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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Save up to Rs.46,350 + Long Term Wealth Creation INVEST NOW| Fund Name | Latest NAV (₹) | Return (%) | Double Money In | 1 Lac Grew To (₹) | |
|---|---|---|---|---|---|
|
L&T Money Market Fund (G)
Moderate risk | Money Market
|
18.41 | 8 | 8Y 11M | 1.26 L | Invest |
|
DSP Savings Fund (G)
Low risk | Money Market
|
36.51 | 6.66 | 10Y 2M | 1.21 L | Invest |
|
ICICI Prudential Money Market Fund (G)
Moderate risk | Money Market
|
258.01 | 7.35 | 9Y 3M | 1.24 L | Invest |
|
Reliance Money Market Fund (G)
Moderate risk | Money Market
|
2814.11 | 7.4 | 9Y 2M | 1.24 L | Invest |
|
ICICI Prudential Money Market Fund (MD)
Moderate risk | Money Market
|
100.84 | 7.35 | 9Y 3M | -- | Invest |
|
Kotak Money Market Scheme (G)
Moderate risk | Money Market
|
3067.08 | 7.34 | 8Y 12M | -- | Invest |
|
Invesco India Money Market Fund (G)
Low risk | Money Market
|
2131.53 | 7.29 | 9Y 1M | 1.24 L | Invest |
|
SBI Savings Fund (G)
Moderate High risk | Money Market
|
28.86 | 7.24 | 9Y 4M | 1.23 L | Invest |
|
IDFC Money Manager Treasury Regular (G)
Average risk | Money Market
|
28.7 | 6.84 | 9Y 8M | 1.23 L | Invest |
|
Sundaram Money Market Fund - Regular Plan (G)
Moderate Low risk | Money Market
|
10.4 | -- | - | -- | Invest |
