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Mutual Funds

Nippon India Money Market Fund

Nippon India Money Market Fund icon

Nippon India Money Market Fund

Money MarketRank #11
3/5

NAV (2026-08-28)

4466.63

AUM

₹23,227.09 Cr

Exp. Ratio: 0.39%

RISK LEVEL

Moderate

Returns & Performance

1 Year6.29%0.17% vs cat avgRank #11
3 Year7.27%0.32% vs cat avgRank #4
5 Year6.58%0.38% vs cat avgRank #1
Since Launch7.31%1.10% vs cat avg

Fund vs Category Average

1Y
6.29%+0.17%
3Y
7.27%+0.32%
5Y
6.58%+0.38%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
Above category avg 5Y returns
No lock-in period
Low expense ratio (0.39%)
Decent 1Y category rank (#11)
Outperforms category avg since launch

Cons

Overall rank #11 in category
ISININF204K01VA4
NAV₹4466.63
NAV Date2026-08-28
AUM₹23,227.09 Cr
Expense Ratio0.39%
RiskModerate
Rating3 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹500
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1995-06-30

INVESTMENT OBJECTIVE

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

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Amber Singhania

MMS Finance (Mumbai University)

Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.

Top Holdings

CompanySectorAsset Value (Cr)Asset %
Punjab National Bank 05/12/2025Financial₹590.683.50
Punjab National Bank 09/03/2027Financial₹744.013.20
Indusind Bank Ltd. 28/01/2027Financial₹723.973.12
Axis Bank Ltd. 09/09/2025Financial₹427.742.69
Union Bank of India 15/05/2026Financial₹539.032.48
Bank Of Baroda 23/05/2025Financial₹391.012.36
HDFC Bank Ltd. 02/06/2025Financial₹367.942.18
Indian Bank 10/03/2025Financial₹392.302.16
UCO Bank 23/02/2027Financial₹480.742.07
Punjab National Bank 06/02/2025Financial₹363.252.07

Frequently Asked Questions

Common questions about this fund, answered from scheme data

The latest Net Asset Value (NAV) of Nippon India Money Market Fund is ₹4,466.63 as of 2026-08-28.

The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.