Nippon India Money Market Fund Datagrid
Category Money Market Fund
BMSMONEY Rank 6
Rating
Growth Option 23-10-2026
NAV ₹4498.4(R) +0.02% ₹4566.41(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.1% 7.15% 6.63% 6.19% 6.6%
Direct 6.27% 7.32% 6.78% 6.33% 6.73%
Benchmark
SIP (XIRR) Regular 6.22% 4.8% 5.53% 5.91% 6.26%
Direct 6.41% 4.97% 5.68% 6.05% 6.39%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.5 1.79 0.73 0.94% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.57% 0.0% 0.0% 0.21 0.37%
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
Tata Money Market Fund 3
Aditya Birla Sun Life Money Manager Fund 4
Kotak Money Market Fund 5

NAV Date: 23-10-2026

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - DAILY IDCW Option 1005.34
0.1600
0.0200%
NIPPON INDIA MONEY MARKET FUND - DAILY IDCW Option 1005.39
0.1500
0.0200%
NIPPON INDIA MONEY MARKET FUND - WEEKLY IDCW Option 1006.25
0.1500
0.0200%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - WEEKLY IDCW Option 1006.3
0.1600
0.0200%
NIPPON INDIA MONEY MARKET FUND - QUARTERLY IDCW Option 1013.89
0.1500
0.0200%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - QUARTERLY IDCW Option 1013.99
0.1600
0.0200%
NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW Option 1027.28
0.1500
0.0200%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - MONTHLY IDCW Option 1027.73
0.1600
0.0200%
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option 2685.15
0.4200
0.0200%
Nippon India Money Market Fund-Growth Plan-Growth Option 4498.4
0.6800
0.0200%
Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option 4566.41
0.7100
0.0200%

Review Date: 23-10-2026

Beginning of Analysis

Nippon India Money Market Fund is the second ranked fund in the Money Market Fund category. 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 0.94% which is higher than the category average of 0.69%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 2.5 which is higher than the category average of 2.1.
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 0.24%, 1.47 and 3.11 in last one, three and six months respectively. In the same period the category average return was 0.26%, 1.48% and 3.12% respectively.
  • Nippon India Money Market Fund has given a return of 6.27% in last one year. In the same period the Money Market Fund category average return was 6.32%.
  • The fund has given a return of 7.32% in last three years and ranked 6.0th out of twenty two funds in the category. In the same period the Money Market Fund category average return was 7.22%.
  • The fund has given a return of 6.78% in last five years and ranked 2nd out of eighteen funds in the category. In the same period the Money Market Fund category average return was 6.64%.
  • The fund has given a return of 6.73% in last ten years and ranked 5th out of eleven funds in the category. In the same period the category average return was 6.59%.
  • The fund has given a SIP return of 6.41% in last one year whereas category average SIP return is 6.45%. The fund one year return rank in the category is 19th in 24 funds
  • The fund has SIP return of 4.97% in last three years and ranks 7th in 22 funds. Tata Money Market Fund has given the highest SIP return (5.08%) in the category in last three years.
  • The fund has SIP return of 5.68% in last five years whereas category average SIP return is 5.61%.

Nippon India Money Market Fund Risk Analysis

  • The fund has a standard deviation of 0.57 and semi deviation of 0.37. The category average standard deviation is 0.54 and semi deviation is 0.34.
  • 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 % 0.23
    0.24
    		0.17 | 0.31 15 | 25 Average
    3M Return % 1.43
    1.41
    		1.23 | 1.52 13 | 25 Good
    6M Return % 3.03
    2.96
    		2.61 | 3.12 9 | 25 Good
    1Y Return % 6.10
    5.99
    		5.18 | 6.24 11 | 23 Good
    3Y Return % 7.15
    6.88
    		6.11 | 7.20 6 | 22 Very Good
    5Y Return % 6.63
    6.29
    		5.42 | 6.65 2 | 18 Very Good
    7Y Return % 6.19
    5.91
    		5.05 | 6.29 6 | 15 Good
    10Y Return % 6.60
    6.27
    		5.43 | 6.68 2 | 11 Very Good
    15Y Return % 7.36
    7.08
    		6.34 | 7.44 3 | 11 Very Good
    1Y SIP Return % 6.22
    6.13
    		5.33 | 6.41 11 | 23 Good
    3Y SIP Return % 4.80
    4.60
    		3.82 | 4.87 7 | 22 Good
    5Y SIP Return % 5.53
    5.28
    		4.46 | 5.58 4 | 18 Very Good
    7Y SIP Return % 5.91
    5.65
    		4.78 | 5.94 5 | 15 Good
    10Y SIP Return % 6.26
    5.98
    		5.07 | 6.32 3 | 11 Very Good
    15Y SIP Return % 6.55
    6.29
    		5.43 | 6.75 3 | 11 Very Good
    Standard Deviation 0.57
    0.54
    		0.46 | 0.58 20 | 21 Poor
    Semi Deviation 0.37
    0.34
    		0.27 | 0.39 20 | 21 Poor
    Sharpe Ratio 2.50
    2.10
    		0.70 | 2.65 6 | 21 Very Good
    Sterling Ratio 0.73
    0.70
    		0.62 | 0.73 4 | 21 Very Good
    Sortino Ratio 1.79
    1.48
    		0.37 | 1.97 7 | 21 Good
    Jensen Alpha % 0.94
    0.69
    		-0.06 | 0.98 2 | 21 Very Good
    Treynor Ratio 0.08
    0.07
    		0.03 | 0.08 5 | 21 Very Good
    Modigliani Square Measure % 1.97
    1.66
    		0.55 | 2.09 6 | 21 Very Good
    Alpha % -0.59
    -0.89
    		-1.65 | -0.55 2 | 21 Very Good
    Return data last Updated On : Oct. 23, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.24 0.26 0.23 | 0.33 23 | 26 Poor
    3M Return % 1.47 1.48 1.41 | 1.56 17 | 26 Average
    6M Return % 3.11 3.12 2.93 | 3.23 17 | 26 Average
    1Y Return % 6.27 6.32 6.14 | 6.53 17 | 24 Average
    3Y Return % 7.32 7.22 6.72 | 7.43 6 | 22 Very Good
    5Y Return % 6.78 6.64 6.47 | 6.86 2 | 18 Very Good
    7Y Return % 6.33 6.23 5.74 | 6.48 5 | 15 Good
    10Y Return % 6.73 6.59 6.02 | 6.81 5 | 11 Good
    1Y SIP Return % 6.41 6.45 6.28 | 6.60 19 | 24 Poor
    3Y SIP Return % 4.97 4.93 4.70 | 5.08 7 | 22 Good
    5Y SIP Return % 5.68 5.61 5.50 | 5.79 5 | 18 Very Good
    7Y SIP Return % 6.05 5.97 5.73 | 6.17 4 | 15 Very Good
    10Y SIP Return % 6.39 6.30 6.14 | 6.45 3 | 11 Very Good
    Standard Deviation 0.57 0.54 0.46 | 0.58 20 | 21 Poor
    Semi Deviation 0.37 0.34 0.27 | 0.39 20 | 21 Poor
    Sharpe Ratio 2.50 2.10 0.70 | 2.65 6 | 21 Very Good
    Sterling Ratio 0.73 0.70 0.62 | 0.73 4 | 21 Very Good
    Sortino Ratio 1.79 1.48 0.37 | 1.97 7 | 21 Good
    Jensen Alpha % 0.94 0.69 -0.06 | 0.98 2 | 21 Very Good
    Treynor Ratio 0.08 0.07 0.03 | 0.08 5 | 21 Very Good
    Modigliani Square Measure % 1.97 1.66 0.55 | 2.09 6 | 21 Very Good
    Alpha % -0.59 -0.89 -1.65 | -0.55 2 | 21 Very Good
    Return data last Updated On : Oct. 23, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 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
    23-10-2026 4498.3986 4566.4125
    22-10-2026 4497.7203 4565.7032
    21-10-2026 4499.1184 4567.1016
    19-10-2026 4502.3682 4570.3589
    16-10-2026 4499.9151 4567.8063
    15-10-2026 4500.3805 4568.2579
    14-10-2026 4502.3827 4570.2695
    13-10-2026 4502.5893 4570.4583
    12-10-2026 4501.6323 4569.4662
    09-10-2026 4500.6382 4568.3946
    08-10-2026 4499.129 4566.8418
    07-10-2026 4497.8115 4565.4837
    06-10-2026 4497.1005 4564.7413
    05-10-2026 4496.8819 4564.4986
    01-10-2026 4493.3359 4560.8162
    30-09-2026 4491.4572 4558.8885
    29-09-2026 4489.459 4556.8396
    28-09-2026 4489.4585 4556.8184
    25-09-2026 4487.4722 4554.74
    24-09-2026 4487.7151 4554.9659
    23-09-2026 4488.0849 4555.3204

    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.