HDFC Liquid Fund Direct Growth

Fund Overview

Fund Size

₹68,215 Cr

Expense Ratio

0.20%

ISIN

INF179KB1HP9

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

HDFC Liquid Fund Direct Growth is a Liquid mutual fund schemes offered by HDFC 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 ₹5084.16, Assets Under Management (AUM) of 68215.48 Crores, and an expense ratio of 0.2%.

HDFC Liquid Fund Direct Growth has given a CAGR return of 6.83% since inception.
The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.73% in cash & cash equivalents.
You can start investing in HDFC Liquid 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

+7.32%

+6.60% (Cat Avg.)

3 Years

+6.72%

+6.32% (Cat Avg.)

5 Years

+5.44%

+5.08% (Cat Avg.)

10 Years

+6.31%

+5.35% (Cat Avg.)

Since Inception

+6.83%

— (Cat Avg.)

Portfolio Summaryas of 15th March 2025

Others

₹68,215.48 Cr

100.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
91 Days Tbill	Bond - Gov't/Treasury	₹10,535.03 Cr	15.44%
Net Current Assets	Cash	₹-6,350.48 Cr	9.31%
Reliance Retail Ventures Limited	Cash - Commercial Paper	₹2,933.47 Cr	4.30%
National Bank For Agriculture And Rural Development	Cash - Commercial Paper	₹2,933 Cr	4.30%
Bank Of Baroda	Cash - CD/Time Deposit	₹2,795.77 Cr	4.10%
Union Bank Of India	Cash - CD/Time Deposit	₹2,496.2 Cr	3.66%
Bank Of Baroda	Cash - CD/Time Deposit	₹1,974.95 Cr	2.90%
Bajaj Finance Limited	Cash - Commercial Paper	₹1,971.16 Cr	2.89%
India (Republic of)	Bond - Short-term Government Bills	₹1,969.4 Cr	2.89%
Small Industries Development Bank of India	Cash - Commercial Paper	₹1,963.97 Cr	2.88%
Union Bank of India	Cash - CD/Time Deposit	₹1,898.58 Cr	2.78%
Punjab National Bank	Cash - CD/Time Deposit	₹1,597.58 Cr	2.34%
91 Days Tbill	Bond - Gov't/Treasury	₹1,533.5 Cr	2.25%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹1,497.71 Cr	2.20%
National Bank for Agriculture and Rural Development	Cash - Commercial Paper	₹1,473.14 Cr	2.16%
Bank of India Ltd.	Bond - Corporate Bond	₹1,472.91 Cr	2.16%
Axis Bank Ltd.	Bond - Corporate Bond	₹1,178.89 Cr	1.73%
Bajaj Financial Securities Limited	Cash - Commercial Paper	₹999.18 Cr	1.46%
Indian Bank	Cash - CD/Time Deposit	₹999.06 Cr	1.46%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹998.28 Cr	1.46%
Mahindra & Mahindra Financial Services Ltd	Cash - Commercial Paper	₹991.42 Cr	1.45%
National Bank For Agriculture And Rural Development	Cash - Commercial Paper	₹989.04 Cr	1.45%
Bank Of India	Cash - CD/Time Deposit	₹988.48 Cr	1.45%
Reliance Retail Ventures Limited	Cash - Commercial Paper	₹985.41 Cr	1.44%
Indian Bank	Bond - Gov't Agency Debt	₹982.53 Cr	1.44%
RBL Bank Ltd.	Bond - Corporate Bond	₹981.62 Cr	1.44%
Power Finance Corporation Limited	Bond - Corporate Bond	₹853.18 Cr	1.25%
Kotak Securities Limited	Cash - Commercial Paper	₹799.19 Cr	1.17%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)	Cash - Commercial Paper	₹799.18 Cr	1.17%
Punjab And Sind Bank	Cash - CD/Time Deposit	₹793.57 Cr	1.16%
Export-Import Bank Of India	Cash - Commercial Paper	₹741.71 Cr	1.09%
Punjab National Bank	Cash - CD/Time Deposit	₹741.4 Cr	1.09%
Punjab National Bank	Cash - CD/Time Deposit	₹740.77 Cr	1.09%
Reverse Repo	Cash - Repurchase Agreement	₹694.09 Cr	1.02%
Export-Import Bank Of India	Cash - Commercial Paper	₹689.41 Cr	1.01%
Hdb Financial Services Limited	Bond - Corporate Bond	₹649.77 Cr	0.95%
National Bank For Agriculture And Rural Development	Cash - Commercial Paper	₹644.14 Cr	0.94%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹629.97 Cr	0.92%
Sbicap Securities Limited	Cash - Commercial Paper	₹599.01 Cr	0.88%
ICICI Securities Primary Dealership Ltd	Cash - Commercial Paper	₹499.59 Cr	0.73%
Rbl Bank Limited	Cash - CD/Time Deposit	₹499.51 Cr	0.73%
Bajaj Housing Finance Ltd.	Cash - Commercial Paper	₹499.23 Cr	0.73%
Bank Of Baroda	Cash - CD/Time Deposit	₹498.25 Cr	0.73%
National Bank For Agriculture And Rural Development	Cash - Commercial Paper	₹498.24 Cr	0.73%
Aditya Birla Finance Limited	Cash - Commercial Paper	₹495.84 Cr	0.73%
Punjab National Bank	Cash - CD/Time Deposit	₹494.37 Cr	0.72%
Cholamandalam Investment And Fin. Co. Ltd	Cash - Commercial Paper	₹494.35 Cr	0.72%
Canfin Homes Limited	Cash - Commercial Paper	₹493.75 Cr	0.72%
National Bank For Agriculture And Rural Development	Cash - Commercial Paper	₹493.67 Cr	0.72%
Union Bank Of India	Cash - CD/Time Deposit	₹492.84 Cr	0.72%
Reliance Jio Infocomm Limited	Cash - Commercial Paper	₹492.46 Cr	0.72%
Axis Bank Ltd.	Bond - Corporate Bond	₹491.3 Cr	0.72%
Bank of Baroda	Bond - Corporate Bond	₹491.08 Cr	0.72%
Sikka Ports & Terminals Ltd	Cash - Commercial Paper	₹490.9 Cr	0.72%
Tata Communications Limited (Vsnl)	Cash - Commercial Paper	₹484.54 Cr	0.71%
Axis Bank Limited	Cash - CD/Time Deposit	₹417.87 Cr	0.61%
India (Republic of)	Bond - Short-term Government Bills	₹403.73 Cr	0.59%
91 Days Tbill Red 24-04-2025	Bond - Gov't/Treasury	₹397.26 Cr	0.58%
Ongc Petro Additions Limited	Cash - Commercial Paper	₹394.2 Cr	0.58%
Tata Teleservices Limited	Cash - Commercial Paper	₹310.81 Cr	0.46%
Kotak Securities Ltd	Cash - Commercial Paper	₹299.94 Cr	0.44%
Larsen & Toubro Ltd.	Bond - Corporate Bond	₹299.65 Cr	0.44%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹299.49 Cr	0.44%
ICICI Securities Limited	Cash - Commercial Paper	₹297.36 Cr	0.44%
Hdb Financial Services Limited	Bond - Corporate Bond	₹274.99 Cr	0.40%
Tata Communications Limited (Vsnl)	Cash - Commercial Paper	₹249.9 Cr	0.37%
Bank Of Baroda	Cash - CD/Time Deposit	₹247.66 Cr	0.36%
Bank Of Baroda	Cash - CD/Time Deposit	₹247.28 Cr	0.36%
L & T Finance Ltd	Cash - Commercial Paper	₹246.18 Cr	0.36%
Bharti Telecom Limited	Cash - Commercial Paper	₹246.15 Cr	0.36%
Export-Import Bank of India	Cash - Commercial Paper	₹245.5 Cr	0.36%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹224.81 Cr	0.33%
Smfg India Credit Company Limited	Bond - Corporate Bond	₹199.89 Cr	0.29%
Corporate Debt Market Development Fund	Mutual Fund - Open End	₹182.17 Cr	0.27%
Bajaj Finance Limited	Cash - Commercial Paper	₹148.59 Cr	0.22%
Reliance Retail Ventures Limited	Cash - Commercial Paper	₹148.25 Cr	0.22%
Nirma Limited	Cash - Commercial Paper	₹148.25 Cr	0.22%
Goi 19.03.2025 Gov	Bond - Gov't/Treasury	₹136.94 Cr	0.20%
Bajaj Finance Limited	Bond - Corporate Bond	₹134.83 Cr	0.20%
Infina Finance Private Limited	Cash - Commercial Paper	₹124.92 Cr	0.18%
Mahindra & Mahindra Financial Services Ltd	Bond - Corporate Bond	₹110 Cr	0.16%
Aditya Birla Money Limited	Cash - Commercial Paper	₹99.98 Cr	0.15%
Kotak Securities Ltd	Cash - Commercial Paper	₹99.96 Cr	0.15%
Titan Company Limited	Bond - Corporate Bond	₹99.96 Cr	0.15%
Union Bank Of India	Cash - CD/Time Deposit	₹99.94 Cr	0.15%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹99.94 Cr	0.15%
Sbicap Securities Limited	Cash - Commercial Paper	₹99.81 Cr	0.15%
182 Days Tbill (Md 01/05/2025)	Bond - Gov't/Treasury	₹99.18 Cr	0.15%
Barclays Investments & Loans (India) Limited	Cash - Commercial Paper	₹99.13 Cr	0.15%
Cnh Industrial Capital India Private Limited	Cash - Commercial Paper	₹98.61 Cr	0.14%
Export-Import Bank Of India	Cash - Commercial Paper	₹98.38 Cr	0.14%
Canara Bank	Cash - CD/Time Deposit	₹74.94 Cr	0.11%
Barclays Investments & Loans (India) Limited	Cash - Commercial Paper	₹74.87 Cr	0.11%
Reliance Industries Limited	Bond - Corporate Bond	₹69.92 Cr	0.10%
Fullerton India Credit Company Ltd	Bond - Corporate Bond	₹50 Cr	0.07%
Tata Capital Limited	Bond - Corporate Bond	₹49.98 Cr	0.07%
Aditya Birla Money Limited	Cash - Commercial Paper	₹49.91 Cr	0.07%
Union Bank of India	Cash - CD/Time Deposit	₹49.91 Cr	0.07%
Infina Finance Private Limited	Cash - Commercial Paper	₹49.43 Cr	0.07%
Aditya Birla Money Limited	Cash - Commercial Paper	₹49.35 Cr	0.07%
Treps - Tri-Party Repo	Cash - Repurchase Agreement	₹44.77 Cr	0.07%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹36.18 Cr	0.05%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹24.99 Cr	0.04%
LIC Housing Finance Ltd	Cash - Commercial Paper	₹24.98 Cr	0.04%
Tata Capital Limited	Bond - Corporate Bond	₹24.93 Cr	0.04%
LIC Housing Finance Ltd	Cash - Commercial Paper	₹24.68 Cr	0.04%
91 DTB 28032025	Bond - Gov't/Treasury	₹9.98 Cr	0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - Commercial Paper	₹31,304.42 Cr	45.89%
Cash - CD/Time Deposit	₹18,148.93 Cr	26.61%
Bond - Gov't/Treasury	₹12,711.89 Cr	18.63%
Bond - Corporate Bond	₹8,124.04 Cr	11.91%
Cash	₹-6,350.48 Cr	9.31%
Bond - Short-term Government Bills	₹2,373.13 Cr	3.48%
Bond - Gov't Agency Debt	₹982.53 Cr	1.44%
Cash - Repurchase Agreement	₹738.86 Cr	1.08%
Mutual Fund - Open End	₹182.17 Cr	0.27%

Risk & Performance Ratios

Fund Managers

Anupam Joshi

Since October 2015

Swapnil Jangam

Since October 2022

Dhruv Muchhal

Since June 2023

Additional Scheme Detailsas of 15th March 2025

ISIN

INF179KB1HP9

Expense Ratio

0.20%

Exit Load

No Charges

Fund Size

₹68,215 Cr

Age

12 years 2 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Liquid Debt 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

HDFC Mutual Fund

+91 22 66316333

https://www.hdfcfund.com/

Total AUM

₹7,38,172 Cr

Address

“HUL House”, 2nd Floor, Mumbai, 400 020

Other Funds by HDFC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HDFC Pharma and Healthcare Fund Direct Growth Very High Risk	0.9%	1.0%	₹1468.68 Cr	32.8%
HDFC Technology Fund Direct Growth Very High Risk	1.0%	1.0%	₹1298.21 Cr	17.4%
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth Low Risk	-	0.0%	₹32.81 Cr	7.3%
HDFC FMP 1204D December 2022 (47) Direct Growth Low to Moderate Risk	-	-	₹51.24 Cr	7.6%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth Low to Moderate Risk	-	0.0%	₹76.38 Cr	7.9%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹316.54 Cr	7.8%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth Moderate Risk	-	0.0%	₹246.30 Cr	8.0%
HDFC Fixed Maturity Plans 1113 Days March 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	0.0%	-	-
HDFC Fixed Maturity Plan 1876 Days Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹32.24 Cr	8.3%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth Low Risk	-	0.0%	₹161.40 Cr	7.4%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹460.64 Cr	8.4%
HDFC FMP 2638D February 2023 (47) Direct Growth Moderate Risk	-	0.0%	₹151.02 Cr	10.0%
HDFC Fixed Maturity Plans 1127 Days April 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	-	-	-
HDFC Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹90374.53 Cr	10.1%
HDFC Hybrid Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹22130.68 Cr	8.5%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth High Risk	0.2%	0.0%	₹46.78 Cr	7.0%
HDFC Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹28119.87 Cr	4.5%
HDFC Housing Opportunities Fund Direct Growth Very High Risk	1.3%	1.0%	₹1165.41 Cr	3.6%
HDFC Large and Mid Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹21526.58 Cr	9.8%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹686.96 Cr	10.0%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1343.35 Cr	7.9%
HDFC Business Cycle Fund Direct Growth Very High Risk	0.9%	1.0%	₹2639.70 Cr	5.6%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹349.89 Cr	5.6%
HDFC Credit Risk Debt Fund Direct Growth High Risk	1.0%	1.0%	₹7231.28 Cr	8.6%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹196.41 Cr	8.1%
HDFC Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5806.86 Cr	8.5%
HDFC Banking & Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹3478.38 Cr	13.3%
HDFC Non-Cyclical Consumer Fund Direct Growth Very High Risk	1.1%	1.0%	₹824.61 Cr	12.3%
HDFC Asset Allocator Fund of Funds Direct Growth High Risk	0.1%	1.0%	₹3524.91 Cr	13.2%
HDFC Gold Fund Direct Growth High Risk	0.2%	1.0%	₹3303.23 Cr	30.5%
HDFC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹2961.38 Cr	9.8%
HDFC Dynamic Debt Fund Direct Growth Moderate Risk	0.8%	0.0%	₹779.54 Cr	9.2%
HDFC Medium Term Debt Fund Direct Growth Moderately High risk	0.7%	0.0%	₹3912.37 Cr	8.9%
HDFC Income Fund Direct Growth Moderate Risk	0.8%	0.0%	₹875.07 Cr	9.3%
HDFC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹2104.89 Cr	6.5%
HDFC Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹68215.48 Cr	7.3%
HDFC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹31898.00 Cr	8.9%
HDFC Mid-Cap Opportunities Fund Direct Growth Very High Risk	0.8%	1.0%	₹67578.59 Cr	12.6%
HDFC Hybrid Debt Fund Direct Growth Moderately High risk	1.1%	1.0%	₹3255.97 Cr	8.8%
HDFC TaxSaver Direct Growth Very High Risk	1.1%	0.0%	₹14671.37 Cr	14.3%
HDFC Multi - Asset Fund Direct Growth High Risk	0.8%	1.0%	₹3837.22 Cr	11.6%
HDFC Equity Savings Fund Direct Growth Moderately High risk	0.9%	1.0%	₹5460.36 Cr	7.2%
HDFC Short Term Debt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹14390.68 Cr	8.7%
HDFC Top 100 Fund Direct Growth Very High Risk	1.0%	1.0%	₹33913.31 Cr	6.6%
HDFC S&P BSE 500 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹189.63 Cr	6.5%
HDFC Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹260.49 Cr	8.4%
HDFC Dividend Yield Fund Direct Growth Very High Risk	0.8%	1.0%	₹5511.70 Cr	6.6%
HDFC Low Duration Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹18611.34 Cr	8.1%
HDFC Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹18053.77 Cr	7.8%
HDFC Capital Builder Value Fund Direct Growth Very High Risk	1.1%	1.0%	₹6400.46 Cr	11.3%

Risk Level

Your principal amount will be at Low to Moderate Risk

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What is the current NAV of HDFC Liquid Fund Direct Growth?

The NAV of HDFC Liquid Fund Direct Growth, as of 27-Mar-2025, is ₹5084.16.

What are the returns of HDFC Liquid Fund Direct Growth?

The fund has generated 7.32% over the last 1 year and 6.72% 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 HDFC Liquid Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 99.73% in cash and cash equivalents.

Who manages the HDFC Liquid Fund Direct Growth?

The fund managers responsible for HDFC Liquid Fund Direct Growth are:-

Anupam Joshi
Swapnil Jangam
Dhruv Muchhal

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

₹68,215 Cr

Expense Ratio

0.20%

ISIN

INF179KB1HP9

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Low to Moderate Risk