Best Liquid Fund Mutual Funds
Liquid funds invest in debt maturing within 91 days. They are used to park money for weeks or months — returns track short-term money-market rates and capital fluctuation is minimal, though not guaranteed.
We currently track 89 direct-plan Liquid Fund schemes from 42 fund houses with a median 5-year CAGR of 6.2%. Every figure below is calculated from official daily NAV history and refreshed each day. Use the column headers to re-rank the table by any period — the best 1-year performer is often not the best over 5 or 10 years, which is exactly why we default to the longer horizon.
Showing 39 of 89 schemes · sorted by Y5 low to high · page 2 of 2
- BANDHAN LIQUID Fund - Direct Plan - GrowthBandhan · Debt₹3,447.24#511Y+6.50%3Y+6.92%5Y+6.39%10Y+6.05%
- Kotak Liquid Fund - Direct Plan - GrowthKotak Mahindra · Debt₹5,768.64#521Y+6.51%3Y+6.94%5Y+6.39%10Y+6.08%
- Invesco India Liquid Fund - Direct Plan - GrowthInvesco · Debt₹1,857.53#531Y+6.52%3Y+6.94%5Y+6.39%10Y+6.09%
- Mirae Asset Liquid Fund - Direct Plan - GrowthMirae Asset · Debt₹3,014.12#541Y+6.45%3Y+6.93%5Y+6.40%10Y+6.11%
- Canara Robeco Liquid Fund - Direct Plan - GROWTH OPTIONCanara Robeco · Debt₹3,421.85#551Y+6.49%3Y+6.95%5Y+6.40%10Y+6.00%
- Tata Liquid Fund - Direct Plan - Growth OptionTata · Debt₹4,506.87#561Y+6.52%3Y+6.96%5Y+6.40%10Y+6.14%
- BARODA BNP PARIBAS LIQUID FUND - Direct Plan - Growth OptionBaroda BNP Paribas · Debt₹3,290.23#571Y+6.48%3Y+6.91%5Y+6.40%10Y+6.14%
- Franklin India Liquid Fund - Direct Plan - Super Institutional GrowthFranklin Templeton · Debt₹4,293.05#581Y+6.55%3Y+6.98%5Y+6.41%10Y+6.17%
- UTI - Liquid Fund - Direct Plan - GrowthUTI · Debt₹468.17#591Y+6.53%3Y+6.95%5Y+6.41%10Y+6.13%
- DSP Liquid Fund - Direct Plan - GrowthDSP · Debt₹4,084.46#601Y+6.57%3Y+6.98%5Y+6.41%10Y+6.12%
- Nippon India Liquid Fund - Direct Plan - Growth OptionNippon India · Debt₹6,991.91#611Y+6.57%3Y+6.97%5Y+6.42%10Y+6.16%
- Union Liquid Fund - Direct Plan - Growth OptionUnion · Debt₹2,754.05#621Y+6.52%3Y+6.96%5Y+6.42%10Y+5.74%
- PGIM India Liquid Fund - Direct Plan - Direct GrowthPGIM India · Debt₹372.57#631Y+6.53%3Y+6.97%5Y+6.42%10Y+6.16%
- BANK OF INDIA LIQUID FUND - Direct Plan - GrowthBank of India · Debt₹3,289.02#641Y+6.54%3Y+6.96%5Y+6.43%10Y+6.12%
- Edelweiss Liquid Fund - Direct Plan - GrowthEdelweiss · Debt₹3,691.76#651Y+6.56%3Y+7.00%5Y+6.43%10Y—
- Mahindra Manulife Liquid Fund - Direct Plan - GrowthMahindra Manulife · Debt₹1,860.07#661Y+6.54%3Y+6.97%5Y+6.44%10Y+6.19%
- Axis Liquid Fund - Direct Plan - Growth OptionAxis · Debt₹3,177.63#671Y+6.60%3Y+7.00%5Y+6.44%10Y+6.16%
- Aditya Birla Sun Life Liquid Fund - Direct Plan - GROWTHAditya Birla Sun Life · Debt₹461.46#681Y+6.60%3Y+7.00%5Y+6.46%10Y+6.18%
- Motilal Oswal Liquid FundMotilal Oswal · Debt₹10.00#691Y+0.00%3Y+0.00%5Y—10Y—
- Motilal Oswal Liquid FundMotilal Oswal · Debt₹10.00#701Y+0.00%3Y+0.00%5Y—10Y—
- Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) - Direct Plan - GROWTHSundaram · Debt₹2,524.59#711Y+6.59%3Y+6.99%5Y—10Y—
- Bajaj Finserv Liquid Fund - Direct Plan - GrowthBajaj Finserv · Debt₹1,246.29#721Y+6.52%3Y+6.96%5Y—10Y—
- Quantum Liquid FundQuantum · Debt₹11.92#731Y+5.91%3Y—5Y—10Y—
- Quantum Liquid FundQuantum · Debt₹10.00#741Y+0.00%3Y—5Y—10Y—
- Quantum Liquid FundQuantum · Debt₹11.44#751Y+5.75%3Y—5Y—10Y—
- Quantum Liquid FundQuantum · Debt₹10.00#761Y+0.00%3Y—5Y—10Y—
- Shriram Liquid Fund - Direct Plan - GrowthShriram · Debt₹1,127.11#771Y+6.36%3Y—5Y—10Y—
- Shriram Liquid Fund - Direct PlanShriram · Debt₹1,111.99#781Y+6.35%3Y—5Y—10Y—
- Shriram Liquid Fund - Direct PlanShriram · Debt₹1,000.00#791Y+0.00%3Y—5Y—10Y—
- Shriram Liquid Fund - Direct PlanShriram · Debt₹1,099.59#801Y+6.35%3Y—5Y—10Y—
- Shriram Liquid Fund - Direct PlanShriram · Debt₹1,000.00#811Y+0.00%3Y—5Y—10Y—
- UNIFI LIQUID FUND - Direct Plan - GROWTHUnifi · Debt₹1,079.90#821Y+5.83%3Y—5Y—10Y—
- JioBlackRock Liquid Fund - Direct Plan - Growth OptionJio BlackRock · Debt₹1,083.12#831Y+6.60%3Y—5Y—10Y—
- The Wealth Company Liquid Fund - Direct Plan - GrowthThe Wealth Company · Debt₹1,066.11#841Y+6.50%3Y—5Y—10Y—
- Capitalmind Liquid Fund - Direct Plan - GrowthCapitalmind · Debt₹1,058.54#851Y—3Y—5Y—10Y—
- Abakkus Liquid Fund - Direct Plan - GrowthAbakkus · Debt₹104.98#861Y—3Y—5Y—10Y—
- Abakkus Liquid Fund - Direct Plan - Unclaimed Redemption Less Than 3 yearsAbakkus · Debt₹101.38#871Y—3Y—5Y—10Y—
- ASK Liquid Fund - Direct Plan - GrowthASK · Debt₹1,007.84#881Y—3Y—5Y—10Y—
- Kotak Liquid FundKotak Mahindra · Debt₹1,006.36#891Y—3Y—5Y—10Y—
Liquid Fund funds — frequently asked questions
Which Liquid Fund fund has the highest 5-year CAGR?
Aditya Birla Sun Life Liquid Fund - Direct Plan - GROWTH currently leads the Liquid Fund category with a 5-year CAGR of 6.5%. Past returns describe what already happened and do not predict future performance — treat the ranking as a starting point for research, not a recommendation.
What is a good 5-year return for a Liquid Fund fund?
Across the 89 Liquid Fund schemes we track, the median 5-year CAGR is 6.2%. Comparing a fund against that median, rather than against the category's single best performer, is a more realistic benchmark.
How is CAGR calculated on this page?
CAGR is the compound annual growth rate between the NAV on the horizon start date and the latest NAV, using growth-plan NAVs published by the AMCs. Where a scheme's NAV history has a gap or a re-denomination, we adjust for it rather than report a distorted figure. Expense ratios are already reflected in NAV; exit loads and taxes are not.
Why does this list only show direct plans?
Direct plans have no distributor commission, so their expense ratio is lower and their NAV growth is higher than the regular plan of the same scheme. Showing both would list every fund twice, so we rank direct plans only.