Best Liquid Funds (by 1-Year Return)
Updated November 2026 · 20 active funds · data from AMFI NAVs
Liquid funds invest in debt maturing within 91 days and are used to park money for days to months, not to chase returns. Ranked here by 1-year return from AMFI NAVs - but for this category, differences are small and safety, expense ratio and same-day/next-day redemption matter more than topping a return table. Liquid funds are taxed at your slab rate. Not a recommendation.
| # | Scheme | 1Y | 3Y | 5Y | Sharpe | Max DD | TER | AUM |
|---|---|---|---|---|---|---|---|---|
| 1 | Nippon India Liquid Fund - Retail Nippon India | +6.72% | +6.50% | +5.88% | - | -0.1% | 0.21% | ₹13 Cr |
| 2 | Axis Liquid Fund Axis | +6.62% | +6.98% | +6.49% | - | -0.0% | 0.13% | ₹42.9K Cr |
| 3 | JioBlackRock Liquid Fund Jio BlackRock | +6.61% | - | - | - | -0.0% | 0.12% | ₹8.3K Cr |
| 4 | THE WEALTH COMPANY LIQUID FUND The Wealth Company | +6.61% | - | - | - | -0.0% | 0.09% | ₹739 Cr |
| 5 | Franklin India Liquid Fund - Super Institutional Franklin Templeton | +6.60% | +6.97% | +6.46% | - | -0.0% | 0.14% | ₹3.5K Cr |
| 6 | Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Sundaram | +6.60% | +6.97% | - | - | -0.0% | 0.15% | ₹6.5K Cr |
| 7 | Aditya Birla Sun Life Liquid Fund Aditya Birla Sun Life | +6.60% | +6.98% | +6.50% | - | -0.0% | - | ₹57.2K Cr |
| 8 | Nippon India Liquid Fund Nippon India | +6.59% | +6.96% | +6.47% | - | -0.1% | 0.21% | ₹31.7K Cr |
| 9 | Edelweiss Liquid Fund Edelweiss | +6.58% | +6.98% | +6.48% | - | -0.1% | 0.10% | ₹10.4K Cr |
| 10 | DSP Liquidity Fund DSP | +6.58% | +6.96% | +6.46% | - | -0.0% | 0.13% | ₹22.4K Cr |
| 11 | PGIM India Liquid Fund PGIM India | +6.58% | +6.96% | +6.48% | - | -0.0% | 0.14% | ₹589 Cr |
| 12 | Mahindra Manulife Liquid Fund Mahindra Manulife | +6.57% | +6.96% | +6.49% | - | -0.0% | 0.15% | ₹1.2K Cr |
| 13 | Groww Liquid Fund ( formerly known as Indiabulls Liquid )Fund Groww | +6.57% | +6.96% | +6.37% | - | -0.0% | - | ₹146 Cr |
| 14 | BANK OF INDIA Liquid Fund Bank of India | +6.57% | +6.95% | +6.48% | - | -0.0% | 0.09% | ₹1.7K Cr |
| 15 | Bajaj Finserv Liquid Fund Bajaj Finserv | +6.55% | +6.95% | - | - | -0.0% | 0.08% | ₹5.0K Cr |
| 16 | Union Liquid Fund Union | +6.54% | +6.95% | +6.47% | - | -0.0% | 0.08% | ₹7.2K Cr |
| 17 | Tata Liquid Fund Tata | +6.54% | +6.94% | +6.45% | - | -0.1% | 0.23% | ₹28.8K Cr |
| 18 | Invesco India Liquid Fund Invesco | +6.54% | +6.92% | +6.43% | - | -0.0% | 0.16% | ₹16.2K Cr |
| 19 | SBI Liquid Fund SBI | +6.53% | +6.88% | +6.41% | - | -0.0% | 0.20% | ₹65.3K Cr |
| 20 | LIC MF Liquid Fund LIC | +6.52% | +6.91% | +6.43% | - | -0.0% | 0.14% | ₹13.7K Cr |
Ranked by 1-Year Return (highest first), on funds with that metric available. Returns, Sharpe, drawdown and TER are computed independently from AMFI NAVs - see methodology. No paid placement.