Nippon India Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 2
BMSMONEY Rating
Gro. Opt. As On: 22-11-2024
NAV ₹3961.44(R) +0.02% ₹4008.87(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.73% 6.58% 5.93% 6.53% 6.84%
LumpSum (D) 7.87% 6.7% 6.05% 6.65% 6.95%
SIP (R) -8.61% 1.48% 4.47% 5.46% 6.14%
SIP (D) -8.51% 1.61% 4.6% 5.59% 6.26%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.55 -0.18 0.65 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.48% 0.0% 0.0% - 0.38%
Top Money Market Fund
Fund Name Rank Rating
Aditya Birla Sun Life Money Manager Fund 1
Nippon India Money Market Fund 2
Uti Money Market Fund 3
Tata Money Market Fund 4

NAV Date: 22-11-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - DAILY IDCW Option 1004.43
0.0100
0.0000%
NIPPON INDIA MONEY MARKET FUND - DAILY IDCW Option 1004.5
0.0100
0.0000%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - WEEKLY IDCW Option 1004.9
-0.6100
-0.0600%
NIPPON INDIA MONEY MARKET FUND - WEEKLY IDCW Option 1004.92
-0.5900
-0.0600%
NIPPON INDIA MONEY MARKET FUND - QUARTERLY IDCW Option 1022.27
0.2100
0.0200%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - QUARTERLY IDCW Option 1022.42
0.2200
0.0200%
NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW Option 1023.02
0.2100
0.0200%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - MONTHLY IDCW Option 1023.27
0.2200
0.0200%
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option 2357.3
0.5000
0.0200%
Nippon India Money Market Fund-Growth Plan-Growth Option 3961.44
0.8200
0.0200%
Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option 4008.87
0.8500
0.0200%

Review Date: 22-11-2024

Nippon India Money Market Fund has shown very good performance in the Money Market Fund category. The fund has rank of 2 out of 18 funds in the category. The fund has delivered return of 7.73% in 1 year, 6.58% in 3 years, 5.93% in 5 years and 6.84% in 10 years. The category average for the same periods is 7.34%, 6.14%, 5.58% and 12.2% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 0.48. The category average for the same parameter is 0.53 The fund has low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Nippon India Money Market Fund direct growth option would have grown to ₹10787.0 in 1 year, ₹12149.0 in 3 years and ₹13411.0 in 5 years as of today (22-11-2024).
  2. An SIP of ₹1,000 per month in Nippon India Money Market Fund direct growth option would have grown to ₹11438.0 in 1 year, ₹36903.0 in 3 years and ₹67417.0 in 5 years as of today (22-11-2024).
  3. Sharpe ratio of the fund is -0.55 which shows very good performance of fund in the money market fund category.


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.60
0.58
0.44 | 0.61 4 | 22 Very Good
3M Return % 1.84
1.77
1.37 | 1.86 4 | 22 Very Good
6M Return % 3.74
3.57
2.79 | 3.76 4 | 22 Very Good
1Y Return % 7.73
7.34
6.08 | 7.76 3 | 22 Very Good
3Y Return % 6.58
6.14
5.23 | 6.58 1 | 18 Very Good
5Y Return % 5.93
5.58
4.73 | 6.06 4 | 15 Very Good
7Y Return % 6.53
6.10
5.25 | 6.62 2 | 12 Very Good
10Y Return % 6.84
12.20
5.78 | 69.22 3 | 11 Very Good
15Y Return % 45.93
22.69
6.62 | 45.93 1 | 11 Very Good
1Y SIP Return % -8.61
-8.93
-10.13 | -8.60 4 | 22 Very Good
3Y SIP Return % 1.48
1.12
0.33 | 1.50 3 | 18 Very Good
5Y SIP Return % 4.47
4.12
3.23 | 4.51 2 | 15 Very Good
7Y SIP Return % 5.46
5.12
4.17 | 5.53 2 | 12 Very Good
10Y SIP Return % 6.14
10.07
4.91 | 53.16 3 | 11 Very Good
15Y SIP Return % 45.52
22.64
6.05 | 52.54 4 | 11 Good
Standard Deviation 0.48
0.53
0.45 | 0.68 4 | 18 Very Good
Semi Deviation 0.38
0.42
0.35 | 0.58 4 | 18 Very Good
Max Drawdown % 0.00
-0.05
-0.40 | 0.00 12 | 18 Average
Average Drawdown % 0.00
-0.05
-0.40 | 0.00 12 | 18 Average
Sharpe Ratio -0.55
-1.29
-2.88 | -0.55 2 | 18 Very Good
Sterling Ratio 0.65
0.60
0.50 | 0.65 1 | 18 Very Good
Sortino Ratio -0.18
-0.36
-0.65 | -0.18 2 | 18 Very Good
Return data last Updated On : Nov. 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.61 0.60 0.48 | 0.63 7 | 22
3M Return % 1.88 1.85 1.48 | 1.92 7 | 22
6M Return % 3.80 3.74 3.01 | 3.86 6 | 22
1Y Return % 7.87 7.69 6.54 | 7.99 5 | 22
3Y Return % 6.70 6.50 6.21 | 6.78 2 | 18
5Y Return % 6.05 5.91 5.25 | 6.21 5 | 15
7Y Return % 6.65 6.47 5.61 | 6.89 4 | 12
10Y Return % 6.95 12.54 6.22 | 69.52 5 | 11
1Y SIP Return % -8.51 -8.64 -9.76 | -8.43 5 | 22
3Y SIP Return % 1.61 1.46 1.20 | 1.71 3 | 18
5Y SIP Return % 4.60 4.44 4.03 | 4.72 3 | 15
7Y SIP Return % 5.59 5.49 5.25 | 5.76 4 | 12
10Y SIP Return % 6.26 10.42 5.67 | 53.49 4 | 11
Standard Deviation 0.48 0.53 0.45 | 0.68 4 | 18
Semi Deviation 0.38 0.42 0.35 | 0.58 4 | 18
Max Drawdown % 0.00 -0.05 -0.40 | 0.00 12 | 18
Average Drawdown % 0.00 -0.05 -0.40 | 0.00 12 | 18
Sharpe Ratio -0.55 -1.29 -2.88 | -0.55 2 | 18
Sterling Ratio 0.65 0.60 0.50 | 0.65 1 | 18
Sortino Ratio -0.18 -0.36 -0.65 | -0.18 2 | 18
Return data last Updated On : Nov. 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.02 ₹ 10,002.00 0.02 ₹ 10,002.00
1W 0.15 ₹ 10,015.00 0.15 ₹ 10,015.00
1M 0.60 ₹ 10,060.00 0.61 ₹ 10,061.00
3M 1.84 ₹ 10,184.00 1.88 ₹ 10,188.00
6M 3.74 ₹ 10,374.00 3.80 ₹ 10,380.00
1Y 7.73 ₹ 10,773.00 7.87 ₹ 10,787.00
3Y 6.58 ₹ 12,105.00 6.70 ₹ 12,149.00
5Y 5.93 ₹ 13,337.00 6.05 ₹ 13,411.00
7Y 6.53 ₹ 15,571.00 6.65 ₹ 15,689.00
10Y 6.84 ₹ 19,381.00 6.95 ₹ 19,586.00
15Y 45.93 ₹ 2,898,333.00 ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -8.61 ₹ 11,430.74 -8.51 ₹ 11,437.70
3Y ₹ 36000 1.48 ₹ 36,831.89 1.61 ₹ 36,903.28
5Y ₹ 60000 4.47 ₹ 67,203.48 4.60 ₹ 67,416.78
7Y ₹ 84000 5.46 ₹ 102,023.71 5.59 ₹ 102,467.90
10Y ₹ 120000 6.14 ₹ 164,490.48 6.26 ₹ 165,511.80
15Y ₹ 180000 45.52 ₹ 9,030,409.02 ₹


Date Nippon India Money Market Fund NAV Regular Growth Nippon India Money Market Fund NAV Direct Growth
22-11-2024 3961.4412 4008.8707
21-11-2024 3960.6193 4008.0246
19-11-2024 3959.3861 4006.7479
18-11-2024 3958.6133 4005.9516
14-11-2024 3955.6999 4002.9463
13-11-2024 3954.9077 4002.1304
12-11-2024 3954.0901 4001.2887
11-11-2024 3953.37 4000.5457
08-11-2024 3951.1856 3998.2924
07-11-2024 3950.4418 3997.5254
06-11-2024 3949.4684 3996.5262
05-11-2024 3948.7245 3995.7592
04-11-2024 3947.8047 3994.8142
31-10-2024 3944.7055 3991.6212
30-10-2024 3943.6774 3990.5667
29-10-2024 3942.9155 3989.7814
28-10-2024 3942.1728 3989.0156
25-10-2024 3940.0321 3986.8065
24-10-2024 3939.1835 3985.9336
23-10-2024 3938.3767 3985.103
22-10-2024 3937.6832 3984.3871

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.