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 (₹) | |
|---|---|---|---|---|---|
|
L&T Money Market Fund (G)
Moderate risk | Money Market
|
19.24 | 7.96 | 8Y 9M | 1.26 L | Invest |
|
DSP Savings Fund (G)
Low risk | Money Market
|
38.04 | 6.98 | 10Y 1M | 1.22 L | Invest |
|
ICICI Prudential Money Market Fund (G)
Moderate risk | Money Market
|
268.48 | 7.45 | 9Y 3M | 1.24 L | Invest |
|
Reliance Money Market Fund (G)
Moderate risk | Money Market
|
2930.85 | 7.55 | 9Y 3M | 1.24 L | Invest |
|
Kotak Money Market Scheme (G)
Moderate risk | Money Market
|
3192.09 | 7.34 | 8Y 12M | -- | Invest |
|
Invesco India Money Market Fund (G)
Low risk | Money Market
|
2203.21 | 7.15 | 9Y 4M | 1.23 L | Invest |
|
SBI Savings Fund (G)
Moderate High risk | Money Market
|
30.01 | 7.13 | 9Y 5M | 1.23 L | Invest |
|
IDFC Money Manager Treasury Regular (G)
Average risk | Money Market
|
29.66 | 6.84 | 9Y 8M | 1.27 L | Invest |
|
Sundaram Money Market Fund - Regular Plan (G)
Moderate Low risk | Money Market
|
10.83 | -- | - | -- | Invest |
|
Baroda Money Market Fund - Regular Plan (G)
Moderately High risk | Money Market
|
1019.51 | -- | - | -- | Invest |
