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Mirae Asset Liquid Fund - Regular Plan - Growth

Category: Debt: Liquid
Launch Date: 05-01-2009
Asset Class: Fixed Income
Benchmark: S&P BSE Liquid Rate Index
Expense Ratio: 0.2% As on (30-04-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 9,883.82 Cr As on (30-04-2024)
Turn over:
NAV as on Wed May 29 00:00:00 IST 2024

2539.7873

0.48 (0.019%)

CAGR Since Inception

6.25%

S&P BSE Liquid Rate Index 5.39%

PERFORMANCE of Mirae Asset Liquid Fund - Regular Plan - Growth

Scheme Performance (%) Data as on - 29-05-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Mirae Asset Liquid Fund - Regular Plan - Growth 7.26 5.62 5.18 6.29 6.25
S&P BSE Liquid Rate Index 6.88 5.43 4.83 - 5.39
Debt: Liquid 7.18 5.52 5.05 6.28 6.47

Yearly Performance (%)

Fund Managers

Abhishek Iyer

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.

RETURNS CALCULATOR for Mirae Asset Liquid Fund - Regular Plan - Growth

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

Key Performance and Risk Statistics of Mirae Asset Liquid Fund - Regular Plan - Growth

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Mirae Asset Liquid Fund - Regular Plan - Growth 0.49 0.29 2.07 0.97 7.25 0.12
Debt: Liquid - - - - - -

PEER COMPARISION of Mirae Asset Liquid Fund - Regular Plan - Growth

Period
Data as on - 29-05-2024
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Mirae Asset Liquid Fund - Regular Plan - Growth 05-01-2009 7.26 6.73 5.62 5.18 6.29
HSBC Liquid Fund - Growth 04-12-2002 9.53 7.9 6.11 5.11 5.91
BANK OF INDIA Liquid Fund- Regular Plan- Growth 16-07-2008 7.34 6.81 5.69 5.17 6.4
Axis Liquid Fund - Regular Plan - Growth Option 05-10-2009 7.31 6.79 5.68 5.23 6.46
Canara Robeco Liquid Fund - Regular Plan - Growth Option 05-07-2008 7.28 6.77 5.64 5.05 6.3
Mahindra Manulife Liquid Fund - Regular Plan - Growth 04-07-2016 7.28 6.77 5.66 5.24 0.0
Union Liquid Fund - Growth Option 15-06-2011 7.27 6.76 5.65 5.2 5.98
Invesco India Liquid Fund - Growth 17-11-2006 7.26 6.73 5.62 5.13 6.4
LIC MF Liquid Fund-Regular Plan-Growth 13-03-2002 7.26 6.7 5.58 5.17 6.38
HSBC Liquid Fund - Regular Growth 01-06-2004 7.26 6.74 5.63 5.16 6.4

PORTFOLIO ANALYSIS of Mirae Asset Liquid Fund - Regular Plan - Growth

Asset Allocation (%)