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Nippon India Money Market Fund Direct IDCW Monthly

Debt
Money Market
Moderate Risk
Payout
5.95%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Jan 2022₹1,013.29
Min. SIP amount₹100
Rating3
Fund size₹8,215.11Cr

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.0%6.0%6.5%7.5%
Category average3.7%6.3%6.5%NA
Rank with in category566NA
Understand terms

Holdings (51)

NameSectorInstrumentAssets
GOI
SovereignCGL10.7%
Bank Of Baroda
FinancialCD5.7%
GOI
SovereignGOI Sec4.2%
EnergyCP3.6%
EngineeringCP3.6%
GOI
SovereignGOI Sec3.1%
IDFC First Bank Ltd.
FinancialFRN3.0%
EnergyCP3.0%
FinancialCP3.0%
Axis Bank Ltd.
FinancialCD3.0%
See All

Pros and cons

Category: Debt Money Market

Pros

1Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 0.17%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

3Y annualised returns lower than category average by 0.27%

Expense ratio, exit load and tax

Expense ratio: 0.17%

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹100

Fund management

Anju Chhajer
Feb 2020 - Present
View details

Fund house & investment objective

Fund house contact details

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