Mirae Asset
Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend
Category
Liquid
Plan type
Dividend
Structure
Open-ended
AMFI Scheme Code
107658
ISIN (Growth)
—
ISIN (Dividend)
—
Returns matrix
Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).
| Window | Fund | Category avg | +/− vs avg | Rank | Quartile |
|---|---|---|---|---|---|
| 1D | +0.03% | +0.34% | -0.31 | 8 / 110 | Q1 |
| 1W | +0.16% | +0.31% | -0.14 | 7 / 107 | Q1 |
| 2W | +0.31% | +0.36% | -0.06 | 13 / 106 | Q1 |
| 1M | +0.61% | +0.37% | +0.24 | 14 / 106 | Q1 |
| 3M | +1.91% | +0.70% | +1.21 | 13 / 105 | Q1 |
| 6M | +3.78% | -0.73% | +4.51 | 13 / 105 | Q1 |
| YTD | +4.38% | -1.59% | +5.97 | 12 / 102 | Q1 |
| 1Y | — | — | — | — | — |
| 2Y | — | — | — | — | — |
| 3Y | — | — | — | — | — |
| 4Y | — | — | — | — | — |
| 5Y | +0.88% | +0.08% | +0.80 | 24 / 76 | Q2 |
| 7Y | — | — | — | — | — |
| 10Y | — | — | — | — | — |
| Inception | +0.84% | -1.26% | +2.10 | 34 / 110 | Q2 |
Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%
Calendar-year returns
Full-year performance vs category average. Current year is partial (year-to-date).
| Year | Fund | Category avg | +/− vs avg | Rank |
|---|---|---|---|---|
| 2013 YTD | +4.38% | +0.78% | +3.60 | 16 / 64 |
| 2012 | — | — | — | — |
| 2011 | — | — | — | — |
| 2010 | — | — | — | — |
| 2009 | — | — | — | — |
| 2008 | — | — | — | — |
Rolling returns
Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.
1-Year rolling
—
Insufficient history
3-Year rolling
—
Insufficient history
5-Year rolling
+0.64%
5 windows
min 0.4% · max 0.9%
100% positive
Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.
7-Year rolling
—
Insufficient history
Recent NAVs
| Date | NAV |
|---|---|
| 30 Jul 2013 | ₹1,045.8511 |
| 29 Jul 2013 | ₹1,045.5319 |
| 28 Jul 2013 | ₹1,045.2128 |
| 26 Jul 2013 | ₹1,044.7872 |
| 25 Jul 2013 | ₹1,044.5745 |
| 24 Jul 2013 | ₹1,044.3617 |
| 23 Jul 2013 | ₹1,044.1489 |
| 22 Jul 2013 | ₹1,043.9362 |
| 21 Jul 2013 | ₹1,043.7234 |
| 19 Jul 2013 | ₹1,043.2979 |
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Frequently asked questions
These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.
Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend is a Liquid from Mirae Asset (Institutional plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.
Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend has NAV history starting from 31 Mar 2008, a track record of about 18 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.
Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend is managed by Mirae Asset. It's classified by AMFI under the 'Liquid' SEBI category, which determines its peer set and tax treatment.
Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend doesn't have a complete 1-year window yet (we need at least 1 year of NAVs). Check the shorter-window returns above.
Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend doesn't have a complete 3-year window yet (we need at least 3 year of NAVs). Check the shorter-window returns above.
Over the trailing 5-year window, Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend has delivered a CAGR of 0.88% — +0.8 pp ahead of the Liquid category average of 0.08%. The fund ranks #24 of 76 in its category — the second (Q2) quartile.
₹1 lakh invested in Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend exactly 5 years ago would be worth approximately ₹104,481 today — a multiplier of 1.04×, based on the 5-year CAGR of 0.88%. The category average over the same window would have grown ₹1 lakh to ₹100,422.
We don't have enough NAV history yet to simulate a SIP on Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend. The fund typically needs 12+ months for a 1-year SIP backtest.
Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend doesn't have enough SIP-backtest history yet. Check the 1-year SIP simulation above as soon as it has 12+ months of NAVs.
On a 5-year basis, Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend ranks #24 out of 76 funds in the Liquid category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 0.08%; this fund delivered 0.88%.
Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend doesn't have a computed drawdown figure yet.
Across all 5-year rolling windows, Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend averaged 0.64% (best 0.88%, worst 0.40%). 100% of rolling windows ended positive.
We don't yet have a completed calendar-year return for Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend.
Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.
We don't give personal investment advice. Mirae Asset Liquid Fund- Institutional Plan - Weekly Dividend is suitable for an investor whose:
- time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
- primary goal is capital preservation or steady accrual, not high growth
- tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.
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