Tata Liquid Fund
LiquidLow to ModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹4,433.35+0.01%1 day
- Return since launch
- 7.0%
- 52-week range
- ₹4,167.23 — ₹4,433.07
- AUM
- ₹32,370 Cr
Tata Liquid Fund is a Liquid debt fund from Tata Mutual Fund with ₹32,370 Cr under management, launched in 2004. Over three years it has returned 6.6% a year, against 6.8% for its category. The expense ratio is 0.33% and the SEBI riskometer reading is Low to Moderate.
Performance
Tata 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 | 6.5% | +0.2 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% | 0.0 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% | 0.0 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 | 6.2% | 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 (20 Aug 2004): 7.0%
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% | +0.1 pts | 6.4% |
| 2024 | 7.3% | 0.0 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% | +0.3 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
0.33%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.29%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.04%
- 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 | 4.83 | 4.97 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 9.58 | 9.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.20 | 0.20 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Tata Liquid Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt95.0%
- Other5.0%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 5.21% | ₹1,701 Cr | +0.66% | +0.60% | +0.96% |
| Reserve Bank of India | Financial | 2.76% | ₹893 Cr | +0.20% | +2.45% | +0.49% |
| Export-Import Bank Of India | Financial | 2.62% | ₹849 Cr | — | +0.30% | — |
| company:4975 | Financial | 2.44% | ₹788 Cr | — | — | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.30% | ₹744 Cr | +3.45% | +13.35% | +7.29% |
| company:7079 | Financial | 2.29% | ₹740 Cr | — | — | — |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.84% | ₹597 Cr | — | — | — |
| Central Bank of India | Financial | 1.54% | ₹498 Cr | — | +1.47% | — |
| Indian Overseas Bank | Financial | 1.54% | ₹497 Cr | — | +4.38% | — |
| The Federal Bank Ltd. | Financial | 1.54% | ₹499 Cr | — | +0.45% | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.53% | ₹495 Cr | — | — | — |
| Motilal Oswal Financial Services Ltd. | Financial | 1.53% | ₹494 Cr | +1.31% | — | — |
| National Bank For Agriculture & Rural Development | Financial | 1.53% | ₹494 Cr | +0.66% | +2.94% | +2.44% |
| company:514 | Energy | 1.53% | ₹494 Cr | — | — | — |
| company:6953 | Financial | 1.53% | ₹494 Cr | — | — | +3.63% |
| Bajaj Finance Ltd. | Financial | 1.52% | ₹493 Cr | +0.81% | +1.79% | +2.43% |
| NTPC Ltd. | Energy | 1.31% | ₹423 Cr | +1.63% | — | — |
| Reliance Retail Ventures Ltd. | Services | 1.23% | ₹399 Cr | +1.64% | +0.89% | +3.14% |
| IIFL Finance Ltd. | Financial | 0.92% | ₹299 Cr | +1.31% | +1.17% | +0.72% |
| Nuvama Wealth Finance Ltd. | Financial | 0.92% | ₹299 Cr | +0.49% | — | — |
| company:13645 | Financial | 0.92% | ₹297 Cr | — | — | — |
| HDFC Securities Ltd. | Financial | 0.91% | ₹295 Cr | — | +1.49% | +1.22% |
| IIFL Capital Services Ltd | Financial | 0.77% | ₹250 Cr | — | — | — |
| Karur Vysya Bank Ltd. | Financial | 0.77% | ₹249 Cr | — | — | +2.42% |
| Canara Bank | Financial | 0.76% | ₹246 Cr | +0.08% | +0.59% | — |
| GOI | Sovereign | 0.76% | ₹245 Cr | +0.49% | +0.19% | +0.25% |
| HDFC Bank Ltd. | Financial | 0.69% | ₹224 Cr | +3.23% | +1.78% | +0.49% |
| Bank Of Baroda | Financial | 0.62% | ₹200 Cr | +1.62% | +0.22% | +2.67% |
| ICICI Securities Ltd. | Financial | 0.62% | ₹199 Cr | — | — | — |
| LIC Housing Finance Ltd. | Financial | 0.62% | ₹200 Cr | +2.13% | — | +0.12% |
| Angel One Ltd. | Financial | 0.61% | ₹198 Cr | +0.32% | — | — |
| SMFG India Credit Company Ltd. | Financial | 0.61% | ₹199 Cr | — | — | — |
| Aditya Birla Capital Ltd. | Financial | 0.46% | ₹148 Cr | — | +0.29% | +1.46% |
| Muthoot Fincorp Ltd. | Financial | 0.46% | ₹148 Cr | — | — | — |
| company:12843 | Financial | 0.46% | ₹147 Cr | — | — | — |
| Union Bank of India | Financial | 0.39% | ₹125 Cr | +0.65% | +1.76% | — |
| Fedbank Financial Services Ltd. | Financial | 0.31% | ₹99.98 Cr | — | — | — |
| Nuvama Wealth Management Ltd. | Financial | 0.31% | ₹99.86 Cr | +0.66% | — | — |
| Nuvama Wealth and Investment Limited | Financial | 0.30% | ₹98.43 Cr | +0.49% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:4975 | 0.00% | 2.44% | +2.44% |
| company:7079 | 0.00% | 2.29% | +2.29% |
| Kotak Mahindra Securities Ltd. | 2.16% | 0.00% | -2.16% |
| HDFC Bank Ltd. | 2.80% | 0.69% | -2.11% |
| Axis Securities Ltd. | 1.99% | 0.00% | -1.99% |
| company:514 | 0.00% | 1.53% | +1.53% |
| company:6953 | 0.00% | 1.53% | +1.53% |
| Union Bank of India | 1.79% | 0.39% | -1.40% |
| Reserve Bank of India | 1.45% | 2.76% | +1.31% |
| HDFC Securities Ltd. | 2.16% | 0.91% | -1.25% |
| Motilal Oswal Financial Services Ltd. | 0.54% | 1.53% | +0.99% |
| company:13645 | 0.00% | 0.92% | +0.92% |
| Export-Import Bank Of India | 3.42% | 2.62% | -0.80% |
| Hindustan Petroleum Corporation Ltd. | 2.51% | 1.84% | -0.67% |
| Bajaj Finance Ltd. | 0.90% | 1.52% | +0.62% |
| Godrej & Boyce Mfg. Co. Ltd. | 0.54% | 0.00% | -0.54% |
| company:12843 | 0.00% | 0.46% | +0.46% |
| Canara Bank | 0.36% | 0.76% | +0.40% |
| Axis Bank Ltd. | 0.27% | 0.00% | -0.27% |
| National Bank For Agriculture & Rural Development | 1.80% | 1.53% | -0.27% |
| The Federal Bank Ltd. | 1.80% | 1.54% | -0.26% |
| Adani Ports and Special Economic Zone Ltd. | 1.78% | 1.53% | -0.25% |
| Central Bank of India | 1.79% | 1.54% | -0.25% |
| Indian Overseas Bank | 1.79% | 1.54% | -0.25% |
| Small Industries Devp. Bank of India Ltd. | 1.78% | 1.53% | -0.25% |
| Nuvama Wealth and Investment Limited | 0.54% | 0.30% | -0.24% |
| NTPC Ltd. | 1.52% | 1.31% | -0.21% |
| Reliance Retail Ventures Ltd. | 1.44% | 1.23% | -0.21% |
| IIFL Finance Ltd. | 1.08% | 0.92% | -0.16% |
| Nuvama Wealth Finance Ltd. | 1.08% | 0.92% | -0.16% |
| GOI | 0.89% | 0.76% | -0.13% |
| IIFL Capital Services Ltd | 0.90% | 0.77% | -0.13% |
| Karur Vysya Bank Ltd. | 0.90% | 0.77% | -0.13% |
| SMFG India Credit Company Ltd. | 0.72% | 0.61% | -0.11% |
| Muthoot Fincorp Ltd. | 0.36% | 0.46% | +0.10% |
| Angel One Ltd. | 0.71% | 0.61% | -0.10% |
| Bank Of Baroda | 0.72% | 0.62% | -0.10% |
| ICICI Securities Ltd. | 0.72% | 0.62% | -0.10% |
| LIC Housing Finance Ltd. | 0.72% | 0.62% | -0.10% |
| Aditya Birla Capital Ltd. | 0.53% | 0.46% | -0.07% |
| Fedbank Financial Services Ltd. | 0.36% | 0.31% | -0.05% |
| Nuvama Wealth Management Ltd. | 0.36% | 0.31% | -0.05% |
| Others | 0.25% | 0.21% | -0.04% |
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 reasonable returns with high liquidity to the unit holders
Fund managers
- Dhawal JoshiBachelor of Engineering (IT), MMS (Finance)Prior to joining the Tata AMC, he was associated with A.K Capital Services Ltd, Crest Capital Ltd,
- Harsh DaveMr. Dave has done B.E and PGDM(BFSI)Prior to joining Tata Mutual Fund, he has worked with ICICI Bank 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 months3.39% absolute | ₹60,000 | ₹62,034 | 3.39% | |
| 1 year6.38% annualised | ₹1,20,000 | ₹1,24,229 | 3.52% | |
| 3 years6.84% annualised | ₹3,60,000 | ₹4,00,614 | 11.28% | |
| 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 Tata Liquid Fund?
The NAV of Tata Liquid Fund is ₹4,433.35 as on 24 Sep 2026.
What is the expense ratio of Tata Liquid Fund?
The expense ratio of Tata Liquid Fund is 0.33% per year.
What is the minimum SIP amount for Tata Liquid Fund?
You can start a SIP in Tata Liquid Fund with ₹3,000 a month.
What returns has Tata Liquid Fund given?
Tata Liquid Fund has returned 6.5% over 1 year, 6.6% over 3 years and 6.7% over 5 years (annualised).
Is there a lock-in or exit load on Tata 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 Tata Liquid Fund?
Tata Liquid Fund is rated Low to Moderate on the SEBI riskometer and belongs to the Liquid category.
Which fund house manages Tata Liquid Fund?
Tata Liquid Fund is managed by Tata Mutual Fund, which runs 61 schemes with ₹2,31,388 Cr under management.