ITI Liquid Fund
ITI Mutual Fund · Liquid · Regular plan, growth option
NAV (₹), 1 Oct 2026
1,463.7940
1-day change
0.05%
1Y return
6.0%
3Y CAGR
6.5%
5Y CAGR
6.0%
Max drawdown, 5Y
0.0%
NAV history month-end NAV, ₹ · 24 Apr 2019 to 4 Oct 2026
Returns vs Liquid median (48 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.4% | 0.4% |
| 3 months | 1.4% | 1.5% |
| 6 months | 3.0% | 3.2% |
| Year to date | 4.6% | 4.9% |
| 1 year | 6.0% | 6.4% |
| 3 years (CAGR) | 6.5% | 6.8% |
| 5 years (CAGR) | 6.0% | 6.2% |
| 7 years (CAGR) | 5.2% | 5.6% |
| 10 years (CAGR) | n/a | 6.0% |
| Since first NAV (CAGR) | 5.2% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 6.0% | 7.0% |
| 3Y rolling median | 5.4% | 6.9% |
| 3Y rolling worst | 3.5% | 4.0% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 5.2% | 6.9% |
| 5Y rolling worst | 4.7% | 5.1% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 0.3% | 0.3% |
| Sharpe ratio | -0.44 | 0.34 |
| Sortino ratio | -0.49 | 0.42 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | 0.0% | −0.2% |
| Maximum drawdown, last 10Y | n/a | −0.2% |
| Maximum drawdown, last 5Y | 0.0% | 0.0% |
| Current drawdown | 0.0% | 0.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the markets below, which are also close to how many of them are benchmarked. Where those markets stand today:
- 1Y +6.4% · 3Y +6.8% p.a. · 5Y +6.3% p.a. (index fund NAV, after costs)
- At its 52-week high (proxy NAV)
5.50%
1 Jul 2026 · −0.25 pp in a year · 5Y average 5.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.24% a year and the Direct plan's 0.16%, a gap of 0.08%; over the last 3 years the Direct plan returned 0.16 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹2,16,589.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Laukik Bagwe | Fund manager and Head - Fixed Income | 1 Feb 2025 |
Objective: The investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be realized.
Stated asset allocation: Money market instruments (including cash and reverse repo and debt instruments with maturity up to 91 days)* 0%-100%, Securitised debt instruments with Residual maturity up to 91 days 0%-30%.
Benchmark (tier 1): CRISIL Liquid Debt A-I Index
Exit load: Exit Load as a % of redemption / switch-out proceeds Up to Day 1-0.0070%, Day 2-0.0065%, Day 3-0.0060%, Day 4-0.0055%, Day 5-0.0050%, Day 6-0.0045%, Day 7 onwards 0.0000%. # Applicable for normal subscriptions/redemptions including transactions under special products such as SIP, SWP, etc. offered by the AMC. No Exit Load shall be levied for switching between Plans / Options within the Scheme. However, exit load will be applicable if the units are switched out / redeemed from the Scheme within the exit load period from the initial date of purchase. There shall be no load on issue of units all…
Minimum application: ₹5,000
Allotment date: 24 Apr 2019
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.24% | 0.26% |
| AUM, whole scheme (₹ crore) | 52 | 4,912 |
| Riskometer | Low to Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 6.0% | 6.2% TRI |
| Return, 3 years (AMFI) | 6.5% | 6.8% TRI |
| Return, 5 years (AMFI) | 6.0% | 6.3% TRI |
| Month-ends above category median (3Y CAGR) | 0% | 46% median |
| Month-ends in category top quartile (3Y) | 0% | 7% median |
Official benchmark: CRISIL Liquid Debt A-I Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Liquid Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.6% | n/a | – |
| 2025 | 6.4% | n/a | – |
| 2024 | 6.9% | n/a | – |
| 2023 | 6.7% | n/a | – |
| 2022 | 4.6% | n/a | – |
| 2021 | 3.0% | n/a | – |
| 2020 | 3.2% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,980 | 6.1% |
| 3 years | ₹3,60,000 | ₹3,96,447 | 6.3% |
| 5 years | ₹6,00,000 | ₹7,04,840 | 6.4% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: ITI Mutual Fund
Category: Liquid
Plan / option: Regular · Growth
AMFI scheme code: 147153
ISIN: INF00XX01192
First NAV in MFIC data: 24 Apr 2019
History: 7.4 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| JM Liquid Fund | Liquid | 0.98 | 6.8% |
| PGIM India Liquid Fund | Liquid | 0.98 | 6.8% |
| TRUSTMF Liquid Fund | Liquid | 0.98 | 6.7% |
| Tata Liquid Fund | Liquid | 0.98 | 6.8% |
| HSBC Liquid Fund | Liquid | 0.98 | 6.8% |
| BANDHAN LIQUID Fund | Liquid | 0.98 | 6.8% |
Questions about ITI Liquid Fund
- What is the latest NAV of ITI Liquid Fund?
- The NAV of the Regular plan (growth option) was ₹1,463.7940 on 1 Oct 2026, as published by AMFI.
- Which category is ITI Liquid Fund in?
- It is classified as Liquid in AMFI's daily NAV file; a Liquid scheme invests in securities maturing in up to 91 days. MFIC compares it with 48 Liquid schemes (Regular plans).
- What returns has ITI Liquid Fund delivered?
- Over one year the NAV changed by 6.0%. The 3-year CAGR is 6.5% (category median 6.8%) and the 5-year CAGR is 6.0% (category median 6.2%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 5.4%, the lowest was 3.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in ITI Liquid Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.0%; within the last five years it was 0.0% (category median 0.0%).
- How volatile is ITI Liquid Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 0.3%, which is below the Liquid category median of 0.3%.
- What would a monthly SIP in ITI Liquid Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,04,840 on 1 Oct 2026, an annualised return (XIRR) of 6.4%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of ITI Liquid Fund?
- The total expense ratio of the Regular plan is 0.24% a year, as disclosed to AMFI (median of Liquid Regular plans: 0.26%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ITI Liquid Fund?
- Assets under management of the whole scheme were ₹52 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ITI Liquid Fund?
- AMFI lists the scheme's riskometer as “Low to Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of ITI Liquid Fund and how has it compared?
- Its official benchmark is the CRISIL Liquid Debt A-I Index. Over 3 years AMFI reports a return of 6.5% for this plan against 6.8% for the benchmark total return index; over 5 years 6.0% against 6.3%. Past performance does not indicate future results.
- How often has ITI Liquid Fund beaten its category?
- At 0% of the 54 month-ends compared over the last 10 years, its 3-year return was above the median of Liquid schemes (Regular plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages ITI Liquid Fund?
- According to its Scheme Summary Document, ITI Liquid Fund is managed by Laukik Bagwe (since 1 Feb 2025).
- What is the exit load of ITI Liquid Fund?
- As stated in its scheme documents: Exit Load as a % of redemption / switch-out proceeds Up to Day 1-0.0070%, Day 2-0.0065%, Day 3-0.0060%, Day 4-0.0055%, Day 5-0.0050%, Day 6-0.0045%, Day 7 onwards 0.0000%. # Applicable for normal subscriptions/redemptions including transactions under special products such as SIP, SWP, etc. offered by the AMC. No Exit Load shall be levied for switching between Plans / Options within the Scheme. However, exit load will be applicable if the units are switched out / redeemed from the Scheme within the exit load period from the initial date of purchase. There shall be no load on issue of units all… Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in ITI Liquid Fund?
- The minimum application amount is ₹5,000. SIP details: SIP-Daily: Rs. 500/-/ Weekly and Monthly:Rs. 500/- or Rs. 1000/-, STP- Rs. 500/-, SWP- Rs. 1000/-.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 6.2% and the Regular plan's by 6.0%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
Follow ITI Liquid Fund by email
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.
Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.