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 hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Vikash Agarwal. This fund gives you the benefit of diversification.

1. Nippon India Money Market Fund Direct Plan Weekly Reinvestment Inc Dist cum Cap Wdrl has ₹23246 Cr worth of assets under management (AUM) as on Oct 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 5.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.73%, 6.70% and 5.70% respectively.

Nippon India Money Market Fund Direct Plan Weekly Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services.

As it is a money market mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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.