Parking money for days or weeks. Money-market and debt securities maturing within 91 days.
Ranked by three-year return; funds without that figure at the end
Ranked by three-year return, the top three are Bank of India Liquid Fund (+6.9% a year), Axis Liquid Fund (+6.9% a year) and DSP Liquid Fund (+6.8% a year). Past returns do not tell you future returns.
Bank of India Liquid Fund Bank of India | +6.5% | +6.9% | +6.4% | 1/36 | 0.15% | ₹2,352 cr |
Axis Liquid Fund Axis | +6.4% | +6.9% | +6.4% | 2/36 | 0.23% | ₹53,784 cr |
| +6.4% | +6.8% | +6.3% | 3/36 | 0.23% | ₹26,894 cr | |
Groww Liquid Fund Groww | +6.4% | +6.8% | +6.2% | 4/36 | 0.21% | ₹315 cr |
Edelweiss Liquid Fund Edelweiss | +6.4% | +6.8% | +6.3% | 5/36 | 0.19% | ₹17,564 cr |
Invesco India Liquid Fund Invesco | +6.4% | +6.8% | +6.3% | 6/36 | 0.22% | ₹22,513 cr |
Union Liquid Fund Union | +6.4% | +6.8% | +6.3% | 7/36 | 0.17% | ₹6,906 cr |
Canara Robeco Liquid Fund Canara Robeco | +6.3% | +6.8% | +6.3% | 8/36 | 0.17% | ₹5,950 cr |
Mahindra Manulife Liquid Fund Mahindra Manulife | +6.4% | +6.8% | +6.4% | 9/36 | 0.26% | ₹1,434 cr |
Aditya Birla Sun Life Liquid Fund Aditya Birla Sun Life | +6.4% | +6.8% | +6.3% | 10/36 | 0.35% | ₹64,265 cr |
PGIM India Liquid Fund PGIM India | +6.4% | +6.8% | +6.3% | 11/36 | 0.22% | ₹2,014 cr |
| +6.4% | +6.8% | +6.3% | 12/36 | 0.25% | ₹33,527 cr | |
HSBC Liquid Fund HSBC | +6.3% | +6.8% | +6.3% | 13/36 | 0.22% | ₹22,773 cr |
Tata Liquid Fund Tata | +6.3% | +6.8% | +6.3% | 14/36 | 0.32% | ₹33,891 cr |
| +6.4% | +6.8% | +6.3% | 15/36 | 0.20% | ₹14,308 cr | |
Nippon India Liquid Fund Nippon India | +6.4% | +6.8% | +6.3% | 16/36 | 0.38% | ₹42,878 cr |
ICICI Prudential Liquid Fund ICICI Prudential | +6.3% | +6.8% | +6.3% | 17/36 | 0.30% | ₹59,257 cr |
HDFC Liquid Fund HDFC | +6.4% | +6.8% | +6.3% | 18/36 | 0.30% | ₹72,771 cr |
Mirae Asset Liquid Fund Mirae Asset | +6.3% | +6.8% | +6.3% | 19/36 | 0.20% | ₹16,873 cr |
Kotak Liquid Fund Kotak Mahindra | +6.3% | +6.8% | +6.3% | 20/36 | 0.33% | ₹46,514 cr |
Baroda BNP Paribas Liquid Fund Baroda BNP Paribas | +6.3% | +6.8% | +6.3% | 21/36 | 0.16% | ₹14,723 cr |
Sundaram Liquid Fund Sundaram | +6.3% | +6.7% | — | 22/36 | 0.36% | ₹7,389 cr |
| +6.4% | +6.7% | +6.3% | 23/36 | 0.32% | ₹94,440 cr | |
Bandhan Liquid Fund Bandhan | +6.3% | +6.7% | +6.3% | 24/36 | 0.23% | ₹17,540 cr |
Bajaj Finserv Liquid Fund Bajaj Finserv | +6.3% | +6.7% | — | 25/36 | 0.28% | ₹7,581 cr |
JM Liquid Fund JM Financial | +6.3% | +6.7% | +6.3% | 26/36 | 0.26% | ₹1,422 cr |
WhiteOak Capital Liquid Fund WhiteOak Capital | +6.3% | +6.7% | +6.1% | 27/36 | 0.24% | ₹800 cr |
TrustMF Liquid Fund Trust | +6.3% | +6.7% | +6.2% | 28/36 | 0.25% | ₹1,299 cr |
360 ONE Liquid Fund 360 ONE | +6.1% | +6.6% | +6.2% | 29/36 | 0.35% | ₹590 cr |
| +6.3% | +6.6% | +6.0% | 30/36 | 0.21% | ₹5,523 cr | |
| +6.0% | +6.5% | +6.0% | 31/36 | 0.24% | ₹65 cr | |
Quant Liquid Fund quant | +5.7% | +6.4% | +6.0% | 32/36 | 0.57% | ₹1,295 cr |
Quantum Liquid Fund Quantum | +5.8% | +6.4% | +6.0% | 33/36 | 0.26% | ₹539 cr |
Motilal Oswal Liquid Fund Motilal Oswal | +5.8% | +6.3% | +5.9% | 34/36 | 0.41% | ₹1,111 cr |
Navi Liquid Fund Navi | +5.7% | +6.3% | +6.1% | 35/36 | 0.32% | ₹81 cr |
Franklin India Liquid Fund Franklin Templeton | +5.8% | +6.2% | +5.7% | 36/36 | 0.20% | ₹5,378 cr |
| — | — | — | — | 0.27% | ₹399 cr | |
Abakkus Liquid Fund Abakkus | — | — | — | — | 0.29% | ₹687 cr |
Capitalmind Liquid Fund Capitalmind | — | — | — | — | 0.29% | ₹122 cr |
JioBlackRock Liquid Fund Jio BlackRock | — | — | — | — | 0.26% | ₹11,216 cr |
Shriram Liquid Fund Shriram | +6.2% | — | — | — | 0.29% | ₹539 cr |
Unifi Liquid Fund Unifi | +5.7% | — | — | — | 0.15% | ₹24 cr |
The Wealth Company Liquid Fund The Wealth Company | +6.4% | — | — | — | 0.27% | ₹680 cr |
Carnelian Liquid Fund Carnelian | — | — | — | — | 0.25% | — |
Answered from the figures above, updated every business day
44 funds, managing ₹7.2 lakh cr between them as of 3 Nov 2026. The largest is SBI Liquid Fund, at ₹94,440 cr.
The average Liquid fund returned +6.2% over the last year, +6.7% a year over three years, +6.2% a year over five years. Over the last year the funds ranged from +5.7% to +6.5%. Past returns do not tell you future returns.
Bank of India Liquid Fund, at 0.15% a year, against 0.26% for the average fund in the category. The expense ratio is taken out of the fund every day, so every return shown is already after it.
Bank of India Liquid Fund, at +6.9% a year over the last three years, against +6.7% for the average fund. Past returns do not tell you future returns.
Their volatility over the last year averaged 0.2%: the higher it is, the more the price swings from day to day. 34 of 44 carry the riskometer level Low to Moderate, on SEBI's six-step scale from Low to Very High.
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NAV, expense ratio and fund disclosures as published by AMFI and the fund houses; prices as of 3 Nov 2026. Figures are computed independently and may differ from a fund house's own factsheet.
DiscoverMF is an information and analytics service. Nothing here is investment advice, a recommendation, or an offer to buy or sell any scheme. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past performance does not indicate future returns.