MoneyDock

Best Money Market Fund in 2026

Top performers by 3-year CAGR · Direct-Growth · NAV as of 11-Nov-2026

This list ranks the 23 money market fund on MoneyDock by their 3-year CAGR, computed from AMFI NAV history for the Direct-Growth plan. Tata Money Market Fund currently leads with +7.84%.

Returns measure past performance only and should be one input among many — also weigh expense ratio, risk, fund house track record and how the fund fits your goals. Past performance does not guarantee future results.

#Fund3Y CAGR ReturnNAV
1
Tata Mutual Fund logo
Tata Money Market Fund
+7.84%₹5,258.02
2
Aditya Birla Sun Life Mutual Fund logo
Aditya Birla Sun Life Money Market Fund
+7.77%₹409.27
3
Nippon India Mutual Fund logo
Nippon India Money Market Fund
+7.76%₹4,589.31
4
Franklin Templeton Mutual Fund logo
Franklin India Money Market Fund
+7.75%₹56.61
5
Mirae Asset Mutual Fund logo
Mirae Asset Money Market Fund
+7.75%₹1,393.84
6
Kotak Mahindra Mutual Fund logo
Kotak Money Market Fund
+7.73%₹4,948.85
7
UTI Mutual Fund logo
UTI - Money Market Fund
+7.73%₹3,406.5
8
Bajaj Finserv Mutual Fund logo
Bajaj Finserv Money Market Fund
+7.73%₹1,266.76
9
ICICI Prudential Mutual Fund logo
ICICI Prudential Money Market Fund
+7.71%₹419.17
10
Axis Mutual Fund logo
Axis Money Market Fund
+7.71%₹1,577.81
11
HDFC Mutual Fund logo
HDFC Money Market Fund
+7.71%₹6,363.33
12
Edelweiss Mutual Fund logo
Edelweiss Money Market Fund
+7.67%₹34.21
13
Bandhan Mutual Fund logo
Bandhan Money Market Fund
+7.66%₹47.69
14
Sundaram Mutual Fund logo
Sundaram Money Market Fund
+7.63%₹16.47
15
HSBC Mutual Fund logo
HSBC Money Market Fund
+7.61%₹30.2
16
Baroda BNP Paribas Mutual Fund logo
Baroda BNP Paribas Money Market Fund
+7.60%₹1,526.99
17
Invesco Mutual Fund logo
Invesco India Money Market Fund
+7.59%₹3,436.03
18
DSP Mutual Fund logo
DSP Money Market Fund
+7.57%₹59.19
19
Union Mutual Fund logo
Union Money Market Fund
+7.55%₹1,383.17
20
PGIM India Mutual Fund logo
PGIM India Money Market Fund
+7.53%₹1,488.77
21
SBI Mutual Fund logo
SBI Money Market Fund
+7.52%₹48.46
22
Trust Mutual Fund logo
Trustmf Money Market Fund
+7.50%₹1,335.64
23
LIC Mutual Fund logo
LIC MF Money Market Fund
+7.17%₹1,315.39

Frequently Asked Questions

Which is the best money market fund in 2026?

By 3-year CAGR, Tata Money Market Fund currently tops this list with +7.84%. Rankings are based on past NAV performance and refresh daily — they are not a recommendation.

How are these funds ranked?

Funds are ranked purely by their 3-year CAGR, computed from AMFI NAV history for the Direct-Growth plan. We rank over the longest period the available history supports and extend toward longer 1-, 3- and 5-year windows as more NAV data is collected. Past performance does not guarantee future results.

Are these Direct or Regular plans?

All returns shown are for the Direct-Growth plan, which carries no distributor commission and therefore has a lower expense ratio and typically higher long-term returns than the Regular plan.

Returns are computed from AMFI NAV history for the Direct-Growth plan and rank past performance only. This is not investment advice — mutual fund investments are subject to market risks; read all scheme-related documents carefully.