The answer is 1 year.
A money market fund is a type of mutual fund that invests in short-term, highly liquid assets. These instruments include cash, cash equivalent securities, and short-term debt-based assets having a high credit rating. Money market funds are designed to provide the investors with high liquidity at the low risk. Money market mutual funds are the another name for the money market funds.
Money market funds invest generally in the short-term debt. They invest in numerous money market products and strive to provide strong returns over a one-year period while maintaining high levels of liquidity. Money market funds have the average maturity of one year.
Therefore, the answer is one year.
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