If $4 million is transferred from checkable deposits into money market mutual funds (retail), what happens to

Question:

If $4 million is transferred from checkable deposits into money market (retail), what happens to both M1 and M2?
Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...