Nippon India Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 2
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹4002.63(R) +0.02% ₹4051.39(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.67% 6.72% 5.97% 6.54% 6.81%
LumpSum (D) 7.81% 6.85% 6.09% 6.66% 6.93%
SIP (R) -8.94% 5.5% 5.86% 5.69% 6.23%
SIP (D) -8.83% 5.63% 5.99% 5.82% 6.35%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.45 -0.15 0.67 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.47% 0.0% 0.0% - 0.37%
Top Money Market Fund
Fund Name Rank Rating
Uti Money Market Fund 1
Nippon India Money Market Fund 2
Aditya Birla Sun Life Money Manager Fund 3
Axis Money Market Fund 4

NAV Date: 17-01-2025

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 - DIRECT Plan - WEEKLY IDCW Option 1004.83
-1.2600
-0.1300%
NIPPON INDIA MONEY MARKET FUND - WEEKLY IDCW Option 1004.85
-1.2400
-0.1200%
NIPPON INDIA MONEY MARKET FUND - QUARTERLY IDCW Option 1014.61
0.2100
0.0200%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - QUARTERLY IDCW Option 1014.66
0.2100
0.0200%
NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW Option 1022.84
0.2100
0.0200%
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - MONTHLY IDCW Option 1023.08
0.2200
0.0200%
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option 2382.3
0.5000
0.0200%
Nippon India Money Market Fund-Growth Plan-Growth Option 4002.63
0.8300
0.0200%
Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option 4051.39
0.8500
0.0200%

Review Date: 17-01-2025

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 7.67% in 1 year, 6.72% in 3 years, 5.97% in 5 years and 6.81% in 10 years. The category average for the same periods is 7.29%, 6.3%, 5.63% and 12.17% 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 0.51 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 ₹10781.0 in 1 year, ₹12200.0 in 3 years and ₹13438.0 in 5 years as of today (17-01-2025).
  2. An SIP of ₹1,000 per month in Nippon India Money Market Fund direct growth option would have grown to ₹11418.0 in 1 year, ₹39222.0 in 3 years and ₹69821.0 in 5 years as of today (17-01-2025).
  3. Sharpe ratio of the fund is -0.45 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 % 0.58
0.56
0.47 | 0.60 8 | 22 Good
3M Return % 1.73
1.68
1.40 | 1.77 10 | 22 Good
6M Return % 3.60
3.46
2.79 | 3.64 6 | 22 Very Good
1Y Return % 7.67
7.29
5.99 | 7.70 3 | 22 Very Good
3Y Return % 6.72
6.30
5.39 | 6.73 2 | 18 Very Good
5Y Return % 5.97
5.63
4.77 | 6.10 5 | 15 Good
7Y Return % 6.54
6.15
5.24 | 6.63 2 | 12 Very Good
10Y Return % 6.81
12.17
5.75 | 69.18 3 | 11 Very Good
15Y Return % 45.97
22.72
6.66 | 45.97 1 | 11 Very Good
1Y SIP Return % -8.94
-9.20
-10.30 | -8.89 5 | 22 Very Good
3Y SIP Return % 5.50
5.15
4.33 | 5.52 3 | 18 Very Good
5Y SIP Return % 5.86
5.52
4.63 | 5.89 3 | 15 Very Good
7Y SIP Return % 5.69
5.16
4.03 | 5.76 2 | 12 Very Good
10Y SIP Return % 6.23
9.55
4.46 | 49.31 3 | 11 Very Good
15Y SIP Return % 44.89
22.35
5.79 | 52.40 4 | 11 Good
Standard Deviation 0.47
0.51
0.41 | 0.67 4 | 18 Very Good
Semi Deviation 0.37
0.42
0.33 | 0.58 5 | 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 -0.45
-1.18
-2.86 | -0.45 3 | 18 Very Good
Sterling Ratio 0.67
0.62
0.51 | 0.67 1 | 18 Very Good
Sortino Ratio -0.15
-0.33
-0.65 | -0.15 3 | 18 Very Good
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.59 0.58 0.50 | 0.62 12 | 22
3M Return % 1.77 1.76 1.51 | 1.82 11 | 22
6M Return % 3.67 3.63 3.01 | 3.76 11 | 22
1Y Return % 7.81 7.63 6.45 | 7.94 5 | 22
3Y Return % 6.85 6.66 6.38 | 6.93 2 | 18
5Y Return % 6.09 5.96 5.30 | 6.28 5 | 15
7Y Return % 6.66 6.51 5.63 | 7.19 4 | 12
10Y Return % 6.93 12.51 6.20 | 69.48 5 | 11
1Y SIP Return % -8.83 -8.92 -9.92 | -8.71 9 | 22
3Y SIP Return % 5.63 5.50 5.24 | 5.76 4 | 18
5Y SIP Return % 5.99 5.85 5.48 | 6.12 4 | 15
7Y SIP Return % 5.82 5.52 5.07 | 5.89 3 | 12
10Y SIP Return % 6.35 9.90 5.46 | 49.63 3 | 11
Standard Deviation 0.47 0.51 0.41 | 0.67 4 | 18
Semi Deviation 0.37 0.42 0.33 | 0.58 5 | 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 -0.45 -1.18 -2.86 | -0.45 3 | 18
Sterling Ratio 0.67 0.62 0.51 | 0.67 1 | 18
Sortino Ratio -0.15 -0.33 -0.65 | -0.15 3 | 18
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 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 0.14 ₹ 10,014.00 0.15 ₹ 10,015.00
1M 0.58 ₹ 10,058.00 0.59 ₹ 10,059.00
3M 1.73 ₹ 10,173.00 1.77 ₹ 10,177.00
6M 3.60 ₹ 10,360.00 3.67 ₹ 10,367.00
1Y 7.67 ₹ 10,767.00 7.81 ₹ 10,781.00
3Y 6.72 ₹ 12,156.00 6.85 ₹ 12,200.00
5Y 5.97 ₹ 13,363.00 6.09 ₹ 13,438.00
7Y 6.54 ₹ 15,582.00 6.66 ₹ 15,701.00
10Y 6.81 ₹ 19,333.00 6.93 ₹ 19,539.00
15Y 45.97 ₹ 2,910,537.00 ₹

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 -8.94 ₹ 11,410.30 -8.83 ₹ 11,417.64
3Y ₹ 36000 5.50 ₹ 39,144.49 5.63 ₹ 39,222.36
5Y ₹ 60000 5.86 ₹ 69,599.70 5.99 ₹ 69,820.86
7Y ₹ 84000 5.69 ₹ 102,869.17 5.82 ₹ 103,313.36
10Y ₹ 120000 6.23 ₹ 165,281.40 6.35 ₹ 166,304.40
15Y ₹ 180000 44.89 ₹ 8,552,968.92 ₹


Date Nippon India Money Market Fund NAV Regular Growth Nippon India Money Market Fund NAV Direct Growth
17-01-2025 4002.6288 4051.3926
16-01-2025 4001.803 4050.5413
15-01-2025 4000.6049 4049.313
14-01-2025 3999.2971 4047.9737
13-01-2025 3998.7683 4047.4229
10-01-2025 3996.8873 4045.4725
09-01-2025 3995.7588 4044.3147
08-01-2025 3995.6579 4044.1971
07-01-2025 3995.5948 4044.1177
06-01-2025 3995.1284 4043.6301
03-01-2025 3993.0315 4041.4612
02-01-2025 3992.5258 4040.9338
01-01-2025 3991.5028 4039.883
31-12-2024 3990.4415 4038.7932
30-12-2024 3987.7845 4036.0886
27-12-2024 3985.6176 4033.849
26-12-2024 3984.5821 4032.7855
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

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.