PGIM India Liquid Fund
DEBT
Selecting option from following drop-down list content will update below.
DEBT
An open ended liquid scheme. A relatively low interest rate risk and moderate credit risk scheme.
- NAV as on 23 Aug 2026
- ₹369.43160.02%
- Benchmark
- CRISIL Liquid Debt A-I Index
- Risk
- Low To Moderate
- AUM as on 31 Jul 2026
- ₹786.72 Cr
- Date of Inception
- 01 Jan 2013
- Expense Ratio (20 Aug 2026)
- 0.11%
- Ideal Holding Period
- 7 Days+
₹1 Lakh invested
Since Inception
Lumpsum
| Return Type | Annual Returns* | Current Value |
|---|---|---|
| Fund Returns | 6.86% | ₹2,46,315 |
| Benchmark Returns | 6.71% | ₹2,41,659 |
*Returns are CAGR - Compounded Annual Growth Rate
The performance provided is for Direct Plan - Growth Option.
The above returns are as on date 31 Jul 2026
Fund Returns
Annual Returns*
6.86%
Current value
₹2,46,315
Benchmark Returns*
6.71%
Current value
₹2,41,659
*Returns are CAGR - Compounded Annual Growth Rate
The performance provided is for Direct Plan - Growth Option.
The above returns are as on date 31 Jul 2026
Exit Load
For Exits within 6 days from date of allotment of units:
0.0070% on Day 1,
0.0065% on Day 2,
0.0060% on Day 3,
0.0055% on Day 4,
0.0050% on Day 5,
0.0045% on Day 6.
For Exits beyond from Day 7 onwards: NIL.
For Exits beyond from Day 7 onwards: NIL.
Minimum Investment
SIP : ₹1,000 | Lumpsum : ₹5,000
Portfolio Holdings as on 31 Jul 2026
Asset Allocation
- A1+ - 56.00%
- AAA - 17.53%
- Sovereign - 16.98%
- Cash and Cash Equivalents - 7.13%
- AA - 2.06%
- Debt - 0.30%
Top holdings
- 7.98% BAJAJ HOUSING FIN NCD RED 09-09-267.49 %
- 7.44% SIDBI NCD SR II NCD RED 04-09-20266.79 %
- 91 DAYS TBILL RED 22-10-20266.28 %
- BANK OF INDIA CD RED 04-09-20265.50 %
- ADITYA BIRLA MONEY CP 08-09-265.05 %
Top Sectors
- Financial Services66.77 %
- Sovereign16.98 %
- Fast Moving Consumer Goods3.17 %
- Diversified3.13 %
- Oil, Gas & Consumable Fuels2.52 %
Quantitative Indicators
- Yield to Maturity
- 6.38%
- Modified Duration
- 1.5 Months
- Portfolio Macaulay Duration
- 1.6 Months
- Average Maturity
- 1.6 Months
Performance
Historical Returns
Historical Returns Calculator
Historical Returns as of July 31, 2026 with lumpsum investment of ₹10,000
| PGIM India Liquid FundReturns ^Value* | CRISIL Liquid Debt A-I Index**Returns ^Value* | CRISIL 1 Year T-Bill Index#Returns ^Value* | |
|---|---|---|---|
| Last 1 Year | 6.44%₹10,644 | 6.14 %₹ 10,614 | 4.21 %₹ 10,421 |
| Last 3 Years | 7.01%₹12,255 | 6.80 %₹ 12,184 | 6.32 %₹ 12,019 |
| 5 Years | 6.30%₹13,575 | 6.19 %₹ 13,506 | 5.67 %₹ 13,177 |
| Since Inception | 6.86%₹24,647 | 6.71 %₹ 24,175 | 6.37 %₹ 23,147 |
- Date of Inception: Direct Plan: January 01, 2013.
- ^Above returns are CAGR - Compounded Annual Growth Rate.
- ** Scheme Benchmark. # Standard Benchmark. *Based on standard investment of Rs.10,000 made at the beginning of the relevant period.
- Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
- Different plans have a different expense structure. The above returns are as on July 31, 2026.
- The performance provided is for Direct Plan - Growth Option.
- Click here for dividend history of the schemes
Fund Managers
Akhil Dhar
He has over 9 years of work experience, majority of which is in the field of credit analysis of large Indian corporates group.
Puneet Pal
He has more than two decades of experience in the debt markets within the mutual fund space.
Fund Details
Investment Objective
To generate steady returns along with high liquidity by investing in a portfolio of short-term, high quality money market and debt instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns
Fund Type
An open ended liquid scheme. A relatively low interest rate risk and moderate credit risk scheme.
Investment Strategy
PGIM India Liquid Fund seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments. Portfolio managers will manage portfolios based on the outlook on interest rates and liquidity etc. Such outlook will be developed by in-house assessment of various macro factors like economic growth, inflation, credit pick-up, liquidity and other such factors as considered relevant. Portfolio managers will actively monitor and review markets and portfolios so that necessary rebalancing of the portfolios can be done. The portfolio comprises securities with a residual maturity of less than 91 days.
About PGIM India Liquid Fund
No records available
Frequently Asked Questions
No records available
Fund Documents
Riskometer
- Liquidity and generate income in the short term
- Investment in debt and money market securities with maturity upto 91 days only
- Degree of risk – LOW TO MODERATE.
- *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
This product is suitable for investors who are seeking*:
Scheme Riskometer
The risk of the scheme is Low To Moderate
Benchmark Riskometer
The risk of the Benchmark is
Low to Moderate
AMFI Tier - 1 Benchmark - CRISIL Liquid Debt A-I Index
Low to Moderate
AMFI Tier - 1 Benchmark - CRISIL Liquid Debt A-I Index
The risk of the Benchmark is Low to Moderate
AMFI Tier - 1 Benchmark - CRISIL Liquid Debt A-I Index
AMFI Tier - 1 Benchmark - CRISIL Liquid Debt A-I Index
Potential Risk Class
Credit Risk
Interest Rate Risk
Relatively Low
(Class A)
(Class A)
Moderate
(Class B)
(Class B)
Relatively High
(Class C)
(Class C)
Relatively Low (Class I)
B-I
Moderate (Class II)
Relatively High (Class III)
B-I is the potential risk class matrix of PGIM India Liquid Fund based on interest rate & credit risk.
A Potential Risk Class matrix consists of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme).
