Capitalmind Liquid Fund
This is the Regular plan of Capitalmind Liquid Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
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 — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Liquid Fund peers to rank yet
Volatility 0.2% vs 0.2% category avg
0.3% expense vs 0.3% category avg
Not enough history for a rolling 3Y view
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
- More volatile than its Liquid Fund peers (0.2% vs 0.2%)
- High expense ratio (0.31%) vs the Liquid Fund average of 0.26%
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 | +0.44% | +0.45% | -0.01% |
| 3M abs | +1.50% | +1.49% | +0.01% |
| 6M abs | +3.17% | +3.19% | -0.02% |
| 1Y CAGR | — | +6.27% | — |
| 3Y CAGR | — | +6.74% | — |
| 5Y CAGR | — | +6.18% | — |
Category average across peers in Liquid Fund (up to 45 funds with data), 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.
10 monthly installments of ₹10,000 into Capitalmind 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 | +4.81% | |
| 2025part | +0.48% |
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- Debt83.03%
- Cash & Equivalents16.97%
Fund size over time
Quarterly average AUM · AMFIDown +17% from its peak of ₹112.96Cr 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
Capitalmind Mutual Fund is run by Capitalmind Asset Management, which grew out of the Capitalmind research and portfolio-management business founded by Deepak Shenoy. It is a small house with a quantitative, rules-based bent.
Fund Managers
PJPrateek JainStart date not disclosed
CFA - (CFA Institute USA), M Com - (Mumbai University), BMS - (Mumbai University)
Dealer at Invesco Asset Management, responsible for liquid and overnight funds, portfolio duration and asset allocation, yield-curve trading, daily cash-flow management, and regulatory risk monitoring. He earlier worked as Fixed-Income Dealer at PNB Asset Management Company, assisting in debt-fund management, executing trades in government securities, corporate bonds and money-market instruments, and preparing daily portfolio and compliance reports. Previous roles include Fixed-Income Origination at Taurus Corporate Advisory Services., handling private placements of debt instruments and institutional relationships, and Risk Officer in Prime Brokerage Services at Edelweiss Capital
AVAnoop VijaykumarStart date not disclosed
Over B.E (Mumbai University), MBA (Indian School of Business)
Over 20 years of professional Capitalmind experience. Anoop has been of associated with Capitalmind since 2019. He has been the PMS Fund Manager and head of Investment Research at Capitalmind PMS for the last 6 years. Prior to joining Capitalmind, Anoop has worked in senior management positions in MNCs like Microsoft and Honeywell. As a management consultant with Kearney, he has advised large corporations across sectors corporate growth strategy, operations and margin improvement.
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
Capitalmind 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.
Capitalmind Flexi Cap Fund - Direct Plan Portfolio
The Economic Times · 4d ago
Capitalmind Flexi Cap Fund adds Divi’s Laboratories, Bajaj Auto and 3 other stocks in August
The Economic Times · 17d ago
Mutual Fund Summit: Indian equities shrug off global risks, but can mutual fund investors count on...
Moneycontrol.com · 19d ago
Respond, Don’t Predict - Why Capitalmind Mutual Fund Is Rethinking the Way Investors Navigate Markets
Moneycontrol.com · 01 Sep 2026
Capitalmind Flexi Cap Fund exits Vedanta and 10 others; adds 9 stocks
The Economic Times · 20 Aug 2026
Aggressive MF investing depends on risk appetite, not age, says Capitalmind's Deepak Shenoy
CNBC TV18 · 20 Aug 2026
'Building wealth isn't the goal': Deepak Shenoy’s investment advice for mutual fund SIPs goes viral
livemint.com · 18 Aug 2026
Capitalmind MF’s fund strategy: Four schemes now, mid- and small-cap funds next
Business Today · 14 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 Capitalmind Liquid Fund?
As of 04 Oct 2026, the NAV of Capitalmind Liquid Fund is ₹1,055.21 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Capitalmind Liquid Fund delivered?
Capitalmind Liquid Fund has returned +5.30% 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 Capitalmind Liquid Fund?
Capitalmind Liquid Fund charges an expense ratio of 0.31% 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 Capitalmind Liquid Fund?
Capitalmind Liquid Fund's largest holdings are 6.97% Government of India (06/09/2026) (10.2%), Small Industries Dev Bank of India (06/11/2026) (9.6%), 7.95% Sikka Ports and Terminals Limited (28/10/2026) (7.6%), Union Bank of India (27/10/2026) (7.1%) and 7.98% Bajaj Housing Finance Limited (09/09/2026) (5.1%). Holdings are disclosed monthly and change over time.
How risky is Capitalmind Liquid Fund?
Capitalmind Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.2% and its worst peak-to-trough fall in our sample was -0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Capitalmind Liquid Fund?
Capitalmind Liquid Fund is benchmarked against the Nifty Liquid Index A-I TRI. Its alpha and beta on this page are measured against that index.
Who manages Capitalmind Liquid Fund?
Capitalmind Liquid Fund is managed by Prateek Jain and Anoop Vijaykumar at Capitalmind.
How is Capitalmind Liquid Fund taxed?
Capitalmind 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.