returned +6.92% a year over 3 years against +6.89% for its benchmark, NIFTY Liquid Index A-I, as of 13 Oct 2026.