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.
Regular plans in this category
- BANK OF INDIA LIQUID FUNDBank of India Mutual Fund · NAV ₹3,244.70 6.5% 6.9% 6.4%
- Axis Liquid FundAxis Mutual Fund · NAV ₹3,137.19 6.5% 6.9% 6.3%
- Aditya Birla Sun Life Liquid FundAditya Birla Sun Life Mutual Fund · NAV ₹453.77 6.4% 6.9% 6.3%
- Canara Robeco Liquid FundCanara Robeco Mutual Fund · NAV ₹3,388.32 6.4% 6.9% 6.3%
- Mahindra Manulife Liquid FundMahindra Manulife Mutual Fund · NAV ₹1,832.27 6.4% 6.9% 6.3%
- Union Liquid FundUnion Mutual Fund · NAV ₹2,709.02 6.4% 6.9% 6.3%
- DSP Liquid FundDSP Mutual Fund · NAV ₹4,021.07 6.5% 6.9% 6.3%
- HSBC Liquid FundHSBC Mutual Fund · NAV ₹2,806.49 6.4% 6.9% 6.3%
- Invesco India Liquid FundInvesco Mutual Fund · NAV ₹3,870.77 6.4% 6.9% 6.3%
- PGIM India Liquid FundPGIM India Mutual Fund · NAV ₹366.56 6.4% 6.9% 6.3%
- ICICI Prudential Liquid Fund -ICICI Prudential Mutual Fund · NAV ₹416.60 6.4% 6.8% 6.3%
- Tata Liquid FundTata Mutual Fund · NAV ₹4,433.35 6.4% 6.9% 6.3%
- HDFC Liquid FundHDFC Mutual Fund · NAV ₹5,522.78 6.4% 6.8% 6.2%
- Kotak Liquid FundKotak Mahindra Mutual Fund · NAV ₹5,688.11 6.4% 6.8% 6.2%
- LIC MF Liquid FundLIC Mutual Fund · NAV ₹5,088.11 6.4% 6.8% 6.2%
- BANDHAN LIQUID FundBandhan Mutual Fund · NAV ₹3,397.45 6.3% 6.8% 6.2%
- SBI LIQUID FUNDSBI Mutual Fund · NAV ₹4,440.36 6.4% 6.8% 6.2%
- JM Liquid FundJM Financial Mutual Fund · NAV ₹76.72 6.3% 6.8% 6.2%
- Groww Liquid FundGroww Mutual Fund · NAV ₹2,722.62 6.4% 6.9% 6.2%
- TRUSTMF Liquid FundTrust Mutual Fund · NAV ₹1,366.31 6.3% 6.7% 6.2%
- 360 ONE Liquid Fund360 ONE Mutual Fund · NAV ₹2,161.75 6.2% 6.7% 6.1%
- WhiteOak Capital Liquid FundWhiteOak Capital Mutual Fund · NAV ₹1,512.50 6.3% 6.8% 6.1%
- Quant Liquid Fundquant Mutual Fund · NAV ₹44.25 5.8% 6.5% 6.0%
- Parag Parikh Liquid FundPPFAS Mutual Fund · NAV ₹1,560.56 6.3% 6.6% 6.0%
- ITI Liquid FundITI Mutual Fund · NAV ₹1,461.54 6.0% 6.5% 6.0%
- Quantum Liquid FundQuantum Mutual Fund · NAV ₹37.49 5.8% 6.4% 5.9%
- Nippon India Liquid FundNippon India Mutual Fund · NAV ₹6,086.75 6.6% 6.5% 5.8%
- Franklin India Liquid FundFranklin Templeton Mutual Fund · NAV ₹6,327.86 5.8% 6.2% 5.6%
- ASK Liquid FundASK MUTUAL FUND · NAV ₹1,004.60 — — —
- Abakkus Liquid FundAbakkus Mutual Fund · NAV ₹104.61 — — —
- BARODA BNP PARIBAS LIQUID FUNDBaroda BNP Paribas Mutual Fund · NAV ₹3,234.84 — — —
- Bajaj Finserv Liquid FundBajaj Finserv Mutual Fund · NAV ₹1,235.38 6.3% 6.8% —
- Capitalmind Liquid FundCapitalmind Mutual Fund · NAV ₹1,053.55 — — —
- Edelweiss Liquid FundEdelweiss Mutual Fund · NAV ₹3,602.63 — — —
- Franklin India Liquid Fund- InstitutionFranklin Templeton Mutual Fund · NAV ₹0.00 — — —
- JioBlackRock Liquid FundJio BlackRock Mutual Fund · NAV ₹1,005.91 — — —
- Mirae Asset Liquid FundMirae Asset Mutual Fund · NAV ₹2,949.94 — — —
- Navi Liquid FundNavi Mutual Fund · NAV ₹30.39 5.7% 6.4% —
- Shriram Liquid FundShriram Mutual Fund · NAV ₹1,120.80 — — —
- Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund)Sundaram Mutual Fund · NAV ₹2,481.59 6.4% 6.8% —
- The Wealth Company Liquid FundThe Wealth Company Mutual Fund · NAV ₹1,061.29 — — —
- UNIFI LIQUID FUNDUnifi Mutual Fund · NAV ₹1,076.20 — — —
- UTI - Liquid FundUTI Mutual Fund · NAV ₹419.21 — — —
Point-to-point CAGR from AMFI NAV history, Regular 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.