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Best Money Market Mutual Funds 2025

Updated on March 23, 2025 , 43180 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.

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.

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How do Money Market Funds work?

A money market fund invests in money market instruments with an objective of Offering good returns (interest Income) and keeping the NAV fluctuations minimal.

Types of Money Market Instruments

Money Market is an exchange where the trade of cash and cash-equivalent instruments takes place. The instruments that are traded in the money markets have maturities which can vary from overnight to one year. Here are some key money market instruments in India:

1. Treasury Bills or T-Bills

The Government of India issues treasury bills to raise funds for a period of up to 365 days. Since these are issued by the government, they are considered to be very safe. However, lower risks also translate into lower returns which is the case with treasury bills too. The returns on T-bills is lower than other money market instruments.

2. Certificate of Deposit or CD

A CD is a term deposit which is offered by scheduled commercial banks which does not have the option of premature redemption. The primary difference between a CD and FD is that CDs are freely negotiable.

3. Repurchase Agreements or Repos

A repurchase agreement is made between a bank and RBI to facilitate short-term loans. It can also be made between two banks.

4. Commercial Paper or CP

Companies and financial institutions with a high credit rating can issue a Commercial Paper which is a short-term, unsecured promissory note. It allows such entities to diversify their short-term borrowing sources. CPs are usually issued at a discounted rate while the redemption is done on Face Value. The investor earns the difference.

Top 8 Money Market Mutual Funds 2025

Fund	NAV	Net Assets (Cr)	1 MO (%)	3 MO (%)	6 MO (%)	1 YR (%)	2023 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
UTI Money Market Fund Growth	₹3,016.46 ↑ 0.43	₹18,083	0.7	1.9	3.8	7.8	7.7	7.51%	6M 1D	6M 1D
Aditya Birla Sun Life Money Manager Fund Growth	₹362.074 ↑ 0.05	₹26,752	0.6	1.9	3.7	7.7	7.8	7.6%	6M 22D	6M 22D
ICICI Prudential Money Market Fund Growth	₹371.198 ↑ 0.05	₹25,882	0.7	1.9	3.7	7.7	7.7	7.48%	7M 6D	7M 23D
Franklin India Savings Fund Growth	₹49.0721 ↑ 0.01	₹2,599	0.7	1.9	3.7	7.7	7.7	7.47%	6M 18D	7M 2D
Tata Money Market Fund Growth	₹4,619.89 ↑ 0.75	₹28,157	0.7	1.9	3.7	7.7	7.7	7.45%	7Y 8M 26D	7Y 9M
Nippon India Money Market Fund Growth	₹4,059.67 ↑ 0.51	₹16,856	0.6	1.9	3.7	7.7	7.8	7.63%	8M 2D	8M 20D
Kotak Money Market Scheme Growth	₹4,393.84 ↑ 0.72	₹27,943	0.6	1.9	3.7	7.7	7.7	7.57%	8M 8D	8M 8D
HDFC Money Market Fund Growth	₹5,593.01 ↑ 0.93	₹27,399	0.7	1.9	3.7	7.7	7.7	0.74%	8M 7D	8M 26D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Mar 25

1. 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 7.3% since its launch. Ranked 23 in Money Market category. Return for 2024 was 7.7% , 2023 was 7.4% and 2022 was 4.9% .

Below is the key information for UTI Money Market Fund

UTI Money Market Fund Growth
Launch Date	13 Jul 09
NAV (25 Mar 25)	₹3,016.46 ↑ 0.43 (0.01 %)
Net Assets (Cr)	₹18,083 on 28 Feb 25
Category	Debt - Money Market
AMC	UTI Asset Management Company Ltd
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.27
Sharpe Ratio	3.42
Information Ratio	0
Alpha Ratio	0
Min Investment	10,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.51%
Effective Maturity	6 Months 1 Day
Modified Duration	6 Months 1 Day

Growth of 10,000 investment over the years.

Date	Value
29 Feb 20	₹10,000
28 Feb 21	₹10,560
28 Feb 22	₹10,970
28 Feb 23	₹11,555
29 Feb 24	₹12,438
28 Feb 25	₹13,387

UTI Money Market Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 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 25 Mar 25

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.8%
1 Year	7.8%
3 Year	7%
5 Year	6.2%
10 Year
15 Year
Since launch	7.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.7%
2022	7.4%
2021	4.9%
2020	3.7%
2019	6%
2018	8%
2017	7.8%
2016	6.7%
2015	7.7%
2014	8.4%

Fund Manager information for UTI Money Market Fund

Name	Since	Tenure
Anurag Mittal	1 Dec 21	3.25 Yr.
Amit Sharma	7 Jul 17	7.65 Yr.

Data below for UTI Money Market Fund as on 28 Feb 25

Asset Allocation

Asset Class	Value
Cash	97.72%
Debt	2.05%
Other	0.23%

Debt Sector Allocation

Sector	Value
Cash Equivalent	63.12%
Corporate	30.43%
Government	6.22%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 18102024 Sovereign Bonds \| -	6%	₹1,032 Cr	10,350,000,000
182 DTB 27062025 Sovereign Bonds \| -	1%	₹195 Cr	2,000,000,000
India (Republic of) - \| -	1%	₹188 Cr	2,000,000,000 ↑ 2,000,000,000
India (Republic of) - \| -	1%	₹173 Cr	1,750,000,000
7.52% GJ Sdl 08/03/2025 Sovereign Bonds \| -	1%	₹100 Cr	1,000,000,000
364 DTB Sovereign Bonds \| -	0%	₹49 Cr	500,000,000
CORPORATE DEBT MARKET DEVT FUND - A2 UNITS Investment Fund \| -	0%	₹43 Cr	39,382
08.05 GJ Sdl 2025feb Sovereign Bonds \| -	0%	₹20 Cr	200,000,000
Net Current Assets Net Current Assets \| -	8%	₹1,490 Cr
Indian Bank Certificate of Deposit \| -	2%	₹466 Cr	5,000,000,000 ↑ 5,000,000,000

2. 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 6.8% since its launch. Ranked 7 in Money Market category. Return for 2024 was 7.8% , 2023 was 7.4% and 2022 was 4.8% .

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 (25 Mar 25)	₹362.074 ↑ 0.05 (0.01 %)
Net Assets (Cr)	₹26,752 on 28 Feb 25
Category	Debt - Money Market
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Low
Expense Ratio	0.34
Sharpe Ratio	3.48
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.6%
Effective Maturity	6 Months 22 Days
Modified Duration	6 Months 22 Days

Growth of 10,000 investment over the years.

Date	Value
29 Feb 20	₹10,000
28 Feb 21	₹10,606
28 Feb 22	₹11,030
28 Feb 23	₹11,608
29 Feb 24	₹12,498
28 Feb 25	₹13,455

Aditya Birla Sun Life Money Manager Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 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 25 Mar 25

Duration	Returns
1 Month	0.6%
3 Month	1.9%
6 Month	3.7%
1 Year	7.7%
3 Year	6.9%
5 Year	6.5%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.8%
2022	7.4%
2021	4.8%
2020	3.8%
2019	6.6%
2018	8%
2017	7.9%
2016	6.8%
2015	7.7%
2014	8.4%

Fund Manager information for Aditya Birla Sun Life Money Manager Fund

Name	Since	Tenure
Kaustubh Gupta	15 Jul 11	13.64 Yr.
Anuj Jain	22 Mar 21	3.95 Yr.
Mohit Sharma	1 Apr 17	7.92 Yr.
Dhaval Joshi	21 Nov 22	2.28 Yr.

Data below for Aditya Birla Sun Life Money Manager Fund as on 28 Feb 25

Asset Allocation

Asset Class	Value
Cash	96.26%
Debt	3.5%
Other	0.24%

Debt Sector Allocation

Sector	Value
Cash Equivalent	62.05%
Corporate	31.12%
Government	6.59%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 13032025 Sovereign Bonds \| -	2%	₹647 Cr	65,000,000
91 DTB 10042025 Sovereign Bonds \| -	2%	₹634 Cr	64,000,000
91 Days Tbill Sovereign Bonds \| -	2%	₹494 Cr	50,000,000
07.38% MP Sdl 2025 Sovereign Bonds \| -	2%	₹466 Cr	46,500,000
7.59% Govt Stock 2026 Sovereign Bonds \| -	1%	₹232 Cr	23,000,000 ↑ 23,000,000
08.16 KA Sdl 2025 Sovereign Bonds \| -	1%	₹182 Cr	18,000,000
08.14 KA Sdl 2025 Sovereign Bonds \| -	0%	₹131 Cr	13,000,000
07.89 GJ Sdl 2025 Sovereign Bonds \| -	0%	₹100 Cr	10,000,000
5.32% State Government Securities Sovereign Bonds \| -	0%	₹99 Cr	10,000,000 ↑ 10,000,000
06.05 AS Sdl 2025 Sovereign Bonds \| -	0%	₹91 Cr	9,134,900 ↑ 9,134,900

3. 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 7.1% since its launch. Ranked 17 in Money Market category. Return for 2024 was 7.7% , 2023 was 7.4% and 2022 was 4.7% .

Below is the key information for ICICI Prudential Money Market Fund

ICICI Prudential Money Market Fund Growth
Launch Date	9 Mar 06
NAV (25 Mar 25)	₹371.198 ↑ 0.05 (0.01 %)
Net Assets (Cr)	₹25,882 on 28 Feb 25
Category	Debt - Money Market
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.32
Sharpe Ratio	2.95
Information Ratio	0
Alpha Ratio	0
Min Investment	500
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.48%
Effective Maturity	7 Months 23 Days
Modified Duration	7 Months 6 Days

Growth of 10,000 investment over the years.

Date	Value
29 Feb 20	₹10,000
28 Feb 21	₹10,579
28 Feb 22	₹10,981
28 Feb 23	₹11,547
29 Feb 24	₹12,429
28 Feb 25	₹13,374

ICICI Prudential Money Market Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 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 25 Mar 25

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.7%
3 Year	6.9%
5 Year	6.3%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.7%
2022	7.4%
2021	4.7%
2020	3.7%
2019	6.2%
2018	7.9%
2017	7.7%
2016	6.7%
2015	7.7%
2014	8.3%

Fund Manager information for ICICI Prudential Money Market Fund

Name	Since	Tenure
Manish Banthia	12 Jun 23	1.72 Yr.
Nikhil Kabra	3 Aug 16	8.58 Yr.

Data below for ICICI Prudential Money Market Fund as on 28 Feb 25

Asset Allocation

Asset Class	Value
Cash	96.82%
Debt	2.93%
Other	0.24%

Debt Sector Allocation

Sector	Value
Cash Equivalent	48.16%
Corporate	41.22%
Government	10.38%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
364 DTB 06032025 Sovereign Bonds \| -	3%	₹947 Cr	95,000,000
India (Republic of) - \| -	1%	₹398 Cr	40,000,000
182 DTB 13032025 Sovereign Bonds \| -	1%	₹373 Cr	37,500,000
364 DTB Sovereign Bonds \| -	1%	₹250 Cr	25,000,000
364 DTB 13032025 Sovereign Bonds \| -	1%	₹224 Cr	22,500,000
08.08 Ts SDL 2025 Sovereign Bonds \| -	1%	₹150 Cr	15,000,000
08.22 Tn SDL 2025dec Sovereign Bonds \| -	1%	₹147 Cr	14,500,000
08.20 GJ Sdl 2025dec Sovereign Bonds \| -	0%	₹142 Cr	14,000,000
08.08 Up SDL 2025feb Sovereign Bonds \| -	0%	₹140 Cr	14,000,000
07.38% MP Sdl 2025 Sovereign Bonds \| -	0%	₹138 Cr	13,738,600

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 7.1% since its launch. Ranked 47 in Money Market category. Return for 2024 was 7.7% , 2023 was 7.3% and 2022 was 4.4% .

Below is the key information for Franklin India Savings Fund

Franklin India Savings Fund Growth
Launch Date	11 Feb 02
NAV (25 Mar 25)	₹49.0721 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹2,599 on 28 Feb 25
Category	Debt - Money Market
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.27
Sharpe Ratio	3.09
Information Ratio	0
Alpha Ratio	0
Min Investment	10,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.47%
Effective Maturity	7 Months 2 Days
Modified Duration	6 Months 18 Days

Growth of 10,000 investment over the years.

Date	Value
29 Feb 20	₹10,000
28 Feb 21	₹10,548
28 Feb 22	₹10,938
28 Feb 23	₹11,470
29 Feb 24	₹12,333
28 Feb 25	₹13,265

Franklin India Savings Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 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 25 Mar 25

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.7%
3 Year	6.8%
5 Year	6.1%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.7%
2022	7.3%
2021	4.4%
2020	3.6%
2019	6%
2018	8.5%
2017	7.5%
2016	7.2%
2015	8.1%
2014	8.3%

Fund Manager information for Franklin India Savings Fund

Name	Since	Tenure
Rahul Goswami	6 Oct 23	1.4 Yr.
Rohan Maru	10 Oct 24	0.39 Yr.
Chandni Gupta	30 Apr 24	0.84 Yr.

Data below for Franklin India Savings Fund as on 28 Feb 25

Asset Allocation

Asset Class	Value
Cash	80.23%
Debt	19.54%
Other	0.24%

Debt Sector Allocation

Sector	Value
Cash Equivalent	53.46%
Corporate	27.64%
Government	18.66%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 19062025 Sovereign Bonds \| -	8%	₹220 Cr	22,500,000
HDFC Bank Ltd. Debentures \| -	7%	₹186 Cr	4,000
364 DTB 28082025 Sovereign Bonds \| -	2%	₹59 Cr	6,151,200
5.22% Govt Stock 2025 Sovereign Bonds \| -	2%	₹50 Cr	5,000,000
Corporate Debt Market Development Fund Class A2 Investment Fund \| -	0%	₹6 Cr	5,772
364 DTB 22012026 Sovereign Bonds \| -	0%	₹3 Cr	316,500 ↑ 316,500
Canara Bank Certificate of Deposit \| -	5%	₹140 Cr	3,000
Small Industries Development Bank Of India (04-Feb-2026) ** Net Current Assets \| -	4%	₹116 Cr	2,500 ↑ 2,500
Indian Bank Certificate of Deposit \| -	4%	₹100 Cr	2,000
Bank Of Baroda Certificate of Deposit \| -	4%	₹98 Cr	2,000

5. 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 6.7% since its launch. Ranked 30 in Money Market category. Return for 2024 was 7.7% , 2023 was 7.4% and 2022 was 4.8% .

Below is the key information for Tata Money Market Fund

Tata Money Market Fund Growth
Launch Date	22 May 03
NAV (25 Mar 25)	₹4,619.89 ↑ 0.75 (0.02 %)
Net Assets (Cr)	₹28,157 on 28 Feb 25
Category	Debt - Money Market
AMC	Tata Asset Management Limited
Rating	☆☆☆
Risk	Low
Expense Ratio	0
Sharpe Ratio	3.15
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.45%
Effective Maturity	7 Years 9 Months
Modified Duration	7 Years 8 Months 26 Days

Growth of 10,000 investment over the years.

Date	Value
29 Feb 20	₹10,000
28 Feb 21	₹10,594
28 Feb 22	₹11,022
28 Feb 23	₹11,595
29 Feb 24	₹12,480
28 Feb 25	₹13,428

Tata Money Market Fund SIP 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 25 Mar 25

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.7%
3 Year	6.9%
5 Year	6.4%
10 Year
15 Year
Since launch	6.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.7%
2022	7.4%
2021	4.8%
2020	3.9%
2019	6.4%
2018	8.1%
2017	-0.1%
2016	6.7%
2015	7.6%
2014	8.3%

Fund Manager information for Tata Money Market Fund

Name	Since	Tenure
Amit Somani	16 Oct 13	11.38 Yr.

Data below for Tata Money Market Fund as on 28 Feb 25

Asset Allocation

Asset Class	Value
Cash	87.41%
Debt	12.36%
Other	0.23%

Debt Sector Allocation

Sector	Value
Corporate	42.59%
Cash Equivalent	41.12%
Government	16.06%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 01052025 Sovereign Bonds \| -	3%	₹800 Cr	81,000,000 ↓ -13,500,000
5.22% Govt Stock 2025 Sovereign Bonds \| -	3%	₹747 Cr	75,000,000 ↑ 9,000,000
182 DTB 19062025 Sovereign Bonds \| -	2%	₹709 Cr	72,500,000
06.03 RJ Sdl 2025 Sovereign Bonds \| -	2%	₹640 Cr	64,000,000
182 DTB 12062025 Sovereign Bonds \| -	2%	₹588 Cr	60,000,000 ↑ 7,500,000
08.30 RJ Sdl 2026 Sovereign Bonds \| -	2%	₹532 Cr	52,500,000 ↑ 52,500,000
National Bank for Agriculture and Rural Development Domestic Bonds \| -	2%	₹467 Cr	10,000
364 DTB 29012026 Sovereign Bonds \| -	1%	₹188 Cr	20,000,000 ↑ 20,000,000
364 DTB 12022026 Sovereign Bonds \| -	1%	₹188 Cr	20,000,000 ↑ 20,000,000
182 DTB 10042025 Sovereign Bonds \| -	0%	₹124 Cr	12,500,000

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 7.3% since its launch. Ranked 27 in Money Market category. Return for 2024 was 7.8% , 2023 was 7.4% and 2022 was 5% .

Below is the key information for Nippon India Money Market Fund

Nippon India Money Market Fund Growth
Launch Date	16 Jun 05
NAV (25 Mar 25)	₹4,059.67 ↑ 0.51 (0.01 %)
Net Assets (Cr)	₹16,856 on 28 Feb 25
Category	Debt - Money Market
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Low
Expense Ratio	0.37
Sharpe Ratio	2.85
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.63%
Effective Maturity	8 Months 20 Days
Modified Duration	8 Months 2 Days

Growth of 10,000 investment over the years.

Date	Value
29 Feb 20	₹10,000
28 Feb 21	₹10,553
28 Feb 22	₹10,967
28 Feb 23	₹11,557
29 Feb 24	₹12,435
28 Feb 25	₹13,381

Nippon India Money Market Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 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 25 Mar 25

Duration	Returns
1 Month	0.6%
3 Month	1.9%
6 Month	3.7%
1 Year	7.7%
3 Year	7%
5 Year	6.3%
10 Year
15 Year
Since launch	7.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.8%
2022	7.4%
2021	5%
2020	3.8%
2019	6%
2018	8.1%
2017	7.9%
2016	6.6%
2015	7.6%
2014	8.3%

Fund Manager information for Nippon India Money Market Fund

Name	Since	Tenure
Kinjal Desai	16 Jul 18	6.63 Yr.
Vikash Agarwal	14 Sep 24	0.46 Yr.

Data below for Nippon India Money Market Fund as on 28 Feb 25

Asset Allocation

Asset Class	Value
Cash	92.7%
Debt	7.05%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	43.78%
Cash Equivalent	42.58%
Government	13.39%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 08052025 Sovereign Bonds \| -	2%	₹291 Cr	29,500,000 ↓ -500,000
07.38% MP Sdl 2025 Sovereign Bonds \| -	2%	₹275 Cr	27,500,000
182 DTB 05062025 Sovereign Bonds \| -	1%	₹245 Cr	25,000,000
05.91 KL Sdl 2025 Sovereign Bonds \| -	1%	₹200 Cr	20,000,000
India (Republic of) - \| -	1%	₹149 Cr	15,000,000
364 DTB Sovereign Bonds \| -	1%	₹114 Cr	11,500,000
AU Small Finance Bank Ltd. Debentures \| -	1%	₹93 Cr	2,000 ↑ 2,000
08.42 JH Sdl 2026 Sovereign Bonds \| -	1%	₹91 Cr	9,000,000
05.95 Tn SDL 2025 Sovereign Bonds \| -	0%	₹80 Cr	8,000,000
182 Days Tbill Red 23-05-2025 Sovereign Bonds \| -	0%	₹69 Cr	7,000,000

7. 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 7.1% since its launch. Ranked 19 in Money Market category. Return for 2024 was 7.7% , 2023 was 7.3% and 2022 was 4.9% .

Below is the key information for Kotak Money Market Scheme

Kotak Money Market Scheme Growth
Launch Date	14 Jul 03
NAV (25 Mar 25)	₹4,393.84 ↑ 0.72 (0.02 %)
Net Assets (Cr)	₹27,943 on 28 Feb 25
Category	Debt - Money Market
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.35
Sharpe Ratio	2.91
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.57%
Effective Maturity	8 Months 8 Days
Modified Duration	8 Months 8 Days

Growth of 10,000 investment over the years.

Date	Value
29 Feb 20	₹10,000
28 Feb 21	₹10,518
28 Feb 22	₹10,922
28 Feb 23	₹11,497
29 Feb 24	₹12,367
28 Feb 25	₹13,306

Kotak Money Market Scheme SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 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 25 Mar 25

Duration	Returns
1 Month	0.6%
3 Month	1.9%
6 Month	3.7%
1 Year	7.7%
3 Year	6.9%
5 Year	6.1%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.7%
2022	7.3%
2021	4.9%
2020	3.7%
2019	5.7%
2018	8%
2017	7.7%
2016	6.7%
2015	7.7%
2014	8.4%

Fund Manager information for Kotak Money Market Scheme

Name	Since	Tenure
Deepak Agrawal	1 Nov 06	18.34 Yr.
Manu Sharma	1 Nov 22	2.33 Yr.

Data below for Kotak Money Market Scheme as on 28 Feb 25

Asset Allocation

Asset Class	Value
Cash	85.66%
Debt	14.08%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	42.07%
Cash Equivalent	41.25%
Government	16.42%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 15052025 Sovereign Bonds \| -	2%	₹492 Cr	50,000,000
364 DTB 29012026 Sovereign Bonds \| -	2%	₹471 Cr	50,000,000
364 Days Tbill Red 05-02-2026 Sovereign Bonds \| -	2%	₹470 Cr	50,000,000 ↑ 50,000,000
364 DTB 04122025 Sovereign Bonds \| -	1%	₹380 Cr	40,000,000
Indusind Bank Ltd. Debentures \| -	1%	₹372 Cr	40,000 ↑ 40,000
5.22% Govt Stock 2025 Sovereign Bonds \| -	1%	₹349 Cr	35,000,000
364 DTB 12022026 Sovereign Bonds \| -	1%	₹282 Cr	30,000,000 ↑ 30,000,000
182 DTB 01052025 Sovereign Bonds \| -	1%	₹222 Cr	22,500,000
08.29 MH Sdl 2025 Sovereign Bonds \| -	1%	₹210 Cr	20,788,100
08.23 GJ Sdl 2025 Sovereign Bonds \| -	1%	₹202 Cr	20,000,000

8. 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% since its launch. Ranked 41 in Money Market category. Return for 2024 was 7.7% , 2023 was 7.3% and 2022 was 4.7% .

Below is the key information for HDFC Money Market Fund

HDFC Money Market Fund Growth
Launch Date	18 Nov 99
NAV (25 Mar 25)	₹5,593.01 ↑ 0.93 (0.02 %)
Net Assets (Cr)	₹27,399 on 28 Feb 25
Category	Debt - Money Market
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Low
Expense Ratio	0.41
Sharpe Ratio	2.77
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	300
Exit Load	NIL
Yield to Maturity	0.74%
Effective Maturity	8 Months 26 Days
Modified Duration	8 Months 7 Days

Growth of 10,000 investment over the years.

Date	Value
29 Feb 20	₹10,000
28 Feb 21	₹10,605
28 Feb 22	₹11,022
28 Feb 23	₹11,588
29 Feb 24	₹12,461
28 Feb 25	₹13,403

HDFC Money Market Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 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 25 Mar 25

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.7%
3 Year	6.8%
5 Year	6.4%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.7%
2022	7.3%
2021	4.7%
2020	3.8%
2019	6.5%
2018	8.1%
2017	7.4%
2016	6.5%
2015	7.5%
2014	8.3%

Fund Manager information for HDFC Money Market Fund

Name	Since	Tenure
Praveen Jain	30 Aug 24	0.5 Yr.
Dhruv Muchhal	22 Jun 23	1.69 Yr.

Data below for HDFC Money Market Fund as on 28 Feb 25

Asset Allocation

Asset Class	Value
Cash	90.83%
Debt	8.93%
Other	0.24%

Debt Sector Allocation

Sector	Value
Corporate	45.69%
Cash Equivalent	40.69%
Government	13.38%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
364 DTB 13032025 Sovereign Bonds \| -	2%	₹548 Cr	55,000,000
182 DTB 05062025 Sovereign Bonds \| -	1%	₹343 Cr	35,000,000
5.22% Govt Stock 2025 Sovereign Bonds \| -	1%	₹299 Cr	30,000,000
182 DTB 27062025 Sovereign Bonds \| -	1%	₹293 Cr	30,000,000
364 Days Tbill Red 05-02-2026 Sovereign Bonds \| -	1%	₹235 Cr	25,000,000 ↑ 25,000,000
364 DTB 12022026 Sovereign Bonds \| -	1%	₹235 Cr	25,000,000 ↑ 25,000,000
AU Small Finance Bank Ltd. Debentures \| -	1%	₹232 Cr	5,000 ↑ 5,000
07.38% MP Sdl 2025 Sovereign Bonds \| -	1%	₹200 Cr	20,000,000
08.06 AP Sdl 2025 Sovereign Bonds \| -	1%	₹150 Cr	15,000,000
182 DTB 27022025 Sovereign Bonds \| -	1%	₹150 Cr	15,000,000

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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.