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Money Market Fund

Debt category · 27 direct-growth schemes tracked

Invests in money-market instruments with maturities up to one year — used for short-term parking of funds rather than long-term investing.

Taxation: typically taxed at the investor's income-tax slab rate regardless of holding period, following the debt-fund taxation rules in effect since 2023. This is general information, not tax advice — confirm current rules for your situation with a qualified professional.

1 Day
+0.03%
1 Week
+0.23%
1 Month
+1.03%
1 Year
+6.45%
Median NAV change across direct-plan, growth-option schemes in this category. Updated daily from AMFI.

Top & bottom performing schemes

Top 3

Aditya Birla Sun Life Money Manager Fund - Growth+0.04%
Axis Money Market Fund+0.04%
Bajaj Finserv Money Market Fund-Direct Plan-Growth+0.04%

Bottom 3

Union Money Market Fund+0.03%
Tata Money Market Fund- Direct Plan- Growth Option+0.03%
Shriram Money Market Fund+0.03%

Explore this category further

See the full live category table on the dashboard, or estimate returns with the MF returns calculator using this category's actual historical median.