The invention relates to a walnut-tuckahoe oral liquid with function of providing assistance to improving memory and the production method thereof. The active ingredients in each 1000ml of the oral liquid comprise 100 to 180g of walnut kernel, 80 to 150g of rhizoma polygonati, 80 to 120g of tuckahoe, 80 to 150g of wheat, 30 to 60g of Chinese date, 4 to 6g of taurine, 1.5 to 2g of zinc gluconate, 0.05 to 0.1g of vitamin B1, 80 to 120g of white sugar and 0.2g of potassium sorbate. The oral liquid is prepared after procedures of extraction, condensation, ethanol precipitation, ethanol recovery, filtration, mixing, fine filtration, diluting to volume, encapsulation, sterilization, light inspection, packing, etc are carried out. The formula of the oral liquid is preferably selected according tothe modern medical theory and treatment based on syndrome differentiation in the traditional Chinese medicine, thus the formula is scientific and reasonable, and the oral liquid can be conveniently taken, and is safe and reliable.