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Fund Overview

Fund Size

Fund Size

₹277 Cr

Expense Ratio

Expense Ratio

0.15%

ISIN

ISIN

INF769K01MY5

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

07 Nov 2024

About this fund

This fund has been in existence for 7 months and 12 days, having been launched on 07-Nov-24.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹1037.31, Assets Under Management (AUM) of 277.02 Crores, and an expense ratio of 0.15%.
  • Mirae Asset Nifty 1D Rate Liquid ETF has given a CAGR return of 3.73% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 100.00% in cash & cash equivalents.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+3.73%

(Cat Avg.)

Portfolio Summaryas of 31st May 2025

Others277.02 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement275.67 Cr99.52%
Net Receivables / (Payables)Cash1.34 Cr0.48%

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Repurchase Agreement275.67 Cr99.52%
Cash1.34 Cr0.48%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

0.45%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

-1.09

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

4.23

Higher the better

Fund Managers

Amit Modani

Amit Modani

Since November 2024

Additional Scheme Detailsas of 31st May 2025

ISIN
INF769K01MY5
Expense Ratio
0.15%
Exit Load
-
Fund Size
₹277 Cr
Age
7 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 1D Rate TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

  • For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
  • For investments made before 1 April 2023:
    • If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
    • If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
  • Holding the units: No tax is applicable as long as you hold the units.

Dividend Taxation:

Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of Mirae Asset Nifty 1D Rate Liquid ETF, as of 18-Jun-2025, is ₹1037.31.
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 100.00% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Nifty 1D Rate Liquid ETF are:-
  1. Amit Modani