Money Market Funds: NAV & Returns

25 Money Market Fund schemes ranked by 1-year return, NAVs as of 4 Nov 2026. Direct plan, Growth option; each links to its full page with SIP values and the Direct vs Regular cost.

Category average, 1Y

+6.33%

3Y (a year)

+7.27%

5Y (a year)

+6.7%

Money Market Fund schemes by 1-year return

#NameNAV1Y3Y5Y
1Union Money Market FundUnion Mutual Fund1,380.09+6.56%+7.17%+6.54%
2Bandhan Money Market FundBandhan Mutual Fund47.59+6.43%+7.37%+6.75%
3LIC MF Money Market FundLIC Mutual Fund1,312.35+6.43%+6.77%—
4Tata Money Market FundTata Mutual Fund5,246.40+6.43%+7.47%+6.92%
5Axis Money Market FundAxis Mutual Fund1,574.39+6.41%+7.41%+6.83%
6Franklin India Money Market FundFranklin Templeton Mutual Fund56.49+6.4%+7.37%+6.72%
7Bank of India Money Market FundBank of India Mutual Fund11.27+6.39%——
8Edelweiss Money Market FundEdelweiss Mutual Fund34.14+6.38%+7.28%+6.54%
9Kotak Money Market FundKotak Mahindra Mutual Fund4,937.83+6.37%+7.34%+6.77%
10Aditya Birla Sun Life Money Market FundAditya Birla Sun Life Mutual Fund408.36+6.34%+7.36%+6.82%
11DSP Money Market FundDSP Mutual Fund59.05+6.33%+7.19%+6.53%
12HDFC Money Market FundHDFC Mutual Fund6,348.89+6.33%+7.33%+6.78%
13Sundaram Money Market FundSundaram Mutual Fund16.44+6.33%+7.25%+6.59%
14ICICI Prudential Money Market FundICICI Prudential Mutual Fund418.26+6.31%+7.33%+6.75%
15UTI - Money Market FundUTI Mutual Fund3,399.01+6.31%+7.33%+6.79%
16Bajaj Finserv Money Market FundBajaj Finserv Mutual Fund1,264.03+6.3%+7.32%—
17Baroda BNP Paribas Money Market FundBaroda BNP Paribas Mutual Fund1,523.50+6.29%+7.22%+6.52%
18Nippon India Money Market FundNippon India Mutual Fund4,578.82+6.29%+7.36%+6.83%
19TRUSTMF Money Market FundTrust Mutual Fund1,332.82+6.29%+7.13%—
20HSBC Money Market FundHSBC Mutual Fund30.13+6.28%+7.27%—
21Invesco India Money Market FundInvesco Mutual Fund3,428.44+6.27%+7.2%+6.54%
22Mirae Asset Money Market FundMirae Asset Mutual Fund1,390.58+6.24%+7.35%+6.67%
23JioBlackRock Money Market FundJio BlackRock Mutual Fund1,083.67+6.21%——
24SBI Money Market FundSBI Mutual Fund48.36+6.18%+7.26%+6.71%
25PGIM India Money Market FundPGIM India Mutual Fund1,485.64+6.15%+7.14%+6.67%

3Y and 5Y are compound annual returns. Ranking by past returns is not a recommendation.

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Frequently asked questions

Which Money Market Fund scheme had the highest 1-year return?

Of 25 Money Market Fund schemes (Direct plan, Growth option), Union Money Market Fund had the highest 1-year return, +6.56%, to 4 Nov 2026. Past returns do not indicate future returns.

What is the average return of Money Market Fund schemes?

+6.33% over 1 year, +7.27% a year over 3 years and +6.7% a year over 5 years, averaged across the schemes in the category.

NAVs from AMFI; index levels from NSE. Returns are past performance and do not indicate future returns. For information only; not investment advice.