Tata Money Market Fund
Tata Mutual Fund · Best Money Market Mutual Funds
This is the Regular plan of Tata Money Market Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed daily and reinvested in more units, which is why this NAV sits below the growth plan of the same fund.
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
NAV history
Scorecard
★★★☆☆3/5 vs 65 of 71 Money Market Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Money Market Fund (same plan and option). 65 of the 71 Money Market Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR -0.01% · ranks 46 of 71 Money Market Funds
Volatility 0.2% vs 1.4% category avg
Expense ratio not available yet
8% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Less volatile than its Money Market Fund peers (0.2% vs 1.4%)
Concerns
- 1-year return (-0.04%) trails the Money Market Fund average (+1.00%)
- 3-year return (-0.01%) trails the Money Market Fund average (+2.02%)
- 5-year return (-0.01%) trails the Money Market Fund average (+1.66%)
- Positive in only 8% of rolling 3-year windows
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Money Market Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Money Market Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -0.04% | +0.02% | -0.06% |
| 3M abs | +0.04% | +0.52% | -0.48% |
| 6M abs | -0.04% | +0.67% | -0.71% |
| 1Y CAGR | -0.04% | +1.00% | -1.04% |
| 3Y CAGR | -0.01% | +2.02% | -2.03% |
| 5Y CAGR | -0.01% | +1.66% | -1.67% |
Category average across peers in Money Market Fund (70 of 71 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 71 peers in Money Market Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
233 overlapping 1Y windows, sampled monthly across the fund’s history.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Tata Money Market Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | -0.04% | |
| 2025 | 0.00% | |
| 2024 | 0.00% | |
| 2023 | 0.00% | |
| 2022 | 0.00% | |
| 2021 | 0.00% | |
| 2020 | 0.00% | |
| 2019 | +5.27% | |
| 2018 | -5.01% | |
| 2017 | 0.00% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -6.6%22 Dec 2011 → 29 Oct 2018
Fell over 6.9 years, back to the old high on 31 Mar 2024 — 5.4 years under water after the low.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹9.65Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Tata in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Tata Mutual Fund lifts curbs on investment in gold ETFs
BusinessLine · 3h ago
Tata Mutual Fund resumes subscription for large investors in gold ETF, removes lumpsum limits for Gold ETF
The Economic Times · 7h ago
Gold ETF Inflow Curbs Lifted: HDFC, Axis, And Tata Mutual Funds Reopen Subscriptions
Outlook Money · 8h ago
Tata Mutual Fund resumes subscriptions to Tata Gold ETF, Gold ETF FOF
Moneycontrol.com · 9h ago
Tata Mutual Fund resumes large-investor Gold ETF subscriptions as bullion heads for third weekly gain
Moneycontrol.com · 9h ago
Gold and silver returns in 2026: Key growth drivers and right allocation strategy for long-term investors
livemint.com · 4d ago
Gold or silver in 2026? Tata MF says keep 70% in gold, 30% in silver
Business Standard · 4d ago
Gold vs silver: Why Tata MF prefers a 70:30 allocation despite silver’s long-term potential
Business Today · 6d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Debt funds
Debt funds lend money to governments and companies and earn interest. They're generally steadier than equity funds; their risk comes from interest-rate moves and, for some, the creditworthiness of borrowers.
Frequently asked questions
What is the NAV of Tata Money Market Fund?
As of 20 Aug 2026, the NAV of Tata Money Market Fund is ₹1,114.09 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Tata Money Market Fund delivered?
Tata Money Market Fund has returned -0.04% over 1 year, -0.01% per year over 3 years, -0.01% per year over 5 years and -0.00% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What are the top holdings of Tata Money Market Fund?
Its largest holdings are 91 DAYS T-BILL - 24SEP2026 (4.4%), AXIS BANK LIMITED CD 26NOV26 (4.1%), HDFC BANK LIMITED CD 05MAR27 (3.8%), KOTAK MAHINDRA BANK LIMITED CD 04FEB27 (3.6%) and YES BANK LIMITED CD 05MAR27 (3.4%). Holdings are disclosed monthly and change over time.
How risky is Tata Money Market Fund?
It is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.2% and its worst peak-to-trough fall in our sample was -6.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Tata Money Market Fund?
Tata Money Market Fund is benchmarked against the CRISIL Money Market A-I Index. Its alpha and beta on this page are measured against that index.
Who manages Tata Money Market Fund?
Tata Money Market Fund is managed by Amit Somani and Harsh Dave at Tata.
How is Tata Money Market Fund taxed?
Tata Money Market Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.