MonitorDirect · GrowthWatch before adding
Nippon India Liquid Fund
Nippon India Mutual FundDebt Scheme - Liquid Fund13.8 years
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.
- NAV
- 7,009.7544
- 1 Nov 2026
- 1Y
- +6.5%
- Trailing CAGR
- AUM
- ₹40,489.55 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 1 Nov 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 100% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer PGIM India Liquid Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.20% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.2%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Amber Singhania · 0.6 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 22.8% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.5%
- 3Y+6.9%
- 5Y+6.4%
- 10Y+6.1%
- SI+6.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.6%
- 3Y+6.7%
- 5Y+6.8%
- 10Y+6.1%
- Since inception
- +6.9%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 78
- Vs comparable share classes
- SIP 3Y XIRR
- +6.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.1%
- 3832 daily-ending windows
- Median rolling 3Y
- +7.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 3194 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.2%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +1%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 2 days
- 15 recovered episodes
- Longest recovery
- 13 days
- Trough to prior peak
15 Jul 2013 – 29 Jul 2013
Trough 16 Jul 2013 · recovered in 13 days
-0.2%
17 Mar 2020 – 27 Mar 2020
Trough 24 Mar 2020 · recovered in 3 days
-0.2%
3 May 2022 – 10 May 2022
Trough 5 May 2022 · recovered in 5 days
-0.1%
26 Mar 2023 – 29 Mar 2023
Trough 28 Mar 2023 · recovered in 1 days
-0.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
78
Vs category
50
Consistency
97
Risk-adjusted
0
Drawdown
99
Mean
65
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 162 holdings · top 10 are 22.8%.
- Top 5
- 14.1%
- Top 10
- 22.8%
- Largest holding
- 3.7%
- Effective holdings
- 82.0
Canara Bank (06/11/2026) ** #
Financial
3.7%
HDFC Bank Ltd.**
Financial
3.0%
GOVERNMENT OF INDIA 37693 091 DAYS TBILL 22OT26 FV RS 100
Financial
2.9%
SIDBI CP RED 02-12-2026**
Financial
2.4%
Motilal Oswal Financial Services Limited**
Financial
2.2%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
PGIM India Liquid Fund
PGIM India Mutual Fund
- 1Y
- +6.5%
- 3Y
- +6.9%
- Vol
- 0.2%
- Max DD
- -0.1%
- Sharpe
- -8.82
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
BANDHAN LIQUID Fund
Bandhan Mutual Fund
- 1Y
- +6.4%
- 3Y
- +6.9%
- Vol
- 0.2%
- Max DD
- -0.2%
- Sharpe
- -5.85
- 3Y win
- +19%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Edelweiss Liquid Fund
Edelweiss Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.0%
- Vol
- n/a
- Max DD
- -0.2%
- Sharpe
- n/a
- 3Y win
- +100%
- Shallower drawdown
- Lower TER
- Higher trailing returns
Franklin India Liquid Fund
Franklin Templeton Mutual Fund
- 1Y
- +6.5%
- 3Y
- +6.9%
- Vol
- 0.2%
- Max DD
- -0.2%
- Sharpe
- -4.45
- 3Y win
- +86%
- Shallower drawdown
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Parag Parikh Liquid Fund
PPFAS Mutual Fund
- 1Y
- +6.4%
- 3Y
- +6.7%
- Vol
- 0.1%
- Max DD
- -0.0%
- Sharpe
- -13.36
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns