Nippon India Money Market Fund Direct Plan Weekly Reinvestment Inc Dist cum Cap Wdrl

Nippon India Money Market Fund Direct Plan Weekly Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Vikash Agarwal. This fund is suitable to keep your money safe.

1. Nippon India Money Market Fund Direct Plan Weekly Reinvestment Inc Dist cum Cap Wdrl has ₹18966 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Nippon India Money Market Fund Direct Plan Weekly Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 5.70% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.25%, 6.61% and 5.59% respectively.

Nippon India Money Market Fund Direct Plan Weekly Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are Canara Bank (13/03/2026), Axis Bank Limited, Punjab National Bank (18/03/2026), HDFC Bank Limited, National Bank For Agriculture And Rural Development

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 100.00. Nippon India Money Market Fund Direct Plan Weekly Reinvestment Inc Dist cum Cap Wdrl has no lock in period.