Income is distributed, which is why this NAV sits below the growth plan of the same fund.
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returnsNAV history
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable ETF funds (same plan and option) to rank against yet.
Not enough Debt ETF peers to rank yet
Volatility 0.0% (no category average yet)
0.2% expense (no category average yet)
0% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
No standout strengths identified.
Concerns
- Positive in only 0% of rolling 3-year windows
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Debt ETF)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | 0.00% | — | — |
| 3M abs | 0.00% | — | — |
| 6M abs | 0.00% | — | — |
| 1Y CAGR | 0.00% | — | — |
| 3Y CAGR | 0.00% | — | — |
| 5Y CAGR | — | — | — |
Category average across peers in Debt ETF, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into Mirae Asset Nifty 1D Rate Liquid ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | 0.00% | |
| 2025 | 0.00% | |
| 2024 | 0.00% | |
| 2023part | 0.00% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Cash & Equivalents100.00%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹1,316Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Mirae Asset Mutual Fund is the Indian arm of Mirae Asset, the South Korean manager, and has operated here since 2008. Its growth came largely from a small number of large equity schemes rather than a wide line-up.
Fund Managers
PKPranavi KulkarniManaging since 14 Aug 2026
MBA (Finance) | Symbiosis International University, B.E. (Computer Science) | Mumbai University
Ms. Pranavi Kulkarni has over 16 years of experience in the financial sector. Prior to this assignment, Ms. Kulkarni was associated with Edelweiss Asset Management Ltd as Fund Manager. Ms. Kulkarni has also worked with CRISIL Ltd and Yes Bank
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Explore from here
Mirae Asset in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Multi-asset allocation mutual funds: Nippon India, HDFC feature among SIP top performers and laggards
The Economic Times · 2d ago
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Mirae Asset MF introduces Life Cycle Fund 2056
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Outlook Money · 7d ago
NFO Alert: Mirae Asset Mutual Fund launches Mirae Asset Life Cycle Fund 2056
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Index funds & ETFs
Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.
Frequently asked questions
What is the NAV of Mirae Asset Nifty 1D Rate Liquid ETF?
As of 04 Oct 2026, the NAV of Mirae Asset Nifty 1D Rate Liquid ETF is ₹1,000.00 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Mirae Asset Nifty 1D Rate Liquid ETF delivered?
Mirae Asset Nifty 1D Rate Liquid ETF has returned 0.00% over 1 year, 0.00% per year over 3 years and 0.00% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Mirae Asset Nifty 1D Rate Liquid ETF?
Mirae Asset Nifty 1D Rate Liquid ETF charges an expense ratio of 0.21% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
How risky is Mirae Asset Nifty 1D Rate Liquid ETF?
Mirae Asset Nifty 1D Rate Liquid ETF is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.0% and its worst peak-to-trough fall in our sample was 0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Mirae Asset Nifty 1D Rate Liquid ETF?
Mirae Asset Nifty 1D Rate Liquid ETF is benchmarked against the Nifty 1D Rate Index. Its alpha and beta on this page are measured against that index.
Who manages Mirae Asset Nifty 1D Rate Liquid ETF?
Mirae Asset Nifty 1D Rate Liquid ETF is managed by Pranavi Kulkarni at Mirae Asset.
How is Mirae Asset Nifty 1D Rate Liquid ETF taxed?
Mirae Asset Nifty 1D Rate Liquid ETF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.