Fund Name Rank Rating 1Y 3Y 5Y 7Y 10Y SD Max DD VaR1Y95% Jensen's Alpha Beta Sortino Ratio Sharpe Ratio
1
7.34 7.57 6.35 6.51 6.81 0.34 0.00 0.00 6.21 0.12 31.67 5.22
2
7.40 7.62 6.38 0.35 0.00 0.00 6.20 0.11 23.42 4.88
3
7.25 7.57 6.37 6.62 6.91 0.33 0.00 0.00 6.18 0.12 33.07 5.23
4
7.37 7.58 6.39 6.54 6.82 0.35 0.00 0.00 6.20 0.11 25.70 4.95
5
7.42 7.69 6.49 6.68 6.11 0.35 0.00 0.00 6.13 0.12 25.90 4.92
6
7.41 7.57 6.24 6.52 6.92 0.36 0.00 0.00 6.14 0.11 20.39 4.65
7
7.30 7.53 6.30 6.42 6.72 0.34 0.00 0.00 6.13 0.12 22.37 4.90
8
7.34 7.56 6.34 6.63 6.83 0.35 0.00 0.00 6.04 0.12 19.28 4.68
9
7.29 7.35 6.07 6.17 0.34 0.00 0.00 6.16 0.09 11.99 4.53
10
7.30 7.32 5.94 0.32 0.00 0.00 6.11 0.08 16.47 4.41
11
7.27 7.45 0.34 0.00 0.00 6.04 0.10 13.62 4.35
12
7.32 7.47 0.34 0.00 0.00 5.93 0.10 5.85 4.05
13
7.41 7.57 6.26 6.31 6.65 0.34 0.00 0.00 5.91 0.09 10.63 3.78
14
7.16 7.40 6.23 0.35 0.00 0.00 5.74 0.12 11.95 3.94
15
7.06 7.27 0.30 0.00 0.00 6.02 0.08 11.73 4.46
16
7.32 7.53 6.30 6.53 6.98 0.33 0.00 0.00 5.74 0.11 9.75 3.92
17
7.02 7.36 6.08 6.30 6.46 0.43 0.00 0.00 5.97 0.10 1.35 2.88
18
7.33 7.41 6.06 7.28 0.33 0.00 0.00 5.52 0.10 4.12 3.01
19
6.94 6.71 0.28 0.00 0.00 5.48 0.06 2.01 2.25
20
7.12 7.22 0.29 0.00 0.00 5.41 0.08 2.90 2.51
21
7.25 7.40 6.11 6.22 6.62 0.35 0.00 0.00 5.08 0.11 1.85 1.94

Return Calculated On: 23 January 2026 | Ratios Calculated On: 31 December 2025

1Y, 3Y, 5Y, 7Y, and 10Y returns are annualized (in %). All returns are calculated on a compounded annual growth rate (CAGR) basis for Direct Growth funds

Rating: 5 Stars (Best) to 1 Star (Worst) | Rank: 1 (Best) to 100 (Worst). Rating and Rank are based on the performance of the fund over the last 3 years.

Max DD: Maximum Drawdown (in %) | SD: Standard Deviation (in %) | VaR 1Y 95%: Value at Risk (in %) | Jensen's Alpha: (in %)

Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

Data Source: www.amfiindia.com

SEBI Categorization

For more details, visit AMFI India.

Best Money Market Funds December 2025 Review Summary

  1. Uti Money Market Fund

    Uti Money Market Fund is the top ranked fund in the Money Market Fund category. The category has total 20 funds. The 5 star rating shows an excellent past performance of the Uti Money Market Fund in Money Market Fund. The fund has a Jensen Alpha of 6.21% which is higher than the category average of 5.92%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 5.22 which is higher than the category average of 4.07. Read Full Review

  2. Axis Money Market Fund

    In the Money Market Fund category, Axis Money Market Fund is the 4th ranked fund. The category has total 20 funds. The Axis Money Market Fund has shown an excellent past performence in Money Market Fund. The fund has a Jensen Alpha of 6.2% which is higher than the category average of 5.92%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.88 which is higher than the category average of 4.07. Read Full Review

  3. Aditya Birla Sun Life Money Manager Fund

    In the Money Market Fund category, Aditya Birla Sun Life Money Manager Fund is the third ranked fund. The category has total 20 funds. The Aditya Birla Sun Life Money Manager Fund has shown an excellent past performence in Money Market Fund. The fund has a Jensen Alpha of 6.18% which is higher than the category average of 5.92%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 5.23 which is higher than the category average of 4.07. Read Full Review

  4. Nippon India Money Market Fund

    In the Money Market Fund category, Nippon India Money Market Fund is the second ranked fund. The category has total 20 funds. The Nippon India Money Market Fund has shown an excellent past performence in Money Market Fund. The fund has a Jensen Alpha of 6.2% which is higher than the category average of 5.92%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.95 which is higher than the category average of 4.07. Read Full Review

  5. Tata Money Market Fund

    Tata Money Market Fund is the 5th ranked fund in the Money Market Fund category. The category has total 20 funds. The Tata Money Market Fund has shown an excellent past performence in Money Market Fund. The fund has a Jensen Alpha of 6.13% which is higher than the category average of 5.92%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.92 which is higher than the category average of 4.07. Read Full Review

  6. Franklin India Money Market Fund

    Franklin India Money Market Fund is the 7th ranked fund in the Money Market Fund category. The category has total 20 funds. The 4 star rating shows a very good past performance of the Franklin India Money Market Fund in Money Market Fund. The fund has a Jensen Alpha of 6.14% which is higher than the category average of 5.92%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.65 which is higher than the category average of 4.07. Read Full Review

  7. Kotak Money Market Fund

    Kotak Money Market Fund is the 6th ranked fund in the Money Market Fund category. The category has total 20 funds. The 4 star rating shows a very good past performance of the Kotak Money Market Fund in Money Market Fund. The fund has a Jensen Alpha of 6.13% which is higher than the category average of 5.92%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.9 which is higher than the category average of 4.07. Read Full Review

  8. Hdfc Money Market Fund

    Hdfc Money Market Fund is the 8th ranked fund in the Money Market Fund category. The category has total 20 funds. The 4 star rating shows a very good past performance of the Hdfc Money Market Fund in Money Market Fund. The fund has a Jensen Alpha of 6.04% which is higher than the category average of 5.92%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.68 which is higher than the category average of 4.07. Read Full Review

  9. Sundaram Money Market Fund

    Sundaram Money Market Fund is the 9th ranked fund in the Money Market Fund category. The category has total 20 funds. The Sundaram Money Market Fund has shown a very good past performence in Money Market Fund. The fund has a Jensen Alpha of 6.16% which is higher than the category average of 5.92%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.53 which is higher than the category average of 4.07. Read Full Review

  10. Baroda BNP Paribas Money Market Fund

    In the Money Market Fund category, Baroda BNP Paribas Money Market Fund is the 10th ranked fund. The category has total 20 funds. The 3 star rating shows an average past performance of the Baroda BNP Paribas Money Market Fund in Money Market Fund. The fund has a Jensen Alpha of 6.11% which is higher than the category average of 5.92%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.41 which is higher than the category average of 4.07. Read Full Review

As On: 23 January 2026

Fund Name 1D 1W 1M 3M 6M 1Y 3Y 5Y 7Y 10Y 15Y
Aditya Birla Sun Life Money Manager Fund
0.00
0.09
0.34
1.26
2.72
7.11
7.43
6.24
6.49
6.79
7.57
Baroda BNP Paribas Money Market Fund
0.01
0.09
0.34
1.25
2.73
7.07
7.11
5.72
TRUSTMF Money Market Fund
0.01
0.09
0.38
1.28
2.65
6.74
7.05
Dsp Savings Fund
0.00
0.08
0.33
1.25
2.68
6.77
7.10
5.83
6.05
6.21
6.84
Edelweiss Money Market Fund
0.00
0.08
0.32
1.23
2.50
6.62
6.69
5.32
6.50
Franklin India Money Market Fund
0.00
0.08
0.41
1.37
2.80
7.24
7.40
6.08
6.35
6.73
7.46
Hdfc Money Market Fund
0.00
0.09
0.38
1.32
2.74
7.15
7.37
6.16
6.44
6.64
7.43
HSBC Money Market Fund
0.00
0.08
0.37
1.30
2.73
7.06
7.18
Bandhan Money Manager Fund
0.00
0.08
0.40
1.35
2.77
7.14
7.02
5.64
5.65
6.00
6.82
Invesco India Money Market Fund
0.00
0.07
0.30
1.09
2.27
6.14
6.34
5.05
5.15
5.57
6.52
Kotak Money Market Fund
0.00
0.08
0.37
1.32
2.76
7.16
7.40
6.19
6.31
6.63
7.46
lic mf money market fund
0.00
0.09
0.38
1.30
2.76
6.63
6.30
Mirae Asset Money Market Fund
0.00
0.08
0.34
1.25
2.64
6.97
7.10
Nippon India Money Market Fund
0.00
0.09
0.36
1.29
2.74
7.19
7.43
6.25
6.42
6.70
7.48
Sbi Savings Fund
0.01
0.08
0.36
1.27
2.63
6.88
7.02
5.77
5.98
6.36
7.28
Sundaram Money Market Fund
0.00
0.08
0.37
1.31
2.74
7.13
7.23
5.97
6.06
Tata Money Market Fund
0.00
0.08
0.38
1.30
2.74
7.16
7.42
6.23
6.45
5.92
6.95
Union Money Market Fund
0.02
0.08
0.40
1.26
2.52
6.36
6.44
Uti Money Market Fund
0.00
0.08
0.38
1.34
2.80
7.25
7.48
6.26
6.42
6.70
7.48
Pgim India Money Market Fund
0.01
0.08
0.36
1.24
2.64
6.89
7.07
5.73
Axis Money Market Fund
0.00
0.08
0.39
1.34
2.79
7.22
7.44
6.21
Bajaj Finserv Money Market Fund
0.01
0.08
0.35
1.20
2.51
6.69

As On: 23 January 2026

Fund Name 1D 1W 1M 3M 6M 1Y 3Y 5Y 7Y 10Y 15Y
Aditya Birla Sun Life Money Manager Fund
0.00
0.09
0.35
1.29
2.79
7.25
7.57
6.37
6.62
6.91
Baroda BNP Paribas Money Market Fund
0.01
0.09
0.36
1.31
2.84
7.30
7.32
5.94
TRUSTMF Money Market Fund
0.01
0.10
0.40
1.36
2.80
7.06
7.27
Dsp Savings Fund
0.00
0.08
0.35
1.30
2.80
7.02
7.36
6.08
6.30
6.46
Edelweiss Money Market Fund
0.01
0.09
0.38
1.39
2.84
7.33
7.41
6.06
7.28
Franklin India Money Market Fund
0.00
0.08
0.42
1.41
2.88
7.41
7.57
6.24
6.52
6.92
Hdfc Money Market Fund
0.00
0.10
0.40
1.37
2.84
7.34
7.56
6.34
6.63
6.83
HSBC Money Market Fund
0.00
0.09
0.39
1.35
2.83
7.27
7.45
Bandhan Money Manager Fund
0.00
0.09
0.43
1.42
2.90
7.41
7.57
6.26
6.31
6.65
Invesco India Money Market Fund
0.01
0.09
0.40
1.37
2.82
7.25
7.40
6.11
6.22
6.62
Kotak Money Market Fund
0.00
0.09
0.39
1.35
2.82
7.30
7.53
6.30
6.42
6.72
lic mf money market fund
0.00
0.09
0.39
1.34
2.88
6.94
6.71
Mirae Asset Money Market Fund
0.01
0.09
0.36
1.33
2.80
7.32
7.47
Nippon India Money Market Fund
0.00
0.09
0.37
1.33
2.82
7.37
7.58
6.39
6.54
6.82
Sbi Savings Fund
0.01
0.09
0.40
1.37
2.84
7.32
7.53
6.30
6.53
6.98
Sundaram Money Market Fund
0.00
0.09
0.38
1.34
2.81
7.29
7.35
6.07
6.17
Tata Money Market Fund
0.01
0.09
0.40
1.36
2.87
7.42
7.69
6.49
6.68
6.11
Union Money Market Fund
0.02
0.09
0.44
1.43
2.88
7.12
7.22
Uti Money Market Fund
0.00
0.09
0.38
1.36
2.85
7.34
7.57
6.35
6.51
6.81
Pgim India Money Market Fund
0.01
0.08
0.38
1.31
2.77
7.16
7.40
6.23
Axis Money Market Fund
0.00
0.09
0.40
1.38
2.87
7.40
7.62
6.38
Bajaj Finserv Money Market Fund
0.01
0.09
0.40
1.37
2.85
7.38

As On: 23 January 2026

Fund Name 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year
Aditya Birla Sun Life Money Manager Fund
6.23
5.31
5.56
5.93
6.36
6.75
Baroda BNP Paribas Money Market Fund
6.23
5.12
5.21
TRUSTMF Money Market Fund
6.01
4.98
Dsp Savings Fund
6.04
4.99
5.17
5.51
5.88
6.18
Edelweiss Money Market Fund
5.80
4.69
4.76
5.16
Franklin India Money Market Fund
6.42
5.35
5.49
5.80
6.23
6.65
Hdfc Money Market Fund
6.31
5.30
5.50
5.87
6.26
6.63
HSBC Money Market Fund
6.24
5.16
Bandhan Money Manager Fund
6.34
5.08
5.12
5.33
5.58
5.99
Invesco India Money Market Fund
5.32
4.27
4.42
4.72
5.10
5.57
Kotak Money Market Fund
6.31
5.31
5.53
5.84
6.22
6.62
lic mf money market fund
6.14
4.42
Mirae Asset Money Market Fund
6.10
5.12
Nippon India Money Market Fund
6.32
5.34
5.58
5.91
6.31
6.68
Sbi Savings Fund
6.07
4.97
5.14
5.47
5.86
6.34
Sundaram Money Market Fund
6.30
5.22
5.37
5.63
Tata Money Market Fund
6.31
5.33
5.55
5.91
5.82
6.20
Union Money Market Fund
5.72
4.47
Uti Money Market Fund
6.41
5.39
5.61
5.93
6.31
6.87
Pgim India Money Market Fund
6.07
4.99
5.17
Axis Money Market Fund
6.39
5.37
5.56
Bajaj Finserv Money Market Fund
5.84

As On: 23 January 2026

Fund Name 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year
Aditya Birla Sun Life Money Manager Fund
6.38
5.45
5.69
6.07
6.50
Baroda BNP Paribas Money Market Fund
6.45
5.33
5.42
TRUSTMF Money Market Fund
6.33
5.22
Dsp Savings Fund
6.28
5.24
5.42
5.76
6.14
Edelweiss Money Market Fund
6.50
5.40
5.48
5.91
Franklin India Money Market Fund
6.58
5.52
5.65
5.97
6.40
Hdfc Money Market Fund
6.49
5.48
5.68
6.05
6.45
HSBC Money Market Fund
6.45
5.40
Bandhan Money Manager Fund
6.61
5.51
5.66
5.93
6.22
Invesco India Money Market Fund
6.44
5.34
5.48
5.79
6.17
Kotak Money Market Fund
6.46
5.45
5.65
5.95
6.33
lic mf money market fund
6.41
4.78
Mirae Asset Money Market Fund
6.44
5.48
Nippon India Money Market Fund
6.48
5.49
5.72
6.05
6.44
Sbi Savings Fund
6.49
5.45
5.65
5.99
6.42
Sundaram Money Market Fund
6.44
5.35
5.49
5.74
Tata Money Market Fund
6.57
5.60
5.82
6.16
6.05
Union Money Market Fund
6.46
5.22
Uti Money Market Fund
6.50
5.48
5.69
6.02
6.41
Pgim India Money Market Fund
6.33
5.29
5.55
Axis Money Market Fund
6.57
5.54
5.73
Bajaj Finserv Money Market Fund
6.53

Performance Indicators


Calculated On: 31 December 2025

Fund Name VaR 1 Y 95% Max Drawdown % Average Drawdown % Standard Deviation % Semi Deviation %
Aditya Birla Sun Life Money Manager Fund 0.00 0.00 0.00 0.33 0.20
Baroda Bnp Paribas Money Market Fund 0.00 0.00 0.00 0.32 0.19
Trustmf Money Market Fund 0.00 0.00 0.00 0.30 0.19
Dsp Savings Fund 0.00 0.00 0.00 0.43 0.35
Edelweiss Money Market Fund 0.00 0.00 0.00 0.33 0.19
Franklin India Money Market Fund 0.00 0.00 0.00 0.36 0.21
Hdfc Money Market Fund 0.00 0.00 0.00 0.35 0.21
Hsbc Money Market Fund 0.00 0.00 0.00 0.34 0.20
Bandhan Money Manager Fund 0.00 0.00 0.00 0.34 0.19
Invesco India Money Market Fund 0.00 0.00 0.00 0.35 0.21
Kotak Money Market Fund 0.00 0.00 0.00 0.34 0.20
Lic Mf Money Market Fund 0.00 0.00 0.00 0.28 0.17
Mirae Asset Money Market Fund 0.00 0.00 0.00 0.34 0.22
Nippon India Money Market Fund 0.00 0.00 0.00 0.35 0.20
Sbi Savings Fund 0.00 0.00 0.00 0.33 0.19
Sundaram Money Market Fund 0.00 0.00 0.00 0.34 0.20
Tata Money Market Fund 0.00 0.00 0.00 0.35 0.21
Union Money Market Fund 0.00 0.00 0.00 0.29 0.17
Uti Money Market Fund 0.00 0.00 0.00 0.34 0.20
Pgim India Money Market Fund 0.00 0.00 0.00 0.35 0.20
Axis Money Market Fund 0.00 0.00 0.00 0.35 0.21

Calculated On: 31 December 2025

Fund Name Sharpe Ratio Sortino Ratio Sterling ratio Hurst Index Jensen’s Alpha Beta R2 Treynor Ratio Modigliani2 Measure Active Return
Aditya Birla Sun Life Money Manager Fund
5.23
33.07
0.75
0.41
6.18
0.12
0.10
0.79
-0.4800
Baroda Bnp Paribas Money Market Fund
4.41
16.47
0.72
0.42
6.11
0.08
0.05
0.74
-0.8000
Trustmf Money Market Fund
4.46
11.73
0.71
0.41
6.02
0.08
0.06
0.74
-0.8500
Dsp Savings Fund
2.88
1.35
0.70
0.51
5.97
0.10
0.11
0.78
-0.8000
Edelweiss Money Market Fund
3.01
4.12
0.67
0.44
5.52
0.10
0.08
0.65
-1.2600
Franklin India Money Market Fund
4.65
20.39
0.74
0.43
6.14
0.11
0.08
0.75
-0.5500
Hdfc Money Market Fund
4.68
19.28
0.74
0.42
6.04
0.12
0.10
0.75
-0.5900
Hsbc Money Market Fund
4.35
13.62
0.72
0.42
6.04
0.10
0.07
0.73
-0.7800
Bandhan Money Manager Fund
3.78
10.63
0.70
0.42
5.91
0.09
0.06
0.70
-1.0000
Invesco India Money Market Fund
1.94
1.85
0.64
0.41
5.08
0.11
0.08
0.58
-1.5800
Kotak Money Market Fund
4.90
22.37
0.74
0.42
6.13
0.12
0.09
0.77
-0.5400
Lic Mf Money Market Fund
2.25
2.01
0.63
0.48
5.48
0.06
0.03
0.60
-1.5500
Mirae Asset Money Market Fund
4.05
5.85
0.71
0.46
5.93
0.10
0.07
0.71
-0.8200
Nippon India Money Market Fund
4.95
25.70
0.75
0.42
6.20
0.11
0.08
0.77
-0.5000
Sbi Savings Fund
3.92
9.75
0.71
0.43
5.74
0.11
0.10
0.71
-0.9900
Sundaram Money Market Fund
4.53
11.99
0.73
0.44
6.16
0.09
0.05
0.74
-0.6800
Tata Money Market Fund
4.92
25.90
0.75
0.42
6.13
0.12
0.10
0.77
-0.5300
Union Money Market Fund
2.51
2.90
0.65
0.44
5.41
0.08
0.06
0.62
-1.4900
Uti Money Market Fund
5.22
31.67
0.75
0.42
6.21
0.12
0.09
0.79
-0.4500
Pgim India Money Market Fund
3.94
11.95
0.71
0.43
5.74
0.12
0.09
0.71
-0.8300
Axis Money Market Fund
4.88
23.42
0.75
0.42
6.20
0.11
0.08
0.76
-0.5500