Liquid funds: yield and credit quality
What every liquid fund's bonds yield, how much rates move it, and how its money is rated, from August 2026 portfolios.
These figures are from August 2026 portfolios.
Fund houses have published newer portfolios since, which are not yet in our data, so yields, duration and ratings may have changed. Check the fund's latest factsheet before investing.
Average yield to maturity
6.07%
5.92% after costs
Average modified duration
0.12 yrs
about −0.1% if rates rise 1%
Highest yield after costs
6.55%
LIC MF Liquid Fund
Average credit quality
91%
Sovereign or AAA
Direct plan, Growth option. Yield and ratings are the portfolio's; the plan changes only the expense ratio.
| Fund | Credit qualityshare of the fund | ||||||
|---|---|---|---|---|---|---|---|
| Category average | 6.07% | 5.92% | 0.12 yrs | 0.12 yrs | 0.6% | ||
| 6.68% | 6.55% | 0.15 yrs | 0.15 yrs | 0.3% | ₹12,872 Cr | ||
| 6.58% | 6.51% | 0.15 yrs | 0.16 yrs | 0.3% | ₹5,014 Cr | ||
| 6.52% | 6.42% | 0.17 yrs | 0.17 yrs | 0.3% | ₹11,741 Cr | ||
| 6.49% | 6.40% | 0.16 yrs | 0.17 yrs | 0.3% | ₹14,887 Cr | ||
| 6.42% | 6.34% | 0.16 yrs | 0.17 yrs | 0.3% | ₹5,027 Cr | ||
| 6.48% | 6.33% | 0.16 yrs | 0.16 yrs | 0.2% | ₹42,047 Cr | ||
| 6.43% | 6.33% | 0.16 yrs | 0.16 yrs | 0.2% | ₹748 Cr | ||
| 6.42% | 6.27% | 0.10 yrs | 0.11 yrs | 0.3% | ₹1,041 Cr | ||
| 6.37% | 6.24% | 0.14 yrs | 0.14 yrs | 0.2% | ₹53,470 Cr | ||
| 6.38% | 6.24% | 0.10 yrs | 0.13 yrs | 0.3% | ₹6,727 Cr | ||
| 6.39% | 6.24% | 0.14 yrs | 0.14 yrs | 0.3% | ₹27,453 Cr | ||
| 6.30% | 6.22% | 0.15 yrs | 0.15 yrs | 1.6% | ₹12,914 Cr | ||
| 6.34% | 6.20% | 0.09 yrs | 0.10 yrs | 0.2% | ₹4,811 Cr | ||
| 6.35% | 6.20% | 0.13 yrs | 0.13 yrs | 0.2% | ₹22,395 Cr | ||
| 6.33% | 6.20% | 0.17 yrs | 0.17 yrs | 0.0% | ₹276 Cr | ||
| 6.39% | 6.19% | 0.14 yrs | 0.15 yrs | 0.3% | ₹66,295 Cr | ||
| 6.39% | 6.19% | 0.14 yrs | 0.15 yrs | 0.3% | ₹55,340 Cr | ||
| 6.25% | 6.18% | 0.13 yrs | 0.13 yrs | 0.3% | ₹16,269 Cr | ||
| 6.27% | 6.16% | 0.13 yrs | 0.14 yrs | 0.3% | ₹5,228 Cr | ||
| 6.23% | 6.15% | 0.13 yrs | 0.14 yrs | 0.2% | ₹6,863 Cr | ||
| 6.24% | 6.13% | 0.15 yrs | 0.15 yrs | 0.2% | ₹124 Cr | ||
| 6.24% | 6.12% | 0.09 yrs | 0.00 yrs | 0.9% | ₹24,726 Cr | ||
| 6.23% | 6.12% | 0.13 yrs | 0.13 yrs | 0.3% | ₹301 Cr | ||
| 6.31% | 6.10% | 0.10 yrs | 0.10 yrs | 0.3% | ₹61,167 Cr | ||
| 6.24% | 6.08% | 0.12 yrs | 0.13 yrs | 2.0% | ₹1,701 Cr | ||
| 6.27% | 6.07% | 0.10 yrs | 0.10 yrs | 0.8% | ₹40,490 Cr | ||
| 6.20% | 6.07% | 0.14 yrs | 0.15 yrs | 0.3% | ₹727 Cr | ||
| 6.23% | 6.07% | 0.14 yrs | 0.15 yrs | 0.1% | ₹547 Cr | ||
| 6.14% | 6.04% | 0.09 yrs | 0.10 yrs | 0.3% | ₹852 Cr | ||
| 6.15% | 6.04% | 0.11 yrs | 0.11 yrs | 4.7% | ₹1,438 Cr | ||
| 6.09% | 6.00% | 0.13 yrs | 0.13 yrs | 0.3% | ₹1,874 Cr | ||
| 6.18% | 5.98% | 0.09 yrs | 0.09 yrs | 0.3% | ₹77,481 Cr | ||
| 6.06% | 5.96% | 0.11 yrs | 0.11 yrs | 0.2% | ₹8,256 Cr | ||
| 6.19% | 5.96% | 0.10 yrs | 0.10 yrs | 0.2% | ₹28,037 Cr | ||
| 6.09% | 5.96% | 0.10 yrs | 0.11 yrs | 0.2% | ₹23,038 Cr | ||
| 6.13% | 5.94% | 0.13 yrs | 0.13 yrs | 0.2% | ₹617 Cr | ||
| 6.12% | 5.89% | 0.14 yrs | 0.14 yrs | 0.6% | ₹529 Cr | ||
| 5.99% | 5.83% | 0.17 yrs | 0.17 yrs | 0.4% | ₹52.08 Cr | ||
| 6.02% | 5.82% | 0.11 yrs | 0.12 yrs | 0.3% | ₹1,016 Cr | ||
| 5.80% | 5.65% | 0.11 yrs | 0.11 yrs | 0.3% | ₹543 Cr | ||
| 5.82% | 5.51% | 0.08 yrs | 0.08 yrs | 0.7% | ₹1,149 Cr | ||
| 5.76% | 5.50% | 0.07 yrs | 0.08 yrs | 0.6% | ₹81.56 Cr | ||
| 4.84% | 4.75% | 0.00 yrs | 0.00 yrs | 3.4% | ₹20.91 Cr | ||
| 0.00% | -0.24% | 0.00 yrs | 0.00 yrs | 0.0% | ₹14.77 Cr |
44 funds. Red in Below AAA: 10% or more rated A or lower, or unrated. Hover a credit bar for the split. Click a heading to sort.
What is the yield to maturity of a liquid fund?
The yearly return the fund's bonds would earn if each were held to maturity at today's prices and paid in full. Take away the expense ratio for a rough guide to what an investor keeps if interest rates stay where they are. It is not a promised return: rates change, and so do the bonds the fund holds.
What does modified duration tell me?
How much the NAV moves when interest rates move. A fund with a modified duration of 4 years would fall about 4% if rates rose by 1%, and gain about 4% if they fell by 1%. Overnight and liquid funds sit near zero; gilt and long duration funds can be 7 to 10.
How is credit quality grouped?
From the ratings in each fund's latest portfolio: Sovereign (government securities and T-bills), AAA and A1+ (the highest long and short-term ratings), AA (including short-term A1), A and below, and unrated. What the ratings do not cover, such as cash and REITs, is shown as Cash and other.
How current are these figures?
They come from each fund's portfolio disclosure as received from our data provider, and the page names the month. Yield, duration and ratings only change when a fund house publishes a new portfolio, so they are not daily figures. When a newer disclosure should already be out and is not yet in our data, the page says so.
Is a higher yield better?
A higher yield is usually paid for with lower-rated bonds or longer duration. Read it beside the Below AAA share and the duration: two funds with the same yield can carry very different risks.
Portfolio figures from our data provider, PulseLabs, as disclosed by each fund house. Yield to maturity is not a guaranteed return. Past performance does not indicate future returns.