Money market mutual funds are one of the most popular types of investment in the community. The reason is, money market mutual funds promise a small risk so they are suitable if you want to play it safe.
Interestingly, money market mutual funds managed to maintain their stability at 1.68% in the first half of 2022. Meanwhile, other types of mutual funds were battered by the pandemic.
Well, if you're looking for a good money market mutual fund reference, we have the summary.
Come on, see the discussion!
Recommended Money Market Mutual Funds
Sucorinvest Sharia Money Market Fund
As the name suggests, Sucorinvest Sharia upholds sharia principles in managing existing funds.
As of July 2021, Sucorinvest Sharia has managed funds of IDR 792,771,200,600. The annual yield is 6.84%.
Sucorinvest money market itself has been awarded as the Best Asset Management Company in Southeast Asia from the Global Banking & Finance Review in January 2020.
Sucorinvest Money Market Fund
This money market was launched in October 2014, still under Sucor Asset Management.
Sucorinvest has managed funds amounting to Rp8,944,606,485,732. The annual yield is 6.77%. Meanwhile, the minimum investment amount is IDR 100,000.
Mutual Fund Mega Fund Cash
The investment manager of Mega Dana Kas is Mega Capital Investama. This money market was launched on September 11, 2006.
The net asset value per unit is 1,806.95. Meanwhile, its performance which has reached 0.01% per day, 0.41% per month, and 80.70% since its establishment makes Mega Dana Kas as a good money market mutual fund for invest.
Capital Money Market Fund
Capital Money was launched on 28 December 2015 with investment manager Capital Asset Management.
As of August 2021, the NAV value is IDR 1,424,6864. Meanwhile, as of July 2021, the AUM value is IDR 104,382,503,002, 66.
The return value for Capital Money is 0.44% per month and 5.19% per year.
Maybank Money Market Fund
Maybank Dana operates under Maybank Asset Management. This money market was launched on September 7, 2011.
Total managed funds reached Rp 241,837,004,345 with a yield of 6.16% per year.
Like the four previous money markets, the minimum investment in Maybank Dana is Rp. 100,000.
Mutual Fund Investment Through Application
After setting a good money market as a goal, you need to determine the investment channel, here.
In this sophisticated era, you can invest in mutual funds with a smartphone in your hand.
No need to bother going to the bank, here are the recommendations for the best stock applications that you can download:
- Bareksa
- Seeds
- Wonderful
- money
- Tokopedia
- Bucharest
In addition to mutual funds, some of the applications above also provide stock investment options. Of course, these apps are designed to be beginner-friendly so you can learn the basics first.
So, that's the list of the five best money market mutual funds in 2022.
Good luck, and good luck!
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