Sundaram Liquid Fund vs UTI - Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Sundaram Liquid Fund and UTI - Liquid Fund are both Liquid funds. In the 3 years to 30-10-2026, Sundaram Liquid Fund (Direct) returned 7.0% a year and UTI - Liquid Fund (Direct) returned 6.9% a year. Sundaram Liquid Fund charges 0.14% a year and UTI - Liquid Fund 0.15% (Direct plans). Their portfolios overlap 11.2%: they hold 14 of the same securities.
Which is better, Sundaram Liquid or UTI - Liquid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Sundaram Liquid returned more over 3 years: 7.0% a year against 6.9%.
- Sundaram Liquid returned more over 1 year: 6.5% against 6.5%.
- Sundaram Liquid costs less: 0.14% a year against 0.15% (Direct plans).
- UTI - Liquid swung less over 3 years: a standard deviation of 0.1% a year against 0.2%.
- Sundaram Liquid fell less in its worst fall since 01-01-2022: −0.0% against −0.0%.
- UTI - Liquid is the larger fund: ₹27,453 Cr against ₹6,727 Cr.
- Their portfolios overlap 11.2%: 14 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 | Sundaram Liquid Fund | UTI - Liquid Fund |
|---|---|---|
| Fund house | Sundaram Mutual Fund | UTI Mutual Fund |
| Category | Liquid | Liquid |
| AUM | ₹6,727 Cr (30-09-2026) | ₹27,453 Cr (30-09-2026) |
| NAV | ₹2,530.14 (Direct) | ₹469.25 (Direct) |
| Expense ratio (Direct) | 0.14% | 0.15% |
| Expense ratio (Regular) | 0.36% | 0.25% |
| Riskometer | Moderate | Moderate |
| Benchmark | NIFTY Liquid Index A-I | NIFTY Liquid Index A-I |
| Launch date | 01-01-2013 | 23-06-2003 |
| Minimum investment | ₹1,000 | Regular Plan-Quarterly Reinvestment of IDCW- Rs.20000, Regular Plan-Quarterly Payout of IDCW- Rs.20000, Regular Plan-Reinvestment of IDCW- Rs.20000, Regular Plan-Payout of IDCW- Rs.20000, Regular Plan-Weekly Reinvestment of IDCW- Rs.20000, Regular Plan-Mo |
| Lock in | None | None |
| Fund managers | Sandeep Agarwal, Kumaresh Ramakrishnan, Ronak Shah | Amit Sharma FM 1, Not Applicable FM 2, Not Applicable FM 3 |
| 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. |
Sundaram Liquid vs UTI - 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 |
|---|---|---|---|---|---|---|---|
| Sundaram Liquid Fund (Direct) | +0.45% | +1.49% | +3.26% | +6.53% | +6.95% | -- | -- |
| UTI - Liquid Fund (Direct) | +0.46% | +1.52% | +3.20% | +6.50% | +6.92% | +6.43% | +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.
Sundaram Liquid vs UTI - Liquid: Year-wise Returns
| Year | SundaramSundaram Liquid | UTI -UTI - Liquid |
|---|---|---|
| 2026to date | +5.47% | +5.43% |
| 2025 | +6.63% | +6.62% |
| 2024 | +7.47% | +7.43% |
| 2023 | +7.10% | +7.12% |
| 2022 | -- | +4.93% |
| 2021 | -- | +3.38% |
Sundaram Liquid vs UTI - Liquid: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 664 of them, one for each trading day from 01-01-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Sundaram Liquid Fund (Direct)
UTI - Liquid Fund (Direct)
to
Feb 2025Jun 2022
to
Jun 2025Oct 2022
to
Oct 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sundaram Liquid | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0% | 7.0% | 6.5% | 7.1% |
| UTI - Liquid | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0% | 7.0% | 6.5% | 7.1% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 01-01-2022. Past returns do not promise future returns.
Sundaram Liquid vs UTI - Liquid: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-01-2022 to 30-10-2026: 58 instalments, ₹5,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Sundaram LiquidSundaram Liquid Fund (Direct) | ₹5,80,000 | ₹6,84,608 | ₹1,04,608 | 6.8% |
| UTI - LiquidUTI - Liquid Fund (Direct) | ₹5,80,000 | ₹6,84,195 | ₹1,04,195 | 6.8% |
Sundaram LiquidSundaram Liquid Fund (Direct)
UTI - LiquidUTI - Liquid Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Sundaram Liquid vs UTI - Liquid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Sundaram Liquid Fund (Direct) | UTI - Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.53% | +6.50% |
| Standard deviation | 0.21% | 0.19% |
| Sharpe ratio | 6.17 | 6.55 |
| Sortino ratio | 19.24 | 20.68 |
| Maximum drawdown | −0.0% (23-03-2026) | −0.0% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 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.
| Measure | Sundaram Liquid Fund (Direct) | UTI - Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.95% | +6.92% |
| Standard deviation | 0.15% | 0.15% |
| Sharpe ratio | 6.03 | 6.13 |
| Sortino ratio | 18.56 | 19.02 |
| Maximum drawdown | −0.0% (23-03-2026) | −0.0% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 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.
| Measure | Sundaram Liquid Fund (Direct) | UTI - Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.56% | +6.82% |
| Standard deviation | 0.14% | 0.18% |
| Sharpe ratio | 4.78 | 4.31 |
| Sortino ratio | 11.33 | 7.41 |
| Maximum drawdown | −0.0% (05-05-2022) | −0.3% (24-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-01-2022 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.
Sundaram Liquid Fund (Direct)
UTI - Liquid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Sundaram Liquid Fund (Direct) | −0.0% | 03-05-2022 | 05-05-2022 | 07-05-2022 | 2 days | 0.0% |
| UTI - Liquid Fund (Direct) | −0.0% | 03-05-2022 | 05-05-2022 | 08-05-2022 | 3 days | 0.0% |
From daily values since 01-01-2022, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Sundaram Liquid Fund (Direct)
UTI - Liquid Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Sundaram Liquid Fund (Direct)
UTI - Liquid Fund (Direct)
Sundaram Liquid vs UTI - Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: Sundaram Liquid Fund, September 2026; UTI - Liquid Fund, September 2026
Holdings in common
- Overlap
- 11.2%
- Held by both
- 14
- Only in Sundaram Liquid
- 46
- Only in UTI - Liquid
- 92
| Security | % of Sundaram Liquid | % of UTI - Liquid |
|---|---|---|
| Bank of India - 03/12/2026 | 4.41% | 1.98% |
| HDFC Bank Ltd - 04/12/2026 | 1.47% | 2.34% |
| Central Bank of India - 23/11/2026 | 1.47% | 1.26% |
| National Bank for Agriculture & Rural Development - 02/12/2026 | 1.47% | 0.90% |
| National Bank for Agriculture & Rural Development - 09/11/2026 | 0.74% | 2.17% |
| Export Import Bank of India - 04/11/2026 | 4.43% | 0.72% |
| Reliance Industries Ltd - 11/12/2026 | 2.94% | 0.72% |
| Power Finance Corporation Ltd - 09/12/2026 | 1.47% | 0.72% |
| Motilal Oswal Financial Services Ltd - 17/11/2026 | 1.10% | 0.72% |
| Birla Group Holdings Pvt Ltd - 18/11/2026 | 0.74% | 0.63% |
| ICICI Securities Ltd - 01/12/2026 | 0.73% | 0.54% |
| Export Import Bank of India - 04/12/2026 | 1.47% | 0.36% |
| Corporate Debt Market Development Fund - Class A2 | 0.27% | 0.29% |
| Axis Bank Ltd - 27/11/2026 | 1.47% | 0.18% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.2% means 11.2% 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 Sundaram Liquid Fund
| Security | % of fund |
|---|---|
| 91 Days - T Bill - 05/11/2026 | 5.62% |
| Central Bank of India - 04/12/2026 | 4.41% |
| 91 Days - T Bill - 22/10/2026 | 3.41% |
| REC LTD - 23/11/2026 | 2.95% |
| Tata Capital Housing Finance Ltd - 23/11/2026 | 2.95% |
Largest holdings only in UTI - Liquid Fund
| Security | % of fund |
|---|---|
| 91 DAYS T-BILL - 19/11/2026 | 4.52% |
| CD - UCO BANK - 04/11/2026 | 3.44% |
| CP NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 2.71% |
| CP SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2.52% |
| 91 DAYS T-BILL - 03/12/2026 | 1.99% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Sundaram Liquid | UTI - Liquid |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.1% | 95.3% |
| Cash and others | 3.9% | 4.7% |
Sundaram Liquid vs UTI - Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Sundaram Liquid Fund | UTI - Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.14% | 0.15% |
| Base expense ratio (Direct) | 0.12% | 0.13% |
| Total expense ratio (Regular) | 0.36% | 0.25% |
| Base expense ratio (Regular) | 0.31% | 0.21% |
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 Sundaram Liquid with
Sundaram Liquid Fund vs UTI - Liquid Fund: Frequently Asked Questions
What is the difference between Sundaram Liquid Fund and UTI - Liquid Fund?
Both are Liquid funds, run by Sundaram Mutual Fund and UTI Mutual Fund. Their portfolios overlap 11.2%. Sundaram Liquid Fund charges 0.14% a year and UTI - Liquid Fund 0.15%.
Which has given higher returns, Sundaram Liquid Fund or UTI - Liquid Fund?
Over 1 year: Sundaram Liquid Fund +6.53%, UTI - Liquid Fund +6.50%. Over 3 years: Sundaram Liquid Fund +6.95% a year, UTI - Liquid Fund +6.92% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Sundaram Liquid Fund or UTI - Liquid Fund?
Sundaram Liquid Fund charges less: 0.14% a year against 0.15%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Sundaram Liquid Fund and UTI - Liquid Fund overlap?
11.2%. They hold 14 of the same securities, the largest shared ones being Bank of India - 03/12/2026, HDFC Bank Ltd - 04/12/2026, Central Bank of India - 23/11/2026. From each fund's latest monthly portfolio.
Which is riskier, Sundaram Liquid Fund or UTI - Liquid Fund?
On SEBI's riskometer, Sundaram Liquid Fund is rated Moderate and UTI - Liquid Fund Moderate. Over 3 years, the standard deviation of daily returns was 0.15% and 0.15% a year.
Which is better for SIP, Sundaram Liquid Fund or UTI - Liquid Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 01-10-2023 to 30-10-2026 grew to ₹4,10,738 in Sundaram Liquid Fund (XIRR 6.7% a year) and ₹4,10,538 in UTI - Liquid Fund (XIRR 6.7% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Sundaram Liquid Fund and UTI - Liquid Fund?
Yes. 11.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Sundaram Liquid Fund and UTI - Liquid Fund?
Sundaram Liquid Fund: Sandeep Agarwal, Kumaresh Ramakrishnan, Ronak Shah. UTI - Liquid Fund: Amit Sharma FM 1, Not Applicable FM 2, Not Applicable FM 3.
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.