₹ 43.04
NAV (Apr 15)
Money Market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Money Market Funds invest in money market instruments with maturity upto 1 year.
This category accounts for close to 5% of the total Debt fund assets.
Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
The scheme aims to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.
Expense Ratio | 0.1 % |
Launched | - |
AUM in Crores | 10048.5 |
ISIN | INF194K01M80 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY Money Market Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.5 |
Beta | 1.1 |
Sharpe Ratio | 1.2 |
YTM | - |
National Bank For Agriculture & Rural Development
3.96%National Bank For Agriculture & Rural Development
3.18%Punjab National Bank
3.18%ICICI Bank Ltd.
3.17%HDFC Bank Ltd.
3.17%Fund Name | Fund Size | |
---|---|---|
₹ 4,772 cr | ||
₹ 4,484 cr | ||
₹ 14,724 cr | ||
₹ 9,086 cr | ||
₹ 42,292 cr |