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Money Market📊 NIFTY MONEY MARKET INDEX A-I

Nippon India Money Market Fund · Regular · Growth

Nippon India Mutual Fund

#13 of 27 (1Y)

NAV

₹4489.4590

as of 29 Sept 2026

Expense Ratio

0.39%

AUM

₹21,540 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+6.33%
3Y
+7.24%
5Y
+6.64%
Since Inception
+7.31%

SIP returns (XIRR)

1Y
+6.50%
3Y
+6.98%
5Y
+7.01%
Since Inception
+7.18%

Returns calculated from 21 May 2018 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.

What history actually did — last 10 years (Sept 2016 – Sept 2026)

A ₹5,000 monthly SIP for the last 10 years (Sept 2016 – Sept 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹8,40,105 today — ₹6,00,000 invested, 6.6% XIRR.

₹6,00,000

Invested

₹8,40,105

Value today

6.6%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 10 years (Sept 2016 – Sept 2026)

Real NAV backtest

₹1,00,000 invested 10 years ago would be ₹1,89,954 today (6.6% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Sept 2016 would still hold ₹10,59,434.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 10 years (Sept 2016 – Sept 2026) (22 Mar 2020) would be ₹1,49,530 today (1.50×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

1.03

Sharpe Ratio

—

Alpha

—

Beta

1.26

Sortino

0.50%

Std Dev

-0.16%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseNippon India Mutual Fund
CategoryMoney Market
BenchmarkNIFTY MONEY MARKET INDEX A-I
Launch Date15 Jun 2005
AMFI Code103048
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100
Exit LoadExit load - NIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 31 Aug 2026
Holding% NAV

What this fund does

Nippon India Money Market Fund · Regular · Growth by Nippon India Mutual Fund is a Money Market fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Money Market category.

About This Fund

Nippon India Money Market Fund · Regular · Growth is a Money Market mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 21 years. It manages assets worth ₹21,540 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY MONEY MARKET INDEX A-I. The current expense ratio is 0.39%.

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