MF Gyan
debtLow risk

Nippon India Money Market Fund - Direct Plan - Growth Option

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Nippon India Mutual Fund. It's been running since 1 Jan 2013.

Latest price per unit
₹4,537.3547
0.03% today
As of 1 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.07 L
₹6.5k gain · 6.5% / year
Invested 3 years ago
₹1.24 L
₹24.0k gain · 7.4% / year
Invested 5 years ago
₹1.39 L
₹38.6k gain · 6.7% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
0.4%

The value swings roughly 0% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.87%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Technical details (for the pros)
CAGR — 1 year6.51%
CAGR — 3 years7.43%
CAGR — 5 years6.74%
CAGR — since launch7.31%
Volatility — 1 year (annualised)0.51%
Volatility — 3 years (annualised)0.43%
Max drawdown — 1 year-0.15%
Max drawdown — 3 years-0.15%
Sharpe ratio — 1 year (rf=6%)1.16
Sharpe ratio — 3 years (rf=6%)3.49

Fund info

Fund house
Nippon India Mutual Fund
Category
Debt Scheme - Money Market Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF204K01ZP3
ISIN (Div re-invest)
Fund code
118719
First price on record
1 Jan 2013 · 3,690 daily prices

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.