ITI Liquid Fund is a Liquid fund run by ITI Mutual Fund. On 30-09-2026, it managed ₹52 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.6% a year and its Regular plan returned 6.5% a year.
NAV on 30-10-2026: Direct Plan Growth ₹1,483.69 (up 0.02% that day); Regular Plan Growth ₹1,468.71 (up 0.02% that day).
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Period | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| This fund (Direct) | +0.43% | +1.38% | +2.94% | +6.09% | +6.64% | +6.18% | -- |
| This fund (Regular) | +0.42% | +1.36% | +2.90% | +5.97% | +6.49% | +6.02% | -- |
| Liquid average | +0.44% | +1.46% | +3.06% | +6.23% | +6.66% | +6.18% | -- |
| Best in Liquid | +0.48% | +1.54% | +3.26% | +6.54% | +6.96% | +6.47% | -- |
| Worst in Liquid | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -- |
| Rank in Liquid | 36/43 | 39/42 | 38/42 | 35/40 | 33/36 | 30/34 | -- |
Category rows compare the Direct plans of 44 Liquid funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Liquid Debt A-I Index. Returns of that index are not available to us, so the category average is the comparison.
| Year | Direct | Regular |
|---|---|---|
| 2026to date | +5.05% | +4.96% |
| 2025 | +6.53% | +6.36% |
| 2024 | +7.12% | +6.95% |
| 2023 | +6.82% | +6.65% |
| 2022 | +4.80% | +4.64% |
| 2021 | +3.13% | +3.02% |
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 1,646 periods, one for each trading day from 24-04-2022 to 30-10-2026.
ITI Liquid Fund (Direct)
Category average, 43 Liquid funds
Every holding period at a glance
| Period | Periods | Median | Lowest | Highest | With a loss | Category median | Beat category |
|---|---|---|---|---|---|---|---|
| 1 year | 2,376 | 6.1% | 2.9% | 7.2% | 0% | 6.1% | 33% |
| 2 years | 2,011 | 5.9% | 3.1% | 7.1% | 0% | 5.9% | 33% |
| 3 years | 1,646 | 5.7% | 3.6% | 6.9% | 0% | 5.7% | 24% |
| 5 years | 915 | 5.4% | 4.8% | 6.2% | 0% | 5.4% | 30% |
| 7 years | 185 | 5.3% | 5.3% | 5.4% | 0% | 5.5% | 0% |
Every SIP holding period at a glance
| Period | Periods | Median | Lowest | Highest | With a loss | Category median | Beat category |
|---|---|---|---|---|---|---|---|
| 1 year | 79 | 6.1% | 3.0% | 7.2% | 0% | 6.1% | 35% |
| 2 years | 67 | 6.3% | 3.1% | 7.1% | 0% | 6.3% | 39% |
| 3 years | 55 | 6.4% | 3.4% | 7.0% | 0% | 6.5% | 27% |
| 5 years | 31 | 6.3% | 5.2% | 6.5% | 0% | 6.3% | 45% |
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 43 Liquid funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
How much it swings, and the falls an investor had to sit through
Risk and return
| Measure | ITI Liquid Fund (Direct)This fund | Category average |
|---|---|---|
| Return (CAGR) | +6.09% | +6.22% |
| Standard deviation | 0.18% | 0.18% |
| Sharpe ratio | 4.76 | 5.54 |
| Sortino ratio | 12.64 | 14.81 |
| Maximum drawdown | −0.01% (15-10-2026) | −0.01% (22-10-2026) |
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.
| Measure | ITI Liquid Fund (Direct)This fund | Category average |
|---|---|---|
| Return (CAGR) | +6.64% | +6.66% |
| Standard deviation | 0.13% | 0.14% |
| Sharpe ratio | 4.75 | 4.68 |
| Sortino ratio | 12.54 | 12.26 |
| Maximum drawdown | −0.01% (15-10-2026) | −0.01% (22-10-2026) |
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.
| Measure | ITI Liquid Fund (Direct)This fund | Category average |
|---|---|---|
| Return (CAGR) | +6.18% | +6.19% |
| Standard deviation | 0.12% | 0.13% |
| Sharpe ratio | 3.22 | 2.95 |
| Sortino ratio | 6.71 | 5.88 |
| Maximum drawdown | −0.01% (15-10-2026) | −0.03% (05-05-2022) |
From daily NAVs, 30-10-2021 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.
| Measure | ITI Liquid Fund (Direct)This fund | Category average |
|---|---|---|
| Return (CAGR) | +5.39% | +5.54% |
| Standard deviation | 0.12% | 0.16% |
| Sharpe ratio | 1.92 | 2.41 |
| Sortino ratio | 3.52 | 4.91 |
| Maximum drawdown | −0.01% (15-10-2026) | −0.12% (24-03-2020) |
From daily NAVs, 24-04-2019 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.
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.
ITI Liquid Fund (Direct)
Category average, 43 Liquid funds
| Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today | |
|---|---|---|---|---|---|---|
| ITI Liquid Fund (Direct) | −0.01% | 14-10-2026 | 15-10-2026 | 18-10-2026 | 3 days | 0.0% |
| Category average | −0.12% | 17-03-2020 | 24-03-2020 | 27-03-2020 | 3 days | 0.0% |
From the Direct plan's daily NAV since 24-04-2019, adjusted for unit splits, and the average of the 43 Liquid funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
The five Liquid funds with the best three year return, and this fund. Direct plans.
| Fund name | Rank | AUM (Cr) | Exp. ratio | 1Y return | 3Y return | 3Y alpha | 3Y beta | 3Y Sharpe | 3Y Sortino | |
|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund | 1/36 | 61,167 | 0.21% | +6.52% | +6.96% | -- | -- | 6.22 | 17.25 | Compare |
| Axis Liquid Fund | 1/36 | 53,470 | 0.13% | +6.54% | +6.96% | -- | -- | 6.39 | 19.90 | Compare |
| Edelweiss Liquid Fund | 1/36 | 11,741 | 0.10% | +6.50% | +6.96% | -- | -- | 6.45 | 18.56 | Compare |
| Franklin India Liquid Fund | 4/36 | 4,811 | 0.14% | +6.52% | +6.95% | -- | -- | 6.51 | 21.25 | Compare |
| Sundaram Liquid Fund | 4/36 | 6,727 | 0.14% | +6.53% | +6.95% | -- | -- | 6.03 | 18.56 | Compare |
| ITI Liquid Fund | 33/36 | 52 | 0.16% | +6.09% | +6.64% | -- | -- | 4.75 | 12.54 |
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
What each plan charges a year, in force from 01-09-2026
| Plan | Base expense ratio | Brokerage | Transaction costs | Levies and GST | Total expense ratio | Liquid median | Cost rank (1 = cheapest) |
|---|---|---|---|---|---|---|---|
| Direct | 0.13% | 0.00% | 0.01% | 0.02% | 0.16% | 0.14% | 30/43 |
| Regular | 0.20% | 0.00% | 0.01% | 0.03% | 0.24% | 0.25% | 20/43 |
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Liquid funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
| Over the last | Regular | Direct | Direct earned more by | ₹1 lakh became (Regular) | ₹1 lakh became (Direct) |
|---|---|---|---|---|---|
| 1 year | 5.97% | 6.09% | 0.12% | ₹1,05,970 | ₹1,06,090 |
| 3 years | 6.49% | 6.64% | 0.15% a year | ₹1,20,761 | ₹1,21,272 |
| 5 years | 6.02% | 6.18% | 0.16% a year | ₹1,33,949 | ₹1,34,963 |
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 24-04-2019 to 30-10-2026: 91 instalments, ₹9,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Direct planITI Liquid Fund (Direct) | ₹9,10,000 | ₹11,43,561 | ₹2,33,561 | 5.9% |
| Regular planITI Liquid Fund (Regular) | ₹9,10,000 | ₹11,37,027 | ₹2,27,027 | 5.8% |
| Category averageCategory average, 43 Liquid funds | ₹9,10,000 | ₹11,46,037 | ₹2,36,037 | 6.0% |
Direct planITI Liquid Fund (Direct)
Regular planITI Liquid Fund (Regular)
Category averageCategory average, 43 Liquid funds
Amount invested
From each plan's published NAV (Growth option) and the category average, 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.
Asset allocation as on 30-09-2026
86.3%Debt
| Asset | Fund | Category |
|---|---|---|
| Debt | 86.3% | 97.0% |
| Cash and others | 13.7% | 6.5% |
Bonds and money market papers by credit rating, % of the fund. Category: the average of 42 Liquid funds.
| Rating | Fund | Category |
|---|---|---|
| Sovereign | 26.6% | 15.2% |
| AAA and A1+ | 59.8% | 81.1% |
As on 30-09-2026 · 11 holdings · from the fund house's monthly portfolio
| Holdings | Rating | Weight% |
|---|---|---|
| Canara Bank (04/12/2026) · Certificate of deposit | CRISIL A1+ | 9.50% |
| 91 Days Tbill (MD 17/12/2026) · Treasury bill | Sovereign | 9.49% |
| 91 Days Tbill (MD 24/12/2026) · Treasury bill | Sovereign | 9.48% |
| Export Import Bank of India (14/12/2026) · Commercial paper | CRISIL A1+ | 9.48% |
| HDFC Bank Limited (14/12/2026) · Certificate of deposit | CARE A1+ | 8.53% |
| Punjab National Bank (15/12/2026) · Certificate of deposit | CRISIL A1+ | 8.53% |
| HDFC Securities Limited (24/12/2026) · Commercial paper | CRISIL A1+ | 8.50% |
| ICICI Securities Limited (26/10/2026) · Commercial paper | CRISIL A1+ | 7.64% |
| Bank of Baroda (11/12/2026) · Certificate of deposit | FITCH A1+ | 7.59% |
| 364 Days Tbill (MD 25/12/2026) · Treasury bill | Sovereign | 7.58% |
| Corporate Debt Market Development Fund Class A2 | 0.36% |
Funds with the most similar portfolios, across every fund house and category
| Fund | Overlap | Holdings in common | |
|---|---|---|---|
| ITI Ultra Short Term FundUltra Short · ITI | 33.3% | 10 | Compare |
| Quantum Liquid FundLiquid · Quantum | 21.3% | 4 | Compare |
| Groww Liquid FundLiquid · Groww | 16.1% | 3 | Compare |
| Capitalmind Liquid FundLiquid · Capitalmind | 15.8% | 3 | Compare |
| Canara Robeco Liquid FundLiquid · Canara Robeco | 13.9% | 4 | Compare |
| WhiteOak Capital Liquid FundLiquid · WhiteOak Capital | 12.5% | 3 | Compare |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Fund facts from the scheme summary document, as on 16-10-2026
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
| Plan | Option | NAV | As on |
|---|---|---|---|
| direct | Growth | ₹1,483.6884 | 30-10-2026 |
| direct | Annually IDCW | ₹1,485.6577 | 30-10-2026 |
| direct | Daily IDCW | ₹1,001.0055 | 30-10-2026 |
| direct | Monthly IDCW | ₹1,001.7805 | 30-10-2026 |
| direct | Weekly IDCW | ₹1,001.591 | 30-10-2026 |
| regular | Fortnightly Income Distribution Cum Capital Withdrawal | ₹1,001.7728 | 30-10-2026 |
| regular | Growth | ₹1,468.713 | 30-10-2026 |
| regular | Annually IDCW | ₹1,478.7446 | 30-10-2026 |
| regular | Daily IDCW | ₹1,001.00 | 30-10-2026 |
| regular | Monthly IDCW | ₹1,000.3846 | 30-10-2026 |
| regular | Weekly IDCW | ₹1,001.5858 | 30-10-2026 |
ITI Liquid Fund is a mutual fund from ITI Mutual Fund. Its category is Liquid. It was launched on 24-04-2019. Its benchmark is CRISIL Liquid Debt A-I Index. At the end of September 2026 it held 11 securities.
Laukik Bagwe
Fund manager of ITI Liquid Fund, since 01-02-2025
See all funds of ITI Mutual Fund
AUM moves with money invested or taken out, and with the value of what the fund holds.
Returns, risk, costs and the stocks they share, side by side
The Direct plan NAV is ₹1,483.6884. The Regular plan NAV is ₹1,468.713, as on 30-10-2026.
The Direct plan returned +6.09% in 1 year, +6.64% a year over 3 years, +6.18% a year over 5 years. The Regular plan returned +5.97% in 1 year, +6.49% a year over 3 years, +6.02% a year over 5 years. These figures are as on 30-10-2026.
The Direct plan charges 0.16% a year. The Regular plan charges 0.24% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.
ITI Liquid Fund managed ₹52.08 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were 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%). The fund held 11 securities in all.
Through ITI Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Laukik Bagwe (since 01-02-2025).
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.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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