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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

₹16,479 Cr₹3362.83+6.36%+7.24%+6.72%+6.61%
+7.24%
Jul 2009
Invest
2

Axis Money Market Fund · Regular · Growth

Axis Mutual Fund

₹20,440 Cr₹1560.38+6.37%+7.23%+6.67%—
+6.31%
Aug 2019
Invest
3

Aditya Birla Sun Life Money Manager Fund · Regular · Growth

Aditya Birla Sun Life Mutual Fund

₹29,541 Cr₹403.38+6.34%+7.22%+6.70%+6.69%
+6.87%
Apr 2006
Invest
4

ICICI Prudential Money Market Fund · Regular · Growth

ICICI Prudential Mutual Fund

₹35,030 Cr₹413.52+6.31%+7.20%+6.65%+6.56%
+7.17%
Apr 2006
Invest
5

Franklin India Money Market Fund · Regular · Growth

Franklin Templeton Mutual Fund

₹4,069 Cr₹54.70+6.39%+7.20%+6.56%+6.58%
+7.11%
Jan 2000
Invest
6

Tata Money Market Fund · Regular · Growth

Tata Mutual Fund

₹33,968 Cr₹5145.77+6.32%+7.20%+6.67%+5.83%
+6.89%
Dec 2003
Invest
7

Nippon India Money Market Fund · Regular · Growth

Nippon India Mutual Fund

₹23,044 Cr₹4521.95+6.27%+7.20%+6.70%+6.61%
+7.30%
Jun 2005
Invest
8

Kotak Money Market Fund · Regular · Growth

Kotak Mahindra Mutual Fund

₹29,648 Cr₹4893.05+6.31%+7.18%+6.66%+6.53%
+7.28%
Apr 2006
Invest
9

HDFC Money Market Fund · Regular · Growth

HDFC Mutual Fund

₹31,273 Cr₹6225.65+6.29%+7.15%+6.60%+6.55%
+7.30%
Oct 1999
Invest
10

Sundaram Money Market Fund · Regular · Growth

Sundaram Mutual Fund

₹1,547 Cr₹16.33+6.31%+7.10%+6.49%—
+6.22%
Sep 2018
Invest
11

HSBC Money Market Fund · Regular · Growth

HSBC Mutual Fund

₹7,130 Cr₹28.73+6.23%+7.04%+6.32%+6.32%
+7.11%
Aug 2005
Invest
12

Baroda BNP Paribas Money Market Fund · Regular · Growth

Baroda BNP Paribas Mutual Fund

₹3,531 Cr₹1501.14+6.22%+7.01%+6.33%—
+5.64%
Jun 2019
Invest
13

Mirae Asset Money Market Fund · Regular · Growth

Mirae Asset Mutual Fund

₹3,539 Cr₹1368.90+6.07%+7.00%+6.32%—
+6.16%
Aug 2021
Invest
14

Invesco India Money Market Fund · Regular · Growth

Invesco Mutual Fund

₹6,267 Cr₹3311.13+6.14%+6.96%+6.27%+6.21%
+7.20%
Aug 2009
Invest
15

Bandhan Money Market Fund · Regular · Growth

Bandhan Mutual Fund

₹14,416 Cr₹43.91+6.32%+6.96%+6.22%+5.82%
+6.43%
Feb 2003
Invest
16

DSP Money Market Fund · Regular · Growth

DSP Mutual Fund

₹9,437 Cr₹57.27+6.24%+6.94%+6.29%+6.18%
+6.65%
Sep 1999
Invest
17

Trust MONEY MARKET FUND · Regular · Growth

Trust Mutual Fund

₹168 Cr₹1323.95+6.12%+6.87%——
+6.84%
Aug 2022
Invest
18

PGIM India Money Market Fund · Regular · Growth

PGIM India Mutual Fund

₹126 Cr₹1440.82+6.02%+6.84%+6.30%—
+5.61%
Mar 2020
Invest
19

SBI Money Market Fund · Regular · Growth

SBI Mutual Fund

₹32,054 Cr₹44.94+5.92%+6.79%+6.22%+6.15%
+5.52%
Nov 1998
Invest
20

Bajaj Finserv Money Market Fund · Regular · Growth

Bajaj Finserv Mutual Fund

₹4,758 Cr₹1242.05+5.76%+6.67%——
+6.77%
Jul 2023
Invest
21

Edelweiss Money Market Fund · Regular · Growth

Edelweiss Mutual Fund

₹2,302 Cr₹30.79+5.89%+6.59%+5.84%+5.95%
+6.31%
Jun 2008
Invest
22

Union Money Market Fund · Regular · Growth

Union Mutual Fund

₹1,267 Cr₹1334.67+6.08%+6.44%+5.83%—
+5.69%
Aug 2021
Invest
23

LIC MF Money Market Fund · Regular · Growth

LIC Mutual Fund

₹4,368 Cr₹1295.21+6.33%+6.41%——
+6.22%
Aug 2022
Invest
―Category averagemedian of 57 funds——+6.36%+7.20%+6.62%—+6.75%

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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