Best Liquid Funds

Fund Name
AUM
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3Y Returns
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Ratings
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Mirae Asset Cash Management Fund Direct Weekly IDCW Reinvestment

Mirae Asset Cash Management Fund Direct Weekly IDCW Reinvestment

Debt Liquid Fund

₹10,113.72 Cr.

7.15%

4.5

Invest
Bandhan Liquid Fund Direct Plan Daily IDCW Reinvestment

Bandhan Liquid Fund Direct Plan Daily IDCW Reinvestment

Debt Liquid Fund

₹14,110.82 Cr.

6.48%

4.5

Invest
Union Liquid Fund Direct Plan Daily IDCW Reinvestment

Union Liquid Fund Direct Plan Daily IDCW Reinvestment

Debt Liquid Fund

₹2,861.51 Cr.

6.2%

3

Invest
JM Liquid Fund Direct Daily IDCW Reinvestment

JM Liquid Fund Direct Daily IDCW Reinvestment

Debt Liquid Fund

₹1,895.68 Cr.

5.7%

3

Invest
Axis Liquid Fund Direct Plan Daily IDCW Reinvestment

Axis Liquid Fund Direct Plan Daily IDCW Reinvestment

Debt Liquid Fund

₹26,889.97 Cr.

5.43%

5

Invest
Navi Liquid Fund Direct Plan Monthly IDCW Payout Payout

Navi Liquid Fund Direct Plan Monthly IDCW Payout Payout

Debt Liquid Fund

₹108.15 Cr.

5.43%

4

Invest
Navi Liquid Fund Direct Plan Monthly IDCW Reinvestment Reinvestment

Navi Liquid Fund Direct Plan Monthly IDCW Reinvestment Reinvestment

Debt Liquid Fund

₹108.15 Cr.

5.43%

4

Invest
Quant Liquid Fund Growth Direct Plan

Quant Liquid Fund Growth Direct Plan

Debt Liquid Fund

₹1,795.04 Cr.

5.35%

2

Invest
UTI Liquid Cash Plan Direct Plan Daily IDCW (Reinvestment)

UTI Liquid Cash Plan Direct Plan Daily IDCW (Reinvestment)

Debt Liquid Fund

₹22,049.31 Cr.

5.25%

4.5

Invest
Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment

Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment

Debt Liquid Fund

₹1,499.15 Cr.

5.18%

4

Invest
Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Plan IDCW Monthly Payout

Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Plan IDCW Monthly Payout

Debt Liquid Fund

₹4,454.15 Cr.

5.16%

3

Invest
Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Plan IDCW Monthly Reinvestment

Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Plan IDCW Monthly Reinvestment

Debt Liquid Fund

₹4,454.15 Cr.

5.16%

3

Invest
Canara Robeco Liquid Fund Direct Plan Daily IDCW (Reinvestment)

Canara Robeco Liquid Fund Direct Plan Daily IDCW (Reinvestment)

Debt Liquid Fund

₹3,813.48 Cr.

5.15%

5

Invest
PGIM India Liquid Fund Direct Plan Daily Dividend Reinvestment

PGIM India Liquid Fund Direct Plan Daily Dividend Reinvestment

Debt Liquid Fund

₹433.80 Cr.

5.11%

2.5

Invest
LIC MF Liquid Fund Direct Plan Daily IDCW Reinvestment

LIC MF Liquid Fund Direct Plan Daily IDCW Reinvestment

Debt Liquid Fund

₹8,945.34 Cr.

5.1%

2

Invest
Nippon India Liquid Fund Direct Plan Daily IDCW Reinvestment

Nippon India Liquid Fund Direct Plan Daily IDCW Reinvestment

Debt Liquid Fund

₹22,686.09 Cr.

5.07%

5

Invest
Mahindra Manulife Liquid Fund Direct Plan Growth

Mahindra Manulife Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹743.60 Cr.

5.06%

3.5

Invest
Baroda BNP Paribas Liquid Fund Direct Plan Growth

Baroda BNP Paribas Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹9,643.76 Cr.

5.05%

4

Invest
Edelweiss Liquid Fund Direct Plan Growth

Edelweiss Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹3,194.29 Cr.

5.04%

2

Invest
Edelweiss Liquid Fund Direct Plan Annual IDCW Reinvestment

Edelweiss Liquid Fund Direct Plan Annual IDCW Reinvestment

Debt Liquid Fund

₹3,194.29 Cr.

5.04%

2

Invest
Edelweiss Liquid Fund Direct Plan Annual IDCW Payout

Edelweiss Liquid Fund Direct Plan Annual IDCW Payout

Debt Liquid Fund

₹3,194.29 Cr.

5.04%

2

Invest
Edelweiss Liquid Fund Direct Plan Monthly IDCW Reinvestment

Edelweiss Liquid Fund Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹3,194.29 Cr.

5.04%

2

Invest
Edelweiss Liquid Fund Direct Plan Monthly IDCW Payout

Edelweiss Liquid Fund Direct Plan Monthly IDCW Payout

Debt Liquid Fund

₹3,194.29 Cr.

5.04%

2

Invest
HSBC Liquid Fund Direct Daily IDCW Reinvestment

HSBC Liquid Fund Direct Daily IDCW Reinvestment

Debt Liquid Fund

₹18,480.41 Cr.

5.04%

1

Invest
Aditya Birla Sun Life Liquid Fund Growth Direct Plan

Aditya Birla Sun Life Liquid Fund Growth Direct Plan

Debt Liquid Fund

₹38,714.76 Cr.

5.03%

3

Invest
Aditya Birla Sun Life Liquid Fund Direct IDCW Payout

Aditya Birla Sun Life Liquid Fund Direct IDCW Payout

Debt Liquid Fund

₹38,714.76 Cr.

5.03%

3

Invest
Union Liquid Fund Direct Plan Weekly IDCW Reinvestment

Union Liquid Fund Direct Plan Weekly IDCW Reinvestment

Debt Liquid Fund

₹2,861.51 Cr.

5.03%

3

Invest
Mirae Asset Cash Management Fund Direct Plan Growth

Mirae Asset Cash Management Fund Direct Plan Growth

Debt Liquid Fund

₹10,113.72 Cr.

5.03%

4.5

Invest
Union Liquid Fund Direct Plan Growth

Union Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹2,861.51 Cr.

5.03%

3

Invest
PGIM India Liquid Fund Direct Plan Growth

PGIM India Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹433.80 Cr.

5.02%

2.5

Invest
Navi Liquid Fund Direct Plan Growth

Navi Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹108.15 Cr.

5.02%

4

Invest
PGIM India Liquid Fund Direct Plan Monthly Dividend Payout

PGIM India Liquid Fund Direct Plan Monthly Dividend Payout

Debt Liquid Fund

₹433.80 Cr.

5.01%

2.5

Invest
PGIM India Liquid Fund Direct Plan Monthly Dividend Reinvestment

PGIM India Liquid Fund Direct Plan Monthly Dividend Reinvestment

Debt Liquid Fund

₹433.80 Cr.

5.01%

2.5

Invest
Bank of India Liquid Fund Direct Plan Growth

Bank of India Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹1,499.15 Cr.

5.01%

4

Invest
Uti Liquid Cash Plan Direct Plan Growth

Uti Liquid Cash Plan Direct Plan Growth

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Quarterly IDCW Payout

UTI Liquid Cash Plan Direct Plan Quarterly IDCW Payout

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Quarterly IDCW Reinvestment

UTI Liquid Cash Plan Direct Plan Quarterly IDCW Reinvestment

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Half Yearly IDCW Payout

UTI Liquid Cash Plan Direct Plan Half Yearly IDCW Payout

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Half Yearly IDCW Reinvestment

UTI Liquid Cash Plan Direct Plan Half Yearly IDCW Reinvestment

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Annual IDCW Payout

UTI Liquid Cash Plan Direct Plan Annual IDCW Payout

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Annual IDCW Reinvestment

UTI Liquid Cash Plan Direct Plan Annual IDCW Reinvestment

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Flexi IDCW Payout

UTI Liquid Cash Plan Direct Plan Flexi IDCW Payout

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Flexi IDCW Reinvestment

UTI Liquid Cash Plan Direct Plan Flexi IDCW Reinvestment

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Weekly IDCW Reinvestment

UTI Liquid Cash Plan Direct Plan Weekly IDCW Reinvestment

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
Axis Liquid Fund Direct Plan Growth

Axis Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹26,889.97 Cr.

5.01%

5

Invest
Axis Liquid Fund Direct Plan Monthly IDCW Payout

Axis Liquid Fund Direct Plan Monthly IDCW Payout

Debt Liquid Fund

₹26,889.97 Cr.

5.01%

5

Invest
Axis Liquid Fund Direct Plan Monthly IDCW Reinvestment

Axis Liquid Fund Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹26,889.97 Cr.

5.01%

5

Invest
UTI Liquid Cash Plan Direct Plan Monthly IDCW Payout

UTI Liquid Cash Plan Direct Plan Monthly IDCW Payout

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Monthly IDCW Reinvestment

UTI Liquid Cash Plan Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹22,049.31 Cr.

5.01%

4.5

Invest
Bank of India Liquid Fund Direct Plan Weekly IDCW Reinvestment

Bank of India Liquid Fund Direct Plan Weekly IDCW Reinvestment

Debt Liquid Fund

₹1,499.15 Cr.

5.01%

4

Invest
HSBC Liquid Fund Growth Direct

HSBC Liquid Fund Growth Direct

Debt Liquid Fund

₹18,480.41 Cr.

5%

1

Invest
JM Liquid Fund Direct Quarterly IDCW Payout

JM Liquid Fund Direct Quarterly IDCW Payout

Debt Liquid Fund

₹1,895.68 Cr.

5%

3

Invest
JM Liquid Fund Direct Quarterly IDCW Reinvestment

JM Liquid Fund Direct Quarterly IDCW Reinvestment

Debt Liquid Fund

₹1,895.68 Cr.

5%

3

Invest
JM Liquid Fund Direct Growth

JM Liquid Fund Direct Growth

Debt Liquid Fund

₹1,895.68 Cr.

5%

3

Invest
Nippon India Liquid Fund Direct Plan Growth Plan Growth

Nippon India Liquid Fund Direct Plan Growth Plan Growth

Debt Liquid Fund

₹22,686.09 Cr.

5%

5

Invest
JM Liquid Fund Direct Bonus Principal Units Reinvestment

JM Liquid Fund Direct Bonus Principal Units Reinvestment

Debt Liquid Fund

₹1,895.68 Cr.

4.99%

3

Invest
Union Liquid Fund Direct Plan Monthly IDCW Reinvestment

Union Liquid Fund Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹2,861.51 Cr.

4.99%

3

Invest
Union Liquid Fund Direct Plan Monthly IDCW Payout

Union Liquid Fund Direct Plan Monthly IDCW Payout

Debt Liquid Fund

₹2,861.51 Cr.

4.99%

3

Invest
LIC MF Liquid Fund Direct Plan Growth

LIC MF Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹8,945.34 Cr.

4.99%

2

Invest
DSP Liquidity Fund Direct Plan Growth

DSP Liquidity Fund Direct Plan Growth

Debt Liquid Fund

₹11,746.09 Cr.

4.98%

4.5

Invest
Edelweiss Liquid Fund Direct Plan Fortnightly IDCW Reinvestment

Edelweiss Liquid Fund Direct Plan Fortnightly IDCW Reinvestment

Debt Liquid Fund

₹3,194.29 Cr.

4.98%

2

Invest
Edelweiss Liquid Fund Direct Plan Fortnightly IDCW Payout

Edelweiss Liquid Fund Direct Plan Fortnightly IDCW Payout

Debt Liquid Fund

₹3,194.29 Cr.

4.98%

2

Invest
ICICI Prudential Liquid Fund Direct Plan Daily IDCW Reinvestment

ICICI Prudential Liquid Fund Direct Plan Daily IDCW Reinvestment

Debt Liquid Fund

₹40,639.23 Cr.

4.98%

2

Invest
Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Plan Growth

Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Plan Growth

Debt Liquid Fund

₹4,454.15 Cr.

4.97%

3

Invest
Bandhan Liquid Fund Direct Plan Periodic IDCW Reinvestment

Bandhan Liquid Fund Direct Plan Periodic IDCW Reinvestment

Debt Liquid Fund

₹14,110.82 Cr.

4.97%

4.5

Invest
Bandhan Liquid Fund Direct Plan Periodic IDCW Payout

Bandhan Liquid Fund Direct Plan Periodic IDCW Payout

Debt Liquid Fund

₹14,110.82 Cr.

4.97%

4.5

Invest
Franklin India Liquid Fund Super Instittutional Direct Growth

Franklin India Liquid Fund Super Instittutional Direct Growth

Debt Liquid Fund

₹1,726.17 Cr.

4.97%

1

Invest
Bandhan Liquid Fund Direct Plan Growth

Bandhan Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹14,110.82 Cr.

4.97%

4.5

Invest
HDFC Liquid Fund IDCW Monthly Direct Plan Payout

HDFC Liquid Fund IDCW Monthly Direct Plan Payout

Debt Liquid Fund

₹52,229.32 Cr.

4.97%

4

Invest
HDFC Liquid Fund IDCW Monthly Direct Plan Reinvestment

HDFC Liquid Fund IDCW Monthly Direct Plan Reinvestment

Debt Liquid Fund

₹52,229.32 Cr.

4.97%

4

Invest
Axis Liquid Fund Direct Plan Weekly IDCW Payout

Axis Liquid Fund Direct Plan Weekly IDCW Payout

Debt Liquid Fund

₹26,889.97 Cr.

4.97%

5

Invest
Axis Liquid Fund Direct Plan Weekly IDCW Reinvestment

Axis Liquid Fund Direct Plan Weekly IDCW Reinvestment

Debt Liquid Fund

₹26,889.97 Cr.

4.97%

5

Invest
ICICI Prudential Liquid Fund Direct Plan Weekly IDCW Reinvestment

ICICI Prudential Liquid Fund Direct Plan Weekly IDCW Reinvestment

Debt Liquid Fund

₹40,639.23 Cr.

4.97%

2

Invest
ICICI Prudential Liquid Fund Direct Plan Weekly IDCW Payout

ICICI Prudential Liquid Fund Direct Plan Weekly IDCW Payout

Debt Liquid Fund

₹40,639.23 Cr.

4.97%

2

Invest
SBI Liquid Fund Direct Plan Growth

SBI Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹62,037.95 Cr.

4.97%

4

Invest
SBI Liquid Fund Direct Plan Weekly IDCW Payout

SBI Liquid Fund Direct Plan Weekly IDCW Payout

Debt Liquid Fund

₹62,037.95 Cr.

4.97%

4

Invest
SBI Liquid Fund Direct Plan Weekly IDCW Reinvestment

SBI Liquid Fund Direct Plan Weekly IDCW Reinvestment

Debt Liquid Fund

₹62,037.95 Cr.

4.97%

4

Invest
Bandhan Liquid Fund Direct Plan Monthly IDCW Reinvestment

Bandhan Liquid Fund Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹14,110.82 Cr.

4.97%

4.5

Invest
Bandhan Liquid Fund Direct Plan Monthly IDCW Payout

Bandhan Liquid Fund Direct Plan Monthly IDCW Payout

Debt Liquid Fund

₹14,110.82 Cr.

4.97%

4.5

Invest
SBI Liquid Fund Direct Paln Fortnightly IDCW Payout

SBI Liquid Fund Direct Paln Fortnightly IDCW Payout

Debt Liquid Fund

₹62,037.95 Cr.

4.97%

4

Invest
SBI Liquid Fund Direct Paln Fortnightly IDCW Reinvestment

SBI Liquid Fund Direct Paln Fortnightly IDCW Reinvestment

Debt Liquid Fund

₹62,037.95 Cr.

4.97%

4

Invest
TATA Liquid Fund Direct Plan Growth

TATA Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹20,002.21 Cr.

4.97%

4

Invest
Invesco India Liquid Fund Direct Plan Monthly IDCW (Payout / Payout)

Invesco India Liquid Fund Direct Plan Monthly IDCW (Payout / Payout)

Debt Liquid Fund

₹7,473.34 Cr.

4.97%

1

Invest
Invesco India Liquid Fund Direct Plan Monthly IDCW (Reinvestment / Reinvestment)

Invesco India Liquid Fund Direct Plan Monthly IDCW (Reinvestment / Reinvestment)

Debt Liquid Fund

₹7,473.34 Cr.

4.97%

1

Invest
Kotak Liquid Growth Direct

Kotak Liquid Growth Direct

Debt Liquid Fund

₹31,169.09 Cr.

4.97%

2

Invest
Nippon India Liquid Fund Direct Plan Weekly IDCW Reinvestment

Nippon India Liquid Fund Direct Plan Weekly IDCW Reinvestment

Debt Liquid Fund

₹22,686.09 Cr.

4.97%

5

Invest
Invesco India Liquid Fund Direct Plan Growth

Invesco India Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹7,473.34 Cr.

4.96%

1

Invest
ICICI Prudential Liquid Fund Direct Plan Growth

ICICI Prudential Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹40,639.23 Cr.

4.96%

2

Invest
ICICI Prudential Liquid Fund Direct Plan IDCW Others Reinvestment

ICICI Prudential Liquid Fund Direct Plan IDCW Others Reinvestment

Debt Liquid Fund

₹40,639.23 Cr.

4.96%

2

Invest
ICICI Prudential Liquid Fund Direct Plan IDCW Others Payout

ICICI Prudential Liquid Fund Direct Plan IDCW Others Payout

Debt Liquid Fund

₹40,639.23 Cr.

4.96%

2

Invest
Canara Robeco Liquid Fund Direct Plan Growth

Canara Robeco Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹3,813.48 Cr.

4.96%

5

Invest
HDFC Liquid Fund IDCW Weekly Direct Plan Reinvestment

HDFC Liquid Fund IDCW Weekly Direct Plan Reinvestment

Debt Liquid Fund

₹52,229.32 Cr.

4.95%

4

Invest
Bandhan Liquid Fund Direct Plan Weekly IDCW Reinvestment

Bandhan Liquid Fund Direct Plan Weekly IDCW Reinvestment

Debt Liquid Fund

₹14,110.82 Cr.

4.95%

4.5

Invest
HSBC Liquid Fund Direct Weekly IDCW Payout

HSBC Liquid Fund Direct Weekly IDCW Payout

Debt Liquid Fund

₹18,480.41 Cr.

4.95%

1

Invest
HSBC Liquid Fund Direct Weekly IDCW Reinvestment

HSBC Liquid Fund Direct Weekly IDCW Reinvestment

Debt Liquid Fund

₹18,480.41 Cr.

4.95%

1

Invest
Canara Robeco Liquid Fund Direct Plan Weekly IDCW (Reinvestment/Reinvestment) Reinvestment

Canara Robeco Liquid Fund Direct Plan Weekly IDCW (Reinvestment/Reinvestment) Reinvestment

Debt Liquid Fund

₹3,813.48 Cr.

4.95%

5

Invest
Canara Robeco Liquid Fund Direct Plan Weekly IDCW (Payout/Payout) Payout

Canara Robeco Liquid Fund Direct Plan Weekly IDCW (Payout/Payout) Payout

Debt Liquid Fund

₹3,813.48 Cr.

4.95%

5

Invest
Canara Robeco Liquid Fund Direct Plan Monthly IDCW (Reinvestment/Reinvestment) Reinvestment

Canara Robeco Liquid Fund Direct Plan Monthly IDCW (Reinvestment/Reinvestment) Reinvestment

Debt Liquid Fund

₹3,813.48 Cr.

4.95%

5

Invest
Canara Robeco Liquid Fund Direct Plan IDCW (Payout/Payout) Payout

Canara Robeco Liquid Fund Direct Plan IDCW (Payout/Payout) Payout

Debt Liquid Fund

₹3,813.48 Cr.

4.95%

5

Invest
Canara Robeco Liquid Fund Direct Plan Monthly IDCW (Payout/Payout) Payout

Canara Robeco Liquid Fund Direct Plan Monthly IDCW (Payout/Payout) Payout

Debt Liquid Fund

₹3,813.48 Cr.

4.95%

5

Invest
HDFC Liquid Fund Growth Direct Plan

HDFC Liquid Fund Growth Direct Plan

Debt Liquid Fund

₹52,229.32 Cr.

4.95%

4

Invest
Navi Liquid Fund Direct Plan Weekly IDCW Payout Payout

Navi Liquid Fund Direct Plan Weekly IDCW Payout Payout

Debt Liquid Fund

₹108.15 Cr.

4.92%

4

Invest
Navi Liquid Fund Direct Plan Weekly IDCW Reinvestment Reinvestment

Navi Liquid Fund Direct Plan Weekly IDCW Reinvestment Reinvestment

Debt Liquid Fund

₹108.15 Cr.

4.92%

4

Invest
Union Liquid Fund Direct Plan Fortnightly IDCW Reinvestment

Union Liquid Fund Direct Plan Fortnightly IDCW Reinvestment

Debt Liquid Fund

₹2,861.51 Cr.

4.91%

3

Invest
Union Liquid Fund Direct Plan Fortnightly IDCW Payout

Union Liquid Fund Direct Plan Fortnightly IDCW Payout

Debt Liquid Fund

₹2,861.51 Cr.

4.91%

3

Invest
Franklin India Liquid Fund Super Institutional Plan Direct Weekly IDCW Payout

Franklin India Liquid Fund Super Institutional Plan Direct Weekly IDCW Payout

Debt Liquid Fund

₹1,726.17 Cr.

4.9%

1

Invest
JM Liquid Fund Direct Weekly IDCW Payout

JM Liquid Fund Direct Weekly IDCW Payout

Debt Liquid Fund

₹1,895.68 Cr.

4.87%

3

Invest
JM Liquid Fund Direct Weekly IDCW Reinvestment

JM Liquid Fund Direct Weekly IDCW Reinvestment

Debt Liquid Fund

₹1,895.68 Cr.

4.87%

3

Invest
Edelweiss Liquid Fund Direct Plan Weekly IDCW Reinvestment

Edelweiss Liquid Fund Direct Plan Weekly IDCW Reinvestment

Debt Liquid Fund

₹3,194.29 Cr.

4.87%

2

Invest
Edelweiss Liquid Fund Direct Plan Weekly IDCW Payout

Edelweiss Liquid Fund Direct Plan Weekly IDCW Payout

Debt Liquid Fund

₹3,194.29 Cr.

4.87%

2

Invest
Mirae Asset Cash Management Fund Direct Monthly IDCW Payout

Mirae Asset Cash Management Fund Direct Monthly IDCW Payout

Debt Liquid Fund

₹10,113.72 Cr.

4.86%

4.5

Invest
Mirae Asset Cash Management Fund Direct Monthly IDCW Reinvestment

Mirae Asset Cash Management Fund Direct Monthly IDCW Reinvestment

Debt Liquid Fund

₹10,113.72 Cr.

4.86%

4.5

Invest
Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan IDCW (Reinvestment)

Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan IDCW (Reinvestment)

Debt Liquid Fund

₹158.24 Cr.

4.86%

2

Invest
Quant Liquid Fund Monthly IDCW Direct Plan Payout

Quant Liquid Fund Monthly IDCW Direct Plan Payout

Debt Liquid Fund

₹1,795.04 Cr.

4.85%

2

Invest
Quant Liquid Fund Monthly IDCW Direct Plan Reinvestment

Quant Liquid Fund Monthly IDCW Direct Plan Reinvestment

Debt Liquid Fund

₹1,795.04 Cr.

4.85%

2

Invest
ITI Liquid Fund Direct Plan Annually IDCW Reinvestment

ITI Liquid Fund Direct Plan Annually IDCW Reinvestment

Debt Liquid Fund

₹34.39 Cr.

4.82%

1.5

Invest
ITI Liquid Fund Direct Plan Annually IDCW Payout

ITI Liquid Fund Direct Plan Annually IDCW Payout

Debt Liquid Fund

₹34.39 Cr.

4.82%

1.5

Invest
Quantum Liquid Fund Direct Plan Monthly IDCW Reinvestment

Quantum Liquid Fund Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹589.44 Cr.

4.79%

1.5

Invest
Groww Liquid Fund (formerly known as Indiabulls Liquid) Fund Direct Plan Growth

Groww Liquid Fund (formerly known as Indiabulls Liquid) Fund Direct Plan Growth

Debt Liquid Fund

₹158.24 Cr.

4.79%

2

Invest
Quantum Liquid Fund Direct Plan Growth

Quantum Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹589.44 Cr.

4.79%

1.5

Invest
ITI Liquid Fund Direct Plan Growth

ITI Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹34.39 Cr.

4.79%

1.5

Invest
ITI Liquid Fund Direct Plan Monthly IDCW Reinvestment

ITI Liquid Fund Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹34.39 Cr.

4.79%

1.5

Invest
ITI Liquid Fund Direct Plan Monthly IDCW Payout

ITI Liquid Fund Direct Plan Monthly IDCW Payout

Debt Liquid Fund

₹34.39 Cr.

4.79%

1.5

Invest
360 One Liquid Fund Direct Plan Growth

360 One Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹567.16 Cr.

4.79%

2

Invest
UTI Liquid Cash Plan Direct Plan Fortnightly IDCW Payout

UTI Liquid Cash Plan Direct Plan Fortnightly IDCW Payout

Debt Liquid Fund

₹22,049.31 Cr.

4.78%

4.5

Invest
UTI Liquid Cash Plan Direct Plan Fortnightly IDCW Reinvestment

UTI Liquid Cash Plan Direct Plan Fortnightly IDCW Reinvestment

Debt Liquid Fund

₹22,049.31 Cr.

4.78%

4.5

Invest
Nippon India Liquid Fund Direct Plan Monthly IDCW Payout

Nippon India Liquid Fund Direct Plan Monthly IDCW Payout

Debt Liquid Fund

₹22,686.09 Cr.

4.78%

5

Invest
Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment

Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹22,686.09 Cr.

4.78%

5

Invest
HSBC Liquid Fund Direct Monthly IDCW Payout

HSBC Liquid Fund Direct Monthly IDCW Payout

Debt Liquid Fund

₹18,480.41 Cr.

4.77%

1

Invest
HSBC Liquid Fund Direct Monthly IDCW Reinvestment

HSBC Liquid Fund Direct Monthly IDCW Reinvestment

Debt Liquid Fund

₹18,480.41 Cr.

4.77%

1

Invest
PGIM India Liquid Fund Direct Plan Weekly Dividend Reinvestment

PGIM India Liquid Fund Direct Plan Weekly Dividend Reinvestment

Debt Liquid Fund

₹433.80 Cr.

4.75%

2.5

Invest
IIFL Liquid Fund Direct Plan Daily Dividend Reinvestment

IIFL Liquid Fund Direct Plan Daily Dividend Reinvestment

Debt Liquid Fund

₹567.16 Cr.

4.74%

2

Invest
Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Weekly IDCW (Reinvestment & Reinvestment)

Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Weekly IDCW (Reinvestment & Reinvestment)

Debt Liquid Fund

₹158.24 Cr.

4.74%

2

Invest
Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Weekly IDCW (Payout & Payout)

Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Weekly IDCW (Payout & Payout)

Debt Liquid Fund

₹158.24 Cr.

4.74%

2

Invest
Parag Parikh Liquid Fund Direct Plan Growth

Parag Parikh Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹2,027.19 Cr.

4.72%

1.5

Invest
Parag Parikh Liquid Fund Direct Plan Monthly IDCW Reinvestment

Parag Parikh Liquid Fund Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹2,027.19 Cr.

4.72%

1.5

Invest
Parag Parikh Liquid Fund Direct Plan Monthly IDCW Payout

Parag Parikh Liquid Fund Direct Plan Monthly IDCW Payout

Debt Liquid Fund

₹2,027.19 Cr.

4.72%

1.5

Invest
Quantum Liquid Fund Direct Plan Daily IDCW Reinvestment

Quantum Liquid Fund Direct Plan Daily IDCW Reinvestment

Debt Liquid Fund

₹589.44 Cr.

4.71%

1.5

Invest
Whiteoak Capital Liquid Fund Direct Plan Monthly Payout/ Payout of IDCW Payout

Whiteoak Capital Liquid Fund Direct Plan Monthly Payout/ Payout of IDCW Payout

Debt Liquid Fund

₹207.95 Cr.

4.71%

1.5

Invest
Whiteoak Capital Liquid Fund Direct Plan Monthly Reinvestment/ Reinvestment of IDCW Reinvestment

Whiteoak Capital Liquid Fund Direct Plan Monthly Reinvestment/ Reinvestment of IDCW Reinvestment

Debt Liquid Fund

₹207.95 Cr.

4.71%

1.5

Invest
Whiteoak Capital Liquid Fund Direct Plan Growth

Whiteoak Capital Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹207.95 Cr.

4.71%

1.5

Invest
Motilal Oswal Liquid Fund Direct IDCW Monthly Reinvestment/Reinvestment Reinvestment

Motilal Oswal Liquid Fund Direct IDCW Monthly Reinvestment/Reinvestment Reinvestment

Debt Liquid Fund

₹487.85 Cr.

4.67%

1

Invest
Motilal Oswal Liquid Fund Direct IDCW Monthly Payout/Payout Payout

Motilal Oswal Liquid Fund Direct IDCW Monthly Payout/Payout Payout

Debt Liquid Fund

₹487.85 Cr.

4.67%

1

Invest
360 One Liquid Fund Direct Plan Weekly Dividend Payout

360 One Liquid Fund Direct Plan Weekly Dividend Payout

Debt Liquid Fund

₹567.16 Cr.

4.66%

2

Invest
360 One Liquid Fund Direct Plan Weekly Dividend Reinvestment

360 One Liquid Fund Direct Plan Weekly Dividend Reinvestment

Debt Liquid Fund

₹567.16 Cr.

4.66%

2

Invest
Motilal Oswal Liquid Fund Direct Growth

Motilal Oswal Liquid Fund Direct Growth

Debt Liquid Fund

₹487.85 Cr.

4.66%

1

Invest
Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Monthly IDCW (Reinvestment & Reinvestment)

Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Monthly IDCW (Reinvestment & Reinvestment)

Debt Liquid Fund

₹158.24 Cr.

4.59%

2

Invest
Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Monthly IDCW (Payout & Payout)

Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Monthly IDCW (Payout & Payout)

Debt Liquid Fund

₹158.24 Cr.

4.59%

2

Invest
Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Fortnightly IDCW (Reinvestment & Reinvestment)

Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Fortnightly IDCW (Reinvestment & Reinvestment)

Debt Liquid Fund

₹158.24 Cr.

4.57%

2

Invest
Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Fortnightly IDCW (Payout & Payout)

Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) Direct Plan Fortnightly IDCW (Payout & Payout)

Debt Liquid Fund

₹158.24 Cr.

4.57%

2

Invest
Nippon India Liquid Fund Direct Plan Quarterly IDCW Payout

Nippon India Liquid Fund Direct Plan Quarterly IDCW Payout

Debt Liquid Fund

₹22,686.09 Cr.

4.46%

5

Invest
Nippon India Liquid Fund Direct Plan Quarterly IDCW Reinvestment

Nippon India Liquid Fund Direct Plan Quarterly IDCW Reinvestment

Debt Liquid Fund

₹22,686.09 Cr.

4.46%

5

Invest
Motilal Oswal Liquid Fund Direct IDCW Quarterly Reinvestment/Reinvestment Reinvestment

Motilal Oswal Liquid Fund Direct IDCW Quarterly Reinvestment/Reinvestment Reinvestment

Debt Liquid Fund

₹487.85 Cr.

2.48%

1

Invest
Motilal Oswal Liquid Fund Direct IDCW Quarterly Payout/Payout Payout

Motilal Oswal Liquid Fund Direct IDCW Quarterly Payout/Payout Payout

Debt Liquid Fund

₹487.85 Cr.

2.48%

1

Invest
TRUSTMF Liquid Fund Direct Plan Monthly IDCW Reinvestment

TRUSTMF Liquid Fund Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹226.87 Cr.

0%

0

Invest
TRUSTMF Liquid Fund Direct Plan Monthly IDCW Payout

TRUSTMF Liquid Fund Direct Plan Monthly IDCW Payout

Debt Liquid Fund

₹226.87 Cr.

0%

0

Invest
Bajaj Finserv Liquid Fund Direct Plan Growth

Bajaj Finserv Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹2,121.78 Cr.

0%

0

Invest
Bajaj Finserv Liquid Fund Direct Plan Monthly IDCW Reinvestment

Bajaj Finserv Liquid Fund Direct Plan Monthly IDCW Reinvestment

Debt Liquid Fund

₹2,121.78 Cr.

0%

0

Invest
Bajaj Finserv Liquid Fund Direct Plan Monthly IDCW Payout

Bajaj Finserv Liquid Fund Direct Plan Monthly IDCW Payout

Debt Liquid Fund

₹2,121.78 Cr.

0%

0

Invest
TRUSTMF Liquid Fund Direct Plan Growth

TRUSTMF Liquid Fund Direct Plan Growth

Debt Liquid Fund

₹226.87 Cr.

0%

0

Invest
Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Quarterly IDCW Reinvestment

Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Quarterly IDCW Reinvestment

Debt Liquid Fund

₹4,454.15 Cr.

0%

0

Invest

About Liquid Funds

  • Liquid funds are debt funds that are invested in short-term assets. As per the SEBI regulations, liquid funds are only allowed to invest in money market securities and debt that has maturities of up to 91 days. These assets include government securities, treasury bills, certificates of deposit, repo, or commercial papers.
  • The market price of the securities held by the fund determines the return of a liquid fund. The prices of short-term bonds don’t change as much as those of long-term bonds. This makes the returns of the liquid funds to be more stable than other debt funds.

How do Liquid Funds work

Mutual funds in the category of liquid funds invest your money in debt instruments of a short-term nature. According to the regulations set forth by the Securities and Exchange Board of India (SEBI), liquid funds can invest capital in debt instruments with maturities reaching 91 days and money market securities only. Such assets comprise treasury bills, government securities, certificates of deposit, commercial papers, or etc.

The primary aim of liquid funds is to work in such a way as to provide you with the liquidity of capital. This is the main idea of short-term debt instruments as the main investments in such funds. The returns of liquid funds are largely dependent on the market value of the various securities that the fund holds. In terms of security in your investments, liquid funds may give your portfolio the stability it needs if you have other high-risk investments.

Features of Liquid Mutual Funds

  1. Returns – Despite the likelihood of being affected by market conditions, liquid funds may offer a higher rate of return upon redemption. Historically, liquid debt funds have generated returns of around 7%-9%, quite higher compared to the returns of a savings account.
  2. Financial goals – Liquid mutual funds can be considerably helpful when saving up for emergency funds. Besides giving higher returns than saving the capital in bank accounts, the best liquid funds also offer quick and easy liquidity when required.
  3. Investment horizon – Liquid funds give you increased flexibility when it comes to the holding period/investment horizon. In case you want to set aside your emergency corpus in liquid funds, considering a longer tenure meets the purpose. In case you are considering liquid funds as temporary investments to hold surplus funds till you find the right option to invest your money in, you can consider a shorter horizon as you depending on your need.
  4. Costs – As with all mutual funds, liquid funds also charge a small fee called an expense ratio to manage your funds. SEBI has mandated the upper limit for the expense ratio to be 1.05%.

Advantages of Liquid Funds

  1. Low risk – The best liquid mutual fund is a low-risk debt fund that ensures securing the principal and offering steady returns. This causes the liquid funds’ cycle to be stable across diverse interest rate cycles. On the flip side, funds with longer-holding maturity securities may reap solid profits when rates drop or may end up making losses with the rates rise.
  2. Low cost – As liquid mutual funds in India are not as actively managed, they are a low-cost debt fund compared to other variants. Most liquid funds even operate at an expense ratio of less than 1%. This low-cost structure offers the investor a promising return on their investment.
  3. Flexible holding period – The investors of a liquid mutual fund may hold their investments for as long as they want. Though, there is a small exit load that may be charged for redemption within 7 days. However, its flexibility makes it an easy investment option to enter and exit while offering steady returns when holding the investments.
  4. Quick redemption – Redemption requests are handled promptly, allowing for the request to be processed within one working day. Besides that, some funds even offer a much quicker redemption. This is possible as liquid funds are usually invested in highly liquid securities with a lower default possibility.

Risks involved in Liquid Funds

  1. Interest rate risk – Interest rate risk arises as a result of the change in bond prices due to interest rate fluctuations. A high rate of interest results in a drop in bond prices, whereas a low rate of interest leads to high bond prices.
  2. Inflation risk – Liquid fund returns are generally lower compared to other investment options, such as stocks and bonds, as per their safety and short-term nature. Due to this, the returns may not be able to beat the rate of inflation. This risk further increases with the bond maturity period.
  3. Credit risk – Liquid funds aren’t insured like traditional savings and fixed deposit accounts. Despite investing in high-quality securities, risk in the market is still inevitable. This may lead to not getting the invested capital when redeeming the funds. When the issuer is not able to pay the principal or the interest on time, then the bond is considered to be in default. The prices of the issuer’s bonds or the NAV of the liquid fund are both likely to diminish if the credit rating or the issuer’s credibility diminishes.

Factors to Consider Before Investing in Liquid Funds

The factor of risk in any investment is one of the foremost things on people’s minds. The potential risk in mutual funds comes into the picture if there are potential fluctuations in the NAV (net asset value) of the fund. In terms of liquid funds, this doesn’t pose much of a threat as fluctuations may be minimal. Yet, you may want to reflect on some factors before you invest in liquid funds:

  • Liquid funds may not be completely free from the bane of risk, but they are relatively less risky than equity-oriented mutual funds. As liquid funds are invested in for short periods, they don’t tend to feel the impact of fluctuations in the markets. Nonetheless, consider the fact that the credit ratings of underlying securities may suddenly drop, and this may pose some risk. All in all, if you are an investor who is seeking minimal risk with relatively low to moderate returns, such funds may be good for you to park your money for a short period.
  • You may contemplate investment in liquid funds if you wish to invest some surplus cash in a short-term investment vehicle. You may also consider these funds as they give you liquidity when you want it, and offer better returns for short periods than other investment channels like bank fixed deposits, or even savings accounts.
  • In case you wish to invest in a fund with potentially assured returns and low expense ratios, you may think about liquid funds. These funds may suit short-term investors who would not like to take risks with equity.
  • It is important to assess your own financial goals and requirements before you invest. Liquid funds may be suited to you if you want short-term gains or wish to create an emergency fund.

Who Should Invest in Liquid Funds?

  1. Investment horizon – As the funds invest in securities with short maturity periods, liquid funds are ideal for investors with an investment horizon of up to 3 months. However, investors with a longer investment horizon can opt for a longer duration, such as 6 months or a year.
  2. Higher returns than a savings account – Individuals who keep their funds in the bank as deposits can benefit from liquid funds through greater flexibility and steady returns. The best-performing liquid funds offer flexible holding periods with easier exit options.
  3. Contingency funds – Liquid funds are excellent options to set aside your contingency corpus or an emergency fund. This comes with the security of keeping the funds safe as the funds themselves are less risky and volatile. To add to this, you can also redeem them whenever required.
  4. Temporary investments – The best-performing liquid funds are crafted in a way that helps you park funds while also helping you earn a stable and s