Nippon India Money Market Fund vs Tata Money Market Fund
Nippon India Money Market Fund (Direct) and Tata Money Market 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 05 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 01 Jan 2013 – 05 Oct 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 | Tata Money Market Fund |
|---|---|---|
| 01 Jan 2013 | ₹100.00 | ₹100.00 |
| 24 Feb 2014 | ₹110.76 | ₹110.71 |
| 19 Apr 2015 | ₹122.43 | ₹122.32 |
| 10 Jun 2016 | ₹134.04 | ₹133.85 |
| 03 Aug 2017 | ₹144.85 | ₹144.60 |
| 26 Sep 2018 | ₹156.72 | ₹153.91 |
| 19 Nov 2019 | ₹172.64 | ₹159.76 |
| 10 Jan 2021 | ₹184.49 | ₹171.36 |
| 05 Mar 2022 | ₹192.84 | ₹179.54 |
| 28 Apr 2023 | ₹206.31 | ₹192.11 |
| 20 Jun 2024 | ₹224.50 | ₹209.33 |
| 12 Aug 2025 | ₹245.43 | ₹229.06 |
| 05 Oct 2026 | ₹263.80 | ₹246.51 |
| Metric | Nippon India · Direct NAV ₹4,564.50 Low risk ★★★☆☆ | Tata · Direct NAV ₹5,229.20 Low risk ★★★☆☆ | Category median Money Market Fund · 27 funds |
|---|---|---|---|
| +6.52% | +6.64%Best in row | +6.52% | |
| +7.41% | +7.52%Best in row | +7.37% | |
| +6.81% | +6.89% | +6.69% | |
| +6.76%Best in row | +6.06% | +6.72% | |
| +7.31% | +6.78% | +7.08% | |
| +7.23% | +7.33% | — | |
| +7.08%Best in row | +6.41% | +6.99% | |
| +6.91%Best in row | +6.08% | +6.70% | |
| +6.98%Best in row | +6.25% | +6.96% | |
| Risk | |||
| 0.43% | 0.42% | 0.42% | |
| -0.87% | -6.57% | -0.77% | |
| 0.22% | 0.18%Best in row | 0.17% | |
| ₹21,540Cr | ₹34,494Cr | ₹4,142Cr | |
| ₹100 | ₹500 | — | |
| ₹10.00K | ₹5.00K | — | |
| Vikash Agarwal · 2.1y | Amit Somani · 13y | — | |
| 1.1% | 1.3% | — | |
13 rows carry the same value for every fund — show
- Sharpe
- —
- Sortino
- —
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Portfolio turnover
- —
- 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 Tata Money Market Fund?
Over the last 3 years, Tata Money Market Fund returned +7.52% CAGR against Nippon India Money Market Fund's +7.41%, computed from AMFI NAV history. Over 5 years: Nippon India Money Market Fund +6.81% vs Tata Money Market Fund +6.89% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Nippon India Money Market Fund or Tata Money Market Fund?
Tata Money Market Fund has the lower expense ratio: Nippon India Money Market Fund charges 0.22% a year against Tata Money Market Fund's 0.18%. 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 Tata Money Market Fund?
Nippon India Money Market Fund has shown higher volatility (+0.43% annualized vs Tata Money Market 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 Tata Money Market Fund -0.15%.
Which fund manages more money — Nippon India Money Market Fund or Tata Money Market Fund?
Tata Money Market Fund is the larger fund: Nippon India Money Market Fund manages ₹21,540Cr against Tata Money Market Fund's ₹34,494Cr 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 Tata Money Market 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.