| NAV: 13 May 2022 | ₹1,973.77 |
| Min. SIP amount | NA |
| Rating | 4 |
| Fund size | ₹11,265.13Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.8% | 5.5% | 6.3% | 7.3% |
| Category average | 3.7% | 6.3% | 6.5% | NA |
| Rank with in category | 3 | 6 | 6 | NA |
Holdings (76)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Indian Bank | Financial | CD | 5.5% |
Reserve Bank of India | Financial | T-Bills | 4.5% |
Deutsche Bank | Financial | CD | 3.9% |
| Reliance Industries Ltd. | Energy | CP | 3.7% |
Axis Bank Ltd. | Financial | CD | 3.6% |
Reserve Bank of India | Financial | T-Bills | 3.0% |
| Reliance Retail Ventures Ltd. | Services | CP | 3.0% |
| Reliance Retail Ventures Ltd. | Services | CP | 3.0% |
HDFC Bank Ltd. | Financial | CD | 3.0% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 2.4% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.04%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Anju ChhajerFeb 2020 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in Nippon India Money Market Fund Direct Bonus?
You can easily invest in Nippon India Money Market Fund Direct Bonus in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Nippon India Money Market Fund Direct Bonus from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Nippon India Money Market Fund Direct Bonus as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Nippon India Money Market Fund Direct Bonus provide?
The Nippon India Money Market Fund Direct Bonus has been there from 05 Feb 2013 and the average annual returns provided by this fund is 3.77% since its inception.
How much expense ratio is charged by Nippon India Money Market Fund Direct Bonus?
The term
Expense Ratio used for Nippon India Money Market Fund Direct Bonus or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Nippon India Money Market Fund Direct Bonus is 0.04% as of 17 May 2022...
What is the AUM of Nippon India Money Market Fund Direct Bonus?
The AUM, short for Assets Under Management of Nippon India Money Market Fund Direct Bonus is ₹11,265.13Cr as of 17 May 2022.
How to Redeem Nippon India Money Market Fund Direct Bonus?
If you want to sell your Nippon India Money Market Fund Direct Bonus holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Nippon India Money Market Fund Direct Bonus?
What is the NAV of Nippon India Money Market Fund Direct Bonus?
The NAV of Nippon India Money Market Fund Direct Bonus is ₹1,973.77 as of 13 May 2022.
