AC
Anju ChhajerFund Manager Since 1 Feb 2020
Money MarketMoney Market
Nippon India Money Market Fund Direct Plan Growth Option
3Y Annualised
7.65%
0.02% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
0.73%
0.02% 1D
Benchmark
HDFC NIFTY 500 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
9 years 5 months
NIFTY 50
4 years 1 months
FD
9 years 7 months
Fund info
Fund size
₹17771.77 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹500
Exit load
0%
NIL
Risk Profile
Moderate Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Money Market Fund Direct Plan Bonus
2.25%
2nd
ICICI Prudential Money Market Fund Retail Growth
2.21%
3rd
UTI Money Market Fund - Regular Plan - Daily Reinvestment Inc Dist cum Cap Wdrl
1.92%
4th
Edelweiss Money Market Fund Institutional Reinvestment of Income Dis cum Cptl Wdrl Opt
1.51%
5th
UTI Money Market Fund - Direct Plan - Daily Reinvestment Inc Dist cum Cap Wdrl Option
0.88%
20th
Nippon India Money Market Fund Direct Plan Growth Option
0.73%
Fund Managers
KD
Kinjal DesaiFund Manager Since 16 Jul 2018
About Nippon India Money Market Fund Direct Plan Growth Option
Nippon India Money Market Fund Direct Plan Growth Option is a Money Market mutual fund scheme from Nippon Life India Asset Management Ltd. This fund has been in existence for 12 years, having been launched on 2013-01-01. Nippon India Money Market Fund Direct Plan Growth Option has ₹17771.77 Cr worth of assets under management (AUM) as of Sat Jun 21 2025. The latest Net Asset Value (NAV) of Nippon India Money Market Fund Direct Plan Growth Option as of Fri Jun 20 2025 is ₹4207.3172. The fund has an expense ratio of 0.22%, which is medium comparable to most other Money Market funds.
Nippon India Money Market Fund Direct Plan Growth Option returns for the last 1 year are 8.32%. Since launch, it has delivered 7.39% average annual returns.
The Nippon India Money Market Fund Direct Plan Growth Option has the majority of its money invested in null sectors.
Top 5 Holdings of Nippon India Money Market Fund Direct Plan Growth Option.
- 364 DTB 27022026: 1.22%
- 364 Days Tbill (Md 05/03/2026): 1.22%
- 364 Days Tbill Red 12-03-2026: 1.22%
- Indian Bank: 1.21%
- Uttarakhand (Government of) 7.36%: 1.17%
AMC Information
| Name | Nippon Life India Asset Management Ltd |
|---|---|
| Founding Date | 2013-01-01 |
| customercare@nipponindiaim.in | |
| Phone | 022-6808 7000/18602660111 |
| Website | https://mf.nipponindiaim.com/ |
| Address | Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W) |
Tax Implications of Nippon India Money Market Fund Direct Plan Growth Option
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Nippon Life India Asset Management Ltd
Nippon India Equity Hybrid Fund - Direct Plan - Growth Option
AllocationAggressive Allocation
3Y CAGR
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expense ratio
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fund size
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Nippon India ELSS Tax Saver Fund Direct Plan - Growth Option
EquityELSS (Tax Savings)
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expense ratio
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fund size
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Nippon India Multi Cap Fund - Direct Plan - Growth
EquityMulti-Cap
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expense ratio
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fund size
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Nippon India Equity Savings Direct Growth
AllocationEquity Savings
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10.94%
expense ratio
0.74%
fund size
₹720.46 Cr
Nippon India Equity Savings Growth
AllocationEquity Savings
3Y CAGR
9.92%
expense ratio
1.75%
fund size
₹720.46 Cr
FAQs
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What are the top 3 sectors that Nippon India Money Market Fund Direct Plan Growth Option has invested in?
Who is the manager of Nippon India Money Market Fund Direct Plan Growth Option?
What is the exit load of Nippon India Money Market Fund Direct Plan Growth Option?
How to Redeem Nippon India Money Market Fund Direct Plan Growth Option?
Can I invest in SIP and a Lump Sum of Nippon India Money Market Fund Direct Plan Growth Option?
