Nippon India Money Market Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 4,311.7530
Weekly NAV IDCW: Rs 1,008.2336
Quarterly NAV IDCW: Rs 1,022.7864
Monthly NAV IDCW: Rs 1,024.3562
NAV Bonus: Rs 2,535.3899
Suitable For Which Investors?
Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here’s why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there’s a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don’t need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
Fund’s Investment Strategy:
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments.
Fund Manager:
1) Vikash Agarwal
Education: Mr. Agarwal is a B.Com., CA, CFA
Experience: Prior to joining Nippon AMC, he has worked with HDFC AMC, Larsen & Toubro Ltd.
Investment Details
| Min. Investment (₹) | 500 |
| Min. Addl Investment (₹) | 500 |
| Min. SIP Investment (₹) | 100 |
| Min. Withdrawal (₹) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (₹) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Nippon India Money Market Fund
| Fund House | Nippon India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.35% |
| Benchmark | NIFTY Money Market Index A-I |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | ₹ 23,261 Cr |
| (As on 31-Oct-2025) | |
| Expense | 0.22% |
| (As on 31-Oct-2025) | |
| Risk Grade | — |
| Return Grade | Above Average |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon India Money Market Dir | 6.76 | 0.02 | 0.54 | 1.53 | 3.57 | 7.76 | 7.71 | 6.32 | 6.67 | 6.88 |
| CCIL T Bill Liquidity Weight | 4.10 | -0.01 | 0.24 | 0.89 | 2.11 | 4.64 | 4.61 | 3.62 | 3.71 | 3.87 |
| Debt: Money Market | 6.65 | 0.02 | 0.54 | 1.52 | 3.52 | 7.64 | 7.55 | 6.16 | 6.56 | 6.81 |
| Rank within category | 2 | 6 | 7 | 9 | 3 | 4 | 4 | 2 | 4 | 6 |
| Number of funds in category | 23 | 25 | 25 | 25 | 24 | 23 | 22 | 18 | 14 | 12 |
Peer Comparison of Nippon India Money Market Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Nippon India Money Market Dir | 4 star | 7.76 | 7.71 | 6.32 | 0.22 | 23,261 | 7.35 | — | 12Y 10M |
| Tata Money Market Dir | 5 star | 7.84 | 7.83 | 6.42 | 0.15 | 38,053 | 6.78 | — | 12Y 10M |
| ABSL Money Manager Dir | 4 star | 7.70 | 7.72 | 6.31 | 0.22 | 29,882 | 7.44 | — | 12Y 10M |
| Axis Money Market Dir | 5 star | 7.77 | 7.73 | 6.30 | 0.17 | 22,806 | 6.46 | — | 6Y 3M |
| Franklin India Money Market Dir | 4 star | 7.75 | 7.66 | 6.15 | 0.14 | 4,440 | 7.49 | — | 12Y 10M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 196 | 90 |
| Macaulay Duration (yrs) | 0.46 | 0.47 |
| Average Maturity (yrs) | 0.46 | 0.47 |
| Yield to Maturity (%) | 6.32 | 6.26 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Nippon India Money Market Fund
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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November 14, 2025
RA Jainee



