Aditya Birla Sun Life Liquid Fund

An Open ended Liquid Scheme. A relatively low interest rate risk and moderate credit risk.

February 2026

Debt Scheme


Investment Objective
The objective of the scheme is to provide reasonable returns at a high level of safety and liquidity through Investment Objective judicious investments in high quality debt and money market instruments. The Scheme does not guarantee/indicate any returns. There is no assurance that the objective of the Scheme will be achieved.
Fund Category: Liquid Fund
Scheme Rating: [ICRA]A1+mfs/ CARE AAA mfs
Fund Snapshot
Date of Allotment : Jun 16, 1997
Benchmark: Nifty Liquid Index A-I
Fund Manager - Mr. Kaustubh Gupta
Managing the Fund Since: July 15, 2011
Experience in Managing the Fund: 14.6 Years
Fund Manager - Ms. Sunaina Da Cunha
Managing the Fund Since: Jun 09, 2021
Experience in Managing the Fund: 4.7 Years
Fund Manager - Mr. Sanjay Pawar
Managing the Fund Since: July 01, 2022
Experience in Managing the Fund: 3.7 Years
SIP:
Daily/Weekly/Monthly: Minimum ₹ 100/-and in multiples of ₹ 1/- thereafter
Application Amount for fresh subscription:
₹ 100 (plus in multiplies of ₹ 1)
Minimum Additional Investment:
₹ 100 (plus in multiplies of ₹ 1)
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load: NIL
Exit Load: 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 7-0.0000%
AUM as on February 27, 2026 (in ₹Crore)
Month End AUM 50,956.78
Monthly Average AUM 58,514.43
Total Expense Ratio (TER)
Regular 0.35%
Direct 0.21%
Including additional expenses and goods and service tax on management fees.
NAV as on February 27, 2026
Regular Growth 437.13
Regular IDCW$ 100.21
Regular IDCW$ 114.67
Regular IDCW$ 100.24
Retail Growth 709.38
Retail IDCW$ 163.72
IP Growth 727.97
IP IDCW$ 108.04
IP IDCW$ 108.21
Direct Growth 442.79
Direct IDCW$ 100.21
Direct IDCW$ 150.72
Direct IDCW$ 100.24
$Income Distribution cum capital withdrawal
Top 10 Sectoral Contribution (in %)
Rating Profile of Portfolio
Instrument Profile
Instrument Name
% Net Assets
Certificate of Deposit
49.48%
Commercial Papers
40.44%
Sovereign
13.37%
Bonds & Debentures
1.16%
Others
0.27%
Cash & cash equivalent
-4.72%
Volatility Measures
Modified Duration
0.14 years
Average Maturity
0.14 years
Yield to Maturity
6.54%
Macaulay Duration
0.14 years
Portfolio Holdings as on February 27, 2026
( • Top Ten Holdings - Issuerwise)
Sector/Issuer Name
Rating
% to Net Assets
Debt & Debt Related
Money Market Instruments  
89.92%
• RBL Bank Limited ICRA A1+
4.81%
• Small Industries Development Bank of India CRISIL A1+
4.80%
• IndusInd Bank Limited CRISIL A1+
2.80%
• National Bank For Agriculture and Rural Development ICRA A1+
2.67%
• Union Bank of India ICRA A1+
2.40%
• Karur Vysya Bank Limited ICRA A1+
1.93%
• The Jammu & Kashmir Bank Limited CRISIL A1+
1.92%
• PNB Housing Finance Limited CRISIL A1+
1.92%
Canara Bank ICRA A1+
1.90%
Punjab & Sind Bank ICRA A1+
1.90%
Yes Bank Limited CRISIL A1+
1.54%
Bank of India CRISIL A1+
1.43%
RBL Bank Limited ICRA A1+
1.42%
Union Bank of India ICRA A1+
1.38%
Small Industries Development Bank of India CRISIL A1+
1.35%
HDFC Bank Limited ICRA A1+
1.33%
RBL Bank Limited ICRA A1+
1.23%
Small Industries Development Bank of India CRISIL A1+
1.16%
Axis Bank Limited ICRA A1+
1.14%
Canara Bank ICRA A1+
1.04%
IIFL Finance Limited ICRA A1+
1.01%
National Bank For Agriculture and Rural Development ICRA A1+
0.96%
Punjab & Sind Bank ICRA A1+
0.96%
Small Industries Development Bank of India CRISIL A1+
0.96%
State Bank of India CRISIL A1+
0.96%
HDFC Bank Limited ICRA A1+
0.95%
Reliance Retail Ventures Limited CRISIL A1+
0.95%
City Union Bank Limited ICRA A1+
0.95%
Union Bank of India ICRA A1+
0.90%
Punjab & Sind Bank ICRA A1+
0.87%
Bank of India CRISIL A1+
0.86%
Union Bank of India ICRA A1+
0.81%
IndusInd Bank Limited CRISIL A1+
0.77%
ICICI Securities Limited ICRA A1+
0.77%
Sharekhan Ltd ICRA A1+
0.77%
Bajaj Financial Securities Limited CRISIL A1+
0.77%
Reliance Retail Ventures Limited CRISIL A1+
0.76%
Motilal Oswal Financial Services Limited ICRA A1+
0.76%
Small Industries Development Bank of India CRISIL A1+
0.67%
Yes Bank Limited CRISIL A1+
0.66%
HDFC Bank Limited ICRA A1+
0.62%
Indian Bank CRISIL A1+
0.62%
Bajaj Finance Limited ICRA A1+
0.58%
Sharekhan Ltd ICRA A1+
0.58%
Axis Securities Limited ICRA A1+
0.58%
Manappuram Finance Limited CRISIL A1+
0.58%
Bajaj Financial Securities Limited CRISIL A1+
0.58%
IDBI Bank Limited ICRA A1+
0.57%
Network 18 Media & Investments Limited ICRA A1+
0.57%
Hero Fincorp Limited ICRA A1+
0.57%
Hero Fincorp Limited ICRA A1+
0.57%
Nuvama Clearing Services Ltd ICRA A1+
0.53%
Sharekhan Ltd ICRA A1+
0.48%
ICICI Securities Limited ICRA A1+
0.48%
Bank of Baroda CARE A1+
0.48%
Punjab National Bank ICRA A1+
0.48%
Cholamandalam Investment and Finance Company Limited ICRA A1+
0.48%
IIFL Finance Limited ICRA A1+
0.48%
Julius Baer Capital India Private Limited ICRA A1+
0.48%
Bajaj Finance Limited ICRA A1+
0.48%
Mahindra & Mahindra Financial Services Limited CRISIL A1+
0.48%
Indian Bank CRISIL A1+
0.48%
Canara Bank ICRA A1+
0.48%
Kotak Mahindra Bank Limited CRISIL A1+
0.48%
IDBI Bank Limited ICRA A1+
0.48%
Godrej Housing Finance Limited ICRA A1+
0.48%
Julius Baer Capital India Private Limited ICRA A1+
0.47%
Bharti Telecom Limited ICRA A1+
0.47%
Karur Vysya Bank Limited ICRA A1+
0.47%
DCB Bank Limited CRISIL A1+
0.47%
Axis Bank Limited ICRA A1+
0.43%
Bank of India CRISIL A1+
0.39%
IndusInd Bank Limited CRISIL A1+
0.39%
Axis Securities Limited ICRA A1+
0.39%
Poonawalla Fincorp Limited CRISIL A1+
0.39%
SBICAP Securities Limited ICRA A1+
0.39%
DSP Investment Managers Pvt Ltd ICRA A1+
0.38%
Tata Housing Development Company Limited CARE A1+
0.38%
IDFC First Bank Limited CRISIL A1+
0.38%
Bank of India CRISIL A1+
0.38%
Small Industries Development Bank of India CRISIL A1+
0.38%
Sector/Issuer Name
Rating
% to Net Assets
DSP Investment Managers Pvt Ltd ICRA A1+
0.38%
Cholamandalam Investment and Finance Company Limited ICRA A1+
0.38%
Punjab National Bank ICRA A1+
0.34%
Axis Bank Limited ICRA A1+
0.33%
Manappuram Finance Limited CRISIL A1+
0.29%
Reliance Retail Ventures Limited CRISIL A1+
0.29%
IndusInd Bank Limited CRISIL A1+
0.29%
Birla Group Holdings Private Limited ICRA A1+
0.29%
Julius Baer Capital India Private Limited ICRA A1+
0.29%
Punjab National Bank ICRA A1+
0.29%
Tata Housing Development Company Limited CARE A1+
0.29%
DSP Investment Managers Pvt Ltd ICRA A1+
0.29%
DSP Investment Managers Pvt Ltd ICRA A1+
0.29%
Union Bank of India ICRA A1+
0.29%
ONGC Petro Additions Limited ICRA A1+
0.29%
Bank of Baroda IND A1+
0.28%
Central Bank of India CRISIL A1+
0.28%
HSBC InvestDirect Financial Services India Ltd CRISIL A1+
0.28%
Nuvama Wealth Finance Ltd ICRA A1+
0.28%
Deutsche Investments India Private Limited ICRA A1+
0.24%
DSP Investment Managers Pvt Ltd ICRA A1+
0.24%
DSP Investment Managers Pvt Ltd ICRA A1+
0.24%
ALEMBIC PHARMACEUTICALS LIMITED CRISIL A1+
0.19%
Kotak Securities Limited ICRA A1+
0.19%
Fedbank Financial Services Ltd ICRA A1+
0.19%
Blue Star Limited CRISIL A1+
0.19%
Muthoot Finance Limited ICRA A1+
0.19%
Mirae Asset Capital Markets India Pvt Ltd ICRA A1+
0.19%
ICICI Securities Limited ICRA A1+
0.19%
SBICAP Securities Limited ICRA A1+
0.19%
Godrej Properties Limited ICRA A1+
0.19%
Godrej Properties Limited ICRA A1+
0.19%
Barclays Invest & Loans India Limited ICRA A1+
0.19%
Infina Finance Private Limited ICRA A1+
0.19%
SBICAP Securities Limited ICRA A1+
0.19%
Hero Fincorp Limited ICRA A1+
0.19%
Bajaj Financial Securities Limited CRISIL A1+
0.19%
SBICAP Securities Limited ICRA A1+
0.19%
SBICAP Securities Limited ICRA A1+
0.19%
Julius Baer Capital India Private Limited ICRA A1+
0.19%
National Bank For Agriculture and Rural Development ICRA A1+
0.19%
The Federal Bank Limited CRISIL A1+
0.19%
Bank of Baroda IND A1+
0.19%
DCB Bank Limited CRISIL A1+
0.19%
Cholamandalam Investment and Finance Company Limited ICRA A1+
0.19%
Manappuram Finance Limited CRISIL A1+
0.19%
Mirae Asset Sharekhan Financial Services Ltd CRISIL A1+
0.19%
Godrej Properties Limited ICRA A1+
0.14%
Motilal Oswal Financial Services Limited ICRA A1+
0.14%
Godrej Industries Limited ICRA A1+
0.14%
Godrej Industries Limited ICRA A1+
0.14%
Godrej Industries Limited ICRA A1+
0.14%
Birla Group Holdings Private Limited ICRA A1+
0.10%
IDBI Capital Markets & Securities Ltd CARE A1+
0.10%
Muthoot Finance Limited ICRA A1+
0.10%
Tata Housing Development Company Limited CARE A1+
0.10%
HSBC InvestDirect Financial Services India Ltd CRISIL A1+
0.10%
Small Industries Development Bank of India CRISIL A1+
0.10%
IDFC First Bank Limited CRISIL A1+
0.10%
Hero Housing Finance Ltd ICRA A1+
0.09%
HDFC Bank Limited ICRA A1+
0.09%
Cholamandalam Securities Ltd ICRA A1+
0.09%
Bank of Baroda CARE A1+
0.05%
TREASURY BILLS  
12.31%
• Government of India SOV
5.28%
• Government of India SOV
4.54%
Government of India SOV
0.96%
Government of India SOV
0.58%
Government of India SOV
0.38%
Government of India SOV
0.34%
Government of India SOV
0.18%
Government of India SOV
0.06%
Fixed rates bonds - Corporate  
1.16%
Small Industries Development Bank of India ICRA AAA
0.78%
Power Finance Corporation Limited ICRA AAA
0.33%
REC Limited ICRA AAA
0.05%
Government Bond  
0.87%
5.63% GOI 12APR2026 SOV
0.87%
Alternative Investment Funds (AIF)  
0.27%
Corporate Debt Market Development Fund  
0.27%
State Government bond  
0.19%
8.28% KARNATAKA 06MAR2026 SDL SOV
0.19%
Net Cash and Cash Equivalent  
-4.72%
Grand Total  
100.00%
Scheme Name
Aditya Birla Sun Life Liquid Fund
An Open ended Liquid Scheme. A relatively low interest rate risk and moderate credit risk.
This product is suitable for investors who are seeking*:
  • Reasonable returns with high levels of safety convenience of liquidity over short term
  • Investments in high quality debt and money instruments with maturity of upto 91 days
Risk-o-meter
Benchmark Risk-o-meter
Nifty Liquid Index A-I
*Investors should consult their financial advisors if in doubt whether the product is suitable for them.