Aditya Birla Sun Life Liquid Fund vs Capitalmind Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Liquid Fund and Capitalmind Liquid Fund are both Liquid funds. Aditya Birla Sun Life Liquid Fund charges 0.21% a year and Capitalmind Liquid Fund 0.11% (Direct plans). Their portfolios overlap 2.2%: they hold 4 of the same securities.
Aditya Birla Sun Life Liquid Fund
Liquid
- Expense ratio
- 0.21%
- NAV
- ₹462.39
Which is better, Aditya Birla Sun Life Liquid or Capitalmind Liquid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Capitalmind Liquid costs less: 0.11% a year against 0.21% (Direct plans).
- Capitalmind Liquid fell less in its worst fall since 01-12-2025: −0.0% against −0.0%.
- Aditya Birla Sun Life Liquid is the larger fund: ₹61,167 Cr against ₹124 Cr.
- Their portfolios overlap 2.2%: 4 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 | Aditya Birla Sun Life Liquid Fund | Capitalmind Liquid Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Capitalmind Mutual Fund |
| Category | Liquid | Liquid |
| AUM | ₹61,167 Cr (30-09-2026) | ₹124 Cr (30-09-2026) |
| NAV | ₹462.39 (Direct) | ₹1,060.90 (Direct) |
| Expense ratio (Direct) | 0.21% | 0.11% |
| Expense ratio (Regular) | 0.35% | 0.31% |
| Riskometer | Moderate | Low to Moderate |
| Benchmark | NIFTY Liquid Index A-I | Nifty Liquid Index A-I TRI |
| Launch date | 16-06-1997 | 22-11-2025 |
| Minimum investment | 100 (growth option), 500 (IDCW) | ₹5,000 |
| Lock in | None | None |
| Fund managers | Kaustubh Gupta, Sunaina da Cunha, Sanjay Pawar | Prateek Jain, Anoop Vijaykumar |
| Exit load | Investor Exit upon subscription Exit load as % of redemption proceeds Day 1 - 0.0070% Day 2 - 0.0065% Day 3 - 0.0060% Day 4 - 0.0055% Day 5 - 0.0050% Day 6 - 0.0045% 7 onwards - 0.0000% | 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. |
Aditya Birla Sun Life Liquid vs Capitalmind 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 |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund (Direct) | +0.44% | +1.50% | +3.19% | +6.52% | +6.96% | +6.47% | +6.17% |
| Capitalmind Liquid Fund (Direct) | +0.45% | +1.51% | +3.13% | -- | -- | -- | -- |
| Liquid average | +0.44% | +1.46% | +3.06% | -- | -- | -- | -- |
Category average: the average of the 44 Liquid funds, same plan type.
Aditya Birla Sun Life Liquid vs Capitalmind Liquid: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Liquid | CapitalmindCapitalmind Liquid |
|---|---|---|
| 2026to date | +5.44% | +5.36% |
| 2025 | +6.66% | -- |
| 2024 | +7.49% | -- |
| 2023 | +7.19% | -- |
| 2022 | +4.95% | -- |
| 2021 | +3.38% | -- |
Aditya Birla Sun Life Liquid vs Capitalmind Liquid: Rolling Returns
Every holding period of both funds
Aditya Birla Sun Life Liquid vs Capitalmind Liquid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Liquid Fund (Direct) | Capitalmind Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.89% | +6.47% |
| Standard deviation | 0.22% | 0.18% |
| Sharpe ratio | 3.79 | 6.86 |
| Sortino ratio | 7.67 | 19.23 |
| Maximum drawdown | −0.2% (16-07-2013) | −0.0% (15-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 01-01-2013 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.
Aditya Birla Sun Life Liquid Fund (Direct)
Capitalmind Liquid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund (Direct) | −0.0% | 20-10-2026 | 22-10-2026 | 25-10-2026 | 3 days | 0.0% |
| Capitalmind Liquid Fund (Direct) | −0.0% | 14-10-2026 | 15-10-2026 | 18-10-2026 | 3 days | 0.0% |
From daily values since 01-12-2025, the first day every fund has.
Aditya Birla Sun Life Liquid vs Capitalmind Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Liquid Fund, September 2026; Capitalmind Liquid Fund, September 2026
Holdings in common
- Overlap
- 2.2%
- Held by both
- 4
- Only in Aditya Birla Sun Life Liquid
- 186
- Only in Capitalmind Liquid
- 15
| Security | % of Aditya Birla Sun Life Liquid | % of Capitalmind Liquid |
|---|---|---|
| 91 DAY T-BILL 10.12.26 | 1.53% | 7.99% |
| Small Industries Development Bank of India (06/11/2026) | 0.31% | 7.62% |
| Corporate Debt Mkt Devp. Fund-A2 | 0.28% | 0.23% |
| Punjab National Bank (15/12/2026) | 0.12% | 7.97% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 2.2% means 2.2% 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 Aditya Birla Sun Life Liquid Fund
| Security | % of fund |
|---|---|
| 91 DAY T-BILL 05.11.26 | 3.74% |
| Axis Bank Ltd. (26/11/2026) | 2.15% |
| HDFC Bank Ltd. (14/12/2026) | 2.06% |
| 91 DAY T-BILL 12.11.26 | 1.91% |
| HDFC Bank Ltd. (06/11/2026) | 1.87% |
Largest holdings only in Capitalmind Liquid Fund
| Security | % of fund |
|---|---|
| 91 Days Tbill (MD 03/12/2026) | 8.00% |
| Export Import Bank of India (04/12/2026) | 7.99% |
| Canara Bank (03/12/2026) | 7.99% |
| Bank of Baroda (11/12/2026) | 7.98% |
| Union Bank of India (27/10/2026) | 5.63% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Liquid | Capitalmind Liquid |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 107.1% | 94.2% |
| Cash and others | -7.1% | 5.8% |
Aditya Birla Sun Life Liquid vs Capitalmind Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Liquid Fund | Capitalmind Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.21% | 0.11% |
| Base expense ratio (Direct) | 0.18% | 0.08% |
| Total expense ratio (Regular) | 0.35% | 0.31% |
| Base expense ratio (Regular) | 0.30% | 0.25% |
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 Aditya Birla Sun Life Liquid with
Aditya Birla Sun Life Liquid Fund vs Capitalmind Liquid Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Liquid Fund and Capitalmind Liquid Fund?
Both are Liquid funds, run by Aditya Birla Sun Life Mutual Fund and Capitalmind Mutual Fund. Their portfolios overlap 2.2%. Aditya Birla Sun Life Liquid Fund charges 0.21% a year and Capitalmind Liquid Fund 0.11%.
Which has the lower expense ratio, Aditya Birla Sun Life Liquid Fund or Capitalmind Liquid Fund?
Capitalmind Liquid Fund charges less: 0.11% a year against 0.21%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Liquid Fund and Capitalmind Liquid Fund overlap?
2.2%. They hold 4 of the same securities, the largest shared ones being 91 DAY T-BILL 10.12.26, Small Industries Development Bank of India (06/11/2026), Corporate Debt Mkt Devp. Fund-A2. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Liquid Fund or Capitalmind Liquid Fund?
On SEBI's riskometer, Aditya Birla Sun Life Liquid Fund is rated Moderate and Capitalmind Liquid Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 0.22% and 0.18% a year.
Can I invest in both Aditya Birla Sun Life Liquid Fund and Capitalmind Liquid Fund?
Yes. 2.2% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Aditya Birla Sun Life Liquid Fund and Capitalmind Liquid Fund?
Aditya Birla Sun Life Liquid Fund: Kaustubh Gupta, Sunaina da Cunha, Sanjay Pawar. Capitalmind Liquid Fund: Prateek Jain, Anoop Vijaykumar.
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.