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Nippon India Money Market Fund Direct Growth
+7.28%
3Y annualised
-0.07% 1D
NAV: 22 May '26
₹4,429.32
Min. for SIP
₹100
Fund size (AUM)
₹21,421.02 Cr
Expense ratio
0.22%
Rating
3
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹61,488 | +2.48% | |
| 3 years | ₹1,80,000 | ₹1,98,881 | +10.49% | |
| 5 years | ₹3,00,000 | ₹3,55,707 | +18.57% | |
| 10 years | ₹6,00,000 | ₹8,39,019 | +39.84% |
Holdings (114)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 3.45% |
| Punjab National Bank | Financial | CD | 3.41% |
| Indusind Bank Ltd. | Financial | CD | 3.31% |
| Reserve Bank of India | Financial | T-Bills | 2.29% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 2.20% |
| National Bank For Agriculture & Rural Development | Financial | CD | 2.20% |
| UCO Bank | Financial | CD | 2.20% |
| Reserve Bank of India | Financial | T-Bills | 2.06% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 2.00% |
| Punjab National Bank | Financial | CD | 1.76% |
| IDFC First Bank Ltd. | Financial | CD | 1.76% |
| Punjab National Bank | Financial | CD | 1.66% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.66% |
| HDFC Bank Ltd. | Financial | CD | 1.56% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.55% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 1.54% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.33% |
| HDFC Bank Ltd. | Financial | CD | 1.32% |
| Indusind Bank Ltd. | Financial | CD | 1.32% |
| Reserve Bank of India | Financial | T-Bills | 1.19% |
| Karur Vysya Bank Ltd. | Financial | CD | 1.14% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.12% |
| Manappuram Finance Ltd. | Financial | CP | 1.12% |
| ICICI Bank Ltd. | Financial | CD | 1.11% |
| Indian Bank | Financial | CD | 1.11% |
| IDFC First Bank Ltd. | Financial | CD | 1.11% |
| Bharti Telecom Ltd. | Communication | CP | 1.10% |
| HDFC Bank Ltd. | Financial | CD | 1.10% |
| ICICI Bank Ltd. | Financial | CD | 1.10% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.10% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.10% |
| Punjab & Sind Bank | Financial | CD | 1.10% |
| Bahadur Chand Investments Pvt. Ltd. | Financial | CP | 1.10% |
| 360 ONE Wealth Ltd. | Financial | CP | 1.10% |
| Embassy Office Parks REIT | Construction | CP | 1.09% |
| IGH Holdings Pvt. Ltd. | Communication | CP | 1.09% |
| Bank Of Baroda | Financial | CD | 0.99% |
| Canara Bank | Financial | CD | 0.99% |
| Reserve Bank of India | Financial | T-Bills | 0.91% |
| Indian Bank | Financial | CD | 0.90% |
| Bank Of Baroda | Financial | CD | 0.89% |
| Indian Bank | Financial | CD | 0.89% |
| Muthoot Fincorp Ltd. | Financial | CP | 0.89% |
| Indian Overseas Bank | Financial | CD | 0.88% |
| Kotak Mahindra Securities Ltd. | Financial | CP | 0.88% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.88% |
| ICICI Securities Ltd. | Financial | CP | 0.88% |
| Muthoot Fincorp Ltd. | Financial | CP | 0.88% |
| Tata Capital Housing Finance Ltd. | Financial | CP | 0.88% |
| Fedbank Financial Services Ltd. | Financial | CP | 0.88% |
| Angel One Ltd. | Financial | CP | 0.88% |
| AU Small Finance Bank Ltd. | Financial | CD | 0.88% |
| Bajaj Housing Finance Ltd. | Financial | CP | 0.88% |
| Mindspace Business Parks REIT | Construction | CP | 0.88% |
| Kisetsu Saison Finance (India) Pvt Ltd. | Financial | CP | 0.88% |
| Credila Financial Services Ltd. | Financial | CP | 0.87% |
| Torrent Pharmaceuticals Ltd. | Healthcare | CP | 0.78% |
| Union Bank of India | Financial | CD | 0.78% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.78% |
| Canara Bank | Financial | CD | 0.77% |
| HDFC Bank Ltd. | Financial | CD | 0.68% |
| Reserve Bank of India | Financial | T-Bills | 0.68% |
| Bank Of Baroda | Financial | CD | 0.67% |
| Canara Bank | Financial | CD | 0.67% |
| Union Bank of India | Financial | CD | 0.66% |
| Export-Import Bank Of India | Financial | CP | 0.66% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.66% |
| Gujarat State | Construction | SDL | 0.54% |
| Karnataka State | Others | SDL | 0.52% |
| Gujarat State | Construction | SDL | 0.47% |
| Kotak Mahindra Securities Ltd. | Financial | CP | 0.45% |
| Manappuram Finance Ltd. | Financial | CP | 0.45% |
| Bank Of Baroda | Financial | CD | 0.44% |
| HDFC Bank Ltd. | Financial | CD | 0.44% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 0.44% |
| Axis Bank Ltd. | Financial | CD | 0.44% |
| Canara Bank | Financial | CD | 0.44% |
| Union Bank of India | Financial | CP | 0.44% |
| Fedbank Financial Services Ltd. | Financial | CP | 0.44% |
| Angel One Ltd. | Financial | CP | 0.44% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.44% |
| Nuvama Wealth and Investment Limited | Financial | CP | 0.44% |
| DSP Finance Pvt Ltd. | Financial | CP | 0.44% |
| Mindspace Business Parks REIT | Construction | CP | 0.40% |
| GOI | Sovereign | CGL | 0.36% |
| Bank Of Baroda | Financial | CD | 0.34% |
| Angel One Ltd. | Financial | CP | 0.33% |
| Tamilnadu State | Others | SDL | 0.27% |
| HDFC Bank Ltd. | Financial | CD | 0.23% |
| Punjab National Bank | Financial | CD | 0.23% |
| Reserve Bank of India | Financial | T-Bills | 0.23% |
| Bajaj Finance Ltd. | Financial | CP | 0.22% |
| Kotak Mahindra Prime Ltd. | Financial | CP | 0.22% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.22% |
| Canara Bank | Financial | CD | 0.22% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.22% |
| Muthoot Fincorp Ltd. | Financial | CP | 0.22% |
| AU Small Finance Bank Ltd. | Financial | CD | 0.22% |
| GOI | Sovereign | GOI Sec | 0.17% |
| Kerala State | Others | SDL | 0.12% |
| SMFG India Credit Company Ltd. | Financial | CP | 0.12% |
| Bank Of Baroda | Financial | CD | 0.11% |
| Export-Import Bank Of India | Financial | CD | 0.11% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.11% |
| Kotak Mahindra Investments Ltd. | Financial | CP | 0.11% |
| Reserve Bank of India | Financial | T-Bills | 0.07% |
| Tamilnadu State | Others | SDL | 0.05% |
| Karnataka State | Others | SDL | 0.05% |
| GOI | Sovereign | GOI Sec | 0.03% |
| Maharashtra State | Others | SDL | 0.02% |
| Kerala State | Others | SDL | 0.02% |
| Telangana State | Financial | SDL | 0.01% |
| Maharashtra State | Others | SDL | 0.01% |
| Kerala State | Others | SDL | 0.00% |
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
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| 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) | 3 | 2 | 6 | -- |
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
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Tata Money Market Fund Direct Growth | +6.12% | +7.40% | 37,476.47 | |
Bandhan Money Market Fund Direct Growth | +6.09% | +7.27% | 15,908.02 | |
Franklin India Money Market Fund Direct Growth | +6.02% | +7.27% | 4,309.45 | |
HDFC Money Market Fund Direct Growth | +6.00% | +7.26% | 29,823.88 | |
Union Money Market Fund Direct Growth | +6.19% | +7.05% | 876.64 | |
| Compare | ||||
Fund management
ASAmber SinghaniaMar 2026 - PresentView details
AS
Amber Singhania
Mar 2026 - Present
View details
KDKinjal DesaiMar 2026 - PresentView details
KD
Kinjal Desai
Mar 2026 - Present
View details
VAVikash AgarwalSep 2024 - PresentView details
VA
Vikash Agarwal
Sep 2024 - Present
View details
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 22 May 2026 is ₹4,429.32.
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
Launch Date30 Jun 1995
Address30th Floor, One Lodha PlaceSenapati Bapat Marg, Lower ParelMumbai Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,