Liquid mutual funds past performance can give you an insight as to how the funds have performed across different market cycles in the past 3 months.
Compare the list of liquid funds returns in the last 3 months and expense ratios before you start investing.
| Fund Name | 3 Month Returns | Expense Ratio |
|---|---|---|
 | 1.6% | 0.20% |
 | 1.6% | 0.09% |
 | 1.6% | 0.07% |
 | 1.7% | 0.08% |
 | 1.6% | 0.11% |
 | 1.6% | 0.16% |
 | 1.5% | 0.17% |
 | 1.5% | 0.15% |
 | 1.6% | 0.19% |
 | 1.7% | 0.11% |
Note : *NA implies that Fund is relatively new. Not enough data available
Below are the top 20 liquid mutual funds with highest returns in last 3 month in india:
ICICI Prudential Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.3%, a 3 Years return of 7.0% and a 5 Years return of 6.1%. The fund has an expense ratio of 0.2% and an AUM of ₹54639 crores as of 2026-05-09.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹1000. The fund allocates 0109.75% to debt and -9.75% to other assets.
Mirae Asset Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.3%, a 3 Years return of 7.0% and a 5 Years return of 6.1%. The fund has an expense ratio of 0.1% and an AUM of ₹13590 crores as of 2026-05-09. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 0111.42% to debt and -11.42% to other assets.
Union Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.3%, a 3 Years return of 7.0% and a 5 Years return of 6.1%. The fund has an expense ratio of 0.1% and an AUM of ₹8163 crores as of 2026-05-09. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 0104.11% to debt and -4.11% to other assets.
Canara Robeco Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.3%, a 3 Years return of 7.0% and a 5 Years return of 6.1%. The fund has an expense ratio of 0.1% and an AUM of ₹6395 crores as of 2026-05-09. It was Launched on 2013-01-01. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 094.86% to debt and 5.14% to other assets.
Bank of India Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.3%, a 3 Years return of 7.0% and a 5 Years return of 6.1%. The fund has an expense ratio of 0.1% and an AUM of ₹1735 crores as of 2026-05-09.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 096.31% to debt and 3.69% to other assets.
JM Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.2%, a 3 Years return of 6.9% and a 5 Years return of 6.1%. The fund has an expense ratio of 0.2% and an AUM of ₹2835 crores as of 2026-05-09.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹1000. The fund allocates 099.17% to debt and 0.83% to other assets.
Motilal Oswal Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.0%, a 3 Years return of 6.6% and a 5 Years return of 5.7%. The fund has an expense ratio of 0.2% and an AUM of ₹974 crores as of 2026-05-09. It was Launched on 2018-12-20. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹1000. The fund allocates 093.80% to debt and 6.20% to other assets.
Quantum Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 5.8%, a 3 Years return of 6.6% and a 5 Years return of 5.8%. The fund has an expense ratio of 0.1% and an AUM of ₹529 crores as of 2026-05-09. It was Launched on 2006-04-07. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 095.16% to debt and 4.84% to other assets.
Kotak Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.3%, a 3 Years return of 7.0% and a 5 Years return of 6.1%. The fund has an expense ratio of 0.2% and an AUM of ₹42389 crores as of 2026-05-09.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹1000. The fund allocates 099.13% to debt and 0.87% to other assets.
Axis Liquid Fund Direct (G) is a Debt fund that has delivered a 1 Year return of 6.4%, a 3 Years return of 7.0% and a 5 Years return of 6.1%. The fund has an expense ratio of 0.1% and an AUM of ₹30188 crores as of 2026-05-09.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹1000. The fund allocates 0119.99% to debt and -19.99% to other assets.