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Fund Overview of Nippon India Money Market Fund Direct-IDCW Daily
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₹19,356.7 CrAUM
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₹1,006.23NAV
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0.22%Expense Ratio
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DebtFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Nippon India Money Market Fund Direct-IDCW Daily Return Comparison
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 1.48% | NA | 1.75% |
| 6 Months | 3.38% | NA | 4.16% |
| 1 Year | 6.41% | 6.41% | 7.96% |
| 2 Years | 14.66% | 7.08% | 7.76% |
| 3 Years | 23.66% | 7.34% | 7.48% |
| 5 Years | 39.10% | 6.82% | 6.08% |
| 7 Years | 53.67% | 6.33% | NA |
| 10 Years | 91.88% | 6.73% | 6.86% |
Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision
Asset Allocation of Nippon India Money Market Fund Direct-IDCW Daily
debt instruments
98.93%other assets or cash equivalents
1.07%Nippon India Money Market Fund Direct-IDCW Daily is one Debt mutual fund offered by Nippon India Mutual Fund. Launched on 01 Jan 2013, the fund aims Income over short term. Investment in money market instruments having residual maturity up to 1 year. It manages assets worth ₹19,356.7 crore as on Sat Oct 31, 2026. The expense ratio stands at 0.22%. Fund Manager Manager EducationAbout Nippon India Money Market Fund Direct-IDCW Daily
The portfolio allocation consists of 98.93% in debt instruments, 1.07% in other assets or cash equivalents.Managed by Vikash Agarwal, it has delivered a return of 6.41% in the last year, a total return since inception of 7.28%.
The latest dividend was declared on 05 Nov 2026 at 0.06% of face value.
Considering investment horizon individuals often evaluate which sip is best during their long-term financial strategy.
Key Metrics of Nippon India Money Market Fund Direct-IDCW Daily
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Standard Deviation0.59%
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Mean7.08%
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Sharpe Ratio2.55%
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Sortino Ratio3.69%
Nippon India Money Market Fund Direct-IDCW Daily Fund Details
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Compare Nippon India Money Market Fund Direct-IDCW Daily with other mutual funds in the same category
Nippon India Money Market Fund Direct-IDCW Daily
Tata Money Market Fund Direct-Growth
Tata Money Market Fund Direct-IDCW Daily
Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Tata Money Market Fund Direct-Growth  |
₹32,701 | 0.39% | 1.51% | 6.54% | 7.45% | 6.91% |
| Tata Money Market Fund Direct-IDCW Daily |
₹32,701 | 0.39% | 1.51% | 6.54% | 7.45% | 6.91% |
| Nippon India Money Market Fund Direct-Growth |
₹19,357 | 0.38% | 1.48% | 6.41% | 7.34% | 6.82% |
| Nippon India Money Market Fund Direct-IDCW Daily |
₹19,357 | 0.38% | 1.48% | 6.41% | 7.34% | 6.82% |
| Nippon India Money Market Fund Direct-IDCW Monthly |
₹19,357 | 0.38% | 1.48% | 6.41% | 7.34% | 6.82% |
| Nippon India Money Market Fund Direct-IDCW Quarterly |
₹19,357 | 0.38% | 1.48% | 6.41% | 7.34% | 6.82% |
| Nippon India Money Market Fund Direct-IDCW Weekly |
₹19,357 | 0.38% | 1.48% | 6.41% | 7.34% | 6.82% |
| Axis Money Market Fund Direct-Growth |
₹19,507 | 0.40% | 1.51% | 6.52% | 7.38% | 6.82% |
| Axis Money Market Fund Direct-IDCW Daily |
₹19,507 | 0.40% | 1.51% | 6.52% | 7.38% | 6.82% |
| Axis Money Market Fund Direct-IDCW Monthly |
₹19,507 | 0.40% | 1.51% | 6.52% | 7.38% | 6.82% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Nippon India Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
|
Nippon India Money Market Fund Direct-Growth
|
₹19,357 | 0.38% | 1.48% | 3.38% | 6.41% | 7.34% |
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Nippon India Money Market Fund-Growth
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₹19,357 | 0.36% | 1.44% | 3.29% | 6.24% | 7.18% |
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Nippon India Money Market Fund-IDCW Daily
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₹19,357 | 0.36% | 1.44% | 3.29% | 6.24% | 7.18% |
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Nippon India Money Market Fund Direct-IDCW Monthly
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₹19,357 | 0.38% | 1.48% | 3.38% | 6.41% | 7.34% |
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Nippon India Money Market Fund-IDCW Monthly
|
₹19,357 | 0.36% | 1.44% | 3.29% | 6.24% | 7.18% |
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Nippon India Money Market Fund Direct-IDCW Quarterly
|
₹19,357 | 0.38% | 1.48% | 3.38% | 6.41% | 7.34% |
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Nippon India Money Market Fund-IDCW Quarterly
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₹19,357 | 0.36% | 1.44% | 3.29% | 6.24% | 7.18% |
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Nippon India Money Market Fund Direct-IDCW Weekly
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₹19,357 | 0.38% | 1.48% | 3.38% | 6.41% | 7.34% |
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Nippon India Money Market Fund-IDCW Weekly
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₹19,357 | 0.36% | 1.44% | 3.29% | 6.24% | 7.18% |
growth is based on 1-month returns of the fundsNippon India Money Market Fund Direct-IDCW Daily Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Money Market Direct-Growth |
₹32,880 | ₹418.49 | 7.30% | 6.74% | 6.68% |
| ICICI Prudential Money Market-Growth |
₹32,880 | ₹412.73 | 7.18% | 6.62% | 6.56% |
| ICICI Prudential Money Market Direct-IDCW Daily |
₹32,880 | ₹100.14 | 7.30% | 6.74% | 6.68% |
| ICICI Prudential Money Market-IDCW Daily |
₹32,880 | ₹100.13 | 7.18% | 6.62% | 6.56% |
| ICICI Prudential Money Market Direct-IDCW Others |
₹32,880 | ₹191.75 | 7.30% | 6.74% | 6.68% |
| ICICI Prudential Money Market-IDCW Others |
₹32,880 | ₹189.56 | 7.18% | 6.62% | 6.56% |
| ICICI Prudential Money Market-IDCW Weekly |
₹32,880 | ₹100.81 | 7.18% | 6.62% | 6.56% |
| ICICI Prudential Money Market Direct-IDCW Weekly |
₹32,880 | ₹100.87 | 7.30% | 6.74% | 6.68% |
| Tata Money Market Fund Direct-Growth |
₹32,701 | ₹5,249.43 | 7.45% | 6.91% | 6.03% |
| Tata Money Market Fund Regular-Growth |
₹32,701 | ₹5,135.79 | 7.18% | 6.64% | 5.83% |
Nippon India Money Market Fund Direct-IDCW Daily Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Repo | Unspecified | 5.34% | ₹1,262.00 Cr |
| Repo | Unspecified | 5.34% | ₹1,262.00 Cr |
| Repo | Unspecified | 5.34% | ₹1,262.00 Cr |
| Reverse Repo | Unspecified | 4.61% | ₹1,000.00 Cr |
| National Bank For Agriculture And Rural Development Cd 18mar27 | Financial | 4.27% | ₹847.61 Cr |
| National Bank For Agriculture And Rural Development Cd 18mar27 | Financial | 4.27% | ₹847.61 Cr |
| National Bank For Agriculture And Rural Development Cd 18mar27 | Financial | 4.27% | ₹847.61 Cr |
| National Bank For Agriculture And Rural Development Cd 18mar27 | Financial | 3.57% | ₹843.58 Cr |
| National Bank For Agriculture And Rural Development Cd 18mar27 | Financial | 3.57% | ₹843.58 Cr |
| National Bank For Agriculture And Rural Development Cd 18mar27 | Financial | 3.57% | ₹843.58 Cr |
| Punjab National Bank Cd 09mar27 | Financial | 3.90% | ₹754.73 Cr |
| Punjab National Bank Cd 09mar27 | Financial | 3.79% | ₹752.56 Cr |
| Punjab National Bank Cd 09mar27 | Financial | 3.79% | ₹752.56 Cr |
| Punjab National Bank Cd 09mar27 | Financial | 3.79% | ₹752.56 Cr |
| Punjab National Bank Cd 09mar27 | Financial | 3.17% | ₹748.83 Cr |
| Punjab National Bank Cd 09mar27 | Financial | 3.17% | ₹748.83 Cr |
| Punjab National Bank Cd 09mar27 | Financial | 3.17% | ₹748.83 Cr |
| Government Of India 37087 182 Days Tbill 21ag26 Fv Rs 100 | Financial | 3.48% | ₹740.94 Cr |
| Punjab National Bank Cd 09mar27 | Financial | 3.37% | ₹740.45 Cr |
| Punjab National Bank Cd 09mar27 | Financial | 3.37% | ₹740.45 Cr |
Top Debt Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Tata Money Market Fund Direct-Growth |
₹5,249.43 | 7.45% | 6.91% | - |
| Tata Money Market Fund Direct-IDCW Daily |
₹1,114.52 | 7.45% | 6.91% | - |
| Nippon India Money Market Fund Direct-Growth |
₹4,581.67 | 7.34% | 6.82% | - |
| Nippon India Money Market Fund Direct-IDCW Daily |
₹1,006.23 | 7.34% | 6.82% | - |
| Nippon India Money Market Fund Direct-IDCW Monthly |
₹1,028.23 | 7.34% | 6.82% | - |
| Nippon India Money Market Fund Direct-IDCW Quarterly |
₹1,017.38 | 7.34% | 6.82% | - |
| Nippon India Money Market Fund Direct-IDCW Weekly |
₹1,008.59 | 7.34% | 6.82% | - |
| Axis Money Market Fund Direct-Growth |
₹1,575.22 | 7.38% | 6.82% | - |
| Axis Money Market Fund Direct-IDCW Daily |
₹1,005.61 | 7.38% | 6.82% | - |
| Axis Money Market Fund Direct-IDCW Monthly |
₹1,011.25 | 7.38% | 6.82% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Nippon India Money Market Fund Direct-IDCW Daily
What is the current AUM of Nippon India Money Market Fund Direct-IDCW Daily?
As of Sat Oct 31, 2026, Nippon India Money Market Fund Direct-IDCW Daily manages assets worth ₹19,356.7 crore
How has Nippon India Money Market Fund Direct-IDCW Daily performed recently?
- 3 Months: 1.48%
- 6 Months: 3.38%
What is the long-term performance of Nippon India Money Market Fund Direct-IDCW Daily?
- 3 Years CAGR: 7.34%
- 5 Years CAGR: 6.82%
- Since Inception: 7.28%
What is the portfolio composition of Nippon India Money Market Fund Direct-IDCW Daily?
Debt: 98.93%, Others: 1.07%.
Who manages Nippon India Money Market Fund Direct-IDCW Daily?
Nippon India Money Market Fund Direct-IDCW Daily is managed by Vikash Agarwal from Nippon India Mutual Fund.
When was the last dividend declared by Nippon India Money Market Fund Direct-IDCW Daily?
Latest dividend was declared on 05 Nov 2026 at 0.06% of face value.
Which are the top companies Nippon India Money Market Fund Direct-IDCW Daily has invested in?
- Repo – 5.34% of the fund's portfolio
- Repo – 5.34% of the fund's portfolio
- Repo – 5.34% of the fund's portfolio
- Reverse Repo – 4.61% of the fund's portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 18MAR27 – 4.27% of the fund's portfolio
Which are the major sectors Nippon India Money Market Fund Direct-IDCW Daily focuses on?
- Financial – 58.52% of the fund's portfolio
- Unspecified – 20.63% of the fund's portfolio
