ICICI Pru Liquid Fund
The scheme seeks reasonable returns, commensurate with low risk levels while providing a high level of liquidity. Approximately 80 per cent of the corpus would be invested in money market securities, while the balance would be placed in high quality debt instruments.
Growthvine rating: 5/5 — ranked #4 of 41 in category.
Fund basics
| Category | Debt: Liquid |
|---|---|
| NAV | ₹414.25 (as of 2026-08-21) |
| AUM | ₹61,558 Cr |
| Expense ratio | 0.25% |
| Riskometer | Moderate |
| Fund manager | Darshil Dedhia |
| Exit load | Exit load of 0.0070% if redeemed within 1 day. 0.0065% if redeemed within 2 days. 0.0060% if redeemed within 3 days. 0.0055% if redeemed within 4 days. 0.0050% if redeemed within 5 days. 0.0045% if redeemed within 6 days. |
Performance & risk
| 5-year annualised return | 6.15% |
|---|---|
| Sharpe ratio | 4.34 |
| Standard deviation | 0.21% |
| Max drawdown | -0.16% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 97.3% of NIFTY Liquid Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.1% | Q2 | #21 of 41 |
| 2025 | 6.5% | Q3 | #20 of 37 |
| 2024 | 7.4% | Q1 (Top) | #7 of 36 |
| 2023 | 7.0% | Q2 | #13 of 35 |
| 2022 | 4.7% | Q3 | #22 of 34 |