List of  Top 5 Liquid Funds You Might Want to Know About

Top 5 Liquid Funds:

Liquid funds are “a type of mutual funds that invest in securities with a residual maturity of up to 91 days. Assets invested are not tied up for a long time as liquid funds do not have a lock-in period.” Liquid funds do not guarantee fixed returns as the performance of the liquid fund is completely dependent on the behavior of the market. The liquid funds are a little less risky when compared to the ultra-short-term funds owing to their lower maturity period and are definitely better when it comes to liquidity. The top 5 liquid funds help to invest your money in short term market instruments that include government securities, call money, treasury bills and others that hold the least risk.

Top 5 Liquid Funds
Top 5 Liquid Funds

Here is a list of the top 5 liquid funds:

  • Franklin India Liquid Fund: The fund debuted in September 2005 and has done extremely well in the market giving excellent returns to its investors.
  • Axis Liquid Fund: The fund was launched in October 2009 and has an exceptional record. The liquid fund has a strong portfolio and includes all highly credit rated debt instruments.
  • Aditya Birla Sun Life Liquid Fund: The fund made its debut in March 2004 and is beneficial for investors wanting long term investment perspective of at least 5 years or more.
  • Reliance Liquid Fund: Launched in December 2003, it is the oldest liquid fund. The fund has done extremely well during the last 5 year period.
  • ICICI Prudential Liquid Fund: The fund was launched in 2005 and is excellent if you are thinking of long term investment.
Fund Name 1-Year Return 3-Year Return 5-Year Return
Franklin India Liquid Fund 7.53% 7.7% 7.78%
Axis Liquid Fund 6.84% 6.52% 7.03%
Aditya Birla Sun Life Liquid Fund 7.53% 7.18% 7.7%
Reliance Liquid Fund 7.49% 7.17% 7.66%
ICICI Prudential Liquid Fund 7.33% 7.04% 7.56%
L&T Liquid Fund Direct Growth 7.08% 7.04% 7.53%
UTI Liquid Fund Direct Growth 7.2% 7.07% 7.53%
BOI AXA Liquid Fund Direct Growth 7.31% 7.13% 7.64%
Tata Liquid Fund Direct Growth 7.18% 7.07% 7.55%

So if you have a surplus amount of money, then instead of depositing it in the bank, it is wisest to invest in the top 5 liquid funds as the returns are definitely better.

Alos Read: List of Top 10 Mutual Funds in India You Might Want to Know About

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