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
|
291.15 | -0.68 | 29Y 9M | 97.97 K | Invest |
|
Nippon India Money Market Fund (G)
Moderate risk | Money Market
|
3263.14 | 6.27 | 10Y 11M | 1.20 L | Invest |
|
Kotak Money Market Scheme (G)
Low risk | Money Market
|
3027.72 | 6.1 | 8Y 12M | 1.02 L | Invest |
|
ICICI Prudential Money Market Fund (G)
Moderate risk | Money Market
|
299.21 | 6.22 | 10Y 12M | 1.20 L | Invest |
|
DSP Savings Fund (G)
Low risk | Money Market
|
42.14 | 6.03 | 11Y 9M | 1.19 L | Invest |
|
Invesco India Money Market Fund (G)
Low risk | Money Market
|
2439.61 | 5.69 | 11Y 7M | 1.18 L | Invest |
|
Sundaram Money Market Fund - Regular Plan (G)
Moderate Low risk | Money Market
|
11.94 | -- | - | -- | Invest |
|
SBI Savings Fund (G)
Moderate High risk | Money Market
|
33.18 | 5.87 | 11Y 8M | 1.19 L | Invest |
|
L&T Money Market Fund (G)
Moderate risk | Money Market
|
21.11 | 5.79 | 11Y 2M | 1.18 L | Invest |
|
IDFC Money Manager Treasury Regular (G)
Average risk | Money Market
|
32.42 | 6.84 | 9Y 8M | 1.39 L | Invest |
