Which funds are similar to Tata Money Market Fund Direct-Growth?
Funds similar to Tata Money Market Fund Direct-Growth in the Debt: Money Market category include ICICI Prudential Money Market Direct-Growth, SBI Money Market Fund Direct-Growth, and HDFC Money Market Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Tata Money Market Fund Direct-Growth in its category?
On a 3-year return basis Tata Money Market Fund Direct-Growth is ranked 1 out of 23 funds in the Debt: Money Market category as of 12 Oct 2026. On a 5-year return basis it ranks 1 out of 20. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Tata Money Market Fund Direct-Growth's expense ratio compare to similar funds?
Tata Money Market Fund Direct-Growth has an expense ratio of 0.18%. The peers ICICI Prudential Money Market Direct-Growth has an expense ratio of 0.21% and SBI Money Market Fund Direct-Growth has 0.26%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Tata Money Market Fund Direct-Growth's AUM compare to similar funds?
Tata Money Market Fund Direct-Growth has an AUM of ₹31,689.6 crore. The peers ICICI Prudential Money Market Direct-Growth has an AUM of ₹31,009.6 crore and SBI Money Market Fund Direct-Growth has ₹27,850.3 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Money Market?
The top performing fund in the Debt: Money Market category on a 3-year basis is Axis Money Market Fund Direct-Growth with a CAGR of 7.44% as of 12 Oct 2026. Tata Money Market Fund Direct-Growth has delivered 7.51% CAGR over the same period, ranking 1 out of 23 funds. You can view and compare the full category ranking on sharpely.
How does Tata Money Market Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Tata Money Market Fund Direct-Growth has a Sharpe ratio of 3.15 compared to the Debt: Money Market average of 2.71 as of 12 Oct 2026. It ranks 1 out of 23 funds in its category on Sharpe ratio.
