This is the Direct plan of Abakkus 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 returnsNAV history
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 | -0.03% | — | — |
| 3M abs | -0.09% | — | — |
| 6M abs | -0.05% | — | — |
| 1Y CAGR | — | — | — |
| 3Y CAGR | — | — | — |
| 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.
9 monthly installments of ₹10,000 into Abakkus 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% | |
| 2025part | +0.23% |
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- Debt72.90%
- Cash & Equivalents27.10%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹290.66Cr 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.
AMC Profile
Abakkus Mutual Fund is the mutual fund arm of Abakkus Asset Manager, the boutique founded by Sunil Singhania, formerly head of equities at Reliance Mutual Fund. The firm built its record in portfolio management and alternative investment funds before entering the mutual fund business.
Fund Managers
ASAbhishek Krishnaswami SrinivasManaging since 12 Dec 2025
Fund Manager - Fixed Income and Dealer
Post Graduate Diploma in Management: Welingkar institute of Management Development & Research, Mumbai Bachelor of Commerce University of Mumbai
Mr. Abhishek has over 10 years of experience in managing Investments. Prior to joining Abakkus AMC, he has worked with Allianz Commercial, Aditya Birla Sun Life Insurance Co Ltd, Generali Central Life Insurance Company Limited managing investments and funds in the Fixed Income segment.
SDSanjay DoshiManaging since 23 Mar 2026
Head of Investments & Research
• CFA, CFA Institute, USA • MBA Finance, NMIMS, Mumbai, • CA, ICAI, • B. Com., R. A. Poddar College of Commerce & Economics, Mumbai
An experienced investment professional with around two decades research. Previously, held the role of Senior Fund Manager at Abakkus Asset Manager Private Limited (Apr–May 2025), focusing on macro analysis, mentoring, and research effectiveness. From Sept 2024 to Feb 2025, worked as Senior Fund Manager at TCG Asset Management, managing AIF schemes and driving team and product development. Spent over 13 years at Nippon Life India Asset Management (Feb 2011–Sept 2024), managing multiple flagship funds including the Power & Infra Fund and Retirement Fund, and contributing to research across sectors like engineering, autos, and utilities.
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
Abakkus 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.
'Nifty's mcap composition causes it to trail broader earnings growth'
Business Standard · 22h ago
4 new players to join SIF race
Cafemutual · 7d ago
Abakkus enters India's SIF market with Fokkus, ₹10 lakh minimum
Dealroom · 11d ago
Sunil Singhania-led Abakkus Asset Manager files DRHP for IPO
Fortune India · 12d ago
Sunil Singhania-led Abakkus Asset Manager Files DHRP for IPO
fintechbiznews.com · 13d ago
Abakkus Mutual Fund gets SEBI nod to enter SIF space with ‘Fokkus’
Cafemutual · 13d ago
Abakkus Mutual Fund gets SEBI approval to enter SIF space with ‘Fokkus’
CNBC TV18 · 13d ago
Sunil Singhania’s Abakkus secures SEBI nod to launch SIF platform 'Fokkus': What Mutual Fund investors should know
Upstox · 13d 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 Abakkus Liquid Fund?
As of 04 Oct 2026, the NAV of Abakkus Liquid Fund is ₹100.34 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Abakkus Liquid Fund delivered?
Abakkus Liquid Fund has returned +0.24% 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 Abakkus Liquid Fund?
Abakkus Liquid Fund charges an expense ratio of 0.22% 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 Abakkus Liquid Fund?
Abakkus Liquid Fund's largest holdings are Small Industries Dev Bank of India (03/09/2026) (4.5%), Bank of Baroda (10/09/2026) (4.5%), Canara Bank (15/09/2026) (4.5%), Punjab National Bank (15/09/2026) (4.5%) and Axis Bank Limited (15/10/2026) (4.4%). Holdings are disclosed monthly and change over time.
How risky is Abakkus Liquid Fund?
Abakkus Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.5% and its worst peak-to-trough fall in our sample was -0.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Abakkus Liquid Fund?
Abakkus Liquid Fund is benchmarked against the CRISIL Liquid Debt A-I TRI. Its alpha and beta on this page are measured against that index.
Who manages Abakkus Liquid Fund?
Abakkus Liquid Fund is managed by Abhishek Krishnaswami Srinivas and Sanjay Doshi at Abakkus.
How is Abakkus Liquid Fund taxed?
Abakkus 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.