DSP Liquid Fund Direct Growth

DSP Liquid Fund Direct Growth

+7.00%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 14 Sep '26
₹4,065.86
Min. for SIP
₹100
Fund size (AUM)
₹27,920.26 Cr
Expense ratio
0.12%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹61,851
+3.08%
3 years₹1,80,000₹1,98,481
+10.27%
5 years₹3,00,000₹3,54,363
+18.12%
10 years₹6,00,000₹8,17,762
+36.29%

Holdings (163)

NameSectorInstrumentsAssets
Reverse RepoUnspecifiedReverse Repo5.67%
GOVERNMENT OF INDIA 37477 091 DAYS TBILL 03SP26 FV RS 100FinancialTreasury Bills3.20%
CANARA BANK CD 14SEP26FinancialCertificate of Deposit1.79%
HDFC BANK LIMITED CD 02NOV26FinancialCertificate of Deposit1.77%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 07SEP26FinancialCommercial Paper1.61%
GOVERNMENT OF INDIA 37642 091 DAYS TBILL 08OT26 FV RS 100FinancialTreasury Bills1.60%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 11SEP26FinancialCommercial Paper1.43%
HINDUSTAN PETROLEUM CORPORATION LIMITED 35D CP 10SEP26Energy & UtilitiesCommercial Paper1.43%
HDFC BANK LIMITED CD 06NOV26FinancialCertificate of Deposit1.42%
BANK OF BARODA CD 11NOV26FinancialCertificate of Deposit1.42%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 90D CP 01OCT26FinancialCommercial Paper1.34%
HDFC BANK LIMITED CD 10SEP26FinancialCertificate of Deposit1.25%
ICICI SECURITIES LIMITED 91D CP 04SEP26FinancialCommercial Paper1.25%
UNION BANK OF INDIA CD 27OCT26FinancialCertificate of Deposit1.24%
CANARA BANK CD 15SEP26FinancialCertificate of Deposit1.16%
ICICI Bank Limited (15/09/2026)FinancialCertificate of Deposit1.16%
Axis Bank Limited (16/09/2026) **FinancialCertificate of Deposit1.16%
HDFC BANK LIMITED CD 01OCT26FinancialCertificate of Deposit1.16%
BHARAT PETROLEUM CORPORATION LIMITED 80D CP 24SEP26Energy & UtilitiesCommercial Paper1.07%
UNION BANK OF INDIA CD 01OCT26FinancialCertificate of Deposit1.07%
HDFC BANK LIMITED CD 16OCT26FinancialCertificate of Deposit1.07%
AXIS BANK LIMITED CD 27NOV26FinancialCertificate of Deposit1.06%
HDFC SECURITIES LIMITED 91D CP 17NOV26FinancialCommercial Paper1.06%
UNION BANK OF INDIA CD 14OCT26FinancialCertificate of Deposit0.98%
ADITYA BIRLA HOUSING FINANCE LIMITED 91D CP 07SEP26FinancialCommercial Paper0.89%
ICICI Securities Limited (15/09/2026) **FinancialCommercial Paper0.89%
KOTAK SECURITIES LTD 91D CP 24SEP26FinancialCommercial Paper0.89%
National Bank For Agriculture & Rural Development**FinancialCommercial Paper0.88%
CENTRAL GOVERNMENT LOAN 30950 GOI 15NV26 5.74 FV RS 100EntitiesGOI Securities0.84%
GOVERNMENT OF INDIA 37846 091 DAYS TBILL 19NV26 FV RS 100FinancialTreasury Bills0.83%
UNION BANK OF INDIA CD 12OCT26FinancialCertificate of Deposit0.80%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 04SEP26FinancialCommercial Paper0.72%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 91D CP 08SEP26FinancialCommercial Paper0.72%
RELIANCE RETAIL VENTURES LIMITED 91D CP 08SEP26DiversifiedCommercial Paper0.72%
ICICI SECURITIES LIMITED 91D CP 10SEP26FinancialCommercial Paper0.72%
KOTAK SECURITIES LTD 91D CP 04SEP26FinancialCommercial Paper0.72%
TATA REALTY AND INFRASTRUCTURE LIMITED 91D CP 04SEP26IndustrialsCommercial Paper0.72%
ANGEL ONE LIMITED 301D CP 07SEP26FinancialCommercial Paper0.72%
HINDUSTAN PETROLEUM CORPORATION LIMITED 31D CP 11SEP26Energy & UtilitiesCommercial Paper0.72%
Reserve Bank of India 91-DFinancialTreasury Bills0.71%
RELIANCE RETAIL VENT CP 16-09-26 VD1706**DiversifiedCommercial Paper0.71%
Punjab National Bank (17/09/2026) **FinancialCertificate of Deposit0.71%
HDFC Bank Limited (16/09/2026) **FinancialCertificate of Deposit0.71%
91 Days Tbill (MD 17/09/2026)FinancialTreasury Bills0.71%
EXPORT IMPORT BANK OF INDIA 91D CP 22SEP26FinancialCertificate of Deposit0.71%
NTPC LIMITED 91D CP 18SEP26Energy & UtilitiesCommercial Paper0.71%
HINDUSTAN PETROLEUM CORPORATION LIMITED 89D CP 15SEP26Energy & UtilitiesCommercial Paper0.71%
HINDUSTAN PETROLEUM CORPORATION LIMITED 90D CP 17SEP26Energy & UtilitiesCommercial Paper0.71%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 84D CP 28SEP26FinancialCommercial Paper0.71%
NTPC LIMITED 91D CP 05OCT26Energy & UtilitiesCommercial Paper0.71%
BAJAJ FINANCIAL SECURITIES LIMITED 81D CP 22SEP26FinancialCommercial Paper0.71%
BAJAJ FINANCIAL SECURITIES LIMITED 81D CP 22SEP26FinancialCommercial Paper0.71%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 91D CP 28OCT26FinancialCommercial Paper0.71%
BAJAJ HOUSING FINANCE LIMITED 91D CP 21OCT26FinancialCommercial Paper0.71%
GOVERNMENT OF INDIA 37693 091 DAYS TBILL 22OT26 FV RS 100FinancialTreasury Bills0.71%
EXPORT IMPORT BANK OF INDIA 91D CP 04NOV26FinancialCommercial Paper0.71%
GOVERNMENT OF INDIA 37830 091 DAYS TBILL 12NV26 FV RS 100FinancialTreasury Bills0.71%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 06NOV26FinancialCommercial Paper0.71%
ADITYA BIRLA HOUSING FINANCE LIMITED 91D CP 09NOV26FinancialCommercial Paper0.71%
HDFC BANK LIMITED CD 11NOV26FinancialCertificate of Deposit0.71%
MOTILAL OSWAL FINANCIAL SERVICES LIMITED 91D CP 03NOV26FinancialCommercial Paper0.71%
** - BPCL - CP - 13/11/2026Energy & UtilitiesCommercial Paper0.71%
ICICI SECURITIES LIMITED 91D CP 03NOV26FinancialCommercial Paper0.71%
GOVERNMENT OF INDIA 37861 091 DAYS TBILL 27NV26 FV RS 100FinancialTreasury Bills0.71%
CANARA BANK CD 23NOV26FinancialCertificate of Deposit0.71%
YES BANK LIMITED CD 18NOV26FinancialCertificate of Deposit0.71%
PNB HOUSING FINANCE LIMITED 91D CP 26NOV26FinancialCommercial Paper0.71%
ADITYA BIRLA CAPITAL LIMITED 87D CP 25SEP26FinancialCommercial Paper0.62%
GOVERNMENT OF INDIA 37705 091 DAYS TBILL 29OT26 FV RS 100FinancialTreasury Bills0.62%
MUTHOOT FINCORP LIMITED 90D CP 19NOV26FinancialCommercial Paper0.60%
TATA PROJECTS LIMITED SR O 8.47 NCD 20NV26 FVRS1LACIndustrialsDebenture0.59%
TATA HOUSING DEVELOPMENT COMPANY LIMITED 91D CP 07SEP26IndustrialsCommercial Paper0.55%
BAJAJ FINANCE LIMITED 91D CP 03SEP26FinancialCommercial Paper0.54%
ADITYA BIRLA MONEY LIMITED 91D CP 10SEP26FinancialCommercial Paper0.54%
UJJIVAN SMALL FINANCE BANK LIMITED CD 15SEP26FinancialCertificate of Deposit0.54%
REDINGTON LIMITED 91D CP 18SEP26TechnologyCommercial Paper0.54%
BANK OF INDIA CD 21SEP26FinancialCertificate of Deposit0.54%
CENTRAL BANK OF INDIA CD 25SEP26FinancialCertificate of Deposit0.54%
Sikka Ports and Terminals Ltd SR-PPD-7 Debenture 7.90 18/11/2026Energy & UtilitiesDebenture0.53%
INDIAN BANK CD 27OCT26FinancialCertificate of Deposit0.53%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 06NOV26FinancialCertificate of Deposit0.53%
THE KARUR VYSYA BANK LIMITED CD 23NOV26FinancialCertificate of Deposit0.53%
HINDUSTAN PETROLEUM CORPORATION LIMITED 85D CP 29SEP26Energy & UtilitiesCommercial Paper0.53%
JULIUS BAER CAPITAL (INDIA) PRIVATE LIMITED 75D CP 28SEP26FinancialCommercial Paper0.53%
TITAN COMPANY LIMITED 90D CP 19OCT26Consumer DiscretionaryCommercial Paper0.53%
NTPC LIMITED 88D CP 09OCT26Energy & UtilitiesCommercial Paper0.44%
KOTAK SECURITIES LTD 91D CP 20NOV26FinancialCommercial Paper0.44%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 7.44 BD 04SP26 FVRS1LACFinancialDebenture0.38%
HDFC BANK LIMITED CD 21SEP26FinancialCertificate of Deposit0.36%
EXPORT IMPORT BANK OF INDIA 91D CP 09SEP26FinancialCertificate of Deposit0.36%
RELIANCE RETAIL VENTURES LIMITED 91D CP 02SEP26DiversifiedCommercial Paper0.36%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 91D CP 03SEP26FinancialCommercial Paper0.36%
GODREJ CONSUMER PRODUCTS LIMITED 91D CP 11SEP26Consumer StaplesCommercial Paper0.36%
BIRLA GROUP HOLDINGS PRIVATE LIMITED 91D CP 08SEP26FinancialCommercial Paper0.36%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 03SEP26FinancialCommercial Paper0.36%
KOTAK SECURITIES LTD 91D CP 03SEP26FinancialCommercial Paper0.36%
MOTILAL OSWAL FINANCIAL SERVICES LIMITED 91D CP 03SEP26FinancialCommercial Paper0.36%
HDFC SECURITIES LIMITED 91D CP 09SEP26FinancialCommercial Paper0.36%
ANGEL ONE LIMITED 91D CP 03SEP26FinancialCommercial Paper0.36%
MANAPPURAM FINANCE LIMITED 91D CP 09SEP26FinancialCommercial Paper0.36%
Hindustan Petroleum Corporation Ltd. (MD 25/09/2026)**Energy & UtilitiesCommercial Paper0.36%
REC LIMITED 91D CP 22OCT26FinancialCommercial Paper0.36%
BAJAJ FINANCIAL SECURITIES LIMITED 91D CP 16OCT26FinancialCommercial Paper0.36%
HDFC BANK LIMITED CD 19OCT26FinancialCertificate of Deposit0.36%
BAJAJ FINANCE LIMITED 63D CP 25SEP26FinancialCommercial Paper0.36%
BANK OF BARODA CD 06NOV26FinancialCertificate of Deposit0.35%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 10NOV26FinancialCertificate of Deposit0.35%
EXPORT IMPORT BANK OF INDIA CD 11NOV26FinancialCertificate of Deposit0.35%
CANARA BANK CD 11NOV26FinancialCertificate of Deposit0.35%
INDIAN BANK CD 30OCT26FinancialCertificate of Deposit0.35%
BAJAJ FINANCIAL SECURITIES LIMITED 118D CP 12NOV26FinancialCommercial Paper0.35%
BAJAJ FINANCIAL SECURITIES LIMITED 109D CP 26OCT26FinancialCommercial Paper0.35%
L&T FINANCE LIMITED 91D CP 05NOV26FinancialCommercial Paper0.35%
MANAPPURAM FINANCE LIMITED 91D CP 13NOV26FinancialCommercial Paper0.35%
JIO CREDIT LIMITED 90D CP 09NOV26FinancialCommercial Paper0.35%
KOTAK SECURITIES LTD 91D CP 03NOV26FinancialCommercial Paper0.35%
TVS CREDIT SERVICES LIMITED 91D CP 12NOV26FinancialCommercial Paper0.35%
THE KARUR VYSYA BANK LIMITED CD 13NOV26FinancialCertificate of Deposit0.35%
HINDUSTAN PETROLEUM CORPORATION LIMITED 91D CP 13NOV26Energy & UtilitiesCommercial Paper0.35%
CAN FIN HOMES LIMITED 91D CP 11NOV26FinancialCommercial Paper0.35%
HDFC SECURITIES LIMITED 91D CP 11NOV26FinancialCommercial Paper0.35%
ARKA FINCAP LIMITED 90D CP 09NOV26FinancialCommercial Paper0.35%
CENTRAL BANK OF INDIA CD 23NOV26FinancialCertificate of Deposit0.35%
BAJAJ FINANCIAL SECURITIES LIMITED 91D CP 16NOV26FinancialCommercial Paper0.35%
MOTILAL OSWAL FINANCIAL SERVICES LIMITED 91D CP 20NOV26FinancialCommercial Paper0.35%
CANARA BANK CD 17NOV26FinancialCertificate of Deposit0.35%
PNB HOUSING FINANCE LIMITED 91D CP 20NOV26FinancialCommercial Paper0.35%
LODHA DEVELOPERS LIMITED 91D CP 23NOV26Real EstateCommercial Paper0.35%
SHAREKHAN LIMITED 91D CP 18NOV26FinancialCommercial Paper0.35%
LIC HOUSING FINANCE LIMITED TR 412 6.17 LOA 03SP26 FVRS10LACFinancialDebenture0.29%
UNION BANK OF INDIA CD 15SEP26FinancialCertificate of Deposit0.27%
GODREJ INDUSTRIES LIMITED 91D CP 10SEP26DiversifiedCommercial Paper0.27%
GODREJ INDUSTRIES LIMITED 91D CP 11SEP26DiversifiedCommercial Paper0.27%
BAJAJ HOUSING FINANCE LIMITED 7.98 NCD 09SP26 FVRS1LACFinancialDebenture0.25%
GOVERNMENT OF INDIA 37176 182 DAYS TBILL 03SP26 FV RS 100FinancialTreasury Bills0.21%
Others Class A2 AIFUnspecifiedAlternative Investment Fund0.19%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 18SEP26FinancialCertificate of Deposit0.18%
BANK OF BARODA CD 16SEP26FinancialCertificate of Deposit0.18%
PUNJAB NATIONAL BANK CD 15SEP26FinancialCertificate of Deposit0.18%
THE FEDERAL BANK LIMITED CD 15SEP26FinancialCertificate of Deposit0.18%
IDBI BANK LIMITED CD 11SEP26FinancialCertificate of Deposit0.18%
EXPORT IMPORT BANK OF INDIA 91D CP 07SEP26FinancialCommercial Paper0.18%
AXIS SECURITIES LIMITED 91D CP 08SEP26UnspecifiedCommercial Paper0.18%
THE KARUR VYSYA BANK LIMITED CD 10SEP26FinancialCertificate of Deposit0.18%
ICICI SECURITIES LIMITED 91D CP 07SEP26FinancialCommercial Paper0.18%
CEAT LIMITED 90D CP 09SEP26Consumer DiscretionaryCommercial Paper0.18%
ADITYA BIRLA HOUSING FINANCE LIMITED 90D CP 19OCT26FinancialCommercial Paper0.18%
JULIUS BAER CAPITAL (INDIA) PRIVATE LIMITED 91D CP 21OCT26FinancialCommercial Paper0.18%
HDFC SECURITIES LIMITED 91D CP 19OCT26FinancialCommercial Paper0.18%
Sikka Ports and Terminals Ltd SR-PPD-6 Debenture 7.95 28/10/2026Energy & UtilitiesDebenture0.15%
LIC Housing Finance Ltd Debenture 7.83 25/09/2026FinancialDebenture0.10%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24B 7.49 LOA 15OT26 FVRS1LACFinancialDebenture0.10%
AXIS BANK LIMITED CD 11SEP26FinancialCertificate of Deposit0.09%
BANK OF BARODA CD 10SEP26FinancialCertificate of Deposit0.09%
UNION BANK OF INDIA CD 11SEP26FinancialCertificate of Deposit0.09%
KOTAK MAHINDRA INVESTMENTS LIMITED 329D CP 14SEP26FinancialCommercial Paper0.09%
HDFC BANK LIMITED CD 09SEP26FinancialCertificate of Deposit0.09%
AXIS BANK LIMITED CD 01SEP26FinancialCertificate of Deposit0.09%
HDFC SECURITIES LIMITED 91D CP 07SEP26FinancialCommercial Paper0.09%
AXIS SECURITIES LIMITED 86D CP 18SEP26UnspecifiedCommercial Paper0.09%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 11NOV26FinancialCommercial Paper0.09%
91 DAYS T-BILL - 24SEP2026FinancialTreasury Bills0.01%
Net ReceivablesUnspecifiedNet Receivables0.01%
See All

Minimum investments

Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+7.0%+6.4%+6.1%+6.8%
Category average (Debt Liquid)+6.8%+5.7%+6.0%--
Rank (Debt Liquid)61113--

Exit load, stamp duty and tax

Exit load

Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.
Check past data

Fund management

SV
Shalini Vasanta
Aug 2024 - Present
View details

KK
Kunal Khudania
Jan 2026 - Present
View details

Education
Chartered Accountant B.Com (Honors)
Experience
Prior to joing the DSP MF, he was associated with Mirae Asset Investment Managers India Private Ltd, Futures First Info Services Private Ltd,

About DSP Liquid Fund Direct Growth

DSP Liquid Fund Direct Growth is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. Shalini Vasanta is the Current Fund Manager of DSP Liquid Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,51,811 Cr and the Latest NAV as of 14 Sep 2026 is ₹4,065.86. The DSP Liquid Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. ;

Investment Objective

The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.
Fund benchmarkCRISIL Liquid Debt A-I Index

Fund house

Rank (total assets)#10 in India
Total AUM₹2,51,810.80 Cr
Date of Incorporation16 Dec 1996
Phone+91 22 6657 8000
E-mail--
Launch Date16 Dec 1996
AddressThe Ruby, 25th Floor29, Senapati Bapat Marg,Dadar (West), Mumbai Mumbai 400028
CustodianHongkong & Shanghai Banking Corporation
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,