Should I invest in Tata Money Market Fund?

We don't give personal investment advice. Tata Money Market Fund- Direct Plan- Growth Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 6.74%.

Tata

Tata Money Market Fund- Direct Plan- Growth Option

Latest NAV

₹5,149.6754

As of

17 Jul 2026

3,828 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.05%	+0.05%	+0.00	15 / 29	Q3
1W	+0.09%	+0.08%	+0.01	4 / 29	Q1
2W	+0.10%	+0.08%	+0.02	4 / 29	Q1
1M	+0.66%	+0.64%	+0.02	11 / 29	Q2
3M	+1.58%	+1.52%	+0.05	5 / 29	Q1
6M	+3.41%	+3.26%	+0.15	5 / 29	Q1
YTD	+3.53%	+3.42%	+0.11	3 / 28	Q1
1Y	+6.39%	+6.20%	+0.19	4 / 27	Q1
2Y	+7.39%	+7.16%	+0.23	1 / 25	Q1
3Y	+7.51%	+7.30%	+0.21	1 / 24	Q1
4Y	+7.42%	+7.17%	+0.25	1 / 22	Q1
5Y	+6.74%	+6.51%	+0.23	1 / 20	Q1
7Y	+6.53%	+6.28%	+0.25	1 / 17	Q1
10Y	+6.05%	+6.64%	-0.59	13 / 13	Q4
Inception	+6.77%	+6.66%	+0.11	17 / 29	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.53%	+3.44%	+0.09	3 / 27
2025	+7.64%	+7.47%	+0.17	1 / 24
2024	+7.92%	+7.65%	+0.28	1 / 24
2023	+7.64%	+7.34%	+0.29	1 / 23
2022	+5.06%	+4.77%	+0.29	3 / 20
2021	+4.11%	+3.78%	+0.34	1 / 18
2020	+6.52%	+5.90%	+0.63	4 / 18
2019	+8.18%	+8.28%	-0.10	5 / 16
2018	+0.02%	+7.07%	-7.06	14 / 14
2017	+6.70%	+6.48%	+0.23	8 / 14
2016	+7.60%	+7.92%	-0.31	12 / 13

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+6.70%

153 windows

min -0.4% · max 9.7%

99% positive

3-Year rolling

+6.38%

129 windows

min 4.2% · max 8.9%

100% positive

5-Year rolling

+6.06%

105 windows

min 4.7% · max 8.2%

100% positive

7-Year rolling

+5.99%

80 windows

min 5.4% · max 7.0%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.55%

3-year · annualised

Sharpe ratio

1.41

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.15%

May 2026 → May 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Money Market Fund

Scheme	Fund house	NAV	As of
HDFC Money Market Fund - Growth Option - Direct Plan	HDFC	₹6,234.1150	17 Jul 2026
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹2,643.5232	17 Jul 2026
SBI SAVINGS FUND - DIRECT PLAN - GROWTH	SBI	₹47.4913	17 Jul 2026
ICICI Prudential Money Market Fund Option - Direct Plan - Growth	ICICI Prudential	₹410.5996	17 Jul 2026
Invesco India Money Market Fund - Direct Plan - Growth	Invesco	₹3,365.9897	17 Jul 2026
Bandhan Money Market Fund -Direct Plan-Growth	Bandhan	₹46.7104	17 Jul 2026
Aditya Birla Sun Life Money Manager Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹400.7744	17 Jul 2026
Franklin India Money Market Fund - Direct - Growth	Franklin India	₹55.4232	17 Jul 2026
Mirae Asset Money Market Fund Direct Growth	Mirae Asset	₹1,365.2024	17 Jul 2026
Kotak Money Market Fund - (Growth) - Direct	Kotak	₹4,847.4755	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹5,149.6754
16 Jul 2026	₹5,146.9345
15 Jul 2026	₹5,145.1585
14 Jul 2026	₹5,144.0607
13 Jul 2026	₹5,146.7373
10 Jul 2026	₹5,145.1068
9 Jul 2026	₹5,144.2613
8 Jul 2026	₹5,141.5409
7 Jul 2026	₹5,143.6032
6 Jul 2026	₹5,146.1558

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Tata Money Market Fund- Direct Plan- Growth Option is ₹5,149.6754. It's a Money Market Fund from Tata, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Tata Money Market Fund- Direct Plan- Growth Option has NAV history starting from 01 Jan 2013, a track record of about 13 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Tata Money Market Fund- Direct Plan- Growth Option is managed by Tata. It's classified by AMFI under the 'Money Market Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Tata Money Market Fund- Direct Plan- Growth Option has delivered a absolute return of 6.39% — +0.19 pp ahead of the Money Market Fund category average of 6.20%. The fund ranks #4 of 27 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Tata Money Market Fund- Direct Plan- Growth Option has delivered a CAGR of 7.51% — +0.21 pp ahead of the Money Market Fund category average of 7.30%. The fund ranks #1 of 24 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Tata Money Market Fund- Direct Plan- Growth Option has delivered a CAGR of 6.74% — +0.23 pp ahead of the Money Market Fund category average of 6.51%. The fund ranks #1 of 20 in its category — the top (Q1) quartile.

₹1 lakh invested in Tata Money Market Fund- Direct Plan- Growth Option exactly 10 years ago would be worth approximately ₹179,919 today — a multiplier of 1.80×, based on the 10-year CAGR of 6.05%. The category average over the same window would have grown ₹1 lakh to ₹190,269.

A ₹10,000 monthly SIP in Tata Money Market Fund- Direct Plan- Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹720,821 today. That's an XIRR (money-weighted annualised return) of 7.27%.

A ₹10,000 monthly SIP for 10 years in Tata Money Market Fund- Direct Plan- Growth Option = ₹1,200,000 invested. It would currently be worth ₹1,669,103 (multiplier 1.39×). XIRR: 6.42%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Tata Money Market Fund- Direct Plan- Growth Option ranks #1 out of 20 funds in the Money Market Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 6.51%; this fund delivered 6.74%.

The worst peak-to-trough decline Tata Money Market Fund- Direct Plan- Growth Option has experienced over the last 5-year window is 0.25% — its NAV fell from a high on 02 May 2022 to a low on 06 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Tata Money Market Fund- Direct Plan- Growth Option averaged 6.06% (best 8.22%, worst 4.72%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.07 — weak risk-adjusted performance.

In calendar year 2025, Tata Money Market Fund- Direct Plan- Growth Option returned 7.64% — beating the Money Market Fund category average of 7.47% by 0.17 pp. It ranked #1 of 24 in its category that year.

Tata Money Market Fund- Direct Plan- Growth Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Tata Money Market Fund- Direct Plan- Growth Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 6.74%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Tata Money Market Fund- Direct Plan- Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Money Market Fund

Recent NAVs

Frequently asked questions

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