SBI Money Market Fund Direct Plan Growth

SBI Money Market Fund Direct Plan Growth

Debt

SBI Mutual Fund

Money Market

Get the latest NAV of SBI Money Market Fund Direct Plan Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹47.98

NAV as on 03 Sep 2026

7.49%/per year

Since Inception

Absolute Gain%

▲▼

634 people have invested ₹ 1.6Cr in SBI Money Market Fund in the last three months

SBI Money Market Fund Performance vs. Money Market Index

Fund returns vs Benchmark returns vs Category Average returns as on (03-Sep-26)

The fund has consistently outperformed the benchmark (Money Market Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.68%
2.25%
3.48%
6.5%
7.38%
6.64%
Money Market Index
0.7%
1.91%
2.98%
5.59%
5.99%
5.48%
Money Market Avg
0.6%
2.11%
3.32%
6.25%
6.99%
6.28%
Best in Money Market
0.74%
2.31%
3.78%
6.84%
7.57%
6.83%
Worst in Money Market
0.66%
1.96%
3.13%
6.44%
6.84%
6.44%
Category Rank
18/21
16/18
9/18
7/18
7/13
--

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
SBI Money Market Fund
19/22
33,895Cr
0.26%
6.5%
7.38%
0.15
1.48
1.69
4.58
1.89
Franklin India Money Market Fund
1/22
4,205Cr
0.14%
6.62%
7.45%
0.22
1.48
1.79
5.05
2.04
Tata Money Market Fund
2/22
34,138Cr
0.18%
6.74%
7.59%
0.36
1.46
2.10
6.45
3.06
LIC MF Money Market Fund
3/22
4,332Cr
0.16%
6.75%
6.86%
-0.31
1.41
0.73
1.86
-0.42
See all

SBI Money Market Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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SBI Money Market Fund Asset Allocation

See fund asset allocation details as on (15-Aug-26)

Fund Distribution

as on (15-Aug-26)

AAA
100%
Cash allocation has gone down from 80.2% to 80.2%
Cash allocation has gone down from 80.2% to 80.2%
Debt allocation has gone up from 19.5% to 19.5%
Debt allocation has gone up from 19.5% to 19.5%

SBI Money Market Fund Sector Allocation

See fund sector allocation details as on (15-Aug-26)

Sector Allocation

Cash Equivalent
44%
Corporate
41.5%
Government
14.5%

Top 2 Sectors in July were Corporate, Government

Jul'26

Corporate

46%

Government

23%

Jun'26

Corporate

46%

Government

24%

SBI Money Market Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.26%
Benchmark
CRISIL Money Market TR INR
AUM₹33895 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
247.99%
Risk
Risk meter
pointer
Low to Moderate Risk

About SBI Money Market Fund

SBI Money Market Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sankalp Jain, Rajeev Radhakrishnan. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Money Market Fund has ₹33895 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

SBI Money Market Fund has given a CAGR return of 7.49% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.50%, 7.38% and 6.64% respectively.

Holdings

SBI Money Market Fund has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are ICICI Bank Ltd, National Bank For Financing Infrastructure And Development, LIC Housing Finance Ltd, Day Tbill, Canara Bank

Taxation

As it is a money market mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of SBI Money Market Fund

To provide the investors an opportunity to invest in money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. SBI Money Market Fund has no lock in period.

Fund Manager

Sankalp Jain

Fund Manager of SBI Money Market Fund, since 1 July 2026

Rajeev Radhakrishnan

Fund Manager of SBI Money Market Fund, since 1 December 2023

Learn more about SBI Mutual Fund
Parameters
Jul'26
Jun'26
May'26
AUM
₹ 33.9K Cr
₹ 33K Cr
₹ 34.3K Cr
  • AUM of the fund stands at 33.9K Cr as of Jul'26
  • AUM increased by 889.1 Cr between Jul'26 and Jun'26

Frequently Asked Questions for SBI Money Market Fund Direct Plan Growth

How do I invest in SBI Money Market Fund?

INDmoney makes it simple to invest in the SBI Money Market Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘SBI Money Market Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of SBI Money Market Fund?

The NAV of the fund today is ₹47.98. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

SBI Money Market Fund fund has generated a return of 6.50% in 1 year, 7.38% in 3 years, 6.64% in 5 years.

Who is the fund manager of SBI Money Market Fund?

The fund managers are Sankalp Jain, Rajeev Radhakrishnan.

What is the expense ratio of the fund?

The expense ratio is 0.26%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹33895 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of SBI Money Market Fund?

The top 3 holdings of the fund are ICICI Bank Ltd(4.25%), National Bank For Financing Infrastructure And Development(4.12%), LIC Housing Finance Ltd(3.85%)