Nippon India Money Market Fund Direct Dividend weekly+0.02%

4Groww
8.47%
1 Year Return
Debt
Money Market
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Money Market Fund Direct Dividend weekly

RiskModerately Low
Min SIP Amount₹100
Expense Ratio0.15%
NAV1003.65 (06 Dec 2019)
Fund Started01 Jan 2013
Fund Size3,549 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Money Market Fund Direct Dividend weekly
8.5%
7.7%
7.8%
8.2%
Category Average
7.9%
7.1%
7.6%
-
Rank within category
5
5
7
-
*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 8.5% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. 1Y Returns are higher than the benchmark
    5. 3Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Can Fin Homes Ltd.FinancialCP5.5%
    ICICI Bank Ltd.FinancialCD4.8%
    IDFC First Bank Ltd.FinancialCD4.1%
    LIC Housing Finance Ltd.FinancialCP4.0%
    National Bank For Agriculture & Rural DevelopmentFinancialCP3.5%
    REC Ltd.FinancialCP3.5%
    Small Industries Devp. Bank of India Ltd.FinancialCD3.4%
    Reliance Industries Ltd.EnergyCP3.0%
    National Thermal Power Corp. Ltd.EnergyCP2.8%
    Reliance Retail Ltd.ServicesCP2.8%
    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
    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

    Other Details

    Nippon India Money Market Fund Direct Dividend weekly is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Amit Tripathi, Vivek Sharma is the Current Fund Manager of Nippon India Money Market Fund Direct Dividend weekly.The fund currently has an Asset Under Management(AUM) of ₹3,549 Cr and the Latest NAV as of 06 Dec 2019 is ₹1003.65.

    The Nippon India Money Market Fund Direct Dividend weekly is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and 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)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Reliance 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
    29 Jun 1995
    Reliance Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
    ONE TIME
    MONTHLY SIP
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