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Nippon India Money Market Fund-Growth Plan-Growth Option
★★★★★ monitor_heart Health Score: 69/100 · GoodNippon India Mutual Fund · Debt · Money Market Fund
₹4,436.25
AUM: ₹21,262 Cr
NAV updated 25 days ago
Plan
—
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.23%
Exit Load
Nil
Fund Manager
Amit Tripathi, Vivek Sharma
Inception
Dec 2012
Benchmark
NIFTY Money Market Index A-I
Sharpe Ratio
0.14
Std Dev (1Y)
0.49%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+1.13%
3m
+1.93%
6m
+3.21%
1y
+6.26%
3y
+7.3%
5y
+6.51%
10y
+6.65%
since inception
+34.81%
rate_review 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 Fund 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 69/100.
Cost: At 0.23%, the expense ratio is roughly in line with the Money Market Fund category average of 0.25% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.14 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.49% 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-Growth Plan-Growth Option
The current NAV (Net Asset Value) of Nippon India Money Market Fund-Growth Plan-Growth Option is ₹4436.25. NAV is updated every business day after market close by AMFI.
1Y: 6.26% · 3Y CAGR: 7.3% · 5Y CAGR: 6.51%
The expense ratio is 0.23% per annum — the annual fee deducted from your investment to cover fund management costs.
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 a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Nippon India Money Market Fund-Growth Plan-Growth Option is a Money Market Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Nippon India Money Market Fund-Growth Plan-Growth Option is ₹21,263 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.