GMP IPO Watch
Debt Scheme - Money Market Fund
SBI Money Market Fund
Regular Plan · IDCW · SBI Mutual Fund
Risk: Low to Moderate Risk
★★★★★
Morningstar
52W Low ₹13.81 4 Nov 2025
52W High ₹14.61 4 Nov 2026
₹14.6142
NAV as of 4 Nov 2026
+0.03% day change
Other Plans of This Fund
ISININF200KA1K20
Scheme Code114348
StructureOpen Ended Schemes
Fund HouseSBI Funds Management Limited
AUM (avg. July - September 2026)₹9.59 Cr
Expense Ratio (as of 3 Nov 2026)0.63%
Min. Investment₹2,000
Inception Date5 Jul 2004
BenchmarkNIFTY Money Market Index · NA
Portfolio Turnover247.99%
NFO Period05-Jul-2004 – 14-Jul-2004
Returns
1Y
+5.83%
3Y
+6.76%
5Y
+6.19%
7Y
+5.38%
10Y
+3.79%
Since Inception
+2.45%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.14% | +0.10% | 20 of 28 |
| 1M | +0.36% | +0.27% | 18 of 28 |
| 3M | +1.35% | +1.03% | 18 of 28 |
| 6M | +3.06% | +2.34% | 17 of 28 |
| YTD | +4.89% | +3.78% | 18 of 28 |
| 1Y | +5.83% | +4.39% | 17 of 26 |
| 2Y | +6.53% | +4.79% | 14 of 24 |
| 3Y | +6.76% | +5.03% | 13 of 24 |
| 5Y | +6.19% | +4.25% | 10 of 20 |
| 7Y | +5.38% | +3.89% | 9 of 17 |
| 10Y | +3.79% | +3.85% | 6 of 13 |
| INCEPTION | +2.45% | — | — |
Ranked among: Debt Scheme - Money Market Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.61% | +3.11% | -1.13% | 55% | 22% |
| 6M | +1.22% | +4.26% | -1.10% | 57% | 23% |
| 1Y | +2.44% | +7.95% | -0.83% | 64% | 26% |
| 2Y | +2.38% | +7.45% | -0.42% | 73% | 30% |
| 3Y | +2.29% | +7.16% | -0.26% | 81% | 33% |
| 5Y | +2.07% | +6.19% | -0.13% | 96% | 39% |
| 7Y | +1.93% | +5.38% | -0.09% | 100% | 40% |
| 10Y | +2.00% | +3.79% | +0.52% | 100% | 41% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt99.91%
- Cash0.09%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings88
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| 182T241226 | Money Market | 6.52% | +2.55% |
| ICICI Bank Ltd. | Money Market | 5.22% | +0.73% |
| National Bank for Financing Infrastructure and Development | Money Market | 5.06% | +0.71% |
| LIC Housing Finance Ltd. | Money Market | 4.03% | -0.04% |
| 182T311226 | Money Market | 3.54% | — |
| Union Bank of India | Money Market | 3.46% | +0.41% |
| Union Bank of India | Money Market | 3.43% | +0.48% |
| Punjab National Bank | Money Market | 3.40% | +0.40% |
| Jio Credit Ltd. | Money Market | 3.21% | +0.22% |
| Punjab National Bank | Money Market | 3.07% | +0.43% |
| IDBI Bank Ltd. | Money Market | 2.09% | +0.29% |
| Bank of Baroda | Money Market | 1.95% | -0.48% |
| JM Financial Properties & Holdings Ltd. | Money Market | 1.76% | +0.25% |
| HDFC Bank Ltd. | Money Market | 1.76% | — |
| Indian Bank | Money Market | 1.75% | +0.24% |
View all 90 holdings
| Cholamandalam Investment & Finance Co. Ltd. | Money Market | 1.74% | +0.24% |
| Kotak Mahindra Bank Ltd. | Money Market | 1.74% | +0.24% |
| Bank of Baroda | Money Market | 1.58% | +0.22% |
| Jio Credit Ltd. | Money Market | 1.56% | +0.06% |
| 182T121126 | Money Market | 1.43% | +0.20% |
| Small Industries Development Bank of India | Money Market | 1.40% | -1.16% |
| National Bank for Agriculture and Rural Development | Money Market | 1.32% | +0.18% |
| Bank of Baroda | Money Market | 1.30% | +0.18% |
| Muthoot Fincorp Ltd. | Money Market | 1.24% | +0.18% |
| Canara Bank | Money Market | 1.23% | +0.17% |
| Canara Bank | Money Market | 1.23% | +0.17% |
| Muthoot Finance Ltd. | Money Market | 1.22% | +0.17% |
| Canara Bank | Money Market | 1.20% | -1.34% |
| 7.52% State Government of Uttar Pradesh 2027 | Debt | 1.18% | +0.16% |
| Hero FinCorp Ltd. | Money Market | 1.05% | — |
| National Bank for Agriculture and Rural Development | Money Market | 1.05% | +0.14% |
| Axis Bank Ltd. | Money Market | 1.05% | +0.15% |
| Indian Overseas Bank | Money Market | 1.05% | +0.15% |
| Tata Teleservices (Maharastra) Ltd. | Money Market | 1.02% | — |
| Brookfield India Real Estate Trust | Money Market | 0.91% | — |
| Muthoot Fincorp Ltd. | Money Market | 0.88% | +0.12% |
| Equitas Small Finance Bank Ltd. | Money Market | 0.88% | +0.12% |
| Equitas Small Finance Bank Ltd. | Money Market | 0.88% | +0.12% |
| Pilani Investment & Industries Corporation Ltd. | Money Market | 0.87% | +0.12% |
| The Jammu & Kashmir Bank Ltd. | Money Market | 0.87% | +0.12% |
| Torrent Pharmaceuticals Ltd. | Money Market | 0.80% | +0.12% |
| Hero FinCorp Ltd. | Money Market | 0.71% | +0.10% |
| AFSL-30-11-26-CP | Money Market | 0.71% | +0.10% |
| Hero FinCorp Ltd. | Money Market | 0.71% | +0.10% |
| Bank of Baroda | Money Market | 0.71% | +0.10% |
| Sundaram Finance Ltd. | Money Market | 0.70% | -0.21% |
| Muthoot Finance Ltd. | Money Market | 0.70% | +0.10% |
| Toyota Financial Services India Ltd. | Money Market | 0.70% | +0.10% |
| Axis Bank Ltd. | Money Market | 0.70% | +0.09% |
| ICICI Bank Ltd. | Money Market | 0.70% | +0.10% |
| Small Industries Development Bank of India | Money Market | 0.70% | +0.10% |
| HDFC Bank Ltd. | Money Market | 0.70% | -0.65% |
| 364TB40327 | Money Market | 0.70% | -3.15% |
| AFSL-20-1-27-CP | Money Market | 0.61% | — |
| AFSL-5-2-27-CP | Money Market | 0.61% | — |
| JM Financial Services Ltd. | Money Market | 0.53% | +0.07% |
| TATA Capital Ltd. | Money Market | 0.52% | +0.07% |
| Motilal Oswal Financial Services Ltd. | Money Market | 0.52% | +0.07% |
| Godrej Housing Finance Ltd. | Money Market | 0.52% | +0.07% |
| Bank of Baroda | Money Market | 0.52% | +0.07% |
| National Bank for Agriculture and Rural Development | Money Market | 0.44% | +0.06% |
| Small Industries Development Bank of India | Money Market | 0.43% | +0.06% |
| Punjab National Bank | Money Market | 0.42% | +0.06% |
| HDFC Bank Ltd. | Money Market | 0.37% | -0.09% |
| DSP Finance Pvt. Ltd | Money Market | 0.36% | +0.05% |
| Bank of Baroda | Money Market | 0.36% | +0.05% |
| Muthoot Finance Ltd. | Money Market | 0.35% | +0.05% |
| AFSL-5-3-27-CP | Money Market | 0.35% | — |
| Canara Bank | Money Market | 0.35% | +0.05% |
| Canara Bank | Money Market | 0.35% | +0.05% |
| Canara Bank | Money Market | 0.35% | -1.15% |
| Corporate Debt Market Development Fund-A2 | CDMDF | 0.35% | +0.05% |
| Bajaj Auto Credit Ltd. | Money Market | 0.26% | — |
| 7.40% State Government of Jharkhand 2026 | Debt | 0.23% | +0.03% |
| SDL GJ 6.04% 2026 | Debt | 0.18% | +0.02% |
| Bank of Baroda | Money Market | 0.18% | +0.03% |
| National Bank for Agriculture and Rural Development | Money Market | 0.18% | +0.03% |
| Small Industries Development Bank of India | Money Market | 0.18% | +0.03% |
| ICICI Securities Ltd. | Debt | 0.17% | -0.43% |
| National Bank for Agriculture and Rural Development | Money Market | 0.17% | +0.02% |
| HDFC Bank Ltd. | Money Market | 0.17% | -0.13% |
| 7.40% State Government of Telangana 2026 | Debt | 0.16% | +0.02% |
| 7.39% State Government of Himachal Pradesh 2026 | Debt | 0.15% | +0.02% |
| 7.42% State Government of Assam 2026 | Debt | 0.14% | +0.02% |
| 7.25% State Government of Andhra Pradesh 2026 | Debt | 0.09% | +0.01% |
| 7.25% State Government of West Bengal 2026 | Debt | 0.09% | +0.01% |
| Small Industries Development Bank of India | Money Market | 0.09% | +0.01% |
| Union Bank of India | Money Market | 0.09% | +0.01% |
| TREPS | Reverse Repo / TREPS | 0.09% | — |
| Net Receivable / Payable | Derivatives | -0.32% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.51 | 0.76 | Low Volatility |
| 3Y | 0.41 | 0.68 | Low Volatility |
| 5Y | 0.39 | 0.66 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.08 | -7.24 | Above Average |
| 3Y | 1.78 | -3.16 | Above Average |
| 5Y | 0.75 | -7.03 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 27.09 | 22.97 | Above Average |
| 3Y | 52.22 | 42.69 | Above Average |
| 5Y | 44.16 | 33.34 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.38 | 1.43 | Good Risk Adjusted Returns |
| 3Y | 1.44 | 1.49 | Good Risk Adjusted Returns |
| 5Y | 1.49 | 1.52 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
LIC MF Money Market Fund
Direct Plan · Growth
|
+6.50% | +6.74% | — | +6.58% |
|
Axis Money Market Fund
Direct Plan · Growth Option
|
+6.47% | +7.38% | +6.82% | +6.44% |
|
Bajaj Finserv Money Market Fund
Direct Plan · Growth
|
+6.36% | +7.29% | — | +7.38% |
|
Mirae Asset Money Market Fund
Direct Plan · Growth
|
+6.30% | +7.32% | +6.66% | +6.50% |
|
JioBlackRock Money Market Fund
Direct Plan · Growth Option
|
+6.27% | — | — | +6.17% |
|
UTI - Money Market Fund
Regular Plan · Discontinued Growth
|
+6.27% | +7.03% | +6.38% | +6.89% |
|
Tata Money Market Fund
Regular Plan · Growth Option
|
+6.22% | +7.17% | +6.63% | +6.95% |
|
ICICI Prudential Money Market Fund - Cash Option
Regular Plan · Growth
|
+6.22% | +7.17% | +6.62% | +7.10% |
|
Sundaram Money Market Fund
Regular Plan · GROWTH
|
+6.21% | +7.07% | +6.46% | +6.20% |
|
HDFC Money Market Fund
Regular Plan · Growth Option
|
+6.19% | +7.12% | +6.57% | +7.30% |
More From SBI Funds Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
SBI Silver ETF Fund of Fund
Direct Plan · Growth
|
+26.44% | — | — | +34.72% |
|
SBI Silver ETF
Regular Plan · Growth
|
+26.42% | — | — | +34.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · Growth
|
+22.38% | — | — | +11.34% |
|
SBI HEALTHCARE OPPORTUNITIES FUND
Direct Plan · Growth
|
+19.90% | +25.12% | +19.50% | +18.09% |
|
SBI GOLD FUND
Direct Plan · IDCW
|
+16.75% | +30.91% | +23.28% | +10.52% |
|
SBI Gold ETF
Regular Plan · Growth
|
+16.74% | +30.67% | +23.17% | +12.71% |
|
SBI US Specific Equity Active FoF
Direct Plan · IDCW
|
+13.48% | +25.68% | +15.32% | +17.28% |
|
SBI MNC FUND
Direct Plan · Growth
|
+12.26% | +7.58% | +7.60% | +14.39% |
|
SBI CHILDREN'S FUND - SAVINGS PLAN
Direct Plan · Growth
|
+7.89% | +11.10% | +10.14% | +11.88% |
|
SBI Children's Fund - Investment Plan
Direct Plan · Growth
|
+7.83% | +20.32% | +17.52% | +30.91% |
About This Scheme
Investment Objective
The Objective of the Scheme is to provide investors an opportunity to earn returns that would be higher than the returns offered by comparable investments in debt and money market securities. The MIF FRP STP and MIF FRP LTP Plans endeavors to mitigate interest rate risk and seek to generate regular
Stated Asset Allocation
Money market instruments including CPs, CDs, Commercial Bills, T-Bills, Government(s) securities having an unexpired maturity up to one year, call or notice money, Usance bills, and Non-Convertible Debentures (NCDs) of orignal or initial maturity up to one year. 0%-100% Low
Fund Managers
Mr. Rajeev Radhakrishnan 01-Dec-2023
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
SBI Funds Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.