HDFC Liquid Fund Direct Growth

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, Anupam Joshi. This fund is suitable to keep your money safe.

1. HDFC Liquid Fund Direct Growth has ₹67354 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

HDFC Liquid Fund Direct Growth has given a CAGR return of 6.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.06%, 7.05% and 5.62% respectively.

HDFC Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are 91 Days Tbill (Md 28/08/2025), Treasury Bills, 91 Days Tbill (Md 28/08/2025), Tata Motors Ltd., 91 Days Tbill Red 16-10-2025

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.

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 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.