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Abakkus Liquid Fund - Direct Plan - Growth vs Aditya Birla Sun Life Liquid Fund - Growth - Direct Plan
Abakkus Liquid Fund and Aditya Birla Sun Life Liquid Fund are both in the Liquid Fund category, from Abakkus Investment Managers Private Limited and Aditya Birla Sun Life AMC Limited respectively. Aditya Birla Sun Life Liquid Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Aditya Birla Sun Life Liquid Fund has the lower direct-plan expense ratio, by 0.02 percentage points.
| Abakkus Liquid Fund - Direct Plan - Growth | Aditya Birla Sun Life Liquid Fund - Growth - Direct Plan | |
|---|---|---|
| Category | Liquid Fund | Liquid Fund |
| AMC | Abakkus Investment Managers Private Limited | Aditya Birla Sun Life AMC Limited |
| Benchmark | No benchmark required for this fund category | No benchmark required for this fund category |
| NAV | ₹105.1637 (2026-10-28) | ₹462.1586 (2026-10-28) |
| AUM | ₹706.02 Cr | ₹67,713.33 Cr |
| Expense Ratio (Direct) | 0.23% | 0.21% |
| Inception | 2025-12-08 | 1997-06-04 |
Returns
This fund is less than a year old, so there is not yet enough history to calculate rolling returns.
Risk Metrics
Risk metrics aren't shown for debt funds. Their NAV starts near Rs 10 and compounds steadily, so CAGR, beta and drawdown measure the arithmetic rather than the manager.
Portfolio Analytics
Abakkus Liquid Fund carries the higher portfolio YTM.
Punji Fund Health Score
Abakkus Liquid Fund and Aditya Birla Sun Life Liquid Fund carry the same Punji Quality grade.
Frequently asked questions
Which has a lower expense ratio, Abakkus Liquid Fund or Aditya Birla Sun Life Liquid Fund?
Aditya Birla Sun Life Liquid Fund's direct-plan expense ratio is 0.02 percentage points lower than Abakkus Liquid Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Abakkus Liquid Fund and Aditya Birla Sun Life Liquid Fund show risk metrics like Sharpe ratio or alpha?
Risk metrics aren't shown for debt funds. Their NAV starts near Rs 10 and compounds steadily, so CAGR, beta and drawdown measure the arithmetic rather than the manager. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Abakkus Liquid Fund or Aditya Birla Sun Life Liquid Fund?
Aditya Birla Sun Life Liquid Fund has ₹67,713 Cr in assets under management, versus ₹706 Cr for Abakkus Liquid Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Abakkus Liquid Fund or Aditya Birla Sun Life Liquid Fund?
Abakkus Liquid Fund's portfolio YTM (5.5158%) is higher than Aditya Birla Sun Life Liquid Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which has longer duration (more interest-rate sensitivity), Abakkus Liquid Fund or Aditya Birla Sun Life Liquid Fund?
Abakkus Liquid Fund has the longer Macaulay duration of the two, meaning its NAV is more sensitive to interest-rate changes - a longer-duration debt fund tends to gain more when rates fall and lose more when rates rise, compared to a shorter-duration fund. Duration is expressed in years but isn't literally about how long you hold the fund; it's a measure of price sensitivity to rate moves. If you expect rates to fall, the longer-duration fund benefits more; if you expect rates to rise or want to minimize that swing, the shorter-duration fund is the more conservative pick.
Which fund has a longer track record, Abakkus Liquid Fund or Aditya Birla Sun Life Liquid Fund?
Aditya Birla Sun Life Liquid Fund launched on 1997-06-04, making it older than Abakkus Liquid Fund (launched 2025-12-08). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.