Formerly Reliance Money Market Bns
₹ 1713.3216
NAV (Aug 14)
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 years₹ 1713.3216
NAV (Aug 14)
Last 1Y | 8.7% |
Last 3Y | 7.6% |
Last 5Y | 7.9% |
Last 10Y | NA |
Since Inception | 3.9% |
6 Month CAGR | 4.3% |
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments
Expense Ratio | 0.4 |
Launched (19y ago) | Jun 16, 2005 |
AUM in Crores | 13110.125 |
ISIN | INF204K01UX8 |
Lock-in | No Lock-in |
Benchmark | CRISIL Money Market TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.4 |
Standard Deviation (5yr) | 0.3 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 2.452 |
Sharpe Ratio (5yr) | 2.739 |
YTM | 7.89 |
of
for
with step up of
Asset | Returns | Total Corpus | Gains | CAGR |
---|---|---|---|---|
Nippon India Money Market Fund Bonus (PIDCW-A) | 8,87,328 | 1,54,716 | 7.9% | |
EPF | 9,00,761 | 1,68,149 | 8.50% | |
Property | 8,67,662 | 1,35,050 | 7.00% | |
PPF | 8,69,819 | 1,37,207 | 7.10% | |
Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
Gold | 8,46,471 | 1,13,859 | 6.00% | |
Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
182 Days Treasury Bill 29-08-2024
3.7%national bank for agriculture and rural development
3.6%bank of baroda
3.6%hdfc bank limited
3.2%reverse repo
3.1%Fund Name | Fund Size | Rolling Returns |
---|---|---|
₹ 45,349 cr | ||
₹ 14,455 cr | ||
₹ 13,853 cr | ||
₹ 12,072 cr | ||
₹ 11,011 cr |
Nippon Life India Asset Management Ltd
Fund Name | Scripbox Opinion | Till Date CAGR | |
---|---|---|---|
5.4% | 6.8% | ||
5.4% | 6.7% | ||
5.4% | 5.7% | ||
5.4% | 6.7% | ||
5.4% | 5.7% |
Nippon India Money Market Fund Bonus (PIDCW-A) is a Money Market Debt fund and has delivered an annualised return of 3.9% over a period of 18 years. The fund was previously known as Reliance Money Market Bns. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Anju Chhajer, Kinjal Desai.
Nav of Nippon India Money Market Fund Bonus (PIDCW-A) as of 8/14/2019 is ₹1713.32 with the total AUM as of 3/28/2024 is ₹13110.125. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Money Market Fund Bonus (PIDCW-A) was launched on Jun 16, 2005. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Nippon India Money Market Fund Bonus (PIDCW-A) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Nippon India Money Market Fund Bonus (PIDCW-A) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Money Market TR INR.
Nippon India Money Market Fund Bonus (PIDCW-A) is rated as a 3 fund in Debt and delivered 8.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Money Market Fund Bonus (PIDCW-A).
What is Nippon India Money Market Fund Bonus (PIDCW-A)?
How to invest in Nippon India Money Market Fund Bonus (PIDCW-A)?
You can invest in Nippon India Money Market Fund Bonus (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Nippon India Money Market Fund Bonus (PIDCW-A)?
The minimum sip amount for Nippon India Money Market Fund Bonus (PIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is Nippon India Money Market Fund Bonus (PIDCW-A) good to invest in?
As per Scripbox experts, Nippon India Money Market Fund Bonus (PIDCW-A) is a Neutral fund. You can investNippon India Money Market Fund Bonus (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Nippon India Money Market Fund Bonus (PIDCW-A)?
The expense ratio of the Nippon India Money Market Fund Bonus (PIDCW-A) is 0.4% for regular plan.