|Min SIP Amount||₹100|
|NAV||₹1012.74 (16 Apr 2021)|
|Fund Started||17 Jul 2013|
|Fund Size||₹6,865 Cr|
|Export-Import Bank Of India||Financial||CD||6.5%|
|National Bank For Agriculture & Rural Development||Financial||CP||5.7%|
|Axis Bank Ltd.||Financial||CD||4.3%|
|IDFC First Bank Ltd.||Financial||FRN||3.6%|
|Indusind Bank Ltd.||Financial||CD||3.6%|
|Reserve Bank of India||Financial||T-Bills||3.4%|
|Bharti Hexacom Ltd.||Communication||CP||2.9%|
Nippon India Money Market Fund Direct IDCW Quarterly is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 17 Jul 2013. Amit Tripathi, Vivek Sharma is the Current Fund Manager of Nippon India Money Market Fund Direct IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹6,865 Cr and the Latest NAV as of 16 Apr 2021 is ₹1012.74.
The Nippon India Money Market Fund Direct IDCW Quarterly 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.