ICICI Prudential Liquid Fund Direct Plan-Growth

Q: What are the returns of ICICI Prudential Liquid Fund?

The ICICI Prudential Liquid Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 6.87% since inception. ICICI Prudential Liquid Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.15% 7.05% 5.62% 6.3% 6.87%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹391.6697+0.01% 1 day change	6.87% p.a.	#NA View Ranked Funds	₹50,000 Cr

Historical NAV & returns

NAV: ₹391.6697 as on Jul 21, 2025

This fund Category average

ICICI Prudential Liquid Fund overview

Expense ratio	0.2% as on May 31, 2025
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.!
AUM (Fund size)	₹50,000 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	CRISIL Liquid Debt A-I Index
Min. investment	SIP: ₹100 & Lumpsum: ₹100
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

ICICI Prudential Liquid 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 Jul 22, 2025

Period	This fund	Category average
1 Month	0.41%	0.41%
3 Months	1.55%	1.54%
6 Months	3.46%	3.43%
1 Year	7.15%	7.11%
2 Years	7.28%	7.22%
3 Years	7.05%	7.01%
4 Years	6.21%	6.18%
5 Years	5.62%	5.6%
7 Years	5.86%	5.8%
10 Years	6.3%	6.26%

Asset allocationas on May 31, 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+ 87.80817257%

SOV 18.56344964%

AAA 0.71054309%

Others 0.2725871%

Top Debt Holdings

Reserve Bank of India 18.55%

Reliance Retail Ventures Ltd. 6.98%

Punjab National Bank 6.46%

National Bank For Agriculture & Rural Development 5.56%

Allocation by Instruments

Commercial Paper 63.40297063000001%

Certificate of Deposit 24.405201939999998%

Treasury Bills 18.55339383%

Reverse Repo 2.87017287%

Other Holdings

Others 1.19%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential Liquid Fund	N.A.	50,000 Cr	12 yrs 6 m	0.2%
Mirae Asset Liquid Fund	N.A.	14,285 Cr	12 yrs 6 m	0.09%
Sundaram Liquid Fund	N.A.	6,288 Cr	12 yrs 6 m	0.13%
JM Liquid Fund	N.A.	2,196 Cr	12 yrs 6 m	0.16%
Navi Liquid Fund	N.A.	121 Cr	12 yrs 6 m	0.15%
Quant Liquid Fund	N.A.	1,679 Cr	12 yrs 6 m	0.26%

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Liquid Fund	0.41%	3.46%	7.15%	7.05%	5.62%	6.3%
Mirae Asset Liquid Fund	0.42%	3.46%	7.17%	7.08%	5.66%	6.27%
Sundaram Liquid Fund	0.42%	3.49%	7.21%	7.09%	5.66%	6.22%
JM Liquid Fund	0.41%	3.42%	7.08%	7.01%	5.6%	6.3%
Navi Liquid Fund	0.4%	3.17%	6.74%	6.71%	5.46%	6.19%
Quant Liquid Fund	0.41%	3.41%	7.15%	6.96%	5.94%	6.61%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Liquid Fund	0.21	0.44	2.34	2.57
Mirae Asset Liquid Fund	0.21	0.42	2.53	2.78
Sundaram Liquid Fund	0.2	0.41	2.61	2.99
JM Liquid Fund	0.18	0.38	2.5	2.59
Navi Liquid Fund	0.16	0.28	1.13	1.35
Quant Liquid Fund	0.19	0.38	2.11	2.37

View all Liquid funds

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

Alpha	1.32 vs. 3.06 Underperformed at beating benchmark
Sharpe	2.34 vs. 2.85 Poor risk-adjusted returns
Beta	0.44 vs. 0.87 Less sensitive to market ups & downs
Standard deviation	0.21 vs. 0.18 More volatile performance

Compare ICICI Prudential Liquid Fund in detail with

About this fund

About ICICI Prudential Liquid Fund

ICICI Prudential Liquid Fund Direct Plan-Growth is a Liquid mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. ICICI Prudential Liquid Fund Direct Plan-Growth has ₹50,000 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential Liquid Fund Direct Plan-Growth as of 21/07/2025 is ₹391.67. The fund has an expense ratio of 0.2%, which is close to what most other Liquid funds charge.

ICICI Prudential Liquid Fund Direct Plan-Growth returns of last 1-year are 7.17%. Since launch, it has delivered 6.88% average annual returns. The fund has doubled the money invested in it every 11 yrs.
ICICI Prudential Liquid Fund Direct Plan-Growth 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, Reliance Retail Ventures Ltd., Punjab National Bank, National Bank For Agriculture & Rural Development, Small Industries Devp. Bank of India Ltd..

...

Fund AUM	50,000 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Darshil Dedhia

Mr. Dedhia has done CA and CFA. He has been working with ICICI Prudential Mutual Fund since 2013.

Nikhil Kabra

Mr. Kabra is a B.Com and Chartered Accountant. Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.

Investment objective

The scheme seeks reasonable returns, commensurate with low risk levels while providing a high level of liquidity. Approximately 80 per cent of the corpus would be invested in money market securities, while the balance would be placed in high quality debt instruments.

ICICI Prudential Mutual Fund details

No. of schemes	97 view all schemes
Total AUM	9,83,726 Cr as on Jun 30, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
ICICI Prudential Income Plus Arbitrage Active FoF	N.A.	594 Cr	7.95%	12.84%
ICICI Prudential Gilt Fund	N.A.	7,347 Cr	10.27%	9.4%
ICICI Prudential Long Term Bond Fund	N.A.	1,230 Cr	10.65%	9.35%
ICICI Prudential Constant Maturity Gilt Fund	N.A.	2,551 Cr	11.13%	9.22%
ICICI Prudential All Seasons Bond Fund	N.A.	14,981 Cr	10.22%	9.14%
ICICI Prudential Bond Fund	N.A.	2,889 Cr	10.35%	8.93%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Liquid Fund?

The current Net Asset Value (NAV) of the ICICI Prudential Liquid Fund - Direct Growth plan is approximately ₹391.6697 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The ICICI Prudential Liquid Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 6.87% since inception.

ICICI Prudential Liquid Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.15%	7.05%	5.62%	6.3%	6.87%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Liquid Fund - Direct Growth has an expense ratio of 0.2%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The ICICI Prudential Liquid Fund currently has assets under management (AUM) or fund size valued at approximately 50,000 Cr as on May 31, 2025.

To whom does ICICI Prudential Liquid Fund lend to?

The top 3 debt holdings of ICICI Prudential Liquid Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	18.55%
Reliance Retail Ventures Ltd.	6.98%
Punjab National Bank	6.46%

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 ICICI Prudential Liquid Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	87.80817257%
SOV	18.56344964%
AAA	0.71054309%

What is risk level of ICICI Prudential Liquid Fund?

This is a Liquid fund comes with Moderate risk.

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

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

How do I invest in ICICI Prudential Liquid Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for ICICI Prudential Liquid Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in ICICI Prudential Liquid Fund is complete.

How can I redeem my investments in ICICI Prudential Liquid Fund?

Redeeming your investments in ICICI Prudential Liquid Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

in Liquid

#NA

Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
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.