Money Market Fund Funds
Detailed analysis of 87 Money Market Fund mutual funds with comprehensive performance metrics and investment insights.
What are Money Market Fund Funds?
Money Market Fund funds are a specialized category within Debt mutual funds, designed for specific investment objectives and risk profiles. These funds collectively manage assets worth ₹274.92L Cr across 87 different schemes.
With an average expense ratio of 0.17%, Money Market Fund funds offer cost-effective investment options for various types of investors. The category has demonstrated average returns of 3.85% over 1 year and 3.53% over 3 years.
All Money Market Fund Funds
| Fund Name | AMC | AUM | Expense | 1Y Return | 3Y Return | NAV |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Money Manager Fund - Growth - Direct Plan
Plan: Growth | Aditya Birla Sun Life Mutual Fund | ₹23.05L Cr | 0.22% | 7.25% | 7.57% | ₹388.00 |
| Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW
Plan: IDCW | Aditya Birla Sun Life Mutual Fund | ₹609.38 Cr | 0.22% | 0.00% | 0.00% | ₹100.02 |
| Aditya Birla Sun Life Money Manager Fund - Direct - weekly IDCW
Plan: IDCW | Aditya Birla Sun Life Mutual Fund | ₹129.30 Cr | 0.22% | -0.02% | 0.01% | ₹100.17 |
| Baroda BNP Paribas Money Market Fund -Direct Plan - Weekly IDCW
Plan: IDCW | Baroda BNP Paribas Mutual Fund | ₹1.69K Cr | 0.16% | 0.02% | 0.02% | ₹1000.63 |
| Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW
Plan: IDCW | Baroda BNP Paribas Mutual Fund | ₹2.51 Cr | 0.16% | 0.04% | 1.20% | ₹1036.36 |
| Baroda BNP Paribas Money Market Fund - Direct Plan-Daily IDCW
Plan: IDCW | Baroda BNP Paribas Mutual Fund | ₹121.00 Cr | 0.16% | 0.00% | 0.00% | ₹1000.00 |
| Baroda BNP Paribas Money Market Fund- Direct Plan - Growth
Plan: Growth | Baroda BNP Paribas Mutual Fund | ₹2.11L Cr | 0.16% | 7.30% | 7.31% | ₹1448.35 |
| DSP Savings Fund - Direct Plan - Growth
Plan: Growth | DSP Mutual Fund | ₹4.57L Cr | 0.15% | 7.02% | 7.35% | ₹56.12 |
| DSP Savings Fund - Direct Plan - IDCW - Monthly
Plan: IDCW | DSP Mutual Fund | ₹3.94 Cr | 0.15% | 0.27% | 0.46% | ₹11.03 |
| DSP Savings Fund - Direct Plan - IDCW
Plan: IDCW | DSP Mutual Fund | ₹3.18 Cr | 0.15% | 0.08% | 0.33% | ₹12.46 |
| DSP Savings Fund - Direct Plan - IDCW - Daily
Plan: IDCW | DSP Mutual Fund | ₹1.34K Cr | 0.15% | 0.00% | 0.00% | ₹10.15 |
| HDFC Money Market Fund - Daily IDCW Option - Direct Plan
Plan: IDCW | HDFC Mutual Fund | ₹1.56K Cr | 0.23% | 0.00% | 0.00% | ₹1063.64 |
| HDFC Money Market Fund - Weekly IDCW Option -Direct Plan
Plan: IDCW | HDFC Mutual Fund | ₹377.97 Cr | 0.23% | 0.02% | 0.00% | ₹1063.19 |
| HDFC Money Market Fund - Growth Option - Direct Plan
Plan: Growth | HDFC Mutual Fund | ₹27.80L Cr | 0.23% | 7.34% | 7.55% | ₹6037.65 |
| Kotak Money Market Fund - (Growth) - Direct
Plan: Growth | Kotak Mahindra Mutual Fund | ₹31.11L Cr | 0.21% | 7.30% | 7.52% | ₹4693.32 |
| Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct
Plan: IDCW | Kotak Mahindra Mutual Fund | ₹11.99K Cr | 0.21% | 4.52% | 5.12% | ₹1252.56 |
| LIC MF Money Market Fund-Direct Plan-Growth
Plan: Growth | LIC Mutual Fund | ₹2.07L Cr | 0.19% | 6.94% | 6.71% | ₹1246.41 |
| LIC MF Money Market Fund-Direct Plan-IDCW
Plan: IDCW | LIC Mutual Fund | ₹16.57 Cr | 0.19% | 6.94% | 0.00% | ₹1246.41 |
| ICICI Prudential Money Market Fund Option - Direct Plan - Daily IDCW
Plan: IDCW | ICICI Prudential Mutual Fund | ₹1.91K Cr | 0.21% | 0.00% | 0.00% | ₹100.14 |
| ICICI Prudential Money Market Fund Option - Direct Plan - Growth
Plan: Growth | ICICI Prudential Mutual Fund | ₹29.85L Cr | 0.21% | 7.36% | 7.55% | ₹397.90 |
| ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW
Plan: IDCW | ICICI Prudential Mutual Fund | ₹81.94 Cr | 0.21% | 0.02% | 0.01% | ₹100.83 |
| ICICI Prudential Money Market Fund Option - Direct Plan - IDCW Others
Plan: IDCW | ICICI Prudential Mutual Fund | ₹16.72 Cr | 0.21% | 7.36% | 7.55% | ₹182.32 |
| NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - QUARTERLY IDCW Option
Plan: IDCW | Nippon India Mutual Fund | ₹70.04 Cr | 0.22% | 0.17% | 0.05% | ₹1017.47 |
| Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option
Plan: Bonus | Nippon India Mutual Fund | ₹3.01 Cr | 0.22% | 7.37% | 7.57% | ₹2560.39 |
| NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - WEEKLY IDCW Option
Plan: IDCW | Nippon India Mutual Fund | ₹3.89 Cr | 0.22% | 0.09% | 0.07% | ₹1006.72 |
| NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - DAILY IDCW Option
Plan: IDCW | Nippon India Mutual Fund | ₹3.42K Cr | 0.22% | 0.19% | 0.09% | ₹1006.23 |
| NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - MONTHLY IDCW Option
Plan: IDCW | Nippon India Mutual Fund | ₹232.53 Cr | 0.22% | 0.08% | 0.22% | ₹1024.97 |
| Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option
Plan: Growth | Nippon India Mutual Fund | ₹17.73L Cr | 0.22% | 7.37% | 7.57% | ₹4354.27 |
| SBI Savings Fund - Direct Plan Weekly Income Distribution cum Capital Withdrawal Option (IDCW)
Plan: IDCW | SBI Mutual Fund | ₹4.07K Cr | 0.25% | 9.38% | 7.69% | ₹16.62 |
| SBI Savings Fund - Direct Plan Daily Income Distribution cum Capital Withdrawal Option (IDCW)
Plan: IDCW | SBI Mutual Fund | ₹141.35 Cr | 0.25% | 7.32% | 7.52% | ₹14.38 |
| SBI SAVINGS FUND - DIRECT PLAN - GROWTH
Plan: Growth | SBI Mutual Fund | ₹29.69L Cr | 0.25% | 7.32% | 7.52% | ₹46.05 |
| SBI Savings Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)
Plan: IDCW | SBI Mutual Fund | ₹272.12 Cr | 0.25% | 7.32% | 7.52% | ₹18.25 |
| Tata Money Market Fund- Direct Plan- Growth Option
Plan: Growth | Tata Mutual Fund | ₹34.82L Cr | 0.15% | 7.42% | 7.69% | ₹4984.12 |
| Tata Money Market Fund- Direct Plan - Daily Reinvestment of IDCW Option
Plan: IDCW | Tata Mutual Fund | ₹748.31 Cr | 0.15% | 0.00% | 0.00% | ₹1114.52 |
| Franklin India Money Market Fund Retail Option - Direct - Quarterly - IDCW
Plan: IDCW | Franklin Templeton Mutual Fund | ₹9.47 Cr | 0.14% | 1.54% | 2.25% | ₹11.65 |
| Franklin India Money Market Fund - Direct - Growth
Plan: Growth | Franklin Templeton Mutual Fund | ₹2.90L Cr | 0.14% | 7.41% | 7.56% | ₹53.71 |
| Franklin India Money Market Fund Retail Option - Direct - Daily - IDCW
Plan: IDCW | Franklin Templeton Mutual Fund | ₹13.87 Cr | 0.14% | 0.54% | 0.18% | ₹10.11 |
| Franklin India Money Market Fund Retail Option - Direct - Monthly - IDCW
Plan: IDCW | Franklin Templeton Mutual Fund | ₹82.40 Cr | 0.14% | 0.29% | 1.05% | ₹10.94 |
| UTI MMF - Direct Plan - Growth Option
Plan: Growth | UTI Mutual Fund | ₹13.95L Cr | 0.00% | 7.34% | 7.56% | ₹3232.76 |
| UTI Money Market Fund - Direct Plan - Daily IDCW (Reinvestment)
Plan: IDCW | UTI Mutual Fund | ₹125.70 Cr | 0.17% | 0.00% | 0.00% | ₹1030.93 |
| UTI Money Market Fund - Direct Plan - Weekly IDCW
Plan: IDCW | UTI Mutual Fund | ₹14.48 Cr | 0.17% | 0.66% | 2.19% | ₹1107.24 |
| UTI Money Market Fund - Direct Plan - Monthly IDCW
Plan: IDCW | UTI Mutual Fund | ₹13.41 Cr | 0.17% | 7.34% | 7.56% | ₹1582.44 |
| UTI Money Market Fund - Direct Plan - Annual IDCW
Plan: IDCW | UTI Mutual Fund | ₹36.62 Cr | 0.17% | 7.34% | 7.56% | ₹1918.80 |
| UTI Money Market Fund - Direct Plan - Fortnightly IDCW
Plan: IDCW | UTI Mutual Fund | ₹3.27 Cr | 0.17% | -0.16% | -0.05% | ₹1251.33 |
| UTI Money Market Fund - Direct Plan - Quarterly IDCW
Plan: IDCW | UTI Mutual Fund | ₹3.43K Cr | 0.17% | 7.33% | 7.56% | ₹1715.35 |
| UTI Money Market Fund - Direct Plan - Flexi IDCW
Plan: IDCW | UTI Mutual Fund | ₹1.52 Cr | 0.17% | 7.34% | 7.56% | ₹1657.09 |
| UTI Money Market Fund - Direct Plan - Half-Yearly IDCW
Plan: IDCW | UTI Mutual Fund | ₹89.30 Cr | 0.17% | 7.34% | 7.56% | ₹1806.34 |
| Sundaram Money Market Fund Direct Plan - Growth
Plan: Growth | Sundaram Mutual Fund | ₹1.84L Cr | 0.17% | 7.29% | 7.34% | ₹15.63 |
| Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW)
Plan: IDCW | Sundaram Mutual Fund | ₹1.92 Cr | 0.17% | -1.58% | -0.53% | ₹10.99 |
| HSBC Money Market Fund - Direct Growth
Plan: Growth | HSBC Mutual Fund | ₹4.00L Cr | 0.15% | 7.27% | 7.44% | ₹28.66 |
| HSBC Money Market Fund - Direct Monthly IDCW
Plan: IDCW | HSBC Mutual Fund | ₹12.35 Cr | 0.15% | -0.25% | -0.07% | ₹12.23 |
| HSBC Money Market Fund - Direct Weekly IDCW
Plan: IDCW | HSBC Mutual Fund | ₹29.04 Cr | 0.15% | 0.05% | -0.02% | ₹13.19 |
| HSBC Money Market Fund - Direct Daily IDCW
Plan: IDCW | HSBC Mutual Fund | ₹5.70K Cr | 0.15% | 0.00% | 0.00% | ₹10.86 |
| Invesco India Money Market Fund - Direct Plan - Growth
Plan: Growth | Invesco Mutual Fund | ₹4.98L Cr | 0.22% | 7.25% | 7.40% | ₹3262.16 |
| Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment)
Plan: IDCW | Invesco Mutual Fund | ₹10.50 Cr | 0.22% | 0.56% | 0.21% | ₹1012.20 |
| Invesco India Money Market Fund - Direct Plan - Monthly IDCW (Payout / Reinvestment)
Plan: IDCW | Invesco Mutual Fund | ₹10.16 Cr | 0.22% | 7.25% | 4.07% | ₹1189.66 |
| Invesco India Money Market Fund - Direct Plan - Discretionary IDCW (Payout / Reinvestment)
Plan: IDCW | Invesco Mutual Fund | ₹0.72 Cr | 0.22% | 7.25% | 7.40% | ₹2922.42 |
| Mirae Asset Money Market Fund Direct Growth
Plan: Growth | Mirae Asset Mutual Fund | ₹3.19L Cr | 0.08% | 7.32% | 7.46% | ₹1322.99 |
| Mirae Asset Money Market Fund Direct IDCW
Plan: IDCW | Mirae Asset Mutual Fund | ₹29.25 Cr | 0.08% | 7.32% | 7.43% | ₹1320.81 |
| Bank of India Money Market Fund - Direct - Growth
Plan: Growth | Bank of India Mutual Fund | ₹7.18K Cr | 0.11% | 6.98% | 0.00% | ₹10.70 |
| Bank of India Money Market Fund - Direct - Monthly IDCW
Plan: IDCW | Bank of India Mutual Fund | ₹3.79 Cr | 0.11% | 6.97% | 0.00% | ₹10.70 |
| Bank of India Money Market Fund - Direct - Daily IDCW
Plan: IDCW | Bank of India Mutual Fund | ₹0.05 Cr | 0.11% | 0.49% | 0.00% | ₹10.05 |
| Edelweiss Money Market Fund - Direct Plan - IDCW Option
Plan: IDCW | Edelweiss Mutual Fund | ₹1.30K Cr | 0.16% | 7.34% | 7.41% | ₹30.27 |
| Edelweiss Money Market Fund - Direct Plan - Annual - IDCW Option
Plan: IDCW | Edelweiss Mutual Fund | ₹35.26 Cr | 0.16% | 7.32% | 7.40% | ₹32.45 |
| Edelweiss Money Market Fund - Direct Plan - Growth Option
Plan: Growth | Edelweiss Mutual Fund | ₹1.60L Cr | 0.16% | 7.33% | 7.41% | ₹32.46 |
| Bandhan Money Market Fund -Direct Plan-Monthly IDCW
Plan: IDCW | Bandhan Mutual Fund | ₹18.26 Cr | 0.10% | -0.17% | -0.05% | ₹10.22 |
| Bandhan Money Market Fund -Direct Plan-Daily IDCW
Plan: IDCW | Bandhan Mutual Fund | ₹51.01 Cr | 0.10% | 0.00% | 0.00% | ₹10.10 |
| Bandhan Money Market Fund -Direct Plan-Growth
Plan: Growth | Bandhan Mutual Fund | ₹11.27L Cr | 0.10% | 7.41% | 7.56% | ₹45.23 |
| Bandhan Money Market Fund -Direct Plan-Weekly IDCW
Plan: IDCW | Bandhan Mutual Fund | ₹3.41 Cr | 0.10% | -0.02% | 0.01% | ₹10.11 |
| Bandhan Money Market Fund -Direct Plan-Periodic IDCW
Plan: IDCW | Bandhan Mutual Fund | ₹0.71 Cr | 0.10% | 7.45% | 7.60% | ₹16.59 |
| Axis Money Market Fund - Direct Plan - Daily IDCW
Plan: IDCW | Axis Mutual Fund | ₹15.28 Cr | 0.17% | 0.00% | 0.00% | ₹1005.61 |
| Axis Money Market Fund - Direct Plan - Annual IDCW
Plan: IDCW | Axis Mutual Fund | ₹4.97 Cr | 0.17% | 4.04% | 4.08% | ₹1306.94 |
| Axis Money Market Fund - Direct Plan - Monthly IDCW
Plan: IDCW | Axis Mutual Fund | ₹28.46 Cr | 0.17% | -0.14% | -0.04% | ₹1011.77 |
| Axis Money Market Fund - Direct Plan - Growth Option
Plan: Growth | Axis Mutual Fund | ₹17.38L Cr | 0.17% | 7.40% | 7.61% | ₹1496.26 |
| Axis Money Market Fund - Direct Plan - Quarterly IDCW
Plan: IDCW | Axis Mutual Fund | ₹1.47 Cr | 0.17% | 3.78% | 3.84% | ₹1179.51 |
| PGIM India Money Market Fund - Direct Plan - Monthly Dividend Option
Plan: IDCW | PGIM India Mutual Fund | ₹12.88 Cr | 0.19% | 0.56% | 1.69% | ₹1071.46 |
| PGIM India Money Market Fund - Direct Plan - Growth Option
Plan: Growth | PGIM India Mutual Fund | ₹11.51K Cr | 0.19% | 7.16% | 7.40% | ₹1414.39 |
| PGIM India Money Market Fund - Direct Plan - Weekly Dividend Option
Plan: IDCW | PGIM India Mutual Fund | ₹7.21 Cr | 0.19% | -0.02% | 0.01% | ₹1001.03 |
| PGIM India Money Market Fund - Direct Plan - Daily Dividend Option
Plan: IDCW | PGIM India Mutual Fund | ₹2.18K Cr | 0.19% | 0.43% | 0.14% | ₹1010.43 |
| Union Money Market Fund - Direct Plan - Monthly IDCW Option
Plan: IDCW | Union Mutual Fund | ₹12.87 Cr | 0.16% | 0.63% | 0.25% | ₹1012.58 |
| Union Money Market Fund - Direct Plan - Growth Option
Plan: Growth | Union Mutual Fund | ₹8.00K Cr | 0.16% | 7.12% | 7.21% | ₹1310.50 |
| TRUSTMF MONEY MARKET FUND-DIRECT PLAN-GROWTH
Plan: Growth | Trust Mutual Fund | ₹8.45K Cr | 0.16% | 7.06% | 7.26% | ₹1267.82 |
| TRUSTMF MONEY MARKET FUND-DIRECT PLAN-MONTHLY IDCW
Plan: IDCW | Trust Mutual Fund | ₹0.74 Cr | 0.16% | 3.69% | 3.74% | ₹1144.10 |
| Bajaj Finserv Money Market Fund-Direct Plan-Growth
Plan: Growth | Bajaj Finserv Mutual Fund | ₹5.64L Cr | 0.11% | 7.38% | 0.00% | ₹1202.33 |
| Bajaj Finserv Money Market Fund-Direct Plan-IDCW
Plan: IDCW | Bajaj Finserv Mutual Fund | ₹47.09 Cr | 0.11% | 7.38% | 0.00% | ₹1202.33 |
| Bajaj Finserv Money Market Fund-Direct Plan-Monthly-IDCW
Plan: IDCW | Bajaj Finserv Mutual Fund | ₹19.26 Cr | 0.11% | -0.07% | 0.00% | ₹1036.04 |
| JioBlackRock Money Market Fund - Direct Plan - Growth Option
Plan: Growth | Jio BlackRock Mutual Fund | ₹4.59L Cr | 0.15% | 0.00% | 0.00% | ₹1032.04 |
Key Investment Insights
Average Performance
Money Market Fund funds have delivered an average return of 3.85% over 1 year, with the category's expense ratio averaging 0.17%.
Market Coverage
With 87 funds managing ₹274.92L Cr, this subcategory offers diverse investment options across various fund houses.
Investment Strategy
Money Market Fund funds are part of the Debt category, designed for investors seeking stable returns through debt instruments.