ITI Liquid Fund
- NAV as on 25 Sep 2026
- ₹1,461.590.00%1 day
- Return since launch
- 5.2%
- 52-week range
- ₹1,378.44 — ₹1,461.40
- AUM
- ₹52.01 Cr
ITI Liquid Fund is a Liquid debt fund from ITI Mutual Fund with ₹52.01 Cr under management, launched in 2019. Over three years it has returned 6.3% a year, against 6.8% for its category. The expense ratio is 0.24% and the SEBI riskometer reading is Low to Moderate.
Performance
ITI Liquid Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.0% 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 | 6.1% | −0.2 pts | 6.3% | 6.4% |
| 2Y | 6.2% | −0.2 pts | 6.4% | 6.3% |
| 3Y | 6.3% | −0.4 pts | 6.8% | 6.5% |
| 5Y | 6.3% | +0.2 pts | 6.2% | 6.5% |
| 7Y | 5.9% | −0.2 pts | 6.1% | 6.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.4% | −0.1 pts | 1.5% | 1.5% |
| 6M | 3.2% | −0.2 pts | 3.3% | 3.3% |
| 1Y | 6.0% | −0.3 pts | 6.3% | 6.3% |
| 2Y | 6.3% | −0.2 pts | 6.5% | 6.5% |
| 3Y | 6.5% | −0.2 pts | 6.8% | 6.7% |
| 5Y | 6.0% | −0.2 pts | 6.2% | 6.2% |
| 7Y | 5.2% | −0.3 pts | 5.5% | 5.5% |
Since launch (24 Apr 2019): 5.2%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.4% | −0.1 pts | 6.4% |
| 2024 | 6.9% | −0.4 pts | 7.3% |
| 2023 | 6.6% | −0.3 pts | 7.0% |
| 2022 | 4.6% | −0.2 pts | 4.8% |
| 2021 | 3.0% | −0.3 pts | 3.3% |
| 2020 | 3.2% | −0.8 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
0.24%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.20%
- Brokerage
- 0.00%
- Transaction charges
- 0.01%
- Statutory levies
- 0.03%
- 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.
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 | 3.99 | 4.97 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 7.00 | 9.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.17 | 0.20 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ITI Liquid Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt81.9%
- Other18.1%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 18.44% | ₹9.58 Cr | +1.14% | +0.99% | +0.90% |
| Reserve Bank of India | Financial | 13.43% | ₹6.98 Cr | +20.45% | +14.29% | +2.51% |
| company:14899 | Financial | 9.62% | ₹5.00 Cr | — | — | — |
| Canara Bank | Financial | 9.59% | ₹4.99 Cr | +10.24% | +7.15% | +8.47% |
| Punjab National Bank | Financial | 8.63% | ₹4.49 Cr | — | +7.15% | — |
| ICICI Securities Ltd. | Financial | 7.69% | ₹4.00 Cr | — | +8.81% | +8.42% |
| HDFC Bank Ltd. | Financial | 7.68% | ₹3.99 Cr | +10.23% | — | +6.78% |
| ICICI Bank Ltd. | Financial | 7.67% | ₹3.99 Cr | — | — | — |
| Kotak Mahindra Securities Ltd. | Financial | 7.66% | ₹3.98 Cr | — | — | — |
| company:11647 | Financial | 3.83% | ₹1.99 Cr | — | — | — |
| National Bank For Agriculture & Rural Development | Financial | 1.92% | ₹1.00 Cr | — | — | +9.33% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Kotak Mahindra Bank Ltd. | 10.37% | 0.00% | -10.37% |
| company:14899 | 0.00% | 9.62% | +9.62% |
| LIC Housing Finance Ltd. | 8.34% | 0.00% | -8.34% |
| company:11647 | 0.00% | 3.83% | +3.83% |
| Reserve Bank of India | 14.50% | 13.43% | -1.07% |
| Canara Bank | 10.35% | 9.59% | -0.76% |
| Punjab National Bank | 9.31% | 8.63% | -0.68% |
| ICICI Bank Ltd. | 8.28% | 7.67% | -0.61% |
| HDFC Bank Ltd. | 8.28% | 7.68% | -0.60% |
| Kotak Mahindra Securities Ltd. | 8.26% | 7.66% | -0.60% |
| ICICI Securities Ltd. | 8.29% | 7.69% | -0.60% |
| National Bank For Agriculture & Rural Development | 2.07% | 1.92% | -0.15% |
| Others | 0.39% | 0.36% | -0.03% |
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 to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.
Fund managers
- Laukik BagweMr. Bagwe is a B.Com (H) and PGDBA (Finance)Prior to joining ITI Mutual fund he has worked with DSP Mutual Fund, Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
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 year6.01% annualised | ₹1,20,000 | ₹1,23,979 | 3.32% | |
| 3 years6.53% annualised | ₹3,60,000 | ₹3,98,653 | 10.74% | |
| 5 years5.97% annualised | ₹6,00,000 | ₹7,00,631 | 16.77% |
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.