Question 1

What is the Expense Ratio of Nippon India Money Market Fund - Direct - Growth?

Accepted Answer

The Expense Ratio of Nippon India Money Market Fund - Direct - Growth is 0.23% as of 01/06/2026. This is the fee charged by the fund house for managing the fund.

Question 2

What is the AUM of Nippon India Money Market Fund - Direct - Growth?

Accepted Answer

The Assets Under Management (AUM) of Nippon India Money Market Fund - Direct - Growth is ₹16,862.47 Crores as of Quarter ending June 2026.

Question 3

What is the 3-Year CAGR of Nippon India Money Market Fund - Direct - Growth?

Accepted Answer

The 3-Year Compound Annual Growth Rate (CAGR) of Nippon India Money Market Fund - Direct - Growth is 7.34%. This indicates the average annual growth rate over the last 3 years.

Question 4

Who manages Nippon India Money Market Fund - Direct - Growth?

Accepted Answer

Nippon India Money Market Fund - Direct - Growth is managed by Nippon India Mutual Fund.

Question 5

Is Nippon India Money Market Fund - Direct - Growth an open-ended or close-ended scheme?

Accepted Answer

Nippon India Money Market Fund - Direct - Growth is an Open-Ended scheme.

Question 6

How is the Expense Ratio calculated?

Accepted Answer

The Expense Ratio is the annual fee that mutual funds charge their unitholders. It expresses the percentage of assets deducted each fiscal year for fund expenses including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.

Period	Returns	CAGR	Volatility
3M	2.10%	8.69%	0.62%
6M	3.50%	7.12%	0.70%
1Y	6.49%	6.49%	0.54%
3Y	23.67%	7.34%	0.44%
5Y	38.36%	6.71%	0.40%

Scheme	3Y CAGR (%)	TER (%)	AUM (Cr)
Tata Money Market Fund - Direct - Growth	7.44%	0.18%	₹30,851
Bandhan Money Market Fund - Direct - Growth	7.33%	0.10%	₹13,915.51
Axis Money Market Fund - Direct - Growth	7.37%	0.18%	₹17,736.81
Bajaj Finserv Money Market Fund - Direct - Growth	7.30%	0.13%	₹3,898.26
Franklin India Money Market Fund - Direct - Growth	7.31%	0.14%	₹3,578.03
HDFC Money Market Fund - Direct - Growth	7.31%	0.23%	₹22,225.01
Nippon India Money Market Fund - Direct - Growth	7.34%	0.23%	₹16,862.47

Nippon India Money Market Fund - Direct - Growth

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