Plugin Play shows how to make watery like effects in After Effects using the Caustics and Wave World effects.
If you are looking to create a ripple effect or something similar to the look of water in a swimming pool, then have a look at this new tutorial from Plugin Play. Danny Perry covers creating water-like effects in After Effects using some built-in and often overlooked effects of Wave World and Caustics.
Danny looks into creating three different types of effects, one that is a water ripple effect used as a reveal effect, the other is a swimming pool water scene, and the last is liquid affected by an influence used as a reveal effect. Of course, the generative fractal noise is employed in places too. As with all the Plugin Play tutorials, you can download the Ae file for free.