COMPARE
Bajaj Finserv Liquid Fund - Direct Plan - Growth vs Carnelian Liquid Fund - Direct Plan - Growth
Bajaj Finserv Liquid Fund and Carnelian Liquid Fund are both in the Liquid Fund category, from Bajaj Finserv Asset Management Limited and Carnelian Investment Managers Private Limited respectively. See the full table and FAQ below for the complete real-data comparison.
Basics
| Bajaj Finserv Liquid Fund - Direct Plan - Growth | Carnelian Liquid Fund - Direct Plan - Growth | |
|---|---|---|
| Category | Liquid Fund | Liquid Fund |
| AMC | Bajaj Finserv Asset Management Limited | Carnelian Investment Managers Private Limited |
| Benchmark | No benchmark required for this fund category | CRISIL Liquid Debt A-I Index |
| NAV | ₹1248.5853 (2026-10-28) | ₹1002.4484 (2026-10-28) |
| AUM | ₹7,965.3 Cr | - |
| Expense Ratio (Direct) | 0.08% | - |
| Inception | 2023-06-29 | 2026-10-12 |
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
Punji Fund Health Score
Frequently asked questions
Why don't Bajaj Finserv Liquid Fund and Carnelian 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 fund has a longer track record, Bajaj Finserv Liquid Fund or Carnelian Liquid Fund?
Bajaj Finserv Liquid Fund launched on 2023-06-29, making it older than Carnelian Liquid Fund (launched 2026-10-12). 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.