DebtLiquid FundDirectIDCWLow

Aditya Birla Sun Life Liquid Fund

Q: What is the NAV of Aditya Birla Sun Life Liquid Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life Liquid Fund is ₹100.23 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Aditya Birla Sun Life Liquid Fund delivered?

Aditya Birla Sun Life Liquid Fund has returned -0.03% over 1 year, -0.04% per year over 3 years, -0.01% per year over 5 years and -0.01% 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 Aditya Birla Sun Life Liquid Fund?

Aditya Birla Sun Life Liquid Fund charges an expense ratio of 0.21% 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 Aditya Birla Sun Life Liquid Fund?

Aditya Birla Sun Life Liquid Fund's largest holdings are 91 DAY T-BILL 05.11.26 (3.3%), Union Bank of India (01/10/2026) (2.8%), HDFC Bank Ltd. (11/09/2026) (2.2%), 182 DAY T-BILL 10.09.26 (1.8%) and City Union Bank Ltd. (10/09/2026) (1.7%). Holdings are disclosed monthly and change over time.

Q: How risky is Aditya Birla Sun Life Liquid Fund?

Aditya Birla Sun Life Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.8% and its worst peak-to-trough fall in our sample was -0.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -8.03 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Liquid Fund's -8.03 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Aditya Birla Sun Life Liquid Fund?

Aditya Birla Sun Life Liquid Fund is benchmarked against the NIFTY Liquid Index A-I. Its alpha and beta on this page are measured against that index.

Q: Who manages Aditya Birla Sun Life Liquid Fund?

Aditya Birla Sun Life Liquid Fund is managed by Kaustubh Gupta, Sunaina Da Cunha and Sanjay Pawar at Aditya Birla Sun Life.

Q: How is Aditya Birla Sun Life Liquid Fund taxed?

Aditya Birla Sun Life 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.

Aditya Birla Sun Life Mutual Fund · Best Liquid Mutual Funds

NAV

₹100.23

-0.17% 1D

as of 05 Oct 2026

This is the Direct plan of Aditya Birla Sun Life Liquid Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed weekly, 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.

View the Growth plan for compounded returns (+7.00% 3Y CAGR)

NAV history

-0.03%absolute

52-week rangePrev NAV ₹100.40

Latest ₹100.23

Low ₹100.230th percentile of its 52-week rangeHigh ₹100.56

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 0.8% (no category average yet)

Cost—

0.2% expense (no category average yet)

ConsistencyLow

46% 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 46% of rolling 3-year windows

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.21%

Category —

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

—

Category —

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

-8.03

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

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

None

Investor Exit upon subscription Exit load as % of redemption proceeds Day 1 - 0.0070% Day 2 - 0.0065% Day 3 - 0.0060% Day 4 - 0.0055% Day 5 - 0.0050% Day 6 - 0.0045% 7 onwards - 0.0000%

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

₹100

Smallest one-time (lumpsum) investment the scheme accepts

—

NIFTY Liquid Index A-I

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.

01 Jan 2013

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

Definitions

Absolute return over the last 1 month (not annualized)

-0.02%

Absolute return over the last 3 months (not annualized)

-0.03%

Absolute return over the last 6 months (not annualized)

-0.33%

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

-0.10%

Annualized returns (≥1Y — CAGR)

Definitions

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

-0.03%

3-year annualized return (CAGR)

-0.04%

5-year annualized return (CAGR)

-0.01%

10-year annualized return (CAGR)

-0.01%

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.

-0.01%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.81%

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

-8.03

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

-7.22

Largest peak-to-trough decline over full history

-0.44%

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	-0.02%	—	—
3M abs	-0.03%	—	—
6M abs	-0.33%	—	—
1Y CAGR	-0.03%	—	—
3Y CAGR	-0.04%	—	—
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.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.00L

Absolute

-0.05%

XIRR

-0.02%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Aditya Birla Sun Life 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	-0.01%
2024	+0.07%
2023	+0.04%
2022	0.00%
2021	-0.03%
2020	-0.02%
2019	-0.01%
2018	+0.02%
2017	+0.04%

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

4,383

Expense ratio

0.21%

AUM

₹60,608Cr

YTM (from holdings)

6.27%

Average maturity

33 days

Exit load

Investor Exit upon subscription Exit load as % of redemption proceeds Day 1 - 0.0070% Day 2 - 0.0065% Day 3 - 0.0060% Day 4 - 0.0055% Day 5 - 0.0050% Day 6 - 0.0045% 7 onwards - 0.0000%

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


Aditya Birla Sun Life Liquid FundThis fund Aditya Birla Sun Life · Direct · Weekly IDCW	—	-0.03%	-0.04%	-0.01%	—	0.21%	₹60,608Cr
Canara Robeco Liquid Fund - Direct Plan - Unclaimed Redemption and Canara Robeco · Direct · IDCW	—	+6.50%	+7.00%	+6.44%	—	—	—
UTI - Liquid Fund UTI · Direct · Quarterly IDCW	—	+6.53%	+6.95%	+6.40%	—	0.15%	₹31,753Cr
UTI - Liquid Fund UTI · Direct · Annual IDCW	—	+6.53%	+6.95%	+6.40%	—	0.15%	₹31,753Cr
UTI - Liquid Fund UTI · Direct · Flexi IDCW	—	+6.53%	+6.95%	+6.40%	—	—	₹1.22Cr
UTI - Liquid Fund UTI · Direct · Half-Yearly IDCW	—	+6.53%	+6.95%	+6.40%	—	0.15%	₹31,753Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt98.98%
Cash & Equivalents0.77%
Other0.25%

Cash & cash-like: 14.61% — the 0.77% 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

Union Bank of India (01/10/2026)

2.78%

HDFC Bank Ltd. (11/09/2026)

2.22%

City Union Bank Ltd. (10/09/2026)

1.72%

HDFC Bank Ltd. (06/11/2026)

1.63%

National Bank for Agriculture and Rural Development (11/09/2026)

1.43%

Export-Import Bank of India (04/11/2026)

1.37%

National Bank for Agriculture and Rural Development (01/10/2026)

1.32%

Axis Bank Ltd. (26/11/2026)

1.27%

Government of India (06/09/2026)

1.22%

Jamnagar Utilities & Power Pvt. Ltd. (29/09/2026)

1.07%

Fund size over time

Quarterly average AUM · AMFI

₹60,608Cr

April - June 2026

+6%

since January - March 2026

+₹3,442Cr

est. net flow, last quarter

At or near its largest, ₹60,608Cr 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.

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

Aditya Birla Sun Life Mutual Fund is run by Aditya Birla Sun Life AMC, a joint venture between the Aditya Birla Group and Sun Life Financial of Canada. In business since 1994 and listed on the exchanges since 2021, it is among India's larger houses across equity, debt and hybrid.

Launched

22 Dec 1994

Total AUM

₹4,41,787Cr+3.3% QoQ

Avg AUM · July - September 2026

Website

mutualfund.adityabirlacapital.com

Fund Managers

KGKaustubh GuptaManaging since 15 Jul 2011

Education

Experience

He has over 21 years of experience. Prior to July 15, joining ABSLAMC, he has worked with ICICI Bank Limited in asset liability management team. Fund Manager(s) Mr. Harshil Suvarnkar - Mr. Harshil Suvarnkar Ms. Sunaina da Cunha and Mr. Sanjay Pawar Mr. Mohit Sharma and Mr. Anuj Jain - Ms. Sunaina da Cunha and Ms. Monika Gandhi Mr. Mohit Sharma Mr. Harshil Suvarnkar and Mr. Vighnesh Gupta

Funds managed (10)

All schemes Kaustubh Gupta runs →

SCSunaina Da CunhaManaging since 15 Jul 2011

Education

MBA, CFA

Experience

research. Prior to 2017 Corporation Ltd as Fund Management Responsibility jointly with

Funds managed (2)

All schemes Sunaina Da Cunha runs →

SPSanjay PawarManaging since 01 Jul 2022

Education

M.Com

Experience

Mr. Sanjay is associated with Aditya July 01, 2022 Birla Sun Life AMC Limited (“ABSLAMC”) since 2005. He has an experience of over 25 years in dealing activities in the debt segment. He has also worked for around 5 years in back office/settlement function of ABSLAMC.

Funds managed (1)

Aditya Birla Sun Life Crisil-IBX Financial Services 3 to 6 months Debt Index Fund

All schemes Sanjay Pawar runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and 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

Fund managers

Kaustubh Gupta Sunaina Da Cunha Sanjay Pawar

Aditya Birla Sun Life 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.

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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 Aditya Birla Sun Life Liquid Fund?

As of 05 Oct 2026, the NAV of Aditya Birla Sun Life Liquid Fund is ₹100.23 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Aditya Birla Sun Life Liquid Fund delivered?

Aditya Birla Sun Life Liquid Fund has returned -0.03% over 1 year, -0.04% per year over 3 years, -0.01% per year over 5 years and -0.01% 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 Aditya Birla Sun Life Liquid Fund?

Aditya Birla Sun Life Liquid Fund charges an expense ratio of 0.21% 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 Aditya Birla Sun Life Liquid Fund?

Aditya Birla Sun Life Liquid Fund's largest holdings are 91 DAY T-BILL 05.11.26 (3.3%), Union Bank of India (01/10/2026) (2.8%), HDFC Bank Ltd. (11/09/2026) (2.2%), 182 DAY T-BILL 10.09.26 (1.8%) and City Union Bank Ltd. (10/09/2026) (1.7%). Holdings are disclosed monthly and change over time.

How risky is Aditya Birla Sun Life Liquid Fund?

Aditya Birla Sun Life Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.8% and its worst peak-to-trough fall in our sample was -0.4%. 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 -8.03 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Liquid Fund's -8.03 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Aditya Birla Sun Life Liquid Fund?

Aditya Birla Sun Life Liquid Fund is benchmarked against the NIFTY Liquid Index A-I. Its alpha and beta on this page are measured against that index.

Who manages Aditya Birla Sun Life Liquid Fund?

Aditya Birla Sun Life Liquid Fund is managed by Kaustubh Gupta, Sunaina Da Cunha and Sanjay Pawar at Aditya Birla Sun Life.

How is Aditya Birla Sun Life Liquid Fund taxed?

Aditya Birla Sun Life 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.