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 ₹457.82 6.5% 7.0% 6.4%
- Axis Liquid FundAxis Mutual Fund · NAV ₹3,152.62 6.5% 7.0% 6.4%
- Mahindra Manulife Liquid FundMahindra Manulife Mutual Fund · NAV ₹1,845.40 6.4% 7.0% 6.4%
- BANK OF INDIA LIQUID FUNDBank of India Mutual Fund · NAV ₹3,262.66 6.4% 7.0% 6.3%
- PGIM India Liquid FundPGIM India Mutual Fund · NAV ₹369.71 6.5% 7.0% 6.3%
- Union Liquid FundUnion Mutual Fund · NAV ₹2,732.69 6.4% 7.0% 6.3%
- Nippon India Liquid FundNippon India Mutual Fund · NAV ₹6,936.78 6.5% 7.0% 6.3%
- BARODA BNP PARIBAS LIQUID FUNDBaroda BNP Paribas Mutual Fund · NAV ₹3,264.68 6.4% 6.9% 6.3%
- DSP Liquid FundDSP Mutual Fund · NAV ₹4,052.55 6.5% 7.0% 6.3%
- Franklin India Liquid FundFranklin Templeton Mutual Fund · NAV ₹4,259.86 6.5% 7.0% 6.3%
- Canara Robeco Liquid FundCanara Robeco Mutual Fund · NAV ₹3,395.25 6.4% 7.0% 6.3%
- Tata Liquid FundTata Mutual Fund · NAV ₹4,472.08 6.4% 7.0% 6.3%
- BANDHAN LIQUID FundBandhan Mutual Fund · NAV ₹3,420.82 6.4% 7.0% 6.3%
- Kotak Liquid FundKotak Mahindra Mutual Fund · NAV ₹5,723.72 6.4% 7.0% 6.3%
- LIC MF Liquid FundLIC Mutual Fund · NAV ₹5,142.84 6.4% 7.0% 6.3%
- ICICI Prudential Liquid Fund -ICICI Prudential Mutual Fund · NAV ₹419.21 6.4% 7.0% 6.3%
- Invesco India Liquid FundInvesco Mutual Fund · NAV ₹3,888.06 6.4% 7.0% 6.3%
- HDFC Liquid FundHDFC Mutual Fund · NAV ₹5,562.47 6.4% 7.0% 6.3%
- SBI LIQUID FUNDSBI Mutual Fund · NAV ₹4,428.58 6.4% 6.9% 6.3%
- JM Liquid FundJM Financial Mutual Fund · NAV ₹77.28 6.3% 6.9% 6.3%
- Quant Liquid Fundquant Mutual Fund · NAV ₹45.36 6.0% 6.8% 6.3%
- TRUSTMF Liquid FundTrust Mutual Fund · NAV ₹1,371.05 6.4% 6.9% 6.3%
- Groww Liquid FundGroww Mutual Fund · NAV ₹2,746.33 6.4% 7.0% 6.2%
- 360 ONE Liquid Fund360 ONE Mutual Fund · NAV ₹2,167.72 6.2% 6.8% 6.1%
- WhiteOak Capital Liquid FundWhiteOak Capital Mutual Fund · NAV ₹1,516.20 6.3% 6.9% 6.1%
- ITI Liquid FundITI Mutual Fund · NAV ₹1,470.24 6.2% 6.7% 6.1%
- Parag Parikh Liquid FundPPFAS Mutual Fund · NAV ₹1,566.37 6.4% 6.7% 6.0%
- Quantum Liquid FundQuantum Mutual Fund · NAV ₹37.64 5.9% 6.6% 6.0%
- UTI - Liquid FundUTI Mutual Fund · NAV ₹464.50 -89.4% -50.3% -32.9%
- Abakkus Liquid FundAbakkus Mutual Fund · NAV ₹104.20 — — —
- Bajaj Finserv Liquid FundBajaj Finserv Mutual Fund · NAV ₹1,236.59 6.4% 7.0% —
- Capitalmind Liquid FundCapitalmind Mutual Fund · NAV ₹1,050.33 — — —
- Edelweiss Liquid FundEdelweiss Mutual Fund · NAV ₹3,662.65 — — —
- JioBlackRock Liquid FundJio BlackRock Mutual Fund · NAV ₹1,074.53 — — —
- Mirae Asset Liquid FundMirae Asset Mutual Fund · NAV ₹2,990.53 — — —
- Shriram Liquid FundShriram Mutual Fund · NAV ₹1,118.45 — — —
- Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund)Sundaram Mutual Fund · NAV ₹2,505.15 6.5% 7.0% —
- The Wealth Company Liquid FundThe Wealth Company Mutual Fund · NAV ₹1,057.79 — — —
- UNIFI LIQUID FUNDUnifi Mutual Fund · NAV ₹1,073.10 — — —
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.