Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option

Open Ended Schemes(Debt Scheme - Money Market Fund)Moderate Risk★★★★★vs NIFTY Money Market IndexISIN INF204K01G11

NAV · 06-Jul-2026

₹2642.3243

+1.13%

+3.34%

1Y (CAGR)

+6.42%

3Y (CAGR)

+7.48%

5Y (CAGR)

+6.67%

Since inception (CAGR)

+7.31%

NAV history

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Risk & SIP analytics

Q1 · TOP · 3Y in category

Volatility (3y)

0.42%

Downside dev (3y)

0.27%

Max drawdown (3y)

-0.1%

Sharpe (3y)

2.33

SIP XIRR (3y)

+7.33%

SIP XIRR (5y)

+7.25%

Calendar-year returns

2020 +6.1%2021 +3.9%2022 +5.1%2023 +7.5%2024 +7.9%2025 +7.6%

Vs benchmark — Nifty 50

3y monthly · 36 months of overlap

Beta

0.02

Alpha (p.a.)

+0.72%

Up capture

15.2%

Down capture

-24.5%

Correlation

0.34

Fund facts

Fund managerKinjal Desai · Vikash Agarwal · Amber Singhania

AUM₹2,12,626 Cr

Expense ratio0.19% · 2026-05-31

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

Launch date15-Jun-2005

Plan typeOpen Ended · Debt

Min lumpsum₹500

Min SIP₹0

Lock-inNone

Volatility0.41

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 ↗