DebtLiquid FundRegularIDCWLow

Bajaj Finserv Liquid Fund

Q: What is the NAV of Bajaj Finserv Liquid Fund?

As of 05 Oct 2026, the NAV of Bajaj Finserv Liquid Fund is ₹1,033.82 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bajaj Finserv Liquid Fund delivered?

Bajaj Finserv Liquid Fund has returned -0.12% over 1 year, +0.56% per year over 3 years and +1.02% 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 Bajaj Finserv Liquid Fund?

Bajaj Finserv Liquid Fund charges an expense ratio of 0.28% 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 Bajaj Finserv Liquid Fund?

Bajaj Finserv Liquid Fund's largest holdings are 91 Days Tbill (MD 29/10/2026) (5.8%), Small Industries Dev Bank of India (03/09/2026) (4.9%), 91 Days Tbill (MD 27/11/2026) (3.5%), Indian Bank (30/10/2026) (2.6%) and Export Import Bank of India (07/09/2026) (2.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Bajaj Finserv Liquid Fund?

Bajaj Finserv 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 -0.2%. 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 -7.62 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bajaj Finserv Liquid Fund's -7.62 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Bajaj Finserv Liquid Fund?

Bajaj Finserv 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 Bajaj Finserv Liquid Fund?

Bajaj Finserv Liquid Fund is managed by Nimesh Chandan, Siddharth Chaudhary and Chirag Shah at Bajaj Finserv.

Q: How is Bajaj Finserv Liquid Fund taxed?

Bajaj Finserv 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.

Bajaj Finserv Mutual Fund · Best Liquid Mutual Funds

NAV

₹1,033.82

-0.12% 1D

as of 05 Oct 2026

This is the Regular plan of Bajaj Finserv Liquid Fund — bought through a distributor, whose commission is paid out of 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 (+6.77% 3Y CAGR)

NAV history

-0.12%absolute

52-week rangePrev NAV ₹1,035.02

Latest ₹1,033.82

Low ₹1,033.820th percentile of its 52-week rangeHigh ₹1,035.97

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—

0.3% expense (no category average yet)

ConsistencyHigh

100% 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

Consistent — positive in 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.28%

Category —

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

—

Category —

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

-7.62

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

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

None

Units redeemed/switched-out within “X” days from the date of allotment Exit load as a % of redemption proceeds Day 1 (refer note 1 below) 0.0070% Day 2 0.0065% Day 3 0.0060% Day 4 0.0055% Day 5 0.0050% Day 6 0.0045% Day 7 onwards 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

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹100

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.

05 Jul 2023

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

Definitions

Absolute return over the last 1 month (not annualized)

-0.11%

Absolute return over the last 3 months (not annualized)

-0.18%

Absolute return over the last 6 months (not annualized)

-0.21%

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

-0.05%

Annualized returns (≥1Y — CAGR)

Definitions

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

-0.12%

3-year annualized return (CAGR)

+0.56%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

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.

+1.02%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.78%

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

-7.62

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

-6.92

Largest peak-to-trough decline over full history

-0.22%

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	-0.11%	—	—
3M abs	-0.18%	—	—
6M abs	-0.21%	—	—
1Y CAGR	-0.12%	—	—
3Y CAGR	+0.56%	—	—
5Y CAGR	—	—	—

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

₹3.60L

Current value

₹3.60L

Absolute

-0.01%

XIRR

-0.01%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into Bajaj Finserv 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	-0.05%
2025	0.00%
2024	+0.07%
2023part	+3.34%

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.

History points

982

Expense ratio

0.28%

AUM

₹7,424Cr

YTM (from holdings)

6.01%

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


Bajaj Finserv Liquid FundThis fund Bajaj Finserv · Regular · Weekly IDCW	—	-0.12%	+0.56%	—	—	0.28%	₹7,424Cr
Franklin India Liquid Fund - Regular Plan - Unclaimed Franklin Templeton · Regular · IDCW	—	+6.52%	+6.97%	+6.39%	—	0.20%	₹5,992Cr
UTI - Liquid Fund UTI · Regular · Half-Yearly IDCW	—	+6.48%	+6.88%	+6.32%	—	0.25%	₹30,162Cr
Edelweiss Liquid Fund Edelweiss · Regular · IDCW	—	+6.46%	+6.86%	+5.90%	—	0.17%	₹13,846Cr
UTI - Liquid Fund UTI · Regular · Annual IDCW	—	+6.42%	+6.85%	+6.31%	—	0.25%	₹30,162Cr
UTI - Liquid Fund UTI · Regular · Flexi IDCW	—	+6.42%	+6.85%	+6.31%	—	—	₹1.80Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt94.37%
Cash & Equivalents5.45%
Other0.18%

Cash & cash-like: 15.99% — the 5.45% 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

Small Industries Dev Bank of India (03/09/2026)

4.89%

Indian Bank (30/10/2026)

2.59%

Export Import Bank of India (07/09/2026)

2.33%

HDFC Bank Limited (06/11/2026)

2.01%

Punjab National Bank (15/09/2026)

1.74%

Punjab National Bank (01/10/2026)

1.74%

HDFC Bank Limited (07/09/2026)

1.45%

Canara Bank (14/09/2026)

1.45%

National Bank For Agriculture and Rural Development (10/09/2026)

1.45%

HDFC Bank Limited (13/11/2026)

1.44%

Fund size over time

Quarterly average AUM · AMFI

₹7,424Cr

July - September 2026

+50%

since January - March 2026

+₹1,462Cr

est. net flow, last quarter

At or near its largest, ₹7,424Cr 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

Bajaj Finserv Mutual Fund is run by Bajaj Finserv Asset Management, part of the Bajaj Finserv financial services group, and began launching schemes in 2023. Its line-up spans equity, hybrid and debt.

Launched

17 Oct 2021

Total AUM

₹37,842Cr+14.6% QoQ

Avg AUM · July - September 2026

Website

bajajamc.com

Fund Managers

NCNimesh ChandanStart date not disclosed

Role

Chief Investment Officer

Experience

Mr. Nimesh has over 24 years of experience in the Indian Capital Markets. He has spent 18 years in Fund Management- managing and advising domestic and international investors, retail as well as institutional. Prior to joining Bajaj Finserv Asset Management Ltd, he has worked with Canara Robeco Asset Management as Head Investments, Equities (Domestic and Offshore). He has also worked with other asset management companies including Birla Sunlife Asset Management, SBI Asset Management and ICICI Prudential Asset Management. #Jointly with Mr. Sorbh Gupta

Funds managed (14)

All schemes Nimesh Chandan runs →

SCSiddharth ChaudharyStart date not disclosed

Role

Senior Fund Manager – Fixed Income

Experience

Mr. Chaudhary joined the Company in July 2022 as Senior Fund Manager Fixed Income. Prior to this he was associated with Sundaram Asset Management Co. Ltd from April 2019 - July 2022 as Head Fixed Income Institutional Business, from April 2017 – March 2019 as Senior Fund Manager – Fixed Income, from August 2010

Funds managed (19)

All schemes Siddharth Chaudhary runs →

CSChirag ShahManaging since 19 May 2026

Role

Associate Fund Manager and Dealer – Fixed Incom e

Experience

including assignments held during the last 10 years Mr. Shah joined Bajaj Asset Management Limited (Formerly known as Bajaj Finserv Asset Management Limited) in April 2023. Mr. Shah has over 14 years of work experience across various companies in Debt Dealing profile. Prior to BFAML, Mr. Shah was earlier associated with Edelweiss Securities Ltd (Nuvama) and NVS Brokerage.

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

Nimesh Chandan Siddharth Chaudhary

Bajaj Finserv 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 Bajaj Finserv Liquid Fund?

As of 05 Oct 2026, the NAV of Bajaj Finserv Liquid Fund is ₹1,033.82 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bajaj Finserv Liquid Fund delivered?

Bajaj Finserv Liquid Fund has returned -0.12% over 1 year, +0.56% per year over 3 years and +1.02% 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 Bajaj Finserv Liquid Fund?

Bajaj Finserv Liquid Fund charges an expense ratio of 0.28% 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 Bajaj Finserv Liquid Fund?

Bajaj Finserv Liquid Fund's largest holdings are 91 Days Tbill (MD 29/10/2026) (5.8%), Small Industries Dev Bank of India (03/09/2026) (4.9%), 91 Days Tbill (MD 27/11/2026) (3.5%), Indian Bank (30/10/2026) (2.6%) and Export Import Bank of India (07/09/2026) (2.3%). Holdings are disclosed monthly and change over time.

How risky is Bajaj Finserv Liquid Fund?

Bajaj Finserv 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 -0.2%. 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 -7.62 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bajaj Finserv Liquid Fund's -7.62 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Bajaj Finserv Liquid Fund?

Bajaj Finserv 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 Bajaj Finserv Liquid Fund?

Bajaj Finserv Liquid Fund is managed by Nimesh Chandan, Siddharth Chaudhary and Chirag Shah at Bajaj Finserv.

How is Bajaj Finserv Liquid Fund taxed?

Bajaj Finserv 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.