6M
1Y
3Y
5Y
All
Fund Details
Nippon India Money Market Fund Direct Dividend daily
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.16% |
| NAV | ₹1003.60 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹6,660 Cr |
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
5.8%
7.3%
7.3%
7.9%
Category Average
5.3%
6.8%
7.0%
-
Rank Within Category
10
6
7
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount₹100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
₹0
with 5.8% returns per annum
Comparison
Data not available
Pros
1. Lower expense ratio - 0.15%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Cons
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 8.2% |
| Bank Of Baroda | Financial | CD | 7.4% |
| Axis Bank Ltd. | Financial | CD | 5.9% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.4% |
| Reserve Bank of India | Financial | T-Bills | 3.9% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.7% |
| Indusind Bank Ltd. | Financial | CD | 3.7% |
| Hindustan Zinc Ltd. | Metals | CP | 3.0% |
| Andhra Pradesh State | Others | SDL | 2.7% |
| Adani Ports and Special Economic Zone Ltd. | Services | CP | 2.2% |
See All
Fund Managers
Amit Tripathi
Education
Mr. Tripathi is a B.Com (H) and PGDM.
Experience
Prior to joining Reliance Mutual Fund he has worked with New India Assurance Co. Ltd, Sun Invest Associates Ltd and CFS Financial Services Pvt. Ltd.
Funds Managed
Anju Chhajer
Education
Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience
Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
Funds Managed
Vivek Sharma
Education
Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
Experience
He has been associated with Reliance AMC since 2006.
Funds Managed
Nippon India Money Market Fund Direct Dividend daily Details
Nippon India Money Market Fund Direct Dividend daily is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amit Tripathi, Vivek Sharma is the Current Fund Manager of Nippon India Money Market Fund Direct Dividend daily fund.The fund currently has an Asset Under Management(AUM) of ₹6,660 Cr and the Latest NAV as of 25 Jan 2021 is ₹1003.60.
The Nippon India Money Market Fund Direct Dividend daily is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.
Investment Objective
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load
Compare Funds
Nippon India Money Market Fund Direct Dividend daily
VS
search
About Nippon India Mutual Fund
Address
Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
Phone
022-33031000/30301111
Launch Date
30 Jun 1995
Website
NANippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Website
www.karvymfs.comSimilar Funds
MOST POPULAR ON GROWW
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: Axis Bluechip Fund | Motilal Oswal S&P 500 Index Fund | Parag Parikh Long Term Equity Fund | SBI Small Cap Fund | HDFC Balanced Advantage Fund | Axis Long Term Equity Fund | UTI Nifty Index Fund | Axis Midcap Fund | SBI Bluechip Fund | Mirae Asset Emerging Bluechip Fund
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL | HDFC | NIPPON INDIA | ADITYA BIRLA SUN LIFE | SBI | UTI | FRANKLIN TEMPLETON | KOTAK MAHINDRA | IDFC | DSP | AXIS | TATA | L&T | SUNDARAM | PGIM | INVESCO | LIC | JM FINANCIAL | BARODA PIONEER | CANARA ROBECO | HSBC | IDBI | INDIABULLS | MOTILAL OSWAL | BNP PARIBAS | MIRAE ASSET | PRINCIPAL | BOI AXA | UNION KBC | TAURUS | EDELWEISS | ESSEL | MAHINDRA | QUANTUM | PPFAS | IIFL | Quant | SHRIRAM | SAHARA | ITI