This is the Direct plan of Navi Liquid Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed monthly and paid out, which is why this NAV sits below the growth plan of the same fund.
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.
View the Growth plan for compounded returns (+6.39% 3Y CAGR)NAV history
Scorecard
Not ratedHow 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.
Not enough Liquid Fund peers to rank yet
Volatility 1.6% (no category average yet)
0.3% expense (no category average yet)
47% 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 47% of rolling 3-year windows
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Liquid Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.04% | — | — |
| 3M abs | 0.00% | — | — |
| 6M abs | -0.06% | — | — |
| 1Y CAGR | +0.02% | — | — |
| 3Y CAGR | +0.02% | — | — |
| 5Y CAGR | +0.01% | — | — |
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.
60 monthly installments of ₹10,000 into Navi 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 | +0.10% | |
| 2025 | 0.00% | |
| 2024 | +0.06% | |
| 2023 | -0.55% | |
| 2022 | +0.22% | |
| 2021 | +0.32% | |
| 2020 | +0.01% | |
| 2019 | -0.02% | |
| 2018 | +0.03% | |
| 2017 | -0.64% |
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.
Taxation
Taxed as debtThis 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.
Your income-tax slab — no LTCG or indexation benefit
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Debt76.08%
- Cash & Equivalents23.92%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹76.54Cr in July - September 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.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Navi Mutual Fund is run by Navi AMC, part of the Navi group founded by Sachin Bansal, which acquired Essel Mutual Fund in 2021 and rebranded it. Its line-up centres on low-cost index funds.
Fund Managers
TSTanmay SethiStart date not disclosed
Fund Manager
Chartered Accountant, B.com Pune University.
Mr. Sethi has over 7 years of experience in 2024 the Mutual Fund industry. He had also previously served in the capacity of CRO of Navi Mutual Fund and was earlier associated with HDFC Mutual Fund in the fixed income treasury operations.
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. 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
Navi 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.
Navi Nifty REITs & Realty Index Fund - Regular Plan Portfolio
The Economic Times · 5d ago
Navi Nifty REITs & Realty Index Fund - Direct Plan Returns
The Economic Times · 5d ago
Navi Nifty REITs & Realty Index Fund - Direct Plan Fund info
The Economic Times · 15d ago
Navi Nifty REITs & Realty Index Fund - Regular Plan Fund info
The Economic Times · 15d ago
Navi Nifty REITs & Realty Index Fund - Direct Plan Portfolio
The Economic Times · 20d ago
Navi Nifty REITs & Realty Index Fund - Regular Plan Fund info
The Economic Times · 06 Sep 2026
Navi MF introduces Nifty Reits & Realty Index fund
Investment Guru India · 02 Sep 2026
Navi Nifty REITs & Realty Index Fund - Mutual fund NFOs: 3 new funds will open for subscription this week
The Economic Times · 30 Aug 2026
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 Navi Liquid Fund?
As of 06 Oct 2026, the NAV of Navi Liquid Fund is ₹10.03 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Navi Liquid Fund delivered?
Navi Liquid Fund has returned +0.02% over 1 year, +0.02% per year over 3 years, +0.01% 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 Navi Liquid Fund?
Navi Liquid Fund charges an expense ratio of 0.26% 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 Navi Liquid Fund?
Navi Liquid Fund's largest holdings are 91 DAYS TREASURY BILL 12-NOV-2026 (13.4%), 6.17% LIC HOUSING FINANCE LIMITED (03/09/2026) (6.8%), 7.44% SIDBI (04/09/2026) (6.8%), CANARA BANK (15/09/2026) (6.8%) and HDFC BANK LIMITED (11/09/2026) (6.8%). Holdings are disclosed monthly and change over time.
How risky is Navi Liquid Fund?
Navi Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.6% and its worst peak-to-trough fall in our sample was -1.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of -4.16 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Navi Liquid Fund's -4.16 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of Navi Liquid Fund?
Navi 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 Navi Liquid Fund?
Navi Liquid Fund is managed by Tanmay Sethi at Navi.
How is Navi Liquid Fund taxed?
Navi 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.