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Top 10 Liquid Mutual Funds 2024

Updated on April 15, 2024 , 13675 views

Liquid Funds are the best options for the surplus cash which are lying in the Bank account. Liquid Funds are those Mutual Funds that invest your money in a very short money market instruments like treasury bills, commercial papers, Certificate of Deposit, etc.

These funds are highly liquid in nature and they have no entry or exit load. Due to the supreme advantages that liquid funds offer; they are often considered to be a better investment option than fixed deposits and Savings Account.

Top 10 Liquid Mutual Funds offer the opportunity to fetch better returns without compromising on the liquidity factors. The best performing liquid funds let you earn great returns in a short span of time. As the average maturity of liquid funds is less than 91 days, it is best suitable for investors looking for a short-term Investment plan. Furthermore, as Liquid Mutual Funds are not much affected by the Market Volatility, investors can easily invest without worrying about the risk factors.

Key Benefits of Investing in Liquid Funds

Some of the major benefits of investing in Liquid Mutual Funds are:

In Liquid fund, you can withdraw your funds within a span of 24 hours
As liquid funds mainly invest in fixed Income securities which have a short maturity period, they have the lowest interest rate risk as compared to other debt mutual fund
Liquid Mutual Funds offer an Average Return of about 7.5-8% per annum
These funds have no lock-in period, which means that you can redeem your cash wherever required
Liquid Funds offer valuable tax benefits

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Top 10 Liquid Mutual Funds FY 24 - 25

Fund	NAV	Net Assets (Cr)	1 MO (%)	3 MO (%)	6 MO (%)	1 YR (%)	2023 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Principal Cash Management Fund Growth	₹2,120.66 ↑ 0.45	₹5,413	0.7	1.9	3.7	7.2	7	7.28%	1M 2D	1M 2D
PGIM India Insta Cash Fund Growth	₹312.763 ↑ 0.06	₹376	0.7	1.9	3.7	7.2	7	7.14%	21D	23D
JM Liquid Fund Growth	₹65.6248 ↑ 0.01	₹1,628	0.7	1.8	3.7	7.2	7	7.2%	21D	23D
Indiabulls Liquid Fund Growth	₹2,322.87 ↑ 0.49	₹191	0.7	1.9	3.7	7.2	6.8	7.29%	29D	1M 3D
Axis Liquid Fund Growth	₹2,674.28 ↑ 0.56	₹33,841	0.7	1.9	3.7	7.3	7.1	7.45%	1M 6D	1M 6D
Invesco India Liquid Fund Growth	₹3,302.43 ↑ 0.60	₹10,827	0.7	1.9	3.7	7.3	7	7.39%	1M 15D	1M 15D
Aditya Birla Sun Life Liquid Fund Growth	₹387.127 ↑ 0.08	₹43,962	0.7	1.9	3.7	7.2	7.1	7.48%	1M 10D	1M 10D
ICICI Prudential Liquid Fund Growth	₹355.74 ↑ 0.07	₹52,980	0.7	1.9	3.7	7.2	7	7.45%	1M 1D	1M 4D
Tata Liquid Fund Growth	₹3,784.6 ↑ 0.77	₹29,639	0.7	1.9	3.7	7.2	7	7.37%	1M 9D	1M 9D
Nippon India Liquid Fund Growth	₹5,865.74 ↑ 1.19	₹35,419	0.7	1.9	3.7	7.2	7	7.48%	1M 8D	1M 12D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Apr 24

1. Principal Cash Management Fund

To provide investors with as high a level of income available from short-term investments as is considered consistent with preservation of capital and maintenance of liquidity, by investing in a portfolio of money market and investment grade debt instruments. The scheme will invest its assets in a portfolio of money market instruments. The investments will be in securities, which the Investment Manager believes present minimal liquidity and/or credit risks.

Principal Cash Management Fund is a Debt - Liquid Fund fund was launched on 30 Aug 04. It is a fund with Low risk and has given a CAGR/Annualized return of 6.4% since its launch. Ranked 5 in Liquid Fund category. Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.2% .

Below is the key information for Principal Cash Management Fund

Principal Cash Management Fund Growth
Launch Date	30 Aug 04
NAV (16 Apr 24)	₹2,120.66 ↑ 0.45 (0.02 %)
Net Assets (Cr)	₹5,413 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating	☆☆☆☆☆
Risk	Low
Expense Ratio	0.27
Sharpe Ratio	0.8
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	2,000
Exit Load	NIL
Yield to Maturity	7.28%
Effective Maturity	1 Month 2 Days
Modified Duration	1 Month 2 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,571
31 Mar 21	₹10,917
31 Mar 22	₹11,277
31 Mar 23	₹11,916
31 Mar 24	₹12,766

Principal Cash Management Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Principal Cash Management Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.2%
3 Year	5.4%
5 Year	5%
10 Year
15 Year
Since launch	6.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.8%
2021	3.2%
2020	3.8%
2019	6.2%
2018	-1.8%
2017	6.8%
2016	7.7%
2015	8.4%
2014	9.1%

Fund Manager information for Principal Cash Management Fund

Name	Since	Tenure
Dwijendra Srivastava	1 Jan 22	2.25 Yr.
Sandeep Agarwal	16 May 22	1.88 Yr.

Data below for Principal Cash Management Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	99.84%
Other	0.16%

Debt Sector Allocation

Sector	Value
Cash Equivalent	76.23%
Corporate	16.11%
Government	7.5%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Treps CBLO/Reverse Repo \| -	5%	₹268 Cr
India (Republic of) - \| -	5%	₹247 Cr	25,000,000
Reverse Repo CBLO/Reverse Repo \| -	5%	₹225 Cr
91 DTB 23052024 Sovereign Bonds \| -	4%	₹197 Cr	20,000,000
Canara Bank Domestic Bonds \| -	3%	₹147 Cr	3,000 ↑ 3,000
Punjab National Bank Domestic Bonds \| -	3%	₹147 Cr	3,000 ↑ 3,000
Canara Bank Domestic Bonds \| -	3%	₹147 Cr	3,000 ↑ 3,000
Cash And Other Net Current Assets^ CBLO \| -	2%	-₹119 Cr
91 DTB 04042024 Sovereign Bonds \| -	2%	₹100 Cr	10,000,000
Bank Of Baroda Certificate of Deposit \| -	2%	₹99 Cr	2,000

2. PGIM India Insta Cash Fund

(Erstwhile DHFL Pramerica Insta Cash Plus Fund)

To generate steady returns along with high liquidity by investing in a portfolio of short-term, high quality money market and debt instruments.

PGIM India Insta Cash Fund is a Debt - Liquid Fund fund was launched on 5 Sep 07. It is a fund with Low risk and has given a CAGR/Annualized return of 7.1% since its launch. Ranked 4 in Liquid Fund category. Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.3% .

Below is the key information for PGIM India Insta Cash Fund

PGIM India Insta Cash Fund Growth
Launch Date	5 Sep 07
NAV (16 Apr 24)	₹312.763 ↑ 0.06 (0.02 %)
Net Assets (Cr)	₹376 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	Pramerica Asset Managers Private Limited
Rating	☆☆☆☆☆
Risk	Low
Expense Ratio	0.26
Sharpe Ratio	1.05
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.14%
Effective Maturity	23 Days
Modified Duration	21 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,619
31 Mar 21	₹11,002
31 Mar 22	₹11,374
31 Mar 23	₹12,014
31 Mar 24	₹12,874

PGIM India Insta Cash Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for PGIM India Insta Cash Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.2%
3 Year	5.5%
5 Year	5.2%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.8%
2021	3.3%
2020	4.2%
2019	6.7%
2018	7.4%
2017	6.7%
2016	7.7%
2015	8.4%
2014	9.1%

Fund Manager information for PGIM India Insta Cash Fund

Name	Since	Tenure
Bhupesh Kalyani	13 Sep 22	1.55 Yr.
Puneet Pal	16 Jul 22	1.71 Yr.

Data below for PGIM India Insta Cash Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	99.44%
Other	0.56%

Debt Sector Allocation

Sector	Value
Cash Equivalent	80.43%
Corporate	12.22%
Government	6.8%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Shriram Finance Limited Debentures \| -	7%	₹25 Cr	2,500,000 ↑ 2,500,000
Tata Capital Housing Finance Limited Commercial Paper \| -	7%	₹25 Cr	2,500,000 ↑ 2,500,000
Bank of Baroda Debentures \| -	7%	₹25 Cr	2,500,000
India (Republic of) - \| -	7%	₹25 Cr	2,500,000 ↑ 2,500,000
Indian Bank Domestic Bonds \| -	7%	₹25 Cr	2,500,000
Small Industries Development Bank Of India Certificate of Deposit \| -	7%	₹25 Cr	2,500,000 ↑ 2,500,000
Union Bank of India Domestic Bonds \| -	7%	₹25 Cr	2,500,000 ↑ 2,500,000
Canara Bank Domestic Bonds \| -	7%	₹25 Cr	2,500,000 ↑ 2,500,000
National Bank for Agriculture and Rural Development Commercial Paper \| -	7%	₹25 Cr	2,500,000 ↑ 2,500,000
Hsbc Investdirect Financial Ser Ind Ltd. ** ^ Net Current Assets \| -	7%	₹25 Cr	2,500,000 ↑ 2,500,000

3. JM Liquid Fund

(Erstwhile JM High Liquidity Fund)

To provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in debt and money market instruments.

JM Liquid Fund is a Debt - Liquid Fund fund was launched on 31 Dec 97. It is a fund with Low risk and has given a CAGR/Annualized return of 7.4% since its launch. Ranked 3 in Liquid Fund category. Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.3% .

Below is the key information for JM Liquid Fund

JM Liquid Fund Growth
Launch Date	31 Dec 97
NAV (16 Apr 24)	₹65.6248 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹1,628 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	JM Financial Asset Management Limited
Rating	☆☆☆☆☆
Risk	Low
Expense Ratio	0.25
Sharpe Ratio	1.01
Information Ratio	-6.34
Alpha Ratio	-0.14
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.2%
Effective Maturity	23 Days
Modified Duration	21 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,606
31 Mar 21	₹10,970
31 Mar 22	₹11,344
31 Mar 23	₹11,981
31 Mar 24	₹12,838

JM Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for JM Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.8%
6 Month	3.7%
1 Year	7.2%
3 Year	5.5%
5 Year	5.1%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.8%
2021	3.3%
2020	4%
2019	6.6%
2018	7.4%
2017	6.7%
2016	7.7%
2015	8.4%
2014	9.1%

Fund Manager information for JM Liquid Fund

Name	Since	Tenure
Shalini Tibrewala	31 Dec 97	26.27 Yr.
Naghma Khoja	21 Oct 21	2.45 Yr.

Data below for JM Liquid Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	99.68%
Other	0.32%

Debt Sector Allocation

Sector	Value
Cash Equivalent	59.13%
Corporate	34.88%
Government	5.68%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Treps-Triparty Repo CBLO/Reverse Repo \| -	20%	₹306 Cr	00
364 DTB 22032024 Sovereign Bonds \| -	6%	₹85 Cr	8,500,000 ↑ 7,500,000
Cholamandalam Investment And Fin. Co. Ltd Commercial Paper \| -	5%	₹75 Cr	1,500 ↑ 1,500
Sikka Ports And Terminals Limited Commercial Paper \| -	3%	₹50 Cr	1,000 ↑ 1,000
Union Bank Of India Certificate of Deposit \| -	3%	₹50 Cr	1,000
National Bank For Agriculture And Rural Development Commercial Paper \| -	3%	₹50 Cr	1,000
Godrej Agrovet Limited Commercial Paper \| -	3%	₹50 Cr	1,000
Godrej Properties Limited Commercial Paper \| -	3%	₹50 Cr	1,000 ↑ 1,000
ICICI Securities Limited Commercial Paper \| -	3%	₹50 Cr	1,000
Small Industries Development Bank Of India Certificate of Deposit \| -	3%	₹50 Cr	1,000

4. Indiabulls Liquid Fund

To provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91days. However, there can be no assurance that the investment objective of the scheme will be achieved.

Indiabulls Liquid Fund is a Debt - Liquid Fund fund was launched on 27 Oct 11. It is a fund with Low risk and has given a CAGR/Annualized return of 7% since its launch. Ranked 2 in Liquid Fund category. Return for 2023 was 6.8% , 2022 was 4.6% and 2021 was 3.1% .

Below is the key information for Indiabulls Liquid Fund

Indiabulls Liquid Fund Growth
Launch Date	27 Oct 11
NAV (16 Apr 24)	₹2,322.87 ↑ 0.49 (0.02 %)
Net Assets (Cr)	₹191 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	Indiabulls Asset Management Company Ltd.
Rating	☆☆☆☆☆
Risk	Low
Expense Ratio	0.27
Sharpe Ratio	-1.05
Information Ratio	-6.84
Alpha Ratio	-0.2
Min Investment	500
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.29%
Effective Maturity	1 Month 3 Days
Modified Duration	29 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,614
31 Mar 21	₹10,969
31 Mar 22	₹11,304
31 Mar 23	₹11,912
31 Mar 24	₹12,753

Indiabulls Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Indiabulls Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.2%
3 Year	5.2%
5 Year	5%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.8%
2022	4.6%
2021	3.1%
2020	3.9%
2019	6.6%
2018	7.3%
2017	6.7%
2016	7.8%
2015	8.5%
2014	9.1%

Fund Manager information for Indiabulls Liquid Fund

Name	Since	Tenure
Karan Singh	29 May 20	3.84 Yr.
Kaustubh Sule	11 May 23	0.89 Yr.

Data below for Indiabulls Liquid Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	99.73%
Other	0.27%

Debt Sector Allocation

Sector	Value
Cash Equivalent	58.7%
Corporate	29.24%
Government	11.8%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Small Industries Development Bank Of India Certificate of Deposit \| -	9%	₹17 Cr	1,700,000 ↑ 1,700,000
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) Certificate of Deposit \| -	8%	₹15 Cr	1,500,000
ICICI Bank Limited Certificate of Deposit \| -	8%	₹15 Cr	1,500,000 ↑ 1,500,000
Punjab National Bank Domestic Bonds \| -	8%	₹15 Cr	1,500,000 ↑ 1,500,000
Bank Of Baroda Certificate of Deposit \| -	5%	₹10 Cr	1,000,000
Cholamandalam Investment And Fin. Co. Ltd Commercial Paper \| -	5%	₹10 Cr	1,000,000
National Bank for Agriculture and Rural Development Commercial Paper \| -	5%	₹10 Cr	1,000,000
182 DTB 16052024 Sovereign Bonds \| -	5%	₹10 Cr	1,000,000 ↓ -1,000,000
Birla Group Holdings Private Limited Commercial Paper \| -	5%	₹10 Cr	1,000,000
Canara Bank Domestic Bonds \| -	5%	₹10 Cr	1,000,000

5. Axis Liquid Fund

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.

Axis Liquid Fund is a Debt - Liquid Fund fund was launched on 9 Oct 09. It is a fund with Low risk and has given a CAGR/Annualized return of 7% since its launch. Ranked 21 in Liquid Fund category. Return for 2023 was 7.1% , 2022 was 4.9% and 2021 was 3.3% .

Below is the key information for Axis Liquid Fund

Axis Liquid Fund Growth
Launch Date	9 Oct 09
NAV (16 Apr 24)	₹2,674.28 ↑ 0.56 (0.02 %)
Net Assets (Cr)	₹33,841 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	Axis Asset Management Company Limited
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.22
Sharpe Ratio	1.59
Information Ratio	0
Alpha Ratio	0
Min Investment	500
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.45%
Effective Maturity	1 Month 6 Days
Modified Duration	1 Month 6 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,625
31 Mar 21	₹11,005
31 Mar 22	₹11,379
31 Mar 23	₹12,029
31 Mar 24	₹12,901

Axis Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Axis Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.3%
3 Year	5.5%
5 Year	5.2%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.1%
2022	4.9%
2021	3.3%
2020	4.3%
2019	6.6%
2018	7.5%
2017	6.7%
2016	7.6%
2015	8.4%
2014	9.1%

Fund Manager information for Axis Liquid Fund

Name	Since	Tenure
Devang Shah	5 Nov 12	11.41 Yr.
Aditya Pagaria	13 Aug 16	7.64 Yr.
Sachin Jain	3 Jul 23	0.75 Yr.

Data below for Axis Liquid Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	99.78%
Other	0.22%

Debt Sector Allocation

Sector	Value
Cash Equivalent	78.14%
Corporate	18.09%
Government	3.55%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Clearing Corporation Of India Ltd CBLO/Reverse Repo \| -	6%	₹2,023 Cr
Union Bank Of India Certificate of Deposit \| -	4%	₹1,208 Cr	24,500
182 DTB 16052024 Sovereign Bonds \| -	3%	₹1,186 Cr	120,000,000 ↑ 45,000,000
Small Industries Development Bank of India Commercial Paper \| -	3%	₹1,013 Cr	20,500
Indian Bank Domestic Bonds \| -	3%	₹982 Cr	20,000 ↑ 20,000
Reliance Retail Ventures Limited Commercial Paper \| -	2%	₹849 Cr	17,000
Canara Bank Domestic Bonds \| -	2%	₹787 Cr	16,000
Punjab National Bank Domestic Bonds \| -	2%	₹785 Cr	16,000 ↑ 16,000
Small Industries Development Bank Of India Certificate of Deposit \| -	2%	₹762 Cr	15,500 ↑ 15,500
91 DTB 11042024 Sovereign Bonds \| -	2%	₹746 Cr	75,000,000

6. Invesco India Liquid Fund

To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

Invesco India Liquid Fund is a Debt - Liquid Fund fund was launched on 17 Nov 06. It is a fund with Low risk and has given a CAGR/Annualized return of 7.1% since its launch. Ranked 9 in Liquid Fund category. Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.3% .

Below is the key information for Invesco India Liquid Fund

Invesco India Liquid Fund Growth
Launch Date	17 Nov 06
NAV (17 Apr 24)	₹3,302.43 ↑ 0.60 (0.02 %)
Net Assets (Cr)	₹10,827 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.22
Sharpe Ratio	1.31
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.39%
Effective Maturity	1 Month 15 Days
Modified Duration	1 Month 15 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,598
31 Mar 21	₹10,971
31 Mar 22	₹11,340
31 Mar 23	₹11,979
31 Mar 24	₹12,842

Invesco India Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Invesco India Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.3%
3 Year	5.5%
5 Year	5.1%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.8%
2021	3.3%
2020	4.1%
2019	6.5%
2018	7.4%
2017	6.7%
2016	7.6%
2015	8.4%
2014	9.1%

Fund Manager information for Invesco India Liquid Fund

Name	Since	Tenure
Krishna Cheemalapati	25 Apr 11	12.95 Yr.
Prateek Jain	14 Feb 22	2.13 Yr.

Data below for Invesco India Liquid Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	99.84%
Other	0.16%

Debt Sector Allocation

Sector	Value
Cash Equivalent	77.06%
Corporate	16%
Government	6.78%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Triparty Repo CBLO/Reverse Repo \| -	4%	₹455 Cr
Bank Of Baroda Certificate of Deposit \| -	2%	₹200 Cr	20,000,000
91 DTB 02052024 Sovereign Bonds \| -	2%	₹198 Cr	20,000,000
Indian Bank Domestic Bonds \| -	2%	₹197 Cr	20,000,000 ↑ 20,000,000
Reliance Retail Ventures Limited Commercial Paper \| -	2%	₹197 Cr	20,000,000 ↑ 20,000,000
HDFC Bank Ltd. Debentures \| -	2%	₹197 Cr	20,000,000 ↑ 20,000,000
Canara Bank Domestic Bonds \| -	2%	₹197 Cr	20,000,000 ↑ 20,000,000
Kotak Securities Ltd Commercial Paper \| -	2%	₹197 Cr	20,000,000
Larsen & Toubro Ltd. Commercial Paper \| -	2%	₹196 Cr	20,000,000 ↑ 20,000,000
HDFC Bank Ltd. Debentures \| -	2%	₹196 Cr	20,000,000 ↑ 20,000,000

7. Aditya Birla Sun Life Liquid Fund

(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.

Aditya Birla Sun Life Liquid Fund is a Debt - Liquid Fund fund was launched on 30 Mar 04. It is a fund with Low risk and has given a CAGR/Annualized return of 7% since its launch. Ranked 15 in Liquid Fund category. Return for 2023 was 7.1% , 2022 was 4.8% and 2021 was 3.3% .

Below is the key information for Aditya Birla Sun Life Liquid Fund

Aditya Birla Sun Life Liquid Fund Growth
Launch Date	30 Mar 04
NAV (16 Apr 24)	₹387.127 ↑ 0.08 (0.02 %)
Net Assets (Cr)	₹43,962 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.33
Sharpe Ratio	1.2
Information Ratio	-3.56
Alpha Ratio	-0.24
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.48%
Effective Maturity	1 Month 10 Days
Modified Duration	1 Month 10 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,627
31 Mar 21	₹11,013
31 Mar 22	₹11,386
31 Mar 23	₹12,033
31 Mar 24	₹12,898

Aditya Birla Sun Life Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Aditya Birla Sun Life Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.2%
3 Year	5.5%
5 Year	5.2%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.1%
2022	4.8%
2021	3.3%
2020	4.3%
2019	6.7%
2018	7.4%
2017	6.7%
2016	7.7%
2015	8.4%
2014	9.2%

Fund Manager information for Aditya Birla Sun Life Liquid Fund

Name	Since	Tenure
Sunaina Cunha	15 Jul 11	12.72 Yr.
Kaustubh Gupta	15 Jul 11	12.72 Yr.
Sanjay Pawar	1 Jul 22	1.75 Yr.
Dhaval Joshi	21 Nov 22	1.36 Yr.

Data below for Aditya Birla Sun Life Liquid Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	99.74%
Other	0.26%

Debt Sector Allocation

Sector	Value
Cash Equivalent	71.96%
Corporate	18.46%
Government	9.32%

Credit Quality

Rating	Value
AA	0.25%
AAA	99.75%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Reverse Repo CBLO/Reverse Repo \| -	9%	₹3,584 Cr
Net Receivables / (Payables) CBLO \| -	5%	-₹1,923 Cr
Bank Of Baroda Certificate of Deposit \| -	3%	₹1,183 Cr	24,000
National Bank For Agriculture And Rural Development Commercial Paper \| -	3%	₹999 Cr	20,000
Canfin Homes Limited Commercial Paper \| -	3%	₹999 Cr	20,000
India (Republic of) - \| -	3%	₹989 Cr	100,000,000
India (Republic of) - \| -	3%	₹984 Cr	100,000,000 ↑ 100,000,000
182 DTB 29032024 Sovereign Bonds \| -	2%	₹963 Cr	96,500,000
Axis Bank Limited Certificate of Deposit \| -	2%	₹938 Cr	19,000
Small Industries Development Bank Of India Commercial Paper \| -	2%	₹936 Cr	19,000

8. ICICI Prudential Liquid Fund

(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.

ICICI Prudential Liquid Fund is a Debt - Liquid Fund fund was launched on 17 Nov 05. It is a fund with Low risk and has given a CAGR/Annualized return of 7.1% since its launch. Ranked 20 in Liquid Fund category. Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.2% .

Below is the key information for ICICI Prudential Liquid Fund

ICICI Prudential Liquid Fund Growth
Launch Date	17 Nov 05
NAV (16 Apr 24)	₹355.74 ↑ 0.07 (0.02 %)
Net Assets (Cr)	₹52,980 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.29
Sharpe Ratio	1
Information Ratio	-5.39
Alpha Ratio	-0.26
Min Investment	500
Min SIP Investment	99
Exit Load	NIL
Yield to Maturity	7.45%
Effective Maturity	1 Month 4 Days
Modified Duration	1 Month 1 Day

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,620
31 Mar 21	₹11,003
31 Mar 22	₹11,370
31 Mar 23	₹12,006
31 Mar 24	₹12,867

ICICI Prudential Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for ICICI Prudential Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.2%
3 Year	5.4%
5 Year	5.2%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.8%
2021	3.2%
2020	4.3%
2019	6.6%
2018	7.4%
2017	6.6%
2016	7.7%
2015	8.3%
2014	9.1%

Fund Manager information for ICICI Prudential Liquid Fund

Name	Since	Tenure
Rohan Maru	19 Sep 13	10.54 Yr.
Nikhil Kabra	1 Dec 23	0.33 Yr.
Darshil Dedhia	12 Jun 23	0.81 Yr.

Data below for ICICI Prudential Liquid Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	99.77%
Other	0.23%

Debt Sector Allocation

Sector	Value
Cash Equivalent	67.18%
Government	17.02%
Corporate	15.56%

Credit Quality

Rating	Value
AA	0.1%
AAA	99.9%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	5%	₹2,462 Cr	250,000,000 ↑ 250,000,000
India (Republic of) - \| -	4%	₹2,022 Cr	205,535,500 ↑ 205,535,500
Canara Bank Certificate of Deposit \| -	4%	₹1,625 Cr	33,000
Union Bank Of India Certificate of Deposit \| -	2%	₹989 Cr	20,000
National Bank For Agriculture And Rural Development Commercial Paper \| -	2%	₹985 Cr	20,000
Punjab National Bank Certificate of Deposit \| -	2%	₹985 Cr	20,000
Bank Of Baroda Certificate of Deposit \| -	2%	₹985 Cr	20,000
Bank of Baroda Debentures \| -	2%	₹984 Cr	20,000
Eris Lifesciences Ltd Commercial Paper \| -	2%	₹955 Cr	19,500 ↑ 19,500
Small Industries Development Bank of India Commercial Paper \| -	2%	₹836 Cr	16,900

9. Tata Liquid Fund

(Erstwhile TATA Money Market Fund )

To create a highly liquid portfolio of money market instruments so as to provide reasonable returns and high liquidity to the unitholders.

Tata Liquid Fund is a Debt - Liquid Fund fund was launched on 1 Sep 04. It is a fund with Low risk and has given a CAGR/Annualized return of 7% since its launch. Ranked 18 in Liquid Fund category. Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.2% .

Below is the key information for Tata Liquid Fund

Tata Liquid Fund Growth
Launch Date	1 Sep 04
NAV (16 Apr 24)	₹3,784.6 ↑ 0.77 (0.02 %)
Net Assets (Cr)	₹29,639 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	Tata Asset Management Limited
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.25
Sharpe Ratio	1.04
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.37%
Effective Maturity	1 Month 9 Days
Modified Duration	1 Month 9 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,624
31 Mar 21	₹11,004
31 Mar 22	₹11,374
31 Mar 23	₹12,006
31 Mar 24	₹12,866

Tata Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Tata Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.2%
3 Year	5.4%
5 Year	5.2%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.8%
2021	3.2%
2020	4.3%
2019	6.6%
2018	7.4%
2017	6.7%
2016	7.7%
2015	8.4%
2014	9.1%

Fund Manager information for Tata Liquid Fund

Name	Since	Tenure
Amit Somani	16 Oct 13	10.46 Yr.
Abhishek Sonthalia	6 Feb 20	4.15 Yr.

Data below for Tata Liquid Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	99.79%
Other	0.21%

Debt Sector Allocation

Sector	Value
Cash Equivalent	73.66%
Corporate	17.45%
Government	8.68%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
91 DTB 25042024 Sovereign Bonds \| -	5%	₹1,345 Cr	135,500,000
Indian Bank Domestic Bonds \| -	4%	₹1,233 Cr	25,000
India (Republic of) - \| -	4%	₹1,209 Cr	121,607,800
Small Industries Development Bank Of India Commercial Paper \| -	3%	₹985 Cr	20,000
National Bank for Agriculture and Rural Development Commercial Paper \| -	3%	₹983 Cr	20,000 ↑ 20,000
Canara Bank Domestic Bonds \| -	3%	₹982 Cr	20,000 ↑ 20,000
08.35 SBI RT SB 2024 Domestic Bonds \| -	3%	₹950 Cr	95,000,000 ↑ 40,000,000
Canara Bank Certificate of Deposit \| -	3%	₹848 Cr	17,000
PNB Housing Finance Ltd. Commercial Paper \| -	3%	₹786 Cr	16,000 ↑ 16,000
Union Bank Of India Certificate of Deposit \| -	3%	₹774 Cr	15,500 ↑ 4,000

10. Nippon India Liquid Fund

(Erstwhile Reliance Liquid Fund - Treasury Plan)

The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Nippon India Liquid Fund is a Debt - Liquid Fund fund was launched on 9 Dec 03. It is a fund with Low risk and has given a CAGR/Annualized return of 6.9% since its launch. Ranked 11 in Liquid Fund category. Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.2% .

Below is the key information for Nippon India Liquid Fund

Nippon India Liquid Fund Growth
Launch Date	9 Dec 03
NAV (16 Apr 24)	₹5,865.74 ↑ 1.19 (0.02 %)
Net Assets (Cr)	₹35,419 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.34
Sharpe Ratio	0.86
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.48%
Effective Maturity	1 Month 12 Days
Modified Duration	1 Month 8 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,624
31 Mar 21	₹11,009
31 Mar 22	₹11,377
31 Mar 23	₹12,014
31 Mar 24	₹12,874

Nippon India Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Nippon India Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.2%
3 Year	5.4%
5 Year	5.2%
10 Year
15 Year
Since launch	6.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.8%
2021	3.2%
2020	4.3%
2019	6.7%
2018	7.4%
2017	6.7%
2016	7.7%
2015	8.3%
2014	9.1%

Fund Manager information for Nippon India Liquid Fund

Name	Since	Tenure
Anju Chhajer	1 Oct 13	10.51 Yr.
Siddharth Deb	1 Mar 22	2.09 Yr.
Kinjal Desai	25 May 18	5.86 Yr.

Data below for Nippon India Liquid Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	99.81%
Other	0.19%

Debt Sector Allocation

Sector	Value
Cash Equivalent	66.49%
Corporate	19.29%
Government	14.03%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
91 DTB 23052024 Sovereign Bonds \| -	4%	₹1,481 Cr	150,000,000
India (Republic of) - \| -	4%	₹1,475 Cr	150,000,000 ↑ 150,000,000
Bank of Baroda Debentures \| -	3%	₹984 Cr	20,000 ↑ 20,000
Small Industries Development Bank of India Commercial Paper \| -	2%	₹742 Cr	15,000
Reverse Repo CBLO/Reverse Repo \| -	2%	₹734 Cr
Punjab National Bank Certificate of Deposit \| -	2%	₹717 Cr	14,400 ↓ -9,000
HDFC Bank Limited Certificate of Deposit \| -	2%	₹689 Cr	14,000
Bajaj Finance Ltd. Commercial Paper \| -	2%	₹687 Cr	14,000 ↑ 14,000
Aditya Birla Finance Limited Commercial Paper \| -	2%	₹590 Cr	12,000 ↑ 12,000
India (Republic of) - \| -	2%	₹542 Cr	54,500,000 ↓ -500,000

Disclaimer:
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.