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
|
18.55 | 7.7 | 9Y 1M | 1.25 L | Invest |
|
DSP Savings Fund (G)
Low risk | Money Market
|
37.03 | 6.73 | 10Y 2M | 1.22 L | Invest |
|
ICICI Prudential Money Market Fund (G)
Moderate risk | Money Market
|
261.63 | 7.33 | 9Y 3M | 1.24 L | Invest |
|
Reliance Money Market Fund (G)
Moderate risk | Money Market
|
2855.53 | 7.42 | 9Y 3M | 1.24 L | Invest |
|
Kotak Money Market Scheme (G)
Moderate risk | Money Market
|
3111.11 | 7.34 | 8Y 12M | -- | Invest |
|
ICICI Prudential Money Market Fund (WD)
Moderate risk | Money Market
|
100.36 | 7.33 | 9Y 3M | -- | Invest |
|
ICICI Prudential Money Market Fund (MD)
Moderate risk | Money Market
|
100.84 | 7.33 | 9Y 3M | -- | Invest |
|
ICICI Prudential Money Market Fund (DD)
Moderate risk | Money Market
|
100.18 | 7.33 | 9Y 3M | -- | Invest |
|
Invesco India Money Market Fund (G)
Low risk | Money Market
|
2158.83 | 7.25 | 9Y 2M | 1.23 L | Invest |
|
SBI Savings Fund (G)
Moderate High risk | Money Market
|
29.25 | 7.12 | 9Y 5M | 1.23 L | Invest |
