Top 5 money market funds based on 1-year returns: Union Money Market Fund leads with over 6% return
Livemint·July 7, 2026
Money market funds invest in money market instruments with a maturity of up to 1 year. Based on one-year performance, Union Money Market Fund has emerged as the best-performing scheme in the category with a 6.63% return, followed by LIC MF Money Market Fund and Bank of India Money Market Fund.
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