ICICI Prudential Liquid Fund
LiquidLow to ModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹419.63+0.03%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹394.36 — ₹419.38
- AUM
- ₹57,671 Cr
ICICI Prudential Liquid Fund is a Liquid debt fund from ICICI Prudential Mutual Fund with ₹57,671 Cr under management, launched in 2005. Over three years it has returned 6.5% a year, against 6.7% 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 | 6.4% | +0.1 pts | 6.3% | 6.3% |
| 2Y | 6.4% | +0.1 pts | 6.3% | 6.3% |
| 3Y | 6.5% | −0.2 pts | 6.7% | 6.5% |
| 5Y | 6.6% | +0.4 pts | 6.3% | 6.5% |
| 7Y | 6.2% | +0.1 pts | 6.1% | 6.1% |
| 10Y | 6.0% | +0.1 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 | 3.2% | 0.0 pts | 3.1% | 3.1% |
| 1Y | 6.4% | +0.1 pts | 6.3% | 6.3% |
| 2Y | 6.5% | 0.0 pts | 6.4% | 6.4% |
| 3Y | 6.8% | +0.1 pts | 6.7% | 6.7% |
| 5Y | 6.3% | 0.0 pts | 6.3% | 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 5 Nov 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 | 4.58 | 5.05 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 12.09 | 12.32 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.22 | 0.21 | 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 30 Sep 2026
Asset allocation
- Debt96.2%
- Other3.8%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 4.48% | ₹2,481 Cr | +0.09% | +2.29% | +2.16% |
| Reserve Bank of India | Financial | 4.14% | ₹2,289 Cr | +0.64% | +10.37% | +2.61% |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.28% | ₹1,259 Cr | +4.53% | +1.15% | +0.66% |
| NTPC Ltd. | Energy | 1.53% | ₹849 Cr | +0.46% | — | +0.54% |
| Sikka Ports and Terminals Ltd. | Energy | 1.44% | ₹798 Cr | — | — | — |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.43% | ₹794 Cr | +0.36% | — | +0.11% |
| Export-Import Bank Of India | Financial | 1.35% | ₹746 Cr | +0.73% | +1.15% | +0.33% |
| Reliance Retail Ventures Ltd. | Services | 1.34% | ₹743 Cr | +0.45% | +1.15% | +0.76% |
| Bank of India | Financial | 1.25% | ₹691 Cr | +2.72% | +0.29% | +1.08% |
| Bajaj Housing Finance Ltd. | Financial | 0.98% | ₹545 Cr | +0.41% | +1.50% | +0.55% |
| Union Bank of India | Financial | 0.90% | ₹498 Cr | +1.17% | +1.15% | +0.49% |
| REC Ltd. | Financial | 0.90% | ₹498 Cr | +0.27% | — | +0.11% |
| Bank Of Baroda | Financial | 0.90% | ₹497 Cr | +1.36% | +1.56% | +0.54% |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.90% | ₹496 Cr | +0.82% | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 0.90% | ₹496 Cr | — | — | — |
| Kotak Mahindra Securities Ltd. | Financial | 0.90% | ₹496 Cr | +0.45% | +0.69% | +0.65% |
| Can Fin Homes Ltd. | Financial | 0.90% | ₹496 Cr | +0.45% | +0.69% | — |
| Kotak Securities Ltd. | Financial | 0.89% | ₹495 Cr | +0.82% | +1.15% | +0.87% |
| Titan Company Ltd. | Consumer Discretionary | 0.89% | ₹494 Cr | — | — | — |
| Birla Group Holdings Pvt. Ltd. | Financial | 0.89% | ₹494 Cr | +0.18% | +0.40% | +0.22% |
| LIC Housing Finance Ltd. | Financial | 0.85% | ₹472 Cr | +1.81% | — | +1.08% |
| National Bank For Agriculture & Rural Development | Financial | 0.72% | ₹397 Cr | +2.72% | +0.57% | +1.62% |
| Reliance Industries Ltd. | Energy | 0.71% | ₹395 Cr | — | — | — |
| Tata Capital Housing Finance Ltd. | Financial | 0.70% | ₹389 Cr | — | — | +0.54% |
| Bharti Telecom Ltd. | Communication | 0.69% | ₹381 Cr | +0.23% | +0.35% | +0.22% |
| The Federal Bank Ltd. | Financial | 0.63% | ₹348 Cr | — | — | — |
| Indian Oil Corporation Ltd. | Energy | 0.62% | ₹346 Cr | +0.18% | — | +2.27% |
| Ultratech Cement Ltd. | Materials | 0.54% | ₹298 Cr | +0.09% | — | +1.08% |
| Axis Bank Ltd. | Financial | 0.49% | ₹272 Cr | — | +1.16% | +1.41% |
| 360 One Wam Ltd. | Financial | 0.45% | ₹248 Cr | +0.45% | +0.35% | +0.38% |
| Tata Capital Ltd. | Financial | 0.45% | ₹248 Cr | +0.27% | — | — |
| Tata Steel Ltd. | Metals & Mining | 0.36% | ₹199 Cr | — | — | +1.08% |
| Axis Securities Ltd. | Others | 0.36% | ₹199 Cr | +0.54% | +0.23% | +0.43% |
| Bajaj Financial Securities Ltd. | Financial | 0.36% | ₹198 Cr | +0.72% | +0.69% | +0.43% |
| Canara Bank | Financial | 0.36% | ₹198 Cr | +0.41% | +0.69% | +0.11% |
| PNB Housing Finance Ltd. | Financial | 0.36% | ₹198 Cr | — | — | — |
| Godrej Finance Ltd. | Financial | 0.36% | ₹198 Cr | +0.23% | — | — |
| Angel One Ltd. | Financial | 0.36% | ₹198 Cr | +0.27% | +0.23% | +0.54% |
| Aditya Birla Money Ltd. | Financial | 0.27% | ₹149 Cr | +0.09% | +0.12% | — |
| Nexus Select Trust | Construction | 0.27% | ₹149 Cr | +0.18% | — | — |
| HDFC Securities Ltd. | Financial | 0.27% | ₹148 Cr | +0.73% | +0.46% | +0.11% |
| Julius Baer Capital India Pvt Ltd. | Financial | 0.27% | ₹148 Cr | +0.18% | +0.23% | — |
| Redington Ltd. | Services | 0.27% | ₹148 Cr | — | — | — |
| Aditya Birla Capital Ltd. | Financial | 0.23% | ₹129 Cr | +0.92% | +0.23% | +0.54% |
| Network 18 Media & Investments Ltd. | Services | 0.18% | ₹99.26 Cr | +0.18% | +0.35% | +0.05% |
| Jio Credit Ltd. | Financial | 0.18% | ₹99.25 Cr | — | — | — |
| TVS Credit Services Ltd. | Financial | 0.18% | ₹99.19 Cr | — | — | — |
| SBICAP Securities Ltd. | Financial | 0.18% | ₹99.04 Cr | +0.54% | +0.46% | — |
| Barclays Investments & Loans Ltd. | Financial | 0.18% | ₹98.95 Cr | — | +0.46% | — |
| Bajaj Finance Ltd. | Financial | 0.18% | ₹98.65 Cr | +0.31% | +0.70% | +0.54% |
| 360 ONE Wealth Ltd. | Financial | 0.18% | ₹98.61 Cr | — | +0.46% | +0.32% |
| Muthoot Finance Ltd. | Financial | 0.13% | ₹74.22 Cr | +0.23% | +0.12% | — |
| Aditya Birla Housing Finance Ltd. | Financial | 0.09% | ₹49.68 Cr | — | +0.69% | +0.22% |
| Kotak Mahindra Prime Ltd. | Financial | 0.07% | ₹39.94 Cr | — | — | — |
| Uttar Pradesh State | Others | 0.05% | ₹30.05 Cr | — | — | — |
| Sundaram Home Finance Ltd. | Financial | 0.05% | ₹25.03 Cr | +0.31% | — | — |
| Tata Capital Financial Services Ltd. | Financial | 0.05% | ₹25.03 Cr | +0.45% | — | — |
| Indian Bank | Financial | 0.04% | ₹24.73 Cr | +2.18% | +1.04% | +0.54% |
| Others | Others | -6.54% | ₹-3,618.86 Cr | +1.06% | +1.33% | +1.22% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reserve Bank of India | 0.08% | 4.14% | +4.06% |
| HDFC Bank Ltd. | 0.20% | 2.68% | +2.48% |
| company:4578 | 1.23% | 0.00% | -1.23% |
| Reliance Retail Ventures Ltd. | 0.16% | 1.34% | +1.18% |
| Godrej Consumer Products Ltd. | 0.32% | 1.43% | +1.12% |
| Titan Company Ltd. | 0.00% | 0.89% | +0.89% |
| Bank of India | 0.40% | 1.25% | +0.85% |
| Birla Group Holdings Pvt. Ltd. | 0.16% | 0.89% | +0.73% |
| Reliance Industries Ltd. | 0.00% | 0.71% | +0.71% |
| Bharti Telecom Ltd. | 0.00% | 0.69% | +0.69% |
| company:720 | 0.63% | 0.00% | -0.63% |
| The Federal Bank Ltd. | 0.00% | 0.63% | +0.63% |
| Bank Of Baroda | 0.32% | 0.90% | +0.58% |
| company:3911 | 0.56% | 0.00% | -0.56% |
| Export-Import Bank Of India | 0.79% | 1.35% | +0.55% |
| Indian Oil Corporation Ltd. | 0.16% | 0.62% | +0.47% |
| company:1308 | 0.40% | 0.00% | -0.40% |
| Tata Steel Ltd. | 0.00% | 0.36% | +0.36% |
| Canara Bank | 0.71% | 0.36% | -0.35% |
| company:11073 | 0.32% | 0.00% | -0.32% |
| Small Industries Devp. Bank of India Ltd. | 1.97% | 2.25% | +0.28% |
| Redington Ltd. | 0.00% | 0.27% | +0.27% |
| Kotak Mahindra Securities Ltd. | 0.64% | 0.90% | +0.26% |
| Sundaram Home Finance Ltd. | 0.27% | 0.05% | -0.22% |
| company:13404 | 0.20% | 0.00% | -0.20% |
| Bajaj Finance Ltd. | 0.00% | 0.18% | +0.18% |
| 360 ONE Wealth Ltd. | 0.00% | 0.18% | +0.18% |
| Sikka Ports and Terminals Ltd. | 1.26% | 1.44% | +0.18% |
| company:11622 | 0.16% | 0.00% | -0.16% |
| Godrej Finance Ltd. | 0.20% | 0.36% | +0.16% |
| company:5500 | 0.16% | 0.00% | -0.16% |
| company:16204 | 0.16% | 0.00% | -0.16% |
| company:5492 | 0.16% | 0.00% | -0.16% |
| company:9765 | 0.16% | 0.00% | -0.16% |
| Union Bank of India | 1.03% | 0.90% | -0.13% |
| Bajaj Housing Finance Ltd. | 0.86% | 0.98% | +0.12% |
| company:19234 | 0.12% | 0.00% | -0.12% |
| Axis Securities Ltd. | 0.48% | 0.36% | -0.12% |
| REC Ltd. | 0.79% | 0.90% | +0.11% |
| Hindustan Petroleum Corporation Ltd. | 0.79% | 0.90% | +0.11% |
| Bharat Petroleum Corporation Ltd. | 0.79% | 0.90% | +0.11% |
| Kotak Securities Ltd. | 0.78% | 0.89% | +0.11% |
| Can Fin Homes Ltd. | 0.79% | 0.90% | +0.11% |
| NTPC Ltd. | 1.42% | 1.53% | +0.11% |
| Nexus Select Trust | 0.16% | 0.27% | +0.11% |
| National Bank For Agriculture & Rural Development | 0.63% | 0.72% | +0.09% |
| Tata Capital Housing Finance Ltd. | 0.62% | 0.70% | +0.09% |
| company:4900 | 0.08% | 0.00% | -0.08% |
| LIC Housing Finance Ltd. | 0.80% | 0.72% | -0.08% |
| Aditya Birla Housing Finance Ltd. | 0.16% | 0.09% | -0.07% |
| Ultratech Cement Ltd. | 0.47% | 0.54% | +0.07% |
| Muthoot Finance Ltd. | 0.20% | 0.13% | -0.06% |
| Axis Bank Ltd. | 0.43% | 0.49% | +0.06% |
| 360 One Wam Ltd. | 0.39% | 0.45% | +0.06% |
| Tata Capital Ltd. | 0.39% | 0.45% | +0.06% |
| Uttar Pradesh State | 0.00% | 0.05% | +0.05% |
| Tata Capital Financial Services Ltd. | 0.00% | 0.05% | +0.05% |
| Kotak Mahindra Prime Ltd. | 0.00% | 0.05% | +0.05% |
| Indian Bank | 0.00% | 0.04% | +0.04% |
| Angel One Ltd. | 0.31% | 0.36% | +0.04% |
| Bajaj Financial Securities Ltd. | 0.31% | 0.36% | +0.04% |
| PNB Housing Finance Ltd. | 0.31% | 0.36% | +0.04% |
| company:20260 | 0.04% | 0.00% | -0.04% |
| Others | 0.25% | 0.28% | +0.03% |
| Aditya Birla Money Ltd. | 0.24% | 0.27% | +0.03% |
| HDFC Securities Ltd. | 0.23% | 0.27% | +0.03% |
| Julius Baer Capital India Pvt Ltd. | 0.23% | 0.27% | +0.03% |
| Aditya Birla Capital Ltd. | 0.20% | 0.23% | +0.03% |
| TVS Credit Services Ltd. | 0.16% | 0.18% | +0.02% |
| Jio Credit Ltd. | 0.16% | 0.18% | +0.02% |
| SBICAP Securities Ltd. | 0.16% | 0.18% | +0.02% |
| Barclays Investments & Loans Ltd. | 0.16% | 0.18% | +0.02% |
| Network 18 Media & Investments Ltd. | 0.16% | 0.18% | +0.02% |
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 | ₹16,105 Cr | 0.20% | 6.5% | 6.6% | 6.7% |
 Axis Liquid Fund | ₹53,784 Cr | 0.26% | 6.5% | 6.6% | 6.7% |
 Edelweiss Liquid Fund | ₹17,831 Cr | 0.19% | 6.5% | 6.6% | 6.7% |
 Franklin India Liquid Fund | ₹4,811 Cr | 0.20% | 6.6% | 6.7% | 6.7% |
 Bank of India Liquid Fund | ₹2,326 Cr | 0.15% | 6.5% | 6.7% | 6.7% |
 PGIM India Liquid Fund | ₹1,773 Cr | 0.22% | 6.5% | 6.6% | 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 months3.17% absolute | ₹60,000 | ₹61,902 | 3.17% | |
| 1 year6.36% annualised | ₹1,20,000 | ₹1,24,215 | 3.51% | |
| 3 years6.79% annualised | ₹3,60,000 | ₹4,00,296 | 11.19% | |
| 5 years6.31% annualised | ₹6,00,000 | ₹7,06,985 | 17.83% |
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 ₹419.63 as on 9 Nov 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 6.4% over 1 year, 6.5% 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 ₹12,20,481 Cr under management.