Nippon India Money Market Fund Direct Growth

Fund Overview

Fund Size

₹23,624 Cr

Expense Ratio

0.22%

ISIN

INF204K01ZP3

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

Nippon India Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 13 years, 8 months and 17 days, having been launched on 01-Jan-13.
As of 17-Sep-26, it has a Net Asset Value (NAV) of ₹4549.82, Assets Under Management (AUM) of 23624.47 Crores, and an expense ratio of 0.22%.

Nippon India Money Market Fund Direct Growth has given a CAGR return of 7.31% since inception.
The fund's asset allocation comprises around 0.00% in equities, 21.88% in debts, and 77.85% in cash & cash equivalents.
You can start investing in Nippon India Money Market Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.55%

+6.21% (Cat Avg.)

3 Years

+7.44%

+6.96% (Cat Avg.)

5 Years

+6.77%

+6.30% (Cat Avg.)

10 Years

+6.76%

+5.88% (Cat Avg.)

Since Inception

+7.31%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2026

Debt	₹5,167.89 Cr	21.88%
Others	₹18,456.58 Cr	78.12%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Triparty Repo	Cash - Repurchase Agreement	₹1,262 Cr	5.34%
Net Current Assets	Cash	₹-1,002.27 Cr	4.24%
National Bank for Agriculture and Rural Development	Bond - Gov't Agency Debt	₹843.58 Cr	3.57%
Punjab National Bank	Cash - CD/Time Deposit	₹748.83 Cr	3.17%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹677.21 Cr	2.87%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹555.11 Cr	2.35%
Indusind Bank Limited	Cash - CD/Time Deposit	₹534.9 Cr	2.26%
UCO Bank	Bond - Gov't Agency Debt	₹483.98 Cr	2.05%
IDFC First Bank Limited	Cash - CD/Time Deposit	₹388.17 Cr	1.64%
Punjab National Bank	Cash - CD/Time Deposit	₹386.84 Cr	1.64%
Bank Of Baroda	Cash - CD/Time Deposit	₹362.4 Cr	1.53%
India (Republic of)	Bond - Short-term Government Bills	₹341.82 Cr	1.45%
UCO Bank	Bond - Gov't Agency Debt	₹331.07 Cr	1.40%
Punjab National Bank	Cash - CD/Time Deposit	₹315.82 Cr	1.34%
Canara Bank	Cash - CD/Time Deposit	₹313.86 Cr	1.33%
Union Bank Of India	Cash - CD/Time Deposit	₹313.67 Cr	1.33%
India (Republic of)	Bond - Short-term Government Bills	₹294.82 Cr	1.25%
HDFC Bank Limited	Cash - CD/Time Deposit	₹294.54 Cr	1.25%
Indusind Bank Ltd.	Cash - CD/Time Deposit	₹291.33 Cr	1.23%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹290.76 Cr	1.23%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹280.18 Cr	1.19%
Motilal Oswal Financial Services Limited	Cash - Commercial Paper	₹266.59 Cr	1.13%
Embassy Office Parks Reit	Cash - Commercial Paper	₹264.51 Cr	1.12%
Manappuram Finance Limited	Cash - Commercial Paper	₹245.3 Cr	1.04%
04/02/2027 Maturing 364 DTB	Bond - Gov't/Treasury	₹244.16 Cr	1.03%
ICICI Bank Limited	Cash - CD/Time Deposit	₹243.37 Cr	1.03%
IDFC First Bank Limited	Cash - CD/Time Deposit	₹243.15 Cr	1.03%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)	Cash - CD/Time Deposit	₹242.69 Cr	1.03%
Bahadur Chand Investments Private Limited	Cash - Commercial Paper	₹242.66 Cr	1.03%
360 One Prime Limited	Cash - Commercial Paper	₹242.54 Cr	1.03%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹242.22 Cr	1.03%
ICICI Bank Limited	Cash - CD/Time Deposit	₹241.64 Cr	1.02%
Punjab & Sind Bank	Bond - Corporate Bond	₹241.11 Cr	1.02%
Igh Holdings Private Limited	Cash - Commercial Paper	₹240.6 Cr	1.02%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)	Cash - Commercial Paper	₹239.89 Cr	1.02%
Mindspace Business Parks Reit	Cash - Commercial Paper	₹236.17 Cr	1.00%
Tbill	Bond - Gov't/Treasury	₹224.94 Cr	0.95%
Indian Bank	Cash - CD/Time Deposit	₹218.65 Cr	0.93%
Union Bank Of India	Cash - CD/Time Deposit	₹217.65 Cr	0.92%
Indusind Bank Ltd.	Cash - CD/Time Deposit	₹196.48 Cr	0.83%
India (Republic of)	Bond - Short-term Government Bills	₹195.76 Cr	0.83%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹194.52 Cr	0.82%
Punjab National Bank	Cash - CD/Time Deposit	₹194.39 Cr	0.82%
Tata Capital Housing Finance Limited	Cash - Commercial Paper	₹194.3 Cr	0.82%
Bajaj Housing Finance Limited	Cash - Commercial Paper	₹194.25 Cr	0.82%
Mindspace Business Parks Reit	Cash - Commercial Paper	₹194.09 Cr	0.82%
Indian Overseas Bank	Cash - CD/Time Deposit	₹193.43 Cr	0.82%
Angel One Limited	Cash - Commercial Paper	₹193.4 Cr	0.82%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)	Cash - Commercial Paper	₹193.37 Cr	0.82%
Kotak Securities Ltd	Cash - Commercial Paper	₹193.17 Cr	0.82%
Kisetsu Saison Finance (India) Private Limited	Cash - Commercial Paper	₹192.97 Cr	0.82%
Fedbank Financial Services Limited	Cash - Commercial Paper	₹192.94 Cr	0.82%
Credila Financial Services Limited	Cash - Commercial Paper	₹192.11 Cr	0.81%
360 One Prime Limited	Cash - Commercial Paper	₹188.32 Cr	0.80%
Tbill	Bond - Gov't/Treasury	₹184.76 Cr	0.78%
HDFC Bank Ltd	Cash - CD/Time Deposit	₹169.45 Cr	0.72%
Canara Bank	Cash - CD/Time Deposit	₹169.24 Cr	0.72%
7.59% Gujarat Sdl 2027	Bond - Gov't/Treasury	₹166.22 Cr	0.70%
7.86% Karnataka Sdl 2027	Bond - Gov't/Treasury	₹161.64 Cr	0.68%
6.9% Jharkhand Sdl 2026	Bond - Gov't/Treasury	₹150.41 Cr	0.64%
Tbill	Bond - Gov't/Treasury	₹149.36 Cr	0.63%
Sbfc Finance Limited	Cash - Commercial Paper	₹149.31 Cr	0.63%
India (Republic of)	Bond - Short-term Government Bills	₹147.71 Cr	0.63%
ICICI Home Finance Company Limited	Cash - Commercial Paper	₹146.74 Cr	0.62%
Indian Bank	Cash - CD/Time Deposit	₹146.14 Cr	0.62%
Export-Import Bank Of India	Cash - Commercial Paper	₹146.04 Cr	0.62%
Canara Bank	Cash - CD/Time Deposit	₹145.99 Cr	0.62%
Indian Bank	Cash - CD/Time Deposit	₹145.96 Cr	0.62%
Canara Bank	Cash - CD/Time Deposit	₹145.85 Cr	0.62%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹145.57 Cr	0.62%
HDFC Bank Ltd.	Bond - Corporate Bond	₹145.48 Cr	0.62%
Union Bank of India	Bond - Corporate Bond	₹145.32 Cr	0.62%
AU Small Finance Bank Ltd.	Bond - Corporate Bond	₹145.21 Cr	0.61%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹145.02 Cr	0.61%
Canara Bank	Cash - CD/Time Deposit	₹144.88 Cr	0.61%
Bharti Telecom Limited	Cash - Commercial Paper	₹144.79 Cr	0.61%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹144.4 Cr	0.61%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹141.98 Cr	0.60%
HDFC Bank Limited	Cash - CD/Time Deposit	₹120.84 Cr	0.51%
National Bank for Agriculture and Rural Development	Bond - Gov't Agency Debt	₹120.49 Cr	0.51%
7.2% Karnataka Sdl 2027	Bond - Gov't/Treasury	₹110.56 Cr	0.47%
7.19% Gujarat Sdl 2027	Bond - Gov't/Treasury	₹105.53 Cr	0.45%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹98.36 Cr	0.42%
Canara Bank	Cash - CD/Time Deposit	₹97.43 Cr	0.41%
AU Small Finance Bank Ltd.	Bond - Corporate Bond	₹97.21 Cr	0.41%
Punjab National Bank	Cash - CD/Time Deposit	₹97.11 Cr	0.41%
JM Financial Services Limited	Cash - Commercial Paper	₹96.89 Cr	0.41%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹96.76 Cr	0.41%
Muthoot Fincorp Limited	Cash - Commercial Paper	₹96.75 Cr	0.41%
Bank Of Baroda	Cash - CD/Time Deposit	₹96.69 Cr	0.41%
Bajaj Auto Credit Ltd.	Cash - Commercial Paper	₹96.61 Cr	0.41%
Indusind Bank Ltd.	Cash - CD/Time Deposit	₹96.54 Cr	0.41%
Nuvama Wealth And Investment Limited	Cash - Commercial Paper	₹96.52 Cr	0.41%
Union Bank Of India	Cash - CD/Time Deposit	₹96.5 Cr	0.41%
Au Small Finance Bank Limited	Cash - CD/Time Deposit	₹96.46 Cr	0.41%
Axis Bank Ltd.	Bond - Corporate Bond	₹96.46 Cr	0.41%
Muthoot Fincorp Limited	Cash - Commercial Paper	₹96.44 Cr	0.41%
360 One Prime Limited	Cash - Commercial Paper	₹96.29 Cr	0.41%
Fedbank Financial Services Limited	Cash - Commercial Paper	₹96.17 Cr	0.41%
Dsp Finance Private Limited	Cash - Commercial Paper	₹96.05 Cr	0.41%
Nuvama Wealth Management Limited	Cash - Commercial Paper	₹95.71 Cr	0.41%
Nuvama Clearing Services Limited	Cash - Commercial Paper	₹95.71 Cr	0.41%
Angel One Limited	Cash - Commercial Paper	₹95.7 Cr	0.41%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹94.64 Cr	0.40%
Piramal Finance Limited	Cash - Commercial Paper	₹94.52 Cr	0.40%
L&T Finance Limited	Cash - Commercial Paper	₹94.48 Cr	0.40%
AU Small Finance Bank Ltd.	Bond - Corporate Bond	₹94.43 Cr	0.40%
Angel One Limited	Cash - Commercial Paper	₹93.46 Cr	0.40%
AU Small Finance Bank Ltd.	Bond - Corporate Bond	₹92.87 Cr	0.39%
08.23 GOI FCI 2027	Bond - Gov't Agency Debt	₹75.68 Cr	0.32%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹73.13 Cr	0.31%
Angel One Limited	Cash - Commercial Paper	₹72.21 Cr	0.31%
Corporate Debt Market Development Fund Class A2	Mutual Fund - Unspecified	₹64.3 Cr	0.27%
7.74% Tamilnadu SDL 2027	Bond - Gov't/Treasury	₹62.19 Cr	0.26%
7.8% Kerala SDL 2027	Bond - Gov't/Treasury	₹55.52 Cr	0.24%
Axis Bank Limited	Cash - CD/Time Deposit	₹54.06 Cr	0.23%
8.24% Govt Stock 2027	Bond - Gov't/Treasury	₹50.56 Cr	0.21%
Export-Import Bank Of India	Cash - Commercial Paper	₹49.11 Cr	0.21%
HDFC Bank Limited	Cash - CD/Time Deposit	₹48.7 Cr	0.21%
Bank Of Baroda	Cash - CD/Time Deposit	₹48.61 Cr	0.21%
Punjab National Bank	Cash - CD/Time Deposit	₹48.55 Cr	0.21%
Aditya Birla Housing Finance Limited	Cash - Commercial Paper	₹48.32 Cr	0.20%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹48.31 Cr	0.20%
Muthoot Fincorp Limited	Cash - Commercial Paper	₹48.21 Cr	0.20%
Canara Bank	Cash - CD/Time Deposit	₹48.17 Cr	0.20%
Kotak Mahindra Prime Limited	Cash - Commercial Paper	₹48.05 Cr	0.20%
Gs22feb2027c	Bond - Gov't/Treasury	₹39.49 Cr	0.17%
Tbill	Bond - Gov't/Treasury	₹34.1 Cr	0.14%
7.62% Tamilnadu SDL 2027	Bond - Gov't/Treasury	₹25.24 Cr	0.11%
7.59% Karnataka Sdl 2027	Bond - Gov't/Treasury	₹25.24 Cr	0.11%
7.22% Karnataka Sdl 2026	Bond - Gov't/Treasury	₹25.06 Cr	0.11%
Bank Of Baroda	Cash - CD/Time Deposit	₹24.34 Cr	0.10%
Gs12mar2027c	Bond - Gov't/Treasury	₹24.29 Cr	0.10%
Punjab National Bank	Bond - Corporate Bond	₹24.2 Cr	0.10%
Union Bank Of India	Cash - CD/Time Deposit	₹24.18 Cr	0.10%
HDFC Bank Limited	Cash - CD/Time Deposit	₹24.14 Cr	0.10%
7.25% Maharashtra Sdl 2026	Bond - Gov't/Treasury	₹20.1 Cr	0.09%
7.75% Karnataka Sdl 2027	Bond - Gov't/Treasury	₹15.14 Cr	0.06%
7.71% Gujarat Sdl 2027	Bond - Gov't/Treasury	₹15.13 Cr	0.06%
7.27% Karnataka Sdl 2026	Bond - Gov't/Treasury	₹15.08 Cr	0.06%
Union Bank Of India	Cash - CD/Time Deposit	₹14.48 Cr	0.06%
7.88% Andhra Sdl 2027	Bond - Gov't/Treasury	₹10.1 Cr	0.04%
7.76% Madhyapradesh Sdl 2027	Bond - Gov't/Treasury	₹10.09 Cr	0.04%
07.81 TS UDAY 2027	Bond - Gov't Agency Debt	₹10.09 Cr	0.04%
7.61% Tamilnadu SDL 2027	Bond - Gov't/Treasury	₹10.07 Cr	0.04%
7.21% Westbengal Sdl 2027	Bond - Gov't/Treasury	₹10.05 Cr	0.04%
7.39% Maharashtra Sdl 2026	Bond - Gov't/Treasury	₹10.03 Cr	0.04%
7.59% Rajasthan Sdl 2027	Bond - Gov't/Treasury	₹5.04 Cr	0.02%
7.16% Tamilnadu SDL 2027	Bond - Gov't/Treasury	₹5.02 Cr	0.02%
7.15% Karnataka Sdl 2027	Bond - Gov't/Treasury	₹5.02 Cr	0.02%
7.17% Uttarpradesh Sdl 2027	Bond - Gov't/Treasury	₹5.02 Cr	0.02%
7.12% Bihar Sdl 2027	Bond - Gov't/Treasury	₹5.02 Cr	0.02%
7.16% Westbengal Sdl 2027	Bond - Gov't/Treasury	₹5.02 Cr	0.02%
6.87% Uttarpradesh Sdl 2026	Bond - Gov't/Treasury	₹5.01 Cr	0.02%
6.85% Rajasthan Sdl 2026	Bond - Gov't/Treasury	₹5.01 Cr	0.02%
7.37% Maharashtra Sdl 2026	Bond - Gov't/Treasury	₹1.5 Cr	0.01%
Cash Margin - Ccil	Cash - Repurchase Agreement	₹0.91 Cr	0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹11,033.99 Cr	46.71%
Cash - Commercial Paper	₹6,341.58 Cr	26.84%
Bond - Gov't/Treasury	₹1,996.71 Cr	8.45%
Bond - Gov't Agency Debt	₹1,864.89 Cr	7.89%
Cash - Repurchase Agreement	₹1,262.91 Cr	5.35%
Bond - Corporate Bond	₹1,082.27 Cr	4.58%
Cash	₹-1,002.27 Cr	4.24%
Bond - Short-term Government Bills	₹980.11 Cr	4.15%
Mutual Fund - Unspecified	₹64.3 Cr	0.27%

Risk & Performance Ratios

Fund Managers

Kinjal Desai

Since July 2018

Vikash Agarwal

Since September 2024

Amber Singhania

Since March 2026

Additional Scheme Detailsas of 31st August 2026

ISIN

INF204K01ZP3

Expense Ratio

0.22%

Exit Load

No Charges

Fund Size

₹23,624 Cr

Age

13 years 8 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

Nifty Money Market Index A-I TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Money Market Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
JioBlackRock Money Market Fund Regular Growth Low to Moderate Risk	-	0.0%	₹3463.41 Cr	-
Shriram Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹101.40 Cr	-
Shriram Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹101.40 Cr	-
Groww Money Market Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹61.68 Cr	-
Groww Money Market Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹61.68 Cr	-
JioBlackRock Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3463.41 Cr	6.5%
Bank of India Money Market Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹442.64 Cr	6.2%
Bank of India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹442.64 Cr	6.7%
Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3586.50 Cr	6.5%
Mirae Asset Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹3586.50 Cr	6.1%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹6992.96 Cr	6.5%
ICICI Prudential Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹36528.69 Cr	6.5%
Bandhan Money Manager Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹14089.78 Cr	6.7%
Nippon India Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹23624.47 Cr	6.5%
Invesco India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹6607.18 Cr	6.5%
Edelweiss Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2322.39 Cr	6.6%
Kotak Money Market Scheme Direct Growth Low to Moderate Risk	0.2%	0.0%	₹29764.20 Cr	6.6%
Axis Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹21405.41 Cr	6.6%
Axis Money Market Fund Regular Growth Moderate Risk	0.3%	0.0%	₹21405.41 Cr	6.5%
Sundaram Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹1719.29 Cr	6.4%
Sundaram Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1719.29 Cr	6.5%
Invesco India Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹6607.18 Cr	6.2%
UTI Money Market Fund Direct Growth Moderate Risk	0.1%	0.0%	₹19467.72 Cr	6.6%
Aditya BSL Money Manager Fund Direct Growth Moderate Risk	0.2%	0.0%	₹29876.83 Cr	6.6%
SBI Savings Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹32207.93 Cr	6.4%
Tata Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹34511.28 Cr	6.7%
Franklin India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3937.32 Cr	6.6%
Baroda BNP Paribas Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3626.09 Cr	6.6%
Baroda BNP Paribas Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹3626.09 Cr	6.3%
DSP Savings Fund Direct Growth Moderate Risk	0.2%	0.0%	₹10991.60 Cr	6.6%
HDFC Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹33191.81 Cr	6.6%
PGIM India Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹125.19 Cr	6.1%
PGIM India Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹125.19 Cr	6.4%
UTI Money Market Fund Regular Growth Moderate Risk	0.3%	0.0%	₹19467.72 Cr	6.5%
Bajaj Finserv Money Market Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹5325.89 Cr	5.9%
Bajaj Finserv Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹5325.89 Cr	6.6%
Kotak Money Market Scheme Regular Growth Low to Moderate Risk	0.4%	0.0%	₹29764.20 Cr	6.4%
Aditya BSL Money Manager Fund Regular Growth Moderate Risk	0.3%	0.0%	₹29876.83 Cr	6.4%
Bandhan Money Manager Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹14089.78 Cr	6.4%
DSP Savings Fund Regular Growth Moderate Risk	0.4%	0.0%	₹10991.60 Cr	6.4%
HSBC Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹6992.96 Cr	6.3%
SBI Savings Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹32207.93 Cr	6.0%
ICICI Prudential Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹36528.69 Cr	6.4%
Nippon India Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹23624.47 Cr	6.4%
HDFC Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹33191.81 Cr	6.4%
Franklin India Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹3937.32 Cr	6.4%
Tata Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹34511.28 Cr	6.4%
LIC MF Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹4215.78 Cr	6.4%
LIC MF Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹4215.78 Cr	6.7%
TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹164.48 Cr	6.1%

About the AMC

Nippon India Mutual Fund

022-6808 7000/18602660111

https://mf.nipponindiaim.com/

Total AUM

₹8,00,996 Cr

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013

Other Funds by Nippon India Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Nippon India Income Plus Arbitrage Omni Fund of Fund Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹363.84 Cr	-
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹534.71 Cr	-
Nippon India Nifty India Manufacturing Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹42.71 Cr	4.6%
Nippon India MNC Fund Direct Growth Very High Risk	1.3%	1.0%	₹435.28 Cr	-1.6%
Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth Moderate Risk	0.4%	0.0%	₹636.33 Cr	5.8%
Nippon India BSE Sensex Next 30 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹88.15 Cr	5.8%
Nippon India Nifty 500 Low Volatility 50 Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹27.32 Cr	-4.4%
Nippon India Nifty 500 Quality 50 Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹43.45 Cr	-3.6%
Nippon India Active Momentum Fund Direct Growth Very High Risk	1.2%	1.0%	₹565.46 Cr	8.0%
Nippon India Nifty Auto Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹50.51 Cr	0.4%
Nippon India Nifty Realty Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹57.62 Cr	-9.2%
Nippon India CRISIL-IBX AAA Financial Services - Dec 2026 Index Fund Regular Growth Moderate Risk	0.1%	0.0%	₹126.28 Cr	6.8%
Nippon India CRISIL-IBX AAA Financial Services - Jan 2028 Index Fund Regular Growth Low to Moderate Risk	0.1%	0.0%	₹82.12 Cr	6.1%
Nippon India Nifty 500 Momentum 50 Index Fund Direct Growth Very High Risk	0.9%	0.0%	₹1326.49 Cr	2.7%
Nippon India Nifty 500 Equal Weight Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹529.49 Cr	-0.1%
Nippon India Fixed Maturity Plan - XLVI - Series 5 - 1868 Days Direct Growth High Risk	-	0.0%	-	-
Nippon India Fixed Maturity Plan - XLVI - Series 2 - 366 Days Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Maturity Plan - XLVI - Series 3 - 368 Days Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Maturity Plan - XLVI - Series 2 - 367 Days Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Nifty IT Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹262.13 Cr	-18.6%
Nippon India Nifty Bank Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹232.22 Cr	1.3%
Nippon India Fixed Maturity Plan - XLVI - Series 1 - 92 Days Direct Growth Moderately High risk	-	0.0%	-	-
Nippon India Innovation Fund Direct Growth Very High Risk	0.9%	1.0%	₹3107.75 Cr	0.4%
Nippon India Fixed Horizon Fund - XLV - Series 2 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLII Series 1 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund - XLV - Series 3 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLII Series 7 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund XLI Series 6 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLII Series 5 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund XLI Series 7 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund - XLIII - Series 4 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth Moderate Risk	-	-	-	-
Nippon India Interval Fund Quarterly Series I Direct Growth Low Risk	-	0.0%	₹2.33 Cr	5.7%
Nippon India Fixed Horizon Fund XXXX Series 10 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth Low Risk	-	-	₹51.85 Cr	6.2%
Nippon India Fixed Horizon Fund XLIV Series 3 Direct Growth Moderate Risk	-	-	-	-
Nippon India Interval Fund Annual Series I Direct Growth Low to Moderate Risk	-	0.0%	₹3.08 Cr	6.6%
Nippon India Fixed Horizon Fund XLIV Series 5 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund - XLIII - Series 1 Direct Growth Low Risk	-	0.0%	₹220.19 Cr	5.7%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth Low to Moderate Risk	-	0.0%	₹72.20 Cr	6.0%
Nippon India Fixed Horizon Fund - XLIII - Series 3 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund XLI Series 5 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLII Series 3 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund XLIII Series 5 Direct Growth Low to Moderate Risk	-	0.0%	₹188.63 Cr	5.8%
Nippon India Fixed Horizon Fund XXXIX Series 12 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund - XLIII - Series 2 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLI Series 3 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Capital Protection Oriented Fund II Plan A Direct Growth Low Risk	-	-	₹40.32 Cr	9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth Low Risk	-	0.0%	₹2.74 Cr	5.8%

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

The NAV of Nippon India Money Market Fund Direct Growth, as of 17-Sep-2026, is ₹4549.82.

What are the returns of Nippon India Money Market Fund Direct Growth?

The fund has generated 6.55% over the last 1 year and 7.44% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Nippon India Money Market Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 21.88% in bonds, and 77.85% in cash and cash equivalents.

Who manages the Nippon India Money Market Fund Direct Growth?

The fund managers responsible for Nippon India Money Market Fund Direct Growth are:-

Kinjal Desai
Vikash Agarwal
Amber Singhania

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Nippon India Money Market Fund Direct Growth

Fund Overview