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Best Money Market Mutual Fund

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List of Money Market Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Tata Money Market Fund
DebtLow to Moderate8.1%5₹41,336
Axis Money Market Fund
DebtLow to Moderate8.0%5₹20,721
Aditya Birla Sun Life Money Manager Fund
DebtModerate7.9%4₹29,271
Nippon India Money Market Fund
DebtModerate8.0%4₹23,880
HDFC Money Market Fund
DebtLow to Moderate7.9%4₹36,065
Franklin India Money Market Fund
DebtLow to Moderate8.0%4₹3,865
Mirae Asset Money Market Fund
DebtLow to Moderate8.0%4₹3,839
UTI Money Market Fund
DebtLow to Moderate7.9%3₹20,513
ICICI Prudential Money Market Fund
DebtLow to Moderate7.9%3₹37,886
Bandhan Money Market Fund
DebtLow to Moderate7.9%3₹12,728
SBI Savings Fund
DebtModerate7.9%3₹38,450
Kotak Money Market Fund
DebtModerate7.9%3₹35,644
HSBC Money Market Fund
DebtLow to Moderate7.8%3₹3,999
Edelweiss Money Market Fund
DebtLow to Moderate7.8%3₹2,062
Sundaram Money Market Fund
DebtLow to Moderate7.9%3₹2,383
View All

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Now let us jump and check about these top 15 mutual fund schemes.

Tata Money Market Fund Direct Growth

Fund Performance: The Tata Money Market Fund has given 7.8% annualized returns in the past three years and 6.38% in the last 5 years. The Tata Money Market Fund comes under the Debt category of Tata Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Tata Money Market Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹41,336Cr
1Y Returns8.1%

Axis Money Market Fund Direct Growth

Fund Performance: The Axis Money Market Fund has given 7.7% annualized returns in the past three years and 6.26% in the last 5 years. The Axis Money Market Fund comes under the Debt category of Axis Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Axis Money Market Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹20,721Cr
1Y Returns8.0%

Aditya Birla Sun Life Money Manager Fund Direct Growth

Fund Performance: The Aditya Birla Sun Life Money Manager Fund has given 7.7% annualized returns in the past three years and 6.27% in the last 5 years. The Aditya Birla Sun Life Money Manager Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Money Manager Fund via lump sum is ₹1,000 and via SIP is ₹1,000.

Min Investment Amt₹1,000
AUM₹29,271Cr
1Y Returns7.9%

Nippon India Money Market Fund Direct Growth

Fund Performance: The Nippon India Money Market Fund has given 7.69% annualized returns in the past three years and 6.27% in the last 5 years. The Nippon India Money Market Fund comes under the Debt category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Money Market Fund via lump sum is ₹500 and via SIP is ₹100.

Min Investment Amt₹500
AUM₹23,880Cr
1Y Returns8.0%

HDFC Money Market Fund Direct Growth

Fund Performance: The HDFC Money Market Fund has given 7.65% annualized returns in the past three years and 6.21% in the last 5 years. The HDFC Money Market Fund comes under the Debt category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Money Market Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹36,065Cr
1Y Returns7.9%

Franklin India Money Market Fund Direct Growth

Fund Performance: The Franklin India Money Market Fund has given 7.63% annualized returns in the past three years and 6.09% in the last 5 years. The Franklin India Money Market Fund comes under the Debt category of Franklin Templeton Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Franklin India Money Market Fund via lump sum is ₹10,000 and via SIP is ₹500.

Min Investment Amt₹10,000
AUM₹3,865Cr
1Y Returns8.0%

Mirae Asset Money Market Fund Direct Growth

Fund Performance: The Mirae Asset Money Market Fund comes under the Debt category of Mirae Asset Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Money Market Fund via lump sum is ₹5,000 and via SIP is ₹99.

Min Investment Amt₹5,000
AUM₹3,839Cr
1Y Returns8.0%

UTI Money Market Fund Direct Growth

Fund Performance: The UTI Money Market Fund has given 7.66% annualized returns in the past three years and 6.22% in the last 5 years. The UTI Money Market Fund comes under the Debt category of UTI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in UTI Money Market Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹20,513Cr
1Y Returns7.9%

ICICI Prudential Money Market Direct Growth

Fund Performance: The ICICI Prudential Money Market Fund has given 7.64% annualized returns in the past three years and 6.18% in the last 5 years. The ICICI Prudential Money Market Fund comes under the Debt category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Money Market Fund via lump sum is ₹500 and via SIP is ₹100.

Min Investment Amt₹500
AUM₹37,886Cr
1Y Returns7.9%

Bandhan Money Market Fund Direct Growth

Fund Performance: The Bandhan Money Market Fund has given 7.62% annualized returns in the past three years and 6.09% in the last 5 years. The Bandhan Money Market Fund comes under the Debt category of IDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Bandhan Money Market Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹12,728Cr
1Y Returns7.9%

SBI Savings Fund Direct Growth

Fund Performance: The SBI Savings Fund has given 7.61% annualized returns in the past three years and 6.18% in the last 5 years. The SBI Savings Fund comes under the Debt category of SBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in SBI Savings Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹38,450Cr
1Y Returns7.9%

Kotak Money Market Fund Direct Growth

Fund Performance: The Kotak Money Market Fund has given 7.61% annualized returns in the past three years and 6.18% in the last 5 years. The Kotak Money Market Fund comes under the Debt category of Kotak Mahindra Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Kotak Money Market Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹35,644Cr
1Y Returns7.9%

HSBC Money Market Fund Direct Growth

Fund Performance: The HSBC Money Market Fund has given 7.51% annualized returns in the past three years and 5.95% in the last 5 years. The HSBC Money Market Fund comes under the Debt category of HSBC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HSBC Money Market Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹3,999Cr
1Y Returns7.8%

Edelweiss Money Market Fund Direct Growth

Fund Performance: The Edelweiss Money Market Fund has given 7.42% annualized returns in the past three years and 5.91% in the last 5 years. The Edelweiss Money Market Fund comes under the Debt category of Edelweiss Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Edelweiss Money Market Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹2,062Cr
1Y Returns7.8%

Sundaram Money Market Fund Direct Growth

Fund Performance: The Sundaram Money Market Fund has given 7.41% annualized returns in the past three years and 5.93% in the last 5 years. The Sundaram Money Market Fund comes under the Debt category of Sundaram Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Sundaram Money Market Fund via lump sum is ₹1,000 and via SIP is ₹250.

Min Investment Amt₹1,000
AUM₹2,383Cr
1Y Returns7.9%

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