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 ₹457.73 6.5% 7.0% 6.4%
- Axis Liquid FundAxis Mutual Fund · NAV ₹3,151.96 6.5% 7.0% 6.4%
- Mahindra Manulife Liquid FundMahindra Manulife Mutual Fund · NAV ₹1,844.97 6.4% 7.0% 6.4%
- BANK OF INDIA LIQUID FUNDBank of India Mutual Fund · NAV ₹3,261.94 6.4% 7.0% 6.3%
- PGIM India Liquid FundPGIM India Mutual Fund · NAV ₹369.63 6.5% 7.0% 6.3%
- Union Liquid FundUnion Mutual Fund · NAV ₹2,732.15 6.4% 7.0% 6.3%
- Nippon India Liquid FundNippon India Mutual Fund · NAV ₹6,935.29 6.5% 7.0% 6.3%
- BARODA BNP PARIBAS LIQUID FUNDBaroda BNP Paribas Mutual Fund · NAV ₹3,263.99 6.4% 6.9% 6.3%
- DSP Liquid FundDSP Mutual Fund · NAV ₹4,051.68 6.5% 7.0% 6.3%
- Franklin India Liquid FundFranklin Templeton Mutual Fund · NAV ₹4,259.00 6.5% 7.0% 6.3%
- Canara Robeco Liquid FundCanara Robeco Mutual Fund · NAV ₹3,394.57 6.4% 7.0% 6.3%
- Tata Liquid FundTata Mutual Fund · NAV ₹4,471.07 6.4% 7.0% 6.3%
- BANDHAN LIQUID FundBandhan Mutual Fund · NAV ₹3,420.15 6.4% 7.0% 6.3%
- Kotak Liquid FundKotak Mahindra Mutual Fund · NAV ₹5,722.53 6.4% 7.0% 6.3%
- LIC MF Liquid FundLIC Mutual Fund · NAV ₹5,141.80 6.4% 7.0% 6.3%
- ICICI Prudential Liquid Fund -ICICI Prudential Mutual Fund · NAV ₹419.12 6.4% 7.0% 6.3%
- Invesco India Liquid FundInvesco Mutual Fund · NAV ₹3,887.23 6.4% 7.0% 6.3%
- HDFC Liquid FundHDFC Mutual Fund · NAV ₹5,561.33 6.4% 7.0% 6.3%
- SBI LIQUID FUNDSBI Mutual Fund · NAV ₹4,427.64 6.4% 6.9% 6.3%
- JM Liquid FundJM Financial Mutual Fund · NAV ₹77.26 6.3% 6.9% 6.3%
- Quant Liquid Fundquant Mutual Fund · NAV ₹45.35 6.0% 6.8% 6.3%
- TRUSTMF Liquid FundTrust Mutual Fund · NAV ₹1,370.75 6.4% 6.9% 6.3%
- Groww Liquid FundGroww Mutual Fund · NAV ₹2,745.80 6.4% 7.0% 6.2%
- 360 ONE Liquid Fund360 ONE Mutual Fund · NAV ₹2,167.26 6.2% 6.8% 6.1%
- WhiteOak Capital Liquid FundWhiteOak Capital Mutual Fund · NAV ₹1,515.89 6.3% 6.9% 6.1%
- ITI Liquid FundITI Mutual Fund · NAV ₹1,470.01 6.2% 6.7% 6.1%
- Parag Parikh Liquid FundPPFAS Mutual Fund · NAV ₹1,566.06 6.4% 6.7% 6.0%
- Quantum Liquid FundQuantum Mutual Fund · NAV ₹37.63 5.9% 6.6% 6.0%
- UTI - Liquid FundUTI Mutual Fund · NAV ₹464.40 -89.4% -50.3% -32.9%
- Abakkus Liquid FundAbakkus Mutual Fund · NAV ₹104.18 — — —
- Bajaj Finserv Liquid FundBajaj Finserv Mutual Fund · NAV ₹1,236.34 6.4% 7.0% —
- Capitalmind Liquid FundCapitalmind Mutual Fund · NAV ₹1,050.10 — — —
- Edelweiss Liquid FundEdelweiss Mutual Fund · NAV ₹3,661.88 — — —
- JioBlackRock Liquid FundJio BlackRock Mutual Fund · NAV ₹1,074.28 — — —
- Mirae Asset Liquid FundMirae Asset Mutual Fund · NAV ₹2,989.88 — — —
- Shriram Liquid FundShriram Mutual Fund · NAV ₹1,118.24 — — —
- Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund)Sundaram Mutual Fund · NAV ₹2,504.60 6.5% 7.0% —
- The Wealth Company Liquid FundThe Wealth Company Mutual Fund · NAV ₹1,057.56 — — —
- UNIFI LIQUID FUNDUnifi Mutual Fund · NAV ₹1,072.94 — — —
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.