ICICI Prudential Liquid Fund vs Baroda BNP Paribas Liquid Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
6.93%
3Y Return
6.92%
Aaj hum do liquid funds ke beech karte hain - ICICI Prudential Liquid Fund aur Baroda BNP Paribas Liquid Fund. Ye donon funds apne low-risk aur stable returns ke liye jaane jaate hain. Chaliye dekhte hain ki in donon funds ke beech kya aur kya aisa hai.
| Parameter | AICICI Prudential Liquid Fund - Direct Plan - Growth | BBaroda BNP Paribas Liquid Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | ICICI Prudential | Baroda BNP Paribas |
| Category | Liquid | Liquid Fund |
| NAV (₹) | 411.88 | 3208.35 |
| AUM (₹ Cr) | 4.74 Lac Cr | 3.89 Lac Cr |
| Expense Ratio (%) | 0.12% | 0.12% |
| Riskometer | Low | Low |
| Volatility | 0.12 | 0.11 |
| Sharpe Ratio | 3.58 | 3.82 |
| 1 Year Return (%) | 6.15% | 6.16% |
| 3 Year Return (%) | 6.93% | 6.92% |
| 5 Year Return (%) | 6.11% | 6.14% |
| Since Launch (%) | 6.84% | 6.88% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 1 January 2013 | 1 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Nikhil Kabra; Ritesh Lunawat (4.8 years yrs) | Sanjay Chawla (3.5 years yrs) |
| Benchmark | NIFTY Liquid Index | NIFTY Liquid Index |
| Top 3 Holdings | State Bank of India CD (8.5%), HDFC Bank CD (7.2%), Reliance Industries T-Bills (6.8%) | State Bank of India CD (8.5%), HDFC Bank CD (7.2%), Reliance Industries T-Bills (6.8%) |
| Asset Allocation | T-Bills: 65.00% | CD: 20.00% | CP: 10.00% | Cash: 5.00% | T-Bills: 65.00% | CD: 20.00% | CP: 10.00% | Cash: 5.00% |
| Portfolio Turnover | 241% | 205% |
🤖 AI Verdict – Which is Better?
Both funds have been consistent in their returns. However, Fund A has a slight edge in the long-term wealth creation with a 3-year return of 6.93% compared to Fund B's 6.92%. Also, Fund A has a slightly lower expense ratio of 0.12% compared to Fund B's 0.12%. Considering these points, Fund A seems to be a better option for long-term wealth creation.
Why consider ICICI Prudential Liquid Fund?
- Expense ratio: 0.12%
- 3Y return: 6.93%
- AUM: 4.74 Lac Cr
- Sharpe Ratio: 3.58
Why consider Baroda BNP Paribas Liquid Fund?
- Expense ratio: 0.12%
- 3Y return: 6.92%
- AUM: 3.89 Lac Cr
- Sharpe Ratio: 3.82
📈 SIP Suitability
For a monthly SIP of 10+ years, Fund A seems to be a better option. Its 3-year return is slightly higher, and it has a consistent track record. Fund A's asset allocation is also more stable, with a lower volatility of 0.12 compared to Fund B's 0.11. However, Fund B's Sharpe ratio is higher, indicating better risk-adjusted returns. It's always a good idea to consult a financial advisor before making any investment decisions.
⚠️ Risk & Cost Analysis
Both funds have a low-risk profile, with a riskometer of Low. However, Fund B has a slightly lower volatility of 0.11 compared to Fund A's 0.12. This indicates that Fund B is less likely to experience significant market fluctuations. On the other hand, Fund A has a slightly higher Sharpe ratio of 3.58 compared to Fund B's 3.82, indicating better risk-adjusted returns. Considering these factors, Fund A seems to offer better risk-adjusted returns.
📊 Portfolio Diversification
Both funds have a similar asset allocation, with a majority of their portfolio invested in T-Bills and CDs. However, Fund A has a higher concentration of its portfolio in State Bank of India CD (8.5%) and HDFC Bank CD (7.2%), whereas Fund B has a more diversified portfolio with a lower concentration of top holdings. This makes Fund B a more diversified option.
SIP Calculator – Compare Growth Potential
ICICI Prudential Liquid Fund
₹867076.87
@6.9% annual return (3Y)
Baroda BNP Paribas Liquid Fund
₹866593.15
@6.9% 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?
Fund A gives better returns in the long run with a 5-year return of 6.11% compared to Fund B's 6.14%.
Q2: Is the higher risk fund worth it?
No, the higher risk fund is not worth it. Fund B has a higher volatility and lower Sharpe ratio compared to Fund A, indicating that it is not a good option for risk-averse investors.
Q3: Which fund is more cost-effective?
Both funds have a similar expense ratio of 0.12%, making them equally cost-effective. However, it's always a good idea to consider other factors such as returns and risk profile before making an investment decision.
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