The table below shows Top Performing Money Market Funds in 1 Year based on AUM, NAV, and Minimum SIP.
| Name | AUM Cr | NAV | Minimum SIP Rs |
| SBI Savings Fund | 29,357.76 | 41.65 | 1,500.00 |
| Aditya Birla SL Money Manager Fund | 26,499.23 | 351.03 | 100.00 |
| HDFC Money Market Fund | 23,661.02 | 5,458.18 | 100.00 |
| Kotak Money Market Fund | 21,765.03 | 4,245.28 | 100.00 |
| Tata Money Market Fund | 21,693.41 | 4,499.92 | 100.00 |
| ICICI Pru Money Market Fund | 21,652.61 | 359.65 | 100.00 |
| Nippon India Money Market Fund | 16,109.66 | 3,935.72 | 100.00 |
| UTI Money Market Fund | 14,308.33 | 2,922.14 | 500.00 |
| Axis Money Market Fund | 12,947.57 | 1,351.63 | 12,000.00 |
| Bandhan Money Manager Fund | 6,059.09 | 40.86 | 100.00 |
Introduction to Top Performing Money Market Funds in 1 Year
SBI Savings Fund
SBI Savings Fund is a Money Market Fund with an AUM of ₹29,357.76 Crores, a 5-year CAGR of 6.02%, and an expense ratio of 0.25%, with no exit load.
SBI Savings Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. The fund’s asset allocation comprises 100% in Debt and a specific percentage in Cash, with no allocation in Equity, reflecting a conservative investment approach focused on fixed-income securities.
Aditya Birla SL Money Manager Fund
Aditya Birla SL Money Manager Fund is a Money Market Fund with an AUM of ₹26,499.23 Crores, a 5-year CAGR of 6.16%, and an expense ratio of 0.22%, with no exit load.
Aditya Birla Sun Life Money Manager Fund Direct Growth is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 23 Dec 1994. This fund’s asset allocation is 94.9% in Debt and 5.1% in Cash, with no investment in Equity, indicating a strong focus on fixed-income instruments and liquidity management.
HDFC Money Market Fund
HDFC Money Market Fund is a Money Market Fund with an AUM of ₹23,661.02 Crores, a 5-year CAGR of 6.11%, and an expense ratio of 0.23%, with no exit load.
HDFC Money Market Fund Direct Plan-Growth is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. The fund’s asset allocation features 100% in Debt, with a specific percentage in Cash and no Equity allocation, emphasizing a strategy centered around fixed-income securities for stability.
Kotak Money Market Fund
Kotak Money Market Fund is a Money Market Fund with an AUM of ₹21,765.03 Crores, a 5-year CAGR of 5.89%, and an expense ratio of 0.23%, with no exit load.
Kotak Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 05 Aug 1994. The fund’s asset allocation consists of 97.3% in Debt and 2.7% in Cash, with no Equity investment, reflecting a conservative strategy focused on fixed-income stability and liquidity.
Tata Money Market Fund
Tata Money Market Fund is a Money Market Fund with an AUM of ₹21,693.41 Crores, a 5-year CAGR of 6.19%, and an expense ratio of 0.15%, with no exit load.
Tata Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 30 Jun 1995. This fund allocates 99.1% to Debt and 0.9% to Cash, with no Equity holdings, indicating a strong emphasis on fixed-income securities and minimal cash reserves for liquidity.
ICICI Pru Money Market Fund
ICICI Pru Money Market Fund is a Money Market Fund with an AUM of ₹21,652.61 Crores, a 5-year CAGR of 6.00%, and an expense ratio of 0.21%, with no exit load.
ICICI Prudential Money Market Direct Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. The fund’s asset allocation features 96.7% in Debt and 3.3% in Cash, with no investment in Equity, showcasing a conservative approach prioritizing fixed-income instruments and liquidity management.
Nippon India Money Market Fund
Nippon India Money Market Fund is a Money Market Fund with an AUM of ₹16,109.66 Crores, a 5-year CAGR of 6.04%, and an expense ratio of 0.25%, with no exit load.
Nippon India Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. The fund’s asset allocation consists entirely of Debt at 100%, with a specific percentage in Cash and no Equity investment, emphasizing a conservative strategy focused on fixed-income securities.
UTI Money Market Fund
UTI Money Market Fund is a Money Market Fund with an AUM of ₹14,308.33 Crores, a 5-year CAGR of 5.99%, and an expense ratio of 0.19%, with no exit load.
UTI Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. This fund allocates 95.1% to Debt and 4.9% to Cash, with no Equity holdings, indicating a focus on fixed-income investments while maintaining a small cash reserve for liquidity.
Axis Money Market Fund
Axis Money Market Fund is a Money Market Fund with an AUM of ₹12,947.57 Crores, a 5-year CAGR of 6.11%, and an expense ratio of 0.13%, with no exit load.
Axis Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. The fund is fully allocated to Debt at 100%, with no investment in Cash or Equity, reflecting a strategy centered on fixed-income securities for maximum stability.
Bandhan Money Manager Fund
Bandhan Money Manager Fund is a Money Market Fund with an AUM of ₹6,059.09 Crores, a 5-year CAGR of 5.82%, and an expense ratio of 0.10%, with no exit load.
Bandhan Money Manager Fund Direct Growth is a Debt Mutual Fund Scheme launched by Bandhan Mutual Fund. This scheme was made available to investors on 20 Dec 1999. The asset allocation for this fund includes 90.3% in Debt and 9.7% in Cash, with no Equity investment, highlighting a conservative approach prioritizing fixed income and liquidity.
What Are Money Market Funds?
Money Market Funds are mutual funds that invest in short-term debt instruments, such as Treasury bills and commercial paper. They aim to provide liquidity and preserve capital while offering modest returns, making them a low-risk investment option for conservative investors.
Features Of Top Performing Money Market Funds in 1 Year
The main features of top-performing Money Market Funds in 1 year are distinguished by high liquidity, minimal risk, and consistent returns. These funds typically have low expense ratios and are backed by high-credit-rated instruments, ensuring reliable performance even during uncertain market conditions.
- High Liquidity
Money market funds prioritize liquidity by investing in short-term debt instruments, ensuring that investors can access their funds quickly, typically within one business day, making them ideal for short-term cash management needs.
- Minimal Risk
These funds invest in high-credit-rated securities, reducing the risk of default. This conservative investment approach ensures safety for investors seeking capital preservation over high returns.
- Consistent Returns
While returns are generally lower compared to equity funds, top-performing money market funds offer stable, predictable returns, making them a preferred choice for risk-averse investors looking for predictable income.
- Low Expense Ratio
Money market funds usually have lower management fees compared to other funds, which enhances net returns for investors over time, maximizing the value of their investment without high overhead costs.
Best Performing Money Market Funds in 1 Year In India
The table below shows the Best Performing Money Market Funds in 1 Year In India based on Expense Ratio and Minimum SIP.
| Name | Expense Ratio | Minimum SIP Rs |
| Bandhan Money Manager Fund | 0.10 | 100.00 |
| Axis Money Market Fund | 0.13 | 12,000.00 |
| Franklin India Money Market Fund | 0.14 | 500.00 |
| Tata Money Market Fund | 0.15 | 100.00 |
| UTI Money Market Fund | 0.19 | 500.00 |
| HSBC Money Market Fund | 0.20 | 500.00 |
| ICICI Pru Money Market Fund | 0.21 | 100.00 |
| Aditya Birla SL Money Manager Fund | 0.22 | 100.00 |
| Bajaj Finserv Money Market Fund | 0.22 | 100.00 |
| HDFC Money Market Fund | 0.23 | 100.00 |
Top Performing Money Market Funds in 1 Year
The table below shows Top Performing Money Market Funds in 1 Year based on CAGR 3Y and Minimum SIP.
| Name | CAGR 3Y % | Minimum SIP Rs |
| Tata Money Market Fund | 6.42 | 100.00 |
| Nippon India Money Market Fund | 6.35 | 100.00 |
| Aditya Birla SL Money Manager Fund | 6.34 | 100.00 |
| Axis Money Market Fund | 6.32 | 12,000.00 |
| UTI Money Market Fund | 6.30 | 500.00 |
| HDFC Money Market Fund | 6.28 | 100.00 |
| Kotak Money Market Fund | 6.27 | 100.00 |
| ICICI Pru Money Market Fund | 6.24 | 100.00 |
| SBI Savings Fund | 6.24 | 1,500.00 |
| Bandhan Money Manager Fund | 6.17 | 100.00 |
Top Performing Money Market Funds in 1 Year List
The table below shows the Top Performing Money Market Funds in 1 Year based on Exit Load and AMC.
| Name | AMC | Exit Load % |
| Tata Money Market Fund | Tata Asset Management Private Limited | 0.00 |
| Axis Money Market Fund | Axis Asset Management Company Ltd. | 0.00 |
| Aditya Birla SL Money Manager Fund | Aditya Birla Sun Life AMC Limited | 0.00 |
| Nippon India Money Market Fund | Nippon Life India Asset Management Limited | 0.00 |
| Mirae Asset Money Market Fund | Mirae Asset Investment Managers (India) Private Limited | 0.00 |
| Kotak Money Market Fund | Kotak Mahindra Asset Management Company Limited | 0.00 |
| SBI Savings Fund | SBI Funds Management Limited | 0.00 |
| HDFC Money Market Fund | HDFC Asset Management Company Limited | 0.00 |
| ICICI Pru Money Market Fund | ICICI Prudential Asset Management Company Limited | 0.00 |
| UTI Money Market Fund | UTI Asset Management Company Private Limited | 0.00 |
Factors To Consider When Investing In Top Performing Money Market Funds in 1 Year
The main factors to consider when investing in top-performing money market funds include liquidity, credit quality, expense ratio, and interest rate sensitivity. These aspects help investors assess the safety, returns, and overall performance of money market funds, guiding informed decisions to optimize their investments.
- Liquidity
Ensure the fund offers easy access to your money. Top-performing funds provide liquidity within a day, making them suitable for short-term financial goals or emergency funds.
- Credit Quality
Check the credit rating of the fund’s underlying securities. Higher credit ratings mean lower risk, ensuring that your principal remains safe while earning interest.
- Expense Ratio
A lower expense ratio translates to higher net returns for investors. Compare top-performing funds to identify those with minimal management fees, maximizing your earnings.
- Interest Rate Sensitivity
Money market funds are sensitive to interest rate changes. Evaluate how a fund’s returns fluctuate with interest rates to choose one that aligns with your risk tolerance.
How To Invest In Top Performing Money Market Funds in 1 Year?
Investing In Top Performing Money Market Funds in 1 Year is simple through a broker, bank, or directly from a mutual fund company. Assess your financial goals, compare fund performances, and initiate an investment based on your liquidity needs, risk tolerance, and expected returns over the short term.
Advantages Of Investing In Top Performing Money Market Funds in 1 Year
The main advantages of investing in Top Performing Money Market Funds in 1 Year include liquidity, capital preservation, minimal risk, and stable returns. These features make money market funds an attractive option for conservative investors who seek safety, income, and quick access to funds.
- Liquidity
Money market funds offer quick access to cash, typically within one business day, making them suitable for emergency funds or short-term financial goals requiring easy availability of capital.
- Capital Preservation
These funds invest in low-risk, high-credit-quality securities, which ensures that your principal investment is protected while earning modest interest over time.
- Minimal Risk
Compared to other investment options, money market funds carry minimal risk as they are invested in stable, short-term instruments that minimize volatility.
- Stable Returns
While not offering high returns, money market funds provide consistent and predictable earnings, which appeal to investors seeking steady income with little fluctuation.
Risks Of Investing In Top Performing Money Market Funds in 1 Year
The main risks of investing in top performing money market funds in 1 year include interest rate fluctuations, low returns, inflation risk, and liquidity fees. Although these funds are considered safe, understanding potential downsides is crucial for managing expectations and aligning investment strategies.
- Interest Rate Risk
Money market fund returns may decrease if interest rates decline, affecting the income generated. Investors should consider interest rate trends when evaluating performance.
- Low Returns
While money market funds are low-risk, their returns are typically lower than other investment options like equities or bond funds, which may not meet higher return expectations.
- Inflation Risk
Money market fund returns may not keep pace with inflation, potentially eroding the real value of your investment over time, especially during periods of high inflation.
- Liquidity Fees
Some funds may impose liquidity fees or redemption restrictions during periods of market stress, limiting access to your funds when you need them most.
Importance of Money Market Funds
The importance of Money Market Funds lies in liquidity, safety, portfolio diversification, and ease of access. These funds play a critical role in providing investors with a stable investment option that balances cash flow management and capital preservation.
- Liquidity
Money market funds provide high liquidity, ensuring that investors can access their funds quickly, making them a vital component for managing short-term financial needs.
- Safety
These funds focus on capital preservation by investing in low-risk, high-credit-quality securities, ensuring that investors’ money remains secure with minimal risk of loss.
- Portfolio Diversification
Money market funds offer a safe haven during market volatility, allowing investors to diversify their portfolios by allocating a portion of their assets to low-risk investments.
- Ease of Access
These funds are easy to invest in, making them accessible for both novice and experienced investors. They are also widely available through banks, brokers, and mutual fund platforms.
How Long to Stay Invested in Money Market Funds?
Money market funds are typically designed for short-term investment, ideally less than a year. They are ideal for parking funds temporarily or for investors looking for immediate liquidity without exposing themselves to market volatility.
For longer-term goals, money market funds may not offer sufficient returns to outpace inflation. Therefore, they are best suited for short-term objectives like emergency savings, pending large purchases, or as part of a diversified cash management strategy.
Tax Implications of Investing in Money Market Funds
Money market fund returns are taxed as regular income, based on your income tax bracket. These returns are typically in the form of dividends, which are taxed according to applicable rules. For investors in higher tax brackets, this can reduce net gains.
If sold within three years, any capital gains from money market funds are subject to short-term capital gains tax, which is taxed at your marginal income tax rate. Longer holding periods may offer a more favorable tax treatment, depending on applicable laws.
Future of Money Market Funds
The future of money market funds depends largely on economic conditions and interest rate movements. As a low-risk investment, they will likely remain a popular choice for conservative investors, especially during times of economic uncertainty or market volatility.
However, rising inflation and potential regulatory changes could impact their returns and structure. Investors may need to weigh the balance between risk and returns while considering the evolving role of money market funds in diversified investment portfolios.
Top Performing Money Market Funds in 1 Year FAQs
A Money Market Fund is a mutual fund that invests in short-term, high-quality debt securities to provide liquidity, capital preservation, and modest returns for conservative investors.
Top Performing Money Market Funds in 1 Year #1: SBI Savings Fund
Top Performing Money Market Funds in 1 Year #2: Aditya Birla SL Money Manager Fund
Top Performing Money Market Funds in 1 Year #3: HDFC Money Market Fund
Top Performing Money Market Funds in 1 Year #4: Kotak Money Market Fund
Top Performing Money Market Funds in 1 Year #5: Tata Money Market Fund
Top Performing Money Market Funds in 1 Year based on AUM.
The best performing Money Market Funds in 1 Year based on 3-year returns are Tata, Nippon India, Aditya Birla SL, Axis, and UTI Money Market Funds provide strong returns, stability, and liquidity, making them ideal low-risk investment options for conservative investors.
Yes, investing in top-performing money market funds can be beneficial for short-term goals, offering high liquidity, low risk, and stable returns, making them ideal for conservative investors.
The three types of money market funds are Treasury funds, government funds, and prime funds. Each type varies in its risk profile and the specific securities it invests in.
To Invest In Top Performing Money Market Funds in 1 Year start by comparing fund performance, credit quality, and expense ratios, then purchase through a broker, bank, or directly via mutual fund platforms, based on your financial goals and liquidity needs.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
