+91-22-48913909Best Money Market Mutual Funds 2025
In common terms, Best Liquid Funds (Money market funds) are Debt Mutual Funds or rather money Market Mutual Funds with the only difference being in the investment duration. Money market funds invest in very short money market instruments like the Certificate of Deposit, treasury bills, commercial papers etc.
The investment duration of these funds is very short, generally ranging from a couple of days to a few weeks (it can even be one day!). The average residual maturity of Liquid Funds is less than 91 days as they invest in securities which individually have a maturity upto 91 days.
Being a short-term Debt fund, these funds are highly suitable for investors looking for low-risk investments for short duration. The low maturity period of best liquid funds helps fund managers to fulfil the Redemption demand of investors easily. In the market, there are various money market fund investments available.
Why to Invest in Money Market Funds?
Securities in the money market are relatively low risk
Money market funds are considered to be the safe and secure of all Mutual Fund investments
Considering money market funds, it’s easy to invest in a money market account. Investing through Mutual Funds investors can open an account, make deposits and withdrawals virtually at their convenience
Money market funds are considered to be one of the least volatile types of all mutual fund investments
The performance of money market funds is closely tied to the interest rates set by the Reserve Bank of India, the Central Bank of India. So, when RBI raises rates in the market, yields increase, and money market funds are able to give good returns.
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How do Money Market Funds work?
A money market fund invests in money market instruments with an objective of Offering good returns (interest Income) and keeping the NAV fluctuations minimal.
Types of Money Market Instruments
Money Market is an exchange where the trade of cash and cash-equivalent instruments takes place. The instruments that are traded in the money markets have maturities which can vary from overnight to one year. Here are some key money market instruments in India:
1. Treasury Bills or T-Bills
The Government of India issues treasury bills to raise funds for a period of up to 365 days. Since these are issued by the government, they are considered to be very safe. However, lower risks also translate into lower returns which is the case with treasury bills too. The returns on T-bills is lower than other money market instruments.
2. Certificate of Deposit or CD
A CD is a term deposit which is offered by scheduled commercial banks which does not have the option of premature redemption. The primary difference between a CD and FD is that CDs are freely negotiable.
3. Repurchase Agreements or Repos
A repurchase agreement is made between a bank and RBI to facilitate short-term loans. It can also be made between two banks.
4. Commercial Paper or CP
Companies and financial institutions with a high credit rating can issue a Commercial Paper which is a short-term, unsecured promissory note. It allows such entities to diversify their short-term borrowing sources. CPs are usually issued at a discounted rate while the redemption is done on Face Value. The investor earns the difference.
Top 8 Money Market Mutual Funds 2025
To provide highest possible current income consistent with preservation of capital and providing liquidity from investing in a diversified portfolio of short term money market securities. Below is the key information for UTI Money Market Fund Returns up to 1 year are on (Erstwhile Franklin India Savings Plus Fund Retail Option) Aims to provide income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns, and also fixed rate instruments and money market instruments. Research Highlights for Franklin India Savings Fund Below is the key information for Franklin India Savings Fund Returns up to 1 year are on The objective of the Plan will be to seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market and debt securities. Research Highlights for ICICI Prudential Money Market Fund Below is the key information for ICICI Prudential Money Market Fund Returns up to 1 year are on (Erstwhile Reliance Liquidity Fund) The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments. Research Highlights for Nippon India Money Market Fund Below is the key information for Nippon India Money Market Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life Floating Rate Fund - Short Term) The primary objective of the schemes is to generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments. The schemes may invest a portion of its net assets in fixed rate debt securities and money market instruments. Research Highlights for Aditya Birla Sun Life Money Manager Fund Below is the key information for Aditya Birla Sun Life Money Manager Fund Returns up to 1 year are on (Erstwhile Tata Liquid Fund) To create a highly liquid portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and high liquidity to the unitholders. Research Highlights for Tata Money Market Fund Below is the key information for Tata Money Market Fund Returns up to 1 year are on (Erstwhile Kotak Floater Short Term Fund) To reduce the interest rate risk associated with investments in fixed rate instruments by investing predominantly in floating rate securities, money market instruments and using appropriate derivatives. Research Highlights for Kotak Money Market Scheme Below is the key information for Kotak Money Market Scheme Returns up to 1 year are on (Erstwhile HDFC Cash Management Fund - Savings Plan) To generate optimal returns while maintaining safety and
high liquidity. Research Highlights for HDFC Money Market Fund Below is the key information for HDFC Money Market Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 1 MO (%) 3 MO (%) 6 MO (%) 1 YR (%) 2024 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity UTI Money Market Fund Growth ₹3,112.74
↑ 0.36 ₹18,354 0.5 1.9 4.2 8.1 7.7 6.3% 7M 13D 7M 13D Franklin India Savings Fund Growth ₹50.6384
↑ 0.01 ₹3,441 0.5 1.9 4.2 8 7.7 6.46% 8M 8D 8M 26D ICICI Prudential Money Market Fund Growth ₹383.067
↑ 0.05 ₹29,264 0.5 1.9 4.2 8 7.7 6.33% 7M 19D 8M 4D Nippon India Money Market Fund Growth ₹4,189.99
↑ 0.50 ₹20,191 0.5 1.9 4.2 8 7.8 6.35% 7M 2D 7M 15D Aditya Birla Sun Life Money Manager Fund Growth ₹373.468
↑ 0.05 ₹29,909 0.5 1.9 4.2 8 7.8 6.67% 6M 25D 6M 25D Tata Money Market Fund Growth ₹4,766.07
↑ 0.64 ₹32,551 0.5 1.9 4.2 8 7.7 6.33% 7M 24D 7M 25D Kotak Money Market Scheme Growth ₹4,532.46
↑ 0.55 ₹31,039 0.5 1.9 4.2 8 7.7 6.29% 7M 6D 7M 6D HDFC Money Market Fund Growth ₹5,769.35
↑ 0.72 ₹31,769 0.5 1.9 4.2 7.9 7.7 6.34% 6M 29D 7M 13D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 Aug 25 Research Highlights & Commentary of 8 Funds showcased
Commentary UTI Money Market Fund Franklin India Savings Fund ICICI Prudential Money Market Fund Nippon India Money Market Fund Aditya Birla Sun Life Money Manager Fund Tata Money Market Fund Kotak Money Market Scheme HDFC Money Market Fund Point 1 Bottom quartile AUM (₹18,354 Cr). Bottom quartile AUM (₹3,441 Cr). Lower mid AUM (₹29,264 Cr). Lower mid AUM (₹20,191 Cr). Upper mid AUM (₹29,909 Cr). Highest AUM (₹32,551 Cr). Upper mid AUM (₹31,039 Cr). Top quartile AUM (₹31,769 Cr). Point 2 Established history (16+ yrs). Established history (23+ yrs). Established history (19+ yrs). Established history (20+ yrs). Established history (19+ yrs). Established history (22+ yrs). Established history (22+ yrs). Oldest track record among peers (25 yrs). Point 3 Rating: 4★ (top quartile). Rating: 3★ (lower mid). Rating: 4★ (upper mid). Rating: 3★ (lower mid). Top rated. Rating: 3★ (bottom quartile). Rating: 4★ (upper mid). Rating: 3★ (bottom quartile). Point 4 Risk profile: Low. Risk profile: Moderately Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Risk profile: Low. Point 5 1Y return: 8.05% (top quartile). 1Y return: 8.03% (top quartile). 1Y return: 8.02% (upper mid). 1Y return: 8.01% (upper mid). 1Y return: 7.98% (lower mid). 1Y return: 7.98% (lower mid). 1Y return: 7.96% (bottom quartile). 1Y return: 7.95% (bottom quartile). Point 6 1M return: 0.47% (top quartile). 1M return: 0.47% (upper mid). 1M return: 0.46% (lower mid). 1M return: 0.47% (upper mid). 1M return: 0.48% (top quartile). 1M return: 0.46% (lower mid). 1M return: 0.46% (bottom quartile). 1M return: 0.46% (bottom quartile). Point 7 Sharpe: 3.32 (top quartile). Sharpe: 3.09 (lower mid). Sharpe: 3.15 (lower mid). Sharpe: 3.17 (upper mid). Sharpe: 3.32 (top quartile). Sharpe: 3.09 (bottom quartile). Sharpe: 3.16 (upper mid). Sharpe: 3.08 (bottom quartile). Point 8 Information ratio: 0.00 (top quartile). Information ratio: 0.00 (top quartile). Information ratio: 0.00 (upper mid). Information ratio: 0.00 (upper mid). Information ratio: 0.00 (lower mid). Information ratio: 0.00 (lower mid). Information ratio: 0.00 (bottom quartile). Information ratio: 0.00 (bottom quartile). Point 9 Yield to maturity (debt): 6.30% (bottom quartile). Yield to maturity (debt): 6.46% (top quartile). Yield to maturity (debt): 6.33% (lower mid). Yield to maturity (debt): 6.35% (upper mid). Yield to maturity (debt): 6.67% (top quartile). Yield to maturity (debt): 6.33% (lower mid). Yield to maturity (debt): 6.29% (bottom quartile). Yield to maturity (debt): 6.34% (upper mid). Point 10 Modified duration: 0.62 yrs (lower mid). Modified duration: 0.69 yrs (bottom quartile). Modified duration: 0.64 yrs (lower mid). Modified duration: 0.59 yrs (upper mid). Modified duration: 0.57 yrs (top quartile). Modified duration: 0.65 yrs (bottom quartile). Modified duration: 0.60 yrs (upper mid). Modified duration: 0.58 yrs (top quartile). UTI Money Market Fund
Franklin India Savings Fund
ICICI Prudential Money Market Fund
Nippon India Money Market Fund
Aditya Birla Sun Life Money Manager Fund
Tata Money Market Fund
Kotak Money Market Scheme
HDFC Money Market Fund
1. UTI Money Market Fund
UTI Money Market Fund
Growth Launch Date 13 Jul 09 NAV (08 Aug 25) ₹3,112.74 ↑ 0.36 (0.01 %) Net Assets (Cr) ₹18,354 on 30 Jun 25 Category Debt - Money Market AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0.27 Sharpe Ratio 3.32 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.3% Effective Maturity 7 Months 13 Days Modified Duration 7 Months 13 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹10,397 31 Jul 22 ₹10,798 31 Jul 23 ₹11,563 31 Jul 24 ₹12,437 31 Jul 25 ₹13,442 Returns for UTI Money Market Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Aug 25 Duration Returns 1 Month 0.5% 3 Month 1.9% 6 Month 4.2% 1 Year 8.1% 3 Year 7.6% 5 Year 6.1% 10 Year 15 Year Since launch 7.3% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.7% 2023 7.4% 2022 4.9% 2021 3.7% 2020 6% 2019 8% 2018 7.8% 2017 6.7% 2016 7.7% 2015 8.4% Fund Manager information for UTI Money Market Fund
Name Since Tenure Anurag Mittal 1 Dec 21 3.67 Yr. Amit Sharma 7 Jul 17 8.07 Yr. Data below for UTI Money Market Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 79.43% Debt 20.35% Other 0.21% Debt Sector Allocation
Sector Value Corporate 50.43% Cash Equivalent 27.13% Government 22.23% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 364 Days Tbill (Md 05/03/2026)
Sovereign Bonds | -2% ₹483 Cr 5,000,000,000 364 DTB 19mar2026
Sovereign Bonds | -2% ₹482 Cr 5,000,000,000 India (Republic of)
- | -2% ₹464 Cr 4,750,000,000 HDFC Bank Ltd.
Debentures | -2% ₹401 Cr 4,250,000,000
↓ -750,000,000 Axis Bank Ltd.
Debentures | -1% ₹285 Cr 3,000,000,000
↑ 3,000,000,000 364 Days Tbill Red 12-03-2026
Sovereign Bonds | -1% ₹241 Cr 2,500,000,000 Gs CG 12/12/2025 - (Strips) Tb
Sovereign Bonds | -1% ₹221 Cr 2,255,700,000
↑ 2,255,700,000 364 DTB 12022026
Sovereign Bonds | -1% ₹194 Cr 2,000,000,000 364 DTB 27022026
Sovereign Bonds | -1% ₹193 Cr 2,000,000,000 HDFC Bank Ltd.
Debentures | -1% ₹192 Cr 2,000,000,000
↑ 2,000,000,000 2. Franklin India Savings Fund
Franklin India Savings Fund
Growth Launch Date 11 Feb 02 NAV (08 Aug 25) ₹50.6384 ↑ 0.01 (0.01 %) Net Assets (Cr) ₹3,441 on 30 Jun 25 Category Debt - Money Market AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.27 Sharpe Ratio 3.09 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.46% Effective Maturity 8 Months 26 Days Modified Duration 8 Months 8 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹10,366 31 Jul 22 ₹10,725 31 Jul 23 ₹11,456 31 Jul 24 ₹12,308 31 Jul 25 ₹13,300 Returns for Franklin India Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Aug 25 Duration Returns 1 Month 0.5% 3 Month 1.9% 6 Month 4.2% 1 Year 8% 3 Year 7.4% 5 Year 5.9% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.7% 2023 7.3% 2022 4.4% 2021 3.6% 2020 6% 2019 8.5% 2018 7.5% 2017 7.2% 2016 8.1% 2015 8.3% Fund Manager information for Franklin India Savings Fund
Name Since Tenure Rahul Goswami 6 Oct 23 1.82 Yr. Rohan Maru 10 Oct 24 0.81 Yr. Chandni Gupta 30 Apr 24 1.25 Yr. Data below for Franklin India Savings Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 86.64% Debt 13.13% Other 0.23% Debt Sector Allocation
Sector Value Cash Equivalent 43.01% Corporate 32.44% Government 24.33% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 364 Days Tbill (Md 05/03/2026)
Sovereign Bonds | -5% ₹217 Cr 22,500,000 182 Days Tbill
Sovereign Bonds | -3% ₹110 Cr 11,000,000
↑ 11,000,000 Kotak Mahindra Bank Ltd.
Debentures | -2% ₹72 Cr 1,500 364 Days Tbill Red 12-03-2026
Sovereign Bonds | -1% ₹48 Cr 5,000,000 HDFC Bank Ltd.
Debentures | -1% ₹48 Cr 1,000 Indian Bank
Domestic Bonds | -1% ₹48 Cr 1,000 Punjab National Bank
Domestic Bonds | -1% ₹48 Cr 1,000 08.39 RJ UDAY 2026
Domestic Bonds | -1% ₹30 Cr 2,860,000 Bank of Baroda
Debentures | -1% ₹24 Cr 500 Corporate Debt Market Development Fund Class A2
Investment Fund | -0% ₹9 Cr 8,236
↑ 2,464 3. ICICI Prudential Money Market Fund
ICICI Prudential Money Market Fund
Growth Launch Date 9 Mar 06 NAV (08 Aug 25) ₹383.067 ↑ 0.05 (0.01 %) Net Assets (Cr) ₹29,264 on 30 Jun 25 Category Debt - Money Market AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Low Expense Ratio 0.32 Sharpe Ratio 3.15 Information Ratio 0 Alpha Ratio 0 Min Investment 500 Min SIP Investment 100 Exit Load NIL Yield to Maturity 6.33% Effective Maturity 8 Months 4 Days Modified Duration 7 Months 19 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹10,391 31 Jul 22 ₹10,773 31 Jul 23 ₹11,532 31 Jul 24 ₹12,399 31 Jul 25 ₹13,397 Returns for ICICI Prudential Money Market Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Aug 25 Duration Returns 1 Month 0.5% 3 Month 1.9% 6 Month 4.2% 1 Year 8% 3 Year 7.5% 5 Year 6% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.7% 2023 7.4% 2022 4.7% 2021 3.7% 2020 6.2% 2019 7.9% 2018 7.7% 2017 6.7% 2016 7.7% 2015 8.3% Fund Manager information for ICICI Prudential Money Market Fund
Name Since Tenure Manish Banthia 12 Jun 23 2.14 Yr. Nikhil Kabra 3 Aug 16 9 Yr. Data below for ICICI Prudential Money Market Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 81.02% Debt 18.76% Other 0.23% Debt Sector Allocation
Sector Value Corporate 42.4% Cash Equivalent 35.44% Government 21.93% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 364 Days Tbill Red 12-03-2026
Sovereign Bonds | -5% ₹1,931 Cr 200,000,000 Bank of India Ltd.
Debentures | -1% ₹480 Cr 10,000 UCO Bank
Domestic Bonds | -1% ₹474 Cr 10,000 364 Days Tbill (Md 05/03/2026)
Sovereign Bonds | -1% ₹459 Cr 47,500,000 National Bank for Agriculture and Rural Development
Domestic Bonds | -1% ₹384 Cr 8,000 Indian Bank
Domestic Bonds | -1% ₹240 Cr 5,000 IDFC First Bank Ltd.
Debentures | -1% ₹237 Cr 5,000 HDFC Bank Ltd.
Debentures | -1% ₹236 Cr 5,000 364 DTB 19mar2026
Sovereign Bonds | -1% ₹217 Cr 22,500,000
↓ -27,500,000 Punjab National Bank
Domestic Bonds | -1% ₹200 Cr 4,000
↑ 4,000 4. Nippon India Money Market Fund
Nippon India Money Market Fund
Growth Launch Date 16 Jun 05 NAV (08 Aug 25) ₹4,189.99 ↑ 0.50 (0.01 %) Net Assets (Cr) ₹20,191 on 30 Jun 25 Category Debt - Money Market AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk Low Expense Ratio 0.37 Sharpe Ratio 3.17 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load NIL Yield to Maturity 6.35% Effective Maturity 7 Months 15 Days Modified Duration 7 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹10,400 31 Jul 22 ₹10,808 31 Jul 23 ₹11,570 31 Jul 24 ₹12,446 31 Jul 25 ₹13,447 Returns for Nippon India Money Market Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Aug 25 Duration Returns 1 Month 0.5% 3 Month 1.9% 6 Month 4.2% 1 Year 8% 3 Year 7.5% 5 Year 6.1% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.8% 2023 7.4% 2022 5% 2021 3.8% 2020 6% 2019 8.1% 2018 7.9% 2017 6.6% 2016 7.6% 2015 8.3% Fund Manager information for Nippon India Money Market Fund
Name Since Tenure Kinjal Desai 16 Jul 18 7.05 Yr. Vikash Agarwal 14 Sep 24 0.88 Yr. Data below for Nippon India Money Market Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 81.18% Debt 18.57% Other 0.24% Debt Sector Allocation
Sector Value Corporate 43.52% Cash Equivalent 36.23% Government 20.01% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Punjab National Bank
Domestic Bonds | -2% ₹494 Cr 10,000
↑ 10,000 Indian Bank
Domestic Bonds | -2% ₹494 Cr 10,000
↑ 10,000 Axis Bank Ltd.
Debentures | -2% ₹475 Cr 10,000
↑ 10,000 364 DTB 27022026
Sovereign Bonds | -1% ₹242 Cr 25,000,000 364 Days Tbill (Md 05/03/2026)
Sovereign Bonds | -1% ₹242 Cr 25,000,000 Uttarakhand (Government of) 7.36%
- | -1% ₹230 Cr 22,783,400 Indian Bank
Domestic Bonds | -1% ₹216 Cr 4,500 Axis Bank Ltd.
Debentures | -1% ₹189 Cr 4,000 364 Days Tbill Red 12-03-2026
Sovereign Bonds | -1% ₹169 Cr 17,500,000 0% Goi - 16dec25 Strips
Sovereign Bonds | -1% ₹158 Cr 16,169,400
↑ 16,169,400 5. Aditya Birla Sun Life Money Manager Fund
Aditya Birla Sun Life Money Manager Fund
Growth Launch Date 13 Oct 05 NAV (08 Aug 25) ₹373.468 ↑ 0.05 (0.01 %) Net Assets (Cr) ₹29,909 on 15 Jul 25 Category Debt - Money Market AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Low Expense Ratio 0.34 Sharpe Ratio 3.32 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.67% Effective Maturity 6 Months 25 Days Modified Duration 6 Months 25 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹10,411 31 Jul 22 ₹10,808 31 Jul 23 ₹11,574 31 Jul 24 ₹12,452 31 Jul 25 ₹13,449 Returns for Aditya Birla Sun Life Money Manager Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Aug 25 Duration Returns 1 Month 0.5% 3 Month 1.9% 6 Month 4.2% 1 Year 8% 3 Year 7.5% 5 Year 6.1% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.8% 2023 7.4% 2022 4.8% 2021 3.8% 2020 6.6% 2019 8% 2018 7.9% 2017 6.8% 2016 7.7% 2015 8.4% Fund Manager information for Aditya Birla Sun Life Money Manager Fund
Name Since Tenure Kaustubh Gupta 15 Jul 11 14.06 Yr. Anuj Jain 22 Mar 21 4.36 Yr. Mohit Sharma 1 Apr 17 8.34 Yr. Data below for Aditya Birla Sun Life Money Manager Fund as on 15 Jul 25
Asset Allocation
Asset Class Value Cash 85.67% Debt 14.09% Other 0.24% Debt Sector Allocation
Sector Value Cash Equivalent 43.61% Corporate 39.43% Government 16.72% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 5.15% Govt Stock 2025
Sovereign Bonds | -3% ₹749 Cr 75,000,000
↑ 75,000,000 182 DTB 29082025
Sovereign Bonds | -2% ₹502 Cr 50,500,000
↓ -64,500,000 National Bank for Agriculture and Rural Development
Domestic Bonds | -1% ₹336 Cr 7,000
↑ 7,000 182 Days Tbill
Sovereign Bonds | -1% ₹298 Cr 30,000,000 India (Republic of)
- | -1% ₹244 Cr 25,000,000
↑ 25,000,000 7.59% Govt Stock 2026
Sovereign Bonds | -1% ₹242 Cr 24,000,000
↑ 1,000,000 5.63% Govt Stock 2026
Sovereign Bonds | -1% ₹240 Cr 24,000,000
↑ 24,000,000 Axis Bank Ltd.
Debentures | -1% ₹237 Cr 5,000
↑ 5,000 REC Ltd.
Debentures | -1% ₹189 Cr 4,000
↑ 4,000 Gs CG 12/12/2025 - (Strips) Tb
Sovereign Bonds | -1% ₹186 Cr 19,009,500
↑ 19,009,500 6. Tata Money Market Fund
Tata Money Market Fund
Growth Launch Date 22 May 03 NAV (08 Aug 25) ₹4,766.07 ↑ 0.64 (0.01 %) Net Assets (Cr) ₹32,551 on 30 Jun 25 Category Debt - Money Market AMC Tata Asset Management Limited Rating ☆☆☆ Risk Low Expense Ratio 0 Sharpe Ratio 3.09 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.33% Effective Maturity 7 Months 25 Days Modified Duration 7 Months 24 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹10,420 31 Jul 22 ₹10,811 31 Jul 23 ₹11,570 31 Jul 24 ₹12,447 31 Jul 25 ₹13,443 Returns for Tata Money Market Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Aug 25 Duration Returns 1 Month 0.5% 3 Month 1.9% 6 Month 4.2% 1 Year 8% 3 Year 7.5% 5 Year 6.1% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.7% 2023 7.4% 2022 4.8% 2021 3.9% 2020 6.4% 2019 8.1% 2018 -0.1% 2017 6.7% 2016 7.6% 2015 8.3% Fund Manager information for Tata Money Market Fund
Name Since Tenure Amit Somani 16 Oct 13 11.8 Yr. Data below for Tata Money Market Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 69.63% Debt 30.15% Other 0.22% Debt Sector Allocation
Sector Value Corporate 42.52% Cash Equivalent 31.94% Government 25.32% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 5.63% Govt Stock 2026
Sovereign Bonds | -4% ₹1,446 Cr 144,500,000
↑ 34,500,000 Bank of Baroda
Debentures | -2% ₹977 Cr 20,000
↑ 20,000 India (Republic of)
- | -2% ₹976 Cr 100,000,000 364 DTB 19mar2026
Sovereign Bonds | -2% ₹892 Cr 92,500,000 India (Republic of)
- | -2% ₹877 Cr 90,000,000
↑ 90,000,000 Union Bank of India
Domestic Bonds | -2% ₹850 Cr 18,000 HDFC Bank Ltd.
Debentures | -1% ₹519 Cr 11,000
↓ -3,000 National Bank for Agriculture and Rural Development
Domestic Bonds | -1% ₹485 Cr 10,000 Export-Import Bank of India
Domestic Bonds | -1% ₹474 Cr 10,000 364 DTB 27022026
Sovereign Bonds | -1% ₹459 Cr 47,500,000 7. Kotak Money Market Scheme
Kotak Money Market Scheme
Growth Launch Date 14 Jul 03 NAV (08 Aug 25) ₹4,532.46 ↑ 0.55 (0.01 %) Net Assets (Cr) ₹31,039 on 30 Jun 25 Category Debt - Money Market AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0.35 Sharpe Ratio 3.16 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.29% Effective Maturity 7 Months 6 Days Modified Duration 7 Months 6 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹10,385 31 Jul 22 ₹10,786 31 Jul 23 ₹11,535 31 Jul 24 ₹12,403 31 Jul 25 ₹13,394 Returns for Kotak Money Market Scheme
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Aug 25 Duration Returns 1 Month 0.5% 3 Month 1.9% 6 Month 4.2% 1 Year 8% 3 Year 7.5% 5 Year 6% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.7% 2023 7.3% 2022 4.9% 2021 3.7% 2020 5.7% 2019 8% 2018 7.7% 2017 6.7% 2016 7.7% 2015 8.4% Fund Manager information for Kotak Money Market Scheme
Name Since Tenure Deepak Agrawal 1 Nov 06 18.76 Yr. Manu Sharma 1 Nov 22 2.75 Yr. Data below for Kotak Money Market Scheme as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 77.8% Debt 21.95% Other 0.25% Debt Sector Allocation
Sector Value Corporate 49.69% Cash Equivalent 26.58% Government 23.48% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity India (Republic of)
- | -2% ₹645 Cr 67,500,000 364 Days Tbill Red 05-02-2026
Sovereign Bonds | -2% ₹631 Cr 65,000,000 5.15% Govt Stock 2025
Sovereign Bonds | -1% ₹499 Cr 50,000,000
↑ 50,000,000 364 DTB 29012026
Sovereign Bonds | -1% ₹486 Cr 50,000,000 National Bank for Agriculture and Rural Development
Domestic Bonds | -1% ₹480 Cr 50,000 Federal Bank Ltd.
Debentures | -1% ₹474 Cr 50,000 364 DTB 04122025
Sovereign Bonds | -1% ₹392 Cr 40,000,000 Axis Bank Ltd.
Debentures | -1% ₹380 Cr 40,000
↑ 40,000 UCO Bank
Domestic Bonds | -1% ₹332 Cr 35,000 364 DTB 12022026
Sovereign Bonds | -1% ₹291 Cr 30,000,000 8. HDFC Money Market Fund
HDFC Money Market Fund
Growth Launch Date 18 Nov 99 NAV (08 Aug 25) ₹5,769.35 ↑ 0.72 (0.01 %) Net Assets (Cr) ₹31,769 on 30 Jun 25 Category Debt - Money Market AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Low Expense Ratio 0.41 Sharpe Ratio 3.08 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load NIL Yield to Maturity 6.34% Effective Maturity 7 Months 13 Days Modified Duration 6 Months 29 Days Growth of 10,000 investment over the years.
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹10,397 31 Jul 22 ₹10,785 31 Jul 23 ₹11,535 31 Jul 24 ₹12,395 31 Jul 25 ₹13,384 Returns for HDFC Money Market Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Aug 25 Duration Returns 1 Month 0.5% 3 Month 1.9% 6 Month 4.2% 1 Year 7.9% 3 Year 7.4% 5 Year 6% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 7.7% 2023 7.3% 2022 4.7% 2021 3.8% 2020 6.5% 2019 8.1% 2018 7.4% 2017 6.5% 2016 7.5% 2015 8.3% Fund Manager information for HDFC Money Market Fund
Name Since Tenure Praveen Jain 30 Aug 24 0.92 Yr. Dhruv Muchhal 22 Jun 23 2.11 Yr. Data below for HDFC Money Market Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 76.77% Debt 22.99% Other 0.24% Debt Sector Allocation
Sector Value Corporate 47.5% Cash Equivalent 28.99% Government 23.27% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Union Bank of India
Domestic Bonds | -3% ₹1,181 Cr 25,000 Axis Bank Ltd.
Debentures | -3% ₹949 Cr 20,000
↑ 20,000 Punjab National Bank
Domestic Bonds | -2% ₹577 Cr 12,000 07.35 GJ Sdl 2026
Sovereign Bonds | -1% ₹485 Cr 48,000,000 364 Days Tbill (Md 05/03/2026)
Sovereign Bonds | -1% ₹483 Cr 50,000,000 IDFC First Bank Ltd.
Debentures | -1% ₹472 Cr 10,000
↑ 10,000 364 Days Tbill Red 12-03-2026
Sovereign Bonds | -1% ₹338 Cr 35,000,000 364 DTB 12022026
Sovereign Bonds | -1% ₹291 Cr 30,000,000 364 Days Tbill Mat 200226
Sovereign Bonds | -1% ₹290 Cr 30,000,000 Punjab National Bank
Domestic Bonds | -1% ₹264 Cr 5,500
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Research Highlights for UTI Money Market Fund