Motilal Oswal Liquid Fund
This is the Direct plan of Motilal Oswal Liquid Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed monthly and reinvested in more units, 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 (+6.55% 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 1.7% (no category average yet)
0.2% expense (no category average yet)
72% of rolling 3Y windows were positive
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 | +0.02% | — | — |
| 3M abs | +0.04% | — | — |
| 6M abs | -0.09% | — | — |
| 1Y CAGR | +0.02% | — | — |
| 3Y CAGR | +0.02% | — | — |
| 5Y CAGR | +0.02% | — | — |
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 Motilal Oswal 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 | +0.09% | |
| 2025 | -0.01% | |
| 2024 | +0.06% | |
| 2023 | -0.54% | |
| 2022 | +0.58% | |
| 2021 | -0.03% | |
| 2020 | -0.02% | |
| 2019part | +0.34% |
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- Debt63.80%
- Cash & Equivalents36.20%
Fund size over time
Quarterly average AUM · AMFIDown +10% from its peak of ₹1,102Cr in January - March 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
Motilal Oswal Mutual Fund is the asset management arm of the broker Motilal Oswal Financial Services and launched its first scheme in 2010. It is known for a concentrated 'buy right, sit tight' equity philosophy and for a large passive and international range.
Fund Managers
AMAbhiroop MukherjeeManaging since 20 Dec 2018
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.
Motilal Oswal 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.
Moneycontrol Hosts Mutual Fund Summit In Delhi
Passionate In Marketing · 1d ago
Mutual funds now offer nearly 2,000 schemes; passive funds account for one-third of the shelf
cafemutual.com · 3d ago
Motilal Oswal AMC announces change in OPAT status
Investment Guru India · 5d ago
Looking for low cost and high return funds in 6 months? HDFC Defence Fund among top 8
The Economic Times · 7d ago
Volume Gainers, September 28, 2026 at 12:00 PM IST: R Systems Leads Volume Jump
HDFC Sky · 8d ago
Nifty REITs & Realty TRI - Benchmark Returns & Mutual Funds
Multibagg AI · 9d ago
NFO Insight: Motilal Oswal Nifty REITs & Realty Index Fund opens for subscription. Is now the right time t
The Economic Times · 11d ago
NFO Insight: Motilal Oswal Nifty REITs & Realty Index…
inkl · 11d ago
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 Motilal Oswal Liquid Fund?
As of 05 Oct 2026, the NAV of Motilal Oswal Liquid Fund is ₹10.05 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Motilal Oswal Liquid Fund delivered?
Motilal Oswal Liquid Fund has returned +0.02% over 1 year, +0.02% per year over 3 years, +0.02% per year over 5 years and +0.06% 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 Motilal Oswal Liquid Fund?
Motilal Oswal Liquid Fund charges an expense ratio of 0.20% 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 Motilal Oswal Liquid Fund?
Motilal Oswal Liquid Fund's largest holdings are Punjab National Bank 2026 (4.9%), Small Industries Dev Bank of India 2026 (4.9%), Bajaj Finance Limited 2026 (4.9%), Poonawalla Fincorp Limited 2026 (4.9%) and Bank of Baroda 2026 (4.9%). Holdings are disclosed monthly and change over time.
How risky is Motilal Oswal Liquid Fund?
Motilal Oswal Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.7% and its worst peak-to-trough fall in our sample was -0.8%. 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 -3.73 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Motilal Oswal Liquid Fund's -3.73 means it has not compensated investors for its volatility over the window. Higher is better.
Who manages Motilal Oswal Liquid Fund?
Motilal Oswal Liquid Fund is managed by Abhiroop Mukherjee at Motilal Oswal.
How is Motilal Oswal Liquid Fund taxed?
Motilal Oswal 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.