CRISIL Liquid Index

Tue, 19 May 2026 00:00:00 +0000

The CRISIL Liquid Fund Index is the principal Indian benchmark for liquid funds and money-market mutual funds, tracking a basket of short-tenor government securities and high-quality corporate debt instruments. The index is constructed by CRISIL (Credit Rating Information Services of India Limited), India’s largest credit-rating agency and a leading provider of benchmark indices for the Indian debt market.

For Indian retail investors, the CRISIL Liquid Fund Index serves as the standard performance reference for liquid mutual funds. AMCs publish their liquid scheme returns against this benchmark in factsheets and marketing material per TRI benchmarking rules. When evaluating a liquid fund, investors should compare its performance against the CRISIL Liquid Fund Index for fair-context assessment.

Liquid Index on WebNotes

CRISIL Liquid Index