HDFC Liquid Fund - Direct (IDCW-M)

Liquid Fund

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NAV
1030.95(0.00%)
Fund Size (CR)
₹65,878.25
Expense Ratio
0.2
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹100
Minimum Withdrawal
₹5,000
Exit Load
0.007%
Return Since Launch
6.73%

Absolute Return: -0.17%

Annualized Return: 0%

Basic Details

Scheme Manager

Rohan Pillai

Bench Mark

CRISIL Liquid Debt A-I Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	July 17, 2026	10011.39	0.11%	-	0.13%	120/391
1 Month	June 24, 2026	10053.74	0.54%	-	0.55%	155/391
3 Month	April 24, 2026	10160.11	1.60%	-	1.54%	121/391
6 Month	January 23, 2026	10339.01	3.39%	-	3.14%	65/390
1 Year	July 24, 2025	10635.86	6.36%	6.36%	5.88%	84/368
3 Year	July 24, 2023	12234.94	22.35%	6.95%	6.53%	94/349
5 Year	July 23, 2021	13528.08	35.28%	6.22%	5.91%	105/337
Since Inception	December 31, 2012	24194.62	141.95%	6.73%	6.14%	152/392

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	August 1, 2025	1,20,000	292540.26	143.78%	143.78%
3 Year	August 1, 2023	3,60,000	877449.91	143.74%	34.58%
5 Year	August 1, 2021	6,00,000	1462672.23	143.78%	19.51%
10 Year	August 1, 2016	12,00,000	2925043.72	143.75%	9.32%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Risk Ratios

0.17%

Standard Deviation

0.01%

Beta

2.23%

Sharpe Ratio

6.37%

Treynor's Ratio

1.32%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
There's no data available of Stock Holdings

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HDFC Liquid Fund - Direct (IDCW-M)	65878.25	0.54%	1.60%	3.39%	6.36%	6.95%
Canara Robeco Liquid Fund - Direct (IDCW-M)	5182.45	17.41%	18.63%	20.70%	24.20%	12.65%
UTI-Liquid Fund - Direct (IDCW-M)	27632.16	5.52%	6.12%	7.98%	11.11%	8.53%
Groww Liquid Fund - Direct (IDCW-D)	279.27	0.51%	5.01%	6.82%	9.95%	8.11%
Union Liquid Fund - Direct (IDCW-Frt)	6649.97	0.58%	1.80%	3.07%	9.63%	4.32%
Bandhan Liquid Fund - Direct (IDCW-D)	15800.35	0.69%	2.11%	4.34%	8.40%	9.16%

List of Schemes under HDFC Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
HDFC Small Cap Fund	Equity	Very High	-3.43%	4	₹40,416.80
HDFC Large and Mid Cap Fund	Equity	Very High	-0.09%	4	₹29,284.71
HDFC Income Plus Arbitrage Active FOF	Other	High	5.47%	0	₹2,470.72
HDFC Value Fund	Equity	Very High	4.03%	2	₹7,583.27
HDFC Children's Fund	Solution Oriented	Very High	-2.72%	4	₹10,487.87
HDFC Overnight Fund	Debt	Low	5.3%	2	₹13,192.15
HDFC Money Market Fund	Debt	Moderate	6.3%	3	₹30,251.16
HDFC Low Duration Fund	Debt	Moderate	6.19%	3	₹18,338.03
HDFC Focused Fund	Equity	Very High	0.76%	5	₹27,303.27
HDFC Flexi Cap Fund	Equity	Very High	1.73%	5	₹1,06,495.63
HDFC Floating Rate Debt Fund	Debt	Moderate	6.07%	4	₹16,404.97
HDFC Gilt Fund	Debt	Moderate	2.73%	4	₹2,050.48
HDFC Gold ETF Fund of Fund	Other	Very High	43.1%	3	₹11,019.45
HDFC Balanced Advantage Fund	Hybrid	Very High	0%	5	₹1,06,456.16
HDFC Medium Term Debt Fund	Debt	Moderately High	6.24%	3	₹3,644.59
HDFC Dynamic Debt Fund	Debt	Moderate	3.54%	3	₹524.96
HDFC Income Fund	Debt	Moderate	3.76%	3	₹831.50
HDFC Nifty 50 Index Fund	Other	Very High	-4.28%	3	₹23,702.96
HDFC BSE Sensex Index Fund	Other	Very High	-6.67%	2	₹8,484.72
HDFC Infrastructure Fund	Equity	Very High	-3.04%	4	₹2,444.21
HDFC Liquid Fund	Debt	Moderately Low	6.36%	3	₹74,903.38
HDFC Corporate Bond Fund	Debt	Moderate	4.7%	4	₹30,699.01
HDFC Hybrid Debt Fund	Hybrid	Moderately High	2.05%	4	₹3,253.70
HDFC Mid Cap Fund	Equity	Very High	4.83%	5	₹1,00,858.31
HDFC Equity Savings Fund	Hybrid	Moderately High	3%	3	₹5,639.52
HDFC Multi-Asset Allocation Fund	Hybrid	Very High	4.36%	3	₹5,881.41
HDFC Hybrid Equity Fund	Hybrid	Very High	-5.57%	3	₹22,367.86
HDFC Short Term Debt Fund	Debt	Moderate	5.6%	5	₹15,120.23
HDFC Tax Saver Fund	Equity	Very High	-3.41%	5	₹15,685.17
HDFC Large Cap Fund	Equity	Very High	-1.87%	5	₹39,023.69
HDFC Credit Risk Debt Fund	Debt	Moderately High	6.99%	3	₹7,650.37
HDFC Banking and PSU Debt Fund	Debt	Moderately Low	5.07%	4	₹5,305.22
HDFC Arbitrage Fund	Hybrid	Low	6.51%	3	₹25,084.91
HDFC Retirement Savings Fund - Equity	Solution Oriented	Very High	-4.69%	5	₹6,832.14
HDFC Retirement Savings Fund-Hybrid Equity	Solution Oriented	Very High	-3.71%	4	₹1,613.52
HDFC Retirement Savings Fund-Hybrid Debt	Solution Oriented	Moderately High	1.43%	3	₹148.68
HDFC Housing Opportunities Fund	Equity	Very High	-6.21%	0	₹1,192.72
HDFC Ultra Short Term Fund	Debt	Moderate	6.27%	2	₹17,390.75
HDFC Dividend Yield Fund	Equity	Very High	-0.88%	0	₹5,655.56
HDFC Multi-Asset Active FOF	Other	High	6.27%	4	₹6,035.33
HDFC Banking & Financial Services Fund	Equity	Very High	3.9%	4	₹4,582.30
HDFC NIFTY50 Equal Weight Index Fund	Other	Very High	3.94%	4	₹1,747.33
HDFC Developed World Overseas Equity Passive FOF	Other	Very High	31.13%	0	₹1,671.93
HDFC NIFTY Next 50 Index Fund	Other	Very High	5.85%	1	₹2,534.10
HDFC Multi Cap Fund	Equity	Very High	-2.97%	4	₹20,216.88
HDFC Nifty 100 Index Fund	Other	Very High	-2.57%	2	₹448.39
HDFC Nifty 100 Equal Weight Index Fund	Other	Very High	4.81%	4	₹505.08
HDFC Silver ETF Fund of Fund	Other	Very High	88.38%	0	₹4,326.56
HDFC Business Cycle Fund	Equity	Very High	0.13%	0	₹2,703.41
HDFC Nifty G-Sec Dec 2026 Index Fund	Other	Moderate	5.56%	0	₹940.74
HDFC Nifty G-Sec July 2031 Index Fund	Other	Moderately High	4.8%	0	₹635.20
HDFC Nifty G-Sec Jun 2027 Index Fund	Other	Moderately High	5.5%	0	₹582.28
HDFC Nifty G-Sec Sep 2032 Index Fund	Other	Moderately High	4.6%	0	₹628.28
HDFC Long Duration Debt Fund	Debt	Moderately High	1.07%	0	₹2,999.45
HDFC Nifty SDL Oct 2026 Index Fund	Other	Moderate	5.69%	0	₹181.81
HDFC MNC Fund	Equity	Very High	1.35%	0	₹540.21
HDFC Nifty G-Sec Jun 2036 Index Fund	Other	High	4%	0	₹827.79
HDFC Nifty G-Sec Apr 2029 Index Fund	Other	Moderately High	5.2%	0	₹156.56
HDFC NIFTY SDL Plus G-Sec Jun 2027 40:60 IF	Other	Moderate	5.68%	0	₹48.48
HDFC NIFTY Midcap 150 Index Fund	Other	Very High	4.04%	0	₹650.60
HDFC NIFTY Smallcap 250 Index Fund	Other	Very High	-0.61%	0	₹701.63
HDFC BSE 500 Index Fund	Other	Very High	-1.35%	0	₹300.28
HDFC Defence Fund	Equity	Very High	23.24%	0	₹10,529.25
HDFC Consumption Fund	Equity	Very High	-4.88%	0	₹998.25
HDFC Transportation and Logistics Fund	Equity	Very High	12.97%	0	₹1,792.44
HDFC Technology Fund	Equity	Very High	-15.15%	0	₹1,278.73
HDFC Pharma and Healthcare Fund	Equity	Very High	17.65%	0	₹2,611.33
HDFC NIFTY200 Momentum 30 Index Fund	Other	Very High	-2.9%	0	₹620.44
HDFC NIFTY Realty Index Fund	Other	Very High	-8.25%	0	₹127.38
HDFC Manufacturing Fund	Equity	Very High	5.63%	0	₹10,327.97
HDFC NIFTY100 Low Volatility 30 Index Fund	Other	Very High	1%	0	₹221.99
HDFC Nifty500 Multicap 50:25:25 Index Fund	Other	Very High	-0.3%	0	₹486.59
HDFC Nifty LargeMidcap 250 Index Fund	Other	Very High	0.82%	0	₹447.20
HDFC Nifty India Digital Index Fund	Other	Very High	-10.23%	0	₹139.25
HDFC Nifty 100 Quality 30 Index Fund	Other	Very High	0.9%	0	₹142.51
HDFC Nifty Top 20 Equal Weight Index Fund	Other	Very High	-4.13%	0	₹90.69
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund	Other	Moderately Low	6.99%	0	₹2,220.38
HDFC Innovation Fund	Equity	Very High	10.38%	0	₹2,760.39
HDFC Diversified Equity All Cap Active FOF	Other	Very High	0%	0	₹2,618.97
HDFC BSE India Sector Leaders Index Fund	Other	Very High	0%	0	₹186.28
HDFC Nifty India Consumption Index Fund	Other	Very High	0%	0	₹135.02
HDFC Income Plus Arbitrage Omni FOF	Other	High	0%	0	₹27.14
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Other	Moderately Low	0%	0	₹901.67

News

HDFC MF announces Income Distribution cum capital withdrawal (IDCW) under its scheme
HDFC Mutual Fund has announced 27 July 2026 as the record date for declaration of IDCW in the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:
HDFC Balanced Advantage Fund:
Regular Plan ' IDCW: 0.250
Direct Plan ' IDCW: 0.250
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HDFC MF announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes
HDFC Mutual Fund has announced 21 July 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan IDCW & monthly IDCW option and direct plan IDCW & monthly IDCW option of HDFC Arbitrage Fund. The amount of distribution (Rs per unit) will be:
HDFC Arbitrage Fund ' Wholesale Plan ' Regular Plan ' Monthly IDCW Option (Payout & Reinvestment): 0.050
HDFC Arbitrage Fund ' Wholesale Plan ' Direct Plan ' Monthly IDCW Option (Payout & Reinvestment): 0.050
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HDFC Mutual Fund announces change in Exit Load Structure

HDFC Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from June 29, 2026.

Change in Exit Load:

Name of the Scheme	Existing Exit Load	Revised Exit Load
HDFC Arbitrage Fund	' In respect of each purchase / switch-in of Units, an Exit load of 0.25% is payable if Units are redeemed / switched-out within 1 month from the date of allotment of units. ' No Exit Load is payable if Units are redeemed/switched-out after 1 month from the date of allotment.	' In respect of each purchase / switch-in of Units, an Exit load of 0.25% is payable if Units are redeemed / switched-out within 15 days from the date of allotment of units. ' No Exit Load is payable if Units are redeemed/switched-out after 15 days from the date of allotment.

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Fund House Details & Investment Objective

Date of Incorporation

December 31, 2012

Total AUM (Cr)

₹74903.38

HDFC Liquid Fund - Direct (IDCW-M) is an Liquid Fund-oriented fund from the renowned AMC, HDFC Mutual Fund. Launched in December 31, 2012, this fund is managed by Rohan Pillai. With assets under management (AUM) worth ₹74,903.38 (Cr), as of July 26, 2026, HDFC Liquid Fund - Direct (IDCW-M) is categorized as a Liquid Fund within its segment. The fund has generated a return of 6.73% since its launch.
The current NAV of HDFC Liquid Fund - Direct (IDCW-M) is ₹1,030.95, as on July 26, 2026. The fund's benchmark index is CRISIL Liquid Debt A-I Index. You can invest in HDFC Liquid Fund - Direct (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 6.95% and 6.22% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 101.27% in Debt and -1.27% in cash and cash equivalents.

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