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Market-linked Low risk Verified record

Nippon India Liquid Fund — Direct Plan

Nippon India Mutual Fund · Mutual Funds

A debt fund holding very short-term instruments, used to park money for days or weeks.

₹6,993.14 NAV, direct plan · Published daily by AMFI

As of 16 Oct 2026. Rates change — check the source before acting.

Source: AMFI — mutual fund NAV data

Source Nippon India Mutual Fund — scheme page

mf.nipponindiaim.com/FundsAndPerformance/Pages/NipponIndia-Liquid-Fund.aspx

The fund house's own page for this scheme. NAV, expense ratio, exit load and the scheme documents are all published here.

How it works

Nippon India Liquid Fund — Direct Plan is a mutual funds product from Nippon India Mutual Fund, in the market-linked category: no promised return. A debt fund holding very short-term instruments, used to park money for days or weeks.

Because the return type is market-linked, the questions that matter most are: What exactly does this hold, and what would make it fall? Can I leave this money invested if it drops 30%?

  • Parking money between decisions
  • A slightly higher-return alternative to a savings account

Key facts

Provider
Nippon India Mutual Fund
Source
Nippon India Mutual Fund — scheme page ↗ https://mf.nipponindiaim.com/FundsAndPerformance/Pages/NipponIndia-Liquid-Fund.aspx
Rate
₹6,993.14 NAV, direct plan, as of 16 Oct 2026
Category
Mutual Funds
Minimum investment
₹100 typical minimum; confirm the scheme's current minimum
Tenure
No lock-in
Payout
Growth — no payout
Eligibility
Resident individuals and permitted non-resident categories, subject to KYC.
Getting your money back
Usually redeemable within one working day, subject to settlement rules.
Protection
No capital protection, but far less volatile than an equity fund.
Tax
Gains are taxed according to the holding period and the fund's debt classification.

What can go wrong

  • In stressed markets a liquid fund can deliver a negative day.
  • Returns are modest and may not beat inflation.
  • Exit loads or redemption limits can apply in unusual conditions.

Before you decide anything

  • The exit load period
  • The average maturity of the holdings

These are questions to take to the provider, not a checklist that makes a product suitable. Whether something fits your situation is a decision only you — or an adviser you choose — can make.

Official sources

These link to the regulator or provider where the rules for this type of product are set out. They are the pages worth checking before you act, because they are the ones that get updated.

Other products in this category

The same rules and the same kind of trade-offs, described the same way.