HDFC Liquid Fund vs JM Financial Multi Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
6.83%
3Y Return
20.86%
Dekho, aapke paas do funds hain, HDFC Liquid Fund aur JM Financial Multi Cap Fund. Fund A ek liquid fund hai, jo risk se bachne ke liye best hai, jabki fund B ek multi cap fund hai, jo long-term wealth creation ke like hai. Aaj hum apne investors ke liye fund ke beech ka comparison karenge. Chaliye shuru karein.
| Parameter | AHDFC Liquid Fund - Direct Plan - Growth | BJM Financial Multi Cap Fund - Regular Plan - Growth |
|---|---|---|
| Fund House | HDFC Mutual Fund | JM Financial |
| Category | Liquid | Multi Cap |
| NAV (₹) | 5466.12 | 19.01 |
| AUM (₹ Cr) | 7.29 Lac Cr | 1.63 Lac Cr |
| Expense Ratio (%) | 0.2% | 1.68% |
| Riskometer | Low | Very High |
| Volatility | 0.11 | 14.35 |
| Sharpe Ratio | 3 | 1 |
| 1 Year Return (%) | 6.08% | 5.23% |
| 3 Year Return (%) | 6.83% | 20.86% |
| 5 Year Return (%) | 6.01% | 0% |
| Since Launch (%) | 34.46% | 21.47% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 2 April 2006 | 3 February 2023 |
| 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 500 Multicap 50:25:25 TRI |
| Top 3 Holdings | Reserve Bank of India (5.23%), Reserve Bank of India (4.44%), Reserve Bank of India (3.79%) | HDFC Bank Ltd. (6.5%), ICICI Bank Ltd. (5.8%), Reliance Industries Ltd. (4.9%) |
| 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% | Equity: 97.00% | T-Bills: 3.00% |
| Portfolio Turnover | 203% | 44% |
🤖 AI Verdict – Which is Better?
Sach ye hai, fund B, JM Financial Multi Cap Fund, long-term wealth creation ke liye best hai. Iska reason hai uska 3Y return, jo 20.86% hai. Iske alawa, iska expense ratio bhi thoda kam hai, 1.68%. Lekin, yeh fund bahut hi riski hai, jiski reason hai yeh ki iska riskometer very high hai. Haan, yeh fund aapke long-term wealth creation ke liye ek achha option hai, lekin aapko yeh fund ke saath aakarshit hone se pehle, apne risk taking capacity ko dhyan mein rakhna hoga.
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 Multi Cap Fund?
- Expense ratio: 1.68%
- 3Y return: 20.86%
- AUM: 1.63 Lac Cr
- Sharpe Ratio: 1
📈 SIP Suitability
SIP suitabilita ke liye, fund B, JM Financial Multi Cap Fund, thoda bhi better hai. Iska reason hai yeh ki iska 3Y return, jo 20.86% hai, usse bahut hi accha hai. Iske alawa, iska expense ratio bhi thoda kam hai, 1.68%. Lekin, yeh fund bahut hi riski hai, jiski reason hai yeh ki iska riskometer very high hai. Haan, yeh fund aapke long-term wealth creation ke liye ek achha option hai, lekin aapko yeh fund ke saath aakarshit hone se pehle, apne risk taking capacity ko dhyan mein rakhna hoga.
⚠️ Risk & Cost Analysis
Yeh dekhiye, fund A, HDFC Liquid Fund, riskometer ke liye low hai, jabki fund B, JM Financial Multi Cap Fund, very high hai. Iske alawa, fund A ka volatility bhi kam hai, 0.11, jabki fund B ka volatility 14.35 hai. Haan, yeh fund B ka expense ratio bhi 1.68% hai, jo fund A ka expense ratio se kam hai. Sach ye hai, fund A aapke risk-adjusted returns ke liye better hai.
📊 Portfolio Diversification
Yeh dekhiye, fund A, HDFC Liquid Fund, asset allocation ke liye bhi thoda bhi better hai. Iska reason hai yeh ki iska asset allocation CP, CD, T-Bills, Debenture, Bonds/NCD, Debt aur SDL ke beech bahut hi accha hai. Iske alawa, iska top holdings concentration bhi kam hai, Reserve Bank of India ke 3 holdings hain. Haan, yeh fund B ka asset allocation bhi thoda kam hai, Equity aur T-Bills ke beech. Sach ye hai, fund A ka portfolio diversification bahut hi accha hai.
SIP Calculator – Compare Growth Potential
HDFC Liquid Fund
₹862254.72
@6.8% annual return (3Y)
JM Financial Multi Cap Fund
₹2021967.48
@20.9% 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, fund B, JM Financial Multi Cap Fund, long run ke liye better returns deta hai. Iska reason hai yeh ki iska 3Y return 20.86% hai, jo fund A ka 3Y return se bahut hi accha hai.
Q2: Is the higher risk fund worth it?
Sach ye hai, fund B ka higher risk ke liye worth nahi hai. Iska reason hai yeh ki yeh fund bahut hi riski hai, jiski reason hai yeh ki iska riskometer very high hai. Haan, yeh fund aapke long-term wealth creation ke liye ek achha option hai, lekin aapko yeh fund ke saath aakarshit hone se pehle, apne risk taking capacity ko dhyan mein rakhna hoga.
Q3: Which fund is more cost-effective?
Haan, fund A, HDFC Liquid Fund, more cost-effective hai. Iska reason hai yeh ki iska expense ratio 0.2% hai, jo fund B ka expense ratio se kam 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