Nippon India Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 2
BMSMONEY Rating
Gro. Opt. As On: 24-12-2024
NAV ₹3983.2(R) +0.01% ₹4031.36(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.73% 6.66% 5.94% 6.54% 6.83%
LumpSum (D) 7.87% 6.79% 6.06% 6.65% 6.94%
SIP (R) 7.47% 5.28% 5.77% 6.06% 6.18%
SIP (D) 7.61% 5.41% 5.89% 6.18% 6.29%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.48 -0.16 0.66 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.47% 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
Axis Money Market Fund 4

NAV Date: 24-12-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - DAILY IDCW Option 1004.36
0.0000
0.0000%
NIPPON INDIA MONEY MARKET FUND - DAILY IDCW Option 1004.43
0.0000
0.0000%
NIPPON INDIA MONEY MARKET FUND - WEEKLY IDCW Option 1005.32
0.1000
0.0100%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - WEEKLY IDCW Option 1005.32
0.1000
0.0100%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - QUARTERLY IDCW Option 1009.64
0.1000
0.0100%
NIPPON INDIA MONEY MARKET FUND - QUARTERLY IDCW Option 1009.68
0.1000
0.0100%
NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW Option 1023.05
0.1000
0.0100%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - MONTHLY IDCW Option 1023.32
0.1000
0.0100%
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option 2370.52
0.2400
0.0100%
Nippon India Money Market Fund-Growth Plan-Growth Option 3983.2
0.3900
0.0100%
Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option 4031.36
0.4100
0.0100%

Review Date: 24-12-2024

Nippon India Money Market Fund has exhibited 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, 6.66% in 3 years, 5.94% in 5 years and 6.83% in 10 years. The category average for the same periods is 7.34%, 6.23%, 5.61% and 12.19% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 0.47. The category average for the same parameter is 0.52 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, ₹12177.0 in 3 years and ₹13422.0 in 5 years as of today (24-12-2024).
  2. An SIP of ₹1,000 per month in Nippon India Money Market Fund direct growth option would have grown to ₹12488.0 in 1 year, ₹39092.0 in 3 years and ₹69642.0 in 5 years as of today (24-12-2024).
  3. Sharpe ratio of the fund is -0.48 which shows very good performance of fund in the money market fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.49
0.48
0.41 | 0.51 10 | 22 Good
3M Return % 1.77
1.70
1.37 | 1.79 5 | 22 Very Good
6M Return % 3.63
3.49
2.79 | 3.66 5 | 22 Very Good
1Y Return % 7.73
7.34
6.09 | 7.76 3 | 22 Very Good
3Y Return % 6.66
6.23
5.32 | 6.66 1 | 18 Very Good
5Y Return % 5.94
5.61
4.76 | 6.08 5 | 15 Good
7Y Return % 6.54
6.13
5.25 | 6.63 2 | 12 Very Good
10Y Return % 6.83
12.19
5.76 | 69.20 4 | 11 Good
15Y Return % 45.95
22.71
6.64 | 45.95 1 | 11 Very Good
1Y SIP Return % 7.47
7.14
5.82 | 7.51 4 | 22 Very Good
3Y SIP Return % 5.28
4.93
4.14 | 5.30 3 | 18 Very Good
5Y SIP Return % 5.77
5.42
4.55 | 5.80 3 | 15 Very Good
7Y SIP Return % 6.06
5.72
4.79 | 6.13 2 | 12 Very Good
10Y SIP Return % 6.18
9.98
4.97 | 51.33 4 | 11 Good
15Y SIP Return % 45.21
22.59
6.15 | 52.54 4 | 11 Good
Standard Deviation 0.47
0.52
0.43 | 0.68 4 | 18 Very Good
Semi Deviation 0.38
0.42
0.34 | 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 -0.48
-1.21
-2.83 | -0.47 2 | 18 Very Good
Sterling Ratio 0.66
0.61
0.50 | 0.66 1 | 18 Very Good
Sortino Ratio -0.16
-0.34
-0.65 | -0.15 2 | 18 Very Good
Return data last Updated On : Dec. 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.50 0.51 0.49 | 0.52 13 | 22
3M Return % 1.80 1.78 1.48 | 1.84 9 | 22
6M Return % 3.70 3.66 3.01 | 3.78 9 | 22
1Y Return % 7.87 7.69 6.55 | 8.00 5 | 22
3Y Return % 6.79 6.59 6.30 | 6.86 2 | 18
5Y Return % 6.06 5.94 5.27 | 6.25 5 | 15
7Y Return % 6.65 6.50 5.63 | 7.05 4 | 12
10Y Return % 6.94 12.53 6.21 | 69.50 5 | 11
1Y SIP Return % 7.61 7.48 6.28 | 7.73 5 | 22
3Y SIP Return % 5.41 5.28 5.03 | 5.52 4 | 18
5Y SIP Return % 5.89 5.75 5.36 | 6.02 4 | 15
7Y SIP Return % 6.18 6.09 5.85 | 6.33 4 | 12
10Y SIP Return % 6.29 10.33 5.94 | 51.66 5 | 11
Standard Deviation 0.47 0.52 0.43 | 0.68 4 | 18
Semi Deviation 0.38 0.42 0.34 | 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 -0.48 -1.21 -2.83 | -0.47 2 | 18
Sterling Ratio 0.66 0.61 0.50 | 0.66 1 | 18
Sortino Ratio -0.16 -0.34 -0.65 | -0.15 2 | 18
Return data last Updated On : Dec. 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.01 ₹ 10,001.00 0.01 ₹ 10,001.00
1W 0.09 ₹ 10,009.00 0.09 ₹ 10,009.00
1M 0.49 ₹ 10,049.00 0.50 ₹ 10,050.00
3M 1.77 ₹ 10,177.00 1.80 ₹ 10,180.00
6M 3.63 ₹ 10,363.00 3.70 ₹ 10,370.00
1Y 7.73 ₹ 10,773.00 7.87 ₹ 10,787.00
3Y 6.66 ₹ 12,134.00 6.79 ₹ 12,177.00
5Y 5.94 ₹ 13,347.00 6.06 ₹ 13,422.00
7Y 6.54 ₹ 15,577.00 6.65 ₹ 15,696.00
10Y 6.83 ₹ 19,354.00 6.94 ₹ 19,560.00
15Y 45.95 ₹ 2,904,308.00 ₹

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 7.47 ₹ 12,479.76 7.61 ₹ 12,488.34
3Y ₹ 36000 5.28 ₹ 39,014.64 5.41 ₹ 39,092.08
5Y ₹ 60000 5.77 ₹ 69,423.60 5.89 ₹ 69,641.70
7Y ₹ 84000 6.06 ₹ 104,196.54 6.18 ₹ 104,648.38
10Y ₹ 120000 6.18 ₹ 164,808.48 6.29 ₹ 165,820.20
15Y ₹ 180000 45.21 ₹ 8,788,481.46 ₹


Date Nippon India Money Market Fund NAV Regular Growth Nippon India Money Market Fund NAV Direct Growth
24-12-2024 3983.2002 4031.3559
23-12-2024 3982.8151 4030.9506
20-12-2024 3981.3184 4029.3895
19-12-2024 3980.532 4028.5781
18-12-2024 3980.199 4028.2267
17-12-2024 3979.6524 4027.6592
16-12-2024 3978.8563 4026.839
13-12-2024 3976.4273 4024.3377
12-12-2024 3976.4339 4024.33
11-12-2024 3976.3795 4024.2607
10-12-2024 3975.6682 4023.5264
09-12-2024 3974.9974 4022.8333
06-12-2024 3972.7442 4020.5099
05-12-2024 3971.7341 4019.4734
04-12-2024 3970.4502 4018.1597
03-12-2024 3969.596 4017.2809
02-12-2024 3968.7818 4016.4426
29-11-2024 3966.281 4013.8688
28-11-2024 3965.5994 4013.1647
27-11-2024 3965.0629 4012.6075
26-11-2024 3964.3902 4011.9124
25-11-2024 3963.7014 4011.2008

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.