A magnetoresistance effect film comprising two ferromagnetic layers stacked on a substrate with a nonmagnetic layer interposed between said two ferromagnetic layers, and an antiferromagnetic layer underlying a first one of said ferromagnetic layers, the inequality of Hc.sub.2 <Hr being satisfied between a biasing magnetic field Hr of said antiferromagnetic layer and a coercive force Hc.sub.2 of the other second one of said ferromagnetic layers, wherein at least a part of said antiferromagnetic layer is made of a NiMn alloy having an fct crystalline structure, said NiMn alloy having 1-10% carbon (C) by the atomic percent added thereto to induce fct lattice transformation during heat treatment.