HDFC Liquid Fund vs JM Financial Liquid Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
6.83%
3Y Return
6.97%
Dekho, aapka fund investment ka decision lekar jyada confuse ho rahe hain. Aaj hum aapko dwaara Fund A - HDFC Liquid Fund aur Fund B - JM Financial Liquid Fund ke beech ki comparison karenge. Ye dono fund Liquid category mein hain aur aapko pata chalega ki inme se kisne aapki investment ko better returns diya.
| Parameter | AHDFC Liquid Fund - Direct Plan - Growth | BJM Financial Liquid Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | HDFC Mutual Fund | JM Financial |
| Category | Liquid | Liquid Fund |
| NAV (₹) | 5466.12 | 363.19 |
| AUM (₹ Cr) | 7.29 Lac Cr | 4.08 Lac Cr |
| Expense Ratio (%) | 0.2% | 0.12% |
| Riskometer | Low | Low |
| Volatility | 0.11 | 0.12 |
| Sharpe Ratio | 3 | 3.92 |
| 1 Year Return (%) | 6.08% | 6.21% |
| 3 Year Return (%) | 6.83% | 6.97% |
| 5 Year Return (%) | 6.01% | 6.16% |
| Since Launch (%) | 34.46% | 6.24% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 2 April 2006 | 8 March 2016 |
| Exit Load | Nil | Nil |
| Fund Manager | Dhruv Muchhal; Rohan Pillai; Swapnil Jangam (3.6 years yrs) | Asit Bhandarkar (3.5 years yrs) |
| Benchmark | NIFTY Liquid Index | NIFTY Liquid Index |
| Top 3 Holdings | Reserve Bank of India (5.23%), Reserve Bank of India (4.44%), Reserve Bank of India (3.79%) | State Bank of India CD (8.5%), HDFC Bank CD (7.2%), Reliance Industries T-Bills (6.8%) |
| Asset Allocation | CP: 47.67% | CD: 31.92% | T-Bills: 19.85% | Debenture: 2.05% | Bonds/NCD: 0.13% | Debt: 0.06% | SDL: 0.04% | T-Bills: 65.00% | CD: 20.00% | CP: 10.00% | Cash: 5.00% |
| Portfolio Turnover | 203% | 259% |
🤖 AI Verdict – Which is Better?
Haan, Fund B - JM Financial Liquid Fund aapke liye better hoga. 3Y return ke hisaab se iska return 6.97% hai, jo ki Fund A se 0.14% zyada hai. Lekin, expense ratio ko dekhte hue, yeh fund aapke liye cost-effective bhi hoga. Iska expense ratio 0.12% hai, jo ki Fund A ki 0.2% se kam hai. Isliye, Fund B aapke long-term wealth creation ke liye better fund hai.
Why consider HDFC Liquid Fund?
- Expense ratio: 0.2%
- 3Y return: 6.83%
- AUM: 7.29 Lac Cr
- Sharpe Ratio: 3
Why consider JM Financial Liquid Fund?
- Expense ratio: 0.12%
- 3Y return: 6.97%
- AUM: 4.08 Lac Cr
- Sharpe Ratio: 3.92
📈 SIP Suitability
SIP (Systematic Investment Plan) ke hisaab se dekhte hue, Fund A aapke liye better fund hai. Iska 3Y return Fund B se kam hai, lekin iska expense ratio bhi kam hai. Isliye, aapko Fund A ki consistency aur return stability ke liye invest karna chahiye. Chaliye, Fund A ki SIP se aapko better returns mil sakte hain.
⚠️ Risk & Cost Analysis
Riskometer, volatility aur Sharpe ratio ke hisaab se dekhte hue, Fund B aapke liye better fund hai. Iska Riskometer Low hai aur Sharpe ratio 3.92 hai, jo ki Fund A ki 3 se zyada hai. Iske alawa, Fund B ka expense ratio bhi kam hai. Isliye, Fund B aapke liye better risk-adjusted returns offer karta hai.
📊 Portfolio Diversification
Asset allocation aur top holdings concentration ke hisaab se dekhte hue, Fund A aapke liye better fund hai. Iska asset allocation mein CP, CD aur T-Bills ka share 99.06% hai, jo ki Fund B ki 99.00% se zyada hai. Iske alawa, Fund A ka top holdings mein Reserve Bank of India ka share 13.46% hai, jo ki Fund B ki 22.69% se kam hai. Isliye, Fund A aapke liye better portfolio diversification offer karta hai.
SIP Calculator – Compare Growth Potential
HDFC Liquid Fund
₹862254.72
@6.8% annual return (3Y)
JM Financial Liquid Fund
₹869015.12
@7.0% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
Sach ye hai ki Fund B 5Y return ke hisaab se 6.16% hai, jo ki Fund A ki 6.01% se zyada hai. Isliye, Fund B aapke liye better returns offer karta hai.
Q2: Is the higher risk fund worth it?
Haan, Fund B ka Sharpe ratio 3.92 hai, jo ki Fund A ki 3 se zyada hai. Iske alawa, Fund B ka expense ratio 0.12% hai, jo ki Fund A ki 0.2% se kam hai. Isliye, Fund B aapke liye better risk-adjusted returns offer karta hai.
Q3: Which fund is more cost-effective?
Sach ye hai ki Fund B ka expense ratio 0.12% hai, jo ki Fund A ki 0.2% se kam hai. Isliye, Fund B aapke liye better cost-effective fund hai.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price