+91-22-48913909What is a Recurring Deposit (RD)?
If you know how a Systematic Investment plan (SIP) of Mutual Funds works, then you will easily understand Recurring Deposits! In a Recurring Deposit (RD) a fixed instalment is made every month and interest is paid by the Bank on this amount. Let us understand more about RD account, RD Interest Rates, RD Calculator, RD interest calculator, etc.
Recurring Deposit (RD)
A recurring deposit is an investment cum savings option for those who want to save regularly over a certain period of time and earn a higher interest rate. Every month, a fixed amount of money is deducted either from a Savings Account or a current account. At the end of the maturity period, investors are paid back their invested funds with accrued interest.
At a public sector bank, an RD account can be opened with a minimum amount of as less as INR 100. While, at private sector banks the minimum amount to be deposited is INR 500 to INR 1000, whereas in a Post Office one can open an account at just INR 10. Some banks have an upper limit of INR 15 lakh, while others don’t have any such upper limit. The tenure for Recurring Deposit is a minimum of three months and maximum of 10 years.
Features of RD Account
- It inculcates a habit of savings amongst people
- The rate of interest in a Recurring Deposit is high
- RD schemes provide a stable and safe investment option irrespective of market fluctuations
- Investors can close their RD account before the maturity period. But, during the premature withdrawals, investors may have to pay some amount in the form of penalty, depending on the bank.
- Investors can opt for loans up to 60-90% of the balance, against the Recurring Deposit
- The bank may discontinue an account on six missed instalments. But, if the outstanding amount is paid within a month from the last default, it can be revived.
- Recurring Deposits come with a nomination facility
- There is no TDS (Tax Deducted at source) in Recurring Deposits. The interest portion is taxable and will be added to an investor’s income and taxed as per the relevant slab.
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RD Interest Rates
Almost all the major banks in India offer a Recurring Deposit account. The interest rate at every bank may vary, but it typically ranges between 2.75% to 7.50% p.a, and at the post office it is 7.4% (depending on prevailing market condition). Senior citizens get 0.5% extra. The interest rate, once determined does not change during the tenure. Investors who want to pay more than one instalment at a time, can do so.
RD Calculator
A Recurring Deposit calculator is a good way of calculating maturity amount on RD. You can follow this method to estimate your RD amount on maturity.
| RD Calculator | INR |
|---|---|
| Monthly Deposit Amount | 200 |
| RD in month | 60 |
| Rate of Interest | 8% |
| Interest compounding Frequency | Monthly |
| RD Maturity Amount | INR 1,47,933 |
RD Interest Calculator
With the help of RD interest calculator, customers can determine their potential earnings. You need to decide the amount you want to invest monthly and the tenure of investment (example illustrated below).
| RD Interest Calculator | Calculation |
|---|---|
| Amount | INR 1000 |
| Interest Rate | 8% per annum |
| Period | 12 months |
Summary-
- Total Amount Paid-
INR 12,000 - Total Maturity Amount-
INR 12,530 - Total Interest Receivable-
INR 530
Conclusion
Recurring Deposit helps individuals' to get into a habit of saving regularly. If you haven’t made any investment so far, start with a Recurring Deposit. Also, it is a good avenue for creating an emergency fund or contingency fund. It is an ideal way to save a small amount of money every month for your short term and long term Financial goals.
Open a Recurring Deposit account today and save for tomorrow!
Similar Alternatives
In mutual funds one can earn more than RD's with similar safety on principal by Investing in Liquid or Ultra short bond funds as they invest in securities maturing from 30 days to year or so.
Fund Selection Methodology used to find 10 funds
Liquid / Ultra Short Debt Mutual funds
To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However there can be no assurance that the investment objective of the scheme will be achieved. Below is the key information for Axis Liquid Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life Cash Plus Fund) An Open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. Research Highlights for Aditya Birla Sun Life Liquid Fund Below is the key information for Aditya Birla Sun Life Liquid Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Regular Income Fund) The fund’s objective is to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme. Research Highlights for ICICI Prudential Ultra Short Term Fund Below is the key information for ICICI Prudential Ultra Short Term Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Liquid Plan) To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market and debt securities. Research Highlights for ICICI Prudential Liquid Fund Below is the key information for ICICI Prudential Liquid Fund Returns up to 1 year are on "The primary investment objective of the Scheme is to seek to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. However, there can be no assurance that the investment objective of the Scheme will be realized." Research Highlights for DSP Money Manager Fund Below is the key information for DSP Money Manager Fund Returns up to 1 year are on (Erstwhile Invesco India Medium Term Bond Fund) The objective is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. Research Highlights for Invesco India Ultra Short Term Fund Below is the key information for Invesco India Ultra Short Term Fund Returns up to 1 year are on An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through a judicious mix of investment in money market
instruments and quality debt instruments. However, there is no assurance that the investment objective of the Scheme will be realised. Research Highlights for LIC MF Liquid Fund Below is the key information for LIC MF Liquid Fund Returns up to 1 year are on Aims to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures, Government Securities, money market instruments such as treasury bills, commercial paper, certificate of deposit, including repos in permitted securities of different maturities so as to spread the risk across different kinds of issuers in the debt markets. Research Highlights for Kotak Liquid Fund Below is the key information for Kotak Liquid Fund Returns up to 1 year are on To generate income with a high level of liquidity by investing in a portfolio of money market and debt securities. Research Highlights for Baroda Pioneer Liquid Fund Below is the key information for Baroda Pioneer Liquid Fund Returns up to 1 year are on (Erstwhile SBI - Premier Liquid Fund) To provide attractive returns to the Magnum/Unit holders either through
periodic dividends or through capital appreciation through an actively
managed portfolio of debt and money market instruments. Income may be
generated through the receipt of coupon payments, the amortization of the
discount on the debt instruments, receipt of dividends or purchase and sale of
securities in the underlying portfolio. Research Highlights for SBI Liquid Fund Below is the key information for SBI Liquid Fund Returns up to 1 year are on 1. Axis Liquid Fund
Axis Liquid Fund
Growth Launch Date 9 Oct 09 NAV (08 May 26) ₹3,060.65 ↑ 0.51 (0.02 %) Net Assets (Cr) ₹30,188 on 31 Mar 26 Category Debt - Liquid Fund AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Low Expense Ratio 0.23 Sharpe Ratio 3.16 Information Ratio 0 Alpha Ratio 0 Min Investment 500 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.77% Effective Maturity 2 Months 5 Days Modified Duration 2 Months 1 Day Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹10,343 30 Apr 23 ₹10,964 30 Apr 24 ₹11,764 30 Apr 25 ₹12,625 30 Apr 26 ₹13,415 Returns for Axis Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.1% 1 Year 6.3% 3 Year 6.9% 5 Year 6.1% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.6% 2023 7.4% 2022 7.1% 2021 4.9% 2020 3.3% 2019 4.3% 2018 6.6% 2017 7.5% 2016 6.7% 2015 7.6% Fund Manager information for Axis Liquid Fund
Name Since Tenure Devang Shah 5 Nov 12 13.41 Yr. Aditya Pagaria 13 Aug 16 9.64 Yr. Sachin Jain 3 Jul 23 2.75 Yr. Data below for Axis Liquid Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 99.67% Other 0.33% Debt Sector Allocation
Sector Value Cash Equivalent 66% Corporate 22.23% Government 11.44% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Net Receivables / (Payables)
CBLO | -20% -₹6,036 Cr India (Republic of)
- | -6% ₹1,732 Cr 175,000,000 National Bank for Agriculture and Rural Development
Commercial Paper | -6% ₹1,725 Cr 35,000 National Bank For Agriculture And Rural Development
Commercial Paper | -5% ₹1,488 Cr 30,000 National Bank For Agriculture And Rural Development
Commercial Paper | -4% ₹1,238 Cr 25,000 India (Republic of)
- | -4% ₹1,224 Cr 123,560,400 Export Import Bank Of India
Commercial Paper | -3% ₹992 Cr 20,000 Tbill
Sovereign Bonds | -3% ₹992 Cr 100,000,000 Tata Steel Ltd.
Commercial Paper | -3% ₹987 Cr 20,000 HDFC Bank Ltd.
Debentures | -3% ₹986 Cr 20,000 2. Aditya Birla Sun Life Liquid Fund
Aditya Birla Sun Life Liquid Fund
Growth Launch Date 30 Mar 04 NAV (08 May 26) ₹442.803 ↑ 0.07 (0.02 %) Net Assets (Cr) ₹43,022 on 31 Mar 26 Category Debt - Liquid Fund AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0.34 Sharpe Ratio 2.95 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.73% Effective Maturity 2 Months 5 Days Modified Duration 2 Months 5 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹10,341 30 Apr 23 ₹10,960 30 Apr 24 ₹11,754 30 Apr 25 ₹12,611 30 Apr 26 ₹13,395 Returns for Aditya Birla Sun Life Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.1% 1 Year 6.2% 3 Year 6.9% 5 Year 6% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.5% 2023 7.3% 2022 7.1% 2021 4.8% 2020 3.3% 2019 4.3% 2018 6.7% 2017 7.4% 2016 6.7% 2015 7.7% Fund Manager information for Aditya Birla Sun Life Liquid Fund
Name Since Tenure Sunaina Cunha 15 Jul 11 14.72 Yr. Kaustubh Gupta 15 Jul 11 14.72 Yr. Sanjay Pawar 1 Jul 22 3.75 Yr. Data below for Aditya Birla Sun Life Liquid Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 99.67% Other 0.33% Debt Sector Allocation
Sector Value Cash Equivalent 70.49% Corporate 22.11% Government 7.07% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Net Receivables / (Payables)
Net Current Assets | -21% -₹9,197 Cr Tbill
Sovereign Bonds | -6% ₹2,422 Cr 244,000,000 Tbill
Sovereign Bonds | -5% ₹2,251 Cr 226,522,000
↓ -50,000,000 India (Republic of)
- | -5% ₹1,981 Cr 200,000,000 Clearing Corporation Of India Limited
CBLO/Reverse Repo | -4% ₹1,844 Cr Indusind Bank Ltd.
Debentures | -3% ₹1,458 Cr 29,500 Punjab National Bank
Domestic Bonds | -3% ₹1,231 Cr 25,000
↑ 25,000 Canara Bank
Certificate of Deposit | -2% ₹992 Cr 20,000
↑ 20,000 Punjab & Sind Bank
Debentures | -2% ₹989 Cr 20,000 PNB Housing Finance Ltd.
Commercial Paper | -2% ₹960 Cr 19,500
↑ 19,500 3. ICICI Prudential Ultra Short Term Fund
ICICI Prudential Ultra Short Term Fund
Growth Launch Date 3 May 11 NAV (08 May 26) ₹29.1519 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹13,619 on 31 Mar 26 Category Debt - Ultrashort Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.8 Sharpe Ratio 1.95 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Months (0.5%),1 Months and above(NIL) Yield to Maturity 7.73% Effective Maturity 6 Months 29 Days Modified Duration 5 Months 16 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹10,383 30 Apr 23 ₹10,971 30 Apr 24 ₹11,764 30 Apr 25 ₹12,647 30 Apr 26 ₹13,447 Returns for ICICI Prudential Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 2.9% 1 Year 6.3% 3 Year 7% 5 Year 6.1% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.1% 2023 7.5% 2022 6.9% 2021 4.5% 2020 4% 2019 6.5% 2018 8.4% 2017 7.5% 2016 6.9% 2015 9.8% Fund Manager information for ICICI Prudential Ultra Short Term Fund
Name Since Tenure Manish Banthia 15 Nov 16 9.38 Yr. Ritesh Lunawat 15 Jun 17 8.8 Yr. Data below for ICICI Prudential Ultra Short Term Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 56.35% Debt 43.32% Other 0.32% Debt Sector Allocation
Sector Value Corporate 68.41% Cash Equivalent 18.77% Government 12.49% Credit Quality
Rating Value AA 20.78% AAA 79.22% Top Securities Holdings / Portfolio
Name Holding Value Quantity RADHAKRISHNA SECURITISATION TRUST
Unlisted bonds | -3% ₹453 Cr 450 Vedanta Limited
Debentures | -2% ₹351 Cr 35,000 Goi Floating Rate Bond 2028
Sovereign Bonds | -2% ₹311 Cr 30,773,600 Muthoot Finance Ltd
Debentures | -2% ₹297 Cr 29,500
↓ -500 Piramal Finance Limited
Debentures | -2% ₹246 Cr 24,500 AU Small Finance Bank Ltd.
Debentures | -2% ₹236 Cr 5,000 National Bank For Agriculture And Rural Development
Debentures | -1% ₹201 Cr 20,000 Motilal Oswal Home Finance Limited
Debentures | -1% ₹200 Cr 20,000 Nuvama Wealth Finance Limited
Debentures | -1% ₹200 Cr 20,000 Small Industries Development Bank Of India
Debentures | -1% ₹200 Cr 20,000 4. ICICI Prudential Liquid Fund
ICICI Prudential Liquid Fund
Growth Launch Date 17 Nov 05 NAV (08 May 26) ₹406.587 ↑ 0.07 (0.02 %) Net Assets (Cr) ₹42,888 on 31 Mar 26 Category Debt - Liquid Fund AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Low Expense Ratio 0.29 Sharpe Ratio 2.87 Information Ratio -0.18 Alpha Ratio -0.01 Min Investment 500 Min SIP Investment 99 Exit Load NIL Yield to Maturity 7.72% Effective Maturity 2 Months 1 Day Modified Duration 1 Month 25 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹10,337 30 Apr 23 ₹10,945 30 Apr 24 ₹11,737 30 Apr 25 ₹12,591 30 Apr 26 ₹13,366 Returns for ICICI Prudential Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.1% 1 Year 6.2% 3 Year 6.9% 5 Year 6% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.5% 2023 7.4% 2022 7% 2021 4.8% 2020 3.2% 2019 4.3% 2018 6.6% 2017 7.4% 2016 6.6% 2015 7.7% Fund Manager information for ICICI Prudential Liquid Fund
Name Since Tenure Nikhil Kabra 1 Dec 23 2.33 Yr. Darshil Dedhia 12 Jun 23 2.81 Yr. Data below for ICICI Prudential Liquid Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 99.73% Other 0.27% Debt Sector Allocation
Sector Value Cash Equivalent 69.82% Corporate 25.87% Government 4.04% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps
CBLO/Reverse Repo | -8% ₹4,181 Cr Reverse Repo (3/16/2026)
CBLO/Reverse Repo | -8% ₹4,000 Cr National Bank For Agriculture And Rural Development
Commercial Paper | -5% ₹2,571 Cr 52,000 Axis Bank Limited
Certificate of Deposit | -3% ₹1,484 Cr 30,000
↑ 30,000 Small Industries Development Bank Of India
Commercial Paper | -3% ₹1,483 Cr 30,000 Indusind Bank Limited
Certificate of Deposit | -3% ₹1,480 Cr 30,000 Small Industries Dev Bank Of India
Commercial Paper | -2% ₹1,233 Cr 25,000 National Bank For Agriculture And Rural Development
Commercial Paper | -2% ₹1,185 Cr 24,000 Small Industries Dev Bank Of India
Commercial Paper | -2% ₹998 Cr 20,000 IDBI Bank Ltd
Domestic Bonds | -2% ₹989 Cr 20,000 5. DSP Money Manager Fund
DSP Money Manager Fund
Growth Launch Date 31 Jul 06 NAV (08 May 26) ₹3,572.2 ↑ 0.65 (0.02 %) Net Assets (Cr) ₹3,560 on 31 Mar 26 Category Debt - Ultrashort Bond AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆ Risk Moderately Low Expense Ratio 1.02 Sharpe Ratio 0.31 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.71% Effective Maturity 8 Months 8 Days Modified Duration 5 Months 16 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹10,302 30 Apr 23 ₹10,833 30 Apr 24 ₹11,578 30 Apr 25 ₹12,422 30 Apr 26 ₹13,147 Returns for DSP Money Manager Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 2.8% 1 Year 5.9% 3 Year 6.7% 5 Year 5.6% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.7% 2023 6.9% 2022 6.7% 2021 4.1% 2020 2.9% 2019 4.7% 2018 7.3% 2017 5% 2016 6% 2015 7.5% Fund Manager information for DSP Money Manager Fund
Name Since Tenure Karan Mundhra 31 May 21 4.84 Yr. Shalini Vasanta 1 Jan 25 1.24 Yr. Data below for DSP Money Manager Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 58.55% Debt 41.01% Other 0.44% Debt Sector Allocation
Sector Value Corporate 71.22% Cash Equivalent 16.06% Government 12.28% Credit Quality
Rating Value AA 23.6% AAA 76.4% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -6% ₹231 Cr 22,000 Godrej Properties Limited
Debentures | -4% ₹133 Cr 12,500 5.63% Govt Stock 2026
Sovereign Bonds | -2% ₹87 Cr 8,500,000
↑ 5,000,000 Aditya Birla Renewables Limited
Debentures | -2% ₹78 Cr 7,500 Rec Limited
Debentures | -2% ₹78 Cr 7,500 Aadhar Housing Finance Limited
Debentures | -2% ₹77 Cr 7,200 Nuvama Wealth Finance Limited
Debentures | -1% ₹53 Cr 5,000 Cholamandalam Investment And Finance Company Limited
Debentures | -1% ₹53 Cr 5,000 Rec Limited
Debentures | -1% ₹52 Cr 5,000 Power Finance Corporation Limited
Debentures | -1% ₹52 Cr 5,000 6. Invesco India Ultra Short Term Fund
Invesco India Ultra Short Term Fund
Growth Launch Date 30 Dec 10 NAV (08 May 26) ₹2,833.36 ↑ 0.22 (0.01 %) Net Assets (Cr) ₹963 on 31 Mar 26 Category Debt - Ultrashort Bond AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.74 Sharpe Ratio 1.04 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.66% Effective Maturity 6 Months 1 Day Modified Duration 5 Months 24 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹10,314 30 Apr 23 ₹10,850 30 Apr 24 ₹11,625 30 Apr 25 ₹12,488 30 Apr 26 ₹13,244 Returns for Invesco India Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 2.8% 1 Year 6.1% 3 Year 6.9% 5 Year 5.8% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.8% 2023 7.5% 2022 6.6% 2021 4.1% 2020 3% 2019 5.1% 2018 7.6% 2017 7.3% 2016 7.1% 2015 9.1% Fund Manager information for Invesco India Ultra Short Term Fund
Name Since Tenure Krishna Cheemalapati 4 Jan 20 6.24 Yr. Vikas Garg 27 Jul 21 4.68 Yr. Data below for Invesco India Ultra Short Term Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 47.94% Debt 51.65% Other 0.42% Debt Sector Allocation
Sector Value Corporate 54.31% Cash Equivalent 29.72% Government 15.55% Credit Quality
Rating Value AA 15.72% AAA 84.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -10% ₹100 Cr 10,000,000 Rec Limited
Debentures | -8% ₹75 Cr 7,500,000 Small Industries Development Bank Of India
Debentures | -7% ₹65 Cr 6,500,000 Export Import Bank Of India
Debentures | -5% ₹50 Cr 5,000,000 Sundaram Home Finance Limited
Debentures | -4% ₹35 Cr 3,500,000 Power Finance Corporation Limited
Debentures | -4% ₹35 Cr 3,500,000 Manappuram Finance Limited
Debentures | -3% ₹28 Cr 2,800,000 Piramal Finance Limited
Debentures | -3% ₹25 Cr 2,500,000 Aadhar Housing Finance Limited
Debentures | -3% ₹25 Cr 2,500,000 TATA Projects Limited
Debentures | -3% ₹25 Cr 2,500,000 7. LIC MF Liquid Fund
LIC MF Liquid Fund
Growth Launch Date 11 Mar 02 NAV (08 May 26) ₹4,966.23 ↑ 0.78 (0.02 %) Net Assets (Cr) ₹11,106 on 31 Mar 26 Category Debt - Liquid Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆☆☆ Risk Low Expense Ratio 0.22 Sharpe Ratio 2.51 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.65% Effective Maturity 2 Months 1 Day Modified Duration 2 Months 1 Day Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹10,336 30 Apr 23 ₹10,941 30 Apr 24 ₹11,733 30 Apr 25 ₹12,583 30 Apr 26 ₹13,361 Returns for LIC MF Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.1% 1 Year 6.2% 3 Year 6.9% 5 Year 6% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.4% 2023 7.4% 2022 7% 2021 4.7% 2020 3.3% 2019 4.3% 2018 6.5% 2017 7.3% 2016 6.6% 2015 7.6% Fund Manager information for LIC MF Liquid Fund
Name Since Tenure Rahul Singh 5 Oct 15 10.49 Yr. Aakash Dhulia 1 Sep 25 0.58 Yr. Data below for LIC MF Liquid Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 99.7% Other 0.3% Debt Sector Allocation
Sector Value Cash Equivalent 58.53% Corporate 38.72% Government 2.45% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Net Receivables / (Payables)
Net Current Assets | -12% -₹1,385 Cr Canara Bank
Certificate of Deposit | -4% ₹494 Cr 10,000 Indian Bank
Certificate of Deposit | -4% ₹494 Cr 10,000 Tbill
Sovereign Bonds | -4% ₹399 Cr 40,000,000 Tbill
Sovereign Bonds | -4% ₹398 Cr 40,000,000 National Bank for Agriculture and Rural Development
Commercial Paper | -4% ₹394 Cr 8,000 Motilal Oswal Financial Services Ltd
Commercial Paper | -4% ₹393 Cr 8,000
↑ 8,000 Canara Bank
Certificate of Deposit | -3% ₹371 Cr 7,500
↓ -1,000 Punjab National Bank
Certificate of Deposit | -3% ₹346 Cr 7,000 Bank Of Baroda
Certificate of Deposit | -3% ₹321 Cr 6,500 8. Kotak Liquid Fund
Kotak Liquid Fund
Growth Launch Date 4 Nov 03 NAV (08 May 26) ₹5,551.69 ↑ 0.80 (0.01 %) Net Assets (Cr) ₹33,309 on 31 Mar 26 Category Debt - Liquid Fund AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Low Expense Ratio 0.31 Sharpe Ratio 2.6 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.64% Effective Maturity 2 Months 8 Days Modified Duration 2 Months 8 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹10,335 30 Apr 23 ₹10,938 30 Apr 24 ₹11,730 30 Apr 25 ₹12,580 30 Apr 26 ₹13,356 Returns for Kotak Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.1% 1 Year 6.2% 3 Year 6.9% 5 Year 6% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.5% 2023 7.3% 2022 7% 2021 4.7% 2020 3.2% 2019 4.1% 2018 6.5% 2017 7.4% 2016 6.7% 2015 7.6% Fund Manager information for Kotak Liquid Fund
Name Since Tenure Deepak Agrawal 1 May 07 18.93 Yr. Sunil Pandey 1 Jun 25 0.83 Yr. Data below for Kotak Liquid Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 99.7% Other 0.3% Debt Sector Allocation
Sector Value Cash Equivalent 74.07% Corporate 19.17% Government 6.46% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Net Current Assets/(Liabilities)
Net Current Assets | -23% -₹7,520 Cr Tbill
Sovereign Bonds | -5% ₹1,607 Cr 162,000,000 Tbill
Sovereign Bonds | -4% ₹1,491 Cr 150,000,000 Tbill
Sovereign Bonds | -4% ₹1,489 Cr 150,000,000 India (Republic of)
- | -4% ₹1,486 Cr 150,000,000 5.63% Govt Stock 2026
Sovereign Bonds | -3% ₹1,010 Cr 101,000,000 Punjab National Bank** Cd
Certificate of Deposit | -3% ₹991 Cr 100,000
↑ 100,000 National Bank For Agriculture And Rural Development
Commercial Paper | -3% ₹990 Cr 20,000 Reliance Retail Ventures Limited
Commercial Paper | -3% ₹989 Cr 20,000 Union Bank Of India
Certificate of Deposit | -3% ₹866 Cr 87,500
↑ 87,500 9. Baroda Pioneer Liquid Fund
Baroda Pioneer Liquid Fund
Growth Launch Date 5 Feb 09 NAV (08 May 26) ₹3,157.71 ↑ 0.50 (0.02 %) Net Assets (Cr) ₹8,599 on 31 Mar 26 Category Debt - Liquid Fund AMC Baroda Pioneer Asset Management Co. Ltd. Rating ☆☆☆☆ Risk Low Expense Ratio 0.31 Sharpe Ratio 2.67 Information Ratio -0.8 Alpha Ratio -0.02 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.6% Effective Maturity 1 Month 26 Days Modified Duration 1 Month 26 Days Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹10,346 30 Apr 23 ₹10,967 30 Apr 24 ₹11,758 30 Apr 25 ₹12,606 30 Apr 26 ₹13,380 Returns for Baroda Pioneer Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.1% 1 Year 6.1% 3 Year 6.8% 5 Year 6% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.4% 2023 7.3% 2022 7% 2021 4.9% 2020 3.3% 2019 4.1% 2018 6.6% 2017 7.5% 2016 6.7% 2015 7.8% Fund Manager information for Baroda Pioneer Liquid Fund
Name Since Tenure Gurvinder Wasan 21 Oct 24 1.44 Yr. Vikram Pamnani 14 Mar 22 4.05 Yr. Data below for Baroda Pioneer Liquid Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 99.8% Other 0.2% Debt Sector Allocation
Sector Value Cash Equivalent 69.95% Corporate 25.11% Government 4.73% Credit Quality
Rating Value AA 0.82% AAA 99.18% Top Securities Holdings / Portfolio
Name Holding Value Quantity Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -8% ₹1,013 Cr Rec Limited
Commercial Paper | -4% ₹516 Cr 10,500
↑ 10,500 Tbill
Sovereign Bonds | -3% ₹397 Cr 40,000,000 Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -3% ₹350 Cr Small Industries Development Bk Of India ** #
Commercial Paper | -2% ₹300 Cr 6,000 National Bank For Agriculture And Rural Development
Commercial Paper | -2% ₹297 Cr 6,000 Export-Import Bank Of India
Certificate of Deposit | -2% ₹295 Cr 6,000 Bank Of India
Certificate of Deposit | -2% ₹250 Cr 5,000 Embassy Office Parks Reit
Commercial Paper | -2% ₹250 Cr 5,000 Small Industries Dev Bank Of India
Commercial Paper | -2% ₹250 Cr 5,000 10. SBI Liquid Fund
SBI Liquid Fund
Growth Launch Date 22 Mar 07 NAV (08 May 26) ₹4,292.93 ↑ 0.69 (0.02 %) Net Assets (Cr) ₹57,891 on 31 Mar 26 Category Debt - Liquid Fund AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Low Expense Ratio 0.3 Sharpe Ratio 2.48 Information Ratio 0 Alpha Ratio 0 Min Investment 50,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.58% Effective Maturity 2 Months 5 Days Modified Duration 2 Months 1 Day Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹10,339 30 Apr 23 ₹10,948 30 Apr 24 ₹11,735 30 Apr 25 ₹12,577 30 Apr 26 ₹13,351 Returns for SBI Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 May 26 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 3.1% 1 Year 6.2% 3 Year 6.8% 5 Year 6% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.4% 2023 7.3% 2022 6.9% 2021 4.8% 2020 3.3% 2019 4.2% 2018 6.5% 2017 7.3% 2016 6.6% 2015 7.6% Fund Manager information for SBI Liquid Fund
Name Since Tenure Rajeev Radhakrishnan 1 Dec 23 2.33 Yr. Data below for SBI Liquid Fund as on 31 Mar 26
Asset Allocation
Asset Class Value Cash 99.68% Other 0.32% Debt Sector Allocation
Sector Value Cash Equivalent 66.79% Corporate 24.61% Government 8.28% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Net Receivable / Payable
CBLO | -17% -₹9,575 Cr National Bank for Agriculture and Rural Development
Commercial Paper | -6% ₹3,446 Cr 70,000
↑ 70,000 Punjab National Bank
Certificate of Deposit | -5% ₹3,105 Cr 63,000
↑ 3,000 India (Republic of)
- | -4% ₹2,268 Cr 229,136,100 Tbill
Sovereign Bonds | -3% ₹1,984 Cr 200,000,000 India (Republic of)
- | -3% ₹1,981 Cr 200,000,000 National Bank For Agriculture And Rural Development
Commercial Paper | -3% ₹1,979 Cr 40,000 Canara Bank
Certificate of Deposit | -3% ₹1,976 Cr 40,000
↑ 40,000 Tbill
Sovereign Bonds | -3% ₹1,896 Cr 190,000,000 Bank of India Ltd.
Debentures | -3% ₹1,883 Cr 38,000
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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