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Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option
★★★★★ monitor_heart Health Score: 70/100 · GoodNippon India Mutual Fund · Debt · Money Market
₹2,646.96
AUM: ₹21,974 Cr
NAV updated 8 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.22%
Exit Load
Nil
Fund Manager
Amit Tripathi, Vivek Sharma
Inception
Dec 2012
Benchmark
NIFTY Money Market Index A-I
Sharpe Ratio
0.22
Std Dev (1Y)
0.51%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.66%
3m
+1.56%
6m
+3.34%
1y
+6.26%
3y
+7.4%
5y
+6.65%
10y
+6.76%
since inception
+7.3%
rate_review TopFund's Take on Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option holds up reasonably well within the Money Market category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 70/100.
Cost: At 0.22%, the expense ratio runs 38% above the Money Market category average of 0.16%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.22 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.51% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option
The current NAV (Net Asset Value) of Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option is ₹2646.96. NAV is updated every business day after market close by AMFI.
1Y: 6.26% · 3Y CAGR: 7.4% · 5Y CAGR: 6.65%
The expense ratio is 0.22% per annum — the annual fee deducted from your investment to cover fund management costs.
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option is managed by Amit Tripathi, Vivek Sharma at Nippon India Mutual Fund.
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option is a Money Market fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option is ₹21,974 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.