Should I invest in HDFC Liquid Fund?

We don't give personal investment advice. HDFC Liquid Fund - Growth Option - Direct Plan is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.0%. 5-year CAGR: 6.22%.

HDFC

HDFC Liquid Fund - Growth Option - Direct Plan

Unit split applied to historical metrics

This scheme had a 100× unit consolidation on 30 Aug 2015. Returns, SIP simulations and risk metrics on this page are split-adjusted — they reflect what a real investor's portfolio experienced (a consolidation doesn't change portfolio value, only the unit count and per-unit NAV).

Latest NAV

₹5,525.3379

As of

19 Jul 2026

4,172 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.03%	+0.03%	+0.00	32 / 49	Q3
1W	+0.11%	+0.10%	+0.01	36 / 49	Q3
2W	+0.20%	+0.18%	+0.02	36 / 49	Q3
1M	+0.54%	+0.47%	+0.06	31 / 49	Q3
3M	+1.58%	+1.39%	+0.19	24 / 49	Q2
6M	+3.37%	+2.92%	+0.45	24 / 49	Q2
YTD	+3.62%	+3.07%	+0.55	23 / 49	Q2
1Y	+6.37%	+5.51%	+0.86	21 / 46	Q2
2Y	+6.76%	+5.81%	+0.95	23 / 43	Q3
3Y	+6.95%	+6.02%	+0.93	26 / 43	Q3
4Y	+6.86%	+5.95%	+0.91	24 / 42	Q3
5Y	+6.22%	+5.56%	+0.67	23 / 40	Q3
7Y	+5.66%	+5.65%	+0.01	21 / 33	Q3
10Y	+6.08%	+6.10%	-0.02	21 / 28	Q3
Inception	+6.80%	+5.69%	+1.11	18 / 49	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.62%	+3.41%	+0.21	23 / 44
2025	+6.57%	+6.04%	+0.53	20 / 40
2024	+7.37%	+6.80%	+0.57	26 / 39
2023	+7.04%	+6.47%	+0.57	25 / 38
2022	+4.85%	+4.08%	+0.78	26 / 42
2021	+3.31%	+2.92%	+0.38	27 / 40
2020	+4.20%	+3.90%	+0.29	18 / 37
2019	+6.60%	+6.20%	+0.41	20 / 35
2018	+7.32%	+6.88%	+0.44	29 / 33
2017	+6.60%	+6.29%	+0.31	26 / 33
2016	+7.67%	+7.68%	-0.01	17 / 25

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+6.72%

153 windows

min 3.2% · max 9.7%

100% positive

3-Year rolling

+6.48%

129 windows

min 4.0% · max 9.0%

100% positive

5-Year rolling

+6.25%

105 windows

min 5.2% · max 8.2%

100% positive

7-Year rolling

+6.20%

80 windows

min 5.7% · max 7.8%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.28%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.01%

Jul 2026 → Jul 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Liquid Fund

Scheme	Fund house	NAV	As of
Nippon India Liquid Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹6,890.0668	19 Jul 2026
SBI Liquid Fund - DIRECT PLAN -Growth	SBI	₹4,398.9037	19 Jul 2026
ICICI Prudential Liquid Fund - Direct Plan - Growth	ICICI Prudential	₹416.4095	19 Jul 2026
Invesco India Liquid Fund - Direct Plan - Growth	Invesco	₹3,862.1248	19 Jul 2026
BANDHAN LIQUID Fund -Direct Plan-Growth	Bandhan	₹3,398.1655	19 Jul 2026
quant Liquid Fund - Growth Option - Direct Plan	Quant	₹45.0690	19 Jul 2026
Aditya Birla Sun Life Liquid Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹454.7213	19 Jul 2026
Motilal Oswal Liquid Fund - Direct Growth	Motilal Oswal	₹14.8208	19 Jul 2026
Franklin India Liquid Fund - Super Institutional - Direct - Growth	Franklin India	₹4,230.9429	19 Jul 2026
Mirae Asset Liquid Fund - Direct Plan - Growth	Mirae Asset	₹2,970.4275	19 Jul 2026

Recent NAVs

Date	NAV
19 Jul 2026	₹5,525.3379
17 Jul 2026	₹5,523.5284
16 Jul 2026	₹5,521.9599
15 Jul 2026	₹5,520.8545
14 Jul 2026	₹5,520.1784
13 Jul 2026	₹5,520.1837
12 Jul 2026	₹5,519.3469
10 Jul 2026	₹5,517.5525
9 Jul 2026	₹5,515.7825
8 Jul 2026	₹5,514.3735

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 19 Jul 2026, the NAV of HDFC Liquid Fund - Growth Option - Direct Plan is ₹5,525.3379. It's a Liquid Fund from HDFC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

HDFC Liquid Fund - Growth Option - Direct Plan has NAV history starting from 31 Dec 2012, a track record of about 13 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

HDFC Liquid Fund - Growth Option - Direct Plan is managed by HDFC. It's classified by AMFI under the 'Liquid Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC Liquid Fund - Growth Option - Direct Plan has delivered a absolute return of 6.37% — +0.86 pp ahead of the Liquid Fund category average of 5.51%. The fund ranks #21 of 46 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HDFC Liquid Fund - Growth Option - Direct Plan has delivered a CAGR of 6.95% — +0.93 pp ahead of the Liquid Fund category average of 6.02%. The fund ranks #26 of 43 in its category — the third (Q3) quartile.

Over the trailing 5-year window, HDFC Liquid Fund - Growth Option - Direct Plan has delivered a CAGR of 6.22% — +0.67 pp ahead of the Liquid Fund category average of 5.56%. The fund ranks #23 of 40 in its category — the third (Q3) quartile.

₹1 lakh invested in HDFC Liquid Fund - Growth Option - Direct Plan exactly 10 years ago would be worth approximately ₹180,400 today — a multiplier of 1.80×, based on the 10-year CAGR of 6.08%. The category average over the same window would have grown ₹1 lakh to ₹180,781.

A ₹10,000 monthly SIP in HDFC Liquid Fund - Growth Option - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹710,999 today. That's an XIRR (money-weighted annualised return) of 6.72%.

A ₹10,000 monthly SIP for 10 years in HDFC Liquid Fund - Growth Option - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,638,440 (multiplier 1.37×). XIRR: 6.07%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HDFC Liquid Fund - Growth Option - Direct Plan ranks #23 out of 40 funds in the Liquid Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 5.56%; this fund delivered 6.22%.

The worst peak-to-trough decline HDFC Liquid Fund - Growth Option - Direct Plan has experienced over the last 5-year window is 0.04% — its NAV fell from a high on 03 May 2022 to a low on 05 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, HDFC Liquid Fund - Growth Option - Direct Plan averaged 6.25% (best 8.24%, worst 5.20%). 100% of rolling windows ended positive.

In calendar year 2025, HDFC Liquid Fund - Growth Option - Direct Plan returned 6.57% — beating the Liquid Fund category average of 6.04% by 0.53 pp. It ranked #20 of 40 in its category that year.

HDFC Liquid Fund - Growth Option - Direct Plan is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. HDFC Liquid Fund - Growth Option - Direct Plan is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.0%. 5-year CAGR: 6.22%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

HDFC Liquid Fund - Growth Option - Direct Plan

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Liquid Fund

Recent NAVs

Frequently asked questions

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