Investment Objective and Approach

The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments. Investment in Money Market instruments having maturity upto 1 year.

The fund focuses on maintaining a balance between capital preservation and generating reasonable returns through short-term debt instruments. As a money market fund, it invests primarily in high-quality debt securities with maturities of up to one year, making it suitable for investors seeking better returns than traditional savings accounts while maintaining relatively low risk levels.

Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.

Fund Managers

The fund is managed by experienced professionals with strong expertise in debt markets:

- Vikash Agarwal: The fund is managed by Anju Chhajer, Akshay Sharma, Kinjal Desai, Vikash Agarwal. Mr. Agarwal is a B.Com., CA, CFA... Prior to joining Nippon AMC, he has worked with HDFC AMC, Larsen & Toubro Ltd.

- Kinjal Desai: Also serving as a co-fund manager, bringing additional expertise to the fund management process.

The fund management team brings extensive experience in debt markets and money market instruments, ensuring professional portfolio management aligned with the fund's investment objectives.

About the Fund House (AMC)

Nippon India Mutual Fund is one of India's leading mutual fund companies.It is is one of the fastest growing AMCs in India. It was registered on June 30, 1995. Nippon Mutual Fund was originally Reliance Capital Mutual Fund and changed its name in 2004.

Nippon India Mutual Fund, previously known as Reliance Mutual Fund, was renamed on September 28, 2019, after Nippon Life Insurance, Japan, acquired a 75% stake in Reliance Nippon Life Asset Management. The Mumbai-based asset management company, established in 1995, is one of the fastest-growing AMCs in the country.

Key highlights about the AMC:

- Nippon India Mutual Fund stands as one of the premier asset management companies in India, managing Assets Under Management (AUM) amounting to Rs. 380049 crores as of December 2023

- As of December 2023, the average asset under management stood at Rs. 3.77 lakh crores with more than 225.44 lakh folios

- NIMF offers a well-rounded portfolio of products to meet the varying requirements of investors and has a presence in 272 locations across India

- It has a total of 80 direct mutual fund schemes in operation, out of which there are a total of 45 equity schemes, 27 debt schemes and 8 hybrid schemes

The fund house combines Japanese investment expertise with deep understanding of Indian markets, providing investors access to global best practices in fund management.

Should I Invest in Nippon India Money Market Fund?

This fund may be suitable for investors with specific financial goals and risk profiles:

Consider investing if you:

- Seek better returns than traditional savings accounts or short-term fixed deposits

- Have a low to moderate risk tolerance

- Need liquidity and want to park funds for short to medium term

- Want to diversify your debt portfolio with money market instruments

- Are looking for steady income generation with capital preservation

Key considerations:

- Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether

- They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund. If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account

Financial Performance Snapshot:

- Nippon India Money Market Fund Direct Growth has given a CAGR return of 7.39% since inception

- Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.30%, 7.67% and 6.21% respectively (as of July 2025)

- Over the past five years, Nippon India Money Market Fund has delivered an annualised return of 6.10% as of 25-Jul-2025

The fund is more suitable for conservative investors or those looking to park surplus funds temporarily rather than for long-term wealth creation goals.

FAQs

What is today's NAV of Nippon India Money Market Fund?

The NAV changes daily based on market conditions. Latest NAV ₹4005.95 and ₹4,181.0452 as of 25-Jul-2025. Check Allvest platform for the most current NAV.

What is the AUM of Nippon India Money Market Fund?

The AUM of Nippon India Money Market Fund is ₹19,654.57 Cr as reported by leading financial platforms.

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

Expense ratio · 0.26% for direct plans and The Expense Ratio of Nippon India Money Market Fund is 0.38% for regular plans.

What are the returns of Nippon India Money Market Fund since inception?

Nippon India Money Market Fund Direct Growth has given a CAGR return of 7.39% since inception. Returns may vary based on market conditions.

What is the minimum SIP amount to invest in Nippon India Money Market Fund?

The minimum investment required to start investing in Nippon India Money Market Fund is ₹500 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.

How do I invest in Nippon India Money Market Fund?

You can invest through Allvest platform by selecting the fund, choosing between SIP or lumpsum, entering investment amount, and completing KYC formalities for seamless investment experience.

How to start a SIP in Nippon India Money Market Fund?

Log into Allvest platform, search for Nippon India Money Market Fund, select SIP option, enter monthly investment amount starting from ₹100, and set up auto-debit instructions.

How do I automate an SIP in Nippon India Money Market Fund?

To automate an SIP in Nippon India Money Market Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Nippon India Money Market Fund automatically, ensuring consistent contributions without manual intervention. Similar automation features are available on Allvest platform.

How can I withdraw/redeem my investment in Nippon India Money Market Fund?

You can redeem your investment through Allvest platform by placing a redemption request. The fund has no lock-in period, providing flexibility to withdraw as needed, typically processed within 1-3 business days.