Nippon India Money Market Fund vs Aditya Birla Sun Life Money Manager Fund
Nippon India Money Market Fund (Direct) and Aditya Birla Sun Life Money Manager Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Money Market Fund schemes — see the best money market mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 01 Jan 2013 – 20 Aug 2026, limited by Nippon India Money Market Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Nippon India Money Market Fund | Aditya Birla Sun Life Money Manager Fund |
|---|---|---|
| 01 Jan 2013 | ₹100.00 | ₹100.00 |
| 20 Feb 2014 | ₹110.65 | ₹110.72 |
| 11 Apr 2015 | ₹122.18 | ₹122.39 |
| 30 May 2016 | ₹133.73 | ₹134.07 |
| 19 Jul 2017 | ₹144.47 | ₹144.98 |
| 07 Sep 2018 | ₹156.41 | ₹157.14 |
| 27 Oct 2019 | ₹171.86 | ₹172.68 |
| 14 Dec 2020 | ₹184.00 | ₹186.06 |
| 02 Feb 2022 | ₹192.14 | ₹194.36 |
| 24 Mar 2023 | ₹204.54 | ₹206.65 |
| 12 May 2024 | ₹222.64 | ₹225.10 |
| 01 Jul 2025 | ₹243.75 | ₹246.32 |
| 20 Aug 2026 | ₹261.53 | ₹264.35 |
| Metric | Nippon India · Direct NAV ₹4,525.17 Low risk ★★★☆☆ | Aditya Birla Sun Life · Direct NAV ₹403.47 Low risk ★★★☆☆ | Category median Money Market Fund · 28 funds |
|---|---|---|---|
| +6.41% | +6.44% | +6.44% | |
| +7.43% | +7.42% | +7.38% | |
| +6.71% | +6.70% | +6.60% | |
| +6.76% | +6.85% | +6.72% | |
| +7.31% | +7.39% | +7.08% | |
| +7.07% | +7.16% | +6.98% | |
| +6.90% | +7.01%Best in row | +6.73% | |
| +6.99% | +7.09% | +6.96% | |
| Risk | |||
| 0.43% | 0.42% | 0.42% | |
| -0.87%Best in row | -1.40% | -0.77% | |
| ₹21,540Cr | ₹29,121Cr | ₹4,207Cr | |
| ₹100 | ₹1.00K | — | |
| ₹500 | ₹1.00K | — | |
| — | 153% | 153% | |
| Vikash Agarwal | Kaustubh Gupta | — | |
| 1.8% | -4.5% | — | |
14 rows carry the same value for every fund — show
- 5Y SIP XIRR
- +7.21%
- Sharpe
- —
- Sortino
- —
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Expense ratio (TER)
- 0.22%
- Exit load
- None
- Lock-in
- None
- Inception
- 01 Jan 2013
- Holdings
- —
- Top 10 weight
- —
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Nippon India Money Market Fund or Aditya Birla Sun Life Money Manager Fund?
Over the last 3 years, Nippon India Money Market Fund returned +7.43% CAGR against Aditya Birla Sun Life Money Manager Fund's +7.42%, computed from AMFI NAV history. Over 5 years: Nippon India Money Market Fund +6.71% vs Aditya Birla Sun Life Money Manager Fund +6.70% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Nippon India Money Market Fund or Aditya Birla Sun Life Money Manager Fund?
Nippon India Money Market Fund has the lower expense ratio: Nippon India Money Market Fund charges 0.22% a year against Aditya Birla Sun Life Money Manager Fund's 0.22%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Nippon India Money Market Fund or Aditya Birla Sun Life Money Manager Fund?
Nippon India Money Market Fund has shown higher volatility (+0.43% annualized vs Aditya Birla Sun Life Money Manager Fund's +0.42%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Nippon India Money Market Fund -0.15% vs Aditya Birla Sun Life Money Manager Fund -0.19%.
Which fund manages more money — Nippon India Money Market Fund or Aditya Birla Sun Life Money Manager Fund?
Aditya Birla Sun Life Money Manager Fund is the larger fund: Nippon India Money Market Fund manages ₹21,540Cr against Aditya Birla Sun Life Money Manager Fund's ₹29,121Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Nippon India Money Market Fund and Aditya Birla Sun Life Money Manager Fund in the same category?
Yes — both are Money Market Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.