Money market funds are basically open-ended debt schemes that invest in the money market instruments that have maturity period of up to 1 year. These funds usually invest in the short-term debt securities such as commercial paper, US treasury bills, certificate of deposits, etc. These money market schemes are appropriate for investors who are interested in investing for a period of up to 365 days. The risk involved in this scheme is low and therefore it is one of the best investment options for conservative investors.
ICICI Prudential Long Term Equity Fund: Your best companion for last minute tax saving
Save up to Rs.46,350 + Long Term Wealth Creation INVEST NOWTrusted by more than 25 lakh Indians.
| Fund Name | Latest NAV (₹) | Return (%) | Double Money In | 1 Lac Grew To (₹) | |
|---|---|---|---|---|---|
|
Aditya Birla Sun Life Money Manager Fund (G)
Moderate risk | Money Market
|
282.58 | 0.24 | 23Y 9M | 1.01 L | Invest |
|
Kotak Money Market Scheme (G)
Low risk | Money Market
|
3439.21 | 7.34 | 8Y 12M | -- | Invest |
|
Nippon India Money Market Fund (G)
Moderate risk | Money Market
|
3168.96 | 7.25 | 9Y 12M | 1.23 L | Invest |
|
ICICI Prudential Money Market Fund (G)
Moderate risk | Money Market
|
290.72 | 7.19 | 10Y 1M | 1.23 L | Invest |
|
DSP Savings Fund (G)
Low risk | Money Market
|
40.95 | 6.86 | 10Y 11M | 1.22 L | Invest |
|
Invesco India Money Market Fund (G)
Low risk | Money Market
|
2372.29 | 6.67 | 10Y 6M | 1.21 L | Invest |
|
Sundaram Money Market Fund - Regular Plan (G)
Moderate Low risk | Money Market
|
11.63 | -- | - | -- | Invest |
|
SBI Savings Fund (G)
Moderate High risk | Money Market
|
32.32 | 6.73 | 10Y 4M | 1.22 L | Invest |
|
L&T Money Market Fund (G)
Moderate risk | Money Market
|
20.65 | 6.88 | 9Y 8M | 1.22 L | Invest |
|
IDFC Money Manager Treasury Regular (G)
Average risk | Money Market
|
31.68 | 6.84 | 9Y 8M | 1.36 L | Invest |
