PUTNAM MONEY MARKET FUND
NSAR-B, 1997-11-26
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SIGNATURE   PAUL BACAVALAS                               
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Money Market Fund
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1997
<PERIOD-END>                               SEP-30-1997
<INVESTMENTS-AT-COST>                    2,499,902,684
<INVESTMENTS-AT-VALUE>                   2,499,902,684
<RECEIVABLES>                              128,445,561
<ASSETS-OTHER>                                   6,442
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           2,628,354,687
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   24,744,596
<TOTAL-LIABILITIES>                         24,744,596
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 2,603,610,091
<SHARES-COMMON-STOCK>                    2,134,223,127
<SHARES-COMMON-PRIOR>                   1,6359,287,548
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                             2,603,610,091
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                          146,791,603
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              16,213,870
<NET-INVESTMENT-INCOME>                    130,577,733
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                      130,577,733
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                (106,719,970)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                 15,480,603,384
<NUMBER-OF-SHARES-REDEEMED>           (15,106,672,041)
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<NET-CHANGE-IN-ASSETS>                     476,931,642
<ACCUMULATED-NII-PRIOR>                              0
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<OVERDIST-NET-GAINS-PRIOR>                           0
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<GROSS-EXPENSE>                             17,521,851
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                  .0505
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                      (.0505)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                           [BLANK]
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Money Market Fund
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1997
<PERIOD-END>                               SEP-30-1997
<INVESTMENTS-AT-COST>                    2,499,902,684
<INVESTMENTS-AT-VALUE>                   2,499,902,684
<RECEIVABLES>                              128,445,561
<ASSETS-OTHER>                                   6,442
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           2,628,354,687
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   24,744,596
<TOTAL-LIABILITIES>                         24,744,596
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 2,603,610,091
<SHARES-COMMON-STOCK>                      410,885,364
<SHARES-COMMON-PRIOR>                      438,315,892
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                             2,603,610,091
<DIVIDEND-INCOME>                                    0
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<NET-CHANGE-FROM-OPS>                      130,577,733
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (21,583,487)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                  2,550,729,879
<NUMBER-OF-SHARES-REDEEMED>            (2,597,865,336)
<SHARES-REINVESTED>                         19,704,929 
<NET-CHANGE-IN-ASSETS>                     476,931,642
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                  .0455
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                      (.0455)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Money Market Fund
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS M
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1997
<PERIOD-END>                               SEP-30-1997
<INVESTMENTS-AT-COST>                    2,499,902,684
<INVESTMENTS-AT-VALUE>                   2,499,902,684
<RECEIVABLES>                              128,445,561
<ASSETS-OTHER>                                   6,442
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           2,628,354,687
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                         24,744,596
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 2,603,610,091
<SHARES-COMMON-STOCK>                       58,501,600
<SHARES-COMMON-PRIOR>                       29,075,009
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
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<DIVIDEND-INCOME>                                    0
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<OTHER-INCOME>                                       0
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (2,274,276)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    431,207,895
<NUMBER-OF-SHARES-REDEEMED>              (403,964,967)
<SHARES-REINVESTED>                          2,183,663 
<NET-CHANGE-IN-ASSETS>                     476,931,642
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
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<INTEREST-EXPENSE>                                   0
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<AVERAGE-NET-ASSETS>                        46,221,225
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<PER-SHARE-NII>                                  .0490
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<PER-SHARE-DISTRIBUTIONS>                      (.0490)
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<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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