HDFC Liquid Fund Direct Growth

HDFC Liquid Fund Direct Growth

Debt

HDFC Mutual Fund

Liquid

Get the latest NAV of HDFC Liquid Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹5276.66

NAV as on 28 Oct 2025

6.82%/per year

Since Inception

Absolute Gain%

▲▼

5294 people have invested ₹ 40.7Cr in HDFC Liquid Fund Direct Growth in the last three months

HDFC Liquid Fund Performance vs. Liquid Index

Fund returns vs Benchmark returns vs Category Average returns as on (28-Oct-25)

The fund has consistently outperformed the benchmark (Liquid Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.49%
1.43%
3%
6.78%
7.06%
5.73%
Liquid Index
0.38%
1.24%
2.76%
5.81%
5.74%
4.75%
Liquid Avg
0.39%
1.25%
2.65%
6%
6.43%
5.22%
Best in Liquid
0.51%
1.5%
3.06%
6.88%
7.16%
5.98%
Worst in Liquid
0.45%
1.36%
2.86%
6.39%
6.69%
5.41%
Category Rank
15/24
12/23
23/23
19/23
20/24
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HDFC Liquid Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

19
/23
80% Performance
30% Risk Management
17% Cost

Ranked 19 out of 23 mutual funds in the liquid category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
HDFC Liquid Fund
19/23
56,062Cr
0.2%
6.78%
7.06%
-0.10
1.52
2.50
11.78
0.60
Bajaj Finserv Liquid Fund Direct Growth
1/23
5,196Cr
0.11%
6.79%
-
--
--
--
--
--
Aditya Birla Sun Life Liquid Fund Direct Growth
2/23
49,803Cr
0.21%
6.85%
7.16%
--
1.50
3.20
27.00
1.91
Edelweiss Liquid Fund Direct Growth
3/23
8,130Cr
0.05%
6.84%
7.14%
0.01
1.40
3.39
23.18
2.05
See all

HDFC Liquid Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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HDFC Liquid Fund Asset Allocation

See fund asset allocation details as on (14-Oct-25)

Fund Distribution

as on (14-Oct-25)

AAA
99.9%
AA
0.1%
Debt allocation has gone up from 4.7% to 8.9%
Debt allocation has gone up from 4.7% to 8.9%
Cash allocation has gone down from 95% to 90.7%
Cash allocation has gone down from 95% to 90.7%

HDFC Liquid Fund Sector Allocation

See fund sector allocation details as on (14-Oct-25)

Sector Allocation

Cash Equivalent
73%
Corporate
23.8%
Government
3.2%

Top 3 Sectors in September were Financial Services, Corporate & Government

Sep'25

Financial Services

100%

Corporate

14%

Government

8%

Aug'25

Financial Services

100%

Corporate

15%

Government

6%

HDFC Liquid Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.2%
Benchmark
CRISIL Liquid Debt TR INR
AUM₹56062 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
355.11%
Risk
Risk meter
pointer
Low to Moderate Risk

About HDFC Liquid Fund

HDFC Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Dhruv Muchhal, Swapnil Jangam, Rohan Pillai. This fund is suitable to keep your money safe.

Key Parameters

  1. HDFC Liquid Fund Direct Growth has ₹56062 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

HDFC Liquid Fund Direct Growth has given a CAGR return of 6.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.78%, 7.06% and 5.73% respectively.

Holdings

HDFC Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Government, Corporate. Its top holdings are 91 Days Tbill Mat 201125, 5.15% Govt Stock 2025, 91 Days TBILL ISD 091025 MAT 080126, 7.59% Govt Stock 2026, 91 Days Tbill ISD 030825 Mat 020126

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of HDFC Liquid Fund Direct Growth

To generate income through a portfolio comprising money market and debt instruments. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Liquid Fund Direct Growth has no lock in period.

Fund Manager

Dhruv Muchhal

Fund Manager of HDFC Liquid Fund Direct Growth, since 22 June 2023

Swapnil Jangam

Fund Manager of HDFC Liquid Fund Direct Growth, since 6 October 2022

Rohan Pillai

Fund Manager of HDFC Liquid Fund Direct Growth, since 1 October 2025

Learn more about HDFC Mutual Fund
Parameters
Sep'25
Aug'25
Jul'25
AUM
₹ 61.4K Cr
₹ 63.2K Cr
₹ 67.4K Cr
  • AUM of the fund stands at 61.4K Cr as of Sep'25
  • AUM decreased by 1.8K Cr between Sep'25 and Aug'25

Frequently Asked Questions for HDFC Liquid Fund Direct Growth

How do I invest in HDFC Liquid Fund?

INDmoney makes it simple to invest in the HDFC Liquid Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘HDFC Liquid Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of HDFC Liquid Fund?

The NAV of the fund today is ₹5276.66. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

HDFC Liquid Fund fund has generated a return of 6.78% in 1 year, 7.06% in 3 years, 5.73% in 5 years.

Who is the fund manager of HDFC Liquid Fund?

The fund managers are Dhruv Muchhal, Swapnil Jangam, Rohan Pillai.

What is the exit load of the fund?

The exit load is 0.007% if redeemed in 0-1 Days, 0.0065% if redeemed in 1-2 Days, 0.006% if redeemed in 2-3 Days, 0.0055% if redeemed in 3-4 Days, 0.005% if redeemed in 4-5 Days, 0.0045% if redeemed in 5-6 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.20%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹56062 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of HDFC Liquid Fund?

The top 3 holdings of the fund are 91 Days Tbill Mat 201125(3.95%), 5.15% Govt Stock 2025(3.58%), 91 Days TBILL ISD 091025 MAT 080126(3.13%)