Nippon India Money Market Fund-Growth Plan-Growth Option

Open Ended Schemes(Debt Scheme - Money Market Fund)Moderate Risk★★★★★vs NIFTY Money Market IndexISIN INF204K01VA4

NAV · 06-Jul-2026

₹4428.8546

+1.12%

+3.26%

1Y (CAGR)

+6.24%

3Y (CAGR)

+7.32%

5Y (CAGR)

+6.53%

Since inception (CAGR)

+38.70%

NAV history

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Risk & SIP analytics

Q1 · TOP · 3Y in category

Volatility (3y)

0.41%

Downside dev (3y)

0.27%

Max drawdown (3y)

-0.2%

Sharpe (3y)

2.00

SIP XIRR (3y)

+7.16%

SIP XIRR (5y)

+7.10%

Calendar-year returns

2020 +6.0%2021 +3.8%2022 +5.0%2023 +7.3%2024 +7.8%2025 +7.4%

Vs benchmark — Nifty 50

3y monthly · 36 months of overlap

Beta

0.02

Alpha (p.a.)

+0.58%

Up capture

14.9%

Down capture

-23.9%

Correlation

0.34

Fund facts

Fund managerKinjal Desai · Vikash Agarwal · Amber Singhania

AUM₹2,12,626 Cr

TER · AMFI officialDirect 0.22% · Regular 0.39% (2026-06-30)

Launch date15-Jun-2005

Plan typeOpen Ended · Debt

Min lumpsumDaily IDCW Rs.10000 Other Plan Rs. 500

Lock-inNone

Volatility0.29

AMCNippon Life India Asset Management Limited

Objective · The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments.

scheme documents ↗