DebtLiquid FundRegularIDCWLow

Tata Liquid Fund

Q: What is the NAV of Tata Liquid Fund?

As of 05 Oct 2026, the NAV of Tata Liquid Fund is ₹1,001.52 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Tata Liquid Fund delivered?

Tata Liquid Fund has returned 0.00% over 1 year, 0.00% per year over 3 years, 0.00% per year over 5 years and 0.00% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Tata Liquid Fund?

Tata Liquid Fund charges an expense ratio of 0.33% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Tata Liquid Fund?

Tata Liquid Fund's largest holdings are ** TREASURY BILL 91 DAYS (19/11/2026) (3.1%), ** - NABARD - CP - 15/09/2026 (3.0%), ** - HDFC BANK LTD - CD - 02/11/2026 (3.0%), ** - CENTRAL BANK OF INDIA - CD - 06/11/2026 (3.0%) and ** - LIC HOUSING FINANCE LTD - CP - 17/09/2026 (2.9%). Holdings are disclosed monthly and change over time.

Q: How risky is Tata Liquid Fund?

Tata Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.0% and its worst peak-to-trough fall in our sample was -0.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Tata Liquid Fund?

Tata Liquid Fund is benchmarked against the CRISIL Liquid Debt A-I Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Tata Liquid Fund?

Tata Liquid Fund is managed by Amit Somani and Dhawal Joshi at Tata.

Q: How is Tata Liquid Fund taxed?

Tata Liquid Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Tata Mutual Fund · Best Liquid Mutual Funds

NAV

₹1,001.52

0.00% 1D

as of 05 Oct 2026

This is the Regular plan of Tata Liquid Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed daily and reinvested in more units, which is why this NAV sits below the growth plan of the same fund.

Compare SIP calculator

This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

NAV history

0.00%absolute

52-week rangePrev NAV ₹1,001.52

Latest ₹1,001.52

Low ₹1,001.4441st percentile of its 52-week rangeHigh ₹1,001.63

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Debt funds (same plan and option) to rank against yet.

Performance—

Not enough Liquid Fund peers to rank yet

Risk—

Volatility 0.0% (no category average yet)

Cost—

0.3% expense (no category average yet)

ConsistencyLow

14% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

Positive in only 14% of rolling 3-year windows

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.33%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

1 day - 0.0070% of redemption proceeds 2 days - 0.0065% of redemption proceeds 3 days - 0.0060% of redemption proceeds 4 days - 0.0055 of redemption proceeds 5 days - 0.0050 of redemption proceeds 6 days - 0.0045 of redemption proceeds 7 days or more -Nil

Up to 0.01%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

CRISIL Liquid Debt A-I Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Apr 2006

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

0.00%

Absolute return over the last 3 months (not annualized)

0.00%

Absolute return over the last 6 months (not annualized)

0.00%

Absolute return since 1 Jan of this year (not annualized)

0.00%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

0.00%

3-year annualized return (CAGR)

0.00%

5-year annualized return (CAGR)

0.00%

10-year annualized return (CAGR)

0.00%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

0.00%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.01%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-0.26%

Benchmark ratios

Not shown for Liquid Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Liquid Fund)

Period	Fund	Category avg.	Diff
1M abs	0.00%	—	—
3M abs	0.00%	—	—
6M abs	0.00%	—	—
1Y CAGR	0.00%	—	—
3Y CAGR	0.00%	—	—
5Y CAGR	0.00%	—	—

Category average across peers in Liquid Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.00L

Absolute

0.00%

XIRR

0.00%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Tata Liquid Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	0.00%
2025	0.00%
2024	0.00%
2023	0.00%
2022	0.00%
2021	0.00%
2020	0.00%
2019	0.00%
2018	0.00%
2017	0.00%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

6,408

Expense ratio

0.33%

AUM

₹259.91Cr

YTM

6.19%

Macaulay duration

38 days

Average maturity

38 days

Exit load

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Liquid Fund

Compare all


Tata Liquid FundThis fund Tata · Regular · Daily IDCW	—	0.00%	0.00%	0.00%	—	—	₹259.91Cr
Franklin India Liquid Fund - Regular Plan - Unclaimed Franklin Templeton · Regular · IDCW	—	+6.52%	+6.97%	+6.39%	—	0.20%	₹4,069Cr
UTI - Liquid Fund UTI · Regular · Half-Yearly IDCW	—	+6.48%	+6.88%	+6.32%	—	0.25%	₹31,753Cr
Edelweiss Liquid Fund Edelweiss · Regular · IDCW	—	+6.46%	+6.86%	+5.90%	—	0.17%	₹13,834Cr
UTI - Liquid Fund UTI · Regular · Annual IDCW	—	+6.42%	+6.85%	+6.31%	—	0.25%	₹31,753Cr
UTI - Liquid Fund UTI · Regular · Flexi IDCW	—	+6.42%	+6.85%	+6.31%	—	—	₹1.22Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt95.00%
Cash & Equivalents5.00%

Cash & cash-like: 75.20% — the 5.00% above plus treasury bills, certificates of deposit, commercial paper and TREPS, which the allocation files under Debt but the market counts as cash-equivalent.

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

** TREASURY BILL 91 DAYS (19/11/2026)

3.09%

** TREASURY BILL 91 DAYS (01/10/2026)

2.77%

** TREASURY BILL 91 DAYS (29/10/2026)

2.76%

** TREASURY BILL 91 DAYS (12/11/2026)

1.83%

** TREASURY BILL 91 DAYS (24/09/2026)

1.77%

** TREASURY BILL 91 DAYS (17/09/2026)

1.60%

** TREASURY BILL 91 DAYS (22/10/2026)

0.77%

** TREASURY BILL 182 DAYS (18/09/2026)

0.62%

** TREASURY BILL 182 DAYS (15/10/2026)

0.61%

** TREASURY BILL 91 DAYS (27/11/2026)

0.56%

Fund size over time

Quarterly average AUM · AMFI

₹259.91Cr

April - June 2026

+3199%

since January - March 2026

At or near its largest, ₹259.91Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

AMC Profile

Tata Mutual Fund is run by Tata Asset Management, part of the Tata Group, and has been in business since 1995. It runs a broad line-up across equity, debt and hybrid, including several long-running thematic schemes.

Launched

29 Jun 1995

Total AUM

₹2,36,199Cr+3.4% QoQ

Avg AUM · July - September 2026

Website

tatamutualfund.com

Fund Managers

ASAmit SomaniManaging since 16 Oct 2013

Role

Senior Fund Manager

Education

B. Com, PGDBM, CFA

Experience

Sep 2012 – till date with Tata Asset Management Ltd. as a Fund Manager reporting to Head-Fixed Income. Jun 2010 – Aug 2012 with Tata Asset Management Ltd. as a Credit Analyst reporting to Head of Fixed Income. September 2006 – April 2010 with Fidelity Investments as Research Associate. July 2004 to August 2006 with Netscribes Pvt. Ltd as Research analyst. Jun 2003 to July 2004 with SPA Capital as debt market dealer. February 2001 to May 2003 with Khandwala Securities as debt market dealer.

Funds managed (6)

All schemes Amit Somani runs →

DJDhawal JoshiManaging since 01 Jun 2026

Role

Dealer

Education

Bachelor of Engineering (IT), MMS (Finance)

Funds managed (1)

Tata Ultra Short Term Fund

All schemes Dhawal Joshi runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Amit Somani

Tata in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Liquid funds

Liquid funds invest in very short-term debt (maturing within 91 days). They're used to park money for days or weeks — low risk and easy to redeem, but low return too.

Frequently asked questions

What is the NAV of Tata Liquid Fund?

As of 05 Oct 2026, the NAV of Tata Liquid Fund is ₹1,001.52 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Tata Liquid Fund delivered?

Tata Liquid Fund has returned 0.00% over 1 year, 0.00% per year over 3 years, 0.00% per year over 5 years and 0.00% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Tata Liquid Fund?

Tata Liquid Fund charges an expense ratio of 0.33% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Tata Liquid Fund?

Tata Liquid Fund's largest holdings are ** TREASURY BILL 91 DAYS (19/11/2026) (3.1%), ** - NABARD - CP - 15/09/2026 (3.0%), ** - HDFC BANK LTD - CD - 02/11/2026 (3.0%), ** - CENTRAL BANK OF INDIA - CD - 06/11/2026 (3.0%) and ** - LIC HOUSING FINANCE LTD - CP - 17/09/2026 (2.9%). Holdings are disclosed monthly and change over time.

How risky is Tata Liquid Fund?

Tata Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.0% and its worst peak-to-trough fall in our sample was -0.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Tata Liquid Fund?

Tata Liquid Fund is benchmarked against the CRISIL Liquid Debt A-I Index. Its alpha and beta on this page are measured against that index.

Who manages Tata Liquid Fund?

Tata Liquid Fund is managed by Amit Somani and Dhawal Joshi at Tata.

How is Tata Liquid Fund taxed?

Tata Liquid Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.