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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.

28 funds in this category · showing top 22 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

₹18,220 Cr₹3293.79+6.16%+7.28%+6.53%+6.63%
+7.26%
Jul 2009
Invest
2

Axis Money Market Fund · Regular · Growth

Axis Mutual Fund

₹22,282 Cr₹1528.38+6.16%+7.25%+6.48%
+6.30%
Aug 2019
Invest
3

Aditya Birla Sun Life Money Manager Fund · Regular · Growth

Aditya Birla Sun Life Mutual Fund

₹28,617 Cr₹395.04+6.12%+7.25%+6.50%+6.71%
+6.88%
Apr 2006
Invest
4

Tata Money Market Fund · Regular · Growth

Tata Mutual Fund

₹35,993 Cr₹5042.11+6.13%+7.25%+6.47%+5.85%
+6.89%
Dec 2003
Invest
5

Nippon India Money Market Fund · Regular · Growth

Nippon India Mutual Fund

₹21,361 Cr₹4430.64+6.09%+7.25%+6.51%+6.63%
+7.31%
Jun 2005
Invest
6

ICICI Prudential Money Market Fund · Regular · Growth

ICICI Prudential Mutual Fund

₹34,201 Cr₹405.09+6.09%+7.23%+6.45%+6.58%
+7.18%
Apr 2006
Invest
7

Kotak Money Market Fund · Regular · Growth

Kotak Mahindra Mutual Fund

₹32,866 Cr₹4794.56+6.12%+7.22%+6.47%+6.55%
+7.29%
Apr 2006
Invest
8

Franklin India Money Market Fund · Regular · Growth

Franklin Templeton Mutual Fund

₹3,948 Cr₹53.56+6.10%+7.21%+6.35%+6.63%
+7.11%
Jan 2000
Invest
9

HDFC Money Market Fund · Regular · Growth

HDFC Mutual Fund

₹31,820 Cr₹6101.11+6.09%+7.19%+6.42%+6.57%
+7.31%
Oct 1999
Invest
10

Sundaram Money Market Fund · Regular · Growth

Sundaram Mutual Fund

₹2,093 Cr₹16.00+6.07%+7.11%+6.28%
+6.21%
Sep 2018
Invest
11

HSBC Money Market Fund · Regular · Growth

HSBC Mutual Fund

₹5,348 Cr₹28.15+6.02%+7.03%+6.09%+6.44%
+7.12%
Aug 2005
Invest
12

Mirae Asset Money Market Fund · Regular · Growth

Mirae Asset Mutual Fund

₹3,478 Cr₹1341.64+5.84%+7.02%
+6.11%
Aug 2021
Invest
13

Baroda BNP Paribas Money Market Fund · Regular · Growth

Baroda BNP Paribas Mutual Fund

₹4,718 Cr₹1470.65+6.06%+7.00%+6.11%
+5.60%
Jun 2019
Invest
14

Invesco India Money Market Fund · Regular · Growth

Invesco Mutual Fund

₹6,115 Cr₹3245.33+5.91%+6.97%+6.06%+6.24%
+7.22%
Aug 2009
Invest
15

DSP Savings Fund · Regular · Growth

DSP Mutual Fund

₹8,439 Cr₹56.13+6.09%+6.95%+6.10%+6.19%
+6.65%
Sep 1999
Invest
16

Bandhan Money Market Fund · Regular · Growth

Bandhan Mutual Fund

₹14,432 Cr₹43.02+6.10%+6.92%+5.98%+5.89%
+6.43%
Feb 2003
Invest
17

Trust MONEY MARKET FUND · Regular · Growth

Trust Mutual Fund

₹118 Cr₹1297.72+5.87%+6.89%
+6.88%
Aug 2022
Invest
18

PGIM India Money Market Fund · Regular · Growth

PGIM India Mutual Fund

₹207 Cr₹1412.65+5.85%+6.86%+6.08%
+5.58%
Mar 2020
Invest
19

SBI Savings Fund · Regular · Growth

SBI Mutual Fund

₹35,253 Cr₹44.08+5.73%+6.81%+6.03%+6.22%
+5.51%
Nov 1998
Invest
20

Edelweiss Money Market Fund · Regular · Growth

Edelweiss Mutual Fund

₹30.20+5.61%+6.58%+5.62%+6.19%
+6.31%
Jun 2008
Invest
21

Union Money Market Fund · Regular · Growth

Union Mutual Fund

₹294 Cr₹1309.13+5.75%+6.42%
+5.66%
Aug 2021
Invest
22

LIC MF Money Market Fund · Regular · Growth

LIC Mutual Fund

₹4,595 Cr₹1268.85+6.14%+6.39%
+6.20%
Aug 2022
Invest
Category averagemedian of 56 funds+6.16%+7.21%+6.43%+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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