Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Nippon India Money Market Fund Direct Growth
Debt
Money Market
Moderate Risk
+7.57%
3Y annualised
+0.04% 1D
NAV: 09 Feb '26
₹4,368.32
Min. SIP amount
₹100
Fund size
₹21,698.62 Cr
Expense ratio
0.22%
Return calculator
Monthly SIP
One time
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹62,014 | +3.36% | |
| 3 years | ₹1,80,000 | ₹2,00,394 | +11.33% | |
| 5 years | ₹3,00,000 | ₹3,53,213 | +17.74% |
Holdings (141)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Indusind Bank Ltd. | Financial | CD | 3.22% |
| Union Bank of India | Financial | CD | 2.48% |
| Canara Bank | Financial | CD | 2.29% |
| Reserve Bank of India | Financial | T-Bills | 2.04% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.83% |
| Axis Bank Ltd. | Financial | CD | 1.81% |
| HDFC Bank Ltd. | Financial | CD | 1.74% |
| Bank Of Baroda | Financial | CD | 1.69% |
| Embassy Office Parks REIT | Construction | CP | 1.60% |
| IDFC First Bank Ltd. | Financial | CD | 1.57% |
| Axis Bank Ltd. | Financial | CD | 1.52% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 1.49% |
| Canara Bank | Financial | CD | 1.46% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.40% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.32% |
| Bank Of Baroda | Financial | CD | 1.31% |
| Mindspace Business Parks REIT | Construction | CP | 1.29% |
| Union Bank of India | Financial | CD | 1.19% |
| Reserve Bank of India | Financial | T-Bills | 1.15% |
| Indusind Bank Ltd. | Financial | CD | 1.14% |
| Manappuram Finance Ltd. | Financial | CP | 1.14% |
| Bank of India | Financial | CD | 1.13% |
| IDFC First Bank Ltd. | Financial | CD | 1.13% |
| IDBI Bank Ltd. | Financial | CD | 1.12% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.10% |
| Karur Vysya Bank Ltd. | Financial | CD | 1.10% |
| ICICI Bank Ltd. | Financial | CD | 1.08% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.08% |
| Canara Bank | Financial | CD | 1.08% |
| Manappuram Finance Ltd. | Financial | CP | 1.08% |
| IDFC First Bank Ltd. | Financial | CD | 1.08% |
| Bahadur Chand Investments Pvt. Ltd. | Financial | CP | 1.06% |
| 360 ONE Wealth Ltd. | Financial | CP | 1.06% |
| Uttarakhand State | Others | SDL | 1.05% |
| Indian Bank | Financial | CD | 1.03% |
| Embassy Office Parks REIT | Construction | CP | 1.03% |
| Torrent Pharmaceuticals Ltd. | Healthcare | CP | 0.97% |
| Standard Chartered Investment & Loan India Ltd. | Financial | CP | 0.91% |
| Reserve Bank of India | Financial | T-Bills | 0.91% |
| Bank of India | Financial | CD | 0.90% |
| IDBI Bank Ltd. | Financial | CD | 0.90% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.90% |
| Manappuram Finance Ltd. | Financial | CP | 0.90% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 0.90% |
| AU Small Finance Bank Ltd. | Financial | CD | 0.88% |
| Bank Of Baroda | Financial | CD | 0.87% |
| Indian Bank | Financial | CD | 0.86% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.86% |
| Muthoot Fincorp Ltd. | Financial | CP | 0.86% |
| Muthoot Fincorp Ltd. | Financial | CP | 0.85% |
| Angel One Ltd. | Financial | CP | 0.85% |
| Reserve Bank of India | Financial | T-Bills | 0.80% |
| ONGC Petro Additions Ltd. | Energy | CP | 0.80% |
| Deutsche Investments (I) Pvt. Ltd. | Financial | CP | 0.69% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 0.67% |
| Interise Trust | Financial | CP | 0.67% |
| HDFC Bank Ltd. | Financial | CD | 0.66% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.66% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 0.65% |
| Canara Bank | Financial | CD | 0.65% |
| Export-Import Bank Of India | Financial | CP | 0.65% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.65% |
| Muthoot Finance Ltd. | Financial | CP | 0.64% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 0.57% |
| Reserve Bank of India | Financial | T-Bills | 0.54% |
| Pilani Investment And Industries Corporation Ltd. | Financial | CP | 0.46% |
| Punjab & Sind Bank | Financial | CD | 0.46% |
| Kerala State | Others | SDL | 0.46% |
| Reserve Bank of India | Financial | T-Bills | 0.46% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.46% |
| Deutsche Investments (I) Pvt. Ltd. | Financial | CP | 0.45% |
| Infina Finance Pvt. Ltd. | Financial | CP | 0.45% |
| Truhome Finance Ltd. | Financial | CP | 0.45% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.45% |
| HSBC InvestDirect Financial Services India Ltd. | Financial | CP | 0.45% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.45% |
| Arka Fincap Ltd. | Financial | CP | 0.45% |
| Axis Bank Ltd. Warrant | Financial | CD | 0.45% |
| Bank Of Baroda | Financial | CD | 0.43% |
| HDFC Bank Ltd. | Financial | CD | 0.43% |
| Axis Bank Ltd. | Financial | CD | 0.43% |
| Manappuram Finance Ltd. | Financial | CP | 0.43% |
| National Bank For Agriculture & Rural Development | Financial | CD | 0.43% |
| Jharkhand State | Others | SDL | 0.36% |
| Karnataka State | Others | SDL | 0.35% |
| HDFC Bank Ltd. | Financial | CD | 0.34% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 0.34% |
| ICICI Securities Ltd. | Financial | CP | 0.34% |
| Barclays Investments & Loans Ltd. | Financial | CP | 0.34% |
| Reserve Bank of India | Financial | T-Bills | 0.34% |
| Aditya Birla Housing Finance Ltd. | Financial | CP | 0.34% |
| Indian Bank | Financial | CD | 0.33% |
| Poonawalla Fincorp Ltd. | Financial | CP | 0.32% |
| The Federal Bank Ltd. | Financial | CD | 0.23% |
| GOI | Sovereign | GOI Sec | 0.23% |
| Punjab National Bank | Financial | CD | 0.23% |
| Export-Import Bank Of India | Financial | CD | 0.23% |
| Reserve Bank of India | Financial | T-Bills | 0.23% |
| Union Bank of India | Financial | CD | 0.22% |
| Standard Chartered Investment & Loan India Ltd. | Financial | CP | 0.22% |
| AU Small Finance Bank Ltd. | Financial | CD | 0.22% |
| 360 ONE Wealth Ltd. | Financial | CP | 0.22% |
| Uttar Pradesh State | Others | SDL | 0.21% |
| GOI | Sovereign | GOI Sec | 0.20% |
| Karnataka State | Others | SDL | 0.20% |
| GOI | Sovereign | GOI Sec | 0.16% |
| Maharashtra State | Others | SDL | 0.16% |
| Andhra Pradesh State | Financial | SDL | 0.12% |
| Kerala State | Others | SDL | 0.12% |
| Madhya Pradesh State | Others | SDL | 0.12% |
| Bank Of Baroda | Financial | CD | 0.11% |
| Bharti Telecom Ltd. | Communication | CP | 0.11% |
| Axis Bank Ltd. | Financial | CD | 0.11% |
| Indian Bank | Financial | CD | 0.11% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.11% |
| Punjab & Sind Bank | Financial | CD | 0.11% |
| ICICI Securities Ltd. | Financial | CP | 0.11% |
| Bihar State | Others | SDL | 0.09% |
| GOI | Sovereign | CGL | 0.08% |
| Maharashtra State | Others | SDL | 0.08% |
| Rajasthan State | Others | SDL | 0.08% |
| Rajasthan State | Others | SDL | 0.07% |
| GOI | Sovereign | CGL | 0.06% |
| GOI | Sovereign | CGL | 0.05% |
| Telangana State | Financial | SDL | 0.05% |
| Tamilnadu State | Others | SDL | 0.04% |
| GOI | Sovereign | GOI Sec | 0.03% |
| Kerala State | Others | SDL | 0.02% |
| Bihar State | Others | SDL | 0.02% |
| GOI | Sovereign | GOI Sec | 0.01% |
| Tamilnadu State | Others | SDL | 0.01% |
| Uttar Pradesh State | Others | SDL | 0.01% |
| Telangana State | Financial | SDL | 0.01% |
| West Bengal State | Others | SDL | 0.00% |
| Nagaland State | Others | SDL | 0.00% |
| Uttarakhand State | Others | SDL | 0.00% |
| Chhattisgarh State | Others | SDL | 0.00% |
| Telangana State | Financial | SDL | 0.00% |
| Assam State | Others | SDL | 0.00% |
| GOI | Sovereign | CGL | 0.00% |
| Rajasthan 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 | +7.6% | +6.4% | +6.8% | +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 | +7.36% | +7.69% | 33,557.62 | |
Axis Money Market Fund Direct Growth | +7.34% | +7.61% | 20,781.21 | |
Bandhan Money Market Fund Direct Growth | +7.35% | +7.57% | 15,693.51 | |
Franklin India Money Market Fund Direct Growth | +7.37% | +7.57% | 3,830.50 | |
Union Money Market Fund Direct Growth | +7.08% | +7.22% | 119.68 | |
| Compare | ||||
Fund management
VAVikash AgarwalSep 2024 - PresentView details
VA
Vikash Agarwal
Sep 2024 - Present
View details
DDSDivya Dutt SharmaSep 2025 - PresentView details
DDS
Divya Dutt Sharma
Sep 2025 - Present
View details
LMLokesh MaruSep 2025 - PresentView details
LM
Lokesh Maru
Sep 2025 - 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. Vikash Agarwal is the Current Fund Manager of Nippon India Money Market Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,11,423 Cr and the Latest NAV as of 09 Feb 2026 is ₹4,368.32.
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₹7,11,422.55 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,