NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - DAILY IDCW Option

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

NAV · 06-Jul-2026

₹1007.4600

+0.15%

1Y (CAGR)

-0.35%

3Y (CAGR)

+0.11%

5Y (CAGR)

+0.08%

Since inception (CAGR)

+0.05%

NAV history

hover for values

Risk & SIP analytics

Q3 · 3Y in category

Volatility (3y)

0.24%

Downside dev (3y)

0.16%

Max drawdown (3y)

-0.7%

Sharpe (3y)

-26.62

SIP XIRR (3y)

+0.12%

SIP XIRR (5y)

+0.11%

Calendar-year returns

2020 +0.1%2021 +0.0%2022 +0.0%2023 +0.0%2024 +0.1%2025 +0.2%

Vs benchmark — Nifty 50

3y monthly · 36 months of overlap

Beta

0.00

Alpha (p.a.)

-6.03%

Up capture

0.7%

Down capture

0.7%

Correlation

0.22

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₹100

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 ↗