ICICI Prudential Liquid Fund
LiquidLow to ModerateOPEN-ENDED
- NAV as on 27 Sep 2026
- ₹416.71+0.03%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹391.73 — ₹416.60
- AUM
- ₹62,798 Cr
ICICI Prudential Liquid Fund is a Liquid debt fund from ICICI Prudential Mutual Fund with ₹62,798 Cr under management, launched in 2005. Over three years it has returned 6.6% a year, against 6.8% for its category. The expense ratio is 0.30% and the SEBI riskometer reading is Low to Moderate.
Performance
ICICI Prudential Liquid Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.3% against +6.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.5% | +0.2 pts | 6.3% | 6.4% |
| 2Y | 6.4% | +0.1 pts | 6.4% | 6.3% |
| 3Y | 6.6% | −0.1 pts | 6.8% | 6.5% |
| 5Y | 6.6% | +0.4 pts | 6.2% | 6.5% |
| 7Y | 6.2% | +0.1 pts | 6.1% | 6.1% |
| 10Y | 6.0% | 0.0 pts | 6.0% | 5.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.5% | 0.0 pts | 1.5% | 1.5% |
| 6M | 3.4% | 0.0 pts | 3.3% | 3.3% |
| 1Y | 6.3% | 0.0 pts | 6.3% | 6.3% |
| 2Y | 6.5% | 0.0 pts | 6.5% | 6.5% |
| 3Y | 6.8% | +0.1 pts | 6.8% | 6.7% |
| 5Y | 6.2% | 0.0 pts | 6.2% | 6.2% |
| 7Y | 5.6% | +0.1 pts | 5.5% | 5.5% |
| 10Y | 6.0% | +0.1 pts | 6.0% | 6.0% |
Since launch (17 Nov 2005): 7.1%
Calendar-year returns
Category average4.3%
3.2%
4.8%
7.0%
7.4%
6.5%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.5% | 0.0 pts | 6.4% |
| 2024 | 7.4% | +0.1 pts | 7.3% |
| 2023 | 7.0% | 0.0 pts | 7.0% |
| 2022 | 4.8% | −0.1 pts | 4.8% |
| 2021 | 3.2% | −0.1 pts | 3.3% |
| 2020 | 4.3% | +0.2 pts | 4.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.30%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.25%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.05%
- Exit load
- 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.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Liquid Debt A-I Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Low to Moderate
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 4.56 | 4.97 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 9.72 | 9.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.21 | 0.20 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ICICI Prudential Liquid Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt94.8%
- Other5.2%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 5.41% | ₹3,400 Cr | +0.99% | +1.06% | +1.12% |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.31% | ₹1,448 Cr | +1.29% | +6.87% | +1.50% |
| NTPC Ltd. | Energy | 1.42% | ₹895 Cr | +0.43% | — | — |
| Sikka Ports and Terminals Ltd. | Energy | 1.26% | ₹794 Cr | — | — | — |
| GOI | Sovereign | 1.23% | ₹770 Cr | — | +1.58% | — |
| Bajaj Housing Finance Ltd. | Financial | 1.22% | ₹767 Cr | +1.38% | +2.39% | +1.00% |
| Export-Import Bank Of India | Financial | 1.03% | ₹649 Cr | +1.36% | +1.83% | +0.30% |
| Union Bank of India | Financial | 1.03% | ₹648 Cr | +0.01% | +0.18% | +0.45% |
| LIC Housing Finance Ltd. | Financial | 0.87% | ₹549 Cr | +1.69% | — | — |
| REC Ltd. | Financial | 0.79% | ₹496 Cr | — | — | — |
| company:514 | Energy | 0.79% | ₹494 Cr | — | — | — |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.79% | ₹494 Cr | +0.76% | — | — |
| Can Fin Homes Ltd. | Financial | 0.79% | ₹493 Cr | +0.42% | +0.55% | — |
| Kotak Securities Ltd. | Financial | 0.78% | ₹492 Cr | +0.76% | +0.92% | +0.80% |
| Canara Bank | Financial | 0.71% | ₹444 Cr | +0.64% | +0.92% | +1.01% |
| National Bank For Agriculture & Rural Development | Financial | 0.67% | ₹420 Cr | +0.86% | +4.40% | +3.03% |
| Kotak Mahindra Securities Ltd. | Financial | 0.64% | ₹399 Cr | +0.42% | +0.56% | +0.40% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.63% | ₹399 Cr | +0.42% | — | — |
| Tata Capital Housing Finance Ltd. | Financial | 0.62% | ₹387 Cr | — | +0.46% | +0.50% |
| Tata Power Company Ltd. | Energy | 0.56% | ₹349 Cr | — | — | +0.50% |
| Axis Securities Ltd. | Others | 0.48% | ₹300 Cr | — | +0.18% | +0.61% |
| Ultratech Cement Ltd. | Materials | 0.47% | ₹296 Cr | +0.09% | — | — |
| company:5329 | Financial | 0.43% | ₹271 Cr | +0.09% | +0.92% | +1.30% |
| Bank of India | Financial | 0.40% | ₹249 Cr | +1.89% | +0.23% | +1.01% |
| Grasim Industries Ltd. | Materials | 0.40% | ₹249 Cr | +0.43% | — | — |
| 360 One Wam Ltd. | Financial | 0.39% | ₹246 Cr | +0.42% | +0.27% | +0.35% |
| Tata Capital Ltd. | Financial | 0.39% | ₹246 Cr | — | +0.56% | — |
| Bank Of Baroda | Financial | 0.32% | ₹200 Cr | +1.27% | +1.24% | +0.51% |
| Godrej Consumer Products Ltd. | Consumer Staples | 0.32% | ₹199 Cr | — | — | +0.71% |
| DBS Bank Ltd. | Financial | 0.32% | ₹199 Cr | — | — | — |
| Bajaj Financial Securities Ltd. | Financial | 0.31% | ₹197 Cr | +0.52% | +0.65% | +0.05% |
| company:6953 | Financial | 0.31% | ₹197 Cr | — | — | — |
| Angel One Ltd. | Financial | 0.31% | ₹196 Cr | +0.25% | +0.46% | +0.50% |
| Sundaram Home Finance Ltd. | Financial | 0.27% | ₹168 Cr | — | — | — |
| Aditya Birla Money Ltd. | Financial | 0.24% | ₹148 Cr | — | +0.14% | — |
| HDFC Securities Ltd. | Financial | 0.23% | ₹148 Cr | +0.84% | +0.37% | +0.20% |
| Julius Baer Capital India Pvt Ltd. | Financial | 0.23% | ₹147 Cr | +0.30% | +0.18% | +0.50% |
| company:14725 | Financial | 0.20% | ₹128 Cr | +0.85% | +0.18% | +0.50% |
| Toyota Financial Services Ltd. | Financial | 0.20% | ₹125 Cr | — | — | — |
| Muthoot Finance Ltd. | Financial | 0.20% | ₹125 Cr | +0.13% | +0.09% | — |
| Godrej Finance Ltd. | Financial | 0.20% | ₹125 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 0.20% | ₹125 Cr | +0.85% | +0.19% | +1.86% |
| Reliance Retail Ventures Ltd. | Services | 0.16% | ₹99.98 Cr | +0.43% | +0.92% | +0.70% |
| HDB Financial Services Ltd. | Financial | 0.16% | ₹99.95 Cr | — | — | — |
| Birla Group Holdings Pvt. Ltd. | Financial | 0.16% | ₹99.81 Cr | +0.30% | +0.19% | +0.40% |
| Punjab National Bank | Financial | 0.16% | ₹99.77 Cr | — | +1.11% | — |
| Mindspace Business Parks REIT | Construction | 0.16% | ₹99.75 Cr | +0.09% | — | — |
| Indian Oil Corporation Ltd. | Energy | 0.16% | ₹99.71 Cr | — | — | +0.40% |
| Godrej Properties Ltd. | Construction | 0.16% | ₹99.61 Cr | — | +0.09% | — |
| Nexus Select Trust | Construction | 0.16% | ₹99.59 Cr | — | — | — |
| Infina Finance Pvt. Ltd. | Financial | 0.16% | ₹99.50 Cr | +0.21% | +0.09% | +0.25% |
| Network 18 Media & Investments Ltd. | Services | 0.16% | ₹98.74 Cr | — | +0.28% | — |
| company:19777 | Financial | 0.16% | ₹98.69 Cr | — | — | — |
| company:12736 | Financial | 0.16% | ₹98.61 Cr | — | — | — |
| Aditya Birla Housing Finance Ltd. | Financial | 0.16% | ₹98.55 Cr | +0.52% | +0.28% | +0.20% |
| SBICAP Securities Ltd. | Financial | 0.16% | ₹98.46 Cr | +0.51% | +0.37% | +0.40% |
| company:10183 | Financial | 0.16% | ₹98.38 Cr | — | +0.37% | — |
| Cholamandalam Securities Ltd. | Financial | 0.12% | ₹74.85 Cr | — | — | +0.10% |
| Pilani Investment And Industries Corporation Ltd. | Financial | 0.08% | ₹49.80 Cr | — | +0.23% | +0.45% |
| Reserve Bank of India | Financial | 0.08% | ₹49.39 Cr | +3.40% | +0.05% | +2.40% |
| Goldman Sachs (India) Finance Pvt Ltd. | Financial | 0.04% | ₹24.99 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reserve Bank of India | 4.29% | 0.08% | -4.21% |
| Indian Bank | 1.94% | 0.00% | -1.94% |
| National Bank For Agriculture & Rural Development | 2.42% | 0.63% | -1.79% |
| Indusind Bank Ltd. | 1.34% | 0.00% | -1.34% |
| Bank of India | 1.62% | 0.40% | -1.22% |
| IDFC First Bank Ltd. | 0.80% | 0.00% | -0.80% |
| company:514 | 0.00% | 0.79% | +0.79% |
| DBS Bank Ltd. | 0.81% | 0.32% | -0.49% |
| Hindustan Petroleum Corporation Ltd. | 1.25% | 0.79% | -0.46% |
| company:5329 | 0.00% | 0.43% | +0.43% |
| HDFC Securities Ltd. | 0.65% | 0.23% | -0.41% |
| Tata Capital Financial Services Ltd. | 0.40% | 0.00% | -0.40% |
| Ultratech Cement Ltd. | 0.08% | 0.47% | +0.39% |
| Bajaj Housing Finance Ltd. | 0.48% | 0.86% | +0.38% |
| Can Fin Homes Ltd. | 0.40% | 0.79% | +0.38% |
| Canara Bank | 0.36% | 0.71% | +0.34% |
| Bajaj Financial Securities Ltd. | 0.64% | 0.31% | -0.33% |
| SBICAP Securities Ltd. | 0.49% | 0.16% | -0.33% |
| Power Finance Corporation Ltd. | 0.33% | 0.00% | -0.33% |
| Aditya Birla Housing Finance Ltd. | 0.48% | 0.16% | -0.32% |
| company:6953 | 0.00% | 0.31% | +0.31% |
| Bajaj Finance Ltd. | 0.28% | 0.00% | -0.28% |
| Reliance Retail Ventures Ltd. | 0.40% | 0.16% | -0.24% |
| HSBC InvestDirect Financial Services India Ltd. | 0.24% | 0.00% | -0.24% |
| Tata Communications Ltd. | 0.24% | 0.00% | -0.24% |
| Kotak Mahindra Securities Ltd. | 0.40% | 0.64% | +0.23% |
| Cholamandalam Investment and Finance Company Ltd. | 0.40% | 0.63% | +0.23% |
| company:14725 | 0.00% | 0.20% | +0.20% |
| Bharti Telecom Ltd. | 0.20% | 0.00% | -0.20% |
| HDFC Bank Ltd. | 0.04% | 0.20% | +0.16% |
| company:19777 | 0.00% | 0.16% | +0.16% |
| company:12736 | 0.00% | 0.16% | +0.16% |
| company:10183 | 0.00% | 0.16% | +0.16% |
| Tata Capital Ltd. | 0.24% | 0.39% | +0.15% |
| Maharashtra State | 0.08% | 0.00% | -0.08% |
| Julius Baer Capital India Pvt Ltd. | 0.16% | 0.23% | +0.07% |
| Angel One Ltd. | 0.24% | 0.31% | +0.07% |
| Kotak Securities Ltd. | 0.73% | 0.78% | +0.06% |
| Small Industries Devp. Bank of India Ltd. | 2.00% | 1.97% | -0.03% |
| GOI | 1.25% | 1.23% | -0.03% |
| NTPC Ltd. | 1.44% | 1.42% | -0.02% |
| Sikka Ports and Terminals Ltd. | 1.28% | 1.26% | -0.02% |
| Union Bank of India | 1.05% | 1.03% | -0.01% |
| 360 One Wam Ltd. | 0.41% | 0.39% | -0.01% |
| Export-Import Bank Of India | 0.81% | 0.79% | -0.01% |
| LIC Housing Finance Ltd. | 0.81% | 0.80% | -0.01% |
| REC Ltd. | 0.80% | 0.79% | -0.01% |
| Tata Capital Housing Finance Ltd. | 0.62% | 0.62% | -0.01% |
| Kotak Mahindra Bank Ltd. | 0.01% | 0.00% | -0.01% |
| Tata Power Company Ltd. | 0.56% | 0.56% | -0.01% |
| Axis Securities Ltd. | 0.48% | 0.48% | -0.01% |
| Grasim Industries Ltd. | 0.40% | 0.40% | -0.01% |
| Sundaram Home Finance Ltd. | 0.27% | 0.27% | -0.01% |
| Bank Of Baroda | 0.32% | 0.32% | 0.00% |
| Godrej Consumer Products Ltd. | 0.32% | 0.32% | 0.00% |
| Network 18 Media & Investments Ltd. | 0.16% | 0.16% | 0.00% |
| Toyota Financial Services Ltd. | 0.20% | 0.20% | 0.00% |
| Others | 0.25% | 0.25% | 0.00% |
| Aditya Birla Money Ltd. | 0.24% | 0.24% | 0.00% |
| Muthoot Finance Ltd. | 0.20% | 0.20% | 0.00% |
| Godrej Finance Ltd. | 0.20% | 0.20% | 0.00% |
| Punjab National Bank | 0.16% | 0.16% | 0.00% |
| Indian Oil Corporation Ltd. | 0.16% | 0.16% | 0.00% |
| HDB Financial Services Ltd. | 0.16% | 0.16% | 0.00% |
| Mindspace Business Parks REIT | 0.16% | 0.16% | 0.00% |
| Birla Group Holdings Pvt. Ltd. | 0.16% | 0.16% | 0.00% |
| Infina Finance Pvt. Ltd. | 0.16% | 0.16% | 0.00% |
| Nexus Select Trust | 0.16% | 0.16% | 0.00% |
| Godrej Properties Ltd. | 0.16% | 0.16% | 0.00% |
| Cholamandalam Securities Ltd. | 0.12% | 0.12% | 0.00% |
| Pilani Investment And Industries Corporation Ltd. | 0.08% | 0.08% | 0.00% |
| Goldman Sachs (India) Finance Pvt Ltd. | 0.04% | 0.04% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹22,488 Cr | 0.19% | 6.6% | 6.7% | 6.7% |
 Axis Liquid Fund | ₹63,343 Cr | 0.23% | 6.6% | 6.7% | 6.7% |
 DSP Liquid Fund | ₹27,920 Cr | 0.21% | 6.6% | 6.7% | 6.7% |
 Edelweiss Liquid Fund | ₹13,272 Cr | 0.17% | 6.6% | 6.7% | 6.7% |
 Franklin India Liquid Fund | ₹6,082 Cr | 0.20% | 6.7% | 6.7% | 6.7% |
 Bank of India Liquid Fund | ₹1,825 Cr | 0.15% | 6.6% | 6.7% | 6.7% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks reasonable returns, commensurate with low risk levels while providing a high level of liquidity. Approximately 80 per cent of the corpus would be invested in money market securities, while the balance would be placed in high quality debt instruments.
Fund managers
- Darshil DedhiaMr. Dedhia has done CA and CFA.He has been working with ICICI Prudential Mutual Fund since 2013.
- Nikhil KabraMr. Kabra is a B.Com and Chartered Accountant.Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.36% absolute | ₹60,000 | ₹62,016 | 3.36% | |
| 1 year6.33% annualised | ₹1,20,000 | ₹1,24,195 | 3.50% | |
| 3 years6.82% annualised | ₹3,60,000 | ₹4,00,487 | 11.25% | |
| 5 years6.24% annualised | ₹6,00,000 | ₹7,05,671 | 17.61% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential Liquid Fund?
The NAV of ICICI Prudential Liquid Fund is ₹416.71 as on 27 Sep 2026.
What is the expense ratio of ICICI Prudential Liquid Fund?
The expense ratio of ICICI Prudential Liquid Fund is 0.30% per year.
What is the minimum SIP amount for ICICI Prudential Liquid Fund?
You can start a SIP in ICICI Prudential Liquid Fund with ₹3,000 a month.
What returns has ICICI Prudential Liquid Fund given?
ICICI Prudential Liquid Fund has returned 6.5% over 1 year, 6.6% over 3 years and 6.6% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential Liquid Fund?
Lock-in: None. Exit load: 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..
How risky is ICICI Prudential Liquid Fund?
ICICI Prudential Liquid Fund is rated Low to Moderate on the SEBI riskometer and belongs to the Liquid category.
Which fund house manages ICICI Prudential Liquid Fund?
ICICI Prudential Liquid Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹11,76,218 Cr under management.