Risk | Moderate |
---|---|
Min SIP Amount | ₹100 |
Expense Ratio | 0.16% |
NAV | ₹3192.74 (15 Jan 2021) |
---|---|
Fund Started | 01 Jan 2013 |
Fund Size | ₹6,660 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 6.3% |
Export-Import Bank Of India | Financial | CP | 5.3% |
Reserve Bank of India | Financial | T-Bills | 5.3% |
National Bank For Agriculture & Rural Development | Financial | CP | 4.2% |
Indusind Bank Ltd. | Financial | CD | 3.3% |
Reserve Bank of India | Financial | T-Bills | 3.2% |
Reserve Bank of India | Financial | T-Bills | 3.0% |
Andhra Pradesh State | Others | SDL | 2.8% |
Reserve Bank of India | Financial | T-Bills | 2.6% |
Hindustan Zinc Ltd. | Metals | CP | 2.6% |
Nippon India Money Market Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹6,660 Cr and the Latest NAV as of 15 Jan 2021 is ₹3192.74.
The Nippon India Money Market Fund Direct Growth is rated Moderate 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.