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Best Money Market Mutual Funds

Money market funds investing in instruments up to 1-year maturity. Highly liquid. Data from AMFI, updated daily.

29 funds in this category · showing top 23 ranked by 3-year return

Looking for the full directory? View all Money Market Mutual Funds

#SchemeAUMNAV1Y3Y5Y10YSince Inception
1

UTI Money Market Fund · Regular · Growth

UTI Mutual Fund

₹17,399 Cr₹3338.61+6.42%+7.28%+6.65%+6.62%
+7.25%
Jul 2009
Invest
2

Axis Money Market Fund · Regular · Growth

Axis Mutual Fund

₹19,509 Cr₹1548.99+6.42%+7.26%+6.60%—
+6.31%
Aug 2019
Invest
3

Aditya Birla Sun Life Money Manager Fund · Regular · Growth

Aditya Birla Sun Life Mutual Fund

₹29,121 Cr₹400.44+6.39%+7.25%+6.63%+6.71%
+6.88%
Apr 2006
Invest
4

Tata Money Market Fund · Regular · Growth

Tata Mutual Fund

₹34,504 Cr₹5108.86+6.37%+7.24%+6.60%+5.85%
+6.89%
Dec 2003
Invest
5

Nippon India Money Market Fund · Regular · Growth

Nippon India Mutual Fund

₹21,540 Cr₹4489.46+6.33%+7.24%+6.64%+6.63%
+7.31%
Jun 2005
Invest
6

ICICI Prudential Money Market Fund · Regular · Growth

ICICI Prudential Mutual Fund

₹31,420 Cr₹410.53+6.36%+7.24%+6.58%+6.58%
+7.18%
Apr 2006
Invest
7

Franklin India Money Market Fund · Regular · Growth

Franklin Templeton Mutual Fund

₹4,241 Cr₹54.28+6.39%+7.22%+6.48%+6.61%
+7.11%
Jan 2000
Invest
8

Kotak Money Market Fund · Regular · Growth

Kotak Mahindra Mutual Fund

₹32,331 Cr₹4857.97+6.37%+7.22%+6.59%+6.55%
+7.28%
Apr 2006
Invest
9

HDFC Money Market Fund · Regular · Growth

HDFC Mutual Fund

₹29,388 Cr₹6181.89+6.35%+7.18%+6.54%+6.57%
+7.31%
Oct 1999
Invest
10

Sundaram Money Market Fund · Regular · Growth

Sundaram Mutual Fund

₹1,772 Cr₹16.21+6.33%+7.13%+6.41%—
+6.22%
Sep 2018
Invest
11

HSBC Money Market Fund · Regular · Growth

HSBC Mutual Fund

₹6,032 Cr₹28.52+6.27%+7.06%+6.24%+6.36%
+7.12%
Aug 2005
Invest
12

Mirae Asset Money Market Fund · Regular · Growth

Mirae Asset Mutual Fund

₹3,971 Cr₹1359.02+6.14%+7.03%+6.24%—
+6.16%
Aug 2021
Invest
13

Baroda BNP Paribas Money Market Fund · Regular · Growth

Baroda BNP Paribas Mutual Fund

₹4,112 Cr₹1490.32+6.28%+7.02%+6.26%—
+5.63%
Jun 2019
Invest
14

Invesco India Money Market Fund · Regular · Growth

Invesco Mutual Fund

₹6,070 Cr₹3287.93+6.20%+6.99%+6.19%+6.23%
+7.21%
Aug 2009
Invest
15

DSP Money Market Fund · Regular · Growth

DSP Mutual Fund

₹9,074 Cr₹56.87+6.32%+6.97%+6.22%+6.20%
+6.65%
Sep 1999
Invest
16

Bandhan Money Market Fund · Regular · Growth

Bandhan Mutual Fund

₹15,106 Cr₹43.59+6.37%+6.97%+6.14%+5.86%
+6.43%
Feb 2003
Invest
17

Trust MONEY MARKET FUND · Regular · Growth

Trust Mutual Fund

₹132 Cr₹1314.59+6.14%+6.90%——
+6.87%
Aug 2022
Invest
18

PGIM India Money Market Fund · Regular · Growth

PGIM India Mutual Fund

₹143 Cr₹1430.76+6.08%+6.87%+6.21%—
+5.61%
Mar 2020
Invest
19

SBI Money Market Fund · Regular · Growth

SBI Mutual Fund

₹34,776 Cr₹44.64+5.99%+6.82%+6.15%+6.18%
+5.52%
Nov 1998
Invest
20

Bajaj Finserv Money Market Fund · Regular · Growth

Bajaj Finserv Mutual Fund

₹4,173 Cr₹1234.06+5.83%+6.71%——
+6.83%
Jul 2023
Invest
21

Edelweiss Money Market Fund · Regular · Growth

Edelweiss Mutual Fund

₹2,396 Cr₹30.58+5.93%+6.61%+5.76%+6.03%
+6.31%
Jun 2008
Invest
22

Union Money Market Fund · Regular · Growth

Union Mutual Fund

₹998 Cr₹1325.50+6.06%+6.45%+5.75%—
+5.69%
Aug 2021
Invest
23

LIC MF Money Market Fund · Regular · Growth

LIC Mutual Fund

₹5,070 Cr₹1285.56+6.37%+6.42%——
+6.22%
Aug 2022
Invest
―Category averagemedian of 57 funds——+6.41%+7.22%+6.54%—+6.76%

Showing Regular-Growth plans. Returns are CAGR (annualised) for periods ≥1 year, absolute for periods <1 year. Data sourced from AMFI. Past performance is not indicative of future results.

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