Investing in Jio BlackRock Liquid Fund? See 7-day to 1-year returns of the 11 largest liquid funds

4 min read | Updated on July 04, 2025, 11:42 IST

SUMMARY

While liquid funds offered by AMCs can be used as an alternative to savings accounts in banks for stashing your idle cash for a short term, Jio BlackRock Liquid Fund is a new entrant in the fund management space.

Liquid funds can help you put your idle cash to work. | Representational image source: Shutterstock

Jio BlackRock Mutual Fund has marked its arrival with the Jio BlackRock Liquid Fund, urging prospective customers to put their idle cash to work with this new scheme.

While liquid funds can be used as an alternative to savings accounts in banks for stashing your idle cash for a short term, Jio BlackRock Liquid Fund is a new entrant in the fund management space. Before considering it, investors may like to see how other liquid funds have performed. If you are also one of these investors, this article will help.

There are already around 37 liquid funds, who collectively managed over ₹5.7 lakh crore in the previous month, according to the Association of Mutual Funds in India (AMFI). Of these, 28 liquid funds have been managing people's cash for 10 years or even more.

In this article, we take a look at the short-term returns of the 11 largest liquid funds that are managing a minimum of ₹20,000 crore each. Collectively, these 11 funds managed over ₹4.65 lakh crore in June 2025, according to AMFI.

7-day to 1-year returns of 11 largest liquid funds

Scheme Name	Riskometer Scheme	Return 7 Days (%) Direct	Return 15 Days (%) Direct	Return 1 Month (%) Direct	Return 3 Month (%) Direct	Return 6 Month (%) Direct	Return 1 Year (%) Direct	Previous Month Average AUM (Cr.)
Aditya Birla Sun Life Liquid Fund	Moderate	6.39	6.24	6.39	6.83	7.2	7.3	53246.97
Axis Liquid Fund	Low to Moderate	6.48	6.3	6.44	6.81	7.22	7.31	40326.63
DSP Liquidity Fund	Low to Moderate	6.41	6.25	6.4	6.76	7.15	7.3	20053.98
HDFC Liquid Fund	Low to Moderate	6.34	6.19	6.34	6.77	7.16	7.24	70219.51
HSBC Liquid Fund	Low to Moderate	6.45	6.28	6.51	6.83	7.19	7.29	23197.19
ICICI Prudential Liquid Fund	Moderate	6.33	6.15	6.33	6.75	7.14	7.25	55443.93
Kotak Liquid Fund	Moderate	6.39	6.24	6.4	6.82	7.17	7.26	40056.52
Nippon India Liquid Fund	Moderate	6.41	6.23	6.47	6.84	7.19	7.28	38060.96
SBI Liquid Fund	Low to Moderate	6.36	6.12	6.36	6.74	7.09	7.19	76122.43
Tata Liquid Fund	Low to Moderate	6.36	6.23	6.46	6.83	7.19	7.29	22059.62
UTI Liquid Fund	Moderate	6.47	6.21	6.41	6.76	7.16	7.26	27193.61

Source: AMFI data accessed on July 3, 2025, based on NAV of respective funds up to July 1, 2025.

Data shows that all these 11 liquid funds have given around 6-6.5% annualised returns for 7 days, 15 days, and 1 month. For three months, these funds have given around 6.7-6.8% returns, while for 6-month and 1-year durations, they have given over 7% returns to investors.

Of these, SBI Liquid Fund, HDFC Liquid Fund, ICICI Prudential Liquid Fund, and Aditya Birla Sun Life Liquid Fund individually managed over ₹50,000 crore in the previous month.

Why liquid funds?

These days, top banks like SBI and HDFC Bank are offering only 2.5% annual returns on their savings account deposits, whereas liquid funds have given 6-7% annual returns.

Liquid funds not only offer higher returns than savings accounts but also match the safety and accessibility of a savings account. They invest in short-term money market instruments like treasury bills, certificates of deposit and commercial papers.

How to select a liquid fund?

Before investing in a liquid fund, one should consider a few factors such as expense ratio, credit quality, fund size, historical volatility, and performance. Funds with a lower expense ratio will increase your earnings. Similarly, large-sized liquid funds are likely to manage redemption demands more efficiently.

Investors should look beyond returns, as most liquid funds offer similar returns. One should check whether the fund has performed consistently or not over the years.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Investors should do their own research or consult a registered financial advisor before making investment decisions.