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.
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| Fund Name | Latest NAV (₹) | Return (%) | Double Money In | 1 Lac Grew To (₹) | |
|---|---|---|---|---|---|
|
Aditya Birla Sun Life Money Manager Fund (G)
Moderate risk | Money Market
|
269.15 | 0.33 | 21Y 9M | 1.01 L | Invest |
|
Nippon India Money Market Fund (G)
Moderate risk | Money Market
|
3032.33 | 7.47 | 9Y 7M | 1.24 L | Invest |
|
Kotak Money Market Scheme (G)
Low risk | Money Market
|
3300.32 | 7.34 | 8Y 12M | -- | Invest |
|
ICICI Prudential Money Market Fund (G)
Moderate risk | Money Market
|
277.51 | 7.33 | 9Y 8M | 1.24 L | Invest |
|
Invesco India Money Market Fund (G)
Low risk | Money Market
|
2272.36 | 6.96 | 9Y 10M | 1.22 L | Invest |
|
DSP Savings Fund (G)
Low risk | Money Market
|
39.15 | 6.85 | 10Y 7M | 1.22 L | Invest |
|
Sundaram Money Market Fund - Regular Plan (G)
Moderate Low risk | Money Market
|
11.2 | -- | - | -- | Invest |
|
SBI Savings Fund (G)
Moderate High risk | Money Market
|
31 | 6.93 | 9Y 9M | 1.22 L | Invest |
|
L&T Money Market Fund (G)
Moderate risk | Money Market
|
19.9 | 7.56 | 8Y 12M | 1.24 L | Invest |
|
IDFC Money Manager Treasury Regular (G)
Average risk | Money Market
|
30.54 | 6.84 | 9Y 8M | 1.31 L | Invest |
