Nippon India Mutual Fund
Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option
Money Market
+7.3% 3Y CAGR
Mirae Asset Mutual Fund
Money Market · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Mirae Asset Money Market Fund is a Money Market fund from Mirae Asset Mutual Fund, with NAVs going back to August 2021. This page covers its direct plan, growth option. It manages ₹3,657 crore, the 17th largest of 26 Money Market funds. Its expense ratio is 0.11% a year, lower than the median of 0.17% for Money Market funds.
Over the last three years it returned 7.31% a year, 7th of 22 Money Market funds (median 7.27%). Over five years it returned 6.64% a year, 13th of 19. It is 0.28 percentage points a year ahead of its benchmark, the NIFTY Money Market Index A-I, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 0.2%, and AMFI's riskometer rates it Low to Moderate.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
+6.26%
3 Years
+7.31%
5 Years
+6.64%
Since launch (12 Aug 2021)
+6.50%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | +6.26% | +6.33% | -0.07 pts |
| 3 Years | +7.31% | +7.03% | +0.28 pts |
| 5 Years | +6.64% | +6.49% | +0.15 pts |
| Since launch | +6.49% | +6.34% | +0.15 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
0.4%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-0.2%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 12 Aug 2021.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Mirae Asset Mutual Fund's website before you invest.
Funds next to Mirae Asset Money Market Fund, in the same category, ranked by 3-year return.
Nippon India Mutual Fund
Money Market
+7.3% 3Y CAGR
Mirae Asset Money Market Fund Direct Growth
Research-only · No transactions