Nippon India Money Market Fund

Nippon India Money Market Fund

Debt

Nippon Mutual Fund

Money Market

Get the latest NAV of Nippon India Money Market Fund. 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.

₹4399.23

▲0.1%1D

NAV as on 30 Mar 2026

7.3%/per year

Since Inception

Absolute Gain%

▲▼

292 people have invested ₹ 4Cr in Nippon India Money Market Fund in the last three months

Nippon India Money Market Fund Performance vs. Money Market Index

Fund returns vs Benchmark returns vs Category Average returns as on (30-Mar-26)

The fund has consistently outperformed the benchmark (Money Market Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.32%
1.29%
2.77%
6.78%
7.48%
6.44%
Money Market Index
0.18%
1.01%
2.33%
5.84%
5.97%
5.23%
Money Market Avg
0.22%
1.04%
2.38%
6.08%
6.92%
5.95%
Best in Money Market
0.38%
1.39%
2.91%
6.93%
7.6%
6.55%
Worst in Money Market
0.21%
1.18%
2.66%
6.6%
6.7%
6.04%
Category Rank
3/18
15/17
5/18
4/16
1/13
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Nippon India Money Market Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

16
/18
52% Performance
28% Risk Management
18% Cost

Ranked 16 out of 18 mutual funds in the money market category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Nippon India Money Market Fund
16/18
21,876Cr
0.22%
6.78%
7.48%
0.23
1.53
2.50
8.56
2.86
Tata Money Market Fund
1/18
36,819Cr
0.16%
6.88%
7.61%
0.38
1.46
2.97
13.12
3.94
Axis Money Market Fund
2/18
23,790Cr
0.17%
6.83%
7.53%
0.32
1.44
2.78
13.60
3.44
UTI Money Market Fund
3/18
20,320Cr
0.13%
6.76%
7.47%
0.25
1.45
2.57
9.14
2.90
See all

Nippon India Money Market Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Nippon India Money Market Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
100%
Cash allocation has gone down from 79.2% to 66.4%
Cash allocation has gone down from 79.2% to 66.4%
Debt allocation has gone up from 20.5% to 33.3%
Debt allocation has gone up from 20.5% to 33.3%

Nippon India Money Market Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Corporate
46.1%
Cash Equivalent
33.3%
Government
20.6%

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

Feb'26

Financial Services

100%

Corporate

51%

Government

14%

Jan'26

Financial Services

100%

Corporate

44%

Government

9%

Nippon India Money Market Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.22%
Benchmark
Nifty Money Market Index A-I TR INR
AUM₹21876 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
251.66%
Risk
Risk meter
pointer
Moderate Risk

About Nippon India Money Market Fund

Nippon India Money Market Fund is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Amber Singhania, Kinjal Desai, Vikash Agarwal. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Money Market Fund has ₹21876 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Nippon India Money Market Fund has given a CAGR return of 7.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.78%, 7.48% and 6.44% respectively.

Holdings

Nippon India Money Market Fund has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are Punjab National Bank, Indusind Bank Limited, Tbill, UCO Bank, Small Industries Dev Bank Of India

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

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 100.00. Nippon India Money Market Fund has no lock in period.

Fund Manager

Amber Singhania

Fund Manager of Nippon India Money Market Fund, since 11 March 2026

Kinjal Desai

Fund Manager of Nippon India Money Market Fund, since 16 July 2018

Vikash Agarwal

Fund Manager of Nippon India Money Market Fund, since 14 September 2024

Learn more about Nippon Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 21.9K Cr
₹ 21.7K Cr
₹ 20.2K Cr
  • AUM of the fund stands at 21.9K Cr as of Feb'26
  • AUM increased by 177.7 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Nippon India Money Market Fund

How do I invest in Nippon India Money Market Fund?

INDmoney makes it simple to invest in the Nippon India Money Market Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Nippon India Money Market Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Nippon India Money Market Fund?

The NAV of the fund today is ₹4399.23. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Nippon India Money Market Fund fund has generated a return of 6.78% in 1 year, 7.48% in 3 years, 6.44% in 5 years.

Who is the fund manager of Nippon India Money Market Fund?

The fund managers are Amber Singhania, Kinjal Desai, Vikash Agarwal.

What is the expense ratio of the fund?

The expense ratio is 0.22%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹21876 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Nippon India Money Market Fund?

The top 3 holdings of the fund are Punjab National Bank(3.63%), Indusind Bank Limited(3.53%), Tbill(2.45%)