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Fund Overview

Fund Size

Fund Size

₹23,246 Cr

Expense Ratio

Expense Ratio

0.22%

ISIN

ISIN

INF204K01ZP3

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

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 12 years, 9 months and 14 days, having been launched on 01-Jan-13.
As of 14-Oct-25, it has a Net Asset Value (NAV) of ₹4291.37, Assets Under Management (AUM) of 23246.25 Crores, and an expense ratio of 0.22%.
  • Nippon India Money Market Fund Direct Growth has given a CAGR return of 7.36% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 15.21% in debts, and 84.54% 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

+7.85%

+7.14% (Cat Avg.)

3 Years

+7.74%

+7.12% (Cat Avg.)

5 Years

+6.29%

+5.79% (Cat Avg.)

10 Years

+6.90%

+5.87% (Cat Avg.)

Since Inception

+7.36%

(Cat Avg.)

Portfolio Summaryas of 30th September 2025

Debt3,536.7 Cr15.21%
Others19,709.55 Cr84.79%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Canara Bank (13/03/2026)Cash - CD/Time Deposit584.15 Cr2.51%
Net Current AssetsCash-574.79 Cr2.47%
Kotak Mahindra Bank Limited**Cash565.03 Cr2.43%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit466.32 Cr2.01%
Triparty RepoCash - Repurchase Agreement457.11 Cr1.97%
Axis Bank LimitedCash - CD/Time Deposit440.68 Cr1.90%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit439.79 Cr1.89%
Axis Bank Ltd.Cash - CD/Time Deposit433.11 Cr1.86%
Indusind Bank LimitedCash - CD/Time Deposit392.25 Cr1.69%
HDFC Bank LimitedCash - CD/Time Deposit365.15 Cr1.57%
Bank Of BarodaCash360.69 Cr1.55%
LIC Housing Finance Limited**Cash - Commercial Paper340.68 Cr1.47%
Embassy Office Parks ReitCash - Commercial Paper340.62 Cr1.47%
Punjab National Bank (18/03/2026)Cash - CD/Time Deposit340.48 Cr1.46%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit336.54 Cr1.45%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit317.59 Cr1.37%
Bank Of BarodaCash - CD/Time Deposit294.76 Cr1.27%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit294.42 Cr1.27%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit293.72 Cr1.26%
Bank Of BarodaCash - CD/Time Deposit290.57 Cr1.25%
Mindspace Business Parks REITCash - Commercial Paper274.06 Cr1.18%
HDFC Bank LimitedCash - CD/Time Deposit268.43 Cr1.15%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit264.33 Cr1.14%
Sharekhan LimitedCash - Commercial Paper249.23 Cr1.07%
Credila Financial Services LimitedCash - Commercial Paper247.04 Cr1.06%
364 DTB 27022026Bond - Gov't/Treasury244.51 Cr1.05%
364 Days Tbill (Md 05/03/2026)Bond - Gov't/Treasury244.29 Cr1.05%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit243.43 Cr1.05%
Indusind Bank Ltd.Cash - CD/Time Deposit243.09 Cr1.05%
Motilal Oswal Financial Services LimitedCash - Commercial Paper242.91 Cr1.04%
Manappuram Finance LimitedCash - Commercial Paper242.04 Cr1.04%
IDFC First Bank LimitedCash - CD/Time Deposit240.19 Cr1.03%
HDFC Bank LimitedCash - CD/Time Deposit235.74 Cr1.01%
Karur Vysya Bank Limited**Cash234.8 Cr1.01%
07.36 UK Gs 2033Bond - Gov't/Treasury229.67 Cr0.99%
Indian BankBond - Gov't Agency Debt218.84 Cr0.94%
Embassy Office Parks REITCash - Commercial Paper218.6 Cr0.94%
HDFC Bank LimitedCash - CD/Time Deposit216.4 Cr0.93%
The Federal Bank LimitedCash - CD/Time Deposit196.53 Cr0.85%
Small Industries Development Bank of IndiaCash - Commercial Paper195.02 Cr0.84%
Piramal Housing Finance LimitedCash - Commercial Paper194.92 Cr0.84%
Tvs Credit Services Limited**Cash194.57 Cr0.84%
Tata Capital Housing Finance Limited**Cash - Commercial Paper194.47 Cr0.84%
Standard Chartered Capital Limited**Cash - Commercial Paper193.82 Cr0.83%
Piramal Capital & Housing Finance Limited**Cash - Commercial Paper193.25 Cr0.83%
Standard Chartered Investments And Loans (India) LimitedCash - Commercial Paper191.24 Cr0.82%
Axis Bank LimitedCash - CD/Time Deposit191.18 Cr0.82%
Manappuram Finance LimitedCash - Commercial Paper190.71 Cr0.82%
Manappuram Finance Ltd.Cash - Commercial Paper189.99 Cr0.82%
Au Small Finance Bank Limited**Cash187.76 Cr0.81%
364 Days Tbill Red 12-03-2026Bond - Gov't/Treasury170.81 Cr0.73%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit170.75 Cr0.73%
Poonawalla Fincorp Limited**Cash - Commercial Paper164.68 Cr0.71%
182 Days Tbill Red 29-01-2026Bond - Gov't/Treasury162.07 Cr0.70%
Export-Import Bank Of IndiaCash - Commercial Paper147.11 Cr0.63%
Union Bank Of IndiaCash - CD/Time Deposit146.53 Cr0.63%
The Federal Bank LimitedCash - CD/Time Deposit146.47 Cr0.63%
Bharti Telecom LimitedCash - Commercial Paper146.26 Cr0.63%
Deutsche Investments India Private LimitedCash - Commercial Paper145.9 Cr0.63%
ICICI Securities LimitedCash - Commercial Paper145.44 Cr0.63%
HDFC Bank LimitedCash - CD/Time Deposit145.4 Cr0.63%
AU Small Finance Bank Ltd.Bond - Corporate Bond144.49 Cr0.62%
Interise TrustCash - Commercial Paper143.6 Cr0.62%
Axis Bank LimitedCash - CD/Time Deposit142.18 Cr0.61%
08.36 MH Sdl 2026Bond - Gov't/Treasury136.11 Cr0.59%
Highways Infrastructure TrustCash - Commercial Paper133.36 Cr0.57%
08.69 Tn SDL 2026Bond - Gov't/Treasury126.4 Cr0.54%
Indian BankCash - CD/Time Deposit122.77 Cr0.53%
Union Bank Of IndiaCash - CD/Time Deposit122.45 Cr0.53%
Bank Of BarodaCash - CD/Time Deposit122.32 Cr0.53%
Bank Of Baroda**Cash122.04 Cr0.53%
Axis Bank LimitedCash - CD/Time Deposit121.87 Cr0.52%
Bank Of BarodaCash - CD/Time Deposit121.73 Cr0.52%
Indian BankCash - CD/Time Deposit119.78 Cr0.52%
Treasury BillsBond - Gov't/Treasury113.31 Cr0.49%
08.69 KL Sdl 2026Bond - Gov't/Treasury101.11 Cr0.43%
05.72 BR Sdl 2026Bond - Gov't/Treasury99.98 Cr0.43%
Julius Baer Capital (India) Private LimitedCash - Commercial Paper98.47 Cr0.42%
Bank Of BarodaCash - CD/Time Deposit98.43 Cr0.42%
Bank Of BarodaCash - CD/Time Deposit98.37 Cr0.42%
Muthoot Finance LimitedCash - Commercial Paper98.09 Cr0.42%
Canara BankCash - CD/Time Deposit97.96 Cr0.42%
Au Small Finance Bank LimitedCash - CD/Time Deposit97.85 Cr0.42%
Barclays Investments & Loans (India) LimitedCash - Commercial Paper97.77 Cr0.42%
Hero Fincorp LimitedCash - Commercial Paper97.62 Cr0.42%
IDBI Bank LimitedCash - CD/Time Deposit97.62 Cr0.42%
Bahadur Chand Investments Private LimitedCash - Commercial Paper97.61 Cr0.42%
IDBI Bank LimitedCash - CD/Time Deposit97.57 Cr0.42%
182 Days TbillBond - Gov't/Treasury97.51 Cr0.42%
IIFL Wealth Management LimitedCash - Commercial Paper97.48 Cr0.42%
Union Bank Of IndiaCash - CD/Time Deposit97.47 Cr0.42%
Standard Chartered Capital LimitedCash - Commercial Paper97.43 Cr0.42%
The Federal Bank LimitedCash - CD/Time Deposit97.35 Cr0.42%
LIC Housing Finance Limited**Cash - Commercial Paper97.23 Cr0.42%
Punjab National BankCash - CD/Time Deposit97.17 Cr0.42%
Indian BankBond - Gov't Agency Debt97.17 Cr0.42%
Godrej Finance Limited**Cash - Commercial Paper97.17 Cr0.42%
360 One Prime Limited**Cash - Commercial Paper96.93 Cr0.42%
Tata Capital LimitedCash - Commercial Paper95.89 Cr0.41%
Hdfc Bank LimitedCash95.79 Cr0.41%
08.42 KL Sdl 2026Bond - Gov't/Treasury95.79 Cr0.41%
Birla Group Holdings Private LimitedCash - Commercial Paper95.67 Cr0.41%
Barclays Investments & Loans (India) LimitedCash - Commercial Paper95.53 Cr0.41%
Arka Fincap Limited**Cash95.36 Cr0.41%
Deutsche Investments India Private LimitedCash - Commercial Paper95.27 Cr0.41%
Truhome Finance Ltd.Cash - Commercial Paper95.17 Cr0.41%
08.42 JH Sdl 2026Bond - Gov't/Treasury90.74 Cr0.39%
08.27 KA Sdl 2025Bond - Gov't/Treasury85.49 Cr0.37%
08.27 HR Sdl2025dec2Bond - Gov't/Treasury85.49 Cr0.37%
08.82 JH Sdl 2026Bond - Gov't/Treasury77.89 Cr0.34%
08.28 KA Sdl 2026Bond - Gov't/Treasury75.81 Cr0.33%
7.59% Govt Stock 2026Bond - Gov't/Treasury75.39 Cr0.32%
Tata Housing Development Co Ltd.Cash - Commercial Paper74.76 Cr0.32%
Indian BankCash - CD/Time Deposit73.79 Cr0.32%
LIC Housing Finance LimitedCash - Commercial Paper73.6 Cr0.32%
IDFC First Bank LimitedCash - CD/Time Deposit73.53 Cr0.32%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit73.44 Cr0.32%
Hsbc Investdirect Financial Services (India) Limited**Cash73.37 Cr0.32%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit73.04 Cr0.31%
Indian BankCash - CD/Time Deposit73.03 Cr0.31%
Kotak Mahindra Bank Limited**Cash - CD/Time Deposit72.9 Cr0.31%
ICICI Securities LimitedCash - Commercial Paper71.86 Cr0.31%
08.22 Tn SDL 2025decBond - Gov't/Treasury60.28 Cr0.26%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End57.44 Cr0.25%
0% Goi - 16dec25 StripsBond - Gov't/Treasury54.38 Cr0.23%
08.38 HR Sdl 2026Bond - Gov't/Treasury50.41 Cr0.22%
Fedbank Financial Services LtdCash - Commercial Paper49.4 Cr0.21%
Arka Fincap LimitedCash - Commercial Paper49.2 Cr0.21%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit49.15 Cr0.21%
Bank of BarodaBond - Corporate Bond49.04 Cr0.21%
Canara Bank**Cash49.04 Cr0.21%
Pilani Investment & Industries Corporation LimitedCash - Commercial Paper48.95 Cr0.21%
7.36 GoiBond - Gov't/Treasury48.95 Cr0.21%
Birla Group Holdings Private LimitedCash - Commercial Paper48.88 Cr0.21%
Canara BankCash - CD/Time Deposit48.85 Cr0.21%
Muthoot Finance LimitedCash - Commercial Paper48.79 Cr0.21%
364 DTB 19mar2026Bond - Gov't/Treasury48.75 Cr0.21%
Export-Import Bank Of IndiaCash - CD/Time Deposit48.75 Cr0.21%
Godrej Finance LimitedCash - Commercial Paper48.64 Cr0.21%
HDFC Bank Ltd.Bond - Corporate Bond48.59 Cr0.21%
Union Bank Of IndiaCash - CD/Time Deposit47.79 Cr0.21%
08.51 HR Sdl 2026Bond - Gov't/Treasury45.42 Cr0.20%
08.67 KA Sdl 2026Bond - Gov't/Treasury43.56 Cr0.19%
Goi Strips - Mat 190326Bond - Gov't/Treasury41.52 Cr0.18%
08.67 MH Sdl 2026Bond - Gov't/Treasury35.39 Cr0.15%
GSCG 17JUN2026Bond - Gov't/Treasury35.06 Cr0.15%
08.27 KA Sdl 2026Bond - Gov't/Treasury32.72 Cr0.14%
08.53 Up SDL 2026Bond - Gov't/Treasury30.28 Cr0.13%
08.39 AP Sdl 2026Bond - Gov't/Treasury30.25 Cr0.13%
08.34 Up SDL 2026Bond - Gov't/Treasury30.21 Cr0.13%
08.29 AP Sdl 2026Bond - Gov't/Treasury30.21 Cr0.13%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit29.42 Cr0.13%
08.83 Up SDL 2026Bond - Gov't/Treasury26 Cr0.11%
08.72 AP Sdl 2026Bond - Gov't/Treasury25.28 Cr0.11%
07.69 MP UDAY 2026Bond - Gov't Agency Debt25.2 Cr0.11%
08.27 Wb SDL 2025Bond - Gov't/Treasury25.18 Cr0.11%
08.32 CG Sdl 2026Bond - Gov't/Treasury25.17 Cr0.11%
08.27 Tn SDL 2025decBond - Gov't/Treasury25.15 Cr0.11%
07.98 AP Sdl 2025Bond - Gov't/Treasury25.02 Cr0.11%
Icici Securities LimitedCash - Commercial Paper24.63 Cr0.11%
IDFC First Bank Ltd. ** #Cash - CD/Time Deposit24.53 Cr0.11%
Axis Bank LimitedCash - CD/Time Deposit24.49 Cr0.11%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit24.48 Cr0.11%
IDBI Bank Limited (Industrial Development Bank Of India Ltd)Cash - CD/Time Deposit24.48 Cr0.11%
HDFC Bank LimitedCash - CD/Time Deposit24.48 Cr0.11%
Canara BankCash - CD/Time Deposit24.37 Cr0.10%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit24.32 Cr0.10%
Indian BankCash - CD/Time Deposit24.1 Cr0.10%
Axis Bank LimitedCash - CD/Time Deposit23.95 Cr0.10%
08.43 AS Sdl 2026Bond - Gov't/Treasury21.8 Cr0.09%
08.39 Up SDL 2026Bond - Gov't/Treasury21.28 Cr0.09%
08.82 BR Sdl 2026Bond - Gov't/Treasury20.23 Cr0.09%
08.38 OD Sdl 2026Bond - Gov't/Treasury20.16 Cr0.09%
07.01 PY Sdl 2026Bond - Gov't/Treasury20.08 Cr0.09%
08.39 RJ UDAY 2026Bond - Gov't Agency Debt17.44 Cr0.08%
08.76 MP Sdl 2026Bond - Gov't/Treasury17.34 Cr0.07%
08.65 RJ Sdl 2026Bond - Gov't/Treasury15.16 Cr0.07%
08.53 Ts SDL 2026Bond - Gov't/Treasury11.61 Cr0.05%
08.22 KA Sdl 2025Bond - Gov't/Treasury10.9 Cr0.05%
07.95 FERT BND 2026Bond - Gov't Agency Debt10.25 Cr0.04%
08.47 MH Sdl 2026Bond - Gov't/Treasury10.09 Cr0.04%
08.30 RJ Sdl 2026Bond - Gov't/Treasury10.07 Cr0.04%
07.99 MH Sdl 2025Bond - Gov't/Treasury10.02 Cr0.04%
08.01 PN Sdl 2025Bond - Gov't/Treasury10.01 Cr0.04%
08.07 Tn SDL 2026Bond - Gov't/Treasury9.8 Cr0.04%
08.00 OIL SPL 2026Bond - Gov't Agency Debt8.3 Cr0.04%
08.00 Tn SDL 2025Bond - Gov't/Treasury8.01 Cr0.03%
GSCG 15JUN2026Bond - Gov't/Treasury5.37 Cr0.02%
08.26 MH Sdl 2025decBond - Gov't/Treasury5.03 Cr0.02%
08.25 JH Sdl 2025Bond - Gov't/Treasury5.03 Cr0.02%
08.21 MH Sdl 2025Bond - Gov't/Treasury5.02 Cr0.02%
08.15 MP Sdl 2025Bond - Gov't/Treasury5.01 Cr0.02%
08.12 MH Sdl 2025Bond - Gov't/Treasury5.01 Cr0.02%
08.14 RJ Sdl 2025Bond - Gov't/Treasury5.01 Cr0.02%
07.99 KL Sdl 2025Bond - Gov't/Treasury5.01 Cr0.02%
07.98 KA Sdl 2025Bond - Gov't/Treasury5 Cr0.02%
08.60 BR Sdl 2026Bond - Gov't/Treasury3.54 Cr0.02%
08.40 OIL SPL 2026Bond - Gov't Agency Debt2.92 Cr0.01%
08.53 Tn SDL 2026Bond - Gov't/Treasury1.98 Cr0.01%
08.31 Ts SDL 2026Bond - Gov't/Treasury1.46 Cr0.01%
08.58 Up SDL 2026Bond - Gov't/Treasury1.11 Cr0.00%
Cash Margin - CcilCash - Collateral0.54 Cr0.00%
08.53 Uk SDL 2026Bond - Gov't/Treasury0.51 Cr0.00%
08.53 CG Sdl 2026Bond - Gov't/Treasury0.51 Cr0.00%
08.57 Wb SDL 2026Bond - Gov't/Treasury0.51 Cr0.00%
08.53 NL Sdl 2026Bond - Gov't/Treasury0.51 Cr0.00%
07.71 TS UDAY 2026Bond - Gov't Agency Debt0.3 Cr0.00%
08.55 AS Sdl 2026Bond - Gov't/Treasury0.28 Cr0.00%
06.90 OIL SPL 2026Bond - Gov't Agency Debt0.11 Cr0.00%
08.21 RJ UDAY 2026Bond - Gov't Agency Debt0.1 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit10,633.78 Cr45.74%
Cash - Commercial Paper6,716.96 Cr28.89%
Bond - Gov't/Treasury3,354.02 Cr14.43%
Cash1,403.66 Cr10.98%
Cash - Repurchase Agreement457.11 Cr1.97%
Bond - Gov't Agency Debt380.63 Cr1.64%
Bond - Corporate Bond242.12 Cr1.04%
Mutual Fund - Open End57.44 Cr0.25%
Cash - Collateral0.54 Cr0.00%

Risk & Performance Ratios

Standard Deviation

This fund

0.33%

Cat. avg.

0.51%

Lower the better

Sharpe Ratio

This fund

2.71

Cat. avg.

1.09

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

5.92

Higher the better

Fund Managers

KD

Kinjal Desai

Since July 2018

Vikash Agarwal

Vikash Agarwal

Since September 2024

Additional Scheme Detailsas of 30th September 2025

ISIN
INF204K01ZP3
Expense Ratio
0.22%
Exit Load
No Charges
Fund Size
₹23,246 Cr
Age
12 years 9 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
Nifty Money Market Index A-I TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
JioBlackRock Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2388.11 Cr-
Bank of India Money Market Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹183.04 Cr-
Bank of India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹183.04 Cr-
Zerodha Nifty 1D Rate Liquid ETF

Low Risk

0.3%-₹5430.77 Cr5.8%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3319.43 Cr7.9%
Mirae Asset Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹3319.43 Cr7.5%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3999.50 Cr7.7%
ICICI Prudential Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹37136.65 Cr7.8%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹12246.66 Cr7.8%
Nippon India Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹23246.25 Cr7.9%
Invesco India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4771.51 Cr7.6%
Edelweiss Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1647.30 Cr7.7%
Kotak Money Market Scheme Direct Growth

Low to Moderate Risk

0.2%0.0%₹32820.86 Cr7.8%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹18085.61 Cr7.9%
Axis Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹18085.61 Cr7.7%
Sundaram Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹1760.95 Cr7.6%
Sundaram Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹1760.95 Cr7.8%
Invesco India Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹4771.51 Cr7.4%
UTI Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹18862.20 Cr7.8%
Aditya BSL Money Manager Fund Direct Growth

Moderate Risk

0.2%0.0%₹26757.31 Cr7.8%
SBI Savings Fund Direct Growth

Moderate Risk

0.3%0.0%₹36565.60 Cr7.8%
Tata Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹38807.85 Cr7.9%
Franklin India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3580.24 Cr7.9%
Baroda BNP Paribas Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2936.84 Cr7.8%
Baroda BNP Paribas Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹2936.84 Cr7.6%
DSP Savings Fund Direct Growth

Moderate Risk

0.1%0.0%₹5453.39 Cr7.5%
HDFC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹37139.08 Cr7.8%
PGIM India Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹157.77 Cr7.4%
PGIM India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹157.77 Cr7.6%
UTI Money Market Fund Regular Growth

Low to Moderate Risk

0.2%0.0%₹18862.20 Cr7.7%
Bajaj Finserv Money Market Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹6563.26 Cr7.2%
Bajaj Finserv Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹6563.26 Cr7.9%
Kotak Money Market Scheme Regular Growth

Low to Moderate Risk

0.4%0.0%₹32820.86 Cr7.6%
Aditya BSL Money Manager Fund Regular Growth

Moderate Risk

0.4%0.0%₹26757.31 Cr7.7%
Bandhan Money Manager Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹12246.66 Cr7.5%
DSP Savings Fund Regular Growth

Moderate Risk

0.4%0.0%₹5453.39 Cr7.2%
HSBC Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹3999.50 Cr7.5%
SBI Savings Fund Regular Growth

Moderate Risk

0.6%0.0%₹36565.60 Cr7.3%
ICICI Prudential Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹37136.65 Cr7.7%
Nippon India Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹23246.25 Cr7.7%
HDFC Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹37139.08 Cr7.6%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹3580.24 Cr7.7%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹38807.85 Cr7.7%
LIC MF Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹2619.38 Cr6.7%
LIC MF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2619.38 Cr7.1%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹95.49 Cr7.2%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹95.49 Cr7.5%
Union Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹242.36 Cr6.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹242.36 Cr7.5%
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹1647.30 Cr7.0%

About the AMC

Nippon India Mutual Fund

Nippon India Mutual Fund

Total AUM

₹6,54,209 Cr

Address

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

Other Funds by Nippon India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Nippon India Nifty India Manufacturing Index Fund Direct Growth

Very High Risk

0.3%0.0%₹35.90 Cr-
Nippon India MNC Fund Direct Growth

Very High Risk

1.1%1.0%₹410.10 Cr-
Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth

Moderate Risk

0.4%0.0%₹759.96 Cr-
Nippon India BSE Sensex Next 30 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹37.82 Cr-
Nippon India Nifty 500 Low Volatility 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹11.18 Cr-
Nippon India Nifty 500 Quality 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹35.60 Cr-
Nippon India Active Momentum Fund Direct Growth

Very High Risk

0.7%1.0%₹254.28 Cr-
Nippon India Nifty Auto Index Fund Direct Growth

Very High Risk

0.3%0.0%₹30.57 Cr-
Nippon India Nifty Realty Index Fund Direct Growth

Very High Risk

0.3%0.0%₹24.54 Cr-
Nippon India CRISIL-IBX AAA Financial Services - Dec 2026 Index Fund Regular Growth

Moderate Risk

0.1%0.0%₹91.11 Cr-
Nippon India CRISIL-IBX AAA Financial Services - Jan 2028 Index Fund Regular Growth

Low to Moderate Risk

0.1%0.0%₹80.14 Cr-
Nippon India Nifty 500 Momentum 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹973.23 Cr-18.0%
Nippon India Nifty 500 Equal Weight Index Fund Direct Growth

Very High Risk

0.3%0.0%₹430.80 Cr-4.7%
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

0.3%0.0%₹146.23 Cr-16.2%
Nippon India Nifty Bank Index Fund Direct Growth

Very High Risk

0.2%0.0%₹163.32 Cr9.5%
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

0.6%1.0%₹2800.81 Cr-0.3%
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 Cr5.7%
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 to Moderate Risk

--₹51.85 Cr7.2%
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%₹3.00 Cr7.3%
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 to Moderate Risk

-0.0%₹220.19 Cr7.4%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Low to Moderate Risk

-0.0%₹72.20 Cr8.1%
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%₹180.11 Cr8.4%
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 Cr9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth

Low Risk

-0.0%₹2.74 Cr5.8%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Quarterly Series II Direct Growth

Moderate Risk

-0.0%₹14.34 Cr6.4%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

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The NAV of Nippon India Money Market Fund Direct Growth, as of 14-Oct-2025, is ₹4291.37.
The fund has generated 7.85% over the last 1 year and 7.74% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 15.21% in bonds, and 84.54% in cash and cash equivalents.
The fund managers responsible for Nippon India Money Market Fund Direct Growth are:-
  1. Kinjal Desai
  2. Vikash Agarwal

Fund Overview

Fund Size

Fund Size

₹23,246 Cr

Expense Ratio

Expense Ratio

0.22%

ISIN

ISIN

INF204K01ZP3

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

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 12 years, 9 months and 14 days, having been launched on 01-Jan-13.
As of 14-Oct-25, it has a Net Asset Value (NAV) of ₹4291.37, Assets Under Management (AUM) of 23246.25 Crores, and an expense ratio of 0.22%.
  • Nippon India Money Market Fund Direct Growth has given a CAGR return of 7.36% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 15.21% in debts, and 84.54% 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

+7.85%

+7.14% (Cat Avg.)

3 Years

+7.74%

+7.12% (Cat Avg.)

5 Years

+6.29%

+5.79% (Cat Avg.)

10 Years

+6.90%

+5.87% (Cat Avg.)

Since Inception

+7.36%

(Cat Avg.)

Portfolio Summaryas of 30th September 2025

Debt3,536.7 Cr15.21%
Others19,709.55 Cr84.79%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Canara Bank (13/03/2026)Cash - CD/Time Deposit584.15 Cr2.51%
Net Current AssetsCash-574.79 Cr2.47%
Kotak Mahindra Bank Limited**Cash565.03 Cr2.43%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit466.32 Cr2.01%
Triparty RepoCash - Repurchase Agreement457.11 Cr1.97%
Axis Bank LimitedCash - CD/Time Deposit440.68 Cr1.90%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit439.79 Cr1.89%
Axis Bank Ltd.Cash - CD/Time Deposit433.11 Cr1.86%
Indusind Bank LimitedCash - CD/Time Deposit392.25 Cr1.69%
HDFC Bank LimitedCash - CD/Time Deposit365.15 Cr1.57%
Bank Of BarodaCash360.69 Cr1.55%
LIC Housing Finance Limited**Cash - Commercial Paper340.68 Cr1.47%
Embassy Office Parks ReitCash - Commercial Paper340.62 Cr1.47%
Punjab National Bank (18/03/2026)Cash - CD/Time Deposit340.48 Cr1.46%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit336.54 Cr1.45%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit317.59 Cr1.37%
Bank Of BarodaCash - CD/Time Deposit294.76 Cr1.27%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit294.42 Cr1.27%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit293.72 Cr1.26%
Bank Of BarodaCash - CD/Time Deposit290.57 Cr1.25%
Mindspace Business Parks REITCash - Commercial Paper274.06 Cr1.18%
HDFC Bank LimitedCash - CD/Time Deposit268.43 Cr1.15%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit264.33 Cr1.14%
Sharekhan LimitedCash - Commercial Paper249.23 Cr1.07%
Credila Financial Services LimitedCash - Commercial Paper247.04 Cr1.06%
364 DTB 27022026Bond - Gov't/Treasury244.51 Cr1.05%
364 Days Tbill (Md 05/03/2026)Bond - Gov't/Treasury244.29 Cr1.05%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit243.43 Cr1.05%
Indusind Bank Ltd.Cash - CD/Time Deposit243.09 Cr1.05%
Motilal Oswal Financial Services LimitedCash - Commercial Paper242.91 Cr1.04%
Manappuram Finance LimitedCash - Commercial Paper242.04 Cr1.04%
IDFC First Bank LimitedCash - CD/Time Deposit240.19 Cr1.03%
HDFC Bank LimitedCash - CD/Time Deposit235.74 Cr1.01%
Karur Vysya Bank Limited**Cash234.8 Cr1.01%
07.36 UK Gs 2033Bond - Gov't/Treasury229.67 Cr0.99%
Indian BankBond - Gov't Agency Debt218.84 Cr0.94%
Embassy Office Parks REITCash - Commercial Paper218.6 Cr0.94%
HDFC Bank LimitedCash - CD/Time Deposit216.4 Cr0.93%
The Federal Bank LimitedCash - CD/Time Deposit196.53 Cr0.85%
Small Industries Development Bank of IndiaCash - Commercial Paper195.02 Cr0.84%
Piramal Housing Finance LimitedCash - Commercial Paper194.92 Cr0.84%
Tvs Credit Services Limited**Cash194.57 Cr0.84%
Tata Capital Housing Finance Limited**Cash - Commercial Paper194.47 Cr0.84%
Standard Chartered Capital Limited**Cash - Commercial Paper193.82 Cr0.83%
Piramal Capital & Housing Finance Limited**Cash - Commercial Paper193.25 Cr0.83%
Standard Chartered Investments And Loans (India) LimitedCash - Commercial Paper191.24 Cr0.82%
Axis Bank LimitedCash - CD/Time Deposit191.18 Cr0.82%
Manappuram Finance LimitedCash - Commercial Paper190.71 Cr0.82%
Manappuram Finance Ltd.Cash - Commercial Paper189.99 Cr0.82%
Au Small Finance Bank Limited**Cash187.76 Cr0.81%
364 Days Tbill Red 12-03-2026Bond - Gov't/Treasury170.81 Cr0.73%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit170.75 Cr0.73%
Poonawalla Fincorp Limited**Cash - Commercial Paper164.68 Cr0.71%
182 Days Tbill Red 29-01-2026Bond - Gov't/Treasury162.07 Cr0.70%
Export-Import Bank Of IndiaCash - Commercial Paper147.11 Cr0.63%
Union Bank Of IndiaCash - CD/Time Deposit146.53 Cr0.63%
The Federal Bank LimitedCash - CD/Time Deposit146.47 Cr0.63%
Bharti Telecom LimitedCash - Commercial Paper146.26 Cr0.63%
Deutsche Investments India Private LimitedCash - Commercial Paper145.9 Cr0.63%
ICICI Securities LimitedCash - Commercial Paper145.44 Cr0.63%
HDFC Bank LimitedCash - CD/Time Deposit145.4 Cr0.63%
AU Small Finance Bank Ltd.Bond - Corporate Bond144.49 Cr0.62%
Interise TrustCash - Commercial Paper143.6 Cr0.62%
Axis Bank LimitedCash - CD/Time Deposit142.18 Cr0.61%
08.36 MH Sdl 2026Bond - Gov't/Treasury136.11 Cr0.59%
Highways Infrastructure TrustCash - Commercial Paper133.36 Cr0.57%
08.69 Tn SDL 2026Bond - Gov't/Treasury126.4 Cr0.54%
Indian BankCash - CD/Time Deposit122.77 Cr0.53%
Union Bank Of IndiaCash - CD/Time Deposit122.45 Cr0.53%
Bank Of BarodaCash - CD/Time Deposit122.32 Cr0.53%
Bank Of Baroda**Cash122.04 Cr0.53%
Axis Bank LimitedCash - CD/Time Deposit121.87 Cr0.52%
Bank Of BarodaCash - CD/Time Deposit121.73 Cr0.52%
Indian BankCash - CD/Time Deposit119.78 Cr0.52%
Treasury BillsBond - Gov't/Treasury113.31 Cr0.49%
08.69 KL Sdl 2026Bond - Gov't/Treasury101.11 Cr0.43%
05.72 BR Sdl 2026Bond - Gov't/Treasury99.98 Cr0.43%
Julius Baer Capital (India) Private LimitedCash - Commercial Paper98.47 Cr0.42%
Bank Of BarodaCash - CD/Time Deposit98.43 Cr0.42%
Bank Of BarodaCash - CD/Time Deposit98.37 Cr0.42%
Muthoot Finance LimitedCash - Commercial Paper98.09 Cr0.42%
Canara BankCash - CD/Time Deposit97.96 Cr0.42%
Au Small Finance Bank LimitedCash - CD/Time Deposit97.85 Cr0.42%
Barclays Investments & Loans (India) LimitedCash - Commercial Paper97.77 Cr0.42%
Hero Fincorp LimitedCash - Commercial Paper97.62 Cr0.42%
IDBI Bank LimitedCash - CD/Time Deposit97.62 Cr0.42%
Bahadur Chand Investments Private LimitedCash - Commercial Paper97.61 Cr0.42%
IDBI Bank LimitedCash - CD/Time Deposit97.57 Cr0.42%
182 Days TbillBond - Gov't/Treasury97.51 Cr0.42%
IIFL Wealth Management LimitedCash - Commercial Paper97.48 Cr0.42%
Union Bank Of IndiaCash - CD/Time Deposit97.47 Cr0.42%
Standard Chartered Capital LimitedCash - Commercial Paper97.43 Cr0.42%
The Federal Bank LimitedCash - CD/Time Deposit97.35 Cr0.42%
LIC Housing Finance Limited**Cash - Commercial Paper97.23 Cr0.42%
Punjab National BankCash - CD/Time Deposit97.17 Cr0.42%
Indian BankBond - Gov't Agency Debt97.17 Cr0.42%
Godrej Finance Limited**Cash - Commercial Paper97.17 Cr0.42%
360 One Prime Limited**Cash - Commercial Paper96.93 Cr0.42%
Tata Capital LimitedCash - Commercial Paper95.89 Cr0.41%
Hdfc Bank LimitedCash95.79 Cr0.41%
08.42 KL Sdl 2026Bond - Gov't/Treasury95.79 Cr0.41%
Birla Group Holdings Private LimitedCash - Commercial Paper95.67 Cr0.41%
Barclays Investments & Loans (India) LimitedCash - Commercial Paper95.53 Cr0.41%
Arka Fincap Limited**Cash95.36 Cr0.41%
Deutsche Investments India Private LimitedCash - Commercial Paper95.27 Cr0.41%
Truhome Finance Ltd.Cash - Commercial Paper95.17 Cr0.41%
08.42 JH Sdl 2026Bond - Gov't/Treasury90.74 Cr0.39%
08.27 KA Sdl 2025Bond - Gov't/Treasury85.49 Cr0.37%
08.27 HR Sdl2025dec2Bond - Gov't/Treasury85.49 Cr0.37%
08.82 JH Sdl 2026Bond - Gov't/Treasury77.89 Cr0.34%
08.28 KA Sdl 2026Bond - Gov't/Treasury75.81 Cr0.33%
7.59% Govt Stock 2026Bond - Gov't/Treasury75.39 Cr0.32%
Tata Housing Development Co Ltd.Cash - Commercial Paper74.76 Cr0.32%
Indian BankCash - CD/Time Deposit73.79 Cr0.32%
LIC Housing Finance LimitedCash - Commercial Paper73.6 Cr0.32%
IDFC First Bank LimitedCash - CD/Time Deposit73.53 Cr0.32%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit73.44 Cr0.32%
Hsbc Investdirect Financial Services (India) Limited**Cash73.37 Cr0.32%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit73.04 Cr0.31%
Indian BankCash - CD/Time Deposit73.03 Cr0.31%
Kotak Mahindra Bank Limited**Cash - CD/Time Deposit72.9 Cr0.31%
ICICI Securities LimitedCash - Commercial Paper71.86 Cr0.31%
08.22 Tn SDL 2025decBond - Gov't/Treasury60.28 Cr0.26%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End57.44 Cr0.25%
0% Goi - 16dec25 StripsBond - Gov't/Treasury54.38 Cr0.23%
08.38 HR Sdl 2026Bond - Gov't/Treasury50.41 Cr0.22%
Fedbank Financial Services LtdCash - Commercial Paper49.4 Cr0.21%
Arka Fincap LimitedCash - Commercial Paper49.2 Cr0.21%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit49.15 Cr0.21%
Bank of BarodaBond - Corporate Bond49.04 Cr0.21%
Canara Bank**Cash49.04 Cr0.21%
Pilani Investment & Industries Corporation LimitedCash - Commercial Paper48.95 Cr0.21%
7.36 GoiBond - Gov't/Treasury48.95 Cr0.21%
Birla Group Holdings Private LimitedCash - Commercial Paper48.88 Cr0.21%
Canara BankCash - CD/Time Deposit48.85 Cr0.21%
Muthoot Finance LimitedCash - Commercial Paper48.79 Cr0.21%
364 DTB 19mar2026Bond - Gov't/Treasury48.75 Cr0.21%
Export-Import Bank Of IndiaCash - CD/Time Deposit48.75 Cr0.21%
Godrej Finance LimitedCash - Commercial Paper48.64 Cr0.21%
HDFC Bank Ltd.Bond - Corporate Bond48.59 Cr0.21%
Union Bank Of IndiaCash - CD/Time Deposit47.79 Cr0.21%
08.51 HR Sdl 2026Bond - Gov't/Treasury45.42 Cr0.20%
08.67 KA Sdl 2026Bond - Gov't/Treasury43.56 Cr0.19%
Goi Strips - Mat 190326Bond - Gov't/Treasury41.52 Cr0.18%
08.67 MH Sdl 2026Bond - Gov't/Treasury35.39 Cr0.15%
GSCG 17JUN2026Bond - Gov't/Treasury35.06 Cr0.15%
08.27 KA Sdl 2026Bond - Gov't/Treasury32.72 Cr0.14%
08.53 Up SDL 2026Bond - Gov't/Treasury30.28 Cr0.13%
08.39 AP Sdl 2026Bond - Gov't/Treasury30.25 Cr0.13%
08.34 Up SDL 2026Bond - Gov't/Treasury30.21 Cr0.13%
08.29 AP Sdl 2026Bond - Gov't/Treasury30.21 Cr0.13%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit29.42 Cr0.13%
08.83 Up SDL 2026Bond - Gov't/Treasury26 Cr0.11%
08.72 AP Sdl 2026Bond - Gov't/Treasury25.28 Cr0.11%
07.69 MP UDAY 2026Bond - Gov't Agency Debt25.2 Cr0.11%
08.27 Wb SDL 2025Bond - Gov't/Treasury25.18 Cr0.11%
08.32 CG Sdl 2026Bond - Gov't/Treasury25.17 Cr0.11%
08.27 Tn SDL 2025decBond - Gov't/Treasury25.15 Cr0.11%
07.98 AP Sdl 2025Bond - Gov't/Treasury25.02 Cr0.11%
Icici Securities LimitedCash - Commercial Paper24.63 Cr0.11%
IDFC First Bank Ltd. ** #Cash - CD/Time Deposit24.53 Cr0.11%
Axis Bank LimitedCash - CD/Time Deposit24.49 Cr0.11%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit24.48 Cr0.11%
IDBI Bank Limited (Industrial Development Bank Of India Ltd)Cash - CD/Time Deposit24.48 Cr0.11%
HDFC Bank LimitedCash - CD/Time Deposit24.48 Cr0.11%
Canara BankCash - CD/Time Deposit24.37 Cr0.10%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit24.32 Cr0.10%
Indian BankCash - CD/Time Deposit24.1 Cr0.10%
Axis Bank LimitedCash - CD/Time Deposit23.95 Cr0.10%
08.43 AS Sdl 2026Bond - Gov't/Treasury21.8 Cr0.09%
08.39 Up SDL 2026Bond - Gov't/Treasury21.28 Cr0.09%
08.82 BR Sdl 2026Bond - Gov't/Treasury20.23 Cr0.09%
08.38 OD Sdl 2026Bond - Gov't/Treasury20.16 Cr0.09%
07.01 PY Sdl 2026Bond - Gov't/Treasury20.08 Cr0.09%
08.39 RJ UDAY 2026Bond - Gov't Agency Debt17.44 Cr0.08%
08.76 MP Sdl 2026Bond - Gov't/Treasury17.34 Cr0.07%
08.65 RJ Sdl 2026Bond - Gov't/Treasury15.16 Cr0.07%
08.53 Ts SDL 2026Bond - Gov't/Treasury11.61 Cr0.05%
08.22 KA Sdl 2025Bond - Gov't/Treasury10.9 Cr0.05%
07.95 FERT BND 2026Bond - Gov't Agency Debt10.25 Cr0.04%
08.47 MH Sdl 2026Bond - Gov't/Treasury10.09 Cr0.04%
08.30 RJ Sdl 2026Bond - Gov't/Treasury10.07 Cr0.04%
07.99 MH Sdl 2025Bond - Gov't/Treasury10.02 Cr0.04%
08.01 PN Sdl 2025Bond - Gov't/Treasury10.01 Cr0.04%
08.07 Tn SDL 2026Bond - Gov't/Treasury9.8 Cr0.04%
08.00 OIL SPL 2026Bond - Gov't Agency Debt8.3 Cr0.04%
08.00 Tn SDL 2025Bond - Gov't/Treasury8.01 Cr0.03%
GSCG 15JUN2026Bond - Gov't/Treasury5.37 Cr0.02%
08.26 MH Sdl 2025decBond - Gov't/Treasury5.03 Cr0.02%
08.25 JH Sdl 2025Bond - Gov't/Treasury5.03 Cr0.02%
08.21 MH Sdl 2025Bond - Gov't/Treasury5.02 Cr0.02%
08.15 MP Sdl 2025Bond - Gov't/Treasury5.01 Cr0.02%
08.12 MH Sdl 2025Bond - Gov't/Treasury5.01 Cr0.02%
08.14 RJ Sdl 2025Bond - Gov't/Treasury5.01 Cr0.02%
07.99 KL Sdl 2025Bond - Gov't/Treasury5.01 Cr0.02%
07.98 KA Sdl 2025Bond - Gov't/Treasury5 Cr0.02%
08.60 BR Sdl 2026Bond - Gov't/Treasury3.54 Cr0.02%
08.40 OIL SPL 2026Bond - Gov't Agency Debt2.92 Cr0.01%
08.53 Tn SDL 2026Bond - Gov't/Treasury1.98 Cr0.01%
08.31 Ts SDL 2026Bond - Gov't/Treasury1.46 Cr0.01%
08.58 Up SDL 2026Bond - Gov't/Treasury1.11 Cr0.00%
Cash Margin - CcilCash - Collateral0.54 Cr0.00%
08.53 Uk SDL 2026Bond - Gov't/Treasury0.51 Cr0.00%
08.53 CG Sdl 2026Bond - Gov't/Treasury0.51 Cr0.00%
08.57 Wb SDL 2026Bond - Gov't/Treasury0.51 Cr0.00%
08.53 NL Sdl 2026Bond - Gov't/Treasury0.51 Cr0.00%
07.71 TS UDAY 2026Bond - Gov't Agency Debt0.3 Cr0.00%
08.55 AS Sdl 2026Bond - Gov't/Treasury0.28 Cr0.00%
06.90 OIL SPL 2026Bond - Gov't Agency Debt0.11 Cr0.00%
08.21 RJ UDAY 2026Bond - Gov't Agency Debt0.1 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit10,633.78 Cr45.74%
Cash - Commercial Paper6,716.96 Cr28.89%
Bond - Gov't/Treasury3,354.02 Cr14.43%
Cash1,403.66 Cr10.98%
Cash - Repurchase Agreement457.11 Cr1.97%
Bond - Gov't Agency Debt380.63 Cr1.64%
Bond - Corporate Bond242.12 Cr1.04%
Mutual Fund - Open End57.44 Cr0.25%
Cash - Collateral0.54 Cr0.00%

Risk & Performance Ratios

Standard Deviation

This fund

0.33%

Cat. avg.

0.51%

Lower the better

Sharpe Ratio

This fund

2.71

Cat. avg.

1.09

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

5.92

Higher the better

Fund Managers

KD

Kinjal Desai

Since July 2018

Vikash Agarwal

Vikash Agarwal

Since September 2024

Additional Scheme Detailsas of 30th September 2025

ISIN
INF204K01ZP3
Expense Ratio
0.22%
Exit Load
No Charges
Fund Size
₹23,246 Cr
Age
12 years 9 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
Nifty Money Market Index A-I TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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Low to Moderate Risk

0.1%0.0%₹12246.66 Cr7.8%
Nippon India Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹23246.25 Cr7.9%
Invesco India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4771.51 Cr7.6%
Edelweiss Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1647.30 Cr7.7%
Kotak Money Market Scheme Direct Growth

Low to Moderate Risk

0.2%0.0%₹32820.86 Cr7.8%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹18085.61 Cr7.9%
Axis Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹18085.61 Cr7.7%
Sundaram Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹1760.95 Cr7.6%
Sundaram Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹1760.95 Cr7.8%
Invesco India Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹4771.51 Cr7.4%
UTI Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹18862.20 Cr7.8%
Aditya BSL Money Manager Fund Direct Growth

Moderate Risk

0.2%0.0%₹26757.31 Cr7.8%
SBI Savings Fund Direct Growth

Moderate Risk

0.3%0.0%₹36565.60 Cr7.8%
Tata Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹38807.85 Cr7.9%
Franklin India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3580.24 Cr7.9%
Baroda BNP Paribas Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2936.84 Cr7.8%
Baroda BNP Paribas Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹2936.84 Cr7.6%
DSP Savings Fund Direct Growth

Moderate Risk

0.1%0.0%₹5453.39 Cr7.5%
HDFC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹37139.08 Cr7.8%
PGIM India Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹157.77 Cr7.4%
PGIM India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹157.77 Cr7.6%
UTI Money Market Fund Regular Growth

Low to Moderate Risk

0.2%0.0%₹18862.20 Cr7.7%
Bajaj Finserv Money Market Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹6563.26 Cr7.2%
Bajaj Finserv Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹6563.26 Cr7.9%
Kotak Money Market Scheme Regular Growth

Low to Moderate Risk

0.4%0.0%₹32820.86 Cr7.6%
Aditya BSL Money Manager Fund Regular Growth

Moderate Risk

0.4%0.0%₹26757.31 Cr7.7%
Bandhan Money Manager Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹12246.66 Cr7.5%
DSP Savings Fund Regular Growth

Moderate Risk

0.4%0.0%₹5453.39 Cr7.2%
HSBC Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹3999.50 Cr7.5%
SBI Savings Fund Regular Growth

Moderate Risk

0.6%0.0%₹36565.60 Cr7.3%
ICICI Prudential Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹37136.65 Cr7.7%
Nippon India Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹23246.25 Cr7.7%
HDFC Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹37139.08 Cr7.6%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹3580.24 Cr7.7%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹38807.85 Cr7.7%
LIC MF Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹2619.38 Cr6.7%
LIC MF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2619.38 Cr7.1%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹95.49 Cr7.2%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹95.49 Cr7.5%
Union Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹242.36 Cr6.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹242.36 Cr7.5%
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹1647.30 Cr7.0%

About the AMC

Nippon India Mutual Fund

Nippon India Mutual Fund

Total AUM

₹6,54,209 Cr

Address

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

Other Funds by Nippon India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Nippon India Nifty India Manufacturing Index Fund Direct Growth

Very High Risk

0.3%0.0%₹35.90 Cr-
Nippon India MNC Fund Direct Growth

Very High Risk

1.1%1.0%₹410.10 Cr-
Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth

Moderate Risk

0.4%0.0%₹759.96 Cr-
Nippon India BSE Sensex Next 30 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹37.82 Cr-
Nippon India Nifty 500 Low Volatility 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹11.18 Cr-
Nippon India Nifty 500 Quality 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹35.60 Cr-
Nippon India Active Momentum Fund Direct Growth

Very High Risk

0.7%1.0%₹254.28 Cr-
Nippon India Nifty Auto Index Fund Direct Growth

Very High Risk

0.3%0.0%₹30.57 Cr-
Nippon India Nifty Realty Index Fund Direct Growth

Very High Risk

0.3%0.0%₹24.54 Cr-
Nippon India CRISIL-IBX AAA Financial Services - Dec 2026 Index Fund Regular Growth

Moderate Risk

0.1%0.0%₹91.11 Cr-
Nippon India CRISIL-IBX AAA Financial Services - Jan 2028 Index Fund Regular Growth

Low to Moderate Risk

0.1%0.0%₹80.14 Cr-
Nippon India Nifty 500 Momentum 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹973.23 Cr-18.0%
Nippon India Nifty 500 Equal Weight Index Fund Direct Growth

Very High Risk

0.3%0.0%₹430.80 Cr-4.7%
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

0.3%0.0%₹146.23 Cr-16.2%
Nippon India Nifty Bank Index Fund Direct Growth

Very High Risk

0.2%0.0%₹163.32 Cr9.5%
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

0.6%1.0%₹2800.81 Cr-0.3%
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 Cr5.7%
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 to Moderate Risk

--₹51.85 Cr7.2%
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%₹3.00 Cr7.3%
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 to Moderate Risk

-0.0%₹220.19 Cr7.4%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Low to Moderate Risk

-0.0%₹72.20 Cr8.1%
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%₹180.11 Cr8.4%
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 Cr9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth

Low Risk

-0.0%₹2.74 Cr5.8%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Quarterly Series II Direct Growth

Moderate Risk

-0.0%₹14.34 Cr6.4%

Still got questions?
We're here to help.

The NAV of Nippon India Money Market Fund Direct Growth, as of 14-Oct-2025, is ₹4291.37.
The fund has generated 7.85% over the last 1 year and 7.74% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 15.21% in bonds, and 84.54% in cash and cash equivalents.
The fund managers responsible for Nippon India Money Market Fund Direct Growth are:-
  1. Kinjal Desai
  2. Vikash Agarwal
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