Nippon India Money Market Fund Direct Plan Bonus Plan
Get the latest NAV of Nippon India Money Market Fund Direct Plan Bonus Plan. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹2448.01
NAV as on 09 May 2025
7.36%/per year
Since Inception
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Fund Performance
as on (09-May-25)
Peer comparison
Nippon India Money Market Fund Direct Plan Bonus Plan Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Nippon India Money Market Fund Direct Plan Bonus Plan Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Debt & Cash 99.8%
Nippon India Money Market Fund Direct Plan Bonus Plan Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Debt & Cash 99.8%
Top 3 Sectors in March were Financial Services, Corporate & Government
Financial Services
100%
Corporate
46%
Government
21%
Financial Services
100%
Corporate
46%
Government
18%
Nippon India Money Market Fund Direct Plan Bonus Plan Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.25% |
Benchmark | Nifty Money Market Index A-I TR INR |
| AUM | ₹17772 Cr |
| Inception Date | 6 February, 2013 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 311.29% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
About Nippon India Money Market Fund Direct Plan Bonus Plan
Nippon India Money Market Fund Direct Plan Bonus Plan is a debt fund. This fund was started on 6 February, 2013. The fund is managed by Kinjal Desai, Vikash Agarwal. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Money Market Fund Direct Plan Bonus Plan has ₹17772 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Nippon India Money Market Fund Direct Plan Bonus Plan has given a CAGR return of 7.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.08%, 7.44% and 6.21% respectively.
Holdings
Nippon India Money Market Fund Direct Plan Bonus Plan has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are Axis Bank Limited, HDFC Bank Limited, Canara Bank (13/03/2026), Punjab National Bank (18/03/2026), Indusind Bank Limited
Taxation
As it is a money market mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Nippon India Money Market Fund Direct Plan Bonus Plan
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 0.00. Nippon India Money Market Fund Direct Plan Bonus Plan has no lock in period.
Fund Manager
Kinjal Desai
Fund Manager of Nippon India Money Market Fund Direct Plan Bonus Plan, since 16 July 2018
Vikash Agarwal
Fund Manager of Nippon India Money Market Fund Direct Plan Bonus Plan, since 14 September 2024
- AUM of the fund stands at 15.2K Cr as of Mar'25
- AUM decreased by 1.6K Cr between Mar'25 and Feb'25
More funds from Nippon
Frequently Asked Questions for Nippon India Money Market Fund Direct Plan Bonus Plan
What is the current NAV of Nippon India Money Market Fund Direct Plan Bonus Plan?
What are the average returns of Nippon India Money Market Fund Direct Plan Bonus Plan?
Nippon India Money Market Fund Direct Plan Bonus Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 4.12% | 4.12% |
1 Year Returns | 8.08% | 8.08% |
3 Years Returns | 24.01% | 7.44% |
How do I invest in Nippon India Money Market Fund Direct Plan Bonus Plan?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Nippon India Money Market Fund Direct Plan Bonus Plan?
What is net assets under management (AUM) of Nippon India Money Market Fund Direct Plan Bonus Plan?
What are the top 5 holdings of Nippon India Money Market Fund Direct Plan Bonus Plan?
What are the top 3 sectors that this Nippon India Money Market Fund Direct Plan Bonus Plan has invested in?
What is the yield to maturity ratio of Nippon India Money Market Fund Direct Plan Bonus Plan?
What is the modified duration of Nippon India Money Market Fund Direct Plan Bonus Plan?
What is the credit rating breakup of Nippon India Money Market Fund Direct Plan Bonus Plan?
AAA | 100 |