Capitalmind Liquid Fund vs ITI Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Capitalmind Liquid Fund and ITI Liquid Fund are both Liquid funds. Capitalmind Liquid Fund charges 0.11% a year and ITI Liquid Fund 0.16% (Direct plans). Their portfolios overlap 15.8%: they hold 3 of the same securities.
Which is better, Capitalmind Liquid or ITI 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 0.16% (Direct plans).
- ITI Liquid fell less in its worst fall since 01-12-2025: −0.0% against −0.0%.
- Capitalmind Liquid is the larger fund: ₹124 Cr against ₹52 Cr.
- Their portfolios overlap 15.8%: 3 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 | Capitalmind Liquid Fund | ITI Liquid Fund |
|---|---|---|
| Fund house | Capitalmind Mutual Fund | ITI Mutual Fund |
| Category | Liquid | Liquid |
| AUM | ₹124 Cr (30-09-2026) | ₹52 Cr (30-09-2026) |
| NAV | ₹1,060.90 (Direct) | ₹1,483.69 (Direct) |
| Expense ratio (Direct) | 0.11% | 0.16% |
| Expense ratio (Regular) | 0.31% | 0.24% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | Nifty Liquid Index A-I TRI | CRISIL Liquid Debt A-I Index |
| Launch date | 22-11-2025 | 24-04-2019 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Prateek Jain, Anoop Vijaykumar | Laukik Bagwe |
| 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. | 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. |
Capitalmind Liquid vs ITI 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 |
|---|---|---|---|---|---|---|---|
| Capitalmind Liquid Fund (Direct) | +0.45% | +1.51% | +3.13% | -- | -- | -- | -- |
| ITI Liquid Fund (Direct) | +0.43% | +1.38% | +2.94% | +6.09% | +6.64% | +6.18% | -- |
| Liquid average | +0.44% | +1.46% | +3.06% | +6.23% | +6.66% | +6.18% | -- |
Category average: the average of the 44 Liquid funds, same plan type.
Capitalmind Liquid vs ITI Liquid: Year-wise Returns
| Year | CapitalmindCapitalmind Liquid | ITIITI Liquid |
|---|---|---|
| 2026to date | +5.36% | +5.05% |
| 2025 | -- | +6.53% |
| 2024 | -- | +7.12% |
| 2023 | -- | +6.82% |
| 2022 | -- | +4.80% |
| 2021 | -- | +3.13% |
Capitalmind Liquid vs ITI Liquid: Rolling Returns
Every holding period of both funds
Capitalmind Liquid vs ITI Liquid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Capitalmind Liquid Fund (Direct) | ITI Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.47% | +5.39% |
| Standard deviation | 0.18% | 0.12% |
| Sharpe ratio | 6.86 | 1.92 |
| Sortino ratio | 19.23 | 3.52 |
| Maximum drawdown | −0.0% (15-10-2026) | −0.0% (15-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 01-12-2025 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.
Capitalmind Liquid Fund (Direct)
ITI Liquid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Capitalmind Liquid Fund (Direct) | −0.0% | 14-10-2026 | 15-10-2026 | 18-10-2026 | 3 days | 0.0% |
| ITI 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.
Capitalmind Liquid vs ITI Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: Capitalmind Liquid Fund, September 2026; ITI Liquid Fund, September 2026
Holdings in common
- Overlap
- 15.8%
- Held by both
- 3
- Only in Capitalmind Liquid
- 16
- Only in ITI Liquid
- 8
| Security | % of Capitalmind Liquid | % of ITI Liquid |
|---|---|---|
| Punjab National Bank (15/12/2026) | 7.97% | 8.53% |
| Bank of Baroda (11/12/2026) | 7.98% | 7.59% |
| Corporate Debt Market Development Fund | 0.23% | 0.36% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 15.8% means 15.8% 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 Capitalmind Liquid Fund
| Security | % of fund |
|---|---|
| 91 Days Tbill (MD 03/12/2026) | 8.00% |
| 91 Days Tbill (MD 10/12/2026) | 7.99% |
| Export Import Bank of India (04/12/2026) | 7.99% |
| Canara Bank (03/12/2026) | 7.99% |
| Small Industries Dev Bank of India (06/11/2026) | 7.62% |
Largest holdings only in ITI Liquid Fund
| Security | % of fund |
|---|---|
| Canara Bank (04/12/2026) | 9.50% |
| 91 Days Tbill (MD 17/12/2026) | 9.49% |
| 91 Days Tbill (MD 24/12/2026) | 9.48% |
| Export Import Bank of India (14/12/2026) | 9.48% |
| HDFC Bank Limited (14/12/2026) | 8.53% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Capitalmind Liquid | ITI Liquid |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.2% | 86.3% |
| Cash and others | 5.8% | 13.7% |
Capitalmind Liquid vs ITI Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Capitalmind Liquid Fund | ITI Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.11% | 0.16% |
| Base expense ratio (Direct) | 0.08% | 0.13% |
| Total expense ratio (Regular) | 0.31% | 0.24% |
| Base expense ratio (Regular) | 0.25% | 0.20% |
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 Capitalmind Liquid with
Capitalmind Liquid Fund vs ITI Liquid Fund: Frequently Asked Questions
What is the difference between Capitalmind Liquid Fund and ITI Liquid Fund?
Both are Liquid funds, run by Capitalmind Mutual Fund and ITI Mutual Fund. Their portfolios overlap 15.8%. Capitalmind Liquid Fund charges 0.11% a year and ITI Liquid Fund 0.16%.
Which has the lower expense ratio, Capitalmind Liquid Fund or ITI Liquid Fund?
Capitalmind Liquid Fund charges less: 0.11% a year against 0.16%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Capitalmind Liquid Fund and ITI Liquid Fund overlap?
15.8%. They hold 3 of the same securities, the largest shared ones being Punjab National Bank (15/12/2026), Bank of Baroda (11/12/2026), Corporate Debt Market Development Fund. From each fund's latest monthly portfolio.
Which is riskier, Capitalmind Liquid Fund or ITI Liquid Fund?
On SEBI's riskometer, Capitalmind Liquid Fund is rated Low to Moderate and ITI Liquid Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 0.18% and 0.12% a year.
Can I invest in both Capitalmind Liquid Fund and ITI Liquid Fund?
Yes. 15.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Capitalmind Liquid Fund and ITI Liquid Fund?
Capitalmind Liquid Fund: Prateek Jain, Anoop Vijaykumar. ITI Liquid Fund: Laukik Bagwe.
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.