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Home Mf Research Mirae Asset Liquid Fund Institutional Plan Growth
Mirae Asset Mutual Fund

Mirae Asset Liquid Fund - Institutional Plan - Growth

Debt Debt Liquid
Fund House : Mirae Asset Mutual Fund
Overview
Returns
Portfolio
SIP Calculator
Analysis
Peer Comparison
Fund Family
Scheme Details
-
-
  • 1W
  • 2W
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
  • SI
NAV (as on 2013-07-30)
1,061.44 0.03%
Fund Size (Total Assets)
-
Expense Ratio (Regular)
0.20%
Expense Ratio (Direct)
0.10%
SIP Returns
Period Invested for ₹1000 SIP Started on Investments Latest Value Abs. Returns
One Week 2013-07-23 ₹1,000.00 ₹1,001.57
0.16 %
Two Week 2013-07-15 ₹1,000.00 ₹1,003.16
0.32 %
1 Month 2013-07-01 ₹1,000.00 ₹1,005.65
0.57 %
Three Months 2013-05-01 ₹3,000.00 ₹3,034.07
1.14 %
Six Months 2013-01-31 ₹6,000.00 ₹6,121.90
2.03 %
One Year 2012-07-30 ₹12,000.00 ₹12,442.08
3.68 %
Three Year 2012-04-23 ₹16,000.00 ₹16,626.38
3.91 %
Five Year 2008-07-31 ₹60,000.00 ₹63,037.10
5.06 %
Since Inception 2008-03-05 ₹66,000.00 ₹69,291.81
4.99 %
Portfolio Summary
Company Name Sector Sector Type Nav(in %)
HDFC Bank Limited CD (MD 11/09/2024) Certificate of Deposit CD 2.76
HDFC Bank Limited CD (MD 24/09/2024) Certificate of Deposit CD 2.29
Punjab National Bank CD (MD 26/09/2024) Certificate of Deposit CD 2.29
Others Certificate of Deposit CD 25.80
National Housing Bank CP (MD 28/08/2024) Commercial Paper CP 2.76
National Bank For Agri & Rural CP (MD 11/09/2024) Commercial Paper CP 1.84
Reliance Retail Ventures Ltd CP (MD 16/08/2024) Commercial Paper CP 1.39
Others Commercial Paper CP 43.97
7% Hindustan Petroleum NCD Sr 2 (MD 14/08/2024) Corporate Bond Corporate Bond 0.47
91 Days Tbill (MD 05/09/2024) Treasury Bill Tbill 2.76
91 Days Tbill (MD 15/08/2024) Treasury Bill Tbill 2.59
91 Days Tbill (MD 25/07/2024) Treasury Bill Tbill 2.51
182 Days Tbill (MD 22/08/2024) Treasury Bill Tbill 2.31
91 Days Tbill (MD 26/09/2024) Treasury Bill Tbill 1.38
182 Days Tbill (MD 01/08/2024) Treasury Bill Tbill 0.93
Others Treasury Bill Tbill 5.31
Class A2 units of Corporate Debt Market Development Fund Corporate Debt Market Development Fund Fund 0.20
Cash & Other Receivables Cash - -1.57
SIP Calculator
Risk Ratios
Standard Deviation
-
Beta
-
Sharpe Ratio
-
Lock In Period
-
Residual Maturity
-
Standard Deviation:
Standard deviation numbers measure the variability or volatility of a fund's returns over a specific time period (often 3 years).
  • Low standard deviation = Stable, predictable returns → Suitable for conservative investors seeking stability.
  • High standard deviation = High volatility, more risk → Be cautious, suitable for risk-tolerant investors who can handle fluctuations.
Beta:
Beta measures a fund's volatility about the market or a benchmark. A lower beta means the fund's performance is less sensitive to market movements, making it more predictable compared to the market.
  • Low beta = Less sensitive to market changes → Great for investors with less market exposure.
  • High beta = More sensitive to market changes → Better for aggressive investors who seek higher returns but can handle market risks.
Sharpe Ratio:
The Sharpe Ratio measures how much return a fund has made compared to the risk it carries. A higher Sharpe ratio indicates better returns relative to the risk taken, meaning the fund delivers more efficiently.
  • A higher Sharpe ratio indicates better risk-adjusted returns → Look for funds with higher ratios for better return efficiency.
  • Use it to compare different funds' efficiency in generating returns relative to the risk taken.
Lock-In Period:

India's "lock-in period" in mutual funds encourages long-term investment, particularly in tax-saving schemes preventing redemption or selling of units.

Lock-in times for various investment types

  • Most ELSS mutual fund holders hold for 3 years.
  • Tax savings FDs lock in for 5 years.
  • The lock-in period for 8% Government of India bond investment is 6 years.
  • ULIPs must be locked in for 5 years.
  • The average hedge fund holding period is 30-90 days.
  • The average PPF investor holds onto their money for 15 years.
Residual Maturity:

Residual maturity is the remaining time until a security reaches its maturity date. It is an important factor for investors to consider when evaluating the risk associated with an investment.

There are two different types of residual maturity.

  • Short-term residual maturity: This occurs when a security has less than a year left on its maturity.
  • Long-term residual maturity: This occurs when a security has more than a year left on its remaining maturity.
Scheme Details
  • Fund manager(s) : Mr. Abhishek Iyer (),
  • Expense ration regular : 0.20
  • Expense ration direct : 0.10
  • Launch date : -
  • Benchmark : -
  • Min SIP amount : -
  • Max SIP amount : -
  • Min investment amount (one time- first time) : ₹-
  • Type : debt

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