Nippon India Liquid Fund is a Liquid fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹40,490 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.9% a year and its Regular plan returned 6.5% a year. Its benchmark, NIFTY Liquid Index A-I, returned 6.9% a year over the same 3 years.
NAV (Direct plan)
₹7,007.02
▲ 0.02% · 30-10-2026
NAV (Regular plan)
₹6,117.48
▲ 0.02% · 30-10-2026
Expense ratio
0.20%Direct0.38%Regular
0.20%
A year
Riskometer
Moderate
Set by the fund house
3 year return
6.9%Direct6.5%Regular
6.9%
A year
Nippon India Liquid Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹7,007.02 (up 0.02% that day); Regular Plan Growth ₹6,117.48 (up 0.02% that day).
This fund (Direct plan)
₹7,007.0209
Nippon India Liquid Fund Returns vs NIFTY Liquid Index A-I
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
+0.45%
+1.52%
+3.20%
+6.50%
+6.93%
+6.44%
+6.15%
This fund (Regular)
+0.43%
+1.46%
+3.09%
+6.61%
+6.47%
+5.84%
+5.40%
NIFTY Liquid Index A-I
+0.51%
+1.57%
+3.42%
+6.44%
+6.90%
+6.36%
--
Liquid average
+0.44%
+1.46%
+3.06%
+6.23%
+6.66%
+6.18%
+5.85%
Best in Liquid
+0.48%
+1.54%
+3.26%
+6.54%
+6.96%
+6.47%
+6.32%
Worst in Liquid
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Rank in Liquid
14/43
7/42
11/42
8/40
8/36
7/34
6/28
Category rows compare the Direct plans of 44 Liquid funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.
Nippon India Liquid Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+5.44%
+5.68%
2025
+6.63%
+5.85%
2024
+7.46%
+6.73%
2023
+7.11%
+6.32%
2022
+4.92%
+4.13%
2021
+3.37%
+2.58%
Nippon India Liquid Fund Rolling Returns
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 3,859 periods, one for each trading day from 01-01-2016 to 30-10-2026.
0%2%4%6%8%10%
Nippon India Liquid Fund (Direct)
Category average, 43 Liquid funds
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Nippon India Liquid Fund (Direct)Category average, 43 Liquid funds
0%
0%
Below 0%
19%
23%
0-5%
81%
77%
5-10%
0%
0%
10-15%
0%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
4,460
7.0%
3.3%
9.9%
0%
6.7%
100%
2 years
4,160
7.0%
3.4%
9.4%
0%
6.7%
100%
3 years
3,859
7.0%
4.1%
9.0%
0%
6.6%
100%
5 years
3,220
6.0%
5.3%
8.3%
0%
5.7%
100%
7 years
2,490
5.9%
5.7%
8.0%
0%
5.6%
100%
10 years
1,394
6.5%
6.1%
6.8%
0%
6.1%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
154
7.1%
3.3%
9.7%
0%
6.8%
100%
2 years
142
7.0%
3.5%
9.3%
0%
6.7%
100%
3 years
130
6.9%
3.7%
8.8%
0%
6.6%
100%
5 years
106
6.4%
4.6%
7.8%
0%
6.0%
100%
7 years
82
5.9%
5.2%
7.5%
0%
5.6%
100%
10 years
46
6.0%
5.9%
6.2%
0%
5.8%
100%
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.
Nippon India Liquid Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Nippon India Liquid Fund (Direct)This fund
Category average
Return (CAGR)
+6.50%
+6.22%
Standard deviation
0.20%
0.18%
Sharpe ratio
6.44
5.54
Sortino ratio
18.44
14.81
Maximum drawdown
−0.01%
(22-10-2026)
−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
Nippon India Liquid Fund (Direct)This fund
Category average
Return (CAGR)
+6.93%
+6.66%
Standard deviation
0.15%
0.14%
Sharpe ratio
6.13
4.68
Sortino ratio
17.64
12.26
Maximum drawdown
−0.01%
(22-10-2026)
−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
Nippon India Liquid Fund (Direct)This fund
Category average
Return (CAGR)
+6.44%
+6.19%
Standard deviation
0.14%
0.13%
Sharpe ratio
4.49
2.95
Sortino ratio
9.55
5.88
Maximum drawdown
−0.05%
(05-05-2022)
−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
Nippon India Liquid Fund (Direct)This fund
Category average
Return (CAGR)
+6.15%
+5.85%
Standard deviation
0.18%
0.15%
Sharpe ratio
4.26
2.92
Sortino ratio
8.95
5.60
Maximum drawdown
−0.22%
(24-03-2020)
−0.12%
(24-03-2020)
From daily NAVs, 28-10-2016 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
Nippon India Liquid Fund (Direct)This fund
Category average
Return (CAGR)
+6.86%
+6.51%
Standard deviation
0.23%
0.25%
Sharpe ratio
3.62
1.81
Sortino ratio
6.94
2.69
Maximum drawdown
−0.24%
(16-07-2013)
−0.34%
(07-01-2013)
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.
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.
−0.4%−0.3%−0.2%−0.1%0%
Nippon India Liquid Fund (Direct)
Category average, 43 Liquid funds
2014201620182020202220242026
Nippon India 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
Nippon India Liquid Fund (Direct)
−0.24%
15-07-2013
16-07-2013
29-07-2013
13 days
0.0%
Category average
−0.34%
06-01-2013
07-01-2013
11-01-2013
4 days
0.0%
From the Direct plan's daily NAV since 01-01-2013, 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.
Nippon India Liquid Fund vs Other Liquid Funds
The five Liquid funds with the best three year return, and this fund. Direct plans.
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.
Nippon India Liquid Fund Expense Ratio and Costs
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
0.17%
0.00%
0.00%
0.03%
0.20%
0.14%
34/43
Regular
0.32%
0.00%
0.00%
0.06%
0.38%
0.25%
41/43
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
6.61%
6.50%
−0.11%
₹1,06,610
₹1,06,500
3 years
6.47%
6.93%
0.46% a year
₹1,20,693
₹1,22,264
5 years
5.84%
6.44%
0.60% a year
₹1,32,816
₹1,36,623
10 years
5.40%
6.15%
0.75% a year
₹1,69,202
₹1,81,635
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.
Nippon India Liquid Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 01-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planNippon India Liquid Fund (Direct)
₹16,60,000
₹26,27,615
₹9,67,615
6.4%
Regular planNippon India Liquid Fund (Regular)
₹16,60,000
₹24,89,127
₹8,29,127
5.6%
Category averageCategory average, 43 Liquid funds
₹16,60,000
₹25,70,208
₹9,10,208
6.1%
₹0₹10.0 L₹20.0 L₹30.0 L
Direct planNippon India Liquid Fund (Direct)
Regular planNippon India Liquid Fund (Regular)
Category averageCategory average, 43 Liquid funds
Amount invested
2014201620182020202220242026
Direct planNippon India Liquid Fund (Direct)Regular planNippon India Liquid Fund (Regular)Category averageCategory average, 43 Liquid fundsAmount 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.
Nippon India Liquid Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
103.4%Debt
Asset
Fund
Category
Debt
103.4%
97.0%
Cash and others
−3.4%
6.5%
Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.
Credit rating
Bonds and money market papers by credit rating, % of the fund. Category: the average of 42 Liquid funds.
Rating
Fund
Category
Sovereign
12.3%
15.2%
AAA and A1+
90.5%
81.1%
AA
0.6%
0.2%
Nippon India Liquid Fund Portfolio Holdings
As on 30-09-2026 · 167 holdings · from the fund house's monthly portfolio
Holdings
Rating
Weight%
Canara Bank · Certificate of deposit
CRISIL A1+
3.68%
HDFC Bank Limited · Certificate of deposit
CARE A1+
3.05%
91 Days Tbill · Treasury bill
2.88%
Small Industries Dev Bank of India · Commercial paper
CRISIL A1+
2.44%
HDFC Bank Limited · Certificate of deposit
CARE A1+
2.09%
Union Bank of India · Certificate of deposit
ICRA A1+
2.03%
National Bank For Agriculture and Rural Development · Commercial paper
CRISIL A1+
1.85%
National Bank For Agriculture and Rural Development · Commercial paper
CRISIL A1+
1.77%
91 Days Tbill · Treasury bill
1.58%
Hindustan Petroleum Corporation Limited · Commercial paper
CRISIL A1+
1.47%
Punjab & Sind Bank · Certificate of deposit
ICRA A1+
1.47%
91 Days Tbill · Treasury bill
1.46%
National Bank For Agriculture and Rural Development · Commercial paper
CRISIL A1+
1.23%
National Bank For Agriculture and Rural Development · Commercial paper
ICRA A1+
1.23%
Bajaj Housing Finance Limited · Commercial paper
CRISIL A1+
1.23%
Export Import Bank of India · Commercial paper
CRISIL A1+
1.23%
Indian Overseas Bank · Certificate of deposit
CARE A1+
1.23%
Union Bank of India · Certificate of deposit
ICRA A1+
1.23%
Union Bank of India · Certificate of deposit
ICRA A1+
1.23%
NTPC Limited · Commercial paper
CRISIL A1+
1.23%
Bank of India · Certificate of deposit
CARE A1+
1.22%
Axis Bank Limited
CRISIL A1+
1.22%
National Bank For Agriculture and Rural Development · Commercial paper
ICRA A1+
1.22%
Titan Company Limited · Commercial paper
CARE A1+
1.22%
Small Industries Dev Bank of India · Commercial paper
CRISIL A1+
1.22%
Indian Overseas Bank · Certificate of deposit
CARE A1+
1.22%
Reliance Retail Ventures Limited · Commercial paper
CRISIL A1+
1.22%
91 Days Tbill · Treasury bill
1.10%
Punjab & Sind Bank · Certificate of deposit
ICRA A1+
1.10%
91 Days Tbill · Treasury bill
0.98%
182 Days Tbill · Treasury bill
0.98%
Hindustan Petroleum Corporation Limited · Commercial paper
CRISIL A1+
0.98%
National Bank For Agriculture and Rural Development · Commercial paper
ICRA A1+
0.98%
CESC Limited · Commercial paper
ICRA A1+
0.98%
Small Industries Dev Bank of India · Commercial paper
CARE A1+
0.97%
HDFC Bank Limited · Certificate of deposit
ICRA A1+
0.85%
Motilal Oswal Financial Services Limited · Commercial paper
ICRA A1+
0.85%
Aditya Birla Housing Finance Limited · Commercial paper
CRISIL A1+
0.85%
7.33% Government of India · Government security
SOVEREIGN
0.75%
Tata Capital Housing Finance Limited · Commercial paper
CRISIL A1+
0.74%
HDFC Bank Limited · Certificate of deposit
CARE A1+
0.73%
Nuvoco Vistas Corporation Limited · Commercial paper
CRISIL A1+
0.73%
Motilal Oswal Financial Services Limited · Commercial paper
ICRA A1+
0.73%
CESC Limited · Commercial paper
FITCH A1+
0.73%
Manappuram Finance Limited · Commercial paper
CARE A1+
0.73%
IIFL Finance Limited · Commercial paper
CRISIL A1+
0.73%
ICICI Securities Limited · Commercial paper
CRISIL A1+
0.73%
8.89% Hero Fincorp Limited · Bond
CRISIL AA+
0.62%
364 Days Tbill · Treasury bill
0.61%
Reliance Industries Limited · Commercial paper
CRISIL A1+
0.61%
Reliance Industries Limited · Commercial paper
CRISIL A1+
0.61%
Kotak Securities Limited · Commercial paper
CRISIL A1+
0.61%
Kotak Securities Limited · Commercial paper
ICRA A1+
0.61%
Bharat Petroleum Corporation Limited · Commercial paper
CRISIL A1+
0.61%
Grasim Industries Limited · Commercial paper
CRISIL A1+
0.61%
Bank of India · Certificate of deposit
CRISIL A1+
0.61%
Power Finance Corporation Limited · Commercial paper
CRISIL A1+
0.61%
Motilal Oswal Financial Services Limited · Commercial paper
CRISIL A1+
0.61%
Apollo Tyres Limited · Commercial paper
CRISIL A1+
0.61%
Canara Bank · Certificate of deposit
CRISIL A1+
0.61%
Central Bank of India · Certificate of deposit
CRISIL A1+
0.61%
Central Bank of India · Certificate of deposit
CARE A1+
0.61%
Central Bank of India · Certificate of deposit
CARE A1+
0.61%
Export Import Bank of India · Commercial paper
CRISIL A1+
0.61%
PNB Housing Finance Limited · Commercial paper
CARE A1+
0.61%
Punjab & Sind Bank · Certificate of deposit
ICRA A1+
0.61%
HDFC Securities Limited · Commercial paper
CARE A1+
0.61%
HDFC Securities Limited · Commercial paper
CARE A1+
0.61%
ICICI Securities Limited · Commercial paper
CRISIL A1+
0.61%
ICICI Securities Limited · Commercial paper
ICRA A1+
0.61%
Reliance Retail Ventures Limited · Commercial paper
CARE A1+
0.61%
Reliance Retail Ventures Limited · Commercial paper
CRISIL A1+
0.61%
Birla Group Holdings Private Limited · Commercial paper
CRISIL A1+
0.55%
Nomura Capital India Pvt Limited · Commercial paper
CRISIL A1+
0.54%
Tata Housing Development Company Limited · Commercial paper
CARE A1+
0.50%
91 Days Tbill · Treasury bill
0.49%
Bajaj Financial Securities Limited · Commercial paper
CRISIL A1+
0.49%
Kotak Securities Limited · Commercial paper
CRISIL A1+
0.49%
Kotak Securities Limited · Commercial paper
ICRA A1+
0.49%
IGH Holdings Private Limited · Commercial paper
CRISIL A1+
0.49%
Birla Group Holdings Private Limited · Commercial paper
ICRA A1+
0.49%
Kisetsu Saison Fin Ind Pvt Ltd · Commercial paper
CARE A1+
0.49%
Knowledge Realty Trust · Commercial paper
CRISIL A1+
0.49%
NIIF Infrastructure Finance Limited · Commercial paper
ICRA A1+
0.49%
Motilal Oswal Financial Services Limited · Commercial paper
CRISIL A1+
0.49%
DSP Finance Private Limited · Commercial paper
ICRA A1+
0.49%
IIFL Home Finance Limited · Commercial paper
CRISIL A1+
0.49%
Manappuram Finance Limited · Commercial paper
CARE A1+
0.49%
Muthoot Fincorp Ltd · Commercial paper
CRISIL A1+
0.49%
Indian Bank · Certificate of deposit
CRISIL A1+
0.49%
SRF Limited · Commercial paper
CRISIL A1+
0.49%
Aditya Birla Capital Limited · Commercial paper
ICRA A1+
0.49%
Aditya Birla Housing Finance Limited · Commercial paper
CRISIL A1+
0.49%
Redington Limited · Commercial paper
CRISIL A1+
0.49%
AU Small Finance Bank Limited · Certificate of deposit
CARE A1+
0.49%
Hero Fincorp Limited · Commercial paper
CRISIL A1+
0.49%
Nuvoco Vistas Corporation Limited · Commercial paper
CRISIL A1+
0.43%
Tata Housing Development Company Limited · Commercial paper
CARE A1+
0.41%
182 Days Tbill · Treasury bill
0.37%
HDFC Bank Limited · Certificate of deposit
CARE A1+
0.37%
Mirae Asset Capital Markets Private Limited · Commercial paper
CRISIL A1+
0.37%
Sharekhan Limited · Commercial paper
ICRA A1+
0.37%
Nuvama Wealth Management Limited · Commercial paper
CRISIL A1+
0.37%
Punjab & Sind Bank · Certificate of deposit
ICRA A1+
0.37%
HDFC Securities Limited · Commercial paper
CARE A1+
0.37%
Network18 Media & Investments Limited · Commercial paper
FITCH A1+
0.37%
5.74% Government of India · Government security
SOVEREIGN
0.31%
ICICI Securities Limited · Commercial paper
CRISIL A1+
0.31%
LIC Housing Finance Limited · Commercial paper
CRISIL A1+
0.30%
HSBC InvestDirect Financial Services (India) Limited · Commercial paper
CRISIL A1+
0.30%
Bajaj Financial Securities Limited · Commercial paper
FITCH A1+
0.25%
Bajaj Financial Securities Limited · Commercial paper
CRISIL A1+
0.25%
Mizuho Capsave Finance Private Ltd. · Commercial paper
ICRA A1+
0.25%
Nexus Select Trust - REIT · Commercial paper
CRISIL A1+
0.25%
Motilal Oswal Financial Services Limited · Commercial paper
ICRA A1+
0.25%
360 One WAM Limited · Commercial paper
ICRA A1+
0.25%
Manappuram Finance Limited · Commercial paper
CARE A1+
0.25%
Network18 Media & Investments Limited · Commercial paper
FITCH A1+
0.25%
Corporate Debt Market Development Fund Class A2
0.25%
Godrej Housing Finance Limited · Commercial paper
ICRA A1+
0.24%
Grasim Industries Limited · Commercial paper
CRISIL A1+
0.24%
Kisetsu Saison Fin Ind Pvt Ltd · Commercial paper
CRISIL A1+
0.24%
Godrej Consumer Products Limited · Commercial paper
CRISIL A1+
0.24%
Sharekhan Limited · Commercial paper
CRISIL A1+
0.24%
Sharekhan Limited · Commercial paper
CRISIL A1+
0.24%
Sharekhan Limited · Commercial paper
CRISIL A1+
0.24%
SBICAP Securities Limited · Commercial paper
CRISIL A1+
0.24%
IIFL Finance Limited · Commercial paper
CRISIL A1+
0.24%
Muthoot Fincorp Ltd · Commercial paper
CRISIL A1+
0.24%
Tata Projects Limited · Commercial paper
FITCH A1+
0.24%
Dalmia Cement (Bharat) Limited · Commercial paper
CRISIL A1+
0.24%
HSBC InvestDirect Financial Services (India) Limited · Commercial paper
CRISIL A1+
0.24%
Alembic Pharmaceuticals Limited · Commercial paper
CRISIL A1+
0.24%
Nuvama Wealth Finance Limited · Commercial paper
CRISIL A1+
0.24%
Nu Vista Limited · Commercial paper
CRISIL A1+
0.24%
364 Days Tbill · Treasury bill
0.21%
Bank of Baroda · Certificate of deposit
FITCH A1+
0.18%
HDFC Bank Limited · Certificate of deposit
CARE A1+
0.18%
ICICI Home Finance Company Limited · Commercial paper
CARE A1+
0.18%
Canara Bank · Certificate of deposit
ICRA A1+
0.18%
Nuvama Wealth Management Limited · Commercial paper
CRISIL A1+
0.18%
Small Industries Dev Bank of India · Certificate of deposit
CRISIL A1+
0.18%
ICICI Securities Limited · Commercial paper
CRISIL A1+
0.18%
7.39% State Government Securities · State government security
SOVEREIGN
0.15%
91 Days Tbill · Treasury bill
0.12%
7.41% State Government Securities · State government security
SOVEREIGN
0.12%
Bank of Baroda · Certificate of deposit
FITCH A1+
0.12%
Bank of Baroda · Certificate of deposit
FITCH A1+
0.12%
7.23% Indian Railway Finance Corporation Limited · Bond
CRISIL AAA
0.12%
Mirae Asset Financial Services (India) Private Limited · Commercial paper
CRISIL A1+
0.12%
Mirae Asset Financial Services (India) Private Limited · Commercial paper
CRISIL A1+
0.12%
SBICAP Securities Limited · Commercial paper
CRISIL A1+
0.12%
TATA Realty & Infrastructure Limited · Commercial paper
ICRA A1+
0.12%
DSP Finance Private Limited · Commercial paper
ICRA A1+
0.12%
DSP Finance Private Limited · Commercial paper
ICRA A1+
0.12%
Canara Bank · Certificate of deposit
CRISIL A1+
0.12%
8.19% Summit Digitel Infrastructure Limited · Bond
CRISIL AAA
0.12%
Manappuram Finance Limited · Commercial paper
CRISIL A1+
0.12%
Nuvama Wealth And Investment Ltd · Commercial paper
CRISIL A1+
0.12%
Nuvama Wealth And Investment Ltd · Commercial paper
CRISIL A1+
0.12%
Muthoot Fincorp Ltd · Commercial paper
CRISIL A1+
0.12%
Small Industries Dev Bank of India · Certificate of deposit
CARE A1+
0.12%
364 Days Tbill · Treasury bill
0.06%
7.22% State Government Securities · State government security
SOVEREIGN
0.06%
7.39% State Government Securities · State government security
SOVEREIGN
0.06%
Canara Bank · Certificate of deposit
CRISIL A1+
0.06%
7.68% Indian Railway Finance Corporation Limited · Bond
CRISIL AAA
0.01%
Nippon India Liquid Fund Portfolio Overlap
Funds with the most similar portfolios, across every fund house and category
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.
Nippon India Liquid Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.20%
Expense ratio (Regular)
0.38%
Category
Liquid
Risk
Moderate
Benchmark
NIFTY Liquid Index A-I
Launch date
09-12-2003
AUM
₹40,489.55 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
118701
ISIN (Direct)
INF204K01ZH0
Scheme code (Regular)
100837
ISIN (Regular)
INF204K01UL3
NAV history
From 01-01-2013, 13.8 years
Minimum investment
Daily IDCW Plan - ?10000 & in multiples of ?1 thereafter Weekly IDCW Plan - ?5000 & in multiples of ?1 thereafter Other Plans and Plans - ?1000 and in multiples of ?1 thereafter
Minimum additional investment
Daily IDCW Plan - ?10000 & in multiples of ?1 thereafter Weekly IDCW Plan - ?1000 & in multiples of ?1 thereafter Other Plans and Plans - ?1000 and in multiples of ?1 thereafter
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.
Tax on Nippon India Liquid Fund returns
Nippon India Liquid Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹7,007.0209
30-10-2026
direct
Daily IDCW
₹1,528.74
30-10-2026
direct
Monthly IDCW
₹1,588.4574
30-10-2026
direct
Quarterly IDCW
₹1,010.0631
30-10-2026
direct
Weekly IDCW
₹1,531.0063
30-10-2026
regular
Retail Growth
₹6,117.4829
30-10-2026
regular
Growth
₹6,905.4459
30-10-2026
regular
Daily IDCW
₹1,528.74
30-10-2026
regular
Monthly IDCW
₹1,585.1209
30-10-2026
regular
Quarterly IDCW
₹1,009.8564
30-10-2026
regular
Retail Daily IDCW
₹1,524.28
30-10-2026
regular
Retail Monthly IDCW
₹1,327.5353
30-10-2026
regular
Retail Quarterly IDCW
₹1,219.7766
30-10-2026
regular
Retail Weekly IDCW
₹1,034.6284
30-10-2026
regular
Weekly IDCW
₹1,530.9919
30-10-2026
About Nippon India Liquid Fund
Nippon India Liquid Fund is a mutual fund from Nippon India Mutual Fund. Its category is Liquid. It was launched on 09-12-2003. Its benchmark is NIFTY Liquid Index A-I. At the end of September 2026 it held 167 securities.
Fund Manager
Vikash Agarwal
Fund manager of Nippon India Liquid Fund, since 01-09-2024
Frequently Asked Questions for Nippon India Liquid Fund
What is the current NAV of Nippon India Liquid Fund?
The Direct plan NAV is ₹7,007.0209. The Regular plan NAV is ₹6,117.4829, as on 30-10-2026.
What are the returns of Nippon India Liquid Fund?
The Direct plan returned +6.50% in 1 year, +6.93% a year over 3 years, +6.44% a year over 5 years. The Regular plan returned +6.61% in 1 year, +6.47% a year over 3 years, +5.84% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Nippon India Liquid Fund?
The Direct plan charges 0.20% a year. The Regular plan charges 0.38% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.
What is the AUM of Nippon India Liquid Fund?
Nippon India Liquid Fund managed ₹40,489.55 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Nippon India Liquid Fund?
At the end of September 2026 the largest holdings were Canara Bank (3.68%), HDFC Bank Limited (3.05%), 91 Days Tbill (2.88%), Small Industries Dev Bank of India (2.44%), HDFC Bank Limited (2.09%). The fund held 167 securities in all.
How do I invest in Nippon India Liquid Fund?
Through Nippon India 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 Daily IDCW Plan - ?10000 & in multiples of ?1 thereafter Weekly IDCW Plan - ?5000 & in multiples of ?1 thereafter Other Plans and Plans - ?1000 and in multiples of ?1 thereafter. You can invest once or through a monthly SIP.
Who is the fund manager of Nippon India Liquid Fund?
Vikash Agarwal (since 01-09-2024).
What is the exit load of Nippon India Liquid Fund?
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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