Best Mutual Funds Launched in India in 2025 - JioBlackRock Liquid, HDFC Innovation Fund & More

In 2025, several mutual funds were launched across various sectors in India, catering to different investor needs and market segments. As of October 31, 2025, these newly launched funds collectively managed net assets worth ₹79,87,939.94 crore, reflecting growing investor interest in diversified investment opportunities. The funds span categories such as equity, debt, hybrid, and sectoral themes. 

In this article, find the best mutual funds launched in 2025 based on various parameters. 

Best Mutual Funds Launched in India in 2025 – Based on AUM

Note: The mutual funds listed here are as of December 5, 2025, and are sorted based on their AUM. 

Overview of Best Mutual Funds Launched in India in 2025

1. JioBlackRock Liquid Fund 

JioBlackRock Liquid Fund is an open-ended liquid scheme designed to optimise investors’ short-term cash surpluses while offering high liquidity and steady returns. 

The fund carries relatively low interest rate and credit risk and invests in high-quality debt and money market instruments with maturities of up to 91 days, including commercial papers (CPs), certificates of deposit (CDs), and non-convertible debentures (NCDs). The fund was launched on July 4, 2025, with a minimum SIP amount of ₹500.

Key Metrics: 

• Expense Ratio: 0.10%
• Absolute Returns (3M): 1.45% 

2. JioBlackRock Money Market Fund 

JioBlackRock Money Market Fund is an open-ended debt scheme that invests in high-quality money market instruments with maturities of up to one year. 

The fund carries relatively low interest rate risk and moderate credit risk, focusing on instruments such as commercial papers (CPs), certificates of deposit (CDs), and Treasury Bills (T-Bills) to optimise short-term returns. Launched on July 4, 2025, the fund allows investors to start with a minimum SIP amount of ₹500.

Key Metrics: 

• Expense Ratio: 0.15%
• Absolute Returns (3M): 1.51%

3. HDFC Innovation Fund 

HDFC Innovation Fund is an open-ended equity-oriented scheme that invests in companies adopting innovative themes and strategies. Launched on July 17, 2025, the fund allows investors to start with a minimum SIP amount of ₹100.

Key Metrics: 

• Expense Ratio: 0.71%
• Absolute Returns (3M): 2.93%

4. ICICI Prudential Quality Fund 

ICICI Prudential Quality Fund is an open-ended equity scheme that follows the Quality Factor theme. Launched on May 23, 2025, the fund requires a minimum application amount of ₹5,000.

Key Metrics: 

• Expense Ratio: 0.82%
• Absolute Returns (3M): 4.90%

5. Franklin India Multi Asset Allocation Fund

Franklin India Multi Asset Allocation Fund is an open-ended scheme that invests across equity, debt, and commodities. The fund was launched on July 11, 2025, with a minimum fresh investment of ₹5,000.

Key Metrics: 

• Expense Ratio: 0.21%
• Absolute Returns (3M): 5.88%

Best Mutual Funds Launched in India in 2025 – Based on 3M Absolute Returns

Note: The mutual funds listed here are as of December 5, 2025, and the funds have AUM more than ₹500 crore. They sorted by 3M Absolute Returns.

Also Read: Best Gold Mutual Funds in India for Dec 2025!

Conclusion

Investors should carefully evaluate their risk appetite, investment objectives, and financial goals before investing in any mutual fund, ensuring alignment with their portfolio strategy.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.