Money Market Funds
Invest in high-quality money market instruments for up to 1 year.
7.32%
14
Low
3 – 12 months
Top Money Market Funds Sorted by Returns
SBI Savings Fund
SBI MF
HDFC Money Market Fund
HDFC MF
* Returns are annualized and based on historical data. Past performance does not guarantee future results. Min. SIP: ₹500.
What is a Money Market Fund?
Money Market funds invest exclusively in money market instruments — treasury bills, commercial papers, certificates of deposit — with maturities up to 1 year. They provide superior liquidity with competitive returns.
Key Advantages
- Dedicated to money market instruments
- High credit quality portfolios
- Predictable return profile
How It Works
Fund managers invest in T-bills, CPs, and CDs with remaining maturity up to 1 year. The focus is on AAA/A1+ rated instruments.
Who Should Invest?
- Conservative investors seeking stable short-term returns
- Those looking for a savings account alternative
Taxation
Gains taxed at your income tax slab rate.
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