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
|
282.58 | 0.24 | 23Y 9M | 1.01 L | Invest |
Kotak Money Market Scheme (G)
Low risk | Money Market
|
3439.21 | 7.34 | 8Y 12M | -- | Invest |
Nippon India Money Market Fund (G)
Moderate risk | Money Market
|
3168.96 | 7.25 | 9Y 12M | 1.23 L | Invest |
ICICI Prudential Money Market Fund (G)
Moderate risk | Money Market
|
290.72 | 7.19 | 10Y 1M | 1.23 L | Invest |
DSP Savings Fund (G)
Low risk | Money Market
|
40.95 | 6.86 | 10Y 11M | 1.22 L | Invest |
Invesco India Money Market Fund (G)
Low risk | Money Market
|
2372.29 | 6.67 | 10Y 6M | 1.21 L | Invest |
Sundaram Money Market Fund - Regular Plan (G)
Moderate Low risk | Money Market
|
11.63 | -- | - | -- | Invest |
SBI Savings Fund (G)
Moderate High risk | Money Market
|
32.32 | 6.73 | 10Y 4M | 1.22 L | Invest |
L&T Money Market Fund (G)
Moderate risk | Money Market
|
20.65 | 6.88 | 9Y 8M | 1.22 L | Invest |
IDFC Money Manager Treasury Regular (G)
Average risk | Money Market
|
31.68 | 6.84 | 9Y 8M | 1.36 L | Invest |