Nippon India Money Market Fund-Growth Plan-Growth Option
₹4372.2531
₹3.14 (+0.07%)
NAV as of 29 May 2026
Today's NAV — all variants
Regular · Growth
₹₹4372.2531
₹3.14 (+0.07%)
29 May 2026
AMFI: 103048
Direct · Growth
₹₹4435.3881
₹3.23 (+0.07%)
29 May 2026
AMFI: 118719
Regular · IDCW
₹₹1006.6187
₹0.72 (+0.07%)
29 May 2026
AMFI: 103051
Direct · IDCW
₹₹1024.2086
₹0.75 (+0.07%)
29 May 2026
AMFI: 118720
Returns (Lumpsum)
CAGR for periods ≥ 1 yearReturns calculated from 16 December 2015 onwards due to a structural change in the scheme on that date. Pre-2015 NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.
SIP Returns (XIRR)
₹1,000/month SIP, annualisedSIP since inception — what ₹500/month became
Real NAV backtest from day one
₹1,25,500
Invested
₹1,23,09,076
Value today
36.7%
XIRR (p.a.)
₹500/month SIP from fund inception · Current value as of today
Try SIP Calculator with this fund's history₹1,000 lumpsum at launch — value today
Invested on the fund's first NAV date
₹1,000
Invested
₹4,37,225
Value today
33.7%
CAGR (p.a.)
One-time investment at fund inception · Growth purely from NAV appreciation
Try Lumpsum Calculator₹10L corpus with ₹5,000/month withdrawals since inception
Corpus is still growing despite monthly payouts
₹10,00,000
Initial corpus
₹12,55,000
Withdrawn
₹31,41,34,553
Corpus left
+₹31,43,89,553 net gain — withdrew ₹12,55,000 AND corpus grew
Plan your SWP with real NAV₹1 lakh on the worst crash day — 22 Mar 2020
Worst single-day Nifty drop during this fund's life
₹1,00,000
Invested
₹1,38,097
Value today
1.4×
Multiple
Staying invested through that crash turned ₹1L into ₹1,38,097 — a 1.4× return
Read: Staying invested through crashesDirect vs Regular — ₹500/month over 10 years
Expense ratio drag on your actual returns
Direct plan
₹67,002
Regular plan
₹82,729
Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.
Learn about Direct vs Regular plansFund Details
Risk Metrics
Trailing 1 year, annualised1.05
Sharpe Ratio
—
Alpha
—
Beta
1.36
Sortino
0.46%
Std Dev
-0.16%
Max Drawdown
Portfolio Holdings
Top 50 holdings · as of Mar 2026
| Security | % NAV |
|---|---|
Punjab National Bank** INE160A16UQ6 | 3.74% |
IndusInd Bank Limited** INE095A160D4 | 3.63% |
182 Days Tbill IN002025Y461 | 3.45% |
Punjab National Bank** INE160A16UQ6 | 3.41% |
IndusInd Bank Limited** INE095A160D4 | 3.31% |
182 Days Tbill IN002025Y461 | 2.52% |
182 Days Tbill IN002025Y479 | 2.52% |
Small Industries Dev Bank of India** INE556F16CC2 | 2.42% |
National Bank For Agriculture and Rural Development** INE261F16AO8 | 2.41% |
UCO Bank** INE691A16MF0 | 2.41% |
182 Days Tbill IN002025Y479 | 2.29% |
182 Days Tbill IN002025Y487 | 2.26% |
National Bank For Agriculture and Rural Development** INE261F16AO8 | 2.20% |
UCO Bank** INE691A16MF0 | 2.20% |
Small Industries Dev Bank of India** INE556F16CC2 | 2.20% |
Small Industries Dev Bank of India** INE556F16BW2 | 2.19% |
Small Industries Dev Bank of India** INE556F16BV4 | 2.07% |
182 Days Tbill IN002025Y487 | 2.06% |
Small Industries Dev Bank of India** INE556F16BV4 | 2.00% |
Punjab National Bank** INE160A16UM5 | 1.93% |
IDFC First Bank Limited** INE092T16ZE6 | 1.93% |
364 Days Tbill IN002025Z112 | 1.86% |
Punjab National Bank** INE160A16UE2 | 1.82% |
Punjab National Bank INE160A16UM5 | 1.76% |
IDFC First Bank Limited** INE092T16ZE6 | 1.76% |
HDFC Bank Limited INE040A16IJ0 | 1.72% |
Motilal Oswal Financial Services Limited** INE338I14LQ5 | 1.69% |
National Bank For Agriculture and Rural Development** INE261F16AJ8 | 1.66% |
Punjab National Bank INE160A16UE2 | 1.66% |
HDFC Bank Limited** INE040A16IJ0 | 1.56% |
Small Industries Dev Bank of India** INE556F16BW2 | 1.55% |
Motilal Oswal Financial Services Limited** INE338I14LQ5 | 1.54% |
Bank of Baroda** INE028A16KK9 | 1.47% |
IndusInd Bank Limited** INE095A162D0 | 1.45% |
HDFC Bank Limited** INE040A16JC3 | 1.45% |
Mindspace Business Parks REIT** INE0CCU14096 | 1.45% |
National Bank For Agriculture and Rural Development** INE261F16AJ8 | 1.33% |
National Bank For Agriculture and Rural Development** INE261F16AG4 | 1.33% |
HDFC Bank Limited INE040A16JC3 | 1.32% |
IndusInd Bank Limited** INE095A162D0 | 1.32% |
Karur Vysya Bank Limited** INE036D16JD3 | 1.24% |
Small Industries Dev Bank of India** INE556F16BT8 | 1.22% |
Manappuram Finance Limited INE522D14OZ0 | 1.22% |
ICICI Bank Limited** INE090AD6279 | 1.22% |
Canara Bank** INE476A16G02 | 1.22% |
360 One Prime Limited** INE248U14ST0 | 1.21% |
ICICI Bank Limited** INE090AD6295 | 1.21% |
HDFC Bank Limited** INE040A16IO0 | 1.21% |
Small Industries Dev Bank of India** INE556F16CB4 | 1.21% |
Kotak Mahindra Bank Limited** INE237AD6141 | 1.21% |
Performance Comparison
Interested in This Fund?
Our experts will help you decide if this fund fits your goals.
Investment Objective
Nippon India Money Market Fund-Growth Plan-Growth Option 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-Growth Plan-Growth Option is a Money Market mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 20 years. It manages assets worth ₹21,361 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 0.38%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •SIP investors who can benefit from rupee cost averaging during market fluctuations