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Top 8 Best Performing Money Market Mutual Funds 2020 | Fincash.com

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Best Money Market Mutual Funds 2020

Updated on May 28, 2020 , 15656 views

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.

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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.

Top 8 Money Market Mutual Funds 2020

FundNAVNet Assets (Cr)1 MO (%)3 MO (%)6 MO (%)1 YR (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
L&T Money Market Fund Growth ₹20.1974
↓ -0.01
₹87812.23.58.78.25.61%6M 29D7M 6D
HDFC Money Market Fund Growth ₹4,253.7
↓ -4.19
₹6,5751.32.53.98.28.16.09%8M 26D9M 15D
Aditya Birla Sun Life Money Manager Fund Growth ₹274.046
↓ -0.19
₹8,2221.32.448.180%
Franklin India Savings Fund Growth ₹37.6046
↓ -0.02
₹1,8951.12.33.78.18.50%6M 21D
ICICI Prudential Money Market Fund Growth ₹282.404
↓ -0.14
₹6,0941.22.43.77.87.90%
Nippon India Money Market Fund Growth ₹3,080.64
↓ -1.04
₹4,13612.13.67.78.15.72%5M 6D5M 16D
UTI Money Market Fund Growth ₹2,287.36
↓ -0.92
₹4,3701.12.13.57.680%6M 8D
Kotak Money Market Scheme Growth ₹3,346.55
↓ -0.63
₹7,6560.81.93.37.480%4M 13D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 May 20

1. L&T Money Market Fund

(Erstwhile L&T Floating Rate Fund)

To generate regular income through investment in a portfolio comprising substantially of floating rate debt/money market instruments, fixed rate debt/money market instruments swapped for floating rate returns, and fixed rate debt securities, Government securities and money market instruments.

L&T Money Market Fund is a Debt - Money Market fund was launched on 10 Aug 05. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.8% since its launch.  Ranked 12 in Money Market category.  Return for 2019 was 8.2% , 2018 was 7.3% and 2017 was 7.5% .

Below is the key information for L&T Money Market Fund

L&T Money Market Fund
Growth
Launch Date 10 Aug 05
NAV (29 May 20) ₹20.1974 ↓ -0.01   (-0.07 %)
Net Assets (Cr) ₹878 on 30 Apr 20
Category Debt - Money Market
AMC L&T Investment Management Ltd
Rating
Risk Moderate
Expense Ratio 0.77
Sharpe Ratio 2.24
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 5.61%
Effective Maturity 7 Months 6 Days
Modified Duration 6 Months 29 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,862
30 Apr 17₹11,807
30 Apr 18₹12,670
30 Apr 19₹13,637
30 Apr 20₹14,705

L&T Money Market Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for L&T Money Market Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 1%
3 Month 2.2%
6 Month 3.5%
1 Year 8.7%
3 Year 7.7%
5 Year 8.1%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8.2%
2018 7.3%
2017 7.5%
2016 9.1%
2015 8.4%
2014 8.6%
2013 8.7%
2012 10.6%
2011 9.3%
2010 5.2%
Fund Manager information for L&T Money Market Fund
NameSinceTenure
Shriram Ramanathan20 Mar 200.03 Yr.
Jalpan Shah3 Apr 173 Yr.

Data below for L&T Money Market Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash88.18%
Debt11.8%
Other0.03%
Debt Sector Allocation
SectorValue
Corporate62.15%
Cash Equivalent37.82%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Limited
Certificate of Deposit | -
8%₹73 Cr7,500
Reliance Industries Limited
Commercial Paper | -
8%₹71 Cr1,500
↑ 1,500
Reliance Jio Infocomm Limited
Commercial Paper | -
6%₹49 Cr1,000
↑ 1,000
Export-Import Bank Of India
Certificate of Deposit | -
6%₹49 Cr5,000
Small Industries Development Bank Of India
Certificate of Deposit | -
6%₹48 Cr5,000
Bank Of Baroda
Certificate of Deposit | -
5%₹48 Cr5,000
Kotak Mahindra Bank Limited
Certificate of Deposit | -
5%₹44 Cr4,500
↑ 2,000
JSW Steel Limited
Commercial Paper | -
5%₹40 Cr800
LIC Housing Finance Limited
Commercial Paper | -
3%₹25 Cr500
The Tata Power Company Limited
Commercial Paper | -
3%₹25 Cr500
↑ 500

2. HDFC Money Market Fund

(Erstwhile HDFC Cash Management Fund - Savings Plan)

To generate optimal returns while maintaining safety and high liquidity.

HDFC Money Market Fund is a Debt - Money Market fund was launched on 18 Nov 99. It is a fund with Low risk and has given a CAGR/Annualized return of 7.3% since its launch.  Ranked 41 in Money Market category.  Return for 2019 was 8.1% , 2018 was 7.4% and 2017 was 6.5% .

Below is the key information for HDFC Money Market Fund

HDFC Money Market Fund
Growth
Launch Date 18 Nov 99
NAV (29 May 20) ₹4,253.7 ↓ -4.19   (-0.10 %)
Net Assets (Cr) ₹6,575 on 30 Apr 20
Category Debt - Money Market
AMC HDFC Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.34
Sharpe Ratio 8.33
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment
Exit Load NIL
Yield to Maturity 6.09%
Effective Maturity 9 Months 15 Days
Modified Duration 8 Months 26 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,804
30 Apr 17₹11,553
30 Apr 18₹12,307
30 Apr 19₹13,267
30 Apr 20₹14,303

HDFC Money Market Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for HDFC Money Market Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 1.3%
3 Month 2.5%
6 Month 3.9%
1 Year 8.2%
3 Year 7.6%
5 Year 7.5%
10 Year
15 Year
Since launch 7.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8.1%
2018 7.4%
2017 6.5%
2016 7.5%
2015 8.3%
2014 9.1%
2013 9.2%
2012 9.7%
2011 8.9%
2010 5.4%
Fund Manager information for HDFC Money Market Fund
NameSinceTenure
Anil Bamboli25 Jul 127.69 Yr.
Chirag Setalvad31 Jul 190.67 Yr.

Data below for HDFC Money Market Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash100.68%
Debt Sector Allocation
SectorValue
Corporate70.98%
Cash Equivalent24.57%
Government5.12%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Limited
Commercial Paper | -
7%₹479 Cr10,000
Tata Capital Housing Finance Limited
Commercial Paper | -
7%₹475 Cr10,000
Export-Import Bank Of India
Certificate of Deposit | -
7%₹455 Cr47,500
Small Industries Development Bank Of India
Certificate of Deposit | -
6%₹383 Cr40,000
Reliance Jio Infocomm Limited
Commercial Paper | -
6%₹382 Cr8,000
ICICI Bank Limited
Certificate of Deposit | -
5%₹361 Cr37,500
↑ 7,500
LIC Housing Finance Limited
Commercial Paper | -
5%₹332 Cr7,000
↓ -3,000
Tata Teleservices Limited
Commercial Paper | -
4%₹280 Cr6,000
↑ 6,000
Tata Motors Limited
Commercial Paper | -
4%₹280 Cr6,000
↑ 6,000
Bank Of Baroda
Certificate of Deposit | -
4%₹240 Cr25,000
↓ -20,000

3. Aditya Birla Sun Life Money Manager Fund

(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.

Aditya Birla Sun Life Money Manager Fund is a Debt - Money Market fund was launched on 13 Oct 05. It is a fund with Low risk and has given a CAGR/Annualized return of 7.1% since its launch.  Ranked 7 in Money Market category.  Return for 2019 was 8% , 2018 was 7.9% and 2017 was 6.8% .

Below is the key information for Aditya Birla Sun Life Money Manager Fund

Aditya Birla Sun Life Money Manager Fund
Growth
Launch Date 13 Oct 05
NAV (29 May 20) ₹274.046 ↓ -0.19   (-0.07 %)
Net Assets (Cr) ₹8,222 on 30 Apr 20
Category Debt - Money Market
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Low
Expense Ratio 0.27
Sharpe Ratio 10.23
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 0%
Effective Maturity
Modified Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,821
30 Apr 17₹11,596
30 Apr 18₹12,392
30 Apr 19₹13,416
30 Apr 20₹14,450

Aditya Birla Sun Life Money Manager Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Aditya Birla Sun Life Money Manager Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 1.3%
3 Month 2.4%
6 Month 4%
1 Year 8.1%
3 Year 7.8%
5 Year 7.8%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8%
2018 7.9%
2017 6.8%
2016 7.7%
2015 8.4%
2014 9.2%
2013 9.4%
2012 9.8%
2011 9%
2010 5.7%
Fund Manager information for Aditya Birla Sun Life Money Manager Fund
NameSinceTenure
Kaustubh Gupta15 Jul 118.72 Yr.
Mohit Sharma1 Apr 173 Yr.

Data below for Aditya Birla Sun Life Money Manager Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash99.38%
Debt0.62%
Debt Sector Allocation
SectorValue
Corporate82.67%
Cash Equivalent16.66%
Government0.68%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
LIC Housing Finance Limited
Commercial Paper | -
7%₹573 Cr12,000
Reliance Industries Limited
Commercial Paper | -
5%₹383 Cr8,000
Export-Import Bank Of India
Commercial Paper | -
4%₹342 Cr7,000
↑ 7,000
Housing Development Finance Corporation Limited
Commercial Paper | -
4%₹335 Cr7,000
Reliance Jio Infocomm Limited
Commercial Paper | -
4%₹334 Cr7,000
Axis Bank Limited
Certificate of Deposit | -
4%₹290 Cr30,000
ICICI Bank Limited
Certificate of Deposit | -
3%₹266 Cr27,500
↓ -7,500
Reliance Jio Infocomm Limited
Commercial Paper | -
3%₹246 Cr5,000
Hero Fincorp Limited
Commercial Paper | -
3%₹239 Cr5,000
Reliance Industries Limited
Commercial Paper | -
3%₹238 Cr5,000

4. Franklin India Savings Fund

(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.

Franklin India Savings Fund is a Debt - Money Market fund was launched on 11 Feb 02. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.5% since its launch.  Ranked 47 in Money Market category.  Return for 2019 was 8.5% , 2018 was 7.5% and 2017 was 7.2% .

Below is the key information for Franklin India Savings Fund

Franklin India Savings Fund
Growth
Launch Date 11 Feb 02
NAV (29 May 20) ₹37.6046 ↓ -0.02   (-0.05 %)
Net Assets (Cr) ₹1,895 on 30 Apr 20
Category Debt - Money Market
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately Low
Expense Ratio 0.31
Sharpe Ratio 8.5
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 0%
Effective Maturity 6 Months 21 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,817
30 Apr 17₹11,666
30 Apr 18₹12,460
30 Apr 19₹13,481
30 Apr 20₹14,546

Franklin India Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Franklin India Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 1.1%
3 Month 2.3%
6 Month 3.7%
1 Year 8.1%
3 Year 7.8%
5 Year 7.9%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8.5%
2018 7.5%
2017 7.2%
2016 8.1%
2015 8.3%
2014 8.9%
2013 9.1%
2012 9.8%
2011 8.7%
2010 5.5%
Fund Manager information for Franklin India Savings Fund
NameSinceTenure
Umesh Sharma25 Oct 181.43 Yr.
Pallab Roy6 Jun 0811.83 Yr.

Data below for Franklin India Savings Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash93.01%
Other6.99%
Debt Sector Allocation
SectorValue
Corporate70.76%
Cash Equivalent19.63%
Government2.62%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Hero Fincorp Limited
Commercial Paper | -
9%₹174 Cr3,600
Kotak Mahindra Prime Limited
Commercial Paper | -
9%₹169 Cr3,500
L & T Infrastructure Finance Company Limited
Commercial Paper | -
8%₹145 Cr3,000
Call, Cash & Other Assets
Receivables | -
7%₹132 Cr
Axis Bank Limited
Certificate of Deposit | -
6%₹122 Cr12,500
Export-Import Bank Of India
Commercial Paper | -
5%₹98 Cr2,000
↑ 2,000
Bank Of Baroda
Certificate of Deposit | -
5%₹96 Cr10,000
Axis Bank Limited
Certificate of Deposit | -
5%₹96 Cr10,000
Fullerton India Credit Company Ltd
Commercial Paper | -
5%₹96 Cr2,000
Axis Bank Limited
Certificate of Deposit | -
5%₹96 Cr10,000

5. ICICI Prudential Money Market Fund

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.

ICICI Prudential Money Market Fund is a Debt - Money Market fund was launched on 9 Mar 06. It is a fund with Low risk and has given a CAGR/Annualized return of 7.6% since its launch.  Ranked 17 in Money Market category.  Return for 2019 was 7.9% , 2018 was 7.7% and 2017 was 6.7% .

Below is the key information for ICICI Prudential Money Market Fund

ICICI Prudential Money Market Fund
Growth
Launch Date 9 Mar 06
NAV (29 May 20) ₹282.404 ↓ -0.14   (-0.05 %)
Net Assets (Cr) ₹6,094 on 30 Apr 20
Category Debt - Money Market
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.27
Sharpe Ratio 10.15
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 0%
Effective Maturity
Modified Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,817
30 Apr 17₹11,586
30 Apr 18₹12,370
30 Apr 19₹13,361
30 Apr 20₹14,342

ICICI Prudential Money Market Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for ICICI Prudential Money Market Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 1.2%
3 Month 2.4%
6 Month 3.7%
1 Year 7.8%
3 Year 7.6%
5 Year 7.6%
10 Year
15 Year
Since launch 7.6%
Historical performance (Yearly) on absolute basis
YearReturns
2019 7.9%
2018 7.7%
2017 6.7%
2016 7.7%
2015 8.3%
2014 9.1%
2013 9.2%
2012 9.7%
2011 8.2%
2010 4.7%
Fund Manager information for ICICI Prudential Money Market Fund
NameSinceTenure
Rahul Goswami30 Oct 136.42 Yr.
Nikhil Kabra3 Aug 163.66 Yr.

Data below for ICICI Prudential Money Market Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash98.7%
Debt2.77%
Debt Sector Allocation
SectorValue
Corporate68.01%
Cash Equivalent31.53%
Government1.94%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Limited
Commercial Paper | -
11%₹689 Cr14,500
Apollo Tyres Limited
Commercial Paper | -
8%₹479 Cr10,000
↑ 10,000
Housing Development Finance Corporation Limited
Commercial Paper | -
7%₹428 Cr9,000
↓ -1,000
IndusInd Bank Limited
Certificate of Deposit | -
7%₹398 Cr42,500
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
6%₹384 Cr40,000
Larsen And Toubro Limited
Commercial Paper | -
6%₹338 Cr7,000
↓ -1,000
Small Industries Development Bank Of India
Certificate of Deposit | -
5%₹335 Cr35,000
Power Grid Corporation Of India Limited
Commercial Paper | -
4%₹241 Cr5,000
↑ 5,000
Axis Bank Limited
Certificate of Deposit | -
3%₹193 Cr20,000
Reliance Industries Limited
Commercial Paper | -
3%₹190 Cr4,000

6. Nippon India Money Market Fund

(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.

Nippon India Money Market Fund is a Debt - Money Market fund was launched on 16 Jun 05. It is a fund with Low risk and has given a CAGR/Annualized return of 7.8% since its launch.  Ranked 27 in Money Market category.  Return for 2019 was 8.1% , 2018 was 7.9% and 2017 was 6.6% .

Below is the key information for Nippon India Money Market Fund

Nippon India Money Market Fund
Growth
Launch Date 16 Jun 05
NAV (29 May 20) ₹3,080.64 ↓ -1.04   (-0.03 %)
Net Assets (Cr) ₹4,136 on 30 Apr 20
Category Debt - Money Market
AMC Nippon Life Asset Management Ltd.
Rating
Risk Low
Expense Ratio 0.25
Sharpe Ratio 10.33
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 5.72%
Effective Maturity 5 Months 16 Days
Modified Duration 5 Months 6 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,811
30 Apr 17₹11,576
30 Apr 18₹12,357
30 Apr 19₹13,380
30 Apr 20₹14,393

Nippon India Money Market Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Nippon India Money Market Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 1%
3 Month 2.1%
6 Month 3.6%
1 Year 7.7%
3 Year 7.7%
5 Year 7.6%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8.1%
2018 7.9%
2017 6.6%
2016 7.6%
2015 8.3%
2014 9.1%
2013 9.2%
2012 9.6%
2011 9%
2010 5.4%
Fund Manager information for Nippon India Money Market Fund
NameSinceTenure
Anju Chhajer1 Feb 200.24 Yr.
Kinjal Desai16 Jul 181.79 Yr.

Data below for Nippon India Money Market Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash102.15%
Debt Sector Allocation
SectorValue
Corporate66.59%
Cash Equivalent29.63%
Government5.94%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Jio Infocomm Limited
Commercial Paper | -
7%₹295 Cr6,000
↓ -1,000
Andhra Bank
Certificate of Deposit | -
6%₹246 Cr25,000
↓ -5,000
Syndicate Bank
Certificate of Deposit | -
5%₹200 Cr20,000
↑ 20,000
Larsen And Toubro Limited
Commercial Paper | -
5%₹196 Cr4,000
↑ 2,000
JSW Steel Limited
Commercial Paper | -
4%₹149 Cr3,000
JSW Steel Limited
Commercial Paper | -
4%₹149 Cr3,000
Reliance Industries Limited
Commercial Paper | -
4%₹148 Cr3,100
Grasim Industries Limited
Commercial Paper | -
4%₹148 Cr3,000
↑ 3,000
Deutsche Investments India Private Limited
Commercial Paper | -
4%₹148 Cr3,000
Small Industries Development Bank Of India
Certificate of Deposit | -
3%₹145 Cr15,000

7. UTI Money Market Fund

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.

UTI Money Market Fund is a Debt - Money Market fund was launched on 13 Jul 09. It is a fund with Low risk and has given a CAGR/Annualized return of 7.9% since its launch.  Ranked 23 in Money Market category.  Return for 2019 was 8% , 2018 was 7.8% and 2017 was 6.7% .

Below is the key information for UTI Money Market Fund

UTI Money Market Fund
Growth
Launch Date 13 Jul 09
NAV (29 May 20) ₹2,287.36 ↓ -0.92   (-0.04 %)
Net Assets (Cr) ₹4,370 on 30 Apr 20
Category Debt - Money Market
AMC UTI Asset Management Company Ltd
Rating
Risk Low
Expense Ratio 0.26
Sharpe Ratio 9.46
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 10,000
Exit Load NIL
Yield to Maturity 0%
Effective Maturity 6 Months 8 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,820
30 Apr 17₹11,591
30 Apr 18₹12,378
30 Apr 19₹13,387
30 Apr 20₹14,367

UTI Money Market Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for UTI Money Market Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 1.1%
3 Month 2.1%
6 Month 3.5%
1 Year 7.6%
3 Year 7.6%
5 Year 7.6%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8%
2018 7.8%
2017 6.7%
2016 7.7%
2015 8.4%
2014 9.1%
2013 9.2%
2012 9.7%
2011 9%
2010 5.4%
Fund Manager information for UTI Money Market Fund
NameSinceTenure
Amandeep Chopra14 Dec 0613.3 Yr.
Amit Sharma7 Jul 172.73 Yr.

Data below for UTI Money Market Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash99.58%
Other0.42%
Debt Sector Allocation
SectorValue
Corporate71.7%
Cash Equivalent25.63%
Government2.25%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
CANFIN Homes Limited
Commercial Paper | -
7%₹299 Cr3,000,000,000
Larsen And Toubro Limited
Commercial Paper | -
7%₹290 Cr3,000,000,000
↑ 3,000,000,000
Reliance Industries Limited
Commercial Paper | -
7%₹285 Cr3,000,000,000
IndusInd Bank Limited
Certificate of Deposit | -
5%₹234 Cr2,500,000,000
↑ 2,500,000,000
Reliance Jio Infocomm Limited
Commercial Paper | -
5%₹198 Cr2,000,000,000
↑ 2,000,000,000
Tata Capital Financial Services Limited
Commercial Paper | -
4%₹196 Cr2,000,000,000
Export-Import Bank Of India
Commercial Paper | -
4%₹195 Cr2,000,000,000
↑ 2,000,000,000
ICICI Bank Limited
Certificate of Deposit | -
4%₹193 Cr2,000,000,000
Tata Capital Housing Finance Limited
Commercial Paper | -
4%₹190 Cr2,000,000,000
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
4%₹168 Cr1,750,000,000
↑ 1,750,000,000

8. Kotak Money Market Scheme

(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.

Kotak Money Market Scheme is a Debt - Money Market fund was launched on 14 Jul 03. It is a fund with Low risk and has given a CAGR/Annualized return of 7.4% since its launch.  Ranked 19 in Money Market category.  Return for 2019 was 8% , 2018 was 7.7% and 2017 was 6.7% .

Below is the key information for Kotak Money Market Scheme

Kotak Money Market Scheme
Growth
Launch Date 14 Jul 03
NAV (29 May 20) ₹3,346.55 ↓ -0.63   (-0.02 %)
Net Assets (Cr) ₹7,656 on 30 Apr 20
Category Debt - Money Market
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Low
Expense Ratio 0.2
Sharpe Ratio 10.22
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 0%
Effective Maturity 4 Months 13 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,824
30 Apr 17₹11,597
30 Apr 18₹12,385
30 Apr 19₹13,397
30 Apr 20₹14,388

Kotak Money Market Scheme SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
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Returns for Kotak Money Market Scheme

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 0.8%
3 Month 1.9%
6 Month 3.3%
1 Year 7.4%
3 Year 7.5%
5 Year 7.6%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8%
2018 7.7%
2017 6.7%
2016 7.7%
2015 8.4%
2014 9.1%
2013 9.3%
2012 9.8%
2011 9.1%
2010 5.2%
Fund Manager information for Kotak Money Market Scheme
NameSinceTenure
Deepak Agrawal11 Jul 0712.73 Yr.

Data below for Kotak Money Market Scheme as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash100.16%
Debt Sector Allocation
SectorValue
Corporate73.56%
Cash Equivalent15.56%
Government11.04%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
LIC Housing Finance Limited
Commercial Paper | -
6%₹476 Cr10,000
IndusInd Bank Limited
Certificate of Deposit | -
6%₹446 Cr45,000
↓ -12,500
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
5%₹369 Cr7,500
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
5%₹348 Cr7,000
Small Industries Development Bank Of India
Certificate of Deposit | -
5%₹347 Cr35,000
HDB FINANCIAL SERVICES LIMITED
Commercial Paper | -
5%₹345 Cr7,000
Axis Bank Limited
Certificate of Deposit | -
4%₹343 Cr35,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
4%₹313 Cr31,500
↓ -8,500
Reliance Jio Infocomm Limited
Commercial Paper | -
4%₹299 Cr6,000
Small Industries Development Bank Of India
Certificate of Deposit | -
4%₹287 Cr30,000

How to Invest in Money Market Funds?

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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