Debt · Debt Scheme - Liquid Fund

ICICI Prudential Liquid Fund

ICICI Prudential · Direct Plan · Growth · as of 2026-10-22

₹422.78 -0.01% today

Open in live screener →

Key metrics

Latest NAV

₹422.78

Day change

-0.01%

Volatility

0.1%

Sharpe

-0.64

Max drawdown

-0.2%

Expense ratio

0.17%

AUM

₹57,202 Cr

Category rank

24 / 44

Further reading: Median maximum drawdown by fund category, measured across 1,767 funds

Trailing returns

Period	1W	1M	3M	6M	1Y	3Y	5Y	7Y	10Y
Return	0.06%	0.40%	1.49%	3.12%	6.41%	6.89%	6.38%	5.70%	6.10%

Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.

NAV history

Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.

About this fund

ICICI Prudential Liquid Fund is a liquid/money-market debt fund offered by ICICI Prudential Mutual Fund, classified under Debt as Debt Scheme - Liquid Fund. These funds are generally among the lowest-volatility fund types. Its latest NAV is ₹422.78, with assets under management of about ₹57,202 Cr (April - June 2026).

Further reading: What a category rank actually tells you

Performance analysis

Over the trailing one year, ICICI Prudential Liquid Fund has recorded a return of about 6.4%, with a three-year return of 6.9% and a five-year return of 6.4%. Its annualised volatility is 0.1% — relatively low fluctuations — and its Sharpe ratio is -0.64, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.17%, deducted daily from the NAV.

Further reading: Reading a fund page: what each number does and doesn't say

Rolling returns

Window	Avg	Median	Min	Max	% Pos	% >12
1Y	6.08	6.68	3.27	7.59	100%	0%
3Y	5.87	6.10	4.11	7.17	100%	0%
5Y	5.57	5.44	5.26	6.38	100%	0%
7Y	5.80	5.80	5.70	5.90	100%	0%
10Y	6.13	6.13	6.10	6.14	100%	0%

Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.

Further reading: Why a single trailing return misleads, measured across 830 funds

Frequently asked questions

What does ICICI Prudential Liquid Fund invest in?

It invests primarily in very short-term money-market instruments.

How is this fund classified?

It is a Debt Scheme - Liquid Fund fund in the Debt group.

How often is the NAV updated?

Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.

What is its expense ratio?

0.17% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.

How is the rolling return calculated?

Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.

Is past performance a guarantee of future returns?

No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.

Compare with peers

Further reading: Every fund measured against the best performer in its own category

Similar Debt Scheme - Liquid Fund

Fund	1M	3M	6M	1Y	3Y	5Y	10Y	TER %
LIC MF Liquid Fund Debt Scheme - Liquid Fund	0.41	1.49	3.11	6.42	6.89	6.38	6.12	0.11
UTI - Liquid Fund Debt Scheme - Liquid Fund	0.42	1.52	3.15	6.48	6.92	6.42	6.12	0.14
Axis Liquid Fund Debt Scheme - Liquid Fund	0.42	1.52	3.17	6.52	6.96	6.45	6.15	0.11
JM Liquid Fund Debt Scheme - Liquid Fund	0.41	1.50	3.10	6.34	6.82	6.35	6.08	0.14
Invesco India Liquid Fund Debt Scheme - Liquid Fund	0.40	1.51	3.14	6.43	6.90	6.38	6.08	0.13
Quant Liquid Fund Debt Scheme - Liquid Fund	0.38	1.43	2.90	6.02	6.71	6.31	6.32	0.26
360 ONE Liquid Fund Debt Scheme - Liquid Fund	0.39	1.48	2.97	6.22	6.70	6.22	5.73	0.20
PGIM India Liquid Fund Debt Scheme - Liquid Fund	0.44	1.52	3.17	6.48	6.94	6.43	6.16	0.10

More funds from ICICI Prudential

Fund	1M	3M	6M	1Y	3Y	5Y	10Y	TER %
ICICI Prudential Small Cap Fund Equity Scheme - Small Cap Fund	-6.49	-3.11	0.13	-1.71	8.87	12.22	15.20	0.70
ICICI Prudential ELSS - Tax Saver Fund Equity Scheme - ELSS	-5.19	-5.73	-5.91	-9.30	9.20	7.95	11.77	0.95
ICICI Prudential Technology Fund Sectoral/Thematic - Technology/IT	4.53	7.13	6.19	-6.26	7.51	3.74	17.68	0.89
ICICI Prudential Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund	-8.36	-9.30	-8.54	-9.16	12.21	12.08	14.25	0.67
ICICI Prudential Multi Cap Fund Equity Scheme - Multi Cap Fund	-8.57	-8.36	-5.75	-2.69	12.34	12.18	13.47	0.78
ICICI Prudential Dynamic Term Fund Debt Scheme - Dynamic Bond Fund	-1.28	-0.74	1.42	3.32	7.19	6.75	7.71	–
ICICI Prudential Conservative Hybrid Fund Hybrid Scheme - Conservative Hybrid Fund	-1.41	-1.55	-0.06	1.05	8.24	7.81	9.06	–
ICICI Prudential Medium to Long Term Fund Debt Scheme - Medium to Long Duration Fund	-1.46	-1.33	1.01	2.21	6.69	6.05	6.89	–

Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.