|Min SIP Amount||₹100|
|NAV||₹1005.06 (29 Oct 2020)|
|Fund Started||16 Jun 2005|
|Fund Size||₹5,762 Cr|
|Reserve Bank of India||Financial||T-Bills||5.8%|
|National Bank For Agriculture & Rural Development||Financial||CP||5.5%|
|IDFC First Bank Ltd.||Financial||CD||4.3%|
|Export-Import Bank Of India||Financial||CP||4.3%|
|Reserve Bank of India||Financial||T-Bills||3.9%|
|Andhra Pradesh State||Others||SDL||3.6%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||2.6%|
|LIC Housing Finance Ltd.||Financial||CP||2.6%|
|Reliance Industries Ltd.||Energy||CP||2.6%|
Nippon India Money Market Fund Dividend Daily is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 16 Jun 2005. Amit Tripathi, Vivek Sharma is the Current Fund Manager of Nippon India Money Market Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹5,762 Cr and the Latest NAV as of 29 Oct 2020 is ₹1005.06.
The Nippon India Money Market Fund Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.