Tata Money Market Fund Direct Growth

Fund Overview

Fund Size

₹24,751 Cr

Expense Ratio

0.15%

ISIN

INF277K01PR6

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

Tata Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Tata Mutual Fund. This fund has been in existence for 12 years and 21 days, having been launched on 01-Jan-13.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹4638.23, Assets Under Management (AUM) of 24751.04 Crores, and an expense ratio of 0.15%.

Tata Money Market Fund Direct Growth has given a CAGR return of 6.70% since inception.
The fund's asset allocation comprises around 0.00% in equities, 17.73% in debts, and 82.04% in cash & cash equivalents.
You can start investing in Tata Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.98%

+6.69% (Cat Avg.)

3 Years

+6.95%

+6.14% (Cat Avg.)

5 Years

+6.28%

+5.49% (Cat Avg.)

10 Years

+6.20%

+5.73% (Cat Avg.)

Since Inception

+6.70%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Debt	₹4,387.34 Cr	17.73%
Others	₹20,363.7 Cr	82.27%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Net Current Liabilities	Cash - Collateral	₹-1,654.26 Cr	6.68%
Cd - Union Bank Of India - 02/04/25	Bond - Corporate Bond	₹957.12 Cr	3.87%
Canara Bank	Cash - CD/Time Deposit	₹841.08 Cr	3.40%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹817.36 Cr	3.30%
Canara Bank	Cash - CD/Time Deposit	₹800.84 Cr	3.24%
Axis Bank Ltd.	Bond - Corporate Bond	₹705.43 Cr	2.85%
Bharti Telecom Limited	Cash - Commercial Paper	₹656.93 Cr	2.65%
5.22% Govt Stock 2025	Bond - Gov't/Treasury	₹655.45 Cr	2.65%
Punjab National Bank	Cash - CD/Time Deposit	₹646.1 Cr	2.61%
06.03 RJ Sdl 2025	Bond - Gov't/Treasury	₹639.33 Cr	2.58%
Export-Import Bank Of India	Cash - Commercial Paper	₹619.95 Cr	2.50%
Canara Bank	Cash - CD/Time Deposit	₹605.92 Cr	2.45%
LIC Housing Finance Limited	Cash - Commercial Paper	₹566.01 Cr	2.29%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹545.96 Cr	2.21%
182 DTB 01052025	Bond - Gov't/Treasury	₹538.22 Cr	2.17%
HDFC Bank Limited	Cash - CD/Time Deposit	₹512.5 Cr	2.07%
182 DTB 12062025	Bond - Gov't/Treasury	₹509.87 Cr	2.06%
Indian Bank	Cash - CD/Time Deposit	₹495.67 Cr	2.00%
National Bank for Agriculture and Rural Development	Cash - CD/Time Deposit	₹494.29 Cr	2.00%
National Bank For Agriculture And Rural Development	Cash - Commercial Paper	₹493.11 Cr	1.99%
Bank Of Baroda	Cash - CD/Time Deposit	₹487.64 Cr	1.97%
HDFC Bank Limited	Cash - CD/Time Deposit	₹467.18 Cr	1.89%
HDFC Bank Ltd.	Cash - CD/Time Deposit	₹445.57 Cr	1.80%
Punjab National Bank	Cash - CD/Time Deposit	₹443.87 Cr	1.79%
Axis Bank Limited	Cash - CD/Time Deposit	₹371.24 Cr	1.50%
HDFC Credila Financial Services Private Limited	Cash - Commercial Paper	₹371.22 Cr	1.50%
Bank Of Baroda	Cash - CD/Time Deposit	₹370 Cr	1.49%
Punjab National Bank	Cash - CD/Time Deposit	₹347.5 Cr	1.40%
HDFC Bank Limited	Cash - CD/Time Deposit	₹345.61 Cr	1.40%
Punjab National Bank	Cash - CD/Time Deposit	₹343.58 Cr	1.39%
LIC Housing Finance Ltd.	Cash - Commercial Paper	₹340.57 Cr	1.38%
Muthoot Finance Limited	Cash - Commercial Paper	₹339.04 Cr	1.37%
Shriram Transport Finance Company Limited	Cash - Commercial Paper	₹322.95 Cr	1.30%
182 DTB 10042025	Bond - Gov't/Treasury	₹304.51 Cr	1.23%
Barclays Investments & Loans (India) Private Limited	Cash - Commercial Paper	₹296.14 Cr	1.20%
Aditya Birla Finance Limited	Cash - Commercial Paper	₹295.86 Cr	1.20%
Bank Of Baroda	Cash - CD/Time Deposit	₹272.99 Cr	1.10%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹271.86 Cr	1.10%
IIFL Home Finance Limited	Cash - Commercial Paper	₹248.27 Cr	1.00%
Bank Of Baroda	Cash - CD/Time Deposit	₹247.1 Cr	1.00%
AU Small Finance Bank Ltd.	Bond - Corporate Bond	₹232.14 Cr	0.94%
Equitas Small Finance Bank Limited	Cash - CD/Time Deposit	₹224.11 Cr	0.91%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹223.35 Cr	0.90%
Ujjivan Small Finance Bank Limited	Cash - CD/Time Deposit	₹222.39 Cr	0.90%
Bank Of India	Cash - CD/Time Deposit	₹222.3 Cr	0.90%
182 Days Tbill Red 23-05-2025	Bond - Gov't/Treasury	₹199.83 Cr	0.81%
Kisetsu Saison Financial India Private Limited	Cash - Commercial Paper	₹199.33 Cr	0.81%
Punjab National Bank	Cash - CD/Time Deposit	₹198.53 Cr	0.80%
Motilal Oswal Finvest Limited	Cash - Commercial Paper	₹198.24 Cr	0.80%
Tata Teleservices Ltd	Cash - Commercial Paper	₹198.19 Cr	0.80%
Aditya Birla Finance Limited	Cash - Commercial Paper	₹197.96 Cr	0.80%
Axis Securities Limited	Cash - Commercial Paper	₹197.6 Cr	0.80%
Piramal Housing Finance Limited	Cash - Commercial Paper	₹197.54 Cr	0.80%
Indian Bank	Cash - CD/Time Deposit	₹197.33 Cr	0.80%
182 DTB 19062025	Bond - Gov't/Treasury	₹194 Cr	0.78%
Standard Chartered Investments And Loans (India) Limited	Cash - Commercial Paper	₹193.81 Cr	0.78%
PNb Housing Finance Limited	Cash - Commercial Paper	₹189.18 Cr	0.76%
Julius Baer Capital (India) Private Limited	Cash - Commercial Paper	₹185.84 Cr	0.75%
Muthoot Fincorp Limited	Cash - Commercial Paper	₹172.48 Cr	0.70%
Deutsche Investments India Private Limited	Cash - Commercial Paper	₹149.16 Cr	0.60%
Icici Securities Limited	Cash - Commercial Paper	₹149.13 Cr	0.60%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹148.08 Cr	0.60%
The Federal Bank Limited	Cash - CD/Time Deposit	₹147.96 Cr	0.60%
HDFC Bank Limited	Cash - CD/Time Deposit	₹147.94 Cr	0.60%
Julius Baer Capital (India) Private Limited	Cash - Commercial Paper	₹124.76 Cr	0.50%
Piramal Enterprises Limited	Cash - Commercial Paper	₹124.17 Cr	0.50%
Nuvama Wealth Finance Ltd	Cash - Commercial Paper	₹115.35 Cr	0.47%
Nuvama Wealth And Investment Ltd	Cash - Commercial Paper	₹115.08 Cr	0.46%
7.52% GJ Sdl 08/03/2025	Bond - Gov't/Treasury	₹100.17 Cr	0.40%
Union Bank of India	Cash - CD/Time Deposit	₹99.4 Cr	0.40%
Piramal Housing Finance Limited	Cash - Commercial Paper	₹99.35 Cr	0.40%
182 DTB 27022025	Bond - Gov't/Treasury	₹99 Cr	0.40%
Bank of Baroda	Cash - CD/Time Deposit	₹98.92 Cr	0.40%
Bank Of India	Cash - CD/Time Deposit	₹98.91 Cr	0.40%
Kotak Securities Limited	Cash - Commercial Paper	₹98.8 Cr	0.40%
IDBI Bank Ltd	Bond - Gov't Agency Debt	₹98.49 Cr	0.40%
Union Bank Of India	Cash - CD/Time Deposit	₹98.49 Cr	0.40%
Kotak Mahindra Bank Ltd.	Cash - CD/Time Deposit	₹98.46 Cr	0.40%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹96.81 Cr	0.39%
08.18 CG Sdl 2025	Bond - Gov't/Treasury	₹96.76 Cr	0.39%
Sundaram Home Finance Limited	Cash - Commercial Paper	₹96.58 Cr	0.39%
Canara Bank	Cash - CD/Time Deposit	₹93.47 Cr	0.38%
Credila Financial Services Ltd - Cp - 03/12/2025	Cash - Commercial Paper	₹92.7 Cr	0.37%
Canara Bank	Cash - CD/Time Deposit	₹73.86 Cr	0.30%
182 DTB 15052025	Bond - Gov't/Treasury	₹73.21 Cr	0.30%
Nuvama Wealth Management Ltd	Cash - Commercial Paper	₹69 Cr	0.28%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹64.46 Cr	0.26%
SBIMF AIF - CAT I (CDMDF)27/10/2038	Mutual Fund - Open End	₹58.82 Cr	0.24%
Kotak Mahindra Bank Ltd.	Cash - CD/Time Deposit	₹49.77 Cr	0.20%
Canara Bank	Cash - CD/Time Deposit	₹49.67 Cr	0.20%
HDFC Bank Limited	Cash - CD/Time Deposit	₹49.67 Cr	0.20%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹49.45 Cr	0.20%
Bharti Telecom Limited	Cash - Commercial Paper	₹49.43 Cr	0.20%
Bajaj Finance Limited	Cash - Commercial Paper	₹49.3 Cr	0.20%
Bank Of India	Cash - CD/Time Deposit	₹49.3 Cr	0.20%
08.06 Tn SDL 2025	Bond - Gov't/Treasury	₹35.06 Cr	0.14%
LIC Housing Finance Limited	Cash - Commercial Paper	₹24.69 Cr	0.10%
08.08 KA Sdl 2025	Bond - Gov't/Treasury	₹22.27 Cr	0.09%
182 DTB 24042025	Bond - Gov't/Treasury	₹17.56 Cr	0.07%
08.07 Gj Sdl 2025mar	Bond - Gov't/Treasury	₹16.8 Cr	0.07%
08.08 HR Sdl 2025	Bond - Gov't/Treasury	₹10.51 Cr	0.04%
05.77 GJ Sdl 2025 02 Feb	Bond - Gov't/Treasury	₹9.99 Cr	0.04%
182 DTB 18102024	Bond - Gov't/Treasury	₹9.89 Cr	0.04%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹4.96 Cr	0.02%
C) Repo	Cash - Repurchase Agreement	₹1.67 Cr	0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹12,704.64 Cr	51.33%
Cash - Commercial Paper	₹8,114.54 Cr	32.78%
Bond - Gov't/Treasury	₹3,532.44 Cr	14.27%
Bond - Corporate Bond	₹1,894.69 Cr	7.66%
Cash - Collateral	₹-1,654.26 Cr	6.68%
Bond - Gov't Agency Debt	₹98.49 Cr	0.40%
Mutual Fund - Open End	₹58.82 Cr	0.24%
Cash - Repurchase Agreement	₹1.67 Cr	0.01%

Risk & Performance Ratios

Fund Managers

Amit Somani

Since October 2013

Additional Scheme Detailsas of 31st December 2024

ISIN

INF277K01PR6

Expense Ratio

0.15%

Exit Load

No Charges

Fund Size

₹24,751 Cr

Age

12 years

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Money Market B-I TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Money Market Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Edelweiss Money Market Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹1232.92 Cr	7.0%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹172.67 Cr	7.5%
Union Money Market Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹172.67 Cr	6.7%
TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹82.02 Cr	7.6%
TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹82.02 Cr	7.4%
LIC MF Money Market Fund Direct Growth Low Risk	0.6%	0.0%	₹21.98 Cr	6.5%
LIC MF Money Market Fund Regular Growth Low Risk	1.0%	0.0%	₹21.98 Cr	6.0%
Tata Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹24751.04 Cr	7.7%
Franklin India Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹2373.75 Cr	7.6%
HDFC Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹24760.61 Cr	7.7%

About the AMC

Tata Mutual Fund

+91 22 6657 8282

https://www.tatamutualfund.com/

Total AUM

₹1,82,564 Cr

Address

Mafatlal Centre, 9th Floor, Mumbai, 400 021

Other Funds by Tata Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata Silver ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹73.94 Cr	24.2%
Tata Gold ETF Fund of Fund Direct Growth High Risk	0.2%	0.0%	₹129.17 Cr	25.8%
Tata Fixed Maturity Plan Series 56 Scheme G Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Fixed Maturity Plan Series 56 Scheme H Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Fixed Maturity Series E Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Balanced Advantage Fund Direct Growth High Risk	0.4%	1.0%	₹10217.18 Cr	9.6%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3961.05 Cr	7.8%
Tata Business Cycle Fund Direct Growth Very High Risk	0.5%	1.0%	₹2867.21 Cr	11.7%
Tata Nifty India Digital ETF Fund of Fund Direct Growth Very High Risk	0.1%	1.0%	₹108.16 Cr	17.1%
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60: 40 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹863.07 Cr	8.4%
Tata Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹167.76 Cr	8.2%
Tata Small Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹9699.24 Cr	23.6%
Tata Large & Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹8244.62 Cr	11.3%
Tata Mid Cap Growth Fund Direct Growth Very High Risk	0.7%	1.0%	₹4529.49 Cr	14.5%
Tata Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹4098.59 Cr	11.3%
Tata Ethical Fund Direct Growth Very High Risk	0.7%	0.0%	₹3291.77 Cr	9.2%
Tata Gilt Securities Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1079.82 Cr	9.4%
Tata Equity P/E Fund Direct Growth Very High Risk	0.8%	1.0%	₹8591.82 Cr	15.2%
Tata Infrastructure Fund Direct Growth Very High Risk	1.1%	0.0%	₹2330.85 Cr	10.7%
Tata Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2327.19 Cr	7.9%
Tata Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹24751.04 Cr	8.0%
Tata Equity Savings Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹233.29 Cr	11.1%
Tata Young Citizens Fund Direct Growth Very High Risk	1.9%	1.0%	₹361.58 Cr	8.0%
Tata Liquid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹23173.10 Cr	7.4%
Tata Large Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹2414.91 Cr	10.8%
Tata Retirement Savings Moderate Fund Direct Growth Very High Risk	0.6%	1.0%	₹2182.42 Cr	16.4%
Tata Retirement Savings Conservative Fund Direct Growth Moderately High risk	1.0%	1.0%	₹174.42 Cr	9.4%
Tata Short Term Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹2735.94 Cr	8.3%
Tata Retirement Savings Progressive Fund Direct Growth Very High Risk	0.5%	1.0%	₹2121.63 Cr	17.5%
Tata Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹2790.52 Cr	8.8%
Tata India Consumer Fund Direct Growth Very High Risk	0.7%	0.0%	₹2475.28 Cr	17.4%
Tata Digital India Fund Direct Growth Very High Risk	0.4%	0.0%	₹12962.64 Cr	19.9%
Tata Banking & Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹2344.96 Cr	9.1%
Tata Resources & Energy Fund Direct Growth Very High Risk	0.6%	0.0%	₹1025.52 Cr	12.1%
Tata India Pharma & Healthcare Fund Direct Growth Very High Risk	0.7%	0.0%	₹1287.45 Cr	29.5%
TATA Nifty G-SEC Dec 2029 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹180.56 Cr	8.7%
Tata Multi Asset Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹3489.96 Cr	13.6%
Tata Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹2902.18 Cr	12.2%
Tata Dividend Yield Fund Direct Growth Very High Risk	0.7%	1.0%	₹966.53 Cr	8.0%
Tata Housing Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹566.57 Cr	5.6%
Tata Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹12674.72 Cr	8.2%
Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹207.53 Cr	7.0%
Tata Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹3944.57 Cr	6.7%
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹725.32 Cr	12.9%
Tata CRISIL IBX Gilt Index-April 2026 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1031.39 Cr	7.5%
Tata Multicap Fund Direct Growth Very High Risk	0.5%	1.0%	₹3156.80 Cr	6.6%
Tata Treasury Advantage Fund Segregated Portfolio 1 Direct Growth Low to Moderate Risk	-	0.0%	-	154.6%
Tata Medium Term Fund Segregated Portfolio 1 Direct Growth Moderate Risk	-	1.0%	-	187.2%
Tata Corporate Bond Fund Segregated Portfolio 1 Direct Growth Moderate Risk	-	0.0%	-	116.5%
TATA Nifty G-Sec Dec 2026 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹106.74 Cr	7.8%

Risk Level

Your principal amount will be at Low to Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of Tata Money Market Fund Direct Growth?

The NAV of Tata Money Market Fund Direct Growth, as of 21-Jan-2025, is ₹4638.23.

What are the returns of Tata Money Market Fund Direct Growth?

The fund has generated 7.98% over the last 1 year and 6.95% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Tata Money Market Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 17.73% in bonds, and 82.04% in cash and cash equivalents.

Who manages the Tata Money Market Fund Direct Growth?

The fund managers responsible for Tata Money Market Fund Direct Growth are:-

Amit Somani

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹24,751 Cr

Expense Ratio

0.15%

ISIN

INF277K01PR6

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Low to Moderate Risk