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 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 | Tata Money Market Fund |
|---|---|---|
| 01 Jan 2013 | ₹100.00 | ₹100.00 |
| 20 Feb 2014 | ₹110.65 | ₹110.61 |
| 11 Apr 2015 | ₹122.18 | ₹122.10 |
| 30 May 2016 | ₹133.73 | ₹133.55 |
| 19 Jul 2017 | ₹144.47 | ₹144.22 |
| 07 Sep 2018 | ₹156.41 | ₹156.20 |
| 27 Oct 2019 | ₹171.86 | ₹159.06 |
| 14 Dec 2020 | ₹184.00 | ₹170.93 |
| 02 Feb 2022 | ₹192.14 | ₹178.88 |
| 24 Mar 2023 | ₹204.54 | ₹190.37 |
| 12 May 2024 | ₹222.64 | ₹207.58 |
| 01 Jul 2025 | ₹243.75 | ₹227.47 |
| 20 Aug 2026 | ₹261.53 | ₹244.36 |
| Metric | Nippon India · Direct NAV ₹4,525.17 Low risk ★★★☆☆ | Tata · Direct NAV ₹5,183.51 Low risk ★★★★☆ | Category median Money Market Fund · 28 funds |
|---|---|---|---|
| +6.41% | +6.54%Best in row | +6.44% | |
| +7.43% | +7.54%Best in row | +7.38% | |
| +6.71% | +6.79% | +6.60% | |
| +6.76%Best in row | +6.05% | +6.72% | |
| +7.31%Best in row | +6.77% | +7.08% | |
| +7.21% | +7.32%Best in row | — | |
| +7.07%Best in row | +6.38% | +6.98% | |
| +6.90%Best in row | +6.05% | +6.73% | |
| +6.99%Best in row | +6.25% | +6.96% | |
| Risk | |||
| 0.43% | 0.42% | 0.42% | |
| -0.87%Best in row | -6.57% | -0.77% | |
| 0.22% | 0.18%Best in row | 0.16% | |
| ₹21,540Cr | ₹34,494Cr | ₹4,207Cr | |
| ₹100 | ₹500 | — | |
| ₹500 | ₹5.00K | — | |
| Vikash Agarwal | Amit Somani · 12.9y | — | |
| 1.8% | -1.9% | — | |
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 +7.54% CAGR against Nippon India Money Market Fund's +7.43%, computed from AMFI NAV history. Over 5 years: Nippon India Money Market Fund +6.71% vs Tata Money Market Fund +6.79% 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.