Mirae Asset Nifty 1D Rate Liquid ETF-IDCW
Debt: Overnight - IDCW Daily (Open ended) Factsheet
SEBI Riskometer: LowCategory: Debt: OvernightBenchmark: NIFTY 1D Rate IndexCheck Portfolio Overlap →
₹999.99+0.00%
07 Sept 2026
Tracking Difference
Annualised return gap between Mirae Asset Nifty 1D Rate Liquid ETF-IDCW and its benchmark index over 1Y, 3Y, 5Y and 10Y periods, compared to the average of all funds tracking the same benchmark.
| Name | 1 Y | 3 Y | 5 Y | 10 Y |
|---|---|---|---|---|
| Fund | -0.99% | -0.80% | - | - |
| Avg. of funds with same benchmark | -0.99% | -0.80% | - | - |
Rolling Returns Analysis
Rolling annualized returns of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 15 Apr, 2024 - 07 Sep, 2026 | 27 Aug, 2025 - 07 Sep, 2026 | - | - |
| Average returns | 3.94% | 3.92% | - | - |
| Standard deviation | 0.43% | 0.17% | - | - |
| Best returns | 4.70% 1 year ending on 15 Apr, 2024 | 4.26% 3 years ending on 27 Aug, 2025 | - | - |
| Worst returns | 3.27% 1 year ending on 30 Aug, 2026 | 3.65% 3 years ending on 07 Sep, 2026 | - | - |
| Period with positive return | 100.00% | 100.00% | - | - |
| Period with return > 5% | 0.00% | 0.00% | - | - |
| Period with return > 10% | 0.00% | 0.00% | - | - |
| Period with return > 15% | 0.00% | 0.00% | - | - |
| Beat % Category | 0.00% | 0.00% | - | - |
| Beat % Benchmark | 30.70% | 0.00% | - | - |
Trailing Returns
Point-to-point returns of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
-5%
0%
5%
10%
3.3%
3.4%
-8.1%
YTD
0.4%
0.4%
-3.2%
1 M
2.4%
2.5%
-1.9%
6 M
4.9%
5.2%
-5.0%
1 Y
5.7%
6.0%
7.7%
3 Y
5.6%
7.8%
5 Y
5.2%
11.7%
10 Y
Fund
Debt: Overnight
NIFTY 1D Rate Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | 3.25% | 0.36% | 2.39% | 4.88% | 5.73% | - | - | 5.77% |
| Debt: Overnight | 3.44% | 0.40% | 2.53% | 5.15% | 5.96% | 5.58% | 5.24% | - |
| NIFTY 1D Rate Index | -8.14% | -3.18% | -1.95% | -4.99% | 7.68% | 7.77% | 11.65% | - |
| Rank in category | 46 | 54 | 47 | 43 | 35 | - | - | - |
| Funds in category | 53 | 55 | 53 | 52 | 40 | 30 | 3 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
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Frequently Asked Questions
What are the 1-year returns of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW?
Mirae Asset Nifty 1D Rate Liquid ETF-IDCW has delivered a 1-year return of 4.88% as of 6 Sep 2026. During the same period, its benchmark NIFTY 1D Rate Index returned -4.99%. The fund has outperformed its benchmark over this period.
What are the 3-year returns of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW?
Mirae Asset Nifty 1D Rate Liquid ETF-IDCW has delivered a 3-year CAGR of 5.73% as of 6 Sep 2026. Its benchmark NIFTY 1D Rate Index returned 7.68% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year ETF performance as it smooths out year-to-year volatility.
What are the 5-year returns of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW?
The 5-year CAGR for Mirae Asset Nifty 1D Rate Liquid ETF-IDCW is shown in the Trailing Returns section above.
What are the returns of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW since inception?
Since its launch on 27 Jul 2023, Mirae Asset Nifty 1D Rate Liquid ETF-IDCW has delivered a CAGR of 5.77%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Mirae Asset Nifty 1D Rate Liquid ETF-IDCW performed vs its category over the long term?
Over the long term, Mirae Asset Nifty 1D Rate Liquid ETF-IDCW has ranked 35 out of 40 funds in the Debt: Overnight category on a 3-year basis, and - on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW?
The Sharpe ratio of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW is -0.39 (as of 6 Sep 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW?
The alpha of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW is shown in the Alpha, Beta & Sharpe section above.
What is the beta of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW?
The beta of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW is shown in the Alpha, Beta & Sharpe section above.
What are the rolling returns of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW?
The average 1-year and 3-year rolling returns of Mirae Asset Nifty 1D Rate Liquid ETF-IDCW is 3.94% and 3.92% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.