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 - MONTHLY IDCW 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%)7.44%
- 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
₹4,547.7
AUM: ₹23,624 Cr
NAV updated 13 days ago
Plan
Direct
Option
Idcw
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
-3.1
Std Dev (1Y)
1.89%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.58%
3m
+2.06%
6m
+3.59%
1y
+6.61%
3y
+7.44%
5y
+6.76%
10y
+6.76%
since inception
+25.41%
TopFund's Take on NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW Option
NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW 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 negative Sharpe ratio of -3.1 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.89% 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 - MONTHLY IDCW Option
The current NAV (Net Asset Value) of NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW Option is ₹4547.7. NAV is updated every business day after market close by AMFI.
1Y: 6.61% · 3Y CAGR: 7.44% · 5Y CAGR: 6.76%
The expense ratio of NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW Option is 0.22% per annum. This is the annual fee charged by the fund to manage your investment.
NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW Option is managed by Amit Tripathi, Vivek Sharma at Nippon India Mutual Fund.
NIPPON INDIA MONEY MARKET FUND - MONTHLY IDCW 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 - MONTHLY IDCW 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 - MONTHLY IDCW 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 - MONTHLY IDCW 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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