Liquid Funds Mutual Funds
Debt maturing within 91 days.
The place money waits. Redemption reaches the bank in one working day, and a small instant-redemption limit is usually available. Not a savings account, and not guaranteed — but as close as a fund gets.
Who it suits. Emergency money and anything needed within weeks. Hold for Days to 3 months.
Direct plans in this category
- Aditya Birla Sun Life Liquid FundAditya Birla Sun Life Mutual Fund · NAV ₹462.09 6.5% 7.0% 6.5%
- Axis Liquid FundAxis Mutual Fund · NAV ₹3,182.84 6.5% 7.0% 6.5%
- Mahindra Manulife Liquid FundMahindra Manulife Mutual Fund · NAV ₹1,863.19 6.4% 6.9% 6.5%
- BANK OF INDIA LIQUID FUNDBank of India Mutual Fund · NAV ₹3,294.37 6.5% 6.9% 6.4%
- PGIM India Liquid FundPGIM India Mutual Fund · NAV ₹373.29 6.5% 6.9% 6.4%
- Nippon India Liquid FundNippon India Mutual Fund · NAV ₹7,002.79 6.5% 6.9% 6.4%
- Union Liquid FundUnion Mutual Fund · NAV ₹2,758.55 6.4% 6.9% 6.4%
- DSP Liquid FundDSP Mutual Fund · NAV ₹4,090.77 6.5% 6.9% 6.4%
- Franklin India Liquid FundFranklin Templeton Mutual Fund · NAV ₹4,301.30 6.5% 7.0% 6.4%
- BARODA BNP PARIBAS LIQUID FUNDBaroda BNP Paribas Mutual Fund · NAV ₹3,295.27 6.4% 6.9% 6.4%
- Tata Liquid FundTata Mutual Fund · NAV ₹4,514.28 6.4% 6.9% 6.4%
- Canara Robeco Liquid FundCanara Robeco Mutual Fund · NAV ₹3,426.93 6.4% 6.9% 6.4%
- BANDHAN LIQUID FundBandhan Mutual Fund · NAV ₹3,452.54 6.4% 6.9% 6.4%
- Invesco India Liquid FundInvesco Mutual Fund · NAV ₹3,925.14 6.4% 6.9% 6.4%
- Kotak Liquid FundKotak Mahindra Mutual Fund · NAV ₹5,777.10 6.4% 6.9% 6.4%
- LIC MF Liquid FundLIC Mutual Fund · NAV ₹5,190.92 6.4% 6.9% 6.4%
- HDFC Liquid FundHDFC Mutual Fund · NAV ₹5,614.94 6.4% 6.9% 6.4%
- ICICI Prudential Liquid Fund -ICICI Prudential Mutual Fund · NAV ₹423.12 6.4% 6.9% 6.4%
- SBI LIQUID FUNDSBI Mutual Fund · NAV ₹4,470.65 6.4% 6.9% 6.4%
- TRUSTMF Liquid FundTrust Mutual Fund · NAV ₹1,384.18 6.4% 6.8% 6.4%
- JM Liquid FundJM Financial Mutual Fund · NAV ₹78.00 6.3% 6.8% 6.4%
- Groww Liquid FundGroww Mutual Fund · NAV ₹2,773.22 6.5% 6.9% 6.3%
- Quant Liquid Fundquant Mutual Fund · NAV ₹45.77 6.0% 6.7% 6.3%
- WhiteOak Capital Liquid FundWhiteOak Capital Mutual Fund · NAV ₹1,530.32 6.3% 6.8% 6.2%
- 360 ONE Liquid Fund360 ONE Mutual Fund · NAV ₹2,187.79 6.2% 6.7% 6.2%
- ITI Liquid FundITI Mutual Fund · NAV ₹1,482.81 6.1% 6.6% 6.2%
- Parag Parikh Liquid FundPPFAS Mutual Fund · NAV ₹1,580.90 6.4% 6.7% 6.1%
- Quantum Liquid FundQuantum Mutual Fund · NAV ₹37.97 5.9% 6.5% 6.1%
- ASK Liquid FundASK MUTUAL FUND · NAV ₹1,009.52 — — —
- Abakkus Liquid FundAbakkus Mutual Fund · NAV ₹105.15 — — —
- Bajaj Finserv Liquid FundBajaj Finserv Mutual Fund · NAV ₹1,248.40 6.5% 6.9% —
- Capitalmind Liquid FundCapitalmind Mutual Fund · NAV ₹1,060.27 — — —
- Carnelian Liquid FundCarnelian Mutual Fund · NAV ₹1,002.32 — — —
- Edelweiss Liquid FundEdelweiss Mutual Fund · NAV ₹3,697.66 — — —
- JioBlackRock Liquid FundJio BlackRock Mutual Fund · NAV ₹1,084.66 — — —
- Mirae Asset Liquid FundMirae Asset Mutual Fund · NAV ₹3,018.51 — — —
- Shriram Liquid FundShriram Mutual Fund · NAV ₹1,128.93 — — —
- Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund)Sundaram Mutual Fund · NAV ₹2,528.62 6.5% 7.0% —
- The Wealth Company Liquid FundThe Wealth Company Mutual Fund · NAV ₹1,068.02 — — —
- UNIFI LIQUID FUNDUnifi Mutual Fund · NAV ₹1,082.30 — — —
- UTI - Liquid FundUTI Mutual Fund · NAV ₹468.97 — — —
Point-to-point CAGR from AMFI NAV history, Direct plans only. Ordered by five-year return so the list has a shape, not because the order is a judgement. Past returns do not predict future ones — a fund near the top is usually there because its style suited the last five years, and styles take turns.
Other categories
Questions people ask
What is a Liquid Funds fund?
Debt maturing within 91 days. The place money waits. Redemption reaches the bank in one working day, and a small instant-redemption limit is usually available. Not a savings account, and not guaranteed — but as close as a fund gets.
Who should invest in Liquid Funds funds?
Emergency money and anything needed within weeks. A sensible holding period is Days to 3 months.
How is this list ordered?
By five-year CAGR computed from AMFI's published NAV history, within one plan type. It is a sort, not a verdict — a fund near the top is there because its style suited the last five years, which is not a promise about the next five.
Should I choose the Direct or Regular plan?
A Direct plan holds exactly the same portfolio without the distributor commission, so its expense ratio is lower — commonly 0.5% to 1.2% a year — and it compounds ahead of the Regular plan for ever. Choose Regular only if you want an intermediary's advice and are content to pay for it annually.