Money Market Funds

Invest in money market instruments maturing within one year, such as treasury bills and commercial paper.

Funds: 31
Average 1Y: 6.2%
Average 3Y (p.a.): 7%
Average 5Y (p.a.): 6.2%

All money market funds by returns

Money Market Funds with NAV and returns
Fund	Fund house	NAV	1Y	3Y	5Y	Expense	Fund size
Tata Money Market Fund	Tata Mutual Fund	₹5,212.93	6.7%	7.5%	6.8%	0.18%	₹34,511 Cr
Axis Money Market Fund	Axis Mutual Fund	₹1,564.13	6.6%	7.5%	6.8%	0.18%	₹21,405 Cr
Aditya Birla Sun Life Money Market Fund	Aditya Birla Sun Life Mutual Fund	₹405.79	6.6%	7.4%	6.8%	0.19%	₹29,877 Cr
Nippon India Money Market Fund	Nippon India Mutual Fund	₹4,550.38	6.5%	7.4%	6.8%	0.22%	₹23,624 Cr
Bandhan Money Market Fund	Bandhan Mutual Fund	₹47.28	6.6%	7.4%	6.7%	0.1%	₹14,090 Cr
Mirae Asset Money Market Fund	Mirae Asset Mutual Fund	₹1,381.85	6.5%	7.4%	6.6%	0.09%	₹3,587 Cr
Franklin India Money Market Fund	Franklin Templeton Mutual Fund	₹56.1	6.6%	7.4%	6.6%	0.14%	₹3,937 Cr
HDFC Money Market Fund	HDFC Mutual Fund	₹6,309.69	6.6%	7.4%	6.7%	0.22%	₹33,192 Cr
Kotak Money Market Fund	Kotak Mahindra Mutual Fund	₹4,906.28	6.6%	7.4%	6.7%	0.16%	₹29,764 Cr
UTI - Money Market Fund	UTI Mutual Fund	₹3,377.42	6.5%	7.4%	6.7%	0.15%	₹19,468 Cr
Bajaj Finserv Money Market Fund	Bajaj Finserv Mutual Fund	₹1,256.19	6.5%	7.4%	–	0.13%	₹5,326 Cr
ICICI Prudential Money Market Fund	ICICI Prudential Mutual Fund	₹415.61	6.5%	7.4%	6.7%	0.21%	₹36,529 Cr
SBI Money Market Fund	SBI Mutual Fund	₹48.06	6.4%	7.3%	6.7%	0.26%	₹32,208 Cr
Edelweiss Money Market Fund	Edelweiss Mutual Fund	₹33.92	6.6%	7.3%	6.5%	0.11%	₹2,322 Cr
HSBC Money Market Fund	HSBC Mutual Fund	₹29.94	6.5%	7.3%	–	0.16%	₹6,993 Cr
Sundaram Money Market Fund	Sundaram Mutual Fund	₹16.33	6.5%	7.3%	6.5%	0.16%	₹1,719 Cr
Baroda BNP Paribas Money Market Fund	Baroda BNP Paribas Mutual Fund	₹1,513.94	6.5%	7.3%	6.5%	0.16%	₹3,626 Cr
ICICI Prudential Money Market Fund - Cash Option	ICICI Prudential Mutual Fund	₹409.95	6.4%	7.3%	6.6%	–	–
Invesco India Money Market Fund	Invesco Mutual Fund	₹3,407.04	6.5%	7.3%	6.5%	0.13%	₹6,607 Cr
DSP Money Market Fund	DSP Mutual Fund	₹58.69	6.6%	7.2%	6.5%	0.18%	₹10,992 Cr
Union Money Market Fund	Union Mutual Fund	₹1,371.93	6.8%	7.2%	6.5%	0.14%	₹1,020 Cr
PGIM India Money Market Fund	PGIM India Mutual Fund	₹1,476.32	6.4%	7.2%	6.6%	0.16%	₹125 Cr
TRUSTMF Money Market Fund	Trust Mutual Fund	₹1,323.88	6.4%	7.2%	–	0.16%	₹164 Cr
Bandhan Money Market Fund	Bandhan Mutual Fund	₹43.53	6.4%	7%	6.1%	–	–
LIC MF Money Market Fund	LIC Mutual Fund	₹1,303.77	6.7%	6.8%	–	0.17%	₹4,216 Cr
Taurus Unclaimed Dividend & Redemption Liability (Less than 3 yrs)	Taurus Mutual Fund	₹17.76	3.9%	4.9%	4.7%	–	–
Taurus Investor Education Pool (Greater than 3 yrs)	Taurus Mutual Fund	₹10	0%	0%	0%	–	–
Bank of India Money Market Fund	Bank of India Mutual Fund	₹11.2	6.7%	–	–	0.14%	₹443 Cr
JioBlackRock Money Market Fund	Jio BlackRock Mutual Fund	₹1,077.29	6.5%	–	–	0.16%	₹3,463 Cr
Groww Money Market Fund	Groww Mutual Fund	₹10.49	–	–	–	0.25%	₹62 Cr
Shriram Money Market Fund	Shriram Mutual Fund	₹1,042.98	–	–	–	0.12%	₹101 Cr