ICICI Prudential Liquid Fund vs SBI Contra Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
6.93%
3Y Return
16.36%
Today, we're comparing two funds from different categories - ICICI Prudential Liquid Fund, a Liquid fund, and SBI Contra Fund, a Multi Cap fund. Dekho, these funds cater to different investor needs, and we'll analyze which one is better suited for long-term wealth creation. Chaliye, let's dive in and explore their performance, risk profile, and suitability.
| Parameter | AICICI Prudential Liquid Fund - Direct Plan - Growth | BSBI Contra Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | ICICI Prudential | SBI Mutual Fund |
| Category | Liquid | Multi Cap |
| NAV (₹) | 411.88 | 408.51 |
| AUM (₹ Cr) | 4.74 Lac Cr | 4.74 Lac Cr |
| Expense Ratio (%) | 0.12% | 0.72% |
| Riskometer | Low | Very High |
| Volatility | 0.12 | 13.7 |
| Sharpe Ratio | 3.58 | 0.72 |
| 1 Year Return (%) | 6.15% | -1.21% |
| 3 Year Return (%) | 6.93% | 16.36% |
| 5 Year Return (%) | 6.11% | 18.26% |
| Since Launch (%) | 6.84% | 15.48% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 1 January 2013 | 2 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Nikhil Kabra; Ritesh Lunawat (4.8 years yrs) | Dinesh Balachandran; Pradeep Kesavan (8.1 years yrs) |
| Benchmark | NIFTY Liquid Index | Nifty 500 Multicap 50:25:25 TRI |
| Top 3 Holdings | State Bank of India CD (8.5%), HDFC Bank CD (7.2%), Reliance Industries T-Bills (6.8%) | HDFC Bank Ltd. (6.59%), Reliance Industries Ltd. (5.35%), Biocon Ltd. (3.04%) |
| Asset Allocation | T-Bills: 65.00% | CD: 20.00% | CP: 10.00% | Cash: 5.00% | Equity: 81.12% | T-Bills: 2.35% | Forgn. Eq: 2.19% | Debenture: 1.92% | CD: 1.05% | REITs: 0.94% | Call Option: -0.03% | Futures: -0.16% |
| Portfolio Turnover | 241% | 130% |
🤖 AI Verdict – Which is Better?
Sach ye hai, for long-term wealth creation, we look at 3Y returns, expense ratio, and riskometer. Fund A, ICICI Prudential Liquid Fund, has a 3Y return of 6.93%, an expense ratio of 0.12%, and a Low riskometer. Fund B, SBI Contra Fund, has a 3Y return of 16.36%, an expense ratio of 0.72%, and a Very High riskometer. Considering these factors, Fund A seems to be a better choice 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 SBI Contra Fund?
- Expense ratio: 0.72%
- 3Y return: 16.36%
- AUM: 4.74 Lac Cr
- Sharpe Ratio: 0.72
📈 SIP Suitability
Haan, for a monthly SIP of 10+ years, we look at consistency and return stability. Fund A, ICICI Prudential Liquid Fund, has provided steady returns over the years, while Fund B, SBI Contra Fund, has been more volatile. Lekin, if you're looking for higher returns and can stomach the risk, Fund B might be suitable. Dekho, it's essential to assess your risk tolerance and investment horizon before making a decision.
⚠️ Risk & Cost Analysis
Chaliye, let's compare the riskometer, volatility, Sharpe ratio, and expense ratio of both funds. Fund A has a Low riskometer, a volatility of 0.12, a Sharpe ratio of 3.58, and an expense ratio of 0.12%. Fund B has a Very High riskometer, a volatility of 13.7, a Sharpe ratio of 0.72, and an expense ratio of 0.72%. Considering these factors, Fund A offers better risk-adjusted returns.
📊 Portfolio Diversification
Sach ye hai, portfolio diversification is crucial for reducing risk. Fund A, ICICI Prudential Liquid Fund, has an asset allocation of 65% T-Bills, 20% CD, 10% CP, and 5% Cash. Fund B, SBI Contra Fund, has an asset allocation of 81.12% Equity, 2.35% T-Bills, and 1.05% CD. Fund A has a more diversified portfolio, while Fund B is heavily invested in Equity. Dekho, it's essential to understand sector risk and diversification before investing.
SIP Calculator – Compare Growth Potential
ICICI Prudential Liquid Fund
₹867076.87
@6.9% annual return (3Y)
SBI Contra Fund
₹1516047.14
@16.4% 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, ICICI Prudential Liquid Fund, has a 5Y return of 6.11%, while Fund B, SBI Contra Fund, has a 5Y return of 18.26%. Fund B gives better returns in the long run.
Q2: Is the higher risk fund worth it?
While Fund B, SBI Contra Fund, has higher returns, its high volatility (13.7) and lower Sharpe ratio (0.72) suggest that it may not be worth the higher risk for all investors.
Q3: Which fund is more cost-effective?
Both funds have an expense ratio of 0.12% and 0.72%. Dekho, these expense ratios are relatively low, and there is no significant difference between the two funds in terms of cost-effectiveness.
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