SBI Liquid Fund vs ICICI Prudential Liquid Fund
Updated June 2026 · both Liquid funds · metrics from AMFI NAVs
In short: ICICI Prudential Liquid Fund has the higher 3-year return (+6.97%). This is analysis from past data, not a recommendation.
| Metric | SBI Liquid Fund | ICICI Prudential Liquid Fund |
|---|---|---|
| 1Y return | +6.20% | +6.22% |
| 3Y CAGR | +6.93% | +6.97% |
| 5Y CAGR | +6.14% | +6.15% |
| Sharpe ratio | - | - |
| Max drawdown | -0.0% | -0.0% |
| Volatility | 0.4% | 0.4% |
| Alpha | -0.03% | +0.01% |
| Expense ratio (Direct) | 0.20% | 0.20% |
| AUM | ₹65.3K Cr | ₹54.0K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
ICICI Prudential Liquid Fund has the lower Direct-plan expense ratio (0.20%), versus 0.20% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
ICICI Prudential Liquid Fund has the higher 3-year CAGR (+6.97%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.