Nippon India Liquid Fund

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

The Nippon India Liquid Fund is a 22 yrs 1 m old fund and has delivered average annual returns of 6.84% since inception. Nippon India Liquid Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.32% 6.89% 5.79% 6.12% 6.84%

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

The Nippon India Liquid Fund has an expense ratio of 0.33% , 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 Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹6588.9108+0.03% 1 day change	6.84% p.a.	App exclusive #NA View Ranked Funds	₹27,591 Cr

Historical NAV & returns

NAV: ₹6588.9108 as on Feb 02, 2026

This fund Category average

Nippon India Liquid Fund overview

AUM (Fund size)	₹27,591 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	22 yrs 1 m since Dec 09, 2003
Benchmark	NIFTY Liquid Index A-I
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.33% as on Feb 02, 2026
Plan type	Regular
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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.44%	0.44%
3 Months	1.41%	1.27%
6 Months	2.85%	2.69%
1 Year	6.32%	6.09%
2 Years	6.81%	6.65%
3 Years	6.89%	6.76%
4 Years	6.43%	6.32%
5 Years	5.79%	5.69%
7 Years	5.64%	5.49%
10 Years	6.12%	6.12%

Asset allocationas on Dec 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+ 82.46456071%

SOV 18.01288547%

AAA 3.87719685%

Others 0.34873321%

Top Debt Holdings

Reserve Bank of India 15.61%

HDFC Bank Ltd. 8.24%

Bank Of Baroda 7.3%

Bank of India 7.02%

Allocation by Instruments

Commercial Paper 41.40293572%

Certificate of Deposit 41.061624990000006%

Treasury Bills 15.6160311%

Debenture 3.24174549%

Other Holdings

Others 0.34%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Liquid Fund	0.44%	2.85%	6.32%	6.89%	5.79%	6.12%
Canara Robeco Liquid Fund	0.42%	2.85%	6.35%	6.94%	5.84%	6.01%
Mirae Asset Liquid Fund	0.42%	2.85%	6.3%	6.91%	5.83%	6.06%
Bank of India Liquid Fund	0.45%	2.9%	6.4%	6.99%	5.89%	6.12%
Mahindra Manulife Liquid Fund	0.43%	2.87%	6.32%	6.93%	5.85%	5.8%
JM Liquid Fund	0.43%	2.82%	6.24%	6.83%	5.78%	6.09%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Liquid Fund	0.2	0.22	2.72	3.85
Canara Robeco Liquid Fund	0.2	0.24	2.89	4.16
Mirae Asset Liquid Fund	0.2	0.23	2.79	4.37
Bank of India Liquid Fund	0.19	0.21	3.36	5.0
Mahindra Manulife Liquid Fund	0.19	0.22	3.05	4.5
JM Liquid Fund	0.18	0.21	2.66	3.59

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Liquid Fund	N.A.	27,591 Cr	22 yrs 1 m	0.33%
Canara Robeco Liquid Fund	N.A.	5,149 Cr	17 yrs 6 m	0.15%
Mirae Asset Liquid Fund	N.A.	15,757 Cr	17 yrs	0.19%
Bank of India Liquid Fund	N.A.	1,107 Cr	17 yrs 6 m	0.14%
Mahindra Manulife Liquid Fund	N.A.	1,216 Cr	9 yrs 6 m	0.26%
JM Liquid Fund	N.A.	2,285 Cr	28 yrs 1 m	0.26%

View all Liquid funds

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

Alpha	0.95 vs. 2.81 Underperformed at beating benchmark
Sharpe	2.72 vs. 2.63 Better risk-adjusted return
Beta	0.22 vs. 1.66 Less sensitive to market ups & downs
Standard deviation	0.2 vs. 0.16 More volatile performance

Compare Nippon India Liquid Fund in detail with

About this fund

About Nippon India Liquid Fund

Nippon India Liquid Fund is a Liquid mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 22 yrs 1 m, having been launched on 09/12/2003. Nippon India Liquid Fund has ₹27,591 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Liquid Fund as of 02/02/2026 is ₹6588.91. The fund has an expense ratio of 0.33%, which is higher than what most other Liquid funds charge.

Nippon India Liquid Fund returns of last 1-year are 6.34%. Since launch, it has delivered 6.84% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Nippon India Liquid 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 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, HDFC Bank Ltd., Bank Of Baroda, Bank of India, Punjab National Bank.

...

Fund AUM	27,591 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Vikash Agarwal

Mr. Agarwal is a B.Com., CA, CFA Prior to joining Nippon AMC, he has worked with HDFC AMC, 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	71 view all schemes
Total AUM	7,11,598 Cr as on Dec 31, 2025
Address	30th Floor, One Lodha Place Senapati Bapat Marg, Lower Parel Mumbai Mumbai, 400013
Phone	+91 022 6808 7000

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Nippon India Credit Risk Fund	N.A.	1,016 Cr	8.36%	8.21%
Nippon India Medium Duration Fund	N.A.	138 Cr	8.83%	8.16%
Nippon India Fixed Maturity Plan XLV - Series 5	N.A.	237 Cr	8.07%	N.A.
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund	N.A.	884 Cr	5.77%	7.98%
Nippon India Fixed Maturity Plan XLIII - Series 5	N.A.	184 Cr	7.47%	7.95%
Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund	N.A.	135 Cr	7.81%	N.A.

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 plan is approximately ₹6588.9108 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Nippon India Liquid Fund is a 22 yrs 1 m old fund and has delivered average annual returns of 6.84% since inception.

Nippon India Liquid Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.32%	6.89%	5.79%	6.12%	6.84%

How much does this mutual fund charge as expense ratio?

The Nippon India Liquid Fund has an expense ratio of 0.33%, 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 Nippon India Liquid Fund currently has assets under management (AUM) or fund size valued at approximately 27,591 Cr as on Dec 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	15.61%
HDFC Bank Ltd.	8.24%
Bank Of Baroda	7.3%

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+	82.46456071%
SOV	18.01288547%
AAA	3.87719685%

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 can I redeem my investments in Nippon India Liquid Fund?

Redeeming your investments in the Nippon India Liquid 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 Outperformance: This fund has generated highest return amongst Liquid funds in the last 10 Years.
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.