Nippon India Money Market Fund

Q: What are the returns of this mutual fund scheme?

The Nippon India Money Market Fund is a 20 yrs 4 m old fund and has delivered average annual returns of 7.35% since inception. Nippon India Money Market Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.61% 7.58% 6.16% 6.77% 7.35%

Q: How much does this mutual fund charge as expense ratio?

The Nippon India Money Market Fund has an expense ratio of 0.38% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹4238.0519+0.05% 1 day change	7.35% p.a.	App exclusive #NA View Ranked Funds	₹23,246 Cr

Historical NAV & returns

NAV: ₹4238.0519 as on Oct 20, 2025

This fund Category average

Nippon India Money Market Fund overview

AUM (Fund size)	₹23,246 Cr
Exit load	0%
Lock-in Period	Nil
Age	20 yrs 4 m since Jun 15, 2005
Benchmark	NIFTY Money Market Index A-I
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.38% as on Sep 30, 2025
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Nippon India Money Market Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.48%	0.47%
3 Months	1.4%	1.36%
6 Months	3.33%	3.22%
1 Year	7.61%	7.36%
2 Years	7.67%	7.36%
3 Years	7.58%	7.26%
4 Years	6.77%	6.42%
5 Years	6.16%	5.85%
7 Years	6.55%	6.3%
10 Years	6.77%	6.51%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 85.57%

SOV 14.70689136%

Others 0.2523307%

Cash & Call Money -0.51%

Top Debt Holdings

Bank Of Baroda 6.69%

National Bank For Agriculture & Rural Development 6.42%

HDFC Bank Ltd. 6.02%

Axis Bank Ltd. 5.92%

Allocation by Instruments

Certificate of Deposit 55.100000000000016%

Commercial Paper 30.47000000000001%

State Development Loan 8.856416869999997%

Treasury Bills 4.65%

Other Holdings

Others 0.25%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Money Market Fund	0.48%	3.33%	7.61%	7.58%	6.16%	6.77%
UTI Money Market Fund	0.49%	3.33%	7.66%	7.61%	6.15%	6.76%
Sundaram Money Market Fund	0.48%	3.3%	7.53%	7.31%	5.86%	4.35%
Tata Money Market Fund	0.48%	3.3%	7.6%	7.57%	6.14%	5.98%
Aditya Birla Sun Life Money Manager Fund	0.49%	3.32%	7.59%	7.6%	6.15%	6.85%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Money Market Fund	0.33	0.82	3.04	6.25
UTI Money Market Fund	0.32	0.8	3.21	6.79
Sundaram Money Market Fund	0.33	0.85	2.36	4.87
Tata Money Market Fund	0.33	0.83	3.02	6.02
Aditya Birla Sun Life Money Manager Fund	0.31	0.78	3.29	6.39

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Money Market Fund	N.A.	23,246 Cr	20 yrs 4 m	0.38%
UTI Money Market Fund	N.A.	18,862 Cr	16 yrs 3 m	0.22%
Sundaram Money Market Fund	N.A.	1,761 Cr	7 yrs 1 m	0.29%
Tata Money Market Fund	N.A.	38,808 Cr	22 yrs 5 m	0.4%
Aditya Birla Sun Life Money Manager Fund	N.A.	26,757 Cr	20 yrs	0.36%

View all Money Market funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.49 vs. 3.39 Underperformed at beating benchmark
Sharpe	3.04 vs. 3.65 Poor risk-adjusted returns
Beta	0.82 vs. 2.49 Less sensitive to market ups & downs
Standard deviation	0.33 vs. 0.3 More volatile performance

Compare Nippon India Money Market Fund in detail with

About this fund

About Nippon India Money Market Fund

Nippon India Money Market Fund is a Money Market mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 20 yrs 4 m, having been launched on 15/06/2005. Nippon India Money Market Fund has ₹23,246 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Money Market Fund as of 20/10/2025 is ₹4238.05. The fund has an expense ratio of 0.38%, which is higher than what most other Money Market funds charge.

Nippon India Money Market Fund returns of last 1-year are 7.65%. Since launch, it has delivered 7.35% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Nippon India Money Market Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Bank Of Baroda, National Bank For Agriculture & Rural Development, HDFC Bank Ltd., Axis Bank Ltd., Kotak Mahindra Bank Ltd..

...

Fund AUM	23,246 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Vikash Agarwal

Mr. Agarwal is a B.Com., CA, CFA Prior to joining Nippon AMC, he has worked with HDFC AMC, Larsen & Toubro Ltd.

Investment objective

The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments.

Nippon India Mutual Fund details

No. of schemes	71 view all schemes
Total AUM	6,63,684 Cr as on Sep 30, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Nippon India Medium Duration Fund	N.A.	120 Cr	10.07%	8.48%
Nippon India Nivesh Lakshya Long Duration Fund	N.A.	9,652 Cr	5.31%	8.46%
Nippon India Credit Risk Fund	N.A.	983 Cr	9.25%	8.46%
Nippon India Fixed Maturity Plan XLI - Series 8	N.A.	67 Cr	8.0%	8.45%
Nippon India Fixed Maturity Plan XLIII - Series 5	N.A.	181 Cr	8.16%	8.43%
Nippon India Dynamic Bond Fund	N.A.	4,336 Cr	7.77%	8.28%

See all Debt funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Nippon India Money Market Fund plan is approximately ₹4238.0519 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Money Market Fund is a 20 yrs 4 m old fund and has delivered average annual returns of 7.35% since inception.

Nippon India Money Market Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.61%	7.58%	6.16%	6.77%	7.35%

How much does this mutual fund charge as expense ratio?

The Nippon India Money Market Fund has an expense ratio of 0.38%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Nippon India Money Market Fund currently has assets under management (AUM) or fund size valued at approximately 23,246 Cr as on Sep 30, 2025.

To whom does Nippon India Money Market Fund lend to?

The top 3 debt holdings of Nippon India Money Market Fund are as follows

Holding Name	Percentage of Portfolio
Bank Of Baroda	6.69%
National Bank For Agriculture & Rural Development	6.42%
HDFC Bank Ltd.	6.02%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Nippon India Money Market Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	85.57%
SOV	14.70689136%
Others	0.2523307%

What is risk level of Nippon India Money Market Fund?

This is a Money Market fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Nippon India Money Market Fund?

Redeeming your investments in the Nippon India Money Market Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Money Market

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Chance: This fund has generated a 7.03% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.