Mirae Asset Liquid Fund vs The Wealth Company Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Mirae Asset Liquid Fund and The Wealth Company Liquid Fund are both Liquid funds. In the year to 30-10-2026, Mirae Asset Liquid Fund (Direct) returned 6.4% and The Wealth Company Liquid Fund (Direct) returned 6.5%. Mirae Asset Liquid Fund charges 0.09% a year and The Wealth Company Liquid Fund 0.10% (Direct plans). Their portfolios overlap 11.1%: they hold 13 of the same securities.
Mirae Asset Liquid Fund
Liquid
- 1 year return
- 6.4%
- Expense ratio
- 0.09%
- NAV
- ₹3,020.32
The Wealth Company Liquid Fund
Liquid
- 1 year return
- 6.5%
- Expense ratio
- 0.10%
- NAV
- ₹1,068.66
Which is better, Mirae Asset Liquid or The Wealth Company Liquid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- The Wealth Company Liquid returned more over 1 year: 6.5% against 6.4%.
- Mirae Asset Liquid costs less: 0.09% a year against 0.10% (Direct plans).
- The Wealth Company Liquid fell less in its worst fall since 16-10-2025: −0.0% against −0.0%.
- Mirae Asset Liquid is the larger fund: ₹14,887 Cr against ₹852 Cr.
- Their portfolios overlap 11.1%: 13 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Mirae Asset Liquid Fund | The Wealth Company Liquid Fund |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | The Wealth Company Mutual Fund |
| Category | Liquid | Liquid |
| AUM | ₹14,887 Cr (30-09-2026) | ₹852 Cr (30-09-2026) |
| NAV | ₹3,020.32 (Direct) | ₹1,068.66 (Direct) |
| Expense ratio (Direct) | 0.09% | 0.10% |
| Expense ratio (Regular) | 0.20% | 0.27% |
| Riskometer | Not available | Low to Moderate |
| Benchmark | Not available | NIFTY Liquid Index A-I |
| Launch date | Not available | 14-10-2025 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Umesh Sharma, Varun Nanavati, Neeraj Jain |
| Exit load | Not available | Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. |
Mirae Asset Liquid vs The Wealth Company Liquid: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Liquid Fund (Direct) | +0.44% | +1.50% | +3.13% | +6.38% | +6.88% | +6.41% | +6.10% |
| The Wealth Company Liquid Fund (Direct) | +0.46% | +1.53% | +3.21% | +6.52% | -- | -- | -- |
| Liquid average | +0.44% | +1.46% | +3.06% | +6.23% | -- | -- | -- |
Category average: the average of the 44 Liquid funds, same plan type.
Mirae Asset Liquid vs The Wealth Company Liquid: Year-wise Returns
| Year | Mirae AssetMirae Asset Liquid | The Wealth CompanyThe Wealth Company Liquid |
|---|---|---|
| 2026to date | +5.31% | +5.46% |
| 2025 | +6.60% | -- |
| 2024 | +7.46% | -- |
| 2023 | +7.13% | -- |
| 2022 | +4.93% | -- |
| 2021 | +3.40% | -- |
Mirae Asset Liquid vs The Wealth Company Liquid: Rolling Returns
Every holding period of both funds
Mirae Asset Liquid vs The Wealth Company Liquid: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-10-2025 to 30-10-2026: 13 instalments, ₹1,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Mirae Asset LiquidMirae Asset Liquid Fund (Direct) | ₹1,30,000 | ₹1,34,764 | ₹4,764 | 6.4% |
| The Wealth Company LiquidThe Wealth Company Liquid Fund (Direct) | ₹1,30,000 | ₹1,34,863 | ₹4,863 | 6.5% |
Mirae Asset LiquidMirae Asset Liquid Fund (Direct)
The Wealth Company LiquidThe Wealth Company Liquid Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Mirae Asset Liquid vs The Wealth Company Liquid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset Liquid Fund (Direct) | The Wealth Company Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.38% | +6.52% |
| Standard deviation | 0.18% | 0.19% |
| Sharpe ratio | 6.25 | 6.74 |
| Sortino ratio | 14.51 | 21.60 |
| Maximum drawdown | −0.0% (07-07-2026) | −0.0% (07-07-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Mirae Asset Liquid Fund (Direct) | The Wealth Company Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.70% | +6.50% |
| Standard deviation | 0.20% | 0.19% |
| Sharpe ratio | 3.19 | 6.63 |
| Sortino ratio | 7.90 | 21.23 |
| Maximum drawdown | −0.2% (24-03-2020) | −0.0% (07-07-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Mirae Asset Liquid Fund (Direct)
The Wealth Company Liquid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset Liquid Fund (Direct) | −0.0% | 05-07-2026 | 07-07-2026 | 09-07-2026 | 2 days | 0.0% |
| The Wealth Company Liquid Fund (Direct) | −0.0% | 05-07-2026 | 07-07-2026 | 09-07-2026 | 2 days | 0.0% |
From daily values since 16-10-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Mirae Asset Liquid Fund (Direct)
The Wealth Company Liquid Fund (Direct)
Mirae Asset Liquid vs The Wealth Company Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Liquid Fund, September 2026; The Wealth Company Liquid Fund, September 2026
Holdings in common
- Overlap
- 11.1%
- Held by both
- 13
- Only in Mirae Asset Liquid
- 111
- Only in The Wealth Company Liquid
- 18
| Security | % of Mirae Asset Liquid | % of The Wealth Company Liquid |
|---|---|---|
| Canara Bank (MD 04/12/2026) | 3.32% | 2.90% |
| Small Industries Development Bank of India (MD 27/10/2026) | 1.34% | 2.80% |
| 91 Days Treasury Bills (MD 05/11/2026) | 1.34% | 1.75% |
| Indian Bank (MD 06/11/2026) | 1.34% | 2.91% |
| Small Industries Development Bank of India (MD 03/12/2026) | 0.83% | 2.90% |
| Motilal Oswal Financial Services Ltd. (MD 11/11/2026) | 0.67% | 2.91% |
| LIC Housing Finance Ltd. (MD 26/11/2026) | 0.67% | 2.90% |
| 91 Days Treasury Bills (MD 29/10/2026) | 2.01% | 0.58% |
| ICICI Securities Ltd. (MD 04/11/2026) | 0.33% | 0.35% |
| REC Ltd. (MD 23/11/2026) | 0.33% | 5.81% |
| Bank of India (MD 15/12/2026) | 0.33% | 2.89% |
| Corporate Debt Market Development Fund - Class A2 | 0.30% | 0.30% |
| Export-Import Bank of India (MD 11/11/2026) | 0.17% | 2.91% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.1% means 11.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Mirae Asset Liquid Fund
| Security | % of fund |
|---|---|
| 91 Days Treasury Bills (MD 24/12/2026) | 3.98% |
| HDFC Bank Ltd. (MD 04/12/2026) | 3.49% |
| Small Industries Development Bank of India (MD 10/11/2026) | 3.34% |
| Bank of Baroda (MD 06/11/2026) | 2.84% |
| 91 Days Treasury Bills (MD 12/11/2026) | 2.67% |
Largest holdings only in The Wealth Company Liquid Fund
| Security | % of fund |
|---|---|
| Bank of Baroda 16-OCT-2026 | 8.72% |
| NTPC Limited 09-OCT-2026 | 5.86% |
| Axis Bank Limited 16-DEC-2026 | 5.79% |
| Bajaj Financial Securities Ltd 16-OCT-2026 | 5.26% |
| 364 Days Treasury Bill 02-Oct-2026 | 4.69% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset Liquid | The Wealth Company Liquid |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 119.3% | 95.2% |
| Cash and others | -19.3% | 4.8% |
Mirae Asset Liquid vs The Wealth Company Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Liquid Fund | The Wealth Company Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.09% | 0.10% |
| Base expense ratio (Direct) | 0.08% | 0.08% |
| Total expense ratio (Regular) | 0.20% | 0.27% |
| Base expense ratio (Regular) | 0.17% | 0.23% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Mirae Asset Liquid with
Mirae Asset Liquid Fund vs The Wealth Company Liquid Fund: Frequently Asked Questions
What is the difference between Mirae Asset Liquid Fund and The Wealth Company Liquid Fund?
Both are Liquid funds, run by Mirae Asset Mutual Fund and The Wealth Company Mutual Fund. Their portfolios overlap 11.1%. Mirae Asset Liquid Fund charges 0.09% a year and The Wealth Company Liquid Fund 0.10%.
Which has given higher returns, Mirae Asset Liquid Fund or The Wealth Company Liquid Fund?
Over 1 year: Mirae Asset Liquid Fund +6.38%, The Wealth Company Liquid Fund +6.52%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Mirae Asset Liquid Fund or The Wealth Company Liquid Fund?
Mirae Asset Liquid Fund charges less: 0.09% a year against 0.10%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Mirae Asset Liquid Fund and The Wealth Company Liquid Fund overlap?
11.1%. They hold 13 of the same securities, the largest shared ones being Canara Bank (MD 04/12/2026), Small Industries Development Bank of India (MD 27/10/2026), 91 Days Treasury Bills (MD 05/11/2026). From each fund's latest monthly portfolio.
Can I invest in both Mirae Asset Liquid Fund and The Wealth Company Liquid Fund?
Yes. 11.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.