Tata Liquid Fund
LiquidModerateOPEN-ENDED
- NAV as on 10 Nov 2026
- ₹4,466.79+0.03%1 day
- Return since launch
- 7.0%
- 52-week range
- ₹4,196.23 — ₹4,463.22
- AUM
- ₹31,538 Cr
Tata Liquid Fund is a Liquid debt fund from Tata Mutual Fund with ₹31,538 Cr under management, launched in 2004. Over three years it has returned 6.6% a year, against 6.7% for its category. The expense ratio is 0.32% and the SEBI riskometer reading is 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 +6.3% 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 | 0.4% | 0.4% |
| 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% | +0.1 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 (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
0.32%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.29%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- 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.
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 | 4.84 | 5.05 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 11.33 | 12.32 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.21 | 0.21 | 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 30 Sep 2026
Asset allocation
- Debt91.2%
- Other8.8%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Export-Import Bank Of India | Financial | 4.06% | ₹1,139 Cr | +8.52% | — | +10.44% |
| HDFC Bank Ltd. | Financial | 3.52% | ₹988 Cr | +8.76% | +4.40% | +1.86% |
| Bank Of Baroda | Financial | 3.46% | ₹971 Cr | +2.25% | +0.33% | +1.97% |
| Central Bank of India | Financial | 3.37% | ₹944 Cr | +2.91% | +2.22% | — |
| Canara Bank | Financial | 2.65% | ₹742 Cr | +0.45% | +2.22% | +1.74% |
| Yes Bank Ltd. | Financial | 2.65% | ₹744 Cr | — | — | — |
| REC Ltd. | Financial | 2.47% | ₹694 Cr | — | — | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.05% | ₹572 Cr | +2.24% | +3.08% | +4.68% |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.78% | ₹498 Cr | — | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 1.77% | ₹496 Cr | — | — | — |
| Motilal Oswal Financial Services Ltd. | Financial | 1.77% | ₹497 Cr | +0.67% | +1.77% | — |
| National Bank For Agriculture & Rural Development | Financial | 1.77% | ₹496 Cr | +2.24% | +4.44% | +1.62% |
| PNB Housing Finance Ltd. | Financial | 1.77% | ₹497 Cr | — | — | +3.49% |
| Bajaj Finance Ltd. | Financial | 1.76% | ₹494 Cr | +1.13% | +2.21% | +2.34% |
| Bank of India | Financial | 1.76% | ₹495 Cr | — | — | +4.64% |
| NTPC Ltd. | Energy | 1.51% | ₹425 Cr | +0.45% | — | +1.16% |
| Reliance Industries Ltd. | Energy | 1.23% | ₹346 Cr | — | — | — |
| GOI | Sovereign | 1.11% | ₹310 Cr | +1.11% | — | — |
| Reserve Bank of India | Financial | 1.08% | ₹304 Cr | +0.27% | +2.38% | +3.93% |
| Aditya Birla Housing Finance Ltd. | Financial | 1.06% | ₹298 Cr | — | — | +0.93% |
| City Union Bank Ltd. | Financial | 1.06% | ₹296 Cr | — | — | — |
| HDFC Securities Ltd. | Financial | 1.06% | ₹297 Cr | +2.69% | +2.22% | — |
| Sikka Ports and Terminals Ltd. | Energy | 1.06% | ₹297 Cr | — | — | — |
| IIFL Finance Ltd. | Financial | 1.05% | ₹295 Cr | +1.34% | +1.76% | +0.70% |
| Bajaj Financial Securities Ltd. | Financial | 0.88% | ₹247 Cr | — | +4.47% | — |
| Bajaj Housing Finance Ltd. | Financial | 0.88% | ₹248 Cr | +2.26% | — | — |
| Indian Bank | Financial | 0.88% | ₹247 Cr | — | +1.54% | — |
| Aditya Birla Fashion and Retail Ltd. | Services | 0.70% | ₹198 Cr | — | — | — |
| Axis Bank Ltd. | Financial | 0.70% | ₹197 Cr | +0.45% | — | +3.36% |
| Aditya Birla Capital Ltd. | Financial | 0.53% | ₹149 Cr | — | +0.44% | — |
| Angel One Ltd. | Financial | 0.53% | ₹148 Cr | +1.79% | — | +1.39% |
| IIFL Home Finance Ltd. | Financial | 0.53% | ₹148 Cr | — | — | — |
| Muthoot Fincorp Ltd. | Financial | 0.53% | ₹149 Cr | — | — | — |
| Muthoot Finance Ltd. | Financial | 0.44% | ₹123 Cr | — | — | — |
| Infina Finance Pvt. Ltd. | Financial | 0.35% | ₹98.53 Cr | — | — | — |
| Nuvama Wealth and Investment Limited | Financial | 0.35% | ₹99.08 Cr | +0.67% | +0.66% | — |
| IIFL Capital Services Ltd | Financial | 0.18% | ₹49.15 Cr | +1.12% | — | — |
| Tamilnadu State | Others | 0.09% | ₹25.04 Cr | — | — | — |
| Gujarat State | Construction | 0.04% | ₹10.02 Cr | — | — | +0.54% |
| Karnataka State | Others | 0.04% | ₹10.02 Cr | — | — | — |
| Others | Others | -1.38% | ₹-391.68 Cr | +0.93% | +0.90% | +0.93% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Bank Of Baroda | 0.62% | 3.46% | +2.84% |
| Canara Bank | 0.76% | 2.65% | +1.89% |
| company:1529 | 1.84% | 0.00% | -1.84% |
| Central Bank of India | 1.54% | 3.37% | +1.83% |
| Bank of India | 0.00% | 1.76% | +1.76% |
| Reserve Bank of India | 2.76% | 1.08% | -1.68% |
| company:1102 | 1.54% | 0.00% | -1.54% |
| company:5927 | 1.54% | 0.00% | -1.54% |
| Reliance Industries Ltd. | 0.00% | 1.23% | +1.23% |
| company:16232 | 1.23% | 0.00% | -1.23% |
| HDFC Bank Ltd. | 0.69% | 1.76% | +1.07% |
| City Union Bank Ltd. | 0.00% | 1.06% | +1.06% |
| Sikka Ports and Terminals Ltd. | 0.00% | 1.06% | +1.06% |
| company:17814 | 0.92% | 0.00% | -0.92% |
| Bajaj Financial Securities Ltd. | 0.00% | 0.88% | +0.88% |
| Bajaj Housing Finance Ltd. | 0.00% | 0.88% | +0.88% |
| Indian Bank | 0.00% | 0.88% | +0.88% |
| company:4726 | 0.77% | 0.00% | -0.77% |
| Aditya Birla Fashion and Retail Ltd. | 0.00% | 0.70% | +0.70% |
| Axis Bank Ltd. | 0.00% | 0.70% | +0.70% |
| company:2089 | 0.62% | 0.00% | -0.62% |
| company:9813 | 0.62% | 0.00% | -0.62% |
| company:8227 | 0.61% | 0.00% | -0.61% |
| IIFL Capital Services Ltd | 0.77% | 0.18% | -0.59% |
| Muthoot Finance Ltd. | 0.00% | 0.44% | +0.44% |
| company:5655 | 0.39% | 0.00% | -0.39% |
| Yes Bank Ltd. | 2.29% | 2.65% | +0.36% |
| GOI | 0.76% | 1.11% | +0.35% |
| Infina Finance Pvt. Ltd. | 0.00% | 0.35% | +0.35% |
| company:12598 | 0.31% | 0.00% | -0.31% |
| company:8257 | 0.31% | 0.00% | -0.31% |
| Adani Ports and Special Economic Zone Ltd. | 1.53% | 1.78% | +0.25% |
| Small Industries Devp. Bank of India Ltd. | 1.53% | 1.78% | +0.25% |
| Export-Import Bank Of India | 2.62% | 2.38% | -0.24% |
| Bajaj Finance Ltd. | 1.52% | 1.76% | +0.24% |
| Bharat Petroleum Corporation Ltd. | 1.53% | 1.77% | +0.24% |
| Motilal Oswal Financial Services Ltd. | 1.53% | 1.77% | +0.24% |
| National Bank For Agriculture & Rural Development | 1.53% | 1.77% | +0.24% |
| PNB Housing Finance Ltd. | 1.53% | 1.77% | +0.24% |
| NTPC Ltd. | 1.31% | 1.51% | +0.20% |
| HDFC Securities Ltd. | 0.91% | 1.06% | +0.15% |
| Aditya Birla Housing Finance Ltd. | 0.92% | 1.06% | +0.14% |
| IIFL Finance Ltd. | 0.92% | 1.05% | +0.13% |
| Tamilnadu State | 0.00% | 0.09% | +0.09% |
| Angel One Ltd. | 0.61% | 0.53% | -0.08% |
| Aditya Birla Capital Ltd. | 0.46% | 0.53% | +0.07% |
| IIFL Home Finance Ltd. | 0.46% | 0.53% | +0.07% |
| Muthoot Fincorp Ltd. | 0.46% | 0.53% | +0.07% |
| Nuvama Wealth and Investment Limited | 0.30% | 0.35% | +0.05% |
| Others | 0.21% | 0.25% | +0.04% |
| Gujarat State | 0.00% | 0.04% | +0.04% |
| Karnataka State | 0.00% | 0.04% | +0.04% |
| REC Ltd. | 2.44% | 2.47% | +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 | ₹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% | 6.6% | 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 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 months3.17% absolute | ₹60,000 | ₹61,902 | 3.17% | |
| 1 year6.38% annualised | ₹1,20,000 | ₹1,24,229 | 3.52% | |
| 3 years6.80% annualised | ₹3,60,000 | ₹4,00,360 | 11.21% | |
| 5 years6.32% annualised | ₹6,00,000 | ₹7,07,173 | 17.86% |
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 ₹4,466.79 as on 10 Nov 2026.
What is the expense ratio of Tata Liquid Fund?
The expense ratio of Tata Liquid Fund is 0.32% 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 6.4% over 1 year, 6.6% over 3 years and 6.6% 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 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 62 schemes with ₹2,39,201 Cr under management.