Nippon India Liquid Fund
LiquidModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹6,870.41+0.01%1 day
- Return since launch
- 6.8%
- 52-week range
- ₹6,456.82 — ₹6,870.01
- AUM
- ₹43,125 Cr
Nippon India Liquid Fund is a Liquid debt fund from Nippon India Mutual Fund with ₹43,125 Cr under management, launched in 2003. Over three years it has returned 6.6% a year, against 6.8% for its category. The expense ratio is 0.38% and the SEBI riskometer reading is Moderate.
Performance
Nippon India Liquid Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.4% against +6.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.6% | +0.3 pts | 6.3% | 6.4% |
| 2Y | 6.5% | +0.1 pts | 6.4% | 6.4% |
| 3Y | 6.6% | −0.1 pts | 6.8% | 6.5% |
| 5Y | 6.7% | +0.5 pts | 6.2% | 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 | 1.6% | 0.0 pts | 1.6% | 1.6% |
| 6M | 3.4% | +0.1 pts | 3.4% | 3.4% |
| 1Y | 6.4% | +0.1 pts | 6.3% | 6.3% |
| 2Y | 6.6% | +0.1 pts | 6.5% | 6.5% |
| 3Y | 6.8% | +0.1 pts | 6.8% | 6.7% |
| 5Y | 6.3% | 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 (9 Dec 2003): 6.8%
Calendar-year returns
Category average4.3%
3.2%
4.8%
7.0%
7.3%
6.5%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.5% | 0.0 pts | 6.4% |
| 2024 | 7.3% | 0.0 pts | 7.3% |
| 2023 | 7.0% | 0.0 pts | 7.0% |
| 2022 | 4.8% | 0.0 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
0.38%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.32%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.06%
- 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
- NIFTY Liquid Index A-I
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid 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 | 4.59 | 4.97 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 10.23 | 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
Nippon India Liquid Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt96.3%
- Other3.7%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 3.97% | ₹1,720 Cr | +1.50% | +1.45% | +1.50% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.37% | ₹592 Cr | +0.31% | — | — |
| Reserve Bank of India | Financial | 1.37% | ₹590 Cr | +3.09% | +1.96% | +1.87% |
| Can Fin Homes Ltd. | Financial | 1.16% | ₹500 Cr | — | — | +0.65% |
| HDFC Bank Ltd. | Financial | 1.16% | ₹499 Cr | +1.08% | +1.29% | +2.33% |
| Punjab National Bank | Financial | 1.16% | ₹499 Cr | +0.16% | +0.61% | +0.72% |
| The Federal Bank Ltd. | Financial | 1.16% | ₹499 Cr | — | +0.30% | — |
| Bajaj Housing Finance Ltd. | Financial | 1.15% | ₹496 Cr | — | +0.45% | — |
| Indian Overseas Bank | Financial | 1.15% | ₹497 Cr | — | — | +0.80% |
| NTPC Ltd. | Energy | 1.15% | ₹497 Cr | +2.34% | — | — |
| Union Bank of India | Financial | 1.15% | ₹496 Cr | +0.77% | +0.15% | +2.90% |
| National Bank For Agriculture & Rural Development | Financial | 1.14% | ₹494 Cr | +1.24% | +1.50% | +0.88% |
| Export-Import Bank Of India | Financial | 0.99% | ₹424 Cr | +1.54% | +1.50% | — |
| Central Bank of India | Financial | 0.92% | ₹398 Cr | +0.93% | +1.05% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.92% | ₹399 Cr | +6.60% | +5.19% | +4.80% |
| company:608 | Energy | 0.91% | ₹394 Cr | +0.63% | — | — |
| HDFC Securities Ltd. | Financial | 0.87% | ₹375 Cr | +0.62% | +0.75% | +0.97% |
| IndiGrid Infrastructure Trust | Capital Goods | 0.72% | ₹310 Cr | — | — | — |
| Indusind Bank Ltd. | Financial | 0.70% | ₹300 Cr | +1.55% | +2.25% | — |
| Karur Vysya Bank Ltd. | Financial | 0.69% | ₹299 Cr | +0.78% | +1.83% | +2.39% |
| SEIL Energy India Ltd. | Capital Goods | 0.69% | ₹299 Cr | — | — | — |
| Tata Capital Housing Finance Ltd. | Financial | 0.69% | ₹298 Cr | +0.31% | +0.46% | +0.16% |
| IIFL Finance Ltd. | Financial | 0.68% | ₹295 Cr | +0.31% | +0.91% | +0.64% |
| GOI | Sovereign | 0.61% | ₹265 Cr | — | +2.77% | — |
| Grasim Industries Ltd. | Materials | 0.58% | ₹249 Cr | — | +1.52% | — |
| ICICI Bank Ltd. | Financial | 0.58% | ₹249 Cr | — | — | — |
| Reliance Retail Ventures Ltd. | Services | 0.58% | ₹250 Cr | +0.94% | +1.52% | +1.44% |
| Axis Bank Ltd. | Financial | 0.57% | ₹246 Cr | +0.24% | +1.52% | +1.59% |
| company:235 | Automobile | 0.57% | ₹246 Cr | — | — | — |
| company:514 | Energy | 0.57% | ₹247 Cr | — | — | — |
| Tata Realty and Infrastructure Ltd. | Construction | 0.52% | ₹225 Cr | +0.55% | — | — |
| Aditya Birla Capital Ltd. | Financial | 0.46% | ₹198 Cr | — | +1.50% | — |
| Aditya Birla Housing Finance Ltd. | Financial | 0.46% | ₹198 Cr | — | +0.90% | +1.27% |
| Bajaj Financial Securities Ltd. | Financial | 0.46% | ₹197 Cr | +0.31% | — | +0.72% |
| Birla Group Holdings Pvt. Ltd. | Financial | 0.46% | ₹197 Cr | +0.62% | +0.30% | — |
| Hero FinCorp Ltd. | Financial | 0.46% | ₹197 Cr | +0.62% | — | — |
| IDBI Bank Ltd. | Financial | 0.46% | ₹199 Cr | +2.33% | +0.45% | +1.61% |
| IIFL Home Finance Ltd. | Financial | 0.46% | ₹197 Cr | +0.62% | — | — |
| Indian Bank | Financial | 0.46% | ₹199 Cr | +0.13% | +1.51% | +1.68% |
| Kisetsu Saison Finance (India) Pvt Ltd. | Financial | 0.46% | ₹197 Cr | +0.31% | +0.30% | +0.80% |
| Kotak Mahindra Securities Ltd. | Financial | 0.46% | ₹197 Cr | +0.53% | +0.23% | — |
| Manappuram Finance Ltd. | Financial | 0.46% | ₹197 Cr | +0.62% | +1.35% | +1.11% |
| Motilal Oswal Financial Services Ltd. | Financial | 0.46% | ₹197 Cr | +0.62% | +0.60% | — |
| company:20045 | Construction | 0.46% | ₹198 Cr | — | — | — |
| Alembic Pharmaceuticals Ltd. | Healthcare | 0.35% | ₹149 Cr | — | — | — |
| HSBC InvestDirect Financial Services India Ltd. | Financial | 0.35% | ₹150 Cr | +0.19% | +0.38% | +0.32% |
| Sharekhan Ltd. | Financial | 0.35% | ₹150 Cr | +0.62% | +0.90% | +0.32% |
| Punjab & Sind Bank | Financial | 0.34% | ₹148 Cr | +0.93% | +1.07% | +0.64% |
| Development Bank of Singapore | Financial | 0.29% | ₹124 Cr | — | — | — |
| ICICI Securities Ltd. | Financial | 0.29% | ₹123 Cr | +1.10% | +0.60% | +0.80% |
| company:2119 | Construction | 0.29% | ₹125 Cr | — | — | +0.64% |
| 360 One Wam Ltd. | Financial | 0.23% | ₹98.93 Cr | — | +0.53% | +0.56% |
| Aditya Birla Money Ltd. | Financial | 0.23% | ₹99.68 Cr | — | +0.38% | +0.48% |
| Balrampur Chini Mills Ltd. | Consumer Staples | 0.23% | ₹99.63 Cr | +0.47% | — | +0.16% |
| Godrej Housing Finance Ltd. | Financial | 0.23% | ₹98.61 Cr | — | +0.23% | — |
| Minda Corporation Ltd. | Automobile | 0.23% | ₹99.95 Cr | — | — | — |
| Muthoot Fincorp Ltd. | Financial | 0.23% | ₹98.18 Cr | — | — | — |
| NU VISTA Ltd. | Materials | 0.23% | ₹98.59 Cr | +0.31% | — | — |
| Nuvama Wealth Management Ltd. | Financial | 0.23% | ₹99.84 Cr | — | — | — |
| company:12316 | Financial | 0.23% | ₹99.67 Cr | — | — | — |
| company:20826 | Financial | 0.23% | ₹98.71 Cr | — | — | — |
| company:8137 | Services | 0.23% | ₹98.88 Cr | +0.63% | +0.53% | — |
| company:9186 | Financial | 0.23% | ₹98.27 Cr | — | — | — |
| GIC Housing Finance Ltd. | Financial | 0.17% | ₹74.77 Cr | — | — | +0.48% |
| IGH Holdings Pvt. Ltd. | Communication | 0.17% | ₹74.90 Cr | +0.54% | +0.30% | +0.56% |
| Tamilnadu State | Others | 0.14% | ₹59.47 Cr | — | — | +0.05% |
| Angel One Ltd. | Financial | 0.12% | ₹49.94 Cr | +0.46% | — | — |
| Bank Of Baroda | Financial | 0.12% | ₹49.62 Cr | +1.08% | +1.28% | +0.08% |
| Indian Railway Finance Corporation Ltd. | Financial | 0.12% | ₹50.04 Cr | — | — | — |
| LIC Housing Finance Ltd. | Financial | 0.12% | ₹50.00 Cr | — | — | — |
| Mirae Asset Capital Markets (India) Pvt. Ltd. | Financial | 0.12% | ₹49.91 Cr | +0.63% | — | +0.24% |
| Nuvama Clearing Services Ltd. | Financial | 0.12% | ₹49.92 Cr | — | — | — |
| Nuvama Wealth and Investment Limited | Financial | 0.12% | ₹49.92 Cr | — | — | — |
| company:15668 | Communication | 0.12% | ₹50.14 Cr | — | — | — |
| company:6961 | Others | 0.12% | ₹50.16 Cr | — | — | — |
| DSP Finance Pvt Ltd. | Financial | 0.11% | ₹49.22 Cr | +0.31% | — | — |
| SBICAP Securities Ltd. | Financial | 0.06% | ₹24.97 Cr | +0.31% | +0.60% | +0.32% |
| company:6919 | Others | 0.06% | ₹25.06 Cr | — | +0.02% | +0.03% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | 1.80% | 0.58% | -1.22% |
| HDFC Bank Ltd. | 0.12% | 1.16% | +1.04% |
| company:608 | 0.00% | 0.91% | +0.91% |
| Export-Import Bank Of India | 0.96% | 0.06% | -0.90% |
| National Bank For Agriculture & Rural Development | 0.24% | 1.14% | +0.90% |
| Hindustan Petroleum Corporation Ltd. | 0.60% | 1.37% | +0.77% |
| HDFC Securities Ltd. | 0.12% | 0.87% | +0.75% |
| Bank Of Baroda | 0.84% | 0.12% | -0.72% |
| Adani Ports and Special Economic Zone Ltd. | 0.60% | 0.00% | -0.60% |
| Bharti Telecom Ltd. | 0.60% | 0.00% | -0.60% |
| Jamnagar Utilities and Power Pvt. Ltd. | 0.60% | 0.00% | -0.60% |
| company:235 | 0.00% | 0.57% | +0.57% |
| company:514 | 0.00% | 0.57% | +0.57% |
| Indusind Bank Ltd. | 1.20% | 0.70% | -0.50% |
| Aditya Birla Real Estate Ltd | 0.48% | 0.00% | -0.48% |
| company:20045 | 0.00% | 0.46% | +0.46% |
| IIFL Finance Ltd. | 0.24% | 0.68% | +0.44% |
| Axis Bank Ltd. | 0.18% | 0.57% | +0.39% |
| Punjab & Sind Bank | 0.72% | 0.34% | -0.38% |
| company:2119 | 0.00% | 0.29% | +0.29% |
| Bajaj Financial Securities Ltd. | 0.19% | 0.46% | +0.27% |
| Godrej Housing Finance Ltd. | 0.48% | 0.23% | -0.25% |
| Reserve Bank of India | 1.13% | 1.37% | +0.24% |
| company:12316 | 0.00% | 0.23% | +0.23% |
| company:20826 | 0.00% | 0.23% | +0.23% |
| company:8137 | 0.00% | 0.23% | +0.23% |
| company:9186 | 0.00% | 0.23% | +0.23% |
| Angel One Ltd. | 0.35% | 0.12% | -0.23% |
| SBICAP Securities Ltd. | 0.24% | 0.06% | -0.18% |
| Kisetsu Saison Finance (India) Pvt Ltd. | 0.60% | 0.46% | -0.14% |
| Kotak Mahindra Securities Ltd. | 0.60% | 0.46% | -0.14% |
| Sharekhan Ltd. | 0.48% | 0.35% | -0.13% |
| Tamilnadu State | 0.02% | 0.14% | +0.12% |
| Bajaj Finance Ltd. | 0.12% | 0.00% | -0.12% |
| Hero Housing Finance Ltd. | 0.12% | 0.00% | -0.12% |
| Power Finance Corporation Ltd. | 0.12% | 0.00% | -0.12% |
| company:15668 | 0.00% | 0.12% | +0.12% |
| company:6961 | 0.00% | 0.12% | +0.12% |
| company:6919 | 0.00% | 0.06% | +0.06% |
| Indian Overseas Bank | 1.20% | 1.15% | -0.05% |
| Tata Motors Finance Ltd. | 0.05% | 0.00% | -0.05% |
| ICICI Securities Ltd. | 0.24% | 0.29% | +0.05% |
| Bajaj Housing Finance Ltd. | 1.19% | 1.15% | -0.04% |
| Can Fin Homes Ltd. | 1.20% | 1.16% | -0.04% |
| NTPC Ltd. | 1.19% | 1.15% | -0.04% |
| Punjab National Bank | 1.20% | 1.16% | -0.04% |
| The Federal Bank Ltd. | 1.20% | 1.16% | -0.04% |
| Union Bank of India | 1.19% | 1.15% | -0.04% |
| Kotak Mahindra Bank Ltd. | 0.04% | 0.00% | -0.04% |
| Central Bank of India | 0.96% | 0.92% | -0.04% |
| GOI | 0.64% | 0.61% | -0.03% |
| IndiGrid Infrastructure Trust | 0.75% | 0.72% | -0.03% |
| Karur Vysya Bank Ltd. | 0.72% | 0.69% | -0.03% |
| SEIL Energy India Ltd. | 0.72% | 0.69% | -0.03% |
| Tata Capital Housing Finance Ltd. | 0.72% | 0.69% | -0.03% |
| Grasim Industries Ltd. | 0.60% | 0.58% | -0.02% |
| ICICI Bank Ltd. | 0.60% | 0.58% | -0.02% |
| Reliance Retail Ventures Ltd. | 0.60% | 0.58% | -0.02% |
| Tata Realty and Infrastructure Ltd. | 0.54% | 0.52% | -0.02% |
| Aditya Birla Capital Ltd. | 0.48% | 0.46% | -0.02% |
| Aditya Birla Housing Finance Ltd. | 0.48% | 0.46% | -0.02% |
| Birla Group Holdings Pvt. Ltd. | 0.48% | 0.46% | -0.02% |
| Hero FinCorp Ltd. | 0.48% | 0.46% | -0.02% |
| IDBI Bank Ltd. | 0.48% | 0.46% | -0.02% |
| IIFL Home Finance Ltd. | 0.48% | 0.46% | -0.02% |
| Indian Bank | 0.48% | 0.46% | -0.02% |
| Manappuram Finance Ltd. | 0.48% | 0.46% | -0.02% |
| Motilal Oswal Financial Services Ltd. | 0.48% | 0.46% | -0.02% |
| Alembic Pharmaceuticals Ltd. | 0.36% | 0.35% | -0.01% |
| Development Bank of Singapore | 0.30% | 0.29% | -0.01% |
| HSBC InvestDirect Financial Services India Ltd. | 0.36% | 0.35% | -0.01% |
| Gujarat State | 0.01% | 0.00% | -0.01% |
| Kerala State | 0.01% | 0.00% | -0.01% |
| Maharashtra State | 0.01% | 0.00% | -0.01% |
| DSP Finance Pvt Ltd. | 0.12% | 0.11% | -0.01% |
| 360 One Wam Ltd. | 0.24% | 0.23% | -0.01% |
| Aditya Birla Money Ltd. | 0.24% | 0.23% | -0.01% |
| Balrampur Chini Mills Ltd. | 0.24% | 0.23% | -0.01% |
| GIC Housing Finance Ltd. | 0.18% | 0.17% | -0.01% |
| IGH Holdings Pvt. Ltd. | 0.18% | 0.17% | -0.01% |
| Minda Corporation Ltd. | 0.24% | 0.23% | -0.01% |
| Muthoot Fincorp Ltd. | 0.24% | 0.23% | -0.01% |
| NU VISTA Ltd. | 0.24% | 0.23% | -0.01% |
| Nuvama Wealth Management Ltd. | 0.24% | 0.23% | -0.01% |
| Others | 0.24% | 0.23% | -0.01% |
| Indian Railway Finance Corporation Ltd. | 0.12% | 0.12% | 0.00% |
| LIC Housing Finance Ltd. | 0.12% | 0.12% | 0.00% |
| Mirae Asset Capital Markets (India) Pvt. Ltd. | 0.12% | 0.12% | 0.00% |
| Nuvama Clearing Services Ltd. | 0.12% | 0.12% | 0.00% |
| Nuvama Wealth and Investment Limited | 0.12% | 0.12% | 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% | 6.7% | 6.7% | 6.7% |
 Axis Liquid Fund | ₹63,343 Cr | 0.23% | 6.7% | 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% | 6.7% | 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 generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Vikash AgarwalMr. Agarwal is a B.Com., CA, CFAPrior to joining Nippon AMC, he has worked with HDFC AMC, Larsen & Toubro 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 months3.44% absolute | ₹60,000 | ₹62,064 | 3.44% | |
| 1 year6.40% annualised | ₹1,20,000 | ₹1,24,242 | 3.54% | |
| 3 years6.84% annualised | ₹3,60,000 | ₹4,00,614 | 11.28% | |
| 5 years6.25% annualised | ₹6,00,000 | ₹7,05,859 | 17.64% |
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 Nippon India Liquid Fund?
The NAV of Nippon India Liquid Fund is ₹6,870.41 as on 24 Sep 2026.
What is the expense ratio of Nippon India Liquid Fund?
The expense ratio of Nippon India Liquid Fund is 0.38% per year.
What is the minimum SIP amount for Nippon India Liquid Fund?
You can start a SIP in Nippon India Liquid Fund with ₹3,000 a month.
What returns has Nippon India Liquid Fund given?
Nippon India Liquid Fund has returned 6.6% over 1 year, 6.6% over 3 years and 6.7% over 5 years (annualised).
Is there a lock-in or exit load on Nippon India 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 Nippon India Liquid Fund?
Nippon India Liquid Fund is rated Moderate on the SEBI riskometer and belongs to the Liquid category.
Which fund house manages Nippon India Liquid Fund?
Nippon India Liquid Fund is managed by Nippon India Mutual Fund, which runs 75 schemes with ₹7,67,506 Cr under management.