Abakkus Liquid Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Abakkus Liquid Fund Direct Growth Plan currently has a NAV of ₹104.5508 as of 16 Sep 2026 and an AUM of ₹559 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%, and the scheme carries a Balanced Risk label.

Our view is that this is a short-duration cash-management style fund rather than a long-history compounding story. The portfolio is dominated by repo, certificates of deposit and short-dated money-market paper, so the return pattern and the portfolio structure both point to a stability-first profile, though the scheme’s own return history is still very short.

Quick facts

Particular	Details
NAV	₹104.5508 as of 16 Sep 2026
AUM	₹559 Cr
Expense Ratio	0.0%
Launch Date	12 Dec 2025
Min SIP	₹500
Risk Category	Balanced Risk
Benchmark	Nifty 50
Fund Category	Liquid
Exit Load	0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, NIL on or after 7D
Fund Managers	Abhishek Srinivas, Sanjay Doshi

The fund is managed by Abhishek Srinivas and Sanjay Doshi.

Source data date: as of 16 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	0.49%	-4.41%
3M	1.53%	-3.6%
1Y	0%	Data not available
3Y	0%	Data not available
5Y	0%	Data not available

Recent performance has been steady rather than exciting. The fund’s 1-month and 3-month figures are positive, while the benchmark window we can compare against has been weak over the same periods, so the fund has held up better in the short run.

That said, the scheme was launched only on 12 Dec 2025, so the displayed 1-year, 3-year and 5-year figures do not yet reflect a long operating history. For a liquid fund, that matters because the early record is short and should be read mainly as an indication of how the portfolio has behaved in a narrow window, not as proof of a full market-cycle pattern.

The time pattern in the period data suggests low day-to-day drift rather than large swings. Our view is that this fits a liquidity-oriented mandate: the objective is usually to preserve capital and stay close to cash-like behaviour, and the short-term comparison with the benchmark does not show the kind of volatility gap you would expect from an equity-style product.

In practical terms, the fund looks more useful for parking money with limited price movement than for trying to build return momentum. The benchmark weakness in the recent windows also means the fund’s modest positive numbers come across as defensive, but the short history means we would avoid reading too much into the numeric record beyond that.

Source data date: as of 16 Sep 2026

Should you BUY or HOLD Abakkus Liquid?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

Already holding Abakkus Liquid? Thinking of investing now?

Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium

Peer comparison

Fund	1Y return	3Y return	5Y return
Abakkus Liquid Fund Direct Growth Plan	0%	0%	0%
Aditya Birla SL Liquid Fund Direct Growth Plan	6.59%	7.02%	6.41%
Axis Liquid Fund Direct Growth Plan	6.59%	7.01%	6.4%
Sundaram Liquid Fund Direct Growth Plan	6.58%	7%	6.38%
JioBlackRock Liquid Fund Direct Growth Plan	6.57%	Data not available	Data not available
Nippon India Liquid Fund Direct Growth Plan	6.56%	6.99%	6.37%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The gap versus the peer set is large on the visible return fields, but that comparison needs a little context. The current fund’s reported returns are still effectively not meaningful for a scheme with a launch date in late 2025, while the named liquid peers show stable positive 1-year numbers in the mid-6% range and similarly steady 3-year and 5-year outcomes where available.

The short-term comparison and the longer-term comparison tell the same broad story for the peers, but not yet for this fund. For Abakkus Liquid Fund Direct Growth Plan, the available figures are too brief to establish a mature long-run pattern, so the more useful takeaway is that it has not yet built a return track record comparable to the established funds listed here.

Source data date: as of 16 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Triparty Repo	Cash & Cash Equivalents and Net Assets	12.72%
Small Industries Dev Bank of India (03/09/2026)	Commercial Paper	4.47%
Bank of Baroda (10/09/2026) ** #	Certificate of Deposit	4.46%
Canara Bank (15/09/2026) ** #	Certificate of Deposit	4.46%
Punjab National Bank (15/09/2026) #	Certificate of Deposit	4.46%
Axis Bank Limited (15/10/2026) ** #	Certificate of Deposit	4.44%
Indian Bank (27/10/2026) ** #	Certificate of Deposit	4.43%
REC Limited (22/10/2026) **	Commercial Paper	4.43%
Export Import Bank of India (11/11/2026) ** #	Certificate of Deposit	4.42%
HDFC Bank Limited (13/11/2026) #	Certificate of Deposit	4.41%

The top 10 holdings account for approximately 52.7% of the portfolio.

To see all holdings, visit the Abakkus Liquid Fund Direct Growth Plan page

The largest holding, Triparty Repo, is 12.72% of the portfolio, which gives it the highest single-position influence in the disclosed basket. After that, the weights step down into a fairly tight band around 4.4% to 4.5%, so the gap from the first holding to the tenth is material, but the rest of the visible book is still clustered rather than stretched across very large positions.

That profile suggests the fund may be managing liquidity through a mix of repo and short-dated paper, with several positions of similar size rather than one dominant credit exposure. Because the top 10 disclosed holdings together make up 52.7% of the portfolio and the scheme shows 28 total holdings, the remaining exposure is spread across a longer tail beyond the visible list.

For an investor, that means the portfolio is likely to have greater influence from money-market style instruments than from any one issuer. The concentration level is not extreme in the disclosed slice, but the large share of repo and short-dated bank and financial paper still points to a conservative, cash-like construction.

Source data date: as of 16 Sep 2026

Who should invest

This fund fits investors who are comfortable with low-to-moderate market movement and want a liquid category holding rather than a growth engine. The Balanced Risk label and the repo-heavy, short-dated portfolio point toward a conservative posture, while the short return history means the main appeal is capital parking and liquidity management.

The better fit is a short to medium horizon where stability matters more than upside. Compared with the benchmark and the liquid peers listed here, the fund has not yet developed a mature return record, so the trade-off is simple: you may get a steadier, cash-like profile, but not a long track record that demonstrates how it behaves through many market conditions.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load applies in small steps during the first six days: 0.007% on Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, and 0.0045% on Day 6. There is no exit load on or after 7 days.

Source data date: as of 16 Sep 2026

Frequently asked questions

What is the current NAV of Abakkus Liquid Fund Direct Growth Plan?

The current NAV is ₹104.5508 as of 16 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?

The fund’s 1-year, 3-year and 5-year returns are 0%, 0% and 0%.

How does the fund compare with the benchmark?

In the recent windows shown here, the fund has been positive while the benchmark has been weak. The 1-month return is 0.49% versus -4.41% for the benchmark, and the 3-month return is 1.53% versus -3.6%.

How does it compare with the listed peer liquid funds?

The listed peers show mid-6% 1-year returns, with 3-year and 5-year figures also around the same range where available. This fund does not yet have a comparable long return history because it launched in December 2025.

What is the minimum SIP amount?

The minimum SIP amount is ₹500.

What is the fund’s risk profile and exit load?

The scheme is marked Balanced Risk. Exit load reduces from Day 1 to Day 6 and becomes nil on or after 7 days.

Bottom line

Abakkus Liquid Fund Direct Growth Plan is still too new to judge on a mature long-term return record, so the visible performance picture is mostly about short-window steadiness. Against the listed liquid peers, the fund does not yet show a comparable track record, while its portfolio leans on repo, CDs and short-dated paper. That makes it more suitable for investors looking for a conservative, liquidity-oriented holding with limited price movement rather than a return-seeking core position.

Published on 17 September 2026 at 1:48 PM IST

Explore mutual funds with Univest

Review mutual fund data, compare performance and explore fund insights on Univest.

Explore Univest

RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.