Nippon India Money Market Fund Direct Growth

Nippon India Money Market Fund Direct Growth

+7.34%
3Y annualised
-0.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 11 Jun '26
₹4,455.76
Min. for SIP
₹100
Fund size (AUM)
₹21,262.69 Cr
Expense ratio
0.22%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹61,658
+2.76%
3 years₹1,80,000₹1,99,324
+10.74%
5 years₹3,00,000₹3,56,755
+18.92%
10 years₹6,00,000₹8,41,197
+40.20%

Holdings (124)

NameSectorInstrumentsAssets
GOVERNMENT OF INDIA 37087 182 DAYS TBILL 21AG26 FV RS 100FinancialTreasury Bills3.45%
PUNJAB NATIONAL BANK CD 09MAR27FinancialCertificate of Deposit3.41%
INDUSIND BANK LTD. CD 28JAN27FinancialCertificate of Deposit3.31%
GOVERNMENT OF INDIA 37115 182 DAYS TBILL 27AG26 FV RS 100FinancialTreasury Bills2.29%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 26FEB27FinancialCommercial Paper2.20%
UCO BANK CD 23FEB27FinancialCertificate of Deposit2.20%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 10MAR27FinancialCertificate of Deposit2.20%
RepoUnspecifiedRepo2.06%
GOVERNMENT OF INDIA 37176 182 DAYS TBILL 03SP26 FV RS 100FinancialTreasury Bills2.06%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 14JAN27FinancialCertificate of Deposit2.00%
IDFC FIRST BANK LIMITED CD 08FEB27FinancialCertificate of Deposit1.76%
PUNJAB NATIONAL BANK CD 04MAR27FinancialCertificate of Deposit1.76%
National Bank For Agriculture and Rural Development (04/02/2027) **FinancialCertificate of Deposit1.66%
PUNJAB NATIONAL BANK CD 05FEB27FinancialCertificate of Deposit1.66%
HDFC BANK LIMITED CD 14DEC26FinancialCertificate of Deposit1.56%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 28JAN27FinancialCertificate of Deposit1.55%
MOTILAL OSWAL FINANCIAL SERVICES LIMITED 365D CP 28JAN27FinancialCommercial Paper1.54%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 27JAN27FinancialCertificate of Deposit1.33%
INDUSIND BANK LTD. CD 05FEB27FinancialCertificate of Deposit1.32%
HDFC Bank Limited (15/02/2027) ** #FinancialCertificate of Deposit1.32%
GOVERNMENT OF INDIA 37185 182 DAYS TBILL 10SP26 FV RS 100FinancialTreasury Bills1.19%
THE KARUR VYSYA BANK LIMITED CD 18SEP26FinancialCertificate of Deposit1.14%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 16DEC26FinancialCertificate of Deposit1.12%
MANAPPURAM FINANCE LIMITED 365D CP 03DEC26FinancialCommercial Paper1.12%
ICICI BANK LIMITED CD 27JAN27FinancialCertificate of Deposit1.11%
IDFC FIRST BANK LIMITED CD 27JAN27FinancialCertificate of Deposit1.11%
INDIAN BANK CD 05FEB27FinancialCertificate of Deposit1.11%
Punjab & Sind Bank CDFinancialCertificate of Deposit1.10%
360 ONE PRIME LIMITED 364D CP 18JAN27FinancialCommercial Paper1.10%
BAHADUR CHAND INVESTMENTS PRIVATE LIMITED 365D CP 19JAN27FinancialCommercial Paper1.10%
KOTAK MAHINDRA BANK LIMITED CD 12FEB27FinancialCertificate of Deposit1.10%
Small Industries Dev Bank of India (18/02/2027) **FinancialCertificate of Deposit1.10%
HDFC BANK LIMITED CD 24FEB27FinancialCertificate of Deposit1.10%
ICICI BANK LIMITED CD 08MAR27FinancialCertificate of Deposit1.10%
BHARTI TELECOM LIMITED 351D CP 26FEB27TechnologyCommercial Paper1.10%
IGH HOLDINGS PRIVATE LIMITED 363D CP 08MAR27TechnologyCommercial Paper1.09%
EMBASSY OFFICE PARKS REIT 347D CP 23MAR27Real EstateCommercial Paper1.09%
BANK OF BARODA CD 08MAR27FinancialCertificate of Deposit0.99%
CANARA BANK CD 12MAR27FinancialCertificate of Deposit0.99%
GOVERNMENT OF INDIA 37222 182 DAYS TBILL 18SP26 FV RS 100FinancialTreasury Bills0.91%
INDIAN BANK CD 04DEC26FinancialCertificate of Deposit0.90%
MUTHOOT FINCORP LIMITED 364D CP 03NOV26FinancialCommercial Paper0.89%
INDIAN BANK CD 12JAN27FinancialCertificate of Deposit0.89%
BANK OF BARODA CD 25JAN27FinancialCertificate of Deposit0.89%
MUTHOOT FINCORP LIMITED 364D CP 21JAN27FinancialCommercial Paper0.88%
ANGEL ONE LIMITED 365D CP 29JAN27FinancialCommercial Paper0.88%
BAJAJ HOUSING FINANCE LIMITED 365D CP 04FEB27FinancialCommercial Paper0.88%
TATA CAPITAL HOUSING FINANCE LIMITED 365D CP 03FEB27FinancialCommercial Paper0.88%
National Bank For Agriculture and Rural Development (17/02/2027) **FinancialCertificate of Deposit0.88%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 02MAR27FinancialCertificate of Deposit0.88%
INDIAN OVERSEAS BANK CD 25FEB27FinancialCertificate of Deposit0.88%
AU SMALL FINANCE BANK LIMITED CD 18FEB27FinancialCertificate of Deposit0.88%
ICICI SECURITIES LIMITED 365D CP 18FEB27FinancialCommercial Paper0.88%
KOTAK SECURITIES LTD 365D CP 23FEB27FinancialCommercial Paper0.88%
FEDBANK FINANCIAL SERVICES LIMITED 363D CP 18FEB27FinancialCommercial Paper0.88%
MINDSPACE BUSINESS PARKS REIT 287D CP 05FEB27Real EstateCommercial Paper0.88%
KISETSU SAISON FINANCE (INDIA) PRIVATE LIMITED 315D CP 26FEB27FinancialCommercial Paper0.88%
CREDILA FINANCIAL SERVICES LIMITED 364D CP 04MAR27FinancialCommercial Paper0.87%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 14JAN27FinancialCertificate of Deposit0.78%
TORRENT PHARMACEUTICALS LTD 337D CP 22DEC26HealthcareCommercial Paper0.78%
UNION BANK OF INDIA CD 19JAN27FinancialCertificate of Deposit0.78%
CANARA BANK CD 02FEB27FinancialCertificate of Deposit0.77%
HDFC BANK LIMITED CD 21SEP26FinancialCertificate of Deposit0.68%
HDFC BANK LIMITED CD 06NOV26FinancialCertificate of Deposit0.68%
GOVERNMENT OF INDIA 36573 364 DAYS TBILL 02OT26 FV RS 100FinancialTreasury Bills0.68%
BANK OF BARODA CD 08JAN27FinancialCertificate of Deposit0.67%
CANARA BANK CD 12JAN27FinancialCertificate of Deposit0.67%
Union Bank of India CDFinancialCertificate of Deposit0.66%
EXPORT IMPORT BANK OF INDIA 363D CP 25JAN27FinancialCommercial Paper0.66%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 26FEB27FinancialCertificate of Deposit0.66%
Gujarat State SDL 7.59 15/02/2027IndustrialsState Development Loan0.54%
Karnataka State SDL 7.20 25/01/2027UnspecifiedState Development Loan0.52%
7.19% GUJARAT SDL RED 25-01-2027 7.19 25/01/2027IndustrialsState Development Loan0.47%
MANAPPURAM FINANCE LIMITED 365D CP 26NOV26FinancialCommercial Paper0.45%
KOTAK SECURITIES LTD 168D CP 25SEP26FinancialCommercial Paper0.45%
AXIS BANK LIMITED CD 14JAN27FinancialCertificate of Deposit0.44%
KOTAK MAHINDRA BANK LIMITED CD 08JAN27FinancialCertificate of Deposit0.44%
BANK OF BARODA CD 06JAN27FinancialCertificate of Deposit0.44%
HDFC BANK LIMITED CD 22JAN27FinancialCertificate of Deposit0.44%
NUVAMA WEALTH AND INVESTMENT LIMITED 360D CP 05FEB27FinancialCommercial Paper0.44%
360 ONE PRIME LIMITED 364D CP 22FEB27FinancialCommercial Paper0.44%
CANARA BANK CD 04MAR27FinancialCertificate of Deposit0.44%
HDFC BANK LIMITED CD 05MAR27FinancialCertificate of Deposit0.44%
DSP FINANCE PRIVATE LIMITED 365D CP 09MAR27FinancialCommercial Paper0.44%
FEDBANK FINANCIAL SERVICES LIMITED 364D CP 05MAR27FinancialCommercial Paper0.44%
CANARA BANK CD 11MAR27FinancialCertificate of Deposit0.44%
HDFC BANK LIMITED CD 02MAR27FinancialCertificate of Deposit0.44%
Union Bank of India (16/03/2027) ** #FinancialCommercial Paper0.44%
ANGEL ONE LIMITED 336D CP 17MAR27FinancialCommercial Paper0.44%
MINDSPACE BUSINESS PARKS REIT 298D CP 15MAY26Real EstateCommercial Paper0.40%
CENTRAL GOVERNMENT LOAN 07002 GOI 12FB27 8.23 FV RS 100EntitiesCentral Government Loan0.36%
BANK OF BARODA CD 10SEP26FinancialCertificate of Deposit0.34%
ANGEL ONE LIMITED 363D CP 18FEB27FinancialCommercial Paper0.33%
Others Class A2 AIFUnspecifiedAlternative Investment Fund0.28%
Tamilnadu State SDL 7.74 01/03/2027UnspecifiedState Development Loan0.27%
GOVERNMENT OF INDIA 36116 364 DAYS TBILL 25JU26 FV RS 100FinancialTreasury Bills0.23%
HDFC BANK LIMITED CD 05AUG26FinancialCertificate of Deposit0.23%
PUNJAB NATIONAL BANK CD 15SEP26FinancialCertificate of Deposit0.23%
BAJAJ FINANCE LIMITED 365D CP 06NOV26FinancialCommercial Paper0.22%
AU SMALL FINANCE BANK LIMITED CD 13NOV26FinancialCertificate of Deposit0.22%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 22JAN27FinancialCertificate of Deposit0.22%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 09FEB27FinancialCertificate of Deposit0.22%
MUTHOOT FINCORP LIMITED 364D CP 05FEB27FinancialCommercial Paper0.22%
CANARA BANK CD 25MAR27FinancialCertificate of Deposit0.22%
KOTAK MAHINDRA PRIME LIMITED 350D CP 24MAR27FinancialCommercial Paper0.22%
GOI SecEntitiesGOI Securities0.17%
Kerala State SDL 8.07 15/06/2026UnspecifiedState Development Loan0.12%
SMFG INDIA CREDIT COMPANY LIMITED 364D CP 29MAY26FinancialCommercial Paper0.12%
BANK OF BARODA CD 04DEC26FinancialCertificate of Deposit0.11%
BANK OF BARODA CD 03FEB27FinancialCertificate of Deposit0.11%
EXPORT IMPORT BANK OF INDIA CD 01MAR27FinancialCertificate of Deposit0.11%
National Bank For Agriculture and Rural Development (17/03/2027) ** #FinancialCertificate of Deposit0.11%
KOTAK MAHINDRA INVESTMENTS LIMITED 329D CP 14SEP26FinancialCommercial Paper0.11%
364 Days TBill (MD 11/06/2026)FinancialTreasury Bills0.07%
Karnataka State SDL 7.75 01/03/2027UnspecifiedState Development Loan0.05%
STATE DEVELOPMENT LOAN 18527 TN 15JU26 8.07 FV RS 100 8.07 15/06/2026UnspecifiedState Development Loan0.05%
GOI 15.06.2026 GOVEntitiesGOI Securities0.03%
Kerala State SDL 7.61 09/08/2026UnspecifiedState Development Loan0.02%
Maharashtra State SDL 7.25 28/12/2026UnspecifiedState Development Loan0.02%
Maharashtra State SDL 7.37 14/09/2026UnspecifiedState Development Loan0.01%
Telangana State SDL 8.02 11/05/2026FinancialState Development Loan0.01%
Others Mrgn MoneyUnspecifiedMargin Money0.01%
Kerala State SDL 7.59 24/08/2026UnspecifiedState Development Loan0.00%
Net PayablesUnspecifiedNet Payables-0.79%
See All

Minimum investments

Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+7.3%+6.5%+6.7%+7.3%
Category average (Debt Money Market)+7.2%+5.9%+6.5%--
Rank (Debt Money Market)326--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.
Check past data

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Fund management

AS
Amber Singhania
Mar 2026 - Present
View details

Education
MMS Finance (Mumbai University)
Experience
Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
Also manages these schemes

KD
Kinjal Desai
Mar 2026 - Present
View details

Education
Ms. Desai has done B.A (Economics), MSc. (Economics) and has cleared CFA Level 1
Experience
She has been working with Nippon India Mutual Fund since year, 2012
Also manages these schemes

About Nippon India Money Market Fund Direct Growth

Nippon India Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Amber Singhania is the Current Fund Manager of Nippon India Money Market Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,49,710 Cr and the Latest NAV as of 11 Jun 2026 is ₹4,455.76. The Nippon India Money Market Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments.
Fund benchmarkNIFTY Money Market Index A-I

Fund house

Rank (total assets)#4 in India
Total AUM₹7,49,710.38 Cr
Date of Incorporation30 Jun 1995
Phone+91 022 6808 7000
E-mail--
Launch Date30 Jun 1995
Address30th Floor, One Lodha PlaceSenapati Bapat Marg, Lower ParelMumbai Mumbai 400013
CustodianDeutsche Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,