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Top 8 Best Performing Money Market Mutual Funds 2019 | Fincash.com

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Best Money Market Mutual Funds 2019

Updated on December 2, 2019 , 9765 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 2019

FundNAVNet Assets (Cr)1 MO (%)3 MO (%)6 MO (%)1 YR (%)2018 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Money Manager Fund Growth ₹263.809
↑ 0.04
₹10,4520.51.63.88.47.95.45%3M 25D3M 25D
L&T Money Market Fund Growth ₹19.5365
↑ 0.00
₹7880.53.67.48.77.35.75%6M 14D6M 22D
Kotak Money Market Scheme Growth ₹3,241.56
↑ 0.53
₹9,0270.51.73.88.47.75.68%4M 24D4M 24D
UTI Money Market Fund Growth ₹2,211.23
↑ 0.34
₹7,5350.51.73.88.37.85.55%3M 25D3M 24D
ICICI Prudential Money Market Fund Growth ₹272.54
↑ 0.05
₹10,2040.51.73.88.27.75.54%4M 8D4M 15D
Franklin India Savings Fund Growth ₹36.3016
↑ 0.01
₹3,5710.51.84.18.97.55.67%4M 24D5M 3D
Tata Money Market Fund Growth ₹3,377.46
↑ 0.57
₹4590.51.63.78.6-0.15.57%4M 18D4M 18D
Reliance Money Market Fund Growth ₹2,976.64
↑ 0.42
₹3,5490.51.73.98.57.95.39%3M 10D3M 16D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 4 Dec 19

1. 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 2018 was 7.9% , 2017 was 6.8% and 2016 was 7.7% .

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 (04 Dec 19) ₹263.809 ↑ 0.04   (0.01 %)
Net Assets (Cr) ₹10,452 on 31 Oct 19
Category Debt - Money Market
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Low
Expense Ratio 0.27
Sharpe Ratio 8.63
Information Ratio 1.66
Alpha Ratio 0.06
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 5.45%
Effective Maturity 3 Months 25 Days
Modified Duration 3 Months 25 Days

Growth of 10,000 investment over the years.

DateValue
30 Nov 14₹10,000
30 Nov 15₹10,848
30 Nov 16₹11,699
30 Nov 17₹12,486
30 Nov 18₹13,440
30 Nov 19₹14,573

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 4 Dec 19

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 3.8%
1 Year 8.4%
3 Year 7.6%
5 Year 7.8%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 5.5%
Fund Manager information for Aditya Birla Sun Life Money Manager Fund
NameSinceTenure
Kaustubh Gupta15 Jul 118.3 Yr.
Mohit Sharma1 Apr 172.58 Yr.

Data below for Aditya Birla Sun Life Money Manager Fund as on 31 Oct 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Corporate48.94%
Cash Equivalent42.99%
Government8.07%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
REC LIMITED
Commercial Paper | -
6%₹641 Cr13,000
↑ 4,000
KOTAK MAHINDRA BANK LIMITED (FORMERLY KOTAK MAHINDRA FINANCE LIMITED)
Certificate of Deposit | -
4%₹372 Cr37,500
Bank Of Baroda
Certificate of Deposit | -
4%₹368 Cr37,500
National Bank For Agriculture And Rural Development
Commercial Paper | -
4%₹368 Cr7,500
Small Industries Development Bank Of India
Certificate of Deposit | -
3%₹360 Cr36,500
The Tata Power Company Limited
Commercial Paper | -
3%₹342 Cr7,000
↑ 7,000
LIC HOUSING FINANCE LIMITED
Commercial Paper | -
3%₹295 Cr6,000
TATA SONS PRIVATE LIMITED
Commercial Paper | -
3%₹295 Cr6,000
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
3%₹294 Cr30,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Certificate of Deposit | -
3%₹281 Cr28,500

2. 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 2018 was 7.3% , 2017 was 7.5% and 2016 was 9.1% .

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

L&T Money Market Fund
Growth
Launch Date 10 Aug 05
NAV (04 Dec 19) ₹19.5365 ↑ 0.00   (0.02 %)
Net Assets (Cr) ₹788 on 31 Oct 19
Category Debt - Money Market
AMC L&T Investment Management Ltd
Rating
Risk Moderate
Expense Ratio 0.77
Sharpe Ratio 2.49
Information Ratio 0.61
Alpha Ratio 7.27
Min Investment 10,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 5.75%
Effective Maturity 6 Months 22 Days
Modified Duration 6 Months 14 Days

Growth of 10,000 investment over the years.

DateValue
30 Nov 14₹10,000
30 Nov 15₹10,849
30 Nov 16₹11,870
30 Nov 17₹12,746
30 Nov 18₹13,635
30 Nov 19₹14,819

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 4 Dec 19

DurationReturns
1 Month 0.5%
3 Month 3.6%
6 Month 7.4%
1 Year 8.7%
3 Year 7.7%
5 Year 8.2%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 3.2%
Fund Manager information for L&T Money Market Fund
NameSinceTenure
Jalpan Shah3 Apr 172.58 Yr.
Vikas Garg3 Apr 172.58 Yr.

Data below for L&T Money Market Fund as on 31 Oct 19

Asset Allocation
Asset ClassValue
Cash102.48%
Debt Sector Allocation
SectorValue
Corporate65.45%
Cash Equivalent28.99%
Government8.03%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Limited
Certificate of Deposit | -
8%₹67 Cr7,000
↑ 2,000
HDFC BANK LIMITED
Certificate of Deposit | -
8%₹63 Cr6,500
↑ 1,500
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
6%₹49 Cr5,000
RELIANCE INDUSTRIES LIMITED
Commercial Paper | -
6%₹49 Cr1,000
LIC Housing Finance Limited
Commercial Paper | -
6%₹48 Cr1,000
↑ 500
AXIS BANK LIMITED
Certificate of Deposit | -
6%₹48 Cr5,000
Kotak Mahindra Bank Limited
Certificate of Deposit | -
6%₹48 Cr5,000
BANK OF BARODA
Certificate of Deposit | -
5%₹39 Cr4,000
↑ 1,500
Hinduja Leyland Finance Limited
Commercial Paper | -
3%₹25 Cr500
↑ 500
Manappuram Finance Limited
Commercial Paper | -
3%₹25 Cr500
↑ 500

3. 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 2018 was 7.7% , 2017 was 6.7% and 2016 was 7.7% .

Below is the key information for Kotak Money Market Scheme

Kotak Money Market Scheme
Growth
Launch Date 14 Jul 03
NAV (04 Dec 19) ₹3,241.56 ↑ 0.53   (0.02 %)
Net Assets (Cr) ₹9,027 on 31 Oct 19
Category Debt - Money Market
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Low
Expense Ratio 0.2
Sharpe Ratio 10.38
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 5.68%
Effective Maturity 4 Months 24 Days
Modified Duration 4 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
30 Nov 14₹10,000
30 Nov 15₹10,852
30 Nov 16₹11,700
30 Nov 17₹12,482
30 Nov 18₹13,409
30 Nov 19₹14,538

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
Invest Now

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 4 Dec 19

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 3.8%
1 Year 8.4%
3 Year 7.5%
5 Year 7.8%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 4.7%
Fund Manager information for Kotak Money Market Scheme
NameSinceTenure
Deepak Agrawal11 Jul 0712.32 Yr.

Data below for Kotak Money Market Scheme as on 31 Oct 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent46.88%
Corporate42.88%
Government10.24%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Power Finance Corporation Ltd.
Commercial Paper | -
9%₹810 Cr16,500
91 DTB09012020
Sovereign Bonds | -
6%₹520 Cr52,500,000
↑ 52,500,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
5%₹459 Cr9,500
↑ 5,500
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
4%₹404 Cr8,500
182 DTB 19122019
Sovereign Bonds | -
4%₹397 Cr40,000,000
↑ 40,000,000
8.19% Govt Stock 2020
Sovereign Bonds | -
4%₹397 Cr39,500,000
↑ 39,500,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
4%₹386 Cr40,000
Small Industries Development Bank Of India
Certificate of Deposit | -
4%₹385 Cr40,000
LARSEN AND TOUBRO LIMITED
Commercial Paper | -
4%₹369 Cr7,500
↓ -2,500
HDB FINANCIAL SERVICES LIMITED
Commercial Paper | -
3%₹286 Cr6,000

4. 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 2018 was 7.8% , 2017 was 6.7% and 2016 was 7.7% .

Below is the key information for UTI Money Market Fund

UTI Money Market Fund
Growth
Launch Date 13 Jul 09
NAV (04 Dec 19) ₹2,211.23 ↑ 0.34   (0.02 %)
Net Assets (Cr) ₹7,535 on 31 Oct 19
Category Debt - Money Market
AMC UTI Asset Management Company Ltd
Rating
Risk Low
Expense Ratio 0.26
Sharpe Ratio 10.47
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 1,500
Exit Load NIL
Yield to Maturity 5.55%
Effective Maturity 3 Months 24 Days
Modified Duration 3 Months 25 Days

Growth of 10,000 investment over the years.

DateValue
30 Nov 14₹10,000
30 Nov 15₹10,843
30 Nov 16₹11,687
30 Nov 17₹12,465
30 Nov 18₹13,408
30 Nov 19₹14,523

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 4 Dec 19

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 3.8%
1 Year 8.3%
3 Year 7.5%
5 Year 7.7%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009
Fund Manager information for UTI Money Market Fund
NameSinceTenure
Amandeep Chopra14 Dec 0612.89 Yr.
Amit Sharma7 Jul 172.32 Yr.

Data below for UTI Money Market Fund as on 31 Oct 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent57.99%
Corporate37.35%
Government4.66%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
15%₹1,146 Cr00
Export-Import Bank Of India
Certificate of Deposit | -
4%₹318 Cr3,250,000,000
Andhra Bank
Certificate of Deposit | -
4%₹317 Cr3,240,000,000
CANFIN Homes Limited
Commercial Paper | -
4%₹289 Cr3,000,000,000
Andhra Bank
Certificate of Deposit | -
3%₹246 Cr2,500,000,000
↑ 1,500,000,000
Oriental Bank Of Commerce
Certificate of Deposit | -
3%₹231 Cr2,350,000,000
TATA CAPITAL FINANCIAL SERVICES LIMITED
Commercial Paper | -
3%₹199 Cr2,000,000,000
TATA MOTORS LIMITED (EARLIER TATA ENGINEERING AND LOCOMOTIVE CO. LTD)
Commercial Paper | -
3%₹198 Cr2,000,000,000
↑ 2,000,000,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Certificate of Deposit | -
3%₹198 Cr2,000,000,000
CHOLAMANDALAM INVESTMENT AND FIN. CO. LTD (CHOLAMANDALAM DBS FINANCE LTD)
Commercial Paper | -
3%₹196 Cr2,000,000,000

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 2018 was 7.7% , 2017 was 6.7% and 2016 was 7.7% .

Below is the key information for ICICI Prudential Money Market Fund

ICICI Prudential Money Market Fund
Growth
Launch Date 9 Mar 06
NAV (04 Dec 19) ₹272.54 ↑ 0.05   (0.02 %)
Net Assets (Cr) ₹10,204 on 31 Oct 19
Category Debt - Money Market
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.27
Sharpe Ratio 9.85
Information Ratio 1.33
Alpha Ratio 0.55
Min Investment 500
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 5.54%
Effective Maturity 4 Months 15 Days
Modified Duration 4 Months 8 Days

Growth of 10,000 investment over the years.

DateValue
30 Nov 14₹10,000
30 Nov 15₹10,842
30 Nov 16₹11,687
30 Nov 17₹12,462
30 Nov 18₹13,390
30 Nov 19₹14,492

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 4 Dec 19

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 3.8%
1 Year 8.2%
3 Year 7.4%
5 Year 7.7%
10 Year
15 Year
Since launch 7.6%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 4%
Fund Manager information for ICICI Prudential Money Market Fund
NameSinceTenure
Rahul Goswami30 Oct 136.01 Yr.
Nikhil Kabra3 Aug 163.24 Yr.

Data below for ICICI Prudential Money Market Fund as on 31 Oct 19

Asset Allocation
Asset ClassValue
Cash93.9%
Debt6.1%
Debt Sector Allocation
SectorValue
Cash Equivalent46.52%
Corporate42.15%
Government11.33%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
RELIANCE INDUSTRIES LIMITED
Commercial Paper | -
5%₹491 Cr10,000
182 DTB 26032020
Sovereign Bonds | -
4%₹426 Cr43,500,000
↑ 43,500,000
AXIS BANK LIMITED
Certificate of Deposit | -
4%₹396 Cr40,000
↓ -10,000
ORIENTAL BANK OF COMMERCE
Certificate of Deposit | -
4%₹383 Cr40,000
LARSEN AND TOUBRO LIMITED
Commercial Paper | -
3%₹295 Cr6,000
↑ 6,000
Power Finance Corporation Ltd.
Commercial Paper | -
3%₹295 Cr6,000
IndusInd Bank Limited
Certificate of Deposit | -
3%₹286 Cr30,000
RELIANCE INDUSTRIES LIMITED
Commercial Paper | -
2%₹248 Cr5,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
2%₹246 Cr5,000
SBI CARDS & PAYMENT SERVICES PRIVATE LIMITED
Commercial Paper | -
2%₹245 Cr5,000

6. 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 2018 was 7.5% , 2017 was 7.2% and 2016 was 8.1% .

Below is the key information for Franklin India Savings Fund

Franklin India Savings Fund
Growth
Launch Date 11 Feb 02
NAV (04 Dec 19) ₹36.3016 ↑ 0.01   (0.02 %)
Net Assets (Cr) ₹3,571 on 31 Oct 19
Category Debt - Money Market
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately Low
Expense Ratio 0.32
Sharpe Ratio 8.43
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 5.67%
Effective Maturity 5 Months 3 Days
Modified Duration 4 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
30 Nov 14₹10,000
30 Nov 15₹10,830
30 Nov 16₹11,732
30 Nov 17₹12,578
30 Nov 18₹13,460
30 Nov 19₹14,658

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 4 Dec 19

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 4.1%
1 Year 8.9%
3 Year 7.7%
5 Year 7.9%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 6.9%
Fund Manager information for Franklin India Savings Fund
NameSinceTenure
Umesh Sharma25 Oct 181.02 Yr.
Pallab Roy6 Jun 0811.41 Yr.

Data below for Franklin India Savings Fund as on 31 Oct 19

Asset Allocation
Asset ClassValue
Cash95.61%
Other4.39%
Debt Sector Allocation
SectorValue
Corporate65.6%
Cash Equivalent24.62%
Government5.39%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Retail Limited
Commercial Paper | -
7%₹247 Cr5,000
↑ 5,000
L & T Infrastructure Finance Company Limited
Commercial Paper | -
7%₹245 Cr5,000
↑ 5,000
ICICI BANK LIMITED
Certificate of Deposit | -
5%₹192 Cr20,000
LARSEN AND TOUBRO LIMITED
Commercial Paper | -
5%₹172 Cr3,500
↑ 3,500
Call, Cash & Other Assets
Receivables | -
4%₹157 Cr
LIC Housing Finance Limited
Commercial Paper | -
4%₹155 Cr3,200
Bharat Heavy Electricals Limited
Commercial Paper | -
3%₹124 Cr2,500
↑ 2,500
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
3%₹121 Cr12,500
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
3%₹120 Cr12,500
Power Finance Corporation Ltd.
Commercial Paper | -
3%₹103 Cr2,090

7. Tata Money Market Fund

(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.

Tata Money Market Fund is a Debt - Money Market fund was launched on 22 May 03. It is a fund with Low risk and has given a CAGR/Annualized return of 7% since its launch.  Ranked 30 in Money Market category.  Return for 2018 was -0.1% , 2017 was 6.7% and 2016 was 7.6% .

Below is the key information for Tata Money Market Fund

Tata Money Market Fund
Growth
Launch Date 22 May 03
NAV (04 Dec 19) ₹3,377.46 ↑ 0.57   (0.02 %)
Net Assets (Cr) ₹459 on 31 Oct 19
Category Debt - Money Market
AMC Tata Asset Management Limited
Rating
Risk Low
Expense Ratio 0.2
Sharpe Ratio 10.25
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 5.57%
Effective Maturity 4 Months 18 Days
Modified Duration 4 Months 18 Days

Growth of 10,000 investment over the years.

DateValue
30 Nov 14₹10,000
30 Nov 15₹10,841
30 Nov 16₹11,675
30 Nov 17₹12,449
30 Nov 18₹12,393
30 Nov 19₹13,463

Tata 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 ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Tata 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 4 Dec 19

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 3.7%
1 Year 8.6%
3 Year 4.9%
5 Year 6.1%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -0.1%
2017 6.7%
2016 7.6%
2015 8.3%
2014 9%
2013 9.2%
2012 9.7%
2011 9%
2010 5.5%
2009 5.2%
Fund Manager information for Tata Money Market Fund
NameSinceTenure
Amit Somani16 Oct 136.04 Yr.

Data below for Tata Money Market Fund as on 31 Oct 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Corporate47.56%
Cash Equivalent47.07%
Government5.37%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Dabur India Limited
Commercial Paper | -
5%₹25 Cr500
HDFC BANK LIMITED
Certificate of Deposit | -
5%₹25 Cr2,500
KOTAK MAHINDRA PRIME LIMITED
Commercial Paper | -
5%₹25 Cr500
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
5%₹25 Cr2,500
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
5%₹25 Cr500
REC LIMITED
Commercial Paper | -
5%₹25 Cr500
INDUSIND BANK LIMITED
Certificate of Deposit | -
5%₹25 Cr2,500
HDFC CREDILA FINANCIAL SERVICES PRIVATE LIMITED
Commercial Paper | -
5%₹25 Cr500
Andhra Bank
Certificate of Deposit | -
5%₹25 Cr2,500
↑ 2,500
Oriental Bank Of Commerce
Certificate of Deposit | -
5%₹25 Cr2,500

8. Reliance 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.

Reliance 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 2018 was 7.9% , 2017 was 6.6% and 2016 was 7.6% .

Below is the key information for Reliance Money Market Fund

Reliance Money Market Fund
Growth
Launch Date 16 Jun 05
NAV (04 Dec 19) ₹2,976.64 ↑ 0.42   (0.01 %)
Net Assets (Cr) ₹3,549 on 31 Oct 19
Category Debt - Money Market
AMC Reliance Nippon Life Asset Management Ltd.
Rating
Risk Low
Expense Ratio 0.25
Sharpe Ratio 9.74
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 5.39%
Effective Maturity 3 Months 16 Days
Modified Duration 3 Months 10 Days

Growth of 10,000 investment over the years.

DateValue
30 Nov 14₹10,000
30 Nov 15₹10,842
30 Nov 16₹11,679
30 Nov 17₹12,446
30 Nov 18₹13,393
30 Nov 19₹14,531

Reliance 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 Reliance 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 4 Dec 19

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 3.9%
1 Year 8.5%
3 Year 7.6%
5 Year 7.8%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 5.5%
Fund Manager information for Reliance Money Market Fund
NameSinceTenure
Amit Tripathi16 Jun 0514.38 Yr.
Vivek Sharma1 Oct 136.09 Yr.
Kinjal Desai16 Jul 181.29 Yr.

Data below for Reliance Money Market Fund as on 31 Oct 19

Asset Allocation
Asset ClassValue
Cash100%
Other0%
Debt Sector Allocation
SectorValue
Cash Equivalent57.47%
Corporate35.6%
Government6.92%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Triparty Repo
CBLO/Reverse Repo | -
20%₹693 Cr
CAN FIN HOMES LIMITED
Commercial Paper | -
6%₹197 Cr4,000
ICICI Bank Limited
Certificate of Deposit | -
5%₹172 Cr17,500
↓ -2,500
IDFC FIRST BANK LIMITED
Certificate of Deposit | -
4%₹147 Cr15,000
LIC HOUSING FINANCE LIMITED
Commercial Paper | -
4%₹143 Cr2,900
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Certificate of Deposit | -
3%₹123 Cr12,500
REC LIMITED
Commercial Paper | -
3%₹123 Cr2,500
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
3%₹122 Cr12,500
↑ 2,500
RELIANCE INDUSTRIES LIMITED
Commercial Paper | -
3%₹108 Cr2,200
↑ 200
NTPC Limited
Commercial Paper | -
3%₹99 Cr2,000
↑ 2,000

How to Invest in Money Market Funds?

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  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

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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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