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Nippon India Money Market Fund Direct IDCW Quarterly+0.01%

5.45%
1 Year Return
Debt
Money Market
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Money Market Fund Direct IDCW Quarterly

RiskModerate
Min SIP Amount₹100
Expense Ratio0.19%
NAV₹1012.74 (16 Apr 2021)
Fund Started17 Jul 2013
Fund Size6,865 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.5%
7.1%
7.1%
7.8%
Category Average
5.0%
6.5%
6.7%
-
Rank Within Category
10
3
6
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.5% returns per annum

Comparison

Data not available
Pros
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
6. Lower expense ratio - 0.19%
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
GOISovereignCGL10.6%
GOISovereignCGL10.2%
GOISovereignGOI Sec8.6%
Export-Import Bank Of IndiaFinancialCD6.5%
National Bank For Agriculture & Rural DevelopmentFinancialCP5.7%
Axis Bank Ltd.FinancialCD4.3%
IDFC First Bank Ltd.FinancialFRN3.6%
Indusind Bank Ltd.FinancialCD3.6%
Reserve Bank of IndiaFinancialT-Bills3.4%
Bharti Hexacom Ltd.CommunicationCP2.9%
See All

Fund Managers

Amit Tripathi
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Anju Chhajer
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Vivek Sharma
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Nippon India Money Market Fund Direct IDCW Quarterly Details

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.

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

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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
Nippon 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,
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