ETFDebt ETFGrowthModerate

Mirae Asset Nifty 1D Rate Liquid ETF

Q: What is the NAV of Mirae Asset Nifty 1D Rate Liquid ETF?

As of 20 Aug 2026, the NAV of Mirae Asset Nifty 1D Rate Liquid ETF is ₹1,099.64 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Mirae Asset Nifty 1D Rate Liquid ETF delivered?

Mirae Asset Nifty 1D Rate Liquid ETF has returned +5.07% over 1 year and +5.45% 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.

Q: 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.

Q: How risky is Mirae Asset Nifty 1D Rate Liquid ETF?

It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.1% 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.

Q: 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 TRI. Its alpha and beta on this page are measured against that index.

Q: 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.

Mirae Asset Mutual Fund

Income is retained in the fund, so it shows up as NAV rather than as a payout.

NAV

₹1,099.64

+0.01% 1D

as of 20 Aug 2026

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NAV history

+5.08%CAGR

52-week rangePrev NAV ₹1,099.50

Latest ₹1,099.64

Low ₹1,046.57100th percentile of its 52-week rangeHigh ₹1,099.64

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

Exit Load

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

08 Nov 2024

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.44%

Absolute return over the last 3 months (not annualized)

+1.25%

Absolute return over the last 6 months (not annualized)

+2.45%

Absolute return since 1 Jan of this year (not annualized)

+3.12%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+5.07%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

+5.45%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.09%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

0.00%

Benchmark ratios

Not shown for Debt ETF — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Debt ETF)

Period	Fund	Category avg.	Diff
1M abs	+0.44%	—	—
3M abs	+1.25%	—	—
6M abs	+2.45%	—	—
1Y CAGR	+5.07%	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Debt ETF (up to 3 funds with data), 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.

Rolling returns

Return for every possible 1Y holding period, not just today’s

Average

+5.3%

Median

+5.2%

Best

+5.8%

Worst

+5.1%

Positive periods

100.0%

10 overlapping 1Y windows, sampled monthly across the fund’s history.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.23L

Absolute

+2.28%

XIRR

+5.01%

Value vs. invested

12 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	+3.13%
2025	+5.60%
2024part	+0.93%

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.

History points

582

Expense ratio

AUM

Portfolio turnover

Exit load

P/E ratio

P/B ratio

Avg market cap

Taxation

Taxed as debt

This 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.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

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.

Peer comparison · Debt ETF

Compare all


Mirae Asset Nifty 1D Rate Liquid ETFThis fund Mirae Asset	★★★★★ 1Y CAT	+5.07%	—	—	—	0.21%	₹1,316Cr
UTI Nifty 5 yr Benchmark G-Sec ETF UTI	★★★☆☆ 1Y CAT	+5.80%	—	—	—	0.23%	₹2.27Cr
UTI Nifty 10 yr Benchmark G-Sec ETF UTI	★★☆☆☆ 1Y CAT	+2.96%	—	—	—	0.30%	₹1.06Cr
UTI Nifty 1D Rate Liquid ETF UTI	—	—	—	—	—	0.21%	₹30.51Cr
Mirae Asset Nifty 8-13 yr G-Sec ETF Mirae Asset	★★☆☆☆ CAT	+4.81%	+7.48%	—	—	0.11%	₹79.58Cr
Aditya Birla Sun Life CRISIL Liquid Overnight ETF - IDCW Daily Reinvestment with Aditya Birla Sun Life	—	0.00%	0.00%	—	—	0.44%	₹32.14Cr

Fund size over time

Quarterly average AUM · AMFI

₹1,316Cr

April - June 2026

+8%

since January - March 2026

At 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.

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.

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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 simply track a benchmark such as the Nifty 50 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.

Frequently asked questions

What is the NAV of Mirae Asset Nifty 1D Rate Liquid ETF?

As of 20 Aug 2026, the NAV of Mirae Asset Nifty 1D Rate Liquid ETF is ₹1,099.64 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 +5.07% over 1 year and +5.45% 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?

It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.1% 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 TRI. Its alpha and beta on this page are measured against that index.

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.