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
▲▼
as on (09-May-25)
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Debt & Cash 99.8%
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%
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 |
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.
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.
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
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.
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 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 of Nippon India Money Market Fund Direct Plan Bonus Plan, since 16 July 2018
Fund Manager of Nippon India Money Market Fund Direct Plan Bonus Plan, since 14 September 2024
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% |
AAA | 100 |