Nippon India Liquid Fund - Direct Plan - DAILY IDCW OPTION
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.
- Current NAV₹1,528.69
- Fund Size (AUM)₹ 40,490 Cr.
- Expense Ratio0.20 %
- 1Y Return0.00%
- 3Y Return (CAGR)0.00%
- 5Y Return (CAGR)0.00%
- Category Rank (3Y)—
- RiskometerModerate Risk
- Min. SIP / Lump sum₹ 100 / ₹ 10,000
More figures (11)
- Since Launch (CAGR)0.00%
- Benchmark—
- Volatility (3Y)0.09 %
- Sharpe Ratio (3Y)-69.03
- Beta (3Y)—
- 52-week High / Low₹1,529.05 / ₹1,528.58
- Max Drawdown-0.3 %
- Launched1 Jan 2013
- Lock-inNone
- Portfolio Turnover491 %
- Fund ManagersKinjal Desai, Vikash Agarwal, Amber Singhania
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 0.0% a year.
- Volatility over 3 years was 0.1% a year, with a Sharpe ratio of -69.03.
- Its biggest fall from a peak was 0.3% (1 Apr 2018 to 24 Mar 2020).
- Across all 3-year periods since launch, yearly returns ranged from 0.0% to 0.1% and were positive 3% of the time.
- Expense ratio 0.20%, fund size ₹40,490 crore.
Pros
AI- Long track record of 13.8 years since 1 Jan 2013.
Cons
AI- Returns were negative in 97% of all 3-year periods since launch.
- Expense ratio of 0.20% is above the category median of 0.14%.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Liquid Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||
| 2025 | 0.0 | 0.0 | 0.1 | -0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2024 | 0.0 | 0.0 | 0.1 | -0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2023 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2022 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2021 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2020 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2019 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2018 | 0.0 | 0.0 | 0.1 | 0.0 | -0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2017 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 8 of 118 months shown (7%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 0.09% | 0.09% |
| Sharpe ratio ? | -69.03 | -74.42 |
| Sortino ratio ? | -15.49 | -15.54 |
| Maximum drawdown | -0.07% | -0.08% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,19,996 | ₹-4 | -0.01% |
| 3Y | ₹3,60,000 | ₹3,59,984 | ₹-16 | 0.00% |
| 5Y | ₹6,00,000 | ₹5,99,973 | ₹-27 | 0.00% |
| 10Y | ₹12,00,000 | ₹11,99,948 | ₹-52 | 0.00% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Liquid Funds (44)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | 360 ONE Liquid Fund360 ONE Mutual Fund | ₹2,185.00 | — | — | — | — | — | 0.23 | 529 | Low to Moderate Risk |
| 2. | Abakkus Liquid FundAbakkus Mutual Fund | ₹105.0090 | — | — | — | — | — | — | — | — |
| 3. | Aditya Birla Sun Life Liquid FundAditya Birla Sun Life Mutual Fund | ₹461.4971 | — | — | — | — | — | 0.21 | 61,167 | Moderate Risk |
| 4. | ASK Liquid FundASK MUTUAL FUND | ₹1,008.07 | — | — | — | — | — | — | — | — |
| 5. | Axis Liquid FundAxis Mutual Fund | ₹3,178.35 | — | — | — | — | — | 0.13 | 53,470 | Low to Moderate Risk |
| 6. | Bajaj Finserv Liquid FundBajaj Finserv Mutual Fund | ₹1,246.58 | — | — | — | — | — | 0.08 | 6,863 | Low to Moderate Risk |
| 7. | BANDHAN LIQUID FundBandhan Mutual Fund | ₹3,447.97 | — | — | — | — | — | 0.07 | 16,269 | Low to Moderate Risk |
| 8. | BANK OF INDIA LIQUID FUNDBank of India Mutual Fund | ₹3,290.17 | — | — | — | — | — | 0.09 | 1,874 | Low to Moderate Risk |
| 9. | BARODA BNP PARIBAS LIQUID FUNDBaroda BNP Paribas Mutual Fund | ₹3,290.87 | — | — | — | — | — | 0.10 | 12,914 | Low to Moderate Risk |
| 10. | Canara Robeco Liquid FundCanara Robeco Mutual Fund | ₹3,422.41 | — | — | — | — | — | 0.08 | 5,027 | Low to Moderate Risk |
| 11. | Capitalmind Liquid FundCapitalmind Mutual Fund | ₹1,058.75 | — | — | — | — | — | — | — | — |
| 12. | DSP Liquid FundDSP Mutual Fund | ₹4,085.31 | — | — | — | — | — | 0.12 | 24,726 | Low to Moderate Risk |
| 13. | Edelweiss Liquid FundEdelweiss Mutual Fund | ₹3,692.55 | — | — | — | — | — | 0.10 | 11,741 | Low to Moderate Risk |
| 14. | Franklin India Liquid FundFranklin Templeton Mutual Fund | ₹4,294.63 | — | — | — | — | — | 0.14 | 4,811 | Low to Moderate Risk |
| 15. | Groww Liquid FundGroww Mutual Fund | ₹2,768.88 | — | — | — | — | — | 0.11 | 301 | Low to Moderate Risk |
| 16. | HDFC Liquid FundHDFC Mutual Fund | ₹5,607.22 | — | — | — | — | — | 0.20 | 66,295 | Low to Moderate Risk |
| 17. | ICICI Prudential Liquid FundICICI Prudential Mutual Fund | ₹422.5397 | — | — | — | — | — | 0.20 | 55,340 | Low to Moderate Risk |
| 18. | Invesco India Liquid FundInvesco Mutual Fund | ₹3,919.56 | — | — | — | — | — | 0.15 | 22,395 | Low to Moderate Risk |
| 19. | Invesco India Liquid FundInvesco Mutual Fund | ₹1,000.00 | — | — | — | — | — | — | — | — |
| 20. | Invesco India Liquid FundInvesco Mutual Fund | ₹1,857.79 | — | — | — | — | — | — | — | — |
| 21. | Invesco India Liquid FundInvesco Mutual Fund | ₹1,000.00 | — | — | — | — | — | — | — | — |
| 22. | Invesco India Liquid FundInvesco Mutual Fund | ₹1,857.37 | — | — | — | — | — | — | — | — |
| 23. | ITI Liquid FundITI Mutual Fund | ₹1,480.90 | — | — | — | — | — | 0.16 | 52 | Low to Moderate Risk |
| 24. | JioBlackRock Liquid FundJio BlackRock Mutual Fund | ₹1,083.26 | — | — | — | — | — | — | — | — |
| 25. | JM Liquid FundJM Financial Mutual Fund | ₹77.8964 | — | — | — | — | — | 0.16 | 1,701 | Low to Moderate Risk |
| 26. | Kotak Liquid FundKotak Mahindra Mutual Fund | ₹5,769.27 | — | — | — | — | — | 0.15 | 42,047 | Moderate Risk |
| 27. | LIC MF Liquid FundLIC Mutual Fund | ₹5,183.76 | — | — | — | — | — | 0.13 | 12,872 | Low to Moderate Risk |
| 28. | Mahindra Manulife Liquid FundMahindra Manulife Mutual Fund | ₹1,860.84 | — | — | — | — | — | 0.15 | 1,041 | Moderate Risk |
| 29. | Mirae Asset Liquid FundMirae Asset Mutual Fund | ₹3,014.56 | — | — | — | — | — | 0.09 | 14,887 | Low to Moderate Risk |
| 30. | Nippon India Liquid FundNippon India Mutual Fund | ₹6,993.14 | — | — | — | — | — | 0.20 | 40,490 | Moderate Risk |
| 31. | Parag Parikh Liquid FundPPFAS Mutual Fund | ₹1,578.82 | — | — | — | — | — | 0.10 | 5,228 | Low to Moderate Risk |
| 32. | PGIM India Liquid FundPGIM India Mutual Fund | ₹372.6865 | — | — | — | — | — | 0.11 | 1,438 | Low to Moderate Risk |
| 33. | Quant Liquid Fundquant Mutual Fund | ₹45.7053 | — | — | — | — | — | 0.31 | 1,149 | Low to Moderate Risk |
| 34. | Quantum Liquid FundQuantum Mutual Fund | ₹37.9224 | — | — | — | — | — | 0.15 | 543 | Low Risk |
| 35. | SBI LIQUID FUNDSBI Mutual Fund | ₹4,463.82 | — | — | — | — | — | 0.20 | 77,481 | Low to Moderate Risk |
| 36. | Shriram Liquid FundShriram Mutual Fund | ₹1,127.32 | — | — | — | — | — | 0.16 | 547 | Low to Moderate Risk |
| 37. | Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund)Sundaram Mutual Fund | ₹2,525.14 | — | — | — | — | — | 0.14 | 6,727 | Moderate Risk |
| 38. | Tata Liquid FundTata Mutual Fund | ₹4,507.65 | — | — | — | — | — | 0.23 | 28,037 | Low to Moderate Risk |
| 39. | The Wealth Company Liquid FundThe Wealth Company Mutual Fund | ₹1,066.49 | — | — | — | — | — | — | — | — |
| 40. | TRUSTMF Liquid FundTrust Mutual Fund | ₹1,382.18 | — | — | — | — | — | 0.10 | 748 | Low to Moderate Risk |
| 41. | UNIFI LIQUID FUNDUnifi Mutual Fund | ₹1,080.53 | — | — | — | — | — | — | — | — |
| 42. | Union Liquid FundUnion Mutual Fund | ₹2,754.64 | — | — | — | — | — | 0.07 | 5,014 | Low to Moderate Risk |
| 43. | UTI - Liquid FundUTI Mutual Fund | ₹468.2982 | — | — | — | — | — | — | — | — |
| 44. | WhiteOak Capital Liquid FundWhiteOak Capital Mutual Fund | ₹1,528.38 | — | — | — | — | — | 0.12 | 727 | Low to Moderate Risk |
| Median: 44 schemes | — | — | — | — | — | — | 0.14 | 6,727 | — |
Detailed comparison with another fund About Liquid Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.
- Fund managers
- Kinjal Desai, Vikash Agarwal, Amber Singhania
- Fund house
- Nippon India Mutual Fund
- Category
- Liquid Funds · Debt
- Plan / option
- Direct · IDCW (income distribution)
- AMFI scheme code
- 118695
- ISIN
- INF204K01ZG2
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Liquid Funds
Liquid Funds invest in debt and money-market securities maturing within 91 days. They are commonly used for emergency funds and short-term parking.
Generally used by money needed within weeks to a few months.
Other plans of this scheme
- Nippon India Liquid Fund - Direct Plan - Growth Option
- Nippon India Liquid Fund - Regular Plan - Growth Option
- Nippon India Liquid Fund - Regular Plan - Growth Option
- Nippon India Liquid Fund - Regular Plan - Retail Plan - Growth Option
- Nippon India Liquid Fund - Direct Plan - MONTHLY IDCW OPTION
- Nippon India Liquid Fund - Direct Plan - QUARTERLY IDCW OPTION
- Nippon India Liquid Fund - Direct Plan - WEEKLY IDCW OPTION
- Nippon India Liquid Fund - Regular Plan - DAILY IDCW OPTION
Tax on your gains
Likely tax treatment: Debt-oriented fund ("specified mutual fund")
- Units bought on or after 1 April 2023: gains are added to your income and taxed at your slab rate, however long you hold them.
- No long-term rate or indexation benefit for these units.
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Nippon India Mutual Fund
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
What is the NAV of Nippon India Liquid Fund today?
What returns has Nippon India Liquid Fund given?
What is the expense ratio of Nippon India Liquid Fund?
How risky is this fund?
What is the difference between Direct and Regular plans?
What are Liquid Funds?
How are gains from Nippon India Liquid Fund taxed?
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