Best Money Market Mutual Funds December 2024

  • Tata Money Market Fund has shown good performance in the Money Market Fund category. The fund has rank of 5 out of 18 funds in the category. The fund has delivered return of 7.68% in 1 year, 6.7% in 3 years, 6.05% in 5 years and 6.03% in 10 years. The category average for the same periods is 7.31%, 6.35%, 5.64% and 12.17% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard …
  • Aditya Birla Sun Life Money Manager Fund has shown very good performance in the Money Market Fund category. The fund has rank of 3 out of 18 funds in the category. The fund has delivered return of 7.74% in 1 year, 6.75% in 3 years, 6.11% in 5 years and 6.91% in 10 years. The category average for the same periods is 7.31%, 6.35%, 5.64% and 12.17% respectively, which shows very good return performance of fund in the category. The …
  • Axis Money Market Fund has exhibited good performance in the Money Market Fund category. The fund has rank of 4 out of 18 funds in the category. The fund has delivered return of 7.72% in 1 year, 6.7% in 3 years and 5.97% in 5 years. The category average for the same periods is 7.31%, 6.35% and 5.64% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 0.5. The category average …
  • Nippon India Money Market Fund has shown very good performance in the Money Market Fund category. The fund has rank of 2 out of 18 funds in the category. The fund has delivered return of 7.7% in 1 year, 6.76% in 3 years, 5.98% in 5 years and 6.82% in 10 years. The category average for the same periods is 7.31%, 6.35%, 5.64% and 12.17% respectively, which shows very good return performance of fund in the category. The fund has …
  • Uti Money Market Fund is the top performing fund in the Money Market Fund category. The fund has delivered return of 7.69% in 1 year, 6.77% in 3 years, 5.99% in 5 years and 6.81% in 10 years. The category average for the same periods is 7.31%, 6.35%, 5.64% and 12.17% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 0.48. The category average for the same parameter is 0.51 …

Full review at the fund page (link in the table below.)

Fund Name BMSMONEY Rank Rating 1Y (R) 3Y (R) 5Y (R) 7Y (R) 10Y (R) 1Y (D) 3Y (D) 5Y (D) 7Y (D) 10Y (D) Std. Dev. Max Drawdown VaR 1Y 95% Jensen's Alpha Beta Sortino Ratio Sharpe Ratio
1
7.69% 6.77% 5.99% 6.51% 6.81% 7.79% 6.85% 6.08% 6.61% 6.91% 0.48% 0.00% 0.00% % -0.15 -0.45
2
7.70% 6.76% 5.98% 6.54% 6.82% 7.84% 6.89% 6.10% 6.66% 6.93% 0.47% 0.00% 0.00% % -0.15 -0.45
3
7.74% 6.75% 6.11% 6.63% 6.91% 7.88% 6.88% 6.23% 6.77% 7.03% 0.51% 0.00% 0.00% % -0.15 -0.45
4
7.72% 6.70% 5.97% % % 7.87% 6.86% 6.14% % % 0.50% 0.00% 0.00% % -0.18 -0.56
5
7.68% 6.70% 6.05% 5.43% 6.03% 7.96% 6.98% 6.29% 5.64% 6.20% 0.51% 0.00% 0.00% % -0.18 -0.54
6
7.67% 6.70% 5.85% 6.41% 6.75% 7.80% 6.81% 5.96% 6.51% 6.84% 0.48% 0.00% 0.00% % -0.19 -0.58
7
7.65% 6.63% 6.01% 6.49% 69.18% 7.80% 6.82% 6.19% 6.68% 69.48% 0.50% 0.00% 0.00% % -0.22 -0.68
8
7.62% 6.53% 5.80% 6.41% 6.80% 7.78% 6.70% 5.96% 6.58% 7.05% 0.54% 0.00% 0.00% % -0.26 -0.83
9
7.47% 6.49% 5.55% % % 7.58% 6.58% 5.64% % % 0.45% 0.00% 0.00% % -0.34 -1.11
10
7.51% 6.31% % % % 7.87% 6.69% % % % 0.46% 0.00% 0.00% 5.44% 0.01 -0.41 -1.45
11
7.33% 6.25% 5.58% 6.13% 6.26% 7.58% 6.50% 5.83% 6.39% 6.51% 0.67% -0.34% 0.00% % -0.30 -1.05
12
7.18% 6.33% % % % 7.51% 6.76% % % % 0.48% 0.00% 0.00% % -0.39 -1.33
13
7.35% 6.20% 5.07% % % 7.56% 6.41% 5.32% % % 0.50% 0.00% 0.00% % -0.42 -1.48
14
7.21% 6.22% 5.49% 6.03% 6.49% 7.75% 6.77% 6.05% 6.62% 7.13% 0.50% -0.01% 0.00% % -0.41 -1.44
15
7.20% 6.05% 5.18% 5.55% 6.10% 7.79% 6.75% 5.91% 6.27% 6.79% 0.51% -0.02% 0.00% % -0.47 -1.75
16
6.96% 5.70% 5.25% 6.54% % 7.67% 6.45% 6.01% 7.28% % 0.57% -0.11% 0.00% % -0.54 -2.12
17
6.67% 5.74% % % % 7.45% 6.49% % % % 0.41% 0.00% 0.00% % -0.65 -2.86
18
6.59% 5.43% 4.78% 5.24% 5.75% 7.56% 6.48% 5.85% 6.31% 6.80% 0.67% -0.40% 0.00% % -0.55 -2.19

Return Calculated On: 29 January 2025

Ratios Calculated On: 31 December 2024

As On: 29 January 2025

Fund Name 1D 1W 1M 3M 6M 1Y 3Y 5Y 7Y 10Y 15Y
Aditya Birla Sun Life Money Manager Fund
0.03
0.15
0.62
1.77
3.65
7.74
6.75
6.11
6.63
6.91
25.33
Baroda BNP Paribas Money Market Fund
0.02
0.14
0.58
1.71
3.53
7.35
6.20
5.07
TRUSTMF Money Market Fund
0.03
0.14
0.57
1.71
3.59
7.36
Dsp Savings Fund
0.03
0.14
0.58
1.68
3.46
7.33
6.25
5.58
6.13
6.26
6.67
Edelweiss Money Market Fund
0.03
0.14
0.55
1.59
3.30
6.96
5.70
5.25
6.54
Franklin India Money Market Fund
0.02
0.14
0.61
1.78
3.64
7.62
6.53
5.80
6.41
6.80
7.36
Hdfc Money Market Fund
0.03
0.15
0.61
1.76
3.60
7.65
6.63
6.01
6.49
69.18
45.91
HSBC Money Market Fund
0.03
0.14
0.60
1.73
3.56
7.46
Bandhan Money Manager Fund
0.03
0.14
0.60
1.72
3.53
7.20
6.05
5.18
5.55
6.10
6.71
Invesco India Money Market Fund
0.02
0.13
0.51
1.48
3.07
6.59
5.43
4.78
5.24
5.75
44.72
Kotak Money Market Fund
0.03
0.15
0.61
1.76
3.61
7.67
6.70
5.85
6.41
6.75
45.92
lic mf money market fund
0.01
0.11
0.46
1.41
2.80
5.96
Mirae Asset Money Market Fund
0.03
0.15
0.61
1.75
3.62
7.51
6.31
Nippon India Money Market Fund
0.03
0.15
0.61
1.75
3.62
7.70
6.76
5.98
6.54
6.82
45.98
Sbi Savings Fund
0.02
0.13
0.57
1.65
3.40
7.21
6.22
5.49
6.03
6.49
7.23
Sundaram Money Market Fund
0.03
0.15
0.61
1.74
3.58
7.47
6.49
5.55
Tata Money Market Fund
0.03
0.15
0.63
1.77
3.62
7.68
6.70
6.05
5.43
6.03
6.86
Union Money Market Fund
0.02
0.12
0.53
1.57
3.22
6.67
5.74
Uti Money Market Fund
0.03
0.15
0.62
1.79
3.66
7.69
6.77
5.99
6.51
6.81
7.38
Pgim India Money Market Fund
0.03
0.14
0.59
1.68
3.46
7.18
6.33
Axis Money Market Fund
0.03
0.15
0.61
1.76
3.63
7.72
6.70
5.97
Bajaj Finserv Money Market Fund
0.03
0.14
0.57
1.67
3.43
7.15

As On: 29 January 2025

Fund Name 1D 1W 1M 3M 6M 1Y 3Y 5Y 7Y 10Y 15Y
Aditya Birla Sun Life Money Manager Fund
0.03
0.15
0.63
1.81
3.71
7.88
6.88
6.23
6.77
7.03
Baroda BNP Paribas Money Market Fund
0.02
0.14
0.60
1.76
3.64
7.56
6.41
5.32
TRUSTMF Money Market Fund
0.03
0.14
0.60
1.75
3.68
7.53
Dsp Savings Fund
0.03
0.15
0.60
1.74
3.58
7.58
6.50
5.83
6.39
6.51
Edelweiss Money Market Fund
0.03
0.15
0.61
1.76
3.65
7.67
6.45
6.01
7.28
Franklin India Money Market Fund
0.02
0.14
0.63
1.81
3.72
7.78
6.70
5.96
6.58
7.05
Hdfc Money Market Fund
0.03
0.15
0.62
1.80
3.69
7.80
6.82
6.19
6.68
69.48
HSBC Money Market Fund
0.03
0.15
0.61
1.78
3.67
7.71
Bandhan Money Manager Fund
0.03
0.15
0.62
1.79
3.71
7.79
6.75
5.91
6.27
6.79
Invesco India Money Market Fund
0.03
0.15
0.59
1.74
3.60
7.56
6.48
5.85
6.31
6.80
Kotak Money Market Fund
0.03
0.15
0.62
1.79
3.68
7.80
6.81
5.96
6.51
6.84
lic mf money market fund
0.01
0.11
0.49
1.52
3.03
6.42
Mirae Asset Money Market Fund
0.03
0.15
0.64
1.83
3.79
7.87
6.69
Nippon India Money Market Fund
0.03
0.15
0.62
1.79
3.69
7.84
6.89
6.10
6.66
6.93
Sbi Savings Fund
0.02
0.14
0.60
1.77
3.65
7.75
6.77
6.05
6.62
7.13
Sundaram Money Market Fund
0.03
0.15
0.62
1.77
3.63
7.58
6.58
5.64
Tata Money Market Fund
0.03
0.16
0.65
1.84
3.76
7.96
6.98
6.29
5.64
6.20
Union Money Market Fund
0.02
0.13
0.58
1.75
3.60
7.45
6.49
Uti Money Market Fund
0.03
0.15
0.62
1.81
3.70
7.79
6.85
6.08
6.61
6.91
Pgim India Money Market Fund
0.03
0.15
0.61
1.75
3.61
7.51
6.76
Axis Money Market Fund
0.03
0.15
0.62
1.81
3.72
7.87
6.86
6.14
Bajaj Finserv Money Market Fund
0.03
0.15
0.62
1.82
3.72
7.74

As On: 29 January 2025

Fund Name 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year
Aditya Birla Sun Life Money Manager Fund
-8.76
5.56
5.92
5.76
5.89
18.54
Baroda BNP Paribas Money Market Fund
-9.02
5.08
5.28
TRUSTMF Money Market Fund
-8.97
Dsp Savings Fund
-9.08
5.19
5.48
4.89
5.18
5.91
Edelweiss Money Market Fund
-9.37
4.65
4.91
4.74
Franklin India Money Market Fund
-8.80
5.42
5.70
5.12
5.54
6.42
Hdfc Money Market Fund
-8.84
5.45
5.81
5.66
44.38
52.11
HSBC Money Market Fund
-8.94
Bandhan Money Manager Fund
-9.06
4.93
5.18
4.49
4.80
5.70
Invesco India Money Market Fund
-9.76
4.37
4.66
4.04
4.43
45.43
Kotak Money Market Fund
-8.83
5.49
5.82
5.60
5.71
46.32
lic mf money market fund
-10.21
Mirae Asset Money Market Fund
-8.88
5.18
Nippon India Money Market Fund
-8.81
5.53
5.89
6.11
5.99
44.88
Sbi Savings Fund
-9.19
5.03
5.38
4.79
5.18
6.23
Sundaram Money Market Fund
-8.90
5.29
5.57
Tata Money Market Fund
-8.80
5.52
5.88
5.86
5.78
6.36
Union Money Market Fund
-9.55
4.49
Uti Money Market Fund
-8.75
5.56
5.90
6.10
6.40
6.98
Pgim India Money Market Fund
-9.12
5.11
Axis Money Market Fund
-8.77
5.51
5.85
Bajaj Finserv Money Market Fund
-9.18

As On: 29 January 2025

Fund Name 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year
Aditya Birla Sun Life Money Manager Fund
-8.65
5.70
6.05
5.89
6.02
Baroda BNP Paribas Money Market Fund
-8.85
5.28
5.51
TRUSTMF Money Market Fund
-8.82
Dsp Savings Fund
-8.87
5.44
5.73
5.13
5.43
Edelweiss Money Market Fund
-8.78
5.38
5.66
5.50
Franklin India Money Market Fund
-8.67
5.58
5.87
5.29
5.72
Hdfc Money Market Fund
-8.69
5.63
5.99
5.84
44.70
HSBC Money Market Fund
-8.75
Bandhan Money Manager Fund
-8.69
5.59
5.87
5.18
5.49
Invesco India Money Market Fund
-8.86
5.41
5.71
5.08
5.47
Kotak Money Market Fund
-8.72
5.61
5.93
5.70
5.81
lic mf money market fund
-9.83
Mirae Asset Money Market Fund
-8.59
5.56
Nippon India Money Market Fund
-8.70
5.66
6.01
6.23
6.10
Sbi Savings Fund
-8.75
5.58
5.93
5.34
5.77
Sundaram Money Market Fund
-8.81
5.39
5.67
Tata Money Market Fund
-8.57
5.79
6.14
6.10
5.99
Union Money Market Fund
-8.91
5.27
Uti Money Market Fund
-8.68
5.64
5.99
6.20
6.50
Pgim India Money Market Fund
-8.86
5.48
Axis Money Market Fund
-8.64
5.68
6.02
Bajaj Finserv Money Market Fund
-8.68

Performance Indicators


Calculated On: 31 December 2024

Fund Name VaR 1 Y 95% Max Drawdown % Average Drawdown % Standard Deviation % Semi Deviation %
Hdfc Money Market Fund 0.00 0.00 0.00 0.50 0.40
Bandhan Money Manager Fund 0.00 -0.02 -0.02 0.51 0.42
Invesco India Money Market Fund 0.00 -0.40 -0.40 0.67 0.58
Kotak Money Market Fund 0.00 0.00 0.00 0.48 0.38
Aditya Birla Sun Life Money Manager Fund 0.00 0.00 0.00 0.51 0.42
Baroda Bnp Paribas Money Market Fund 0.00 0.00 0.00 0.50 0.40
Dsp Savings Fund 0.00 -0.34 -0.34 0.67 0.58
Edelweiss Money Market Fund 0.00 -0.11 -0.11 0.57 0.47
Franklin India Money Market Fund 0.00 0.00 0.00 0.54 0.44
Mirae Asset Money Market Fund 0.00 0.00 0.00 0.46 0.36
Nippon India Money Market Fund 0.00 0.00 0.00 0.47 0.37
Sbi Savings Fund 0.00 -0.01 -0.01 0.50 0.41
Sundaram Money Market Fund 0.00 0.00 0.00 0.45 0.35
Tata Money Market Fund 0.00 0.00 0.00 0.51 0.42
Union Money Market Fund 0.00 0.00 0.00 0.41 0.33
Uti Money Market Fund 0.00 0.00 0.00 0.48 0.38
Pgim India Money Market Fund 0.00 0.00 0.00 0.48 0.37
Axis Money Market Fund 0.00 0.00 0.00 0.50 0.40

Calculated On: 31 December 2024

Fund Name Sharpe Ratio Sortino Ratio Sterling ratio Hurst Index Jensen’s Alpha Beta R2 Treynor Ratio Modigliani2 Measure Active Return
Hdfc Money Market Fund
-0.68
-0.22
0.65
0.45
Bandhan Money Manager Fund
-1.75
-0.47
0.59
0.45
Invesco India Money Market Fund
-2.19
-0.55
0.51
0.48
Kotak Money Market Fund
-0.58
-0.19
0.66
0.44
Aditya Birla Sun Life Money Manager Fund
-0.45
-0.15
0.67
0.46
Baroda Bnp Paribas Money Market Fund
-1.48
-0.42
0.61
0.45
Dsp Savings Fund
-1.05
-0.30
0.59
0.48
Edelweiss Money Market Fund
-2.12
-0.54
0.55
0.44
Franklin India Money Market Fund
-0.83
-0.26
0.64
0.45
Mirae Asset Money Market Fund
-1.45
-0.41
0.62
0.36
5.44
0.01
0.10
-1.34
-17.4900
Nippon India Money Market Fund
-0.45
-0.15
0.67
0.43
Sbi Savings Fund
-1.44
-0.41
0.61
0.46
Sundaram Money Market Fund
-1.11
-0.34
0.64
0.37
Tata Money Market Fund
-0.54
-0.18
0.66
0.45
Union Money Market Fund
-2.86
-0.65
0.56
0.37
Uti Money Market Fund
-0.45
-0.15
0.67
0.44
Pgim India Money Market Fund
-1.33
-0.39
0.62
0.41
Axis Money Market Fund
-0.56
-0.18
0.66
0.44

Fund Name 1Y
Invested Amount: 12,000 		3Y
Invested Amount: 36,000 		5Y
Invested Amount: 60,000 		7Y
Invested Amount: 84,000 		10Y
Invested Amount: 1,20,000 		15Y
Invested Amount: 1,80,000
LumpSum SIP LumpSum SIP LumpSum SIP LumpSum SIP LumpSum SIP LumpSum SIP
Aditya Birla Sun Life Money Manager Fund 12,928.80 11,421.24 43,790.40 39,182.18 80,694.00 69,694.86 131,695.20 103,119.66 234,144.00 162,386.52 5,322,222.00 841,555.98
Baroda BNP Paribas Money Market Fund 12,882.00 11,404.08 43,124.40 38,898.50 76,830.00 68,591.64
TRUSTMF Money Market Fund 12,883.20 11,407.69
Dsp Savings Fund 12,879.60 11,400.35 43,178.40 38,961.68 78,732.00 68,932.14 127,428.00 99,941.94 220,164.00 156,490.32 474,138.00 286,228.62
Edelweiss Money Market Fund 12,835.20 11,380.48 42,519.60 38,647.73 77,478.00 67,944.66 130,863.60 99,437.94
Franklin India Money Market Fund 12,914.40 11,418.62 43,524.00 39,096.68 79,524.00 69,309.54 129,763.20 100,782.28 231,768.00 159,435.96 522,054.00 298,434.78
Hdfc Money Market Fund 12,918.00 11,416.54 43,650.00 39,113.89 80,352.00 69,502.32 130,485.60 102,732.76 23,054,460.00 1,276,330.08 52,042,860.00 15,765,444.00
HSBC Money Market Fund 12,895.20 11,409.58
Bandhan Money Manager Fund 12,864.00 11,401.16 42,937.20 38,809.58 77,256.00 68,406.24 122,606.40 98,539.56 216,936.00 153,400.20 476,586.00 281,486.34
Invesco India Money Market Fund 12,790.80 11,354.75 42,192.00 38,482.27 75,792.00 67,519.74 120,136.80 96,975.06 209,868.00 150,495.60 46,041,930.00 8,959,730.40
Kotak Money Market Fund 12,920.40 11,417.21 43,729.20 39,137.83 79,728.00 69,520.20 129,796.80 102,517.80 230,688.00 160,904.76 52,136,892.00 9,671,354.28
lic mf money market fund 12,715.20 11,324.12
Mirae Asset Money Market Fund 12,901.20 11,413.33 43,250.40 38,959.52
Nippon India Money Market Fund 12,924.00 11,418.24 43,808.40 39,163.46 80,208.00 69,643.68 130,914.00 104,405.95 232,008.00 163,211.16 52,450,974.00 8,548,252.02
Sbi Savings Fund 12,865.20 11,392.74 43,146.00 38,871.97 78,390.00 68,757.72 126,546.00 99,609.30 224,976.00 156,474.60 512,802.00 293,805.54
Sundaram Money Market Fund 12,896.40 11,412.02 43,470.00 39,019.54 78,618.00 69,090.66
Tata Money Market Fund 12,921.60 11,419.12 43,736.40 39,156.34 80,484.00 69,627.24 121,598.40 103,485.14 215,580.00 161,482.80 487,062.00 296,930.34
Union Money Market Fund 12,800.40 11,368.69 42,555.60 38,557.40
Uti Money Market Fund 12,922.80 11,422.30 43,815.60 39,180.38 80,238.00 69,660.48 130,645.20 104,383.44 231,900.00 166,737.24 523,872.00 312,525.54
Pgim India Money Market Fund 12,861.60 11,397.46 43,279.20 38,918.52
Axis Money Market Fund 12,926.40 11,420.64 43,725.60 39,152.70 80,196.00 69,571.98
Bajaj Finserv Money Market Fund 12,858.00 11,393.46

Fund Name 1Y
Invested Amount: 12,000 		3Y
Invested Amount: 36,000 		5Y
Invested Amount: 60,000 		7Y
Invested Amount: 84,000 		10Y
Invested Amount: 1,20,000 		15Y
Invested Amount: 1,80,000
LumpSum SIP LumpSum SIP LumpSum SIP LumpSum SIP LumpSum SIP LumpSum SIP
Aditya Birla Sun Life Money Manager Fund 12,945.60 11,429.08 43,956.00 39,262.36 81,180.00 69,926.10 132,837.60 103,598.38 236,796.00 163,466.52
Baroda BNP Paribas Money Market Fund 12,907.20 11,415.38 43,376.40 39,018.02 77,742.00 68,976.30
TRUSTMF Money Market Fund 12,903.60 11,417.63
Dsp Savings Fund 12,909.60 11,414.36 43,491.60 39,112.02 79,650.00 69,371.58 129,553.20 100,821.50 225,528.00 158,539.92
Edelweiss Money Market Fund 12,920.40 11,420.40 43,419.60 39,075.19 80,346.00 69,239.58 137,415.60 102,150.30
Franklin India Money Market Fund 12,933.60 11,427.41 43,732.80 39,195.43 80,160.00 69,605.52 131,258.40 101,380.02 237,156.00 160,960.92
Hdfc Money Market Fund 12,936.00 11,426.17 43,880.40 39,220.81 81,018.00 69,816.42 132,106.80 103,394.26 23,467,188.00 1,297,637.40
HSBC Money Market Fund 12,925.20 11,422.24
Bandhan Money Manager Fund 12,934.80 11,426.50 43,786.80 39,197.48 79,938.00 69,604.44 128,570.40 101,002.52 231,480.00 159,048.36
Invesco India Money Market Fund 12,907.20 11,414.72 43,462.80 39,091.10 79,728.00 69,337.50 128,923.20 100,631.24 231,696.00 158,900.04
Kotak Money Market Fund 12,936.00 11,424.26 43,873.20 39,210.08 80,130.00 69,719.46 130,603.20 102,905.54 232,464.00 161,701.32
lic mf money market fund 12,770.40 11,349.55
Mirae Asset Money Market Fund 12,944.40 11,432.93 43,718.40 39,179.92
Nippon India Money Market Fund 12,940.80 11,425.50 43,970.40 39,240.79 80,664.00 69,862.68 131,922.00 104,858.80 234,492.00 164,207.76
Sbi Savings Fund 12,930.00 11,422.40 43,819.20 39,194.42 80,478.00 69,717.48 131,611.20 101,584.73 238,836.00 161,381.52
Sundaram Money Market Fund 12,909.60 11,418.26 43,581.60 39,078.25 78,930.00 69,254.28
Tata Money Market Fund 12,955.20 11,434.46 44,071.20 39,318.37 81,390.00 70,089.36 123,295.20 104,383.44 218,988.00 163,247.40
Union Money Market Fund 12,894.00 11,411.62 43,473.60 39,012.12
Uti Money Market Fund 12,934.80 11,427.11 43,916.40 39,230.71 80,580.00 69,812.40 131,527.20 104,724.56 234,168.00 167,601.72
Pgim India Money Market Fund 12,901.20 11,414.58 43,801.20 39,135.02
Axis Money Market Fund 12,944.40 11,429.62 43,934.40 39,252.53 80,820.00 69,865.56
Bajaj Finserv Money Market Fund 12,928.80 11,426.83