Nippon India Money Market Fund Datagrid
Category Money Market Fund
BMSMONEY Rank 4
Rating
Growth Option 13-03-2026
NAV ₹4325.87(R) -0.06% ₹4386.73(D) -0.06%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.96% 7.36% 6.29% 6.37% 6.67%
Direct 7.13% 7.51% 6.43% 6.49% 6.79%
Benchmark
SIP (XIRR) Regular 5.88% 7.07% 5.4% 5.81% 6.25%
Direct 6.06% 7.23% 5.54% 5.95% 6.38%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.26 4.18 0.74 1.54% -3.25
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.38% 0.0% 0.0% 0.14 0.26%
Fund AUM As on: 30/12/2025 23542 Cr
Top Money Market Fund
Fund Name Rank Rating
Uti Money Market Fund 1
Axis Money Market Fund 2
Franklin India Money Market Fund 3
Nippon India Money Market Fund 4
Tata Money Market Fund 5

NAV Date: 13-03-2026

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - DAILY IDCW Option 1005.41
-0.6200
-0.0600%
NIPPON INDIA MONEY MARKET FUND - DAILY IDCW Option 1005.49
-0.6200
-0.0600%
NIPPON INDIA MONEY MARKET FUND - WEEKLY IDCW Option 1006.5
-0.6200
-0.0600%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - WEEKLY IDCW Option 1006.52
-0.6200
-0.0600%
NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW Option 1022.62
-0.6300
-0.0600%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - MONTHLY IDCW Option 1022.95
-0.6300
-0.0600%
NIPPON INDIA MONEY MARKET FUND - QUARTERLY IDCW Option 1024.75
-0.6400
-0.0600%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - QUARTERLY IDCW Option 1025.06
-0.6300
-0.0600%
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option 2579.48
-1.5900
-0.0600%
Nippon India Money Market Fund-Growth Plan-Growth Option 4325.87
-2.6800
-0.0600%
Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option 4386.73
-2.7000
-0.0600%

Review Date: 13-03-2026

Beginning of Analysis

In the Money Market Fund category, Nippon India Money Market Fund is the second ranked fund. The category has total 20 funds. The 5 star rating shows an excellent past performance of the Nippon India Money Market Fund in Money Market Fund. The fund has a Jensen Alpha of 1.54% which is higher than the category average of 1.25%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.26 which is higher than the category average of 3.67.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Money Market Mutual Funds are ideal for investors seeking a safe, liquid, and low-risk investment option for short-term cash management. These funds invest in high-quality, short-term money market instruments with a maturity of up to 1 year, offering quick redemption (within 1 business day) and stable returns. While they provide better returns than savings accounts, they may underperform compared to other debt funds with longer maturities. Investors should consider their liquidity needs, risk tolerance, and investment horizon before investing in Money Market Funds. Additionally, the absence of a lock-in period makes them a flexible choice for managing short-term financial goals.

Nippon India Money Market Fund Return Analysis

  • The fund has given a return of 0.26%, 1.24 and 2.78 in last one, three and six months respectively. In the same period the category average return was 0.29%, 1.26% and 2.81% respectively.
  • Nippon India Money Market Fund has given a return of 7.13% in last one year. In the same period the Money Market Fund category average return was 7.05%.
  • The fund has given a return of 7.51% in last three years and ranked 5.0th out of twenty one funds in the category. In the same period the Money Market Fund category average return was 7.38%.
  • The fund has given a return of 6.43% in last five years and ranked 2nd out of sixteen funds in the category. In the same period the Money Market Fund category average return was 6.3%.
  • The fund has given a return of 6.79% in last ten years and ranked 5th out of eleven funds in the category. In the same period the category average return was 6.68%.
  • The fund has given a SIP return of 6.06% in last one year whereas category average SIP return is 6.07%. The fund one year return rank in the category is 12th in 23 funds
  • The fund has SIP return of 7.23% in last three years and ranks 5th in 21 funds. Tata Money Market Fund has given the highest SIP return (7.35%) in the category in last three years.
  • The fund has SIP return of 5.54% in last five years whereas category average SIP return is 5.44%.

Nippon India Money Market Fund Risk Analysis

  • The fund has a standard deviation of 0.38 and semi deviation of 0.26. The category average standard deviation is 0.36 and semi deviation is 0.23.
  • The fund has a beta of 0.13 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Money Market Fund Category
  • Good Performance in Money Market Fund Category
  • Poor Performance in Money Market Fund Category
  • Very Poor Performance in Money Market Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.25
    0.27
    		0.18 | 0.34 19 | 25 Average
    3M Return % 1.20
    1.18
    		0.99 | 1.26 11 | 24 Good
    6M Return % 2.70
    2.65
    		2.25 | 2.76 9 | 23 Good
    1Y Return % 6.96
    6.71
    		5.89 | 7.00 4 | 23 Very Good
    3Y Return % 7.36
    7.04
    		6.28 | 7.40 5 | 21 Very Good
    5Y Return % 6.29
    5.97
    		5.10 | 6.31 2 | 16 Very Good
    7Y Return % 6.37
    6.10
    		5.10 | 6.45 4 | 13 Very Good
    10Y Return % 6.67
    6.36
    		5.53 | 6.76 3 | 11 Very Good
    15Y Return % 7.46
    7.18
    		6.48 | 7.55 2 | 11 Very Good
    1Y SIP Return % 5.88
    5.73
    		4.90 | 5.98 8 | 23 Good
    3Y SIP Return % 7.07
    6.80
    		6.00 | 7.12 4 | 21 Very Good
    5Y SIP Return % 5.40
    5.14
    		4.28 | 5.43 2 | 16 Very Good
    7Y SIP Return % 5.81
    5.52
    		4.64 | 5.84 4 | 13 Very Good
    10Y SIP Return % 6.25
    5.94
    		5.04 | 6.30 3 | 11 Very Good
    15Y SIP Return % 6.72
    6.43
    		5.61 | 6.82 3 | 11 Very Good
    Standard Deviation 0.38
    0.36
    		0.29 | 0.38 20 | 21 Poor
    Semi Deviation 0.26
    0.23
    		0.17 | 0.27 20 | 21 Poor
    Sharpe Ratio 4.26
    3.67
    		1.64 | 4.53 7 | 21 Good
    Sterling Ratio 0.74
    0.71
    		0.64 | 0.75 4 | 21 Very Good
    Sortino Ratio 4.18
    3.70
    		1.09 | 6.61 8 | 21 Good
    Jensen Alpha % 1.54
    1.25
    		0.47 | 1.58 3 | 21 Very Good
    Treynor Ratio -3.25
    -3.80
    		-6.90 | -3.00 6 | 21 Very Good
    Modigliani Square Measure % 9.28
    8.83
    		7.20 | 9.50 7 | 21 Good
    Alpha % -0.51
    -0.83
    		-1.57 | -0.46 3 | 21 Very Good
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.26 0.29 0.25 | 0.39 25 | 26 Poor
    3M Return % 1.24 1.26 1.20 | 1.36 19 | 25 Average
    6M Return % 2.78 2.81 2.70 | 2.89 18 | 24 Average
    1Y Return % 7.13 7.05 6.83 | 7.21 6 | 23 Very Good
    3Y Return % 7.51 7.38 6.74 | 7.63 5 | 21 Very Good
    5Y Return % 6.43 6.30 6.02 | 6.55 2 | 16 Very Good
    7Y Return % 6.49 6.44 6.12 | 6.94 5 | 13 Good
    10Y Return % 6.79 6.68 6.08 | 6.94 5 | 11 Good
    1Y SIP Return % 6.06 6.07 5.86 | 6.22 12 | 23 Good
    3Y SIP Return % 7.23 7.13 6.60 | 7.35 5 | 21 Very Good
    5Y SIP Return % 5.54 5.44 5.28 | 5.64 3 | 16 Very Good
    7Y SIP Return % 5.95 5.86 5.66 | 6.07 4 | 13 Very Good
    10Y SIP Return % 6.38 6.26 6.02 | 6.44 3 | 11 Very Good
    Standard Deviation 0.38 0.36 0.29 | 0.38 20 | 21 Poor
    Semi Deviation 0.26 0.23 0.17 | 0.27 20 | 21 Poor
    Sharpe Ratio 4.26 3.67 1.64 | 4.53 7 | 21 Good
    Sterling Ratio 0.74 0.71 0.64 | 0.75 4 | 21 Very Good
    Sortino Ratio 4.18 3.70 1.09 | 6.61 8 | 21 Good
    Jensen Alpha % 1.54 1.25 0.47 | 1.58 3 | 21 Very Good
    Treynor Ratio -3.25 -3.80 -6.90 | -3.00 6 | 21 Very Good
    Modigliani Square Measure % 9.28 8.83 7.20 | 9.50 7 | 21 Good
    Alpha % -0.51 -0.83 -1.57 | -0.46 3 | 21 Very Good
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Nippon India Money Market Fund NAV Regular Growth Nippon India Money Market Fund NAV Direct Growth
    13-03-2026 4325.8711 4386.7279
    12-03-2026 4328.5535 4389.4263
    11-03-2026 4329.4367 4390.3004
    10-03-2026 4328.2667 4389.0923
    09-03-2026 4327.2872 4388.0774
    06-03-2026 4326.9231 4387.6432
    05-03-2026 4325.7046 4386.386
    04-03-2026 4324.8765 4385.5247
    02-03-2026 4325.6626 4386.2809
    27-02-2026 4324.4368 4384.9802
    26-02-2026 4323.6691 4384.1825
    25-02-2026 4322.6532 4383.1331
    24-02-2026 4321.6925 4382.1398
    23-02-2026 4320.6556 4381.0692
    20-02-2026 4318.5702 4378.897
    18-02-2026 4317.1028 4377.3707
    17-02-2026 4317.1514 4377.4008
    16-02-2026 4317.0165 4377.2449
    13-02-2026 4315.194 4375.3394

    Fund Launch Date: 15/Jun/2005
    Fund Category: Money Market Fund
    Investment Objective: The fund would invest in money market instruments like Certificate of Deposits (CD), Commercial Papers (CP), etc. The portfolio duration would be maintained between 110 - 150 days.
    Fund Description: An open ended debt scheme investing in money market instruments
    Fund Benchmark: CRISIL Money Market Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.