Nippon India Money Market Fund Direct Plan Bonus Plan

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

Absolute Gain%

Fund Performance

as on (09-May-25)

Period
This Fund
Money Market Index
1 Month
0.57%
0.47%
3 Months
2.29%
1.41%
6 Months
4.12%
3.02%
1 Year
8.08%
6.25%
3 Years
7.44%
-
5 Years
6.21%
-

Nippon India Money Market Fund Direct Plan Bonus Plan Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

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%

AAA
100%

Cash allocation has gone down from 90.5% to 70.2%
Cash allocation has gone down from 90.5% to 70.2%
Debt allocation has gone up from 9.3% to 29.5%
Debt allocation has gone up from 9.3% to 29.5%

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%

Cash Equivalent
93.1%
Government
6.9%

Top 3 Sectors in March were Financial Services, Corporate & Government

Mar'25

Financial Services

100%

Corporate

46%

Government

21%

Feb'25

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 ratio0.25%
Benchmark
Nifty Money Market Index A-I TR INR
AUM₹17772 Cr
Inception Date6 February, 2013
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
311.29%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
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

  1. 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.
  2. 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

Learn more about Nippon Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 15.2K Cr
₹ 16.9K Cr
₹ 16.6K Cr
  • 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

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?

The current NAV of Nippon India Money Market Fund Direct Plan Bonus Plan is ₹2448.01 as on 09-May-2025.

What are the average returns of Nippon India Money Market Fund Direct Plan Bonus Plan?

Existing (Absolute + CAGR) as on 09-May-2025.
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?

With INDmoney, the process of investing is very simple and involves zero commission.
  • 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?

0.25% as on April 2025

What is net assets under management (AUM) of Nippon India Money Market Fund Direct Plan Bonus Plan?

₹17772 Cr as on April 2025

What are the top 5 holdings of Nippon India Money Market Fund Direct Plan Bonus Plan?

Axis Bank Limited(2.94%), HDFC Bank Limited(2.68%), Canara Bank (13/03/2026)(2.66%), Punjab National Bank (18/03/2026)(2.66%), Indusind Bank Limited(2.14%) as on April 2025

What are the top 3 sectors that this Nippon India Money Market Fund Direct Plan Bonus Plan has invested in?

Corporate(48.1%), Cash Equivalent(29.75%), Government(22.14%) as on April 2025

What is the yield to maturity ratio of Nippon India Money Market Fund Direct Plan Bonus Plan?

Yield to Maturity is 7.33 as on April 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.

What is the modified duration of Nippon India Money Market Fund Direct Plan Bonus Plan?

Modified Duration is 0.84 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of Nippon India Money Market Fund Direct Plan Bonus Plan?

AAA
100

Who is the manager of Nippon India Money Market Fund Direct Plan Bonus Plan?

Kinjal Desai, Vikash Agarwal are the fund managers of Nippon India Money Market Fund Direct Plan Bonus Plan

What is the exit load of Nippon India Money Market Fund Direct Plan Bonus Plan?

The Exit load of Nippon India Money Market Fund Direct Plan Bonus Plan is 0%