Nippon India Liquid Fund Direct-Growth

Q: What are the returns of Nippon India Liquid Fund?

The Nippon India Liquid Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 6.92% since inception. Nippon India Liquid Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.37% 6.9% 5.53% 6.4% 6.92%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹6377.9101+0.02% 1 day change	6.92% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹6377.9101 as on Apr 23, 2025

This fund Category average

Nippon India Liquid Fund overview

VRO rating	3
Expense ratio	0.2% as on Mar 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)	₹28,241 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	NIFTY Liquid Index A-I
Min. investment	SIP ₹1000 & Lump. ₹1000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Nippon India 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 Apr 24, 2025

Period	This fund	Category average
1 month	0.71%	0.69%
3 months	1.87%	1.84%
6 months	3.66%	3.62%
1 year	7.37%	7.31%
3 years	6.9%	6.84%
5 years	5.53%	5.47%
7 years	5.94%	5.85%
10 years	6.4%	6.31%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 94.16%

SOV 21.85%

AAA 0.75%

Others 0.28%

Top Debt Holdings

Reserve Bank of India 14.82%

National Bank For Agriculture & Rural Development 7.69%

Reliance Retail Ventures Ltd. 5.95%

Punjab National Bank 5.78%

Allocation by Instruments

Commercial Paper 59.610000000000014%

Certificate of Deposit 34.550000000000004%

Treasury Bills 14.819999999999999%

GOI Securities 3.69%

Other Holdings

Others 0.27%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Nippon India Liquid Fund	N.A.	₹28,241 Crs	12 yrs 3 m	0.2%
Mirae Asset Liquid Fund	N.A.	₹8,684 Crs	12 yrs 3 m	0.09%
Sundaram Liquid Fund	N.A.	₹5,477 Crs	12 yrs 3 m	0.13%
JM Liquid Fund	N.A.	₹2,806 Crs	12 yrs 3 m	0.16%
Navi Liquid Fund	N.A.	₹63 Crs	12 yrs 3 m	0.15%
Mahindra Manulife Liquid Fund	N.A.	₹1,026 Crs	8 yrs 9 m	0.15%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Liquid Fund	0.71%	3.66%	7.37%	6.9%	5.53%	6.4%
Mirae Asset Liquid Fund	0.7%	3.65%	7.38%	6.91%	5.54%	6.31%
Sundaram Liquid Fund	0.71%	3.7%	7.43%	6.93%	5.54%	6.27%
JM Liquid Fund	0.68%	3.6%	7.27%	6.84%	5.47%	6.35%
Navi Liquid Fund	0.56%	3.38%	6.9%	6.58%	5.32%	6.24%
Mahindra Manulife Liquid Fund	0.69%	3.65%	7.38%	6.94%	5.58%	5.43%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Liquid Fund	0.31	0.68	1.46	1.44
Mirae Asset Liquid Fund	0.3	0.64	1.55	1.57
Sundaram Liquid Fund	0.3	0.64	1.58	1.6
JM Liquid Fund	0.29	0.61	1.41	1.37
Navi Liquid Fund	0.24	0.51	0.81	0.83
Mahindra Manulife Liquid Fund	0.29	0.63	1.7	1.67

View all Liquid funds

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

Alpha	1.87 vs. 2.93 Underperformed at beating benchmark
Sharpe	1.46 vs. 2.95 Poor risk-adjusted returns
Beta	0.68 vs. 0.92 Less sensitive to market ups & downs
Standard deviation	0.31 vs. 0.28 More volatile performance

Compare Nippon India Liquid Fund in detail with

About this fund

About Nippon India Liquid Fund

Nippon India Liquid Fund Direct-Growth is a Liquid mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. Nippon India Liquid Fund Direct-Growth has ₹28,241 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Liquid Fund Direct-Growth as of 23/04/2025 is ₹6377.91. The fund has an expense ratio of 0.2%, which is close to what most other Liquid funds charge.

Nippon India Liquid Fund Direct-Growth returns of last 1-year are 7.39%. Since launch, it has delivered 6.92% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Nippon India Liquid Fund Direct-Growth scheme's ability to deliver returns consistently is higher than 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 better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Reserve Bank of India, National Bank For Agriculture & Rural Development, Reliance Retail Ventures Ltd., Punjab National Bank, Bank Of Baroda.

...

Fund AUM	₹28,241 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Vikash Agarwal

Mr. Agarwal is a B.Com., CA, CFA Prior to joining HDFC AMC, he has worked with Larsen & Toubro Ltd.

Investment objective

The Scheme seeks to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.

Nippon India Mutual Fund details

No. of schemes	65 view all schemes
Total AUM	₹5,61,387 Crs as on Mar 31, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Nippon India Nivesh Lakshya Fund	N.A.	₹9,659 Crs	13.37%	9.48%
Nippon India Gilt Securities Fund	N.A.	₹2,060 Crs	12.66%	8.69%
Nippon India Income Fund	N.A.	₹420 Crs	11.59%	8.63%
Nippon India Credit Risk Fund	N.A.	₹1,001 Crs	10.21%	8.3%
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund	N.A.	₹759 Crs	13.53%	N.A.
Nippon India Dynamic Bond Fund	N.A.	₹4,358 Crs	11.61%	8.04%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Liquid Fund?

The current Net Asset Value (NAV) of the Nippon India Liquid Fund - Direct Growth plan is approximately ₹6377.9101 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Liquid Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 6.92% since inception.

Nippon India Liquid Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.37%	6.9%	5.53%	6.4%	6.92%

How much does this mutual fund charge as expense ratio?

The Nippon India 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 Nippon India Liquid Fund currently has assets under management (AUM) or fund size valued at approximately ₹28,241 Crs crore as of Mar 31, 2025.

To whom does Nippon India Liquid Fund lend to?

The top 3 debt holdings of Nippon India Liquid Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	14.82%
National Bank For Agriculture & Rural Development	7.69%
Reliance Retail Ventures Ltd.	5.95%

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 Nippon India Liquid Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	94.16%
SOV	21.85%
AAA	0.75%

What is risk level of Nippon India 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 Nippon India 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 Nippon India 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 Nippon India Liquid Fund is complete.

How can I redeem my investments in Nippon India Liquid Fund?

Redeeming your investments in Nippon India 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 Nippon India 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

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.