Money Market Mutual Funds

Find here some best Money Market fund to invest

Annual Returns 6.48%
Average Risk Low
Total Funds 26

What is Money Market Mutual Fund?

Money market funds are basically open-ended debt schemes that invest in the money market instruments that have maturity period of up to 1 year. These funds usually invest in the short-term debt securities such as commercial paper, US treasury bills, certificate of deposits, etc. These money market schemes are appropriate for investors who are interested in investing for a period of up to 365 days. The risk involved in this scheme is low and therefore it is one of the best investment options for conservative investors.

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Franklin India Savings Fund - Growth Option 3Y Returns 6.38% VS

UTI MMF - Regular Plan - Growth Option 3Y Returns 6.63%

Axis Money Market Fund - Regular Plan - Growth Option 3Y Returns 6.57% VS

Nippon India Money Market Fund-Growth Plan-Growth Option 3Y Returns 6.64%

SBI Savings Fund - Regular Plan - Growth 3Y Returns 6.09% VS

UTI MMF - Regular Plan - Growth Option 3Y Returns 6.63%

Bajaj Finserv Money Market Fund Regular - Growth 3Y Returns 0% VS

UTI MMF - Regular Plan - Growth Option 3Y Returns 6.63%

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Invested Amount ₹43,855
Interest Earned ₹6,145

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Frequently Asked Questions

Who should invest in Money Market Mutual Funds?

Money Market funds are suitable for the investors who can digest high risk in search for higher returns. Moreover, these funds are not suitable for the investors who are stepping in the finance market with a short term investment perspective as they might end up delivering negative returns.

What is the minimum investment required for investing in Money Market funds?

The minimum investment depends from one scheme to another. In general, for lumpsum investment the minimum investment can range from Rs. 500 to Rs. 5000. Whereas, in case of SIP, the range may vary between Rs. 500 to Rs. 1000. For authentic information, never forget to check the scheme related documents.

What is the investment philosophy followed by Money Market companies?

The fund manager of Money Market fund targets the best small sized companies having the potential to generate excellent gains in the future. Such companies do not have much resources as the large cap or mid cap companies but have high potential to outperform many big companies.

Why to invest in Money Market funds?

Money Market funds have more tendency of providing exceptional returns than the other categories of funds. Moreover, they can also be a suitable option for providing diversification to your portfolio.

How risky are Money Market funds?

Money Market funds are one of the riskiest mutual funds. But at the same time rewards are also high. Therefore, an investor who is willing to expose his corpus towards risk for fetching higher returns should invest in Money Market funds.

Are Money Market Funds for long term investment?

Yes, Money Market funds are a suitable choice for generating long term capital appreciation. Moreover, in short term these funds can cause double digit losses to the investors. Thus, always maintain a long term investment perspective while investing in Money Market mutual funds.

What is the benchmark of Money Market Fund?

Benchmark is a standard with which a mutual fund competes in terms of growth & performance. Different Money Market funds have different benchmark. Thus, read the mutual fund document carefully to know the benchmark.

What are the taxes applied on Money Market Mutual Funds?

Money Market funds are eligible for two types of taxes- STCG (Short Term Capital Gain) and LTCG (Long Term Capital Gain). STCG is the capital gain generated on the units which are hold for up to 1 year. The STCG tax imposed by the Government of India is 15%. LTCG is the profit generated on the units which are hold for more than one years. The LTCG levied is 10% for the profit above Rs. 1 Lakh.

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Aditya Birla Sun Life Money Manager Fund - Growth Debt	Lumpsum 3Y P.a 6.62%	SIP 3Y P.a. 7.27%	Return Vs Category High	Risk Vs Category Above Average	Invest
Aditya Birla Sun Life Money Manager Fund - Growth Debt	Lumpsum 3Y P.a 6.62%	SIP 3Y P.a. 7.27%	Return Vs Category High	Risk Vs Category Above Average	Invest
Axis Money Market Fund - Regular Plan - Growth Option Debt	Lumpsum 3Y P.a 6.57%	SIP 3Y P.a. 7.22%	Return Vs Category High	Risk Vs Category Above Average	Invest
ICICI Prudential Money Market Fund Option - Growth Debt	Lumpsum 3Y P.a 6.55%	SIP 3Y P.a. 7.22%	Return Vs Category Medium	Risk Vs Category Above Average	Invest
Nippon India Money Market Fund-Growth Plan-Growth Option Debt	Lumpsum 3Y P.a 6.64%	SIP 3Y P.a. 7.25%	Return Vs Category High	Risk Vs Category Above Average	Invest
UTI MMF - Regular Plan - Growth Option Debt	Lumpsum 3Y P.a 6.63%	SIP 3Y P.a. 7.27%	Return Vs Category High	Risk Vs Category Above Average	Invest
Tata Money Market Fund-Regular Plan - Growth Option Debt	Lumpsum 3Y P.a 6.57%	SIP 3Y P.a. 7.22%	Return Vs Category High	Risk Vs Category Above Average	Invest
Kotak Money Market Scheme - (Growth) Debt	Lumpsum 3Y P.a 6.57%	SIP 3Y P.a. 7.2%	Return Vs Category High	Risk Vs Category Above Average	Invest
Kotak Money Market Scheme - (Growth) Debt	Lumpsum 3Y P.a 6.57%	SIP 3Y P.a. 7.2%	Return Vs Category High	Risk Vs Category Above Average	Invest
HDFC Money Market Fund - Growth Option Debt	Lumpsum 3Y P.a 6.5%	SIP 3Y P.a. 7.16%	Return Vs Category Medium	Risk Vs Category Above Average	Invest

Aditya Birla Sun Life Money Manager Fund - Growth Debt	1 Week 0.15%	1 Month 0.66%	3 Months 1.87%	6 Months 3.81%	1 Year 7.86%	Invest
Aditya Birla Sun Life Money Manager Fund - Growth Debt	1 Week 0.15%	1 Month 0.66%	3 Months 1.87%	6 Months 3.81%	1 Year 7.86%	Invest
Axis Money Market Fund - Regular Plan - Growth Option Debt	1 Week 0.15%	1 Month 0.66%	3 Months 1.87%	6 Months 3.82%	1 Year 7.86%	Invest
ICICI Prudential Money Market Fund Option - Growth Debt	1 Week 0.15%	1 Month 0.66%	3 Months 1.87%	6 Months 3.81%	1 Year 7.83%	Invest
Nippon India Money Market Fund-Growth Plan-Growth Option Debt	1 Week 0.14%	1 Month 0.65%	3 Months 1.87%	6 Months 3.79%	1 Year 7.83%	Invest
UTI MMF - Regular Plan - Growth Option Debt	1 Week 0.16%	1 Month 0.66%	3 Months 1.89%	6 Months 3.82%	1 Year 7.82%	Invest
Tata Money Market Fund-Regular Plan - Growth Option Debt	1 Week 0.16%	1 Month 0.65%	3 Months 1.86%	6 Months 3.78%	1 Year 7.81%	Invest
Kotak Money Market Scheme - (Growth) Debt	1 Week 0.15%	1 Month 0.65%	3 Months 1.86%	6 Months 3.78%	1 Year 7.8%	Invest
Kotak Money Market Scheme - (Growth) Debt	1 Week 0.15%	1 Month 0.65%	3 Months 1.86%	6 Months 3.78%	1 Year 7.8%	Invest
HDFC Money Market Fund - Growth Option Debt	1 Week 0.15%	1 Month 0.65%	3 Months 1.86%	6 Months 3.77%	1 Year 7.76%	Invest

Aditya Birla Sun Life Money Manager Fund - Growth Debt	2 Years 7.58%	3 Years 6.62%	5 Years 6.07%	Annual Rt 6.82%	Invest
Aditya Birla Sun Life Money Manager Fund - Growth Debt	2 Years 7.58%	3 Years 6.62%	5 Years 6.07%	Annual Rt 6.82%	Invest
Axis Money Market Fund - Regular Plan - Growth Option Debt	2 Years 7.53%	3 Years 6.57%	5 Years 5.93%	Annual Rt 5.95%	Invest
ICICI Prudential Money Market Fund Option - Growth Debt	2 Years 7.53%	3 Years 6.55%	5 Years 5.91%	Annual Rt 7.11%	Invest
Nippon India Money Market Fund-Growth Plan-Growth Option Debt	2 Years 7.54%	3 Years 6.64%	5 Years 5.94%	Annual Rt 7.33%	Invest
UTI MMF - Regular Plan - Growth Option Debt	2 Years 7.57%	3 Years 6.63%	5 Years 5.94%	Annual Rt 7.26%	Invest
Tata Money Market Fund-Regular Plan - Growth Option Debt	2 Years 7.53%	3 Years 6.57%	5 Years 6%	Annual Rt 6.72%	Invest
Kotak Money Market Scheme - (Growth) Debt	2 Years 7.5%	3 Years 6.57%	5 Years 5.81%	Annual Rt 7.04%	Invest
Kotak Money Market Scheme - (Growth) Debt	2 Years 7.5%	3 Years 6.57%	5 Years 5.81%	Annual Rt 7.04%	Invest
HDFC Money Market Fund - Growth Option Debt	2 Years 7.46%	3 Years 6.5%	5 Years 5.96%	Annual Rt 7.01%	Invest

Aditya Birla Sun Life Money Manager Fund - Growth Debt	1 Year -	2 Years -	3 Years -	5 Years -	Invest
Aditya Birla Sun Life Money Manager Fund - Growth Debt	1 Year -	2 Years -	3 Years -	5 Years -	Invest
Axis Money Market Fund - Regular Plan - Growth Option Debt	1 Year -	2 Years -	3 Years -	5 Years -	Invest
ICICI Prudential Money Market Fund Option - Growth Debt	1 Year -	2 Years -	3 Years -	5 Years -	Invest
Nippon India Money Market Fund-Growth Plan-Growth Option Debt	1 Year -	2 Years -	3 Years -	5 Years -	Invest
UTI MMF - Regular Plan - Growth Option Debt	1 Year -	2 Years -	3 Years -	5 Years -	Invest
Tata Money Market Fund-Regular Plan - Growth Option Debt	1 Year -	2 Years -	3 Years -	5 Years -	Invest
Kotak Money Market Scheme - (Growth) Debt	1 Year -	2 Years -	3 Years -	5 Years -	Invest
Kotak Money Market Scheme - (Growth) Debt	1 Year -	2 Years -	3 Years -	5 Years -	Invest
HDFC Money Market Fund - Growth Option Debt	1 Year -	2 Years -	3 Years -	5 Years -	Invest

Aditya Birla Sun Life Money Manager Fund - Growth Debt	1 Year 0%	3 Years 0%	5 Years 0%	Invest
Aditya Birla Sun Life Money Manager Fund - Growth Debt	1 Year 0%	3 Years 0%	5 Years 0%	Invest
Axis Money Market Fund - Regular Plan - Growth Option Debt	1 Year 0%	3 Years 0%	5 Years 0%	Invest
ICICI Prudential Money Market Fund Option - Growth Debt	1 Year 0%	3 Years 0%	5 Years 0%	Invest
Nippon India Money Market Fund-Growth Plan-Growth Option Debt	1 Year 0%	3 Years 0%	5 Years 0%	Invest
UTI MMF - Regular Plan - Growth Option Debt	1 Year 0%	3 Years 0%	5 Years 0%	Invest
Tata Money Market Fund-Regular Plan - Growth Option Debt	1 Year 0%	3 Years 0%	5 Years 0%	Invest
Kotak Money Market Scheme - (Growth) Debt	1 Year 0%	3 Years 0%	5 Years 0%	Invest
Kotak Money Market Scheme - (Growth) Debt	1 Year 0%	3 Years 0%	5 Years 0%	Invest
HDFC Money Market Fund - Growth Option Debt	1 Year 0%	3 Years 0%	5 Years 0%	Invest

Money Market Mutual Funds

Find here some best Money Market fund to invest

What is Money Market Mutual Fund?

Top Performing Money Market in India for High Returns

Comparison of Top Money Market Funds

Money Market Funds Return Calculator

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Top Videos and Blogs on Money Market Mutual Funds

Aditya Birla Sun Life Money Manager Fund - Growth Debt	Standard Deviation -	Alpha -	Beta -	Sharpe Ratio -	Invest
Aditya Birla Sun Life Money Manager Fund - Growth Debt	Standard Deviation -	Alpha -	Beta -	Sharpe Ratio -	Invest
Axis Money Market Fund - Regular Plan - Growth Option Debt	Standard Deviation -	Alpha -	Beta -	Sharpe Ratio -	Invest
ICICI Prudential Money Market Fund Option - Growth Debt	Standard Deviation -	Alpha -	Beta -	Sharpe Ratio -	Invest
Nippon India Money Market Fund-Growth Plan-Growth Option Debt	Standard Deviation -	Alpha -	Beta -	Sharpe Ratio -	Invest
UTI MMF - Regular Plan - Growth Option Debt	Standard Deviation -	Alpha -	Beta -	Sharpe Ratio -	Invest
Tata Money Market Fund-Regular Plan - Growth Option Debt	Standard Deviation -	Alpha -	Beta -	Sharpe Ratio -	Invest
Kotak Money Market Scheme - (Growth) Debt	Standard Deviation -	Alpha -	Beta -	Sharpe Ratio -	Invest
Kotak Money Market Scheme - (Growth) Debt	Standard Deviation -	Alpha -	Beta -	Sharpe Ratio -	Invest
HDFC Money Market Fund - Growth Option Debt	Standard Deviation -	Alpha -	Beta -	Sharpe Ratio -	Invest

Aditya Birla Sun Life Money Manager Fund - Growth Debt	Min SIP ₹1000	Min Lumpsum ₹1000	Expense Ratio 0.35%	Fund Manager Kaustubh Gupta	Launch Date 17-Oct 2005	Invest
Aditya Birla Sun Life Money Manager Fund - Growth Debt	Min SIP ₹1000	Min Lumpsum ₹1000	Expense Ratio 0.35%	Fund Manager Kaustubh Gupta	Launch Date 17-Oct 2005	Invest
Axis Money Market Fund - Regular Plan - Growth Option Debt	Min SIP ₹1000	Min Lumpsum ₹5000	Expense Ratio 0.32%	Fund Manager Devang Shah	Launch Date 06-Aug 2019	Invest
ICICI Prudential Money Market Fund Option - Growth Debt	Min SIP ₹100	Min Lumpsum ₹500	Expense Ratio 0.32%	Fund Manager Manish Banthia	Launch Date 08-Mar 2006	Invest
Nippon India Money Market Fund-Growth Plan-Growth Option Debt	Min SIP ₹100	Min Lumpsum ₹500	Expense Ratio 0.39%	Fund Manager Anju Chhajer	Launch Date 15-Jun 2005	Invest
UTI MMF - Regular Plan - Growth Option Debt	Min SIP ₹500	Min Lumpsum ₹500	Expense Ratio 0.23%	Fund Manager Anurag Mittal	Launch Date 09-Jul 2009	Invest
Tata Money Market Fund-Regular Plan - Growth Option Debt	Min SIP ₹500	Min Lumpsum ₹5000	Expense Ratio 0.41%	Fund Manager Amit Somani	Launch Date 23-May 2003	Invest
Kotak Money Market Scheme - (Growth) Debt	Min SIP ₹1000	Min Lumpsum ₹100	Expense Ratio 0.35%	Fund Manager Deepak Agrawal	Launch Date 14-Jul 2003	Invest
Kotak Money Market Scheme - (Growth) Debt	Min SIP ₹1000	Min Lumpsum ₹100	Expense Ratio 0.35%	Fund Manager Deepak Agrawal	Launch Date 14-Jul 2003	Invest
HDFC Money Market Fund - Growth Option Debt	Min SIP ₹100	Min Lumpsum ₹100	Expense Ratio 0.41%	Fund Manager Vikash Agarwal	Launch Date 19-Nov 1999	Invest

Aditya Birla Sun Life Money Manager Fund - Growth Debt	Latest NAV 355.0408(20-12-2024)	Previous NAV 355.0408(20-12-2024)	NAV Change 0.0221996%	52- Week High NAV -	52- Week Low NAV -	Invest
Aditya Birla Sun Life Money Manager Fund - Growth Debt	Latest NAV 355.0408(20-12-2024)	Previous NAV 355.0408(20-12-2024)	NAV Change 0.0221996%	52- Week High NAV -	52- Week Low NAV -	Invest
Axis Money Market Fund - Regular Plan - Growth Option Debt	Latest NAV 1372.6990(20-12-2024)	Previous NAV 1372.6990(20-12-2024)	NAV Change 0.0202416%	52- Week High NAV -	52- Week Low NAV -	Invest
ICICI Prudential Money Market Fund Option - Growth Debt	Latest NAV 364.0247(20-12-2024)	Previous NAV 364.0247(20-12-2024)	NAV Change 0.0210195%	52- Week High NAV -	52- Week Low NAV -	Invest
Nippon India Money Market Fund-Growth Plan-Growth Option Debt	Latest NAV 3981.3184(20-12-2024)	Previous NAV 3981.3184(20-12-2024)	NAV Change 0.0197562%	52- Week High NAV -	52- Week Low NAV -	Invest
UTI MMF - Regular Plan - Growth Option Debt	Latest NAV 2957.569(20-12-2024)	Previous NAV 2957.569(20-12-2024)	NAV Change 0.019185%	52- Week High NAV -	52- Week Low NAV -	Invest
Tata Money Market Fund-Regular Plan - Growth Option Debt	Latest NAV 4529.7870(20-12-2024)	Previous NAV 4529.7870(20-12-2024)	NAV Change 0.0207404%	52- Week High NAV -	52- Week Low NAV -	Invest
Kotak Money Market Scheme - (Growth) Debt	Latest NAV 4308.8558(20-12-2024)	Previous NAV 4308.8558(20-12-2024)	NAV Change 0.0197934%	52- Week High NAV -	52- Week Low NAV -	Invest
Kotak Money Market Scheme - (Growth) Debt	Latest NAV 4308.8558(20-12-2024)	Previous NAV 4308.8558(20-12-2024)	NAV Change 0.0197934%	52- Week High NAV -	52- Week Low NAV -	Invest
HDFC Money Market Fund - Growth Option Debt	Latest NAV 5484.6747(20-12-2024)	Previous NAV 5484.6747(20-12-2024)	NAV Change 0.0185241%	52- Week High NAV -	52- Week Low NAV -	Invest