Nippon India Money Market Fund Direct Dividend Quarterly+0.01%

6.47%
1 Year Return
Debt
Money Market
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Money Market Fund Direct Dividend Quarterly

RiskModerately Low
Min SIP Amount₹100
Expense Ratio0.15%
NAV1014.89 (29 Oct 2020)
Fund Started17 Jul 2013
Fund Size5,762 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Money Market Fund Direct Dividend Quarterly
6.5%
7.6%
7.5%
8.0%
Category Average
6.0%
7.0%
7.2%
-
Rank within category
10
5
8
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.5% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.15%
    2. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills5.8%
    National Bank For Agriculture & Rural DevelopmentFinancialCP5.5%
    IDFC First Bank Ltd.FinancialCD4.3%
    Export-Import Bank Of IndiaFinancialCP4.3%
    Reserve Bank of IndiaFinancialT-Bills3.9%
    GOISovereignGOI FRB3.6%
    Andhra Pradesh StateOthersSDL3.6%
    Small Industries Devp. Bank of India Ltd.FinancialCP2.6%
    LIC Housing Finance Ltd.FinancialCP2.6%
    Reliance Industries Ltd.EnergyCP2.6%
    See All

    Fund Managers

    addAmit 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
    addAnju 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
    addVivek 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 Quarterly Details

    Nippon India Money Market Fund Direct Dividend 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 Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹5,762 Cr and the Latest NAV as of 29 Oct 2020 is ₹1014.89.

    The Nippon India Money Market Fund Direct Dividend Quarterly is rated Moderately Low 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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