+91-22-48913909Top 10 Liquid Mutual Funds 2026
Liquid Funds are the best options for the surplus cash which are lying in the Bank account. Liquid Funds are those Mutual Funds that invest your money in a very short money market instruments like treasury bills, commercial papers, certificate of deposit, etc.
These funds are highly liquid in nature and they have no entry or exit load. Due to the supreme advantages that liquid funds offer; they are often considered to be a better investment option than fixed deposits and Savings Account.
Top 10 Liquid Mutual Funds offer the opportunity to fetch better returns without compromising on the liquidity factors. The best performing liquid funds let you earn great returns in a short span of time. As the average maturity of liquid funds is less than 91 days, it is best suitable for investors looking for a short-term Investment plan. Furthermore, as Liquid Mutual Funds are not much affected by the market Volatility, investors can easily invest without worrying about the risk factors.
Key Benefits of Investing in Liquid Funds
Some of the major benefits of investing in Liquid Mutual Funds are:
- In Liquid fund, you can withdraw your funds within a span of 24 hours
- As liquid funds mainly invest in fixed income securities which have a short maturity period, they have the lowest interest rate risk as compared to other debt mutual funds
- Liquid Mutual Funds offer an average return of about 7.5-8% per annum
- These funds have no lock-in period, which means that you can redeem your cash wherever required
- Liquid Funds offer valuable tax benefits
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Fund Selection Methodology used to find 10 funds
Top 10 Liquid Mutual Funds FY 26 - 27
Fund NAV Net Assets (Cr) 1 MO (%) 3 MO (%) 6 MO (%) 1 YR (%) 2025 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity PGIM India Insta Cash Fund Growth ₹361.752
↑ 0.02 ₹612 0.6 1.6 3.3 6.3 6.5 6.57% 1M 10D 1M 10D Indiabulls Liquid Fund Growth ₹2,686.58
↑ 0.02 ₹262 0.6 1.6 3.3 6.2 6.6 6.13% 1M 1D 1M 1D JM Liquid Fund Growth ₹75.7151
↑ 0.00 ₹2,147 0.6 1.6 3.2 6.1 6.4 6.43% 26D 27D Axis Liquid Fund Growth ₹3,095.19
↑ 0.03 ₹56,168 0.6 1.7 3.3 6.3 6.6 6.23% 1M 5D 1M 5D Aditya Birla Sun Life Liquid Fund Growth ₹447.757
↓ 0.00 ₹47,520 0.6 1.6 3.3 6.3 6.5 7.01% 1M 17D 1M 20D Invesco India Liquid Fund Growth ₹3,819.03
↓ -0.01 ₹14,989 0.6 1.6 3.3 6.3 6.5 6.56% 30D 1M 1D Nippon India Liquid Fund Growth ₹6,779.62
↑ 0.07 ₹31,752 0.6 1.6 3.3 6.2 6.5 6.98% 1M 14D 1M 17D Tata Liquid Fund Growth ₹4,375.09
↓ -0.06 ₹30,449 0.6 1.6 3.3 6.2 6.5 6.59% 1M 6D 1M 6D ICICI Prudential Liquid Fund Growth ₹411.127
↑ 0.00 ₹58,096 0.6 1.6 3.3 6.2 6.5 6.46% 1M 4D 1M 7D Baroda Pioneer Liquid Fund Growth ₹3,192.09
↑ 0.05 ₹11,380 0.6 1.6 3.2 6.2 6.4 6.17% 30D 1M 1D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 7 Jul 26 Research Highlights & Commentary of 10 Funds showcased
Commentary PGIM India Insta Cash Fund Indiabulls Liquid Fund JM Liquid Fund Axis Liquid Fund Aditya Birla Sun Life Liquid Fund Invesco India Liquid Fund Nippon India Liquid Fund Tata Liquid Fund ICICI Prudential Liquid Fund Baroda Pioneer Liquid Fund Point 1 Bottom quartile AUM (₹612 Cr). Bottom quartile AUM (₹262 Cr). Bottom quartile AUM (₹2,147 Cr). Top quartile AUM (₹56,168 Cr). Upper mid AUM (₹47,520 Cr). Lower mid AUM (₹14,989 Cr). Upper mid AUM (₹31,752 Cr). Upper mid AUM (₹30,449 Cr). Highest AUM (₹58,096 Cr). Lower mid AUM (₹11,380 Cr). Point 2 Established history (18+ yrs). Established history (14+ yrs). Oldest track record among peers (28 yrs). Established history (16+ yrs). Established history (22+ yrs). Established history (19+ yrs). Established history (22+ yrs). Established history (21+ yrs). Established history (20+ yrs). Established history (17+ yrs). Point 3 Top rated. Rating: 5★ (top quartile). Rating: 5★ (upper mid). Rating: 4★ (upper mid). Rating: 4★ (upper mid). Rating: 4★ (lower mid). Rating: 4★ (lower mid). Rating: 4★ (bottom quartile). Rating: 4★ (bottom quartile). Rating: 4★ (bottom quartile). Point 4 Risk profile: Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Point 5 1Y return: 6.27% (top quartile). 1Y return: 6.24% (upper mid). 1Y return: 6.13% (bottom quartile). 1Y return: 6.31% (top quartile). 1Y return: 6.27% (upper mid). 1Y return: 6.26% (upper mid). 1Y return: 6.23% (lower mid). 1Y return: 6.23% (lower mid). 1Y return: 6.21% (bottom quartile). 1Y return: 6.18% (bottom quartile). Point 6 1M return: 0.62% (upper mid). 1M return: 0.60% (lower mid). 1M return: 0.60% (bottom quartile). 1M return: 0.62% (upper mid). 1M return: 0.62% (top quartile). 1M return: 0.62% (top quartile). 1M return: 0.61% (lower mid). 1M return: 0.60% (bottom quartile). 1M return: 0.62% (upper mid). 1M return: 0.59% (bottom quartile). Point 7 Sharpe: 2.23 (upper mid). Sharpe: 2.32 (upper mid). Sharpe: 1.80 (bottom quartile). Sharpe: 2.39 (top quartile). Sharpe: 2.20 (lower mid). Sharpe: 2.29 (upper mid). Sharpe: 1.97 (bottom quartile). Sharpe: 2.42 (top quartile). Sharpe: 2.01 (lower mid). Sharpe: 1.95 (bottom quartile). Point 8 Information ratio: 0.62 (top quartile). Information ratio: 0.76 (top quartile). Information ratio: -0.49 (bottom quartile). Information ratio: 0.00 (upper mid). Information ratio: 0.00 (upper mid). Information ratio: 0.00 (lower mid). Information ratio: 0.00 (lower mid). Information ratio: 0.00 (bottom quartile). Information ratio: 0.45 (upper mid). Information ratio: -0.02 (bottom quartile). Point 9 Yield to maturity (debt): 6.57% (upper mid). Yield to maturity (debt): 6.13% (bottom quartile). Yield to maturity (debt): 6.43% (lower mid). Yield to maturity (debt): 6.23% (bottom quartile). Yield to maturity (debt): 7.01% (top quartile). Yield to maturity (debt): 6.56% (upper mid). Yield to maturity (debt): 6.98% (top quartile). Yield to maturity (debt): 6.59% (upper mid). Yield to maturity (debt): 6.46% (lower mid). Yield to maturity (debt): 6.17% (bottom quartile). Point 10 Modified duration: 0.11 yrs (bottom quartile). Modified duration: 0.09 yrs (upper mid). Modified duration: 0.07 yrs (top quartile). Modified duration: 0.10 yrs (lower mid). Modified duration: 0.13 yrs (bottom quartile). Modified duration: 0.08 yrs (top quartile). Modified duration: 0.12 yrs (bottom quartile). Modified duration: 0.10 yrs (lower mid). Modified duration: 0.09 yrs (upper mid). Modified duration: 0.08 yrs (upper mid). PGIM India Insta Cash Fund
Indiabulls Liquid Fund
JM Liquid Fund
Axis Liquid Fund
Aditya Birla Sun Life Liquid Fund
Invesco India Liquid Fund
Nippon India Liquid Fund
Tata Liquid Fund
ICICI Prudential Liquid Fund
Baroda Pioneer Liquid Fund
(Erstwhile DHFL Pramerica Insta Cash Plus Fund) To generate steady returns along with high liquidity by investing in a portfolio of short-term, high quality money market and debt instruments. Below is the key information for PGIM India Insta Cash Fund Returns up to 1 year are on To provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91days. However, there can be no assurance that the investment objective of the scheme will be achieved. Research Highlights for Indiabulls Liquid Fund Below is the key information for Indiabulls Liquid Fund Returns up to 1 year are on (Erstwhile JM High Liquidity Fund) To provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in debt and money market instruments. Research Highlights for JM Liquid Fund Below is the key information for JM Liquid Fund Returns up to 1 year are on To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However there can be no assurance that the investment objective of the scheme will be achieved. Research Highlights for Axis Liquid Fund Below is the key information for Axis Liquid Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life Cash Plus Fund) An Open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. Research Highlights for Aditya Birla Sun Life Liquid Fund Below is the key information for Aditya Birla Sun Life Liquid Fund Returns up to 1 year are on To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. Research Highlights for Invesco India Liquid Fund Below is the key information for Invesco India Liquid Fund Returns up to 1 year are on (Erstwhile Reliance Liquid Fund - Treasury Plan) The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments. Research Highlights for Nippon India Liquid Fund Below is the key information for Nippon India Liquid Fund Returns up to 1 year are on (Erstwhile TATA Money Market Fund ) To create a highly liquid portfolio of money market instruments so as to provide reasonable returns and high liquidity to the unitholders. Research Highlights for Tata Liquid Fund Below is the key information for Tata Liquid Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Liquid Plan) To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market and debt securities. Research Highlights for ICICI Prudential Liquid Fund Below is the key information for ICICI Prudential Liquid Fund Returns up to 1 year are on To generate income with a high level of liquidity by investing in a portfolio of money market and debt securities. Research Highlights for Baroda Pioneer Liquid Fund Below is the key information for Baroda Pioneer Liquid Fund Returns up to 1 year are on 1. PGIM India Insta Cash Fund
PGIM India Insta Cash Fund
Growth Launch Date 5 Sep 07 NAV (07 Jul 26) ₹361.752 ↑ 0.02 (0.00 %) Net Assets (Cr) ₹612 on 31 May 26 Category Debt - Liquid Fund AMC Pramerica Asset Managers Private Limited Rating ☆☆☆☆☆ Risk Low Expense Ratio 0.25 Sharpe Ratio 2.23 Information Ratio 0.62 Alpha Ratio -0.03 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.57% Effective Maturity 1 Month 10 Days Modified Duration 1 Month 10 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,356 30 Jun 23 ₹11,018 30 Jun 24 ₹11,815 30 Jun 25 ₹12,665 30 Jun 26 ₹13,462 Returns for PGIM India Insta Cash Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.3% 1 Year 6.3% 3 Year 6.9% 5 Year 6.1% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.5% 2024 7.3% 2023 7% 2022 4.8% 2021 3.3% 2020 4.2% 2019 6.7% 2018 7.4% 2017 6.7% 2016 7.7% Fund Manager information for PGIM India Insta Cash Fund
Name Since Tenure Puneet Pal 16 Jul 22 3.96 Yr. Akhil Dhar 25 Feb 26 0.34 Yr. Data below for PGIM India Insta Cash Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 93.34% Debt 6.36% Other 0.3% Debt Sector Allocation
Sector Value Cash Equivalent 80.48% Government 9.72% Corporate 9.5% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Clearing Corporation Of India Ltd.
CBLO/Reverse Repo | -12% ₹96 Cr Bajaj Housing Finance Limited
Debentures | -7% ₹55 Cr 5,500,000
↑ 5,500,000 Net Receivables / (Payables)
Net Current Assets | -6% ₹50 Cr Small Industries Development Bank Of India
Debentures | -6% ₹50 Cr 5,000,000
↑ 5,000,000 Indian Bank
Domestic Bonds | -6% ₹49 Cr 5,000,000
↑ 5,000,000 Housing And Urban Development Corporation Limited
Debentures | -6% ₹47 Cr 4,700,000 Aditya Birla Money Ltd.
Commercial Paper | -5% ₹39 Cr 4,000,000
↑ 4,000,000 Icici Securities Limited
Commercial Paper | -4% ₹34 Cr 3,500,000
↑ 3,500,000 India (Republic of)
- | -3% ₹27 Cr 2,700,000 Rec Limited
Debentures | -3% ₹25 Cr 2,500,000
↑ 2,500,000 2. Indiabulls Liquid Fund
Indiabulls Liquid Fund
Growth Launch Date 27 Oct 11 NAV (07 Jul 26) ₹2,686.58 ↑ 0.02 (0.00 %) Net Assets (Cr) ₹262 on 31 May 26 Category Debt - Liquid Fund AMC Indiabulls Asset Management Company Ltd. Rating ☆☆☆☆☆ Risk Low Expense Ratio 0.2 Sharpe Ratio 2.32 Information Ratio 0.76 Alpha Ratio 0.04 Min Investment 500 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.13% Effective Maturity 1 Month 1 Day Modified Duration 1 Month 1 Day Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,329 30 Jun 23 ₹10,957 30 Jun 24 ₹11,753 30 Jun 25 ₹12,601 30 Jun 26 ₹13,392 Returns for Indiabulls Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.3% 1 Year 6.2% 3 Year 6.9% 5 Year 6% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.6% 2024 7.4% 2023 6.8% 2022 4.6% 2021 3.1% 2020 3.9% 2019 6.6% 2018 7.3% 2017 6.7% 2016 7.8% Fund Manager information for Indiabulls Liquid Fund
Name Since Tenure Kaustubh Sule 11 May 23 3.14 Yr. Wilfred Gonsalves 4 May 26 0.16 Yr. Data below for Indiabulls Liquid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 99.71% Debt 0.29% Debt Sector Allocation
Sector Value Cash Equivalent 70.54% Corporate 26.3% Government 3.16% Credit Quality
Rating Value AAA 99.65% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reverse Repo 16-Jun-26
CBLO/Reverse Repo | -18% ₹44 Cr Canara Bank
Domestic Bonds | -10% ₹25 Cr 2,500,000 HDFC Bank Limited
Certificate of Deposit | -10% ₹25 Cr 2,500,000 Hindustan Petroleum Corp Ltd.
Commercial Paper | -10% ₹24 Cr 2,400,000
↑ 2,400,000 Union Bank Of India
Certificate of Deposit | -10% ₹24 Cr 2,400,000
↑ 2,400,000 Bajaj Finance Ltd.
Commercial Paper | -9% ₹22 Cr 2,200,000
↑ 2,200,000 Kotak Mahindra Prime Limited
Commercial Paper | -8% ₹20 Cr 2,000,000
↑ 2,000,000 Punjab National Bank
Debentures | -6% ₹15 Cr 1,500,000
↑ 1,500,000 Axis Bank Limited
Certificate of Deposit | -6% ₹15 Cr 1,500,000
↑ 1,500,000 Small Industries Development Bank of India
Commercial Paper | -6% ₹15 Cr 1,500,000
↑ 1,500,000 3. JM Liquid Fund
JM Liquid Fund
Growth Launch Date 31 Dec 97 NAV (07 Jul 26) ₹75.7151 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹2,147 on 31 May 26 Category Debt - Liquid Fund AMC JM Financial Asset Management Limited Rating ☆☆☆☆☆ Risk Low Expense Ratio 0.22 Sharpe Ratio 1.8 Information Ratio -0.49 Alpha Ratio -0.08 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.43% Effective Maturity 27 Days Modified Duration 26 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,361 30 Jun 23 ₹11,018 30 Jun 24 ₹11,814 30 Jun 25 ₹12,650 30 Jun 26 ₹13,429 Returns for JM Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.2% 1 Year 6.1% 3 Year 6.8% 5 Year 6.1% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.4% 2024 7.2% 2023 7% 2022 4.8% 2021 3.3% 2020 4% 2019 6.6% 2018 7.4% 2017 6.7% 2016 7.7% Fund Manager information for JM Liquid Fund
Name Since Tenure Killol Pandya 5 Nov 24 1.65 Yr. Ruchi Fozdar 3 Apr 24 2.24 Yr. Jayant Dhoot 1 Aug 25 0.91 Yr. Data below for JM Liquid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 99.56% Other 0.44% Debt Sector Allocation
Sector Value Cash Equivalent 74.72% Corporate 16.99% Government 7.85% Credit Quality
Rating Value AA 1.18% AAA 98.82% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tbill
Sovereign Bonds | -5% ₹100 Cr 10,000,000 Export-Import Bank of India
Commercial Paper | -5% ₹98 Cr 10,000,000
↑ 10,000,000 Ccil
CBLO/Reverse Repo | -4% ₹76 Cr 76,061
↑ 76,061 Union Bank Of India
Certificate of Deposit | -4% ₹75 Cr 7,500,000 Axis Bank Limited
Certificate of Deposit | -4% ₹74 Cr 7,500,000
↑ 7,500,000 Net Receivable/Payable
CBLO | -3% ₹56 Cr HDFC Securities Limited
Commercial Paper | -3% ₹50 Cr 5,000,000 Axis Bank Limited
Certificate of Deposit | -3% ₹50 Cr 5,000,000 National Bank For Agriculture And Rural Development
Commercial Paper | -3% ₹50 Cr 5,000,000 Bajaj Finance Limited
Commercial Paper | -3% ₹50 Cr 5,000,000 4. Axis Liquid Fund
Axis Liquid Fund
Growth Launch Date 9 Oct 09 NAV (07 Jul 26) ₹3,095.19 ↑ 0.03 (0.00 %) Net Assets (Cr) ₹56,168 on 31 May 26 Category Debt - Liquid Fund AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Low Expense Ratio 0.23 Sharpe Ratio 2.39 Information Ratio 0 Alpha Ratio 0 Min Investment 500 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.23% Effective Maturity 1 Month 5 Days Modified Duration 1 Month 5 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,361 30 Jun 23 ₹11,030 30 Jun 24 ₹11,839 30 Jun 25 ₹12,692 30 Jun 26 ₹13,498 Returns for Axis Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 3.3% 1 Year 6.3% 3 Year 6.9% 5 Year 6.2% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.6% 2024 7.4% 2023 7.1% 2022 4.9% 2021 3.3% 2020 4.3% 2019 6.6% 2018 7.5% 2017 6.7% 2016 7.6% Fund Manager information for Axis Liquid Fund
Name Since Tenure Devang Shah 5 Nov 12 13.66 Yr. Aditya Pagaria 13 Aug 16 9.89 Yr. Sachin Jain 3 Jul 23 3 Yr. Data below for Axis Liquid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 99.02% Debt 0.8% Other 0.17% Debt Sector Allocation
Sector Value Cash Equivalent 88.21% Corporate 7.79% Government 3.84% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -13% ₹7,525 Cr Canara Bank
Domestic Bonds | -3% ₹1,972 Cr 40,000
↑ 40,000 Export-Import Bank of India
Commercial Paper | -3% ₹1,774 Cr 36,000
↑ 36,000 Union Bank of India
Debentures | -2% ₹1,242 Cr 25,000 Indian Bank
Domestic Bonds | -2% ₹1,182 Cr 24,000
↑ 24,000 HDFC Bank Limited
Certificate of Deposit | -2% ₹1,156 Cr 23,500
↑ 23,500 Tbill
Sovereign Bonds | -2% ₹1,108 Cr 111,500,000 HDFC Bank Limited
Certificate of Deposit | -2% ₹1,036 Cr 21,000
↑ 5,000 Tata Steel Ltd.
Commercial Paper | -2% ₹985 Cr 20,000
↑ 20,000 Export-Import Bank of India
Commercial Paper | -2% ₹985 Cr 20,000
↑ 20,000 5. Aditya Birla Sun Life Liquid Fund
Aditya Birla Sun Life Liquid Fund
Growth Launch Date 30 Mar 04 NAV (07 Jul 26) ₹447.757 ↓ 0.00 (0.00 %) Net Assets (Cr) ₹47,520 on 31 May 26 Category Debt - Liquid Fund AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0.34 Sharpe Ratio 2.2 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.01% Effective Maturity 1 Month 20 Days Modified Duration 1 Month 17 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,357 30 Jun 23 ₹11,026 30 Jun 24 ₹11,828 30 Jun 25 ₹12,676 30 Jun 26 ₹13,475 Returns for Aditya Birla Sun Life Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.3% 1 Year 6.3% 3 Year 6.9% 5 Year 6.2% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.5% 2024 7.3% 2023 7.1% 2022 4.8% 2021 3.3% 2020 4.3% 2019 6.7% 2018 7.4% 2017 6.7% 2016 7.7% Fund Manager information for Aditya Birla Sun Life Liquid Fund
Name Since Tenure Sunaina Cunha 15 Jul 11 14.97 Yr. Kaustubh Gupta 15 Jul 11 14.97 Yr. Sanjay Pawar 1 Jul 22 4 Yr. Data below for Aditya Birla Sun Life Liquid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 98.9% Debt 0.89% Other 0.21% Debt Sector Allocation
Sector Value Cash Equivalent 82.75% Corporate 9.15% Government 7.89% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Net Receivables / (Payables)
Net Current Assets | -4% -₹2,719 Cr Reverse Repo
CBLO/Reverse Repo | -4% ₹2,407 Cr India (Republic of)
- | -3% ₹2,138 Cr 215,312,800 09/07/2026 Maturing 182 DTB
Sovereign Bonds | -2% ₹1,665 Cr 167,000,000
↑ 150,000,000 India (Republic of)
- | -2% ₹1,561 Cr 157,397,500 Clearing Corporation Of India Limited
CBLO/Reverse Repo | -2% ₹1,515 Cr HDFC Bank Limited
Certificate of Deposit | -2% ₹1,378 Cr 28,000
↑ 28,000 Citibank Na/India (24/06/2026) #
Net Current Assets | -2% ₹1,198 Cr 24,000
↑ 24,000 City Union Bank Limited
Debentures | -2% ₹1,180 Cr 24,000
↑ 24,000 National Bank for Agriculture and Rural Development
Commercial Paper | -2% ₹1,009 Cr 20,500
↑ 20,500 6. Invesco India Liquid Fund
Invesco India Liquid Fund
Growth Launch Date 17 Nov 06 NAV (07 Jul 26) ₹3,819.03 ↓ -0.01 (0.00 %) Net Assets (Cr) ₹14,989 on 31 May 26 Category Debt - Liquid Fund AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0.22 Sharpe Ratio 2.29 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.56% Effective Maturity 1 Month 1 Day Modified Duration 30 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,358 30 Jun 23 ₹11,018 30 Jun 24 ₹11,821 30 Jun 25 ₹12,672 30 Jun 26 ₹13,470 Returns for Invesco India Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.3% 1 Year 6.3% 3 Year 6.9% 5 Year 6.1% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.5% 2024 7.4% 2023 7% 2022 4.8% 2021 3.3% 2020 4.1% 2019 6.5% 2018 7.4% 2017 6.7% 2016 7.6% Fund Manager information for Invesco India Liquid Fund
Name Since Tenure Krishna Cheemalapati 25 Apr 11 15.19 Yr. Kunal Jain 2 Apr 26 0.24 Yr. Data below for Invesco India Liquid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 99.23% Debt 0.53% Other 0.24% Debt Sector Allocation
Sector Value Cash Equivalent 89.18% Corporate 6.08% Government 4.49% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Triparty Repo
CBLO/Reverse Repo | -9% ₹1,753 Cr India (Republic of)
- | -3% ₹560 Cr 56,500,000
↑ 56,500,000 Triparty Repo
CBLO/Reverse Repo | -3% ₹500 Cr Union Bank of India
Debentures | -3% ₹493 Cr 50,000,000
↑ 50,000,000 HDFC Bank Ltd.
Debentures | -3% ₹492 Cr 50,000,000
↑ 50,000,000 HDFC Bank Limited
Certificate of Deposit | -3% ₹492 Cr 50,000,000
↑ 50,000,000 National Bank for Agriculture and Rural Development
Commercial Paper | -3% ₹492 Cr 50,000,000
↑ 50,000,000 Small Industries Development Bank of India
Commercial Paper | -3% ₹492 Cr 50,000,000
↑ 50,000,000 Tbill
Sovereign Bonds | -3% ₹485 Cr 48,500,000 Indian Bank
Domestic Bonds | -3% ₹468 Cr 47,500,000
↑ 47,500,000 7. Nippon India Liquid Fund
Nippon India Liquid Fund
Growth Launch Date 9 Dec 03 NAV (07 Jul 26) ₹6,779.62 ↑ 0.07 (0.00 %) Net Assets (Cr) ₹31,752 on 31 May 26 Category Debt - Liquid Fund AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Low Expense Ratio 0.33 Sharpe Ratio 1.97 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load NIL Yield to Maturity 6.98% Effective Maturity 1 Month 17 Days Modified Duration 1 Month 14 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,353 30 Jun 23 ₹11,011 30 Jun 24 ₹11,810 30 Jun 25 ₹12,654 30 Jun 26 ₹13,447 Returns for Nippon India Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.3% 1 Year 6.2% 3 Year 6.9% 5 Year 6.1% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.5% 2024 7.3% 2023 7% 2022 4.8% 2021 3.2% 2020 4.3% 2019 6.7% 2018 7.4% 2017 6.7% 2016 7.7% Fund Manager information for Nippon India Liquid Fund
Name Since Tenure Kinjal Desai 25 May 18 8.11 Yr. Vikash Agarwal 14 Sep 24 1.79 Yr. Amber Singhania 11 Mar 26 0.31 Yr. Data below for Nippon India Liquid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 99.61% Debt 0.17% Other 0.22% Debt Sector Allocation
Sector Value Cash Equivalent 85.08% Government 8.26% Corporate 6.45% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Triparty Repo
CBLO/Reverse Repo | -5% ₹2,077 Cr Reverse Repo
CBLO/Reverse Repo | -3% ₹1,513 Cr National Bank For Agriculture And Rural Development
Commercial Paper | -2% ₹997 Cr 20,000
↓ -5,000 India (Republic of)
- | -2% ₹990 Cr 99,500,000
↑ 500,000 Indian Oil Corp Ltd.
Commercial Paper | -2% ₹774 Cr 15,500
↑ 15,500 Reliance Retail Ventures Limited
Commercial Paper | -2% ₹749 Cr 15,000 Ntpc Ltd
Commercial Paper | -2% ₹746 Cr 15,000 IDBI Bank Limited (Industrial Development Bank Of India Ltd)
Certificate of Deposit | -2% ₹742 Cr 15,000
↑ 15,000 Small Industries Development Bank of India
Commercial Paper | -2% ₹738 Cr 15,000
↑ 15,000 National Bank for Agriculture and Rural Development
Commercial Paper | -2% ₹738 Cr 15,000
↑ 15,000 8. Tata Liquid Fund
Tata Liquid Fund
Growth Launch Date 1 Sep 04 NAV (07 Jul 26) ₹4,375.09 ↓ -0.06 (0.00 %) Net Assets (Cr) ₹30,449 on 31 May 26 Category Debt - Liquid Fund AMC Tata Asset Management Limited Rating ☆☆☆☆ Risk Low Expense Ratio 0.39 Sharpe Ratio 2.42 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.59% Effective Maturity 1 Month 6 Days Modified Duration 1 Month 6 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,354 30 Jun 23 ₹11,008 30 Jun 24 ₹11,807 30 Jun 25 ₹12,654 30 Jun 26 ₹13,447 Returns for Tata Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.3% 1 Year 6.2% 3 Year 6.9% 5 Year 6.1% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.5% 2024 7.3% 2023 7% 2022 4.8% 2021 3.2% 2020 4.3% 2019 6.6% 2018 7.4% 2017 6.7% 2016 7.7% Fund Manager information for Tata Liquid Fund
Name Since Tenure Harsh Dave 1 Aug 24 1.91 Yr. Dhawal Joshi 1 Jun 26 0.08 Yr. Data below for Tata Liquid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 99.81% Other 0.19% Debt Sector Allocation
Sector Value Cash Equivalent 83.84% Corporate 9.35% Government 6.62% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tbill
Sovereign Bonds | -3% ₹1,093 Cr 110,000,000 Indian Oil Corp Ltd.
Commercial Paper | -3% ₹999 Cr 20,000
↑ 20,000 NTPC Ltd.
Commercial Paper | -3% ₹999 Cr 20,000
↑ 20,000 HDFC Bank Limited
Certificate of Deposit | -3% ₹987 Cr 20,000 Bank of Baroda
Debentures | -3% ₹986 Cr 20,000
↑ 20,000 Export-Import Bank of India
Commercial Paper | -3% ₹985 Cr 20,000
↑ 20,000 Bank of Baroda
Debentures | -2% ₹900 Cr 18,000 India (Republic of)
- | -2% ₹891 Cr 90,000,000
↑ 40,000,000 (C) Treps
CBLO/Reverse Repo | -2% ₹880 Cr 23/07/2026 Maturing 182 DTB
Sovereign Bonds | -2% ₹816 Cr 82,000,000 9. ICICI Prudential Liquid Fund
ICICI Prudential Liquid Fund
Growth Launch Date 17 Nov 05 NAV (07 Jul 26) ₹411.127 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹58,096 on 31 May 26 Category Debt - Liquid Fund AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Low Expense Ratio 0.29 Sharpe Ratio 2.01 Information Ratio 0.45 Alpha Ratio -0.03 Min Investment 500 Min SIP Investment 99 Exit Load NIL Yield to Maturity 6.46% Effective Maturity 1 Month 7 Days Modified Duration 1 Month 4 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,352 30 Jun 23 ₹11,011 30 Jun 24 ₹11,812 30 Jun 25 ₹12,657 30 Jun 26 ₹13,447 Returns for ICICI Prudential Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.3% 1 Year 6.2% 3 Year 6.9% 5 Year 6.1% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.5% 2024 7.4% 2023 7% 2022 4.8% 2021 3.2% 2020 4.3% 2019 6.6% 2018 7.4% 2017 6.6% 2016 7.7% Fund Manager information for ICICI Prudential Liquid Fund
Name Since Tenure Nikhil Kabra 1 Dec 23 2.58 Yr. Darshil Dedhia 12 Jun 23 3.05 Yr. Data below for ICICI Prudential Liquid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 99.6% Debt 0.16% Other 0.23% Debt Sector Allocation
Sector Value Cash Equivalent 83.21% Government 11.56% Corporate 5% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps
CBLO/Reverse Repo | -7% ₹4,592 Cr India (Republic of)
- | -4% ₹2,623 Cr 265,000,000
↑ 65,000,000 Reverse Repo
CBLO/Reverse Repo | -4% ₹2,439 Cr Citi Bank
Net Current Assets | -3% ₹1,748 Cr 35,000
↑ 35,000 Canara Bank
Domestic Bonds | -3% ₹1,627 Cr 33,000
↑ 33,000 India (Republic of)
- | -2% ₹1,482 Cr 150,000,000
↑ 150,000,000 National Bank for Agriculture and Rural Development
Commercial Paper | -2% ₹1,479 Cr 30,000
↑ 30,000 Bank of India Ltd.
Debentures | -2% ₹1,479 Cr 30,000
↑ 30,000 Net Current Assets
Net Current Assets | -2% ₹1,436 Cr India (Republic of)
- | -2% ₹1,394 Cr 139,500,000
↓ -220,500,000 10. Baroda Pioneer Liquid Fund
Baroda Pioneer Liquid Fund
Growth Launch Date 5 Feb 09 NAV (07 Jul 26) ₹3,192.09 ↑ 0.05 (0.00 %) Net Assets (Cr) ₹11,380 on 31 May 26 Category Debt - Liquid Fund AMC Baroda Pioneer Asset Management Co. Ltd. Rating ☆☆☆☆ Risk Low Expense Ratio 0.31 Sharpe Ratio 1.95 Information Ratio -0.02 Alpha Ratio -0.04 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.17% Effective Maturity 1 Month 1 Day Modified Duration 30 Days Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,363 30 Jun 23 ₹11,032 30 Jun 24 ₹11,830 30 Jun 25 ₹12,669 30 Jun 26 ₹13,456 Returns for Baroda Pioneer Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.2% 1 Year 6.2% 3 Year 6.8% 5 Year 6.1% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.4% 2024 7.3% 2023 7% 2022 4.9% 2021 3.3% 2020 4.1% 2019 6.6% 2018 7.5% 2017 6.7% 2016 7.8% Fund Manager information for Baroda Pioneer Liquid Fund
Name Since Tenure Gurvinder Wasan 21 Oct 24 1.69 Yr. Vikram Pamnani 14 Mar 22 4.3 Yr. Data below for Baroda Pioneer Liquid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 99.73% Other 0.27% Debt Sector Allocation
Sector Value Cash Equivalent 77.43% Corporate 12.62% Government 9.68% Credit Quality
Rating Value AA 0.43% AAA 99.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tbill
Sovereign Bonds | -7% ₹750 Cr 75,000,000 India (Republic of)
- | -5% ₹495 Cr 50,000,000 Canara Bank
Domestic Bonds | -3% ₹346 Cr 7,000 Power Finance Corporation Limited
Commercial Paper | -3% ₹300 Cr 6,000 National Bank for Agriculture and Rural Development
Commercial Paper | -3% ₹297 Cr 6,000 Reliance Retail Ventures Limited
Commercial Paper | -3% ₹295 Cr 6,000
↑ 6,000 Punjab National Bank
Debentures | -3% ₹271 Cr 5,500
↑ 5,500 Net Receivables / (Payables)
Net Current Assets | -3% -₹268 Cr Indian Bank
Domestic Bonds | -2% ₹250 Cr 5,000
↑ 2,000 Union Bank Of India
Certificate of Deposit | -2% ₹250 Cr 5,000
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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