Money Market Fund Comparator

Compare a money market annual effective yield with a fixed-deposit simple annual rate entered from current product documents.

User-Entered RatesSame-Period ComparisonFree

Calculate MMF Returns

MMF Return for Period
Daily Accrual
7-Day Return
vs Fixed Deposit
MMF Period Rate

MMF vs Fixed Deposit Comparison

ProductEntered rate conventionPeriod return
The MMF side treats the entered figure as an annual effective yield; the deposit side uses simple interest. Returns shown are before fees and tax. Liquidity, guarantees, minimums and rate variability must be checked in each product's current documents.

Frequently Asked Questions

Yield comparison

Compare MMF return, liquidity, and risk

Enter both rates from current product documents and compare them over exactly the same number of days.

  • What you get: period returns under two clearly stated rate conventions.
  • How it works: the MMF effective annual yield is fractionally compounded; the deposit rate uses simple day-count interest.
  • What to check: fees, tax, liquidity, minimums, guarantees, yield definition and regulator status.

Planning estimate. Rates are not fetched or verified, and a higher estimated return is not a recommendation.

Yield freshness check

Compare returns, then verify the live fund factsheet

This calculator uses the yield and fixed-deposit rate shown in the inputs. It does not fetch live provider rates, fees, eligibility, or regulator status.

User-entered rates

Copy the comparison brief, then check the current fund factsheet before investing.

Before investing

  • Confirm latest yield, fees, minimum balance, withdrawal timing, tax treatment, and fund manager licence.
  • Check whether capital is guaranteed, what instruments the fund holds, and how quickly redemptions settle.

Limitations

  • Planning estimate only; not investment advice, a recommendation, a quote, or regulator confirmation.
  • Rates can change daily, so exported summaries should include the date you checked the provider factsheet.
View comparison

Use this as a local planning worksheet. Verify live product documents before moving savings.

Money Market Fund Comparator FAQ

Which MMF yield should I enter?

Enter an annual effective yield. If the provider quotes a different convention, convert it first or do not treat the comparison as equivalent.

Does the calculator include fees and tax?

No. Adjust rates consistently or review those deductions separately.

Does it use live rates?

No. Both figures are user-entered and should be checked against current product documents.

What is a money market fund?
It is a pooled fund that invests according to its mandate in short-term instruments. Holdings, credit risk, fees, redemption rules and capital protection vary by fund.
Which option is better?
The calculator only compares entered returns. Review access timing, guarantees, penalties, fees, tax, credit risk and rate variability before deciding.
Is a money market fund guaranteed?
Do not assume so. Check the current prospectus, factsheet and applicable investor-protection rules for the exact product.