Capitalmind Liquid Fund vs Tata Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Capitalmind Liquid Fund and Tata Liquid Fund are both Liquid funds. Capitalmind Liquid Fund charges 0.11% a year and Tata Liquid Fund 0.18% (Direct plans). Their portfolios overlap 10.9%: they hold 7 of the same securities.
Which is better, Capitalmind Liquid or Tata 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 0.18% (Direct plans).
- Tata Liquid fell less in its worst fall since 01-12-2025: −0.0% against −0.0%.
- Tata Liquid is the larger fund: ₹28,037 Cr against ₹124 Cr.
- Their portfolios overlap 10.9%: 7 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 | Tata Liquid Fund |
|---|---|---|
| Fund house | Capitalmind Mutual Fund | Tata Mutual Fund |
| Category | Liquid | Liquid |
| AUM | ₹124 Cr (30-09-2026) | ₹28,037 Cr (30-09-2026) |
| NAV | ₹1,060.90 (Direct) | ₹4,517.01 (Direct) |
| Expense ratio (Direct) | 0.11% | 0.18% |
| Expense ratio (Regular) | 0.31% | 0.32% |
| 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 | 22-12-2003 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Prateek Jain, Anoop Vijaykumar | Amit Somani, Dhawal Joshi |
| 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 Tata 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% | -- | -- | -- | -- |
| Tata Liquid Fund (Direct) | +0.45% | +1.51% | +3.18% | +6.46% | +6.92% | +6.42% | +6.12% |
| 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.
Capitalmind Liquid vs Tata Liquid: Year-wise Returns
| Year | CapitalmindCapitalmind Liquid | TataTata Liquid |
|---|---|---|
| 2026to date | +5.36% | +5.39% |
| 2025 | -- | +6.65% |
| 2024 | -- | +7.44% |
| 2023 | -- | +7.09% |
| 2022 | -- | +4.88% |
| 2021 | -- | +3.35% |
Capitalmind Liquid vs Tata Liquid: Rolling Returns
Every holding period of both funds
Capitalmind Liquid vs Tata 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) | Tata Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.47% | +6.86% |
| Standard deviation | 0.18% | 0.21% |
| Sharpe ratio | 6.86 | 3.85 |
| Sortino ratio | 19.23 | 7.74 |
| Maximum drawdown | −0.0% (15-10-2026) | −0.2% (24-03-2020) |
| 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)
Tata 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% |
| Tata 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 Tata Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: Capitalmind Liquid Fund, September 2026; Tata Liquid Fund, September 2026
Holdings in common
- Overlap
- 10.9%
- Held by both
- 7
- Only in Capitalmind Liquid
- 12
- Only in Tata Liquid
- 67
| Security | % of Capitalmind Liquid | % of Tata Liquid |
|---|---|---|
| 91 Days Tbill (MD 10/12/2026) | 7.99% | 2.91% |
| Canara Bank (03/12/2026) | 7.99% | 2.65% |
| 91 Days Tbill (MD 03/12/2026) | 8.00% | 2.39% |
| Export Import Bank of India (04/12/2026) | 7.99% | 1.76% |
| Axis Bank Limited (17/12/2026) | 3.98% | 0.70% |
| Small Industries Dev Bank of India (06/11/2026) | 7.62% | 0.27% |
| Corporate Debt Market Development Fund | 0.23% | 0.25% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 10.9% means 10.9% 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 |
|---|---|
| Bank of Baroda (11/12/2026) | 7.98% |
| Punjab National Bank (15/12/2026) | 7.97% |
| Union Bank of India (27/10/2026) | 5.63% |
| 7.95% Sikka Ports and Terminals Limited (28/10/2026) | 4.04% |
| Aditya Birla Money Limited (26/10/2026) | 4.02% |
Largest holdings only in Tata Liquid Fund
| Security | % of fund |
|---|---|
| ** TREASURY BILL 91 DAYS (19/11/2026) | 3.75% |
| ** - BANK OF BARODA - CD - 27/10/2026 | 3.46% |
| ** - CENTRAL BANK OF INDIA - CD - 06/11/2026 | 3.37% |
| ** - HDFC BANK LTD - CD - 02/11/2026 | 2.75% |
| ** - RELIANCE INDUSTRIES LTD - CP - 09/12/2026 | 2.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Capitalmind Liquid | Tata Liquid |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.2% | 101.4% |
| Cash and others | 5.8% | -1.4% |
Capitalmind Liquid vs Tata Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Capitalmind Liquid Fund | Tata Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.11% | 0.18% |
| Base expense ratio (Direct) | 0.08% | 0.15% |
| Total expense ratio (Regular) | 0.31% | 0.32% |
| Base expense ratio (Regular) | 0.25% | 0.29% |
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 Tata Liquid Fund: Frequently Asked Questions
What is the difference between Capitalmind Liquid Fund and Tata Liquid Fund?
Both are Liquid funds, run by Capitalmind Mutual Fund and Tata Mutual Fund. Their portfolios overlap 10.9%. Capitalmind Liquid Fund charges 0.11% a year and Tata Liquid Fund 0.18%.
Which has the lower expense ratio, Capitalmind Liquid Fund or Tata Liquid Fund?
Capitalmind Liquid Fund charges less: 0.11% a year against 0.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Capitalmind Liquid Fund and Tata Liquid Fund overlap?
10.9%. They hold 7 of the same securities, the largest shared ones being 91 Days Tbill (MD 10/12/2026), Canara Bank (03/12/2026), 91 Days Tbill (MD 03/12/2026). From each fund's latest monthly portfolio.
Which is riskier, Capitalmind Liquid Fund or Tata Liquid Fund?
On SEBI's riskometer, Capitalmind Liquid Fund is rated Low to Moderate and Tata Liquid Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 0.18% and 0.21% a year.
Can I invest in both Capitalmind Liquid Fund and Tata Liquid Fund?
Yes. 10.9% 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 Tata Liquid Fund?
Capitalmind Liquid Fund: Prateek Jain, Anoop Vijaykumar. Tata Liquid Fund: Amit Somani, Dhawal Joshi.
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.