NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹1157.73
0.40%
NAV as on 16 Jan 25, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 16 Jan 25, 12:00 AM
low to moderate risk
liquid
liquid
4.31%p.a.
Last 1Y
5.35%p.a.
Last 3Y
4.65%p.a.
Last 5Y
4.93%p.a.
Since Inception
About Mirae Asset Liquid Fund Monthly Payout of Income Dis cum Cptl Wrdl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mirae Asset Liquid Fund Monthly Payout of Income Dis cum Cptl Wrdl scheme from Mirae Asset Investment Managers (India) Private Limited. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Jan 2009, Mirae Asset Liquid Fund Monthly Payout of Income Dis cum Cptl Wrdl is Liquid fund of its category with 15,672.78 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
- Mirae Asset Liquid Fund Monthly Payout of Income Dis cum Cptl Wrdl delivered 4.3% annual returns during the last year. It has delivered 4.9% average annual returns since the fund was launched.
- Mirae Asset Liquid Fund Monthly Payout of Income Dis cum Cptl Wrdl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund Objective
The investment objective of the scheme is to generate consistent returns with a high level of liquidity in a judicious portfolio mix comprising of money market and debt instruments. The Scheme does not guarantee any returns.
Top 10 Holdings
Punjab National Bank
2.51%
Reliance Retail Ventures Limited
2.15%
Axis Bank Ltd.
2.14%
91 DTB 13022025
2.13%
91 Days Tbill Red 27-02-2025
2.13%
Small Industries Development Bank Of India
2.12%
Small Industries Development Bank Of India
1.96%
Reliance Retail Ventures Limited
1.60%
Tata Steel Limited
1.44%
Reliance Industries Limited
1.43%
Fund Managers
- Amit Modani (Nov 2024 - Present)
- Abhishek Iyer (Dec 2020 - Present)
Key Information
View Scheme Document
Mirae Asset Liquid Fund Monthly Payout of Income Dis cum Cptl Wrdl SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Mirae Asset Liquid Fund Monthly Payout of Income Dis cum Cptl Wrdl
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Mirae Asset Liquid Fund Monthly Payout of Income Dis cum Cptl Wrdl?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mirae Asset Liquid Fund Monthly Payout of Income Dis cum Cptl Wrdl
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
HDFC Liquid Fund Daily Reinvestment of Income Distribution cum Capital Wdrl Opt
low to moderate risk | liquid
6.1%
HDFC Liquid Fund Monthly Payout of Income Distribution cum Capital Wdrl Opt
low to moderate risk | liquid
6.3%
HDFC Liquid Fund Growth
low to moderate risk | liquid
6.3%
Frequently Asked Questions
Explore Other Mirae Funds
Funds
3Y Return
Mirae Asset Large Cap Fund Growth
very high risk | equity
11.6%
Mirae Asset Large Cap Fund Payout of Income Distribution cum capital withdrawal
very high risk | equity
11.3%
Mirae Asset Large Cap Fund Reinvestment of Income Distribution cum capital withdrawal
very high risk | equity
11.3%
Copyright | 2021 @ SBNRI | All Rights Reserved