Should I invest in Mirae Asset Liquid Fund - Weekly Dividend?

We don't give personal investment advice. Mirae Asset Liquid Fund- Regular 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+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 8.5%. 5-year CAGR: 3.21%.

Mirae Asset

Mirae Asset Liquid Fund- Regular Plan - Weekly 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%	+0.01%	+0.02	4 / 34	Q1
1W	+0.16%	+0.04%	+0.12	4 / 33	Q1
2W	+0.29%	+0.09%	+0.20	3 / 33	Q1
1M	+0.57%	+0.18%	+0.38	5 / 34	Q1
3M	+1.72%	+0.07%	+1.65	4 / 34	Q1
6M	+3.62%	+0.79%	+2.83	4 / 34	Q1
YTD	+4.22%	+1.47%	+2.75	6 / 32	Q1
1Y	+7.52%	+2.17%	+5.34	5 / 32	Q1
2Y	+7.57%	+3.02%	+4.55	5 / 27	Q1
3Y	+6.92%	+3.56%	+3.36	4 / 17	Q1
4Y	+5.81%	+3.15%	+2.67	4 / 17	Q1
5Y	+3.21%	+2.55%	+0.66	6 / 16	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+2.96%	+1.85%	+1.11	9 / 34	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	+4.22%	+2.41%	+1.81	5 / 13
2012	+7.68%	+4.24%	+3.44	8 / 16
2011	+6.64%	+2.94%	+3.70	5 / 16
2010	+3.90%	+1.87%	+2.03	7 / 26
2009	+1.67%	+1.35%	+0.32	11 / 31
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

+3.73%

54 windows

min -7.1% · max 7.7%

87% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+4.07%

30 windows

min -0.4% · max 6.9%

90% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+2.91%

6 windows

min 2.6% · max 3.2%

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

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.30%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.00%

Peak to trough

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
30 Jul 2013	₹1,171.5763
29 Jul 2013	₹1,171.2621
28 Jul 2013	₹1,170.9546
26 Jul 2013	₹1,170.4898
25 Jul 2013	₹1,170.2574
24 Jul 2013	₹1,170.0218
23 Jul 2013	₹1,169.7345
22 Jul 2013	₹1,169.5125
21 Jul 2013	₹1,169.2928
19 Jul 2013	₹1,168.8498

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- Regular Plan - Weekly Dividend is a Liquid from Mirae Asset (Regular 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- Regular Plan - Weekly Dividend has NAV history starting from 06 Mar 2008, a track record of about 18 years 3 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- Regular 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.

Over the trailing 1-year window, Mirae Asset Liquid Fund- Regular Plan - Weekly Dividend has delivered a absolute return of 7.52% — +5.34 pp ahead of the Liquid category average of 2.17%. The fund ranks #5 of 32 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Mirae Asset Liquid Fund- Regular Plan - Weekly Dividend has delivered a CAGR of 6.92% — +3.36 pp ahead of the Liquid category average of 3.56%. The fund ranks #4 of 17 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Mirae Asset Liquid Fund- Regular Plan - Weekly Dividend has delivered a CAGR of 3.21% — +0.66 pp ahead of the Liquid category average of 2.55%. The fund ranks #6 of 16 in its category — the second (Q2) quartile.

₹1 lakh invested in Mirae Asset Liquid Fund- Regular Plan - Weekly Dividend exactly 5 years ago would be worth approximately ₹117,137 today — a multiplier of 1.17×, based on the 5-year CAGR of 3.21%. The category average over the same window would have grown ₹1 lakh to ₹113,435.

A ₹10,000 monthly SIP in Mirae Asset Liquid Fund- Regular Plan - Weekly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹700,214 today. That's an XIRR (money-weighted annualised return) of 6.11%.

Mirae Asset Liquid Fund- Regular Plan - Weekly Dividend doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹700,214 — XIRR 6.11%.

On a 5-year basis, Mirae Asset Liquid Fund- Regular Plan - Weekly Dividend ranks #6 out of 16 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 2.55%; this fund delivered 3.21%.

The worst peak-to-trough decline Mirae Asset Liquid Fund- Regular Plan - Weekly Dividend has experienced over the last 5-year window is 8.49% — its NAV fell from a high on 12 Oct 2008 to a low on 16 Oct 2008. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset Liquid Fund- Regular Plan - Weekly Dividend averaged 2.91% (best 3.21%, worst 2.60%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.85 — negative risk-adjusted performance.

In calendar year 2012, Mirae Asset Liquid Fund- Regular Plan - Weekly Dividend returned 7.68% — beating the Liquid category average of 4.24% by 3.44 pp. It ranked #8 of 16 in its category that year.

Mirae Asset Liquid Fund- Regular 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- Regular 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)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 8.5%. 5-year CAGR: 3.21%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.