Debt · Money Market

Nippon India Money Market Fund

Nippon Life India Asset Management Limited

Benchmark

NIFTY Money Market Index A-I

Riskometer

Moderate

Size

₹20,835 cr

Allotted

16 Jun 2005

Holdings as of

30 Sep 2026

Nippon India Money Market Fund is a money market fund of Nippon Life India Asset Management Limited with ₹20,835 cr under management. It is ahead of its benchmark (NIFTY Money Market Index A-I) in 4 of 4 periods. Its direct plan charges 0.22% a year.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is Nippon India Money Market Fund invested in?

104% in debt, 0% in shares and -5% in cash, as of 30 Sep 2026.

Equity0.0%Debt104.4%Cash-4.7%Other0.3%

Holdings as of 30 Sep 2026

Has Nippon India Money Market Fund beaten its benchmark?

Ahead of its benchmark, NIFTY Money Market Index A-I, in 4 of 4 periods in AMFI's figures; +6.52% over the last year against +6.51%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.50%	−3.60%	—
3 months	+1.76%	−5.03%	—
6 months	+3.27%	−1.83%	—
1 year	+6.50%	−4.06%	+10.56 pts
3 years	+7.41%	+9.27%	−1.86 pts
5 years	+6.81%	+8.00%	−1.19 pts
10 years	+6.76%	+12.69%	−5.93 pts
Since start from 1 Jan 2013	+7.30%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (NIFTY Money Market Index A-I) in 4 of 4 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.52%	+6.34%	+6.51%	+0.01	🔒
3y	+7.40%	+7.24%	+7.11%	+0.29	🔒
5y	+6.81%	+6.66%	+6.48%	+0.33	🔒
10y	+6.75%	+6.63%	+6.22%	+0.53	🔒

Ahead in points a year · its rank among Money Market funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 14 Oct 2026

Fund 192Nifty 500 TRI 327

₹100 put in at the start of Oct 2016 would be ₹192 on 14 Oct 2026, against ₹327 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Nippon India Money Market Fund cost?

0.22% a year on the direct plan, 0.39% on the regular plan; 22 of 27 funds in its category charge less.

Direct plan

0.22% a year

Category median 0.17%

Regular plan

0.39% a year

Category median 0.40%

Gap

0.17 points

for the same holdings

22 of 27 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Debt Scheme - Money Market Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Nippon India Money Market Fund?

Vikash Agarwal, since None.

Vikash Agarwal

Primary

None years

since None

Benchmark as filedNIFTY Money Market Index A-I

Exit load

Nil

From 8 Scheme Summary Documents filed with NSE, first on 7 May 2026; as on 8 Oct 2026

Questions people ask

Who manages Nippon India Money Market Fund?

Vikash Agarwal (Primary) since None.

What is the expense ratio of Nippon India Money Market Fund?

0.22% a year on the direct plan and 0.39% on the regular plan (expense report, Oct 2026).

How has Nippon India Money Market Fund done?

Its direct plan returned +7.40% a year over 3 years against +7.11% for its benchmark, NIFTY Money Market Index A-I, as of 13 Oct 2026.