Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Nippon India Money Market Fund-Growth Plan-Growth Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 70/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)7.4%
- Expense ratio (20%)0.22%
- AUM (15%)₹23,624 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Nippon India Mutual Fund · Debt · Money Market
₹4,556.82
AUM: ₹23,624 Cr
NAV updated about 4 hours ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.22%
Exit Load
Nil
Fund Manager
Amit Tripathi, Vivek Sharma
Inception
Jan 2013
Benchmark
NIFTY Money Market Index A-I
Sharpe Ratio
0.2
Std Dev (1Y)
0.52%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.53%
3m
+1.77%
6m
+3.69%
1y
+6.52%
3y
+7.4%
5y
+6.78%
10y
+6.75%
since inception
+34.43%
TopFund's Take on Nippon India Money Market Fund-Growth Plan-Growth Option
Nippon India Money Market Fund-Growth Plan-Growth 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 0.2 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.52% is on the lower side for a Money Market fund, 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.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Nippon India Money Market Fund-Growth Plan-Growth Option
The current NAV (Net Asset Value) of Nippon India Money Market Fund-Growth Plan-Growth Option is ₹4556.82. NAV is updated every business day after market close by AMFI.
1Y: 6.52% · 3Y CAGR: 7.4% · 5Y CAGR: 6.78%
The expense ratio of Nippon India Money Market Fund-Growth Plan-Growth Option is 0.22% per annum. This is the annual fee charged by the fund to manage your investment.
Nippon India Money Market Fund-Growth Plan-Growth Option is managed by Amit Tripathi, Vivek Sharma at Nippon India Mutual Fund.
Nippon India Money Market Fund-Growth Plan-Growth Option is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Nippon India Money Market Fund-Growth Plan-Growth Option is a Money Market fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Nippon India Money Market Fund-Growth Plan-Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Nippon India Money Market Fund-Growth Plan-Growth Option is ₹23,624 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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