We have These films were irradiated with 85 MeV C-ions at the fluences of 1 x 1011 and 1 x 1012 ions/cm2. Changes in the optical, structural, dielectric, magnetic and thermal properties of (PMMA)/Ni nanocomposites of different concentrations of nickel nanoparticles (5%, 10%, 15%) due to swift heavy ion irradiation were studied by means of UVvisible spectroscopy, X-ray diffraction, impedance gain phase analyzer, SQUID and differential scanning calorimetry. Optical properties like band gap were estimated for pure polymer and nanocomposite films from their optical absorption spectra in the wavelength range 200-800 nm. It was found that the band gap value shifted to lower energy on doping with metal nanoparticles. Differential scanning calorimetry analysis revealed a decrease in the glass transition temperature upon irradiation, which may be attributed to the scissioning of polymer chain due to ion beam irradiation which is also corroborated with XRD analysis. Surface morphology of the pristine and irradiated films was studied by scanning electron microscopy (SEM). The breakage of chemical bonds resulted in an increase of free radicals, unsaturation etc. as revealed from FTIR analysis. The dielectric properties were observed to enhance with an increase in metal compound concentration as well as with irradiation dose. This may be due to metal/polymer bonding and conversion of polymeric structure into hydrogen-depleted carbon network. Zero-Field-Cooled (ZFC)/Field-Cooled (FC) magnetization and magnetic hysteresis measurements were performed using a superconducting quantum interference device (SQUID) magnetometer from temperatures ranging from 5 K to 300 K, to investigate the magnetic properties of nanocomposites. The changes in topography of surfaces were also observed upon irradiation.