Shriram Liquid Fund

LiquidDirect and Regular plans, Growth option

Data as on 30-10-2026

Shriram Liquid Fund is a Liquid fund run by Shriram Mutual Fund. On 30-09-2026, it managed ₹547 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned 6.3% and its Regular plan returned 6.2%. Its benchmark, NIFTY Liquid Index A-I, returned 6.4% over the same year.

NAV (Direct plan): ₹1,129.60; ▲ 0.02%30-10-2026
NAV (Regular plan): ₹1,126.52; ▲ 0.02%30-10-2026
Expense ratio: 0.16%Direct0.29%Regular; 0.16%; A year
Riskometer: Low to Moderate; Set by the fund house
1 year return: 6.3%Direct6.2%Regular; 6.3%; Total

Shriram Liquid Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹1,129.60 (up 0.02% that day); Regular Plan Growth ₹1,126.52 (up 0.02% that day).

This fund (Direct plan)

₹1,129.6009

Shriram 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%	+1.48%	+3.13%	+6.31%	--	--	--
This fund (Regular)	+0.44%	+1.44%	+3.05%	+6.17%	--	--	--
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%	--	--	--
Best in Liquid	+0.48%	+1.54%	+3.26%	+6.54%	--	--	--
Worst in Liquid	0.00%	0.00%	0.00%	0.00%	--	--	--
Rank in Liquid	14/43	33/42	31/42	33/40	--	--	--

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.

Shriram Liquid Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+5.28%	+5.16%
2025	+6.26%	+6.10%

Shriram 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 1-year holding period, plotted on the day it ended. There are 340 periods, one for each trading day from 20-11-2025 to 30-10-2026.

0%2%4%6%8%

Dec 2024
to
Dec 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 2026Jun 2025
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Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026

Shriram 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	340	6.2%	5.9%	6.4%	0%	6.2%	55%

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.

Shriram Liquid Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Shriram Liquid Fund (Direct)This fund	Category average
Return (CAGR)	+6.31%	+6.22%
Standard deviation	0.19%	0.18%
Sharpe ratio	5.45	5.54
Sortino ratio	16.25	14.81
Maximum drawdown	−0.01% (25-09-2026)	−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	Shriram Liquid Fund (Direct)This fund	Category average
Return (CAGR)	+6.36%	+6.37%
Standard deviation	0.15%	0.16%
Sharpe ratio	5.03	4.87
Sortino ratio	14.24	13.56
Maximum drawdown	−0.01% (25-09-2026)	−0.01% (22-10-2026)

From daily NAVs, 21-11-2024 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.

−0.1%0%

20252026

Shriram 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
Shriram Liquid Fund (Direct)	−0.01%	24-09-2026	25-09-2026	26-09-2026	1 day	0.0%
Category average	−0.01%	21-10-2026	22-10-2026	25-10-2026	3 days	0.0%

From the Direct plan's daily NAV since 20-11-2024, 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.

Shriram Liquid Fund vs Other Liquid Funds

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
Shriram Liquid Fund	33/40	547	0.16%	+6.31%	--	--	--	--	--

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.

Shriram 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	0.13%	0.00%	0.01%	0.02%	0.16%	0.14%	30/43
Regular	0.24%	0.00%	0.01%	0.04%	0.29%	0.25%	29/43

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	6.17%	6.31%	0.14%	₹1,06,170	₹1,06,310

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.

Shriram 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 20-11-2024 to 30-10-2026: 24 instalments, ₹2,40,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planShriram Liquid Fund (Direct)	₹2,40,000	₹2,55,765	₹15,765	6.3%
Regular planShriram Liquid Fund (Regular)	₹2,40,000	₹2,55,394	₹15,394	6.1%
Category averageCategory average, 43 Liquid funds	₹2,40,000	₹2,55,703	₹15,703	6.2%

₹0₹1.0 L₹2.0 L₹3.0 L

20252026

Direct planShriram Liquid Fund (Direct)Regular planShriram 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.

Shriram Liquid Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

96.2%Debt

Asset	Fund	Category
Debt	96.2%	97.0%
Cash and others	3.8%	6.5%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 42 Liquid funds.

Rating	Fund	Category
Sovereign	18.3%	15.2%
AAA and A1+	77.8%	81.1%

Shriram Liquid Fund Portfolio Holdings

As on 30-09-2026 · 22 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
EXIM BANK CP RED 04-11-2026 · Commercial paper	CRISIL A1+	9.09%
91 DAYS TBILL RED 22-10-2026 · Treasury bill	SOVEREIGN	4.74%
BANK OF BARODA CD RED 11-11-26 · Certificate of deposit	ICRA A1+	4.54%
HDFC BANK CD RED 06-11-2026 · Certificate of deposit	CARE A1+	4.54%
91 DAYS TBILL RED 27-11-2026 · Treasury bill	SOVEREIGN	4.53%
BAJAJ FINANCE LTD CP 18-11-26 · Commercial paper	CRISIL A1+	4.53%
NABARD CP RED 27-11-2026 · Commercial paper	CRISIL A1+	4.53%
AXIS BANK LTD CD RED 26-11-2026	CRISIL A1+	4.53%
LIC HSG FIN CP RED 26-11-2026 · Commercial paper	CRISIL A1+	4.53%
91 DAYS TBILL RED 03-12-2026 · Treasury bill	SOVEREIGN	4.53%
HINDUSTAN PETRO CORP CP 02-12-26 · Commercial paper	CRISIL A1+	4.52%
BANK OF INDIA CD RED 03-12-2026 · Certificate of deposit	CRISIL A1+	4.52%
91 DAYS TBILL RED 10-12-2026 · Treasury bill	SOVEREIGN	4.52%
CANARA BANK CD RED 03-12-2026 · Certificate of deposit	CRISIL A1+	4.52%
INDIAN BANK CD RED 04-12-2026 · Certificate of deposit	CRISIL A1+	4.52%
KOTAK MAHINDRA BANK CD RED 21-12-2026	CRISIL A1+	4.51%
RELIANCE IND CP RED 10-12-2026 · Commercial paper	CRISIL A1+	4.51%
MOTILAL OSWAL FIN CP 02-12-26 · Commercial paper	CRISIL A1+	4.51%
KOTAK SECURITIES LTD CP RED 15-12-2026 · Commercial paper	CRISIL A1+	4.50%
ADITYA BIRLA MONEY CP 22-12-26 · Commercial paper	CRISIL A1+	4.49%
6.4% LIC HSG FIN TR417 OP I NCD 30-11-26 · Bond	CRISIL AAA	0.96%
SBI CDMDF--A2		0.08%

Shriram Liquid Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Parag Parikh Liquid FundLiquid · PPFAS	19.6%	7	Compare
Union Liquid FundLiquid · Union	18.6%	11	Compare
Edelweiss Liquid FundLiquid · Edelweiss	17.7%	8	Compare
Sundaram Liquid FundLiquid · Sundaram	17.5%	6	Compare
ICICI Prudential Liquid FundLiquid · ICICI Prudential	16.7%	10	Compare
WhiteOak Capital Liquid FundLiquid · WhiteOak Capital	15.4%	6	Compare
Abakkus Liquid FundLiquid · Abakkus	13.7%	5	Compare
Capitalmind Liquid FundLiquid · Capitalmind	13.7%	4	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.

Shriram Liquid Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.16%
Expense ratio (Regular): 0.29%
Category: Liquid
Risk: Low to Moderate
Benchmark: NIFTY Liquid Index A-I
Launch date: 14-11-2024
Minimum investment: ₹1,000
Minimum additional investment: ₹1,000
AUM: ₹547.03 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 153035
ISIN (Direct): INF680P01430
Scheme code (Regular): 153036
ISIN (Regular): INF680P01448
NAV history: From 20-11-2024, 1.9 years

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 Shriram Liquid Fund returns

Shriram 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		₹1,101.8088	30-10-2026
direct		₹1,000.00	30-10-2026
direct		₹1,114.4354	30-10-2026
direct		₹1,000.00	30-10-2026
direct	Growth	₹1,129.6009	30-10-2026
regular	Growth	₹1,126.517	30-10-2026

About Shriram Liquid Fund

Shriram Liquid Fund is a mutual fund from Shriram Mutual Fund. Its category is Liquid. It was launched on 14-11-2024. Its benchmark is NIFTY Liquid Index A-I. At the end of September 2026 it held 22 securities.

Fund Manager

Amit Modani
Fund manager of Shriram Liquid Fund, since 01-11-2025

See all funds of Shriram Mutual Fund

AUM change

September 2026: ₹547.03 Cr; +10.11% from August 2026
August 2026: ₹496.82 Cr; +142.43% from July 2026
July 2026: ₹204.93 Cr; +20.92% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Shriram Liquid Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Shriram Liquid vs Aditya Birla Sun Life LiquidLiquid
Shriram Liquid vs Axis LiquidLiquid
Shriram Liquid vs Edelweiss Liquid17.7% overlap
Shriram Liquid vs Franklin India LiquidLiquid
Shriram Liquid vs Sundaram Liquid17.5% overlap
Shriram Liquid vs Parag Parikh Liquid19.6% overlap
Shriram Liquid vs Union Liquid18.6% overlap
Shriram Liquid vs ICICI Prudential Liquid16.7% overlap

Compare with any other fund

Frequently Asked Questions for Shriram Liquid Fund

What is the current NAV of Shriram Liquid Fund?

The Direct plan NAV is ₹1,129.6009. The Regular plan NAV is ₹1,126.517, as on 30-10-2026.

What are the returns of Shriram Liquid Fund?

The Direct plan returned +6.31% in 1 year. The Regular plan returned +6.17% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of Shriram Liquid Fund?

The Direct plan charges 0.16% a year. The Regular plan charges 0.29% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of Shriram Liquid Fund?

Shriram Liquid Fund managed ₹547.03 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Shriram Liquid Fund?

At the end of September 2026 the largest holdings were EXIM BANK CP RED 04-11-2026 (9.09%), 91 DAYS TBILL RED 22-10-2026 (4.74%), BANK OF BARODA CD RED 11-11-26 (4.54%), HDFC BANK CD RED 06-11-2026 (4.54%), 91 DAYS TBILL RED 27-11-2026 (4.53%). The fund held 22 securities in all.

How do I invest in Shriram Liquid Fund?

Through Shriram 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 ₹1,000. You can invest once or through a monthly SIP.

Who is the fund manager of Shriram Liquid Fund?

Amit Modani (since 01-11-2025).

What is the exit load of Shriram 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.