Waterlogging is a major constraint of mungbean production in the tropical and subtropical regions of the world and can cause a significant yield loss. The study evaluated 100 mungbean genotypes for tolerance to waterlogging employing rigorous field screening procedures. Three-week-old seedlings of 100 mungbean genotypes were subjected to waterloggingfor 3 days maintaining a waterlogging depth of 2.5 cm. Waterlogging tolerance was evaluated during the periods of recovery and final harvest considering relative performance(values of waterlogging relative to non-waterlogging controls)of 18 plant traits. All the genotypes showed a wide range of variation in relative values. Some genotypes subjected to waterlogging produced plenty of adventitious roots that contributed to foliage development and chlorophyll increment, which resulted in better shoot growth, and eventually yield of mungbean increased. Nine plant traits highly associated in waterlogged conditions were used in cluster analysis. The genotypes within cluster 6 and cluster 7 performed better regarding almost all plant traits whereas cluster 4 performed very poorly. Discriminant function analysis showed that function 1 and function 2 explained 54.5% and 32.2%, respectively and altogether 86.7% variation in the genotypes. The harvest index and straw dry matter mostly explained the total variance in function 1. Dry matter of root, shoot and straw explained the maximum variance in function 2. Root dry matter played the most dominant role in explaining the maximum variance in the genotypes. The genotypes IPSA-10 and VC 6379 (23-11) showed a better degree of tolerance to waterlogging concerning yield and associated morpho-physiological traits.