DSP Liquidity Fund

Q: What are the returns of this mutual fund scheme?

The DSP Liquidity Fund is a 19 yrs 11 m old fund and has delivered average annual returns of 6.92% since inception. DSP Liquidity Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.67% 6.98% 5.66% 6.14% 6.92%

Q: How much does this mutual fund charge as expense ratio?

The DSP Liquidity Fund has an expense ratio of 0.22% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 22, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹3794.1457+0.02% 1 day change	6.92% p.a.	App exclusive #NA View Ranked Funds	₹16,474 Cr

Historical NAV & returns

NAV: ₹3794.1457 as on Oct 22, 2025

This fund Category average

DSP Liquidity Fund overview

AUM (Fund size)	₹16,474 Cr
Exit load	0.007% 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.!
Lock-in Period	Nil
Age	19 yrs 11 m since Nov 23, 2005
Benchmark	CRISIL Liquid Debt A-I Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.22% as on Sep 30, 2025
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

DSP Liquidity Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 26, 2025

Period	This fund	Category average
1 Month	0.44%	0.44%
3 Months	1.37%	1.36%
6 Months	2.94%	2.9%
1 Year	6.67%	6.58%
2 Years	7.03%	6.94%
3 Years	6.98%	6.91%
4 Years	6.29%	6.23%
5 Years	5.66%	5.61%
7 Years	5.68%	5.65%
10 Years	6.14%	6.11%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 89.77%

SOV 17.59%

AAA 1.13%

Others 0.28%

Top Debt Holdings

Reserve Bank of India 10.13%

GOI 7.46%

Bank Of Baroda 6.77%

HDFC Bank Ltd. 6.75%

Allocation by Instruments

Commercial Paper 47.769999999999996%

Certificate of Deposit 42.0%

Treasury Bills 10.129999999999999%

GOI Securities 7.46%

Other Holdings

Others 0.28%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Liquidity Fund	0.44%	2.94%	6.67%	6.98%	5.66%	6.14%
Canara Robeco Liquid Fund	0.45%	2.93%	6.69%	7.02%	5.68%	6.06%
Bank of India Liquid Fund	0.45%	2.97%	6.72%	7.05%	5.72%	6.17%
Mirae Asset Liquid Fund	0.44%	2.94%	6.65%	6.98%	5.68%	6.09%
JM Liquid Fund	0.44%	2.9%	6.57%	6.9%	5.62%	6.14%
Navi Liquid Fund	0.41%	2.79%	6.25%	6.64%	5.54%	6.04%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Liquidity Fund	0.16	0.34	2.9	3.91
Canara Robeco Liquid Fund	0.17	0.34	3.07	4.13
Bank of India Liquid Fund	0.16	0.34	3.38	4.24
Mirae Asset Liquid Fund	0.17	0.33	2.82	3.92
JM Liquid Fund	0.15	0.29	2.7	3.53
Navi Liquid Fund	0.15	0.23	1.1	1.45

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Liquidity Fund	N.A.	16,474 Cr	19 yrs 11 m	0.22%
Canara Robeco Liquid Fund	N.A.	6,399 Cr	17 yrs 3 m	0.21%
Bank of India Liquid Fund	N.A.	1,360 Cr	17 yrs 3 m	0.14%
Mirae Asset Liquid Fund	N.A.	11,368 Cr	16 yrs 9 m	0.19%
JM Liquid Fund	N.A.	1,621 Cr	27 yrs 10 m	0.26%
Navi Liquid Fund	N.A.	62 Cr	15 yrs 8 m	0.2%

View all Liquid funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.08 vs. 2.9 Underperformed at beating benchmark
Sharpe	2.9 vs. 2.94 Poor risk-adjusted returns
Beta	0.34 vs. 1.55 Less sensitive to market ups & downs
Standard deviation	0.16 vs. 0.15 More volatile performance

Compare DSP Liquidity Fund in detail with

About this fund

About DSP Liquidity Fund

DSP Liquidity Fund is a Liquid mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 19 yrs 11 m, having been launched on 23/11/2005. DSP Liquidity Fund has ₹16,474 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Liquidity Fund as of 22/10/2025 is ₹3794.15. The fund has an expense ratio of 0.22%, which is close to what most other Liquid funds charge.

DSP Liquidity Fund returns of last 1-year are 6.74%. Since launch, it has delivered 6.92% average annual returns. The fund has doubled the money invested in it every 12 yrs.
DSP Liquidity Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Reserve Bank of India, GOI, Bank Of Baroda, HDFC Bank Ltd., Axis Bank Ltd..

...

Fund AUM	16,474 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Karan Mundhra

Mr. Mundra is a B. COM. and Charted Accountant (CA) He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.

Shalini Vasanta

Mr. Vasanta has done BA and MBA (Finance) Prior to joining DSP Mutual Fund, he has worked with ICRA as Senior Analyst

Investment objective

The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.

DSP Mutual Fund details

No. of schemes	54 view all schemes
Total AUM	2,12,960 Cr as on Sep 30, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
DSP Credit Risk Fund	N.A.	208 Cr	21.59%	14.85%
DSP Income Plus Arbitrage Omni FoF	N.A.	1,689 Cr	6.64%	10.97%
DSP Floater Fund	N.A.	521 Cr	7.99%	8.29%
DSP 10Y G-Sec Fund	N.A.	56 Cr	7.39%	8.1%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	N.A.	2,061 Cr	8.25%	8.06%
DSP Bond Fund	N.A.	317 Cr	8.28%	7.83%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of DSP Liquidity Fund?

The current Net Asset Value (NAV) of the DSP Liquidity Fund plan is approximately ₹3794.1457 as of Oct 22, 2025.

What are the returns of this mutual fund scheme?

The DSP Liquidity Fund is a 19 yrs 11 m old fund and has delivered average annual returns of 6.92% since inception.

DSP Liquidity Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.67%	6.98%	5.66%	6.14%	6.92%

How much does this mutual fund charge as expense ratio?

The DSP Liquidity Fund has an expense ratio of 0.22%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The DSP Liquidity Fund currently has assets under management (AUM) or fund size valued at approximately 16,474 Cr as on Sep 30, 2025.

To whom does DSP Liquidity Fund lend to?

The top 3 debt holdings of DSP Liquidity Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	10.13%
GOI	7.46%
Bank Of Baroda	6.77%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The DSP Liquidity Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	89.77%
SOV	17.59%
AAA	1.13%

What is risk level of DSP Liquidity Fund?

This is a Liquid fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in DSP Liquidity Fund?

Redeeming your investments in the DSP Liquidity Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Liquid

#NA

Return/Risk: The fund is performing poorly than its category.
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.