Nippon India Money Market Fund - Direct (IDCW-Q)
Money Market FundNAV
1013.81(0.04%)Fund Size (CR)
₹21,876.27Expense Ratio
0.22Scheme Type
Active FundValue Research
Min. investment
₹500Minimum Additional Investment
₹500Minimum SIP Investment
₹100Minimum Withdrawal
₹100Exit Load
0%Return Since Launch
6.72%
Basic Details
Scheme Manager
Vikas Agrawal
Bench Mark
NIFTY Money Market Index A-I
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | March 24, 2026 | 10021.70 | 0.22% | - | 0.19% | 78/194 |
| 1 Month | February 27, 2026 | 10034.27 | 0.34% | - | 0.40% | 94/194 |
| 3 Month | December 31, 2025 | 10124.66 | 1.25% | - | 1.19% | 93/192 |
| 6 Month | September 30, 2025 | 10279.23 | 2.79% | - | 2.58% | 58/186 |
| 1 Year | March 31, 2025 | 10674.87 | 6.75% | 6.75% | 6.49% | 23/187 |
| 3 Year | March 31, 2023 | 12403.65 | 24.04% | 7.44% | 7.13% | 26/168 |
| 5 Year | March 31, 2021 | 13447.10 | 34.47% | 6.10% | 6.09% | 101/150 |
| Since Inception | July 17, 2013 | 22860.36 | 128.60% | 6.72% | 6.43% | 105/194 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | April 2, 2025 | 1,30,000 | 293317.61 | 125.63% | 125.63% |
| 3 Year | April 3, 2023 | 3,70,000 | 835934.46 | 125.93% | 31.22% |
| 5 Year | April 5, 2021 | 6,10,000 | 1380561.88 | 126.32% | 17.75% |
| 10 Year | April 3, 2016 | 12,10,000 | 2744076.45 | 126.78% | 8.53% |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
Monthly Investment (₹)
Expected Returns Rate (%)
Time Period (in Years)
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
0.26%
Standard Deviation
0.02%
Beta
1.85%
Sharpe Ratio
1.84%
Treynor's Ratio
1.55%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| There's no data available of Stock Holdings | |||||
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Nippon India Money Market Fund - Direct (IDCW-Q) | 21876.27 | 0.34% | 1.25% | 2.79% | 6.75% | 7.44% | |
| Bandhan Money Market Fund - Direct (IDCW-D) | 14805.35 | 0.41% | 1.76% | 3.27% | 8.79% | 8.72% | |
| SBI Savings Fund - Direct (IDCW-W) | 35417.75 | 0.31% | 1.22% | 2.76% | 8.70% | 7.53% | |
| DSP Savings Fund - Direct (IDCW-D) | 8549.07 | 0.38% | 1.26% | 2.81% | 8.04% | 8.30% | |
| UTI-Money Market Fund - Direct (IDCW-D) | 20319.65 | 0.36% | 1.26% | 2.98% | 6.88% | 7.48% | |
| Tata Money Market Fund - Direct (IDCW-D) | 36819.05 | 0.36% | 1.39% | 2.95% | 6.88% | 7.66% |
List of Schemes under Nippon India Mutual Fund
News
Nippon India Mutual Fund announces Ceasation of Key Personnel
Nippon India Mutual Fund Announces Cessation of Key Personnel that , Mr. Vijay Kumar Chopra ceased to be an Independent Director on the Board of NLITL due to completion of his tenure with effect from March 31, 2026.
Nippon India Mutual Fund announces Resignation of Fund Manager
Nippon India Mutual Fund Announces Resignation of Fund Manager that Mr. Divya Dutt Sharma, Research Associate & Assistant Fund Manager ' Overseas Investment has resigned from Nippon Life India Asset Management Limited with effect from the close of business hours on March 30, 2026.
Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight Merger into Nippon India Corporate Bond Fund
Nippon India Mutual Fund has approved the merger of Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight Merger into Nippon India Corporate Bond Fund, with effect from 04 May, 2026.Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
January 1, 2013
Total AUM (Cr)
₹19938.48
Nippon India Money Market Fund - Direct (IDCW-Q) is an Money Market Fund-oriented fund from the renowned AMC, Nippon India Mutual Fund. Launched in January 1, 2013, this fund is managed by Vikas Agrawal. With assets under management (AUM) worth ₹19,938.48 (Cr), as of April 2, 2026, Nippon India Money Market Fund - Direct (IDCW-Q) is categorized as a Money Market Fund within its segment. The fund has generated a return of 6.72% since its launch.
The current NAV of Nippon India Money Market Fund - Direct (IDCW-Q) is ₹1,013.81, as on April 2, 2026. The fund's benchmark index is NIFTY Money Market Index A-I. You can invest in Nippon India Money Market Fund - Direct (IDCW-Q) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 7.44% and 6.10% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.94% in Debt and 0.06% in cash and cash equivalents.
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
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Equity Funds
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