Abakkus Liquid Fund vs Franklin India Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Abakkus Liquid Fund and Franklin India Liquid Fund are both Liquid funds. Abakkus Liquid Fund charges 0.21% a year and Franklin India Liquid Fund 0.14% (Direct plans). Their portfolios overlap 11.4%: they hold 5 of the same securities.
Which is better, Abakkus Liquid or Franklin India Liquid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Franklin India Liquid costs less: 0.14% a year against 0.21% (Direct plans).
- Franklin India Liquid fell less in its worst fall since 15-12-2025: −0.0% against −0.0%.
- Franklin India Liquid is the larger fund: ₹4,811 Cr against ₹617 Cr.
- Their portfolios overlap 11.4%: 5 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Abakkus Liquid Fund | Franklin India Liquid Fund |
|---|---|---|
| Fund house | Abakkus Mutual Fund | Franklin Templeton Mutual Fund |
| Category | Liquid | Liquid |
| AUM | ₹617 Cr (30-09-2026) | ₹4,811 Cr (30-09-2026) |
| NAV | ₹105.21 (Direct) | ₹4,303.78 (Direct) |
| Expense ratio (Direct) | 0.21% | 0.14% |
| Expense ratio (Regular) | 0.29% | 0.20% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | CRISIL Liquid Debt A-I Index | NIFTY Liquid Index A-I |
| Launch date | 12-12-2025 | 29-04-1998 |
| Minimum investment | ₹1,000 | Sup.Inst.- 10000/1; Weekly Div P/O: - 25 lakh / 1 |
| Lock in | None | None |
| Fund managers | Abhishek Krishnaswami Srinivas, Sanjay Doshi | Chandni Gupta, Rohan Maru |
| 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. | <a href="https://franklintempletonprod.widen.net/s/xvwjx5bjhj/franklin-india-liquid-fund_exit-load-k279kwng-en-in" target="_blank">Click here</a> |
Abakkus Liquid vs Franklin India Liquid: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Abakkus Liquid Fund (Direct) | +0.43% | +1.44% | +3.02% | -- | -- | -- | -- |
| Franklin India Liquid Fund (Direct) | +0.47% | +1.54% | +3.26% | +6.52% | +6.95% | +6.43% | +6.17% |
| Liquid average | +0.44% | +1.46% | +3.06% | +6.23% | +6.66% | +6.18% | +5.85% |
Category average: the average of the 44 Liquid funds, same plan type.
Abakkus Liquid vs Franklin India Liquid: Year-wise Returns
| Year | AbakkusAbakkus Liquid | Franklin IndiaFranklin India Liquid |
|---|---|---|
| 2026to date | +4.90% | +5.45% |
| 2025 | -- | +6.66% |
| 2024 | -- | +7.46% |
| 2023 | -- | +7.04% |
| 2022 | -- | +4.92% |
| 2021 | -- | +3.35% |
Abakkus Liquid vs Franklin India Liquid: Rolling Returns
Every holding period of both funds
Abakkus Liquid vs Franklin India Liquid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Abakkus Liquid Fund (Direct) | Franklin India Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.90% | +6.90% |
| Standard deviation | 0.12% | 0.23% |
| Sharpe ratio | 5.43 | 3.76 |
| Sortino ratio | 11.92 | 8.97 |
| Maximum drawdown | −0.0% (25-09-2026) | −0.2% (24-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 15-12-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Abakkus Liquid Fund (Direct)
Franklin India Liquid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Abakkus Liquid Fund (Direct) | −0.0% | 24-09-2026 | 25-09-2026 | 26-09-2026 | 1 days | 0.0% |
| Franklin India Liquid Fund (Direct) | −0.0% | 22-03-2026 | 23-03-2026 | 25-03-2026 | 2 days | 0.0% |
From daily values since 15-12-2025, the first day every fund has.
Abakkus Liquid vs Franklin India Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: Abakkus Liquid Fund, September 2026; Franklin India Liquid Fund, September 2026
Holdings in common
- Overlap
- 11.4%
- Held by both
- 5
- Only in Abakkus Liquid
- 28
- Only in Franklin India Liquid
- 34
| Security | % of Abakkus Liquid | % of Franklin India Liquid |
|---|---|---|
| Export Import Bank of India (04/12/2026) | 4.01% | 5.14% |
| REC Limited (22/10/2026) | 4.04% | 3.63% |
| LIC Housing Finance Limited (26/11/2026) | 4.01% | 3.09% |
| 91 Days Tbill (MD 08/10/2026) | 1.62% | 0.54% |
| Corporate Debt Market Development Fund | 0.16% | 0.17% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.4% means 11.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Abakkus Liquid Fund
| Security | % of fund |
|---|---|
| Indian Bank (27/10/2026) | 4.03% |
| ICICI Securities Limited (13/11/2026) | 4.02% |
| Kotak Mahindra Bank Limited (21/12/2026) | 4.00% |
| Indian Oil Corporation Limited (08/12/2026) | 4.00% |
| Canara Bank (18/12/2026) | 4.00% |
Largest holdings only in Franklin India Liquid Fund
| Security | % of fund |
|---|---|
| Hindustan Petroleum Corporation Ltd (03-Dec-2026) | 6.17% |
| Bank of Baroda (05-Nov-2026) | 5.17% |
| IIFL Home Finance Ltd (08-Dec-2026) | 4.09% |
| 8.04% Sundaram Finance Ltd (26-Oct-2026) | 3.80% |
| Tata Steel Ltd (30-Oct-2026) | 3.10% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Abakkus Liquid | Franklin India Liquid |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 90.0% | 85.1% |
| Cash and others | 10.0% | 14.9% |
Abakkus Liquid vs Franklin India Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Abakkus Liquid Fund | Franklin India Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.21% | 0.14% |
| Base expense ratio (Direct) | 0.17% | 0.12% |
| Total expense ratio (Regular) | 0.29% | 0.20% |
| Base expense ratio (Regular) | 0.24% | 0.17% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Abakkus Liquid with
Abakkus Liquid Fund vs Franklin India Liquid Fund: Frequently Asked Questions
What is the difference between Abakkus Liquid Fund and Franklin India Liquid Fund?
Both are Liquid funds, run by Abakkus Mutual Fund and Franklin Templeton Mutual Fund. Their portfolios overlap 11.4%. Abakkus Liquid Fund charges 0.21% a year and Franklin India Liquid Fund 0.14%.
Which has the lower expense ratio, Abakkus Liquid Fund or Franklin India Liquid Fund?
Franklin India Liquid Fund charges less: 0.14% a year against 0.21%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Abakkus Liquid Fund and Franklin India Liquid Fund overlap?
11.4%. They hold 5 of the same securities, the largest shared ones being Export Import Bank of India (04/12/2026), REC Limited (22/10/2026), LIC Housing Finance Limited (26/11/2026). From each fund's latest monthly portfolio.
Can I invest in both Abakkus Liquid Fund and Franklin India Liquid Fund?
Yes. 11.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Abakkus Liquid Fund and Franklin India Liquid Fund?
Abakkus Liquid Fund: Abhishek Krishnaswami Srinivas, Sanjay Doshi. Franklin India Liquid Fund: Chandni Gupta, Rohan Maru.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.