MonitorDirect · GrowthWatch before adding
Shriram Liquid Fund
Shriram Mutual FundIncome/Debt Oriented Schemes - Liquid Fund1.9 years
The scheme seeks to generate optimal returns consistent with lower to moderate levels of risk and high liquidity by investing in debt and money market instruments The fund maintains an average maturity in the range of less than 91 days. There is no assurance that the investment objective of the Scheme will be achieved.
- NAV
- 1,129.351
- 29 Oct 2026
- 1Y
- +6.3%
- Trailing CAGR
- AUM
- ₹547.03 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Axis Liquid Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Fail
1.9 years - thin for judging consistency.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.16% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.0%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
Watch
Amit Modani · 1.0 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 ≈ 50.1% 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+6.3%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+6.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.4%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +6.4%
- Calendar-day CAGR
- Excess 1Y
- -0.1%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.0%
- 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
- 6 recovered episodes
- Longest recovery
- 3 days
- Trough to prior peak
24 Sept 2026 – 26 Sept 2026
Trough 25 Sept 2026 · recovered in 1 days
-0.0%
14 Oct 2026 – 17 Oct 2026
Trough 15 Oct 2026 · recovered in 2 days
-0.0%
21 Oct 2026 – 25 Oct 2026
Trough 22 Oct 2026 · recovered in 3 days
-0.0%
22 Mar 2026 – 25 Mar 2026
Trough 23 Mar 2026 · recovered in 2 days
-0.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
36
Vs category
49
Consistency
0
Risk-adjusted
0
Drawdown
100
Mean
37
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
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 24 holdings · top 10 are 50.1%.
- Top 5
- 27.4%
- Top 10
- 50.1%
- Largest holding
- 9.1%
- Effective holdings
- 20.5
EXPORT IMPORT BANK OF INDIA 91D CP 04NOV26
Financial
9.1%
GOVERNMENT OF INDIA 37693 091 DAYS TBILL 22OT26 FV RS 100
Financial
4.7%
HDFC BANK LIMITED CD 06NOV26
Financial
4.5%
BANK OF BARODA CD 11NOV26
Financial
4.5%
AXIS BANK LIMITED CD 26NOV26
Financial
4.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Liquid Fund
Axis Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.0%
- Vol
- 0.2%
- Max DD
- -0.2%
- Sharpe
- -8.43
- 3Y win
- +93%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
BARODA BNP PARIBAS LIQUID FUND
Baroda BNP Paribas Mutual Fund
- 1Y
- +6.4%
- 3Y
- +6.9%
- Vol
- 0.2%
- Max DD
- -0.2%
- Sharpe
- -4.26
- 3Y win
- +87%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Canara Robeco Liquid Fund
Canara Robeco Mutual Fund
- 1Y
- +6.4%
- 3Y
- +6.9%
- Vol
- 0.1%
- Max DD
- -0.2%
- Sharpe
- -10.36
- 3Y win
- +15%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
DSP Liquid Fund
DSP Mutual Fund
- 1Y
- +6.5%
- 3Y
- +6.9%
- Vol
- 0.2%
- Max DD
- -0.2%
- Sharpe
- -5.45
- 3Y win
- +40%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Groww Liquid Fund
Groww Mutual Fund
- 1Y
- +6.5%
- 3Y
- +6.9%
- Vol
- 0.2%
- Max DD
- -0.2%
- Sharpe
- -5.98
- 3Y win
- +43%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown