Loading...
HSBC Liquid Fund Direct Growth
Capital PreservationLiquidLow to Moderate Risk
Direct
NAV (09-Oct-26)
₹2843.450.03%1D
Returns (Since Inception)
6.82%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹20,975 Cr
Expense Ratio
0.13%
ISIN
INF336L01CC8
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
31 Dec 2012
About this fund
HSBC Liquid Fund Direct Growth is a Liquid mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 13 years, 9 months and 10 days, having been launched on 31-Dec-12.
As of 09-Oct-26, it has a Net Asset Value (NAV) of ₹2843.45, Assets Under Management (AUM) of 20974.67 Crores, and an expense ratio of 0.13%.
As of 09-Oct-26, it has a Net Asset Value (NAV) of ₹2843.45, Assets Under Management (AUM) of 20974.67 Crores, and an expense ratio of 0.13%.
- HSBC Liquid Fund Direct Growth has given a CAGR return of 6.82% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.19% in debts, and 99.81% in cash & cash equivalents.
- You can start investing in HSBC Liquid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
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
+6.50%
+5.83% (Cat Avg.)
3 Years
+6.95%
+6.35% (Cat Avg.)
5 Years
+6.41%
+5.86% (Cat Avg.)
10 Years
+6.12%
+5.20% (Cat Avg.)
Since Inception
+6.82%
— (Cat Avg.)
Portfolio Summaryas of 15th September 2026
| Debt | ₹40.03 Cr | 0.19% |
| Others | ₹20,934.65 Cr | 99.81% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹3,908.74 Cr | 13.54% |
| Ntpc Limited** | Cash | ₹994.82 Cr | 3.44% |
| India (Republic of) | Bond - Short-term Government Bills | ₹990.18 Cr | 3.43% |
| India (Republic of) | Bond - Short-term Government Bills | ₹919.75 Cr | 3.18% |
| India (Republic of) | Bond - Short-term Government Bills | ₹769.19 Cr | 2.66% |
| India (Republic of) | Bond - Short-term Government Bills | ₹584.71 Cr | 2.02% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹518.08 Cr | 1.79% |
| Power Finance Corporation Limited** | Cash | ₹502.87 Cr | 1.74% |
| Union Bank of India | Bond - Corporate Bond | ₹499.5 Cr | 1.73% |
| Bank Of Baroda** | Cash | ₹496.85 Cr | 1.72% |
| Hindustan Petroleum Corporation Limited** | Cash | ₹496.49 Cr | 1.72% |
| Titan Company Limited** | Cash | ₹495.51 Cr | 1.72% |
| India (Republic of) | Bond - Short-term Government Bills | ₹495.09 Cr | 1.71% |
| Bank Of India** | Cash | ₹493.43 Cr | 1.71% |
| Hdfc Bank Limited** | Cash | ₹493.4 Cr | 1.71% |
| Sidbi** | Cash | ₹493.1 Cr | 1.71% |
| India (Republic of) | Bond - Short-term Government Bills | ₹449.07 Cr | 1.56% |
| Icici Securities Limited | Cash - Commercial Paper | ₹444.7 Cr | 1.54% |
| Bharat Petroleum Corporation Limited | Cash - Commercial Paper | ₹371.43 Cr | 1.29% |
| India (Republic of) | Bond - Short-term Government Bills | ₹348.65 Cr | 1.21% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹299.66 Cr | 1.04% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹299.48 Cr | 1.04% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹299.33 Cr | 1.04% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹297.67 Cr | 1.03% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹297.56 Cr | 1.03% |
| Titan Company Limited | Cash - Commercial Paper | ₹297.5 Cr | 1.03% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹297.46 Cr | 1.03% |
| Canara Bank | Bond - Gov't Agency Debt | ₹296.92 Cr | 1.03% |
| Power Finance Corp Ltd. | Cash - Commercial Paper | ₹296.88 Cr | 1.03% |
| Canara Bank | Bond - Gov't Agency Debt | ₹296.62 Cr | 1.03% |
| REC Ltd. | Cash - Commercial Paper | ₹296.6 Cr | 1.03% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹296.6 Cr | 1.03% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹296.45 Cr | 1.03% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹296.13 Cr | 1.03% |
| Reliance Industries Limited^ | Cash | ₹295.69 Cr | 1.02% |
| Indian Oil Corporation Limited | Cash - Commercial Paper | ₹249.82 Cr | 0.87% |
| Indian Bank | Bond - Gov't Agency Debt | ₹248.38 Cr | 0.86% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹247.93 Cr | 0.86% |
| Hindustan Petroleum Corporation Limited | Cash - Commercial Paper | ₹247.65 Cr | 0.86% |
| Icici Securities Limited (Earlier Icici Brokerage Services Limited) | Cash - Commercial Paper | ₹247.63 Cr | 0.86% |
| Small Industries Dev Bank Of India | Cash - CD/Time Deposit | ₹223.54 Cr | 0.77% |
| India (Republic of) | Bond - Short-term Government Bills | ₹199.97 Cr | 0.69% |
| India (Republic of) | Bond - Short-term Government Bills | ₹199.03 Cr | 0.69% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹198.66 Cr | 0.69% |
| India (Republic of) | Bond - Short-term Government Bills | ₹198.45 Cr | 0.69% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹198.39 Cr | 0.69% |
| Titan Company Limited | Cash - Commercial Paper | ₹198.11 Cr | 0.69% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹198.09 Cr | 0.69% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹198.04 Cr | 0.69% |
| SRF Limited | Cash - Commercial Paper | ₹197.81 Cr | 0.68% |
| SBICAP Securities Ltd | Cash - Commercial Paper | ₹197.45 Cr | 0.68% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹197.44 Cr | 0.68% |
| Canara Bank** | Cash | ₹197.41 Cr | 0.68% |
| Reliance Retail Ventures Ltd** | Cash | ₹197.36 Cr | 0.68% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹197.35 Cr | 0.68% |
| Sikka Ports & Terminals Limited** | Cash | ₹197.28 Cr | 0.68% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹196.29 Cr | 0.68% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹173.14 Cr | 0.60% |
| Canara Bank | Cash - CD/Time Deposit | ₹172.59 Cr | 0.60% |
| India (Republic of) | Bond - Short-term Government Bills | ₹149.96 Cr | 0.52% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-149.45 Cr | 0.52% |
| Bajaj Financial Securities Ltd** | Cash | ₹149.26 Cr | 0.52% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹149.26 Cr | 0.52% |
| Kotak Securities Ltd | Cash - Commercial Paper | ₹148.49 Cr | 0.51% |
| Aditya Birla Capital Ltd. | Cash - Commercial Paper | ₹148.23 Cr | 0.51% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹148.09 Cr | 0.51% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹147.88 Cr | 0.51% |
| Hindustan Petroleum Corporation Limited** | Cash | ₹147.88 Cr | 0.51% |
| Bharat Petroleum Corporation Limited** | Cash | ₹147.84 Cr | 0.51% |
| Kotak Securities Ltd.** | Cash | ₹147.81 Cr | 0.51% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹147.8 Cr | 0.51% |
| Kotak Securities Ltd.** | Cash | ₹147.79 Cr | 0.51% |
| Motilal Oswal Financial Services Limited** | Cash | ₹147.71 Cr | 0.51% |
| Julius Baer Cap Ind Pvt Limited** | Cash | ₹147.69 Cr | 0.51% |
| Birla Group Holdings Private Ltd** | Cash | ₹147.62 Cr | 0.51% |
| Motilal Oswal Financial Services Limited** | Cash | ₹147.57 Cr | 0.51% |
| Sharekhan Limited** | Cash | ₹147.52 Cr | 0.51% |
| L&T Finance Limited | Cash - Commercial Paper | ₹99.92 Cr | 0.35% |
| Balrampur Chini Mills Limited | Cash - Commercial Paper | ₹99.87 Cr | 0.35% |
| Tata Communications Limited** | Cash | ₹99.41 Cr | 0.34% |
| Bajaj Financial Securities Ltd** | Cash | ₹99.35 Cr | 0.34% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹99.16 Cr | 0.34% |
| Godrej Agrovet Limited | Cash - Commercial Paper | ₹99.1 Cr | 0.34% |
| Hindustan Petroleum Corporation Limited | Cash - Commercial Paper | ₹99.04 Cr | 0.34% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹98.94 Cr | 0.34% |
| Mirae Asset Capital Markets (India) Private Limited | Cash - Commercial Paper | ₹98.88 Cr | 0.34% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹98.85 Cr | 0.34% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹98.79 Cr | 0.34% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹98.69 Cr | 0.34% |
| Indian Oil Corporation Limited** | Cash | ₹98.61 Cr | 0.34% |
| Sbi Cap Securities Ltd.** | Cash | ₹98.54 Cr | 0.34% |
| Dalmia Cement (Bharat) Ltd** | Cash | ₹98.43 Cr | 0.34% |
| Birla Group Holdings Private Ltd** | Cash | ₹98.35 Cr | 0.34% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹74.19 Cr | 0.26% |
| Godrej Industries Ltd. | Cash - Commercial Paper | ₹74.08 Cr | 0.26% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹73.97 Cr | 0.26% |
| Godrej Agrovet Limited** | Cash | ₹73.96 Cr | 0.26% |
| Godrej Industries Ltd** | Cash | ₹73.89 Cr | 0.26% |
| Godrej Industries Ltd** | Cash | ₹73.84 Cr | 0.26% |
| Pilani Inv And Ind Corp Ltd** | Cash | ₹73.77 Cr | 0.26% |
| SBI Funds Management Private Ltd | Bond - Corporate Bond | ₹55.11 Cr | 0.19% |
| Day Tbill | Bond - Gov't/Treasury | ₹49.56 Cr | 0.17% |
| Dalmia Cement (Bharat) Ltd** | Cash | ₹49.22 Cr | 0.17% |
| Dalmia Cement (Bharat) Ltd** | Cash | ₹49.21 Cr | 0.17% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash | ₹7,670.03 Cr | 27.60% |
| Cash - Commercial Paper | ₹7,701.37 Cr | 26.67% |
| Bond - Short-term Government Bills | ₹5,304.06 Cr | 18.37% |
| Cash - Repurchase Agreement | ₹3,908.74 Cr | 13.54% |
| Cash - CD/Time Deposit | ₹2,847.31 Cr | 9.86% |
| Bond - Gov't Agency Debt | ₹841.92 Cr | 2.92% |
| Bond - Corporate Bond | ₹554.61 Cr | 1.92% |
| Bond - Gov't/Treasury | ₹49.56 Cr | 0.17% |
Risk & Performance Ratios
Standard Deviation
This fund
0.21%
Cat. avg.
0.36%
Lower the better
Sharpe Ratio
This fund
3.13
Cat. avg.
0.38
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
13.77
Higher the better
Fund Managers
RT
Rahul Totla
Since January 2026
Abhishek Iyer
Since April 2025
Additional Scheme Detailsas of 15th September 2026
ISIN INF336L01CC8 | Expense Ratio 0.13% | Exit Load No Charges | Fund Size ₹20,975 Cr | Age 13 years 9 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark IISL Nifty Liquid 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  |
|---|---|---|---|---|
| UTI Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹29217.85 Cr | 6.4% |
| JioBlackRock Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹12173.43 Cr | - |
| ASK Liquid Fund Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| ASK Liquid Fund Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| UTI Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹29217.85 Cr | 6.6% |
| UTI Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹29217.85 Cr | 6.4% |
| The Wealth Company Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹817.92 Cr | - |
| Abakkus Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹559.10 Cr | - |
| Abakkus Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹559.10 Cr | - |
| Capitalmind Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹98.25 Cr | - |
| Capitalmind Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹98.25 Cr | - |
| The Wealth Company Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹817.92 Cr | - |
| JioBlackRock Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹12173.43 Cr | 6.6% |
| Unifi Liquid Fund Regular Growth Low to Moderate Risk | 0.1% | 0.0% | ₹51.79 Cr | 5.8% |
| Unifi Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹51.79 Cr | 5.8% |
| ICICI Prudential BSE Liquid Rate ETF - Growth Low Risk | 0.3% | - | ₹1247.38 Cr | 5.0% |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹496.82 Cr | 6.4% |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹496.82 Cr | 6.2% |
| DSP S&P BSE Liquid Rate ETF Low Risk | 0.3% | - | ₹1904.83 Cr | 4.9% |
| HDFC Nifty 1D Rate Liquid ETF Low Risk | 0.5% | - | ₹29.44 Cr | 5.3% |
| Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 12 Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 13 Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Mirae Asset Cash Management Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹17358.70 Cr | 6.5% |
| LIC MF Liquid Plan Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹17484.09 Cr | 6.5% |
| ICICI Prudential Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹62798.37 Cr | 6.5% |
| ITI Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹52.01 Cr | 6.0% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹52.01 Cr | 6.2% |
| Navi Liquid Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹73.81 Cr | 5.8% |
| Sundaram Liquid Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹9094.46 Cr | 6.6% |
| Bandhan Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹20197.71 Cr | 6.5% |
| Groww Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹381.39 Cr | 6.5% |
| Nippon India Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹43124.99 Cr | 6.6% |
| Union Liquid Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹7577.89 Cr | 6.4% |
| JM Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1742.62 Cr | 6.4% |
| Edelweiss Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹13272.23 Cr | 6.6% |
| Invesco India Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹20748.17 Cr | 6.5% |
| Kotak Liquid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹49073.09 Cr | 6.5% |
| WhiteOak Capital Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹742.59 Cr | 6.4% |
| WhiteOak Capital Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹742.59 Cr | 6.3% |
| Mahindra Manulife Liquid Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹1392.28 Cr | 6.4% |
| Mahindra Manulife Liquid Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹1392.28 Cr | 6.5% |
| Quantum Liquid Fund Regular Growth Low Risk | 0.3% | 0.0% | ₹556.28 Cr | 5.8% |
| Mirae Asset Cash Management Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹17358.70 Cr | 6.3% |
| Axis Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹63342.66 Cr | 6.5% |
| Bajaj Finserv Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹8588.55 Cr | 6.3% |
| Bajaj Finserv Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹8588.55 Cr | 6.5% |
| SBI Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹92191.69 Cr | 6.4% |
| UTI Liquid Fund Cash Plan Direct Growth Moderate Risk | 0.2% | 0.0% | ₹33248.42 Cr | 6.4% |
About the AMC
HSBC Mutual Fund
Total AUM
₹1,60,154 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of HSBC Liquid Fund Direct Growth?
The NAV of HSBC Liquid Fund Direct Growth, as of 09-Oct-2026, is ₹2843.45.
What are the returns of HSBC Liquid Fund Direct Growth?
The fund has generated 6.50% over the last 1 year and 6.95% 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 HSBC Liquid Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 0.19% in bonds, and 99.81% in cash and cash equivalents.
Who manages the HSBC Liquid Fund Direct Growth?
The fund managers responsible for HSBC Liquid Fund Direct Growth are:-
- Rahul Totla
- Abhishek Iyer
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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.
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
©2021-2026 Dezerv. All Rights Reserved
Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
