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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₹3340.12+6.42%+7.29%+6.66%+6.62%
+7.25%
Jul 2009
Invest
2

Axis Money Market Fund · Regular · Growth

Axis Mutual Fund

₹19,509 Cr₹1549.69+6.42%+7.28%+6.61%—
+6.32%
Aug 2019
Invest
3

Aditya Birla Sun Life Money Manager Fund · Regular · Growth

Aditya Birla Sun Life Mutual Fund

₹29,121 Cr₹400.63+6.39%+7.27%+6.64%+6.71%
+6.88%
Apr 2006
Invest
4

Tata Money Market Fund · Regular · Growth

Tata Mutual Fund

₹34,504 Cr₹5111.05+6.37%+7.26%+6.60%+5.85%
+6.89%
Dec 2003
Invest
5

Nippon India Money Market Fund · Regular · Growth

Nippon India Mutual Fund

₹21,540 Cr₹4491.46+6.33%+7.25%+6.64%+6.63%
+7.31%
Jun 2005
Invest
6

ICICI Prudential Money Market Fund · Regular · Growth

ICICI Prudential Mutual Fund

₹31,420 Cr₹410.72+6.36%+7.25%+6.59%+6.58%
+7.18%
Apr 2006
Invest
7

Franklin India Money Market Fund · Regular · Growth

Franklin Templeton Mutual Fund

₹4,241 Cr₹54.31+6.39%+7.24%+6.49%+6.61%
+7.11%
Jan 2000
Invest
8

Kotak Money Market Fund · Regular · Growth

Kotak Mahindra Mutual Fund

₹32,331 Cr₹4860.01+6.36%+7.23%+6.59%+6.55%
+7.28%
Apr 2006
Invest
9

HDFC Money Market Fund · Regular · Growth

HDFC Mutual Fund

₹29,388 Cr₹6184.56+6.34%+7.20%+6.55%+6.57%
+7.31%
Oct 1999
Invest
10

Sundaram Money Market Fund · Regular · Growth

Sundaram Mutual Fund

₹1,772 Cr₹16.22+6.33%+7.15%+6.42%—
+6.22%
Sep 2018
Invest
11

HSBC Money Market Fund · Regular · Growth

HSBC Mutual Fund

₹6,032 Cr₹28.53+6.27%+7.07%+6.25%+6.37%
+7.12%
Aug 2005
Invest
12

Mirae Asset Money Market Fund · Regular · Growth

Mirae Asset Mutual Fund

₹3,971 Cr₹1359.77+6.10%+7.05%+6.25%—
+6.17%
Aug 2021
Invest
13

Baroda BNP Paribas Money Market Fund · Regular · Growth

Baroda BNP Paribas Mutual Fund

₹4,112 Cr₹1490.99+6.28%+7.04%+6.26%—
+5.64%
Jun 2019
Invest
14

Invesco India Money Market Fund · Regular · Growth

Invesco Mutual Fund

₹6,070 Cr₹3289.41+6.20%+7.01%+6.20%+6.23%
+7.21%
Aug 2009
Invest
15

DSP Money Market Fund · Regular · Growth

DSP Mutual Fund

₹9,074 Cr₹56.90+6.32%+6.98%+6.23%+6.20%
+6.65%
Sep 1999
Invest
16

Bandhan Money Market Fund · Regular · Growth

Bandhan Mutual Fund

₹15,106 Cr₹43.61+6.36%+6.98%+6.14%+5.87%
+6.44%
Feb 2003
Invest
17

Trust MONEY MARKET FUND · Regular · Growth

Trust Mutual Fund

₹132 Cr₹1315.05+6.13%+6.91%——
+6.87%
Aug 2022
Invest
18

PGIM India Money Market Fund · Regular · Growth

PGIM India Mutual Fund

₹143 Cr₹1431.36+6.07%+6.89%+6.22%—
+5.61%
Mar 2020
Invest
19

SBI Money Market Fund · Regular · Growth

SBI Mutual Fund

₹34,776 Cr₹44.66+5.98%+6.83%+6.16%+6.19%
+5.52%
Nov 1998
Invest
20

Bajaj Finserv Money Market Fund · Regular · Growth

Bajaj Finserv Mutual Fund

₹4,173 Cr₹1234.63+5.83%+6.73%——
+6.84%
Jul 2023
Invest
21

Edelweiss Money Market Fund · Regular · Growth

Edelweiss Mutual Fund

₹2,396 Cr₹30.60+5.93%+6.63%+5.77%+6.04%
+6.32%
Jun 2008
Invest
22

Union Money Market Fund · Regular · Growth

Union Mutual Fund

₹998 Cr₹1326.06+6.06%+6.46%+5.76%—
+5.70%
Aug 2021
Invest
23

LIC MF Money Market Fund · Regular · Growth

LIC Mutual Fund

₹5,070 Cr₹1286.09+6.36%+6.43%——
+6.23%
Aug 2022
Invest
―Category averagemedian of 57 funds——+6.40%+7.24%+6.55%—+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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