DSP Liquidity Fund Direct Growth

Fund Overview

Fund Size

₹21,543 Cr

Expense Ratio

0.10%

ISIN

INF740K01QL4

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

DSP Liquidity Fund Direct Growth is a Liquid mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 12 years, 2 months and 27 days, having been launched on 01-Jan-13.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹3702.42, Assets Under Management (AUM) of 21542.61 Crores, and an expense ratio of 0.1%.

DSP Liquidity Fund Direct Growth has given a CAGR return of 6.86% since inception.
The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.80% in cash & cash equivalents.
You can start investing in DSP Liquidity Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.42%

+6.60% (Cat Avg.)

3 Years

+6.77%

+6.32% (Cat Avg.)

5 Years

+5.46%

+5.08% (Cat Avg.)

10 Years

+6.36%

+5.35% (Cat Avg.)

Since Inception

+6.86%

— (Cat Avg.)

Portfolio Summaryas of 15th March 2025

Others

₹21,542.61 Cr

100.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹1,921.04 Cr	8.92%
91 DTB 10042025	Bond - Gov't/Treasury	₹622.27 Cr	2.89%
Canara Bank	Cash - CD/Time Deposit	₹615.45 Cr	2.86%
Union Bank of India	Bond - Gov't Agency Debt	₹541.01 Cr	2.51%
Punjab National Bank	Cash - CD/Time Deposit	₹523.15 Cr	2.43%
Bank Of Baroda	Cash - CD/Time Deposit	₹494.56 Cr	2.30%
National Bank For Agriculture And Rural Development	Cash - Commercial Paper	₹494.41 Cr	2.30%
HDFC Bank Limited	Cash - CD/Time Deposit	₹492.46 Cr	2.29%
Bank of Baroda	Bond - Corporate Bond	₹491.79 Cr	2.28%
91 Days Tbill	Bond - Gov't/Treasury	₹471.11 Cr	2.19%
182 Days Tbill (Md 01/05/2025)	Bond - Gov't/Treasury	₹451.28 Cr	2.09%
Canara Bank	Bond - Gov't Agency Debt	₹442.5 Cr	2.05%
7.72% Govt Stock 2025	Bond - Gov't/Treasury	₹410.35 Cr	1.90%
National Bank For Agriculture And Rural Development	Cash - Commercial Paper	₹396.4 Cr	1.84%
Punjab National Bank	Cash - CD/Time Deposit	₹395.5 Cr	1.84%
Reliance Retail Ventures Limited	Cash - Commercial Paper	₹394.99 Cr	1.83%
India (Republic of)	Bond - Short-term Government Bills	₹394.35 Cr	1.83%
Punjab National Bank	Cash - CD/Time Deposit	₹393.95 Cr	1.83%
Union Bank Of India	Cash - CD/Time Deposit	₹344.7 Cr	1.60%
HDFC Bank Limited	Cash - CD/Time Deposit	₹319.82 Cr	1.48%
Reliance Retail Ventures Limited	Cash - Commercial Paper	₹299.94 Cr	1.39%
Bank of Baroda	Bond - Corporate Bond	₹295.01 Cr	1.37%
Axis Bank Ltd.	Cash - CD/Time Deposit	₹271.45 Cr	1.26%
Tata Motors Finance Limited	Cash - Commercial Paper	₹247.91 Cr	1.15%
ICICI Securities Limited	Cash - Commercial Paper	₹247.8 Cr	1.15%
Union Bank Of India	Cash - CD/Time Deposit	₹247.29 Cr	1.15%
HDFC Securities Limited	Cash - Commercial Paper	₹246.83 Cr	1.15%
91 DTB 17042025	Bond - Gov't/Treasury	₹233.67 Cr	1.08%
Axis Bank Limited	Cash - CD/Time Deposit	₹222.87 Cr	1.03%
Bank Of Baroda	Cash - CD/Time Deposit	₹222.6 Cr	1.03%
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹201.42 Cr	0.93%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)	Cash - Commercial Paper	₹199.88 Cr	0.93%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹199.81 Cr	0.93%
ICICI Securities Limited	Cash - Commercial Paper	₹197.72 Cr	0.92%
Union Bank Of India	Cash - CD/Time Deposit	₹197.54 Cr	0.92%
The Federal Bank Limited	Cash - CD/Time Deposit	₹197.42 Cr	0.92%
Cholamandalam Investment And Fin. Co. Ltd	Cash - Commercial Paper	₹197.4 Cr	0.92%
ICICI Securities Limited	Cash - Commercial Paper	₹197.38 Cr	0.92%
Julius Baer Capital (India) Private Limited	Cash - Commercial Paper	₹197.29 Cr	0.92%
Union Bank Of India	Cash - CD/Time Deposit	₹197.14 Cr	0.92%
Indian Bank	Cash - CD/Time Deposit	₹196.98 Cr	0.91%
ICICI Securities Limited	Cash - Commercial Paper	₹196.93 Cr	0.91%
Tata Capital Limited	Cash - Commercial Paper	₹196.87 Cr	0.91%
Network18 Media & Investments Limited	Cash - Commercial Paper	₹196.83 Cr	0.91%
Small Industries Development Bank of India	Cash - Commercial Paper	₹196.68 Cr	0.91%
HDFC Securities Limited	Cash - Commercial Paper	₹196.59 Cr	0.91%
Indian Bank	Bond - Gov't Agency Debt	₹196.51 Cr	0.91%
National Bank for Agriculture and Rural Development	Cash - Commercial Paper	₹196.46 Cr	0.91%
05.88 GJ Sdl 2025	Bond - Gov't/Treasury	₹178.64 Cr	0.83%
Bajaj Finance Limited	Cash - Commercial Paper	₹148.95 Cr	0.69%
Bank Of Baroda	Cash - CD/Time Deposit	₹148.63 Cr	0.69%
Tata Motors Finance Ltd	Cash - Commercial Paper	₹148.29 Cr	0.69%
The Federal Bank Limited	Cash - CD/Time Deposit	₹148.26 Cr	0.69%
Bajaj Finance Limited	Cash - Commercial Paper	₹147.84 Cr	0.69%
Tata Capital Limited	Cash - Commercial Paper	₹147.68 Cr	0.69%
08.25 MH Sdl 2025	Bond - Gov't/Treasury	₹144.26 Cr	0.67%
Mahindra & Mahindra Financial Services Ltd	Bond - Corporate Bond	₹139.1 Cr	0.65%
Punjab National Bank	Cash - CD/Time Deposit	₹138.22 Cr	0.64%
ICICI Securities Limited	Cash - Commercial Paper	₹123.76 Cr	0.57%
HDFC Securities Limited	Cash - Commercial Paper	₹123.6 Cr	0.57%
Bank Of Baroda	Cash - CD/Time Deposit	₹123.41 Cr	0.57%
Export-Import Bank Of India	Cash - Commercial Paper	₹122.98 Cr	0.57%
Aditya Birla Money Ltd.	Cash - Commercial Paper	₹122.82 Cr	0.57%
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹105.05 Cr	0.49%
ICICI Bank Limited	Cash - CD/Time Deposit	₹99.98 Cr	0.46%
Canara Bank	Cash - CD/Time Deposit	₹99.92 Cr	0.46%
JSW Energy Limited	Cash - Commercial Paper	₹99.82 Cr	0.46%
Punjab National Bank	Cash - CD/Time Deposit	₹99.79 Cr	0.46%
Indian Bank	Cash - CD/Time Deposit	₹99 Cr	0.46%
Reliance Retail Ventures Limited	Cash - Commercial Paper	₹98.83 Cr	0.46%
Tata Capital Limited	Cash - Commercial Paper	₹98.83 Cr	0.46%
Sikka Ports And Terminals Limited	Cash - Commercial Paper	₹98.61 Cr	0.46%
Bajaj Finance Limited	Cash - Commercial Paper	₹98.54 Cr	0.46%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹98.47 Cr	0.46%
IDFC First Bank Limited	Cash - CD/Time Deposit	₹98.46 Cr	0.46%
IDFC Bank Limited	Cash - CD/Time Deposit	₹98.43 Cr	0.46%
Axis Bank Limited	Cash - CD/Time Deposit	₹98.32 Cr	0.46%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹79.09 Cr	0.37%
LIC Housing Finance Ltd	Cash - Commercial Paper	₹74.97 Cr	0.35%
Export-Import Bank Of India	Cash - CD/Time Deposit	₹74.89 Cr	0.35%
Union Bank Of India	Cash - CD/Time Deposit	₹74.74 Cr	0.35%
Godrej Industries Limited	Cash - Commercial Paper	₹74.65 Cr	0.35%
Godrej Industries Limited	Cash - Commercial Paper	₹74.61 Cr	0.35%
Godrej Industries Limited	Cash - Commercial Paper	₹74.58 Cr	0.35%
182 DTB 08052025	Bond - Gov't/Treasury	₹74.29 Cr	0.34%
HDFC Securities Limited	Cash - Commercial Paper	₹74.02 Cr	0.34%
Mahindra Lifespace Developers Ltd	Cash - Commercial Paper	₹73.99 Cr	0.34%
HDFC Bank Limited	Bond - Corporate Bond	₹53 Cr	0.25%
Union Bank Of India	Cash - CD/Time Deposit	₹49.98 Cr	0.23%
Bank Of Baroda	Cash - CD/Time Deposit	₹49.29 Cr	0.23%
IDFC First Bank Limited	Cash - CD/Time Deposit	₹49.24 Cr	0.23%
Kotak Securities Limited	Cash - Commercial Paper	₹49.22 Cr	0.23%
IDFC First Bank Limited	Cash - CD/Time Deposit	₹49.17 Cr	0.23%
Indian Bank	Cash - CD/Time Deposit	₹49.14 Cr	0.23%
SBI Funds Management Pvt Ltd/Fund Parent	Mutual Fund - Open End	₹43.79 Cr	0.20%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹30.15 Cr	0.14%
182 DTB 10042025	Bond - Gov't/Treasury	₹29.87 Cr	0.14%
Power Finance Corporation Limited	Bond - Corporate Bond	₹26.57 Cr	0.12%
Punjab National Bank	Cash - CD/Time Deposit	₹24.79 Cr	0.12%
ICICI Securities Limited	Cash - Commercial Paper	₹24.71 Cr	0.11%
Axis Bank Ltd.	Cash - CD/Time Deposit	₹24.66 Cr	0.11%
India (Republic of)	Bond - Short-term Government Bills	₹9.97 Cr	0.05%
91 Days Tbill	Bond - Gov't/Treasury	₹9.97 Cr	0.05%
Net Receivables/Payables	Cash - Collateral	₹7.53 Cr	0.03%
91 DTB 20032025	Bond - Gov't/Treasury	₹5 Cr	0.02%
182 DTB 24042025	Bond - Gov't/Treasury	₹4.97 Cr	0.02%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹7,031.19 Cr	32.64%
Cash - Commercial Paper	₹6,897.87 Cr	32.02%
Bond - Gov't/Treasury	₹2,635.68 Cr	12.23%
Cash - Repurchase Agreement	₹2,227.51 Cr	10.34%
Bond - Gov't Agency Debt	₹1,180.02 Cr	5.48%
Bond - Corporate Bond	₹1,114.7 Cr	5.17%
Bond - Short-term Government Bills	₹404.32 Cr	1.88%
Mutual Fund - Open End	₹43.79 Cr	0.20%
Cash - Collateral	₹7.53 Cr	0.03%

Risk & Performance Ratios

Fund Managers

Karan Mundhra

Since May 2021

Shalini Vasanta

Since August 2024

Additional Scheme Detailsas of 15th March 2025

ISIN

INF740K01QL4

Expense Ratio

0.10%

Exit Load

No Charges

Fund Size

₹21,543 Cr

Age

12 years 2 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Liquid Debt A-I TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Liquid Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk	0.2%	0.0%	₹5742.24 Cr	7.3%
Navi Liquid Fund Regular Growth Low to Moderate Risk	0.2%	0.0%	₹74.51 Cr	6.9%
Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹991.01 Cr	6.8%
Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹991.01 Cr	6.9%
Kotak Nifty 1D Rate Liquid ETF Low Risk	0.2%	-	₹939.71 Cr	5.8%
Invesco India Liquid Fund Regular Growth Low to Moderate Risk	0.2%	0.0%	₹14275.62 Cr	7.3%
TrustMF Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹373.46 Cr	7.3%
360 ONE Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1089.62 Cr	7.2%
360 ONE Liquid Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹1089.62 Cr	7.1%
TrustMF Liquid Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹373.46 Cr	7.1%

About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹1,85,741 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Multicap Fund Direct Growth Low Risk	0.5%	1.0%	₹1899.28 Cr	12.1%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹183.65 Cr	5.7%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹1011.64 Cr	26.7%
DSP Gold ETF Fund of Fund Direct Growth High Risk	0.7%	0.0%	₹57.09 Cr	30.8%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹2536.66 Cr	16.1%
DSP FMP - Series 264 - 60M - 17D Direct Growth Low to Moderate Risk	-	0.0%	₹50.17 Cr	8.3%
DSP FMP Series 267 - 1246 Days Direct Growth Low to Moderate Risk	-	0.0%	₹673.94 Cr	7.7%
DSP FMP Series 261 37 Month Direct Growth Moderate Risk	-	-	-	-
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth Low to Moderate Risk	-	0.0%	₹180.35 Cr	7.7%
DSP FMP Series 268 - 1281 Days Direct Growth Low to Moderate Risk	-	-	₹122.54 Cr	8.0%
DSP FMP Series 252 38 Month Direct Growth Moderate Risk	-	0.0%	-	-
DSP Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3114.61 Cr	8.6%
DSP Dynamic Asset Allocation Fund Direct Growth Moderate Risk	0.7%	1.0%	₹3185.69 Cr	14.3%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹1927.75 Cr	6.6%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹661.06 Cr	7.7%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹859.49 Cr	6.2%
DSP Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹3197.52 Cr	17.1%
DSP Global Allocation Fund Direct Growth Very High Risk	1.5%	0.0%	₹56.14 Cr	8.4%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹4788.15 Cr	7.8%
DSP Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹899.68 Cr	11.7%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2198.41 Cr	8.6%
DSP Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹302.96 Cr	8.8%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹11032.79 Cr	16.2%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1698.53 Cr	9.8%
DSP Equity & Bond Fund Direct Growth Very High Risk	0.7%	1.0%	₹10137.49 Cr	19.1%
DSP Focus Fund Direct Growth Very High Risk	1.0%	1.0%	₹2392.95 Cr	19.3%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	1.0%	₹206.52 Cr	22.5%
DSP India TIGER Fund Direct Growth Very High Risk	0.8%	1.0%	₹5003.45 Cr	9.2%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹21542.61 Cr	7.4%
DSP Regular Saving Fund Direct Growth Moderately High risk	0.5%	0.0%	₹163.14 Cr	11.8%
DSP Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹14995.68 Cr	10.6%
DSP Ultra Short Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3164.70 Cr	7.9%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2792.14 Cr	8.5%
DSP Midcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹17762.02 Cr	14.3%
DSP Natural Resource & New Energy Fund Direct Growth Very High Risk	1.1%	0.0%	₹1190.43 Cr	5.4%
DSP Equity Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹13444.08 Cr	18.2%
DSP Strategic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1653.33 Cr	9.7%
DSP Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3672.88 Cr	7.6%
DSP Tax Saver Fund Direct Growth Very High Risk	0.7%	0.0%	₹15985.06 Cr	18.8%
DSP World Agriculture Direct Growth Very High Risk	1.5%	0.0%	₹12.18 Cr	7.1%
DSP Top 100 Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹4599.52 Cr	17.3%
DSP US Flexible Equity Fund Direct Growth Very High Risk	1.6%	0.0%	₹920.17 Cr	6.3%
DSP World Energy Direct Growth Very High Risk	1.5%	0.0%	₹91.54 Cr	-7.7%
DSP World Gold Fund of Fund Direct Growth Very High Risk	1.8%	0.0%	₹1089.01 Cr	56.0%
DSP World Mining Direct Growth Very High Risk	1.5%	0.0%	₹128.51 Cr	9.1%
DSP Equity Savings Fund Direct Growth Moderately High risk	0.4%	0.0%	₹2417.24 Cr	12.2%
DSP Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹6029.71 Cr	7.8%
DSP Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2698.27 Cr	8.0%
DSP 10Y G-Sec Fund Direct Growth Moderate Risk	0.3%	0.0%	₹57.07 Cr	9.5%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹97.59 Cr	8.4%

Risk Level

Your principal amount will be at Low to Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of DSP Liquidity Fund Direct Growth?

The NAV of DSP Liquidity Fund Direct Growth, as of 27-Mar-2025, is ₹3702.42.

What are the returns of DSP Liquidity Fund Direct Growth?

The fund has generated 7.42% over the last 1 year and 6.77% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of DSP Liquidity Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 99.80% in cash and cash equivalents.

Who manages the DSP Liquidity Fund Direct Growth?

The fund managers responsible for DSP Liquidity Fund Direct Growth are:-

Karan Mundhra
Shalini Vasanta

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹21,543 Cr

Expense Ratio

0.10%

ISIN

INF740K01QL4

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Low to Moderate Risk