Should I invest in NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION?

We don't give personal investment advice. NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION 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: 0.8%. 5-year CAGR: 0.11%.

Reliance

NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION

Unit split applied to historical metrics

This scheme had a 100× unit consolidation on 5 Aug 2012. 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

₹1,592.4710

As of

26 Jul 2026

6,033 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%	+0.01%	+0.02	20 / 46	Q2
1W	+0.11%	+0.05%	+0.06	12 / 46	Q2
2W	+0.22%	+0.11%	+0.11	9 / 46	Q1
1M	+0.55%	+0.25%	+0.30	10 / 46	Q1
3M	-0.23%	+0.64%	-0.88	46 / 46	Q4
6M	+0.09%	+1.34%	-1.25	22 / 46	Q2
YTD	+0.43%	+1.43%	-1.00	21 / 46	Q2
1Y	+0.55%	+2.44%	-1.89	21 / 46	Q2
2Y	+0.26%	+2.56%	-2.30	21 / 46	Q2
3Y	+0.17%	+2.63%	-2.46	21 / 46	Q2
4Y	+0.13%	+2.70%	-2.57	23 / 45	Q3
5Y	+0.11%	+2.52%	-2.41	24 / 45	Q3
7Y	+0.06%	+2.35%	-2.29	25 / 45	Q3
10Y	+0.03%	+2.51%	-2.48	25 / 43	Q3
Inception	-0.34%	+2.50%	-2.83	42 / 42	Q4

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	+0.43%	+1.57%	-1.14	18 / 38
2025	-0.06%	+2.63%	-2.68	37 / 38
2024	-0.02%	+3.08%	-3.10	35 / 38
2023	-0.01%	+3.02%	-3.03	38 / 38
2022	+0.05%	+2.16%	-2.10	22 / 40
2021	+0.00%	+1.46%	-1.46	24 / 40
2020	-0.11%	+1.63%	-1.74	43 / 44
2019	-0.10%	+2.29%	-2.39	44 / 45
2018	-0.05%	+2.61%	-2.66	45 / 45
2017	-0.02%	+2.33%	-2.35	44 / 45
2016	-0.04%	+2.72%	-2.77	40 / 44

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

+0.17%

223 windows

min -27.0% · max 47.6%

46% positive

3-Year rolling

-0.60%

206 windows

min -10.0% · max 26.4%

37% positive

5-Year rolling

-1.29%

179 windows

min -6.2% · max 15.0%

19% positive

7-Year rolling

-1.62%

156 windows

min -4.4% · max 5.7%

10% 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

1.22%

3-year · annualised

Sharpe ratio

-5.19

vs risk-free 6.5%

Sortino ratio

-7.62

Downside-only deviation

Max drawdown

-0.78%

Apr 2026 → Apr 2026

% positive months

50.0%

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
SBI Liquid Fund - Institutional - Growth	SBI	₹4,395.9408	26 Jul 2026
ICICI Prudential Liquid Fund - Daily IDCW	ICICI Prudential	₹100.1482	26 Jul 2026
Franklin India Liquid Fund - Super Institutional Plan - Daily - IDCW	Franklin Templeton	₹1,000.0000	26 Jul 2026
Kotak Liquid Fund - Regular - Daily Reinvestment of Income Distribution cum capital withdrawal option	Kotak Mahindra	₹1,274.9641	26 Jul 2026
DSP Liquidity Fund - Regular Plan - Growth	DSP BlackRock	₹3,980.1908	26 Jul 2026
HSBC Liquid Fund - Institutional Daily IDCW	HSBC	₹1,562.8262	26 Jul 2026
CANARA ROBECO LIQUID FUND - REGULAR PLAN - DAILY IDCW (Reinvestment)	Canara Robeco	₹1,005.5000	26 Jul 2026
Tata Liquid Fund -Regular Plan - Growth Option	UTI	₹4,388.7418	26 Jul 2026
Aditya Birla Sun Life Liquid Fund - Growth	Birla Sun Life	₹449.1787	26 Jul 2026
Invesco India Liquid Fund - Daily IDCW (Reinvestment)	Religare	₹1,002.7594	26 Jul 2026

Recent NAVs

Date	NAV
26 Jul 2026	₹1,592.4710
24 Jul 2026	₹1,591.9472
23 Jul 2026	₹1,591.5701
22 Jul 2026	₹1,591.2560
21 Jul 2026	₹1,591.1271
20 Jul 2026	₹1,590.8771
19 Jul 2026	₹1,590.6865
17 Jul 2026	₹1,590.1636
16 Jul 2026	₹1,589.7104
15 Jul 2026	₹1,589.3574

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 26 Jul 2026, the NAV of NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION is ₹1,592.4710. It's a Liquid Fund from Reliance, run as a Institutional plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION has NAV history starting from 02 Apr 2006, a track record of about 20 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION is managed by Reliance. 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, NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION has delivered a absolute return of 0.55% — -1.89 pp behind the Liquid Fund category average of 2.44%. The fund ranks #21 of 46 in its category — the second (Q2) quartile.

Over the trailing 3-year window, NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION has delivered a CAGR of 0.17% — -2.46 pp behind the Liquid Fund category average of 2.63%. The fund ranks #21 of 46 in its category — the second (Q2) quartile.

Over the trailing 5-year window, NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION has delivered a CAGR of 0.11% — -2.41 pp behind the Liquid Fund category average of 2.52%. The fund ranks #24 of 45 in its category — the third (Q3) quartile.

₹1 lakh invested in NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION exactly 10 years ago would be worth approximately ₹100,343 today — a multiplier of 1.00×, based on the 10-year CAGR of 0.03%. The category average over the same window would have grown ₹1 lakh to ₹128,180.

A ₹10,000 monthly SIP in NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION over the last 5 years — total invested ₹600,000 — would be worth ₹602,673 today. That's an XIRR (money-weighted annualised return) of 0.17%.

A ₹10,000 monthly SIP for 10 years in NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION = ₹1,200,000 invested. It would currently be worth ₹1,204,736 (multiplier 1.00×). XIRR: 0.08%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION ranks #24 out of 45 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 2.52%; this fund delivered 0.11%.

The worst peak-to-trough decline NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION has experienced over the last 5-year window is 0.78% — its NAV fell from a high on 26 Apr 2026 to a low on 27 Apr 2026. 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, NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION averaged -1.29% (best 15.02%, worst -6.17%). 19% of rolling windows ended positive. The 5-year Sharpe ratio is -6.04 — negative risk-adjusted performance.

In calendar year 2025, NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION returned -0.06% — lagging the Liquid Fund category average of 2.63% by 2.68 pp. It ranked #37 of 38 in its category that year.

NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION 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. NIPPON INDIA LIQUID FUND - MONTHLY IDCW OPTION 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: 0.8%. 5-year CAGR: 0.11%.

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