Franklin India Money Market Fund vs Tata Money Market Fund
Franklin India Money Market Fund (Direct) and Tata Money Market Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Money Market Fund schemes — see the best money market mutual funds for the full ranking.
Head to head
NAVs as of 21 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 01 Jan 2013 – 21 Oct 2026, limited by Franklin India Money Market Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Franklin India Money Market Fund | Tata Money Market Fund |
|---|---|---|
| 01 Jan 2013 | ₹100.00 | ₹100.00 |
| 25 Feb 2014 | ₹110.60 | ₹110.74 |
| 21 Apr 2015 | ₹123.22 | ₹122.38 |
| 14 Jun 2016 | ₹135.69 | ₹133.96 |
| 08 Aug 2017 | ₹148.43 | ₹144.73 |
| 02 Oct 2018 | ₹160.27 | ₹154.27 |
| 27 Nov 2019 | ₹177.10 | ₹159.99 |
| 20 Jan 2021 | ₹189.16 | ₹171.48 |
| 16 Mar 2022 | ₹197.49 | ₹179.85 |
| 10 May 2023 | ₹210.57 | ₹192.56 |
| 03 Jul 2024 | ₹229.08 | ₹209.98 |
| 27 Aug 2025 | ₹250.29 | ₹229.59 |
| 21 Oct 2026 | ₹268.81 | ₹246.68 |
| Metric | Franklin Templeton · Direct NAV ₹56.35 Low risk ★★★★★ | Tata · Direct NAV ₹5,232.80 Low risk ★★★☆☆ | Category median Money Market Fund · 27 funds |
|---|---|---|---|
| +6.44% | +6.45% | +6.35% | |
| +7.34% | +7.44%Best in row | +7.30% | |
| +6.67% | +6.87%Best in row | +6.67% | |
| +6.76%Best in row | +6.03% | +6.70% | |
| +7.43% | +6.76% | +7.03% | |
| +7.13% | +7.25%Best in row | — | |
| +7.22%Best in row | +6.40% | +6.98% | |
| +7.02%Best in row | +6.07% | +6.70% | |
| +7.12%Best in row | +6.24% | +6.95% | |
| Risk | |||
| -1.16% | -6.57% | -0.77% | |
| 0.14%Best in row | 0.18% | 0.17% | |
| ₹4,068Cr | ₹33,960Cr | ₹4,368Cr | |
| ₹10.00K | ₹5.00K | — | |
| Rahul Goswami · 3y | Amit Somani · 13y | — | |
| 11 Feb 2002 | 30 Aug 1998 | — | |
| 2.7% | -1.1% | — | |
14 rows carry the same value for every fund — show
- Volatility
- 0.43%
- Sharpe
- —
- Sortino
- —
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Min SIP
- ₹500
- Portfolio turnover
- —
- Holdings
- —
- Top 10 weight
- —
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Franklin India Money Market Fund or Tata Money Market Fund?
Over the last 3 years, Tata Money Market Fund returned +7.44% CAGR against Franklin India Money Market Fund's +7.34%, computed from AMFI NAV history. Over 5 years: Franklin India Money Market Fund +6.67% vs Tata Money Market Fund +6.87% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Franklin India Money Market Fund or Tata Money Market Fund?
Franklin India Money Market Fund has the lower expense ratio: Franklin India Money Market Fund charges 0.14% a year against Tata Money Market Fund's 0.18%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Franklin India Money Market Fund or Tata Money Market Fund?
Franklin India Money Market Fund has shown higher volatility (+0.43% annualized vs Tata Money Market Fund's +0.43%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Franklin India Money Market Fund -0.12% vs Tata Money Market Fund -0.15%.
Which fund manages more money — Franklin India Money Market Fund or Tata Money Market Fund?
Tata Money Market Fund is the larger fund: Franklin India Money Market Fund manages ₹4,068Cr against Tata Money Market Fund's ₹33,960Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Franklin India Money Market Fund and Tata Money Market Fund in the same category?
Yes — both are Money Market Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.