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Best Money Market Mutual Funds

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List of Money Market Mutual Funds in India

Fund NameCategoryRiskNAVExpense Ratio1Y Returns3Y Returns5Y ReturnsRatingFund Size (in Cr)Exit Load
Tata Money Market Fund
DebtLow to Moderate4,914.950.157.9%7.8%6.4%5₹38,807
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Axis Money Market Fund
DebtLow to Moderate1,475.220.177.8%7.8%6.3%5₹18,085
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Aditya Birla Sun Life Money Manager Fund
DebtModerate382.880.227.8%7.7%6.3%4₹26,757
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Nippon India Money Market Fund
DebtModerate4,294.940.227.8%7.7%6.3%4₹23,246
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Franklin India Money Market Fund
DebtLow to Moderate52.940.147.8%7.7%6.1%4₹3,580
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Mirae Asset Money Market Fund
DebtLow to Moderate1,305.040.087.8%7.6%NA4₹2,796
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UTI Money Market Fund
DebtModerate3,187.850.137.8%7.7%6.2%3₹18,862
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HDFC Money Market Fund
DebtLow to Moderate5,953.550.237.8%7.7%6.2%3₹37,139
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Bandhan Money Market Fund
DebtLow to Moderate44.580.17.8%7.7%6.1%3₹12,246
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ICICI Prudential Money Market Fund
DebtLow to Moderate392.280.217.8%7.7%6.2%3₹34,019
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SBI Savings Fund
DebtModerate45.410.257.7%7.7%6.2%3₹36,565
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Kotak Money Market Fund
DebtModerate4,628.630.217.7%7.7%6.2%3₹32,820
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HSBC Money Market Fund
DebtLow to Moderate28.270.157.7%7.5%6.0%3₹4,357
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Edelweiss Money Market Fund
DebtLow to Moderate32.000.167.7%7.5%5.9%3₹1,647
-
Sundaram Money Market Fund
DebtModerate15.410.177.7%7.4%6.0%3₹1,760
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View All

Let's have a closer look

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 7.85% annualized returns in the past three years and 6.4% 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₹38,807Cr
1Y Returns7.9%

Axis Money Market Fund Direct Growth

Fund Performance: The Axis Money Market Fund has given 7.75% annualized returns in the past three years and 6.27% 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₹18,085Cr
1Y Returns7.8%

Aditya Birla Sun Life Money Manager Fund Direct Growth

Fund Performance: The Aditya Birla Sun Life Money Manager Fund has given 7.74% annualized returns in the past three years and 6.28% 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₹26,757Cr
1Y Returns7.8%

Nippon India Money Market Fund Direct Growth

Fund Performance: The Nippon India Money Market Fund has given 7.73% annualized returns in the past three years and 6.29% 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₹23,246Cr
1Y Returns7.8%

Franklin India Money Market Fund Direct Growth

Fund Performance: The Franklin India Money Market Fund has given 7.68% annualized returns in the past three years and 6.12% 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₹3,580Cr
1Y Returns7.8%

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₹2,796Cr
1Y Returns7.8%

UTI Money Market Fund Direct Growth

Fund Performance: The UTI Money Market Fund has given 7.7% annualized returns in the past three years and 6.24% 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₹18,862Cr
1Y Returns7.8%

HDFC Money Market Fund Direct Growth

Fund Performance: The HDFC Money Market Fund has given 7.69% annualized returns in the past three years and 6.23% 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₹37,139Cr
1Y Returns7.8%

Bandhan Money Market Fund Direct Growth

Fund Performance: The Bandhan Money Market Fund has given 7.67% annualized returns in the past three years and 6.12% 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₹12,246Cr
1Y Returns7.8%

ICICI Prudential Money Market Direct Growth

Fund Performance: The ICICI Prudential Money Market Fund has given 7.67% annualized returns in the past three years and 6.19% 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₹34,019Cr
1Y Returns7.8%

SBI Savings Fund Direct Growth

Fund Performance: The SBI Savings Fund has given 7.66% annualized returns in the past three years and 6.19% 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₹36,565Cr
1Y Returns7.7%

Kotak Money Market Fund Direct Growth

Fund Performance: The Kotak Money Market Fund has given 7.66% annualized returns in the past three years and 6.19% 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₹32,820Cr
1Y Returns7.7%

HSBC Money Market Fund Direct Growth

Fund Performance: The HSBC Money Market Fund has given 7.55% annualized returns in the past three years and 5.97% 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₹4,357Cr
1Y Returns7.7%

Edelweiss Money Market Fund Direct Growth

Fund Performance: The Edelweiss Money Market Fund has given 7.52% annualized returns in the past three years and 5.94% 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₹1,647Cr
1Y Returns7.7%

Sundaram Money Market Fund Direct Growth

Fund Performance: The Sundaram Money Market Fund has given 7.44% annualized returns in the past three years and 5.96% 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₹1,760Cr
1Y Returns7.7%

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